AuctionsMay 18, 2023
Following Met Gala Debut, ‘Bulgari Laguna Blu’ Sells for $25MAuctionsMay 19, 2023
It’s a White-Glove Sale for JAR Jewels at Christie’s
The 28-piece collection is the largest to be offered at auction.
This sapphire, spinel, and diamond “Eye” bangle was the most expensive jewel by designer JAR to sell at Christie’s Geneva “Magnificent Jewels” sale this week, garnering $957,000.
Geneva—JAR cemented his reputation as an auction darling at Christie’s this week.
The largest private collection of JAR jewels to be offered at auction, according to Christie’s, sold 100 percent by lot at the Geneva “Magnificent Jewels” sale on May 17.
The 28 jewels earned a total $6.7 million.
The assortment was led by the JAR sapphire, spinel, and diamond “Eye” bangle, pictured at top, which blew its $276,000 high estimate out of the water, selling for $957,000.
Christie’s Geneva Head of Jewelry Max Fawcett remarked, “The auction today showcased a significant array of important JAR jewels, spanning 40 years of creativity and we are delighted with the results, selling 100 percent by lot: Joel Arthur Rosenthal represents the very best that contemporary jewelry has to offer.”
Including the Eye bangle, the top five JAR lots garnered more than half a million each.
See: Christie’s Geneva’s JAR Highlights
These JAR “Pansy” earrings sold for $543,000 at Christie’s Geneva this week.
The diamond “Ivy Leaf” earrings sold for $501,000.
These yellow sapphire and diamond earrings garnered $348,000.
The nephrite jade “Geranium” earrings sold for $70,000.
Outside of the JAR collection, the most expensive piece sold at the jewelry auction was the Chaumet ruby and diamond ring with 13.07-carat ruby seen below.
Chaumet ruby and diamond ring
It sold for $5.3 million, compared with its $608,000 to $829,000 pre-sale estimate.
A sapphire took the No. 2 spot when “The Royal Blue” sapphire and diamond ring sold for $3.7 million, compared with its $1.3 million to $2.4 million estimate.
“The Royal Blue” sapphire set in a ring
The cushion-shaped Kashmiri cabochon sapphire weighs 28.55 carats and has no indications of heating, according to GIA, AGL, Gubelin, and SSEF.
The No. 3 lot was an unmounted diamond that sold for $3 million called “The Star of Egypt.”
“The Star of Egypt”
The cut-cornered rectangular step-cut diamond weighs 105.52 carats.
In total, Christie’s Geneva Magnificent Jewels sale garnered $45.8 million. It was 94 percent sold by lot.
More on Auctions
The Latest
TrendsJun 02, 2023
Take a Peek at Couture’s Newest Design Talents This year’s Design Atelier is full of gems.
CollectionsJun 02, 2023
Piece of the Week: Saboo Fine Jewels’ Emerald EarringsThey’re a testament to the power of excellent design.
IndependentsJun 02, 2023
These Are the 2023 Retailer Hall of Fame InducteesThis year’s honorees include one of Florida’s largest independent jewelers and two multi-store independents in the Chicago and New York areas.
Brought to you by
The Next Step for GIA Diamond ReportsThe most trusted diamond report, available in print or the GIA App.
TrendsJun 01, 2023
See 50+ Jewels Debuting at Couture in Las VegasThe industry’s most influential contemporary designers are showcasing their latest jewelry designs.
Weekly QuizJun 02, 2023
This Week’s QuizTest your jewelry news knowledge with this short test.
Lab-GrownJun 01, 2023
35-Carat Lab-Grown Diamond Going on Display in VegasCreated by Maitri Lab-Grown Diamonds and graded by IGI, it’s slightly bigger than the record-setting lab-grown diamond GIA just examined.
MajorsJun 01, 2023
Bottom Line Marketing Announces Restructured Leadership, New Service OfferingsThe marketing agency has integrated its first C-suite.
Brought to you by
Beyond Borders: Crucial Factors in Colored Stone Origin DeterminationNavigate origin determination with Continuing Education seminars offered by the GIA Alumni Collective™.
Events & AwardsJun 01, 2023
Meet JCK’s 2023 Keynote SpeakerThe jewelry trade show also will debut educational content centered around social media.
TrendsMay 31, 2023
Here’s a Sneak Peek of New Jewelry to Check Out at JCKLuxury kicks off today, with the full show in swing on Friday.
CollectionsMay 31, 2023
Verragio’s Debut Fine Jewelry Collections Honor Company HeritageOne of the three new collections was inspired by the legend of a woman who traded her mansion to Cartier for two strands of natural pearls.
MajorsMay 31, 2023
Signet Jewelers Names New Head of Investor RelationsRob Ballew will be tasked with communicating the jewelry giant’s plans and financial performance to investors.
MajorsMay 31, 2023
Jewelers Mutual Launches App for Retailers, Introduces New BrokerageWith the app, customers receive a 15-day insurance offer on new purchases while their coverage needs are being evaluated.
Lab-GrownMay 30, 2023
Lightbox Is Testing Out a Trendy Concept Shop in BrooklynIt is in House of Showfields, a bazaar-style retail space in the borough’s Williamsburg neighborhood.
Events & AwardsMay 30, 2023
These Are the Can’t-Miss JCK Talks Education SessionsFrom consumer trends to retail technology, these are the JCK Talks sessions that should be on attendees’ radar.
Events & AwardsMay 30, 2023
24 Karat Club of Southern California Recognizes 3 HonoreesThey will be celebrated at the annual dinner dance and gala in the fall.
GradingMay 26, 2023
State of the Diamond Industry: AI and the Future of Diamond GradingGemologists have long used machines in diamond grading but technology has made it possible for them to “learn” how to do it on their own.
Recorded WebinarsMay 26, 2023
Watch: Diamond Cut Quality: The Final Frontier Part 2Supplier Spotlight Sponsored by IGI
Recorded WebinarsMay 26, 2023
Natural and Lab-Grown Diamonds: What It’s Like to Sell Both Watch retailers Jeffery Bolling and Bobby Bengivengo discuss employee training, customer education and the sticky subject of future value.
FinancialsMay 26, 2023
Movado Sales Slip in Q1 Amid Inflation Woes, Tough CompsThe company has plans to revamp the Movado brand and offer less expensive watches this year.
Supplier BulletinMay 25, 2023
RAE Fine Jewelry Collection Debuting at JCK Luxury 2023Sponsored by Noam Carver
TechnologyMay 25, 2023
State of Retail: Why Jewelers Need to Invest in Cybersecurity NowAs cybercrime incidents threaten the industry, jewelers need to know what they’re up against and the best ways to protect their businesses.
IndependentsMay 25, 2023
Louis Anthony Jewelers Is Remodeling and ExpandingThe Pittsburgh jeweler is redoing the lighting and showcases, and adding a full hospitality bar as well as new shop-in-shops.
SourcingMay 25, 2023
David Yurman Unveils Quartz Exhibition at AMNH The Yurman Family Crystalline Pass is inside the museum’s brand-new Richard Gilder Center.
MajorsMay 25, 2023
Stanley Zale Joins Hill & Co. as Principal Consultant Zale has more than 40 years’ experience in the diamond industry, including 17 years as Stuller’s VP of diamonds and gemstones procurement.
Events & AwardsMay 24, 2023
New To-Dos in Las Vegas During Jewelry Market Week 2023The Strip is full of new restaurant and entertainment offerings.
TrendsMay 24, 2023
State of Design: The Jewelry Design Trends to Know NowNational Jeweler’s senior editor covering fashion, trends, and design highlights the latest looks in the market.
