NRF’s annual survey found that 45 percent of consumers plan to purchase jewelry for a loved one this Mother’s Day.
The second Clark sale
Everybody loves a mystery, and there is something particularly tantalizing about one that will never quite get solved.
Last week, I wrote about Christie’s auctioning the possessions of Huguette M. Clark, amazing pieces of artwork, antique furniture and musical instruments that had been untouched in her three New York City apartments for decades. The sale of “The Clark Family Treasures” follows the 2012 auction of her jewels.
I remember when Christie's first circulated information about Clark's jewels. They, like the rest of her possessions, had remained untouched for year, locked away in a bank vault and unworn. Christie's Rahul Kadakia called finding the hidden treasure remarkable. The collection then sold for more than $18 million, surpassing Christie's highest pre-sale estimate by $6 million.
What it proved, once again, is that it is difficult to put a price on provenance. How much are people going to be willing to pay over an item's estimated market worth just to say they owned something that was once the property of a specific person? And how much does an intriguing life add to this value?
Clark lived to be 104, the last surviving heiress from the Gilded Age with mansions in Connecticut and California in addition to her apartments in New York. Yet she voluntarily chose to live the last 20 years of her life in a room in New York’s Beth Israel Medical Center, and it seems no one will fully understand the reasons behind her decision.
The sale of the mysterious heiress’ rare books, artwork, antique furniture and other objects garnered $8.5 million. Interestingly, almost exactly half of the sale’s total, $4.3 million, was paid for one object, a painting by John Singer Sargent called Girl Fishing, signed by the artist in 1913.
[caption id="attachment_2395" align="aligncenter" width="600"]
The next highest-grossing lot in the sale didn’t even come close to fetching what Girl Fishing garnered.
It was a painting by William Merritt Chase called A Water Fountain in Prospect Park, which sold for $461,000. The sale’s third highest-grossing lot (be still my nerdy, book-loving heart) was a copy of Walt Whitman’s Leaves of Grass, printed for the poet in Brooklyn in 1855. The book went for $305,000, more than double its highest pre-sale estimate.
[caption id="attachment_2396" align="aligncenter" width="600"]
A complete list of results from Christie’s “The Clark Family Treasures” sale is available on Christies.com.
Those who want to learn more about the life of this mysterious and reclusive woman can read Empty Mansions and/or The Phantom of Fifth Avenue, two recently published books about Clark’s life and death.
For those who don’t love books as much as I do, don’t despair. Writer-director Ryan Murphy, the creator of Glee, reportedly has optioned the rights to Empty Mansions for a movie.
The Latest

The “Vault” charm, our Piece of the Week, expands on the memories that can be stored in a locket by connecting to your phone.

The open-to-the-public luxury jewelry and timepiece show, in its second year, is slated for July 23-26.

Gain access to the most exclusive and coveted antique pieces from trusted dealers during Las Vegas Jewelry Week.

The jeweler’s Mother’s Day campaign highlights the women who work there—mothers, grandmothers, women who want to be mothers, and dog moms.


Sponsored by Jewelers Mutual

The proposed agreement follows the moissanite maker’s Chapter 11 bankruptcy protection filing last month.

Gain access to the most exclusive and coveted antique pieces from trusted dealers during Las Vegas Jewelry Week.

The Patek Philippe for Tiffany & Co. timepiece Astor brought aboard the ill-fated ship sold for double its estimate at a Freeman’s auction.

The “Dalí’s Garden” collection was inspired by a surreal dream Neeley had after cooking a recipe from Salvador Dalí’s 1973 cookbook.

Natalie Feanny has been appointed to the role.

The pair falsely claimed their jewelry was made by Navajo artists, but it was imported from Vietnam.

Julien’s Auctions is selling the musician’s fine and fashion jewelry alongside her clothing, gold records, and other memorabilia.

Rachel King’s book dives into the history of the pendant believed to have belonged to Henry VIII and his first wife, Katherine of Aragon.

The company will have deals on precious metals testers as well as the latest in lab-grown diamond detection technology and security.

Gabrielle “Coco” Chanel is a character in the “Coco Game” collection of watches and the queen in its first haute horlogerie chessboard.

The annual list honors rising professionals on the retail and supply sides of the jewelry industry.

Seized in Kentucky, the packages include fake Cartier, Tiffany & Co., Chanel, and Fendi jewelry.

Rodolfo Lopez-Portillo faces 25 years to life in prison after being found guilty in the March 2022 beating death of Arasb Shoughi.

“Jewelry Creators: Dynamic Duos and Generational Gems” highlights the relationships among 22 influential designers, brands, and gem dealers.

The AJS Spring 2027 show will be held in Savannah, Georgia, with future shows taking place in other Southeast cities.

The jewelry retailer plans to open 20 new stores this year and expand into new product categories.

Flower motifs are the jewelry trend blooming amongst the new collections that debuted this spring.

The retailer reported an 8 percent decline in annual sales as it struggles under the weight of billions of dollars of debt.

The “Devil” drop earrings, our Piece of the Week, are part of designer Edina Kiss’ new namesake jewelry line that she will show at Couture.

The alert states that burglary crews are targeting jewelry businesses and details how jewelers and refineries can protect themselves.

The “watchmaker of shapes” debuted the reworked version of the vintage sports car-inspired timepiece at Watches & Wonders.





















