The decline was consistent across age groups and almost all income groups, with tariffs and inflation still top of mind.
Diamond lots to top Christie’s October sale
A necklace set with a 81.38-carat rectangular-cut potentially internally flawless diamond is expected to sell for as much as $3.5 million at Christie’s later this month in an auction that will include an online-only portion.
Christie’s sale of “Important Jewels,” set for Oct. 22 in New York, includes “Brilliant Jewels,” an online-only sale scheduled to take place Oct. 14 to 28 on the auction house’s website.
The 350-lot sale on Oct. 22 is expected to achieve more than $30 million. Colored and colorless diamonds as well as rare gemstones and signed jewels are projected to lead the sale. Additional information can be found on Christie’s website.
RELATED CONTENT: Christie’s announces record half-year results
The opening of the fall sale season follows a strong first half of the year for the auction house. Christie’s international jewelry department recorded its highest-ever half-year result through the first six months of the year, with sales totaling $362 million and eight new world auction records set.
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