Rising revenue does not automatically mean a healthy business, particularly in the current economic landscape, Smith writes.
Joan Rivers’ Private Collection Goes for Over $2M
High points from Christie’s sale of the late comedian’s possessions include Faberge objets d’art and a Tiffany & Co. dog bowl.

New York--The Private Collection of Joan Rivers garnered $2.2 million at Christie’s Wednesday, and that’s not even counting the online component.
The live auction featured 217 lots, all of which sold, most within or above their estimated range.
Rivers was a Fabergé collector and the house’s objets d’art and jewelry were highlights of the live auction.
A Rococo-style jeweled gold-mounted nephrite photograph frame marked Fabergé, Moscow, circa 1898, was estimated to sell for between $40,000 and $60,000 but was purchased for $245,000, making it the highest-priced item of the sale.
A silver topped, gold-mounted star sapphire and diamond pendant brooch by Fabergé, with the workmaster’s mark of August Holstrom, St. Petersburg, 1899-1903, fell within its estimate range when it sold for $70,000.
Jewelry by Asprey, Chopard, Van Cleef & Arpels, Bulgari, Cartier and David Webb showcased Rivers’ penchant for brand-name luxury, while a silver Tiffany & Co. dog bowl, engraved with the name of Rivers’ late pet Spike, gave a glimpse into the comedian’s personal life.
Rivers was a fervent dog lover and owned four at the time of her death. Some of the auction’s proceeds will go toward Guide Dogs for the Blind, as well as God’s Love We Deliver.
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