The nearly 17-carat stone made history for the color-change gem that, according to the auction house, is experiencing a “notable surge” in the market.
Which Jewelry Brand Has the Highest Resale Value?
The RealReal’s No. 1 reseller for the second year in a row sells for 74 percent of its original value.
New York—Pre-owned online consignment site The RealReal has released its annual list of brands that boasted the highest resale value in 2018.
For the second year in a row, Van Cleef & Arpels came in at the top spot, with a 74 percent resale value—a 5 percent increase from last year. The RealReal said the brand’s signature “Alhambra” motif is a top draw for its customers.
Cartier also sold for 74 percent of its original price tag on average, with the “Juste un Clou” bracelet performing particularly well.
Meanwhile, an independent designer proved that she can compete with the storied jewelry maisons; Anita Ko sold for an impressive 69 percent of its original price.
In the watches category, Rolex, Patek Philippe and Panerai had the top resale values for the year.
Rolex occupied the No. 1 spot, with its figures increasing 14 percent year-over-year. Patek Philippe saw an 8 percent year-over-year increase, while Panerai’s resale value increased 11 percent compared with 2017, selling at 60 percent of its original value on average.
“Our unique data speaks to the longevity of top designers, and is a touchstone for shifts in consumer behavior,” The RealReal Chief Merchant Rati Levesque said. “Gifting heritage and meticulously crafted luxury goods is what extending the life cycle of luxury is all about and ultimately lets everyone participate in the circular economy.”
The RealReal also noted the brands that were in decline in the jewelry and watches category.
Chopard’s resale value dropped by 12 percent compared with last year, while Judith Ripka and Cathy Waterman saw their values decline by 4 percent.
For watches, Ebel dropped 17 percent, Chanel 16 percent and Raymond Weil 7 percent.
For the full report, visit TheRealReal.com.
The Latest
More than a century after survivors gifted a Tiffany timepiece to the captain of the ship that rescued them, the jeweler has reclaimed it.
Feldman reflected on 45 years in the jewelry industry and clarified that it’s not a total retirement.
‘Forever Present’ campaign revives the iconic A Diamond is Forever tagline and celebrates the diamond dream.
The luxury brand is being honored for excellence in high jewelry design in its “Haute Joaillerie Sport” collection.
Circelli was a pioneer in the world of TV shopping who is remembered for his passion for gemstones and his big personality.
The nearly 6-carat stone headlined the recent jewelry auction, which also featured Mica Ertegun’s jewelry.
For over a century, Jewelers of America has been the voice of the industry and valuable resource to jewelers across the country.
The three men, who got their nickname because they’d toss the jewelry they stole into black plastic bins, were arrested back in August.
“The History of Diamond Engagement Rings: A True Romance” is a 128-page small-format book containing more than 165 images.
Gearys opened a 6,200-square-foot Rolex store with a design that pays homage to the brand’s connection to the ocean.
The diamond cut grade is now available for marquise- and pear-shaped diamonds.
DDG said the honorees’ business practices embody a commitment to positive social impact, industry innovation, and community empowerment.
Estimates on the size and value of the solitaire diamond, which is mounted on a diamond pavé-set yellow gold band, vary.
These half-moon tanzanite earrings totaling 25 carats are part of a special trunk show taking place this weekend in Dallas.
The National Jeweler editors recap the top news, the best jewels, and their favorite stories of the year.
The highest-grossing lot of the sale was the retired QB’s Rolex Paul Newman Daytona “John Player Special.”
Recent expansion initiatives at the Zambian emerald mine have shown strong production numbers, said Grizzly founder Abdoulaye Ndiaye.
Carrie Forman joins the brand to guide it into the next phase of growth with major and independent retailers in the U.S. and abroad.
The competition awarded 12 designers, each from a country where De Beers recovers diamonds, with business support and tuition assistance.
The high jewelry collection features 14 one-of-a-kind pieces, with serpent and ribbon motifs winding their way through the collection.
A federal judge gave Benjamin Preacher 59 days in jail, plus 10 months of home confinement and two years of supervised release.
In a CNBC interview, CEO Tehmasp Printer discussed the IPO in India and what declining lab-grown diamond prices mean for the company.
The offering included vintage Rolexes, timepieces worn in “Titanic,” Steve McQueen's watch, and a special Citizen pocket watch.
The 13-piece “Stephanie Gottlieb x Studs” collection is the piercing studio’s first fine jewelry offering to feature the gemstone.
The Brazilian jewelry brand made a home on New York City’s Madison Avenue with exclusive pieces only available at the location.
An Adobe Analytics report explored the rise in mobile shopping, the popularity of Buy Now Pay Later options, and peak shopping hours.