SOTHEBY’S DROPS THE HAMMER ON $117M FROM A LIFE OF LUXURY AUCTION SERIES
Sotheby’s “A Life of Luxury” auction series recently concluded in excess of estimates with $117M from 1,640 lots of fashion, jewelry and timepieces, wine and automobiles. The holiday auction was a culmination of this year’s launch of the house’s Luxury & Lifestyle Division which has showcased a dazzling array of rare pieces across categories and continents. Collectors and enthusiasts were particularly enthralled by the jewelry pieces – under the purview of Gary Schuler, Chairman of Sotheby’s Jewellery Division, Americas – that included highlights:
*a rare orangy pink 5.24 carat diamond of VS2 clarity, supported by clear diamonds on a ring estimated between $1.8M to $2.2M
*a magnificent sapphire and diamond Necklace and Bracelet combination by Harry Winston, set with seven emerald-cut sapphires weighing approximately 123.13 carats, estimated between $1M to $1.5M
*pair of ear clips set with round, marquise-shaped and square-cut diamonds holding detachable pear-shaped emeralds weighing approximately 8.90 and 8.95 carats, framed by round and marquise-shaped diamonds, estimated from $25,000 to $35,000
*stunning rectangular bracelet watch by Chopard circa 2006 set in white gold and diamonds, originally estimated between $100,000 to $150,000 and Sold for $162,500
Equally noteworthy was the Michael Schumacher-driven Formula One racing car, Ferrari F2001 that won in Monaco, sold for $7,504,000. Connor Kriegel, head of auction sales for Sotheby’s Wine New York, reported that fine wines fetched $2.6M, citing enthusiasm for the Domaine de la Romanée-Conti and Armand Rousseau burgundy, magnums of Domaine Roulot’s 2008 Merusault Clos de Mon Plaisir, double magnums of 2007 Volnay Clos des Ducs from Marquis d’Angerville and magnums of 1979 Hermitage from Jean-Louis Chave.
Established in 1774 on New Bond Street, London, Sotheby’s is a leader in the auction market having earned a sterling reputation for its authentic knowledge of valuable items and worldwide reach. Its international network of 90 offices in 40 countries affords it access to countless rare pieces with auctions held in ten different salesrooms including New York, London, Hong Kong and Paris. And it continues to move ahead of the times conducting privates sales, selling exhibitions, retail diamonds and wine, as well as providing financing and art advisory services, and robust digital entertainment that collectors can find anytime, anywhere, and on any device.
Images courtesy of Sotheby’s