Online bids drive luxury auction sales for Christie’s London

Christies

Christie’s London concluded its Summer Luxury Sales with a combined sale total for handbags, wine and jewels of over £10m.

Of the 886 lots offered across the three auctions, 345 lots (44%) sold or were directly underbid by online clients – with jewellery making the highest profit (coming in at over £6m), while wine and handbags tipped £2m.

The highest sale of the jewellery lot was a rectangular 10.23 carat Colombian emerald and diamond ring by Harry Winston, which sold for £377,000.

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Following the Summer Luxury Sale Keith Penton, head of Christie’s Jewels department London comments: “The Victorian diamond star parure demonstrated yet again that jewels fresh to the market with noble provenance make for a winning combination, illustrating yet again London’s traditional association with the sale of important antique jewels. This comprehensive suite was one of the most fiercely contested pieces in the sale and fetched three times its mid-estimate at £317,000 / $404,175.”

“Furthermore, the dedicated Cartier section (lots 140-190, as always, performed very well. The auction, which concluded the London Luxury summer sales saw the highest number of registrants in a Jewellery auction taking place at Christie’s King Street” he added.

Those registered to bid came from 25 countries and participated in person, by telephone and strongly via online in the three auctions.

 

The preview prior to the sales was particularly well attended and in combination with events taking place for the upcoming Modern British Art auction, made London an interesting destination for collectors to browse through different collecting areas.

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