In a recent Hong Kong jewelry auction, there has been a noticeable shift in the tastes of jewelry collectors. Although there were a variety of pieces offered ranging from celebrity inspired pieces to actual jewelry worn in actual films, the star power had almost no effect on the price of these sometimes interesting collectables.
At the top lot of the auction was a wonderful pair of jadeite bangles, which sold for $6.9 million to an Asian private buyer. Overall, when the dust cleared, the auction totaled $36.9 million and 79 percent was sold by value.
This ruby and diamond necklace (above) sold for $3.2 million, while a jadeite and diamond suite, consisting of a necklace, earrings and a ring (below), realized $2.4 million.
All top 10 lots of the auction, which were largely jadeite and diamond pieces, were sold to Asian private buyers.
“Nowadays, jewelry collectors have much wider interests,” said Ellen Sin, director of Tiancheng’s jewelry department. “Besides the conventional top jadeites and diamonds, colored gemstones like natural rubies and emeralds have been sought after and drawn increasing attention … We will continue our perseverance in bringing more unique jewelry in line with market tastes from all over the world to collectors.”
The much anticipated and recently released Great Gatsby film has had much of its fans drooling over the magnificent jewelry pieces worn by its stars. Amazingly enough, the jewelry worn in the film is based on designs from the coveted Tiffany & Co. Archives. The style of Daisy Buchanan, played by Carey Mulligan, was a wonderful representation of the glitz, glamour, and rebellion of the Roaring Twenties. Throughout the film she wore tassel necklaces and jewels with conch pearls. At lavish parties her blonde bob was accessorized with the Savoy, a headdress of diamonds and cultured pearls, and her hands were adorned with a daisy ornament and diamond rings with the renowned Tiffany setting.
“This exuberant, very decorative style [of the 1920’s] constantly comes back as a key point to designers,” Catherine Martin, costume designer of The Great Gatsby, said recently in an interview.
The leading lady isn’t the only one with dazzling accessories. Jay Gatsby, played by Leonardo DiCaprio, accessories his custom Brooks Brothers shirts with 18k gold oval cuff links. A sterling silver flask which fits easily in the pockets of his tailored linen suits and tuxedo.
The jewelry throughout this film symbolized the story’s themes of wealth and privilege. The makers were instrumental in approaching its design with the utmost care carefully keeping style and luxury in mind. Some of the pieces from the film are featured just below. Enjoy!
The Savoy (photos courtesy of Tiffany & Co. from The Great Gatsby collection)
Earrings of conch pearls and diamonds in platinum
Necklace with a 49.59 ct. emerald-cut aquamarine, diamonds, and platinum, and earrings of emerald-cut aquamarines, diamonds, and platinum
Ring with a cushion-cut black onyx, diamonds, and platinum
Today’s post is primarily focused on the increasing use of silver in fine jewelry. My assumption for this newly trending phenomenon is due to the high and constantly fluctuating price of gold. Although in the past the inclusion of precious stones such as diamonds, rubies, and the like into silver jewelry were not always looked upon favorably, there are many well known silver jewelers and designers who are gaining much needed momentum from this new and growing fad.
One in particular is silver jewelry designer Cynthia Gale who recently celebrated the rebranding of her company and the launch of a new website at a party held at her Manhattan showroom. Gale’s company, formerly known as GeoArt by Cynthia Gale, through strategic re-branding is now Cynthia Gale Jewelry with a beautifully redesigned website, which has duel functions of both wholesale and e-commerce. Through a sneak peek into her site, I must say there are some very beautifully designed pieces well worth checking out.
Although she is not the only designer or jeweler that is involved in properly positioning herself to take advantage of this silver revolution, in future upcoming posts, I will feature more designers which do.
Today’s post is primarily centered around one of the many “elite” organizations that some may view as the propeller’s of the jewelry industry. As with many secret/ invite only organizations, image and status are usually the primary factors which ultimately determine membership. Today we will discuss the infamous “24 Karat Club” their vague history and contributions to the industry.
The 24 Karat Club is an elite, invitation only membership organization which seeks to forward the growth of the jewelry industry. This club offers an impressive list of scholarship opportunities awarded annually to deserving jewelry industry recipients throughout each of their individual chapters in the United States.
The 24 Karat Club schedules its meetings, events and functions to run concurrently with other jewelry shows which are held every year. Their members serve as volunteers on various committees to promote the efforts of the organization.
Although there are objects of skepticism that surround organizations with with secret natures, the fact that this is 1930’s club has such a vague nature usually sends anyone’s mind running for answers. As positive an image it may portray, we must always remember that everything that glitters isn’t necessarily gold.
Every now and again, I like to feature well known industry jewelers that never loose a love for the art of jewelry. Today’s featured jeweler is Oscar Heyman, for those who don’t know who they are Ive taken the liberty of writing a brief history of the group of brothers and how they came about from their humble beginnings. Followed by images of some of their most magnificent pieces which I personally find appealing.
Oscar Heyman’s humble beginnings started with their founding brothers who were trained in the rigorous workshops of one of the industry leaders at the time of Fabergé. Prior to leaving Eastern Europe for New York in 1906 they dreamt of a life of great insurmountable success. Just a few years later three brothers, Nathan, Oscar and Harry got together and started in 1912, what is known a great jewelry company Oscar Heyman. Equipped with their ratified skills, abiding passion for gemstones and an old world approach to gracious customer service, their course was set for them to succeed as a team.
As it has always been, the Heyman Family has run their company flawlessly for three generations, with each generation imparting centuries old skills and technical know-how to the next. Today, members of the second and third generation work side by side with dedicated and skilled employees who continue to create jewelry of the highest standards for connoisseurs, celebrities, and dignitaries around the globe. With such a high standard for their craft, its not wonder that they will continue to provide breath taking jewelry for the twenty-first century and beyond.
Although to many a Hublot may be a new watch, it is a brand that has been around for over 30 years. As it gains recognition from the likes of multimillionaires and stars such as Jay-Z and its newly made ambassador Kobe Bryant, the traction it rightly deserves for its Swiss craftsmanship is quickly starting to grow. In an effort to celebrate many milestones it has over come this past Thursday night, the Swiss watchmaker held an exclusive party on the rooftop of The Betsy South Beach Hotel in Miami to mark the launch of the King Power “Arturo Fuente” collector’s timepiece series.
The week prior to that, the brand celebrated it’s signing of NBA star Kobe Bryant as its new ambassador at another spectacular rooftop bash at The London Hotel in West Hollywood.
The King Power Arturo Fuente series came about in an effort for Hublot to mark and celebrate the 100th anniversary of the cigar brand of the same name. The custom timepiece, which comes in a humidor with 25 cigars including the rare Opus X, has a HUB4100 movement with a 42-hour power reserve and is available in ceramic or 18-karat “King” gold.
Hublot is making only a few hundred of the cigar watches, and they range in price from $20,000 to $40,000 depending on the model.
Coupled with a very innovative CEO Ricardo Guadalupe and a slew of very well known brand ambassadors such as Kobe Bryant, the Swiss Luxury Watch Brand to make a lot of waves in the industry which may eventually bump some of the well known number one’s of the top watch to have for 2013 list.
Recently the discount warehouse chain Costco got something from Tiffany for Valentine’s Day: in the form of a lawsuit which claims that it sold diamond engagement rings falsely marketed in stores using the jeweler’s name.
The lawsuit, filed on Thursday in Federal District Court in Manhattan, says a shopper complained to Tiffany late last year “that she was disappointed to observe that Costco was offering for sale what were promoted on in-store signs as Tiffany diamond engagement rings.”
After some investigation into the matter, the lawsuit affirmed that Tiffany investigators found that Costco sales personnel were referring to the rings as “Tiffany rings'”. The suit says, “Tiffany has never sold nor would it ever sell its fine jewelry through an off-price warehouse retailer like Costco.”
As a result, the suit says, there are “hundreds if not thousands of people who mistakenly believe they purchased and own a Tiffany engagement ring from Costco.”
Costco public relations personnel said it had no comment.
The lawsuit says Costco stopped marketing Tiffany rings after the jeweler approached it last year.
Tiffany asked for all profits made from selling the rings, and for damages that take into account the value of the Tiffany brand in bolstering Costco’s business and gilding a move by the retailer to sell discounted luxury goods.
Luxury brands as a common practice, often sue in order to preserve their stature and prevent imitators. Prior to the Tiffany scandal, Costco took a previous fight with the Swatch Group all the way to the he United States Supreme Court over the right to sell Omega watches.
Although this is not the first time nor the last time that a company such as Costco will commit such a grave error, it is somewhat common practice in this industry for imitators to go through such lengths.