RAPAPORT… Proceeds from Heritage Auctions’ jewelry events jumped by more than half in 2021, the company reported following a strong final auction of the year.
Its Holiday Jewelry Signature Auction, which took place earlier this month, registered sales of $4.7 million, the Dallas, Texas-based company said recently. That brought sales for the category to more than $21 million since the start of 2021, a 52% increase versus 2019.
The leading item at the December 6 sale was a platinum ring featuring a round brilliant-cut, 5.93-carat, F-color, VVS2-clarity diamond surrounded by two diamonds with tapered-baguette cuts. The piece fetched $206,250, within its presale estimate of $175,000 to $225,000.
Meanwhile, a platinum Van Cleef & Arpels ring containing an oval-shaped, 21.56-carat sapphire and some smaller diamonds sold for $187,500. A radiant-cut, 16.52-carat, fancy-light-yellow, SI2-clarity diamond in a gold ring brought in $162,500.
Image: The ring featuring a 5.93-carat diamond. (Heritage Auctions)
Holiday Sale Drives Growth at Heritage Auctions
The Bottom Line
- Heritage Auctions' jewelry sales reached over $21 million in 2021, a 52% rise compared to 2019.
- The December 6 Holiday Jewelry Signature Auction generated $4.7 million in sales.
- Top sale included a platinum ring with a 5.93-carat, F-color, VVS2 diamond, selling for $206,250.
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