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Christie’s breaks sales records
Overall sales increases by 34 percent
By: Diamond World News Service
Jul 18 2008 6:39PM
Reference: 2848  


Christie’s has reported an overall sales increase in its offerings for the first six months of 2008, the increase being 34 percent. The company sells jewellery, jadeite and watches, which amounted to $275 million in the said six months.

Its auction sales during these six months, worldwide have created some feats in themselves. The June sale in London of ‘Magnificent Jewels’ realised $29.4 million, the highest for any such auction in Britain, while its Hong Kong sale of the ‘Magnificent Jewels’ in May totalled $60.1 million – the most valuable jewellery sale ever by Christie’s worldwide in which the largest diamond ever to be sold in Asia: a 101.27 carat F, VVS1 diamond was bought for $6.2 million.

In April, Christie’s New York sale delivered $49.9 million – accounted as the most valuable jewellery auction ever in the US.

Christie’s has completed 40 years in Switzerland, wherein sales in Geneva increased by 70 percent as compared to the first six months of last year. Here jewellery sales were strong realising to $57 million.

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