Luxury Goods News

The latest luxury goods stories, each synthesized from multiple sources with added background and context.

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"Rare Blue Diamond Expected to Fetch $50 Million at Auction"
luxury-goods2 years ago

"Rare Blue Diamond Expected to Fetch $50 Million at Auction"

A rare internally flawless fancy vivid blue diamond, known as "Bleu Royal," is set to be auctioned by Christie's in Geneva on November 7, with an estimated price of up to $50 million. The 17.6-carat diamond is the largest of its kind and has garnered significant interest from collectors worldwide. In a separate online auction, Christie's will also offer a pearl necklace worn by Audrey Hepburn in the movie "Roman Holiday" and a Rolex wristwatch engraved by Marlon Brando, both expected to attract high bids.

"China's Last Emperor's Watch Sells for Record $6.2 Million in Auction"
luxury-goods3 years ago

"China's Last Emperor's Watch Sells for Record $6.2 Million in Auction"

A Patek Philippe watch that belonged to China's last emperor, Aisin-Gioro Puyi, has sold for a record $6.2 million at a live auction in Hong Kong. The rare timepiece was sold to an Asian collector after six minutes of bidding. The auction house, Phillips, said it was a record for a wristwatch previously owned by an emperor as well as for the Patek Philippe Reference 96 Quantieme Lune, of which there are only eight known to exist.

luxury-goods3 years ago

Heidi Horten's Jewelry Collection Poised to Break Auction Records.

The jewelry collection of late Austrian billionaire Heidi Horton, which includes over 700 pieces, is expected to fetch more than $150 million in total at a series of auctions in May and November, potentially breaking the record set by Elizabeth Taylor's collection in 2011. The pieces include a 90-carat diamond necklace by Harry Winston and items from luxury brands such as Cartier, Bulgari, Tiffany, and Van Cleef & Arpels. The proceeds will go to The Heidi Horten Foundation, which supports medical research, child welfare, and other causes.

Rare Pink Diamond Expected to Fetch $35 Million at Auction
luxury-goods3 years ago

Rare Pink Diamond Expected to Fetch $35 Million at Auction

The Eternal Pink Diamond, a 10.57-carat diamond categorized as "Fancy Vivid Purplish Pink," is expected to fetch more than $35 million at Sotheby's Magnificent Jewels auction on June 8 in New York. The diamond is internally flawless and is considered one of the rarest diamonds in the world, with a color that is "the most beautiful and concentrated shade of pink in diamonds that I have ever seen," according to Sotheby's. The diamond's estimated price per carat is $3.3 million, the highest price per carat of any diamond or gem prior to its sale, giving it a chance to challenge the current price-per-carat record.