result

Golden year for Gismondi 1754




A year to frame that of Gismondi 1754, a Genoese jewelery company listed on the Euronext Growth Milan market of the Italian Stock Exchange. The company recorded a double-digit trend in 2021, as can be seen from the 2021 financial statements (drawn up in accordance with the IFRS international accounting standards, that is, respecting international accounting rules). One figure summarizes the meaning of an out of the ordinary year: the value of production was 9.96 million euros, up 47% compared to the 6.79 million of the previous year, even if 2020 was a year conditioned by the pandemic.

Alta gioielleria Gismondi 1754, collana in oro rosa e diamanti bianchi e fancy
Alta gioielleria Gismondi 1754, collana in oro rosa e diamanti bianchi e fancy

We close the year with strong growth and with great enthusiasm we are projecting ourselves towards the objectives that will see us as protagonists in the coming months. We are facing extraordinary results, despite the fact that the context, between Covid and the international situation, was not the easiest to deal with. We are aware of the global difficulties and will continue to work with great attention, but we are equally convinced of the affirmation of the brand globally. All sales channels have performed and contributed positively to the achievement of these data and we cultivate a rational optimism that 2022 can also be characterized by growth and expansion in strategic markets where we are already present.
Massimo Gismondi, CEO of Gismondi 1754

Massimo Gismondi
Massimo Gismondi. Copyright: gioiellis.com

The result was driven by the growth of the Wholesale channel, both at European level (+1.9 million euros compared to 2020) and in the United States (+1 million compared to 2020), but also by special sales, the “tailor-made” of the brand, which close 2021 up by 16%, with sales of almost 4 million. The only channel showing a slight decline was the Wholesale channel in the Middle East, waiting for new orders to restart at full capacity.
Collan ain oro rosa e zaffiro rosa Clip Mia
Collan ain oro rosa e zaffiro rosa Clip Mia

The financial statements include a consolidated Ebitda at 31 December 2021 growing to almost 1 million euro (+ 39%), stable at 10% due to huge investments in advertising, marketing and communication, for which the relative returns are expected in 2022. L ‘last line of the income statement shows a consolidated net profit of 351,280 euros, compared to 223,252 euros in 2020.

At the balance sheet level, the consolidated net is 9.21 million, an increase compared to the 8.87 of the previous year. The company, the note specifies, enjoys an excellent financial equilibrium since its own sources are five times what the fixed capital is, just as the consolidated sources are four times what the fixed capital is.

Collezione Dedalo, bracciale in oro rosa, diamanti e ceramica bianca
Collezione Dedalo, bracciale in oro rosa, diamanti e ceramica bianca

Gismondi 1754 also adds a sore point, which concerns the difficult management forecast for 2022, marked by the substantial closure of the Russian market. Situation “made extremely difficult by the exceptional nature of the events that characterize the current context, of which the Russian-Ukrainian conflict represents a new strong element of instability at the geopolitical, economic and financial markets”. Despite this, “the excellent performance of the months of January, February and March, with strong growth compared to the first quarter of 2021, bodes well for the 2022 trend”. The company also envisages “the continuation of the expansion policy in the various channels, with particular attention to the American market, which is in great expansion, to that of the United Kingdom and to the Gulf area, which has already given the first flattering results already in 2021 and in the first quarter of 2022. The opening of the new directly managed shop in Rome, inside the Regina Baglioni Hotel in Via Veneto, is also expected, following the framework agreement with the well-known hotel chain. Also with Baglioni, the opening of a new directly managed store in Milan is planned “.
Orecchini in oro rosa, smeraldi e zaffiri rosa
Orecchini in oro rosa, smeraldi e zaffiri rosa







Bulgari at the top with Aste Bolaffi

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A 13.70 carat diamond ring by Bulgari at the top in the sale of Aste Bolaffi ♦ ︎

Overall result of 1.2 million euros, including fees, and 85% of lots sold. This is the budget of the jewelery auction that took place in Milan and signed Aste Bolaffi. Room packed with participants who battled with dozens of collectors connected from all over the world on the site of Aste Bolaffi and on the phone. The best awards came out for designer jewelry, in particular Bulgari and Cartier. All sold lots of diamonds, while antique jewelry doubled the auction bases. The top lot of the sale was the Bulgari ring with a round cut diamond of about 13.70 carats in original box, sold for 119,000 euros.

590C
Anello con diamante di 13,70 carati di Bulgari

Among the other best results we highlight the untreated Ceylon blue sapphire ring of 4 carats and diamonds, the 14-carat drop-cut diamond earrings in total (22,500 euros), the ancient late nineteenth century pendant with Colombian emerald of over 5 carats and diamonds (22,500 euros) and the pair of Old Mine cut diamonds of 4.20 and 3.40 carats respectively mounted on earrings (20,000 euros).

Anello in zaffiro blu Ceylon non trattato di 4 carati e diamanti
Anello in zaffiro blu Ceylon non trattato di 4 carati e diamanti

Finally, the rare Bulgari gas tube women’s watch with its special satin finish (18,750 euros) and the yellow gold Cartier slave bracelet formed by a panther theory with emerald eyes (17,500 euros) are very coveted.

On Monday, October 21, Ase Bolaffi made an encore with the sale of watches: 150 copies including Rolex, Patek Philippe, Omega, Longines, Eberhard and Universal Genève.

Orecchini in diamanti taglio goccia di 14 carati complessivi
Orecchini in diamanti taglio goccia di 14 carati complessivi
Antico pendente di fine Ottocento con smeraldo colombiano di oltre 5 carati e diamanti
Antico pendente di fine Ottocento con smeraldo colombiano di oltre 5 carati e diamanti
Bracciale-orologio in oro di Bulgari
Bracciale-orologio in oro di Bulgari
Cartier, bracciale in oro giallo alla schiava formato da una teoria di pantere con occhi in smeraldi
Cartier, bracciale in oro giallo alla schiava formato da una teoria di pantere con occhi in smeraldi







The evaluation of VicenzaOro September is …





The VicenzaOro September evaluation is positive, assures the organizing company, Ieg ♦ ︎

VicenzaOro September is over, but the evaluation, probably, will be better continue it also in the coming months. Of course, if you read about the vast majority of specialized newspapers, on almost all of the (low) information sites, not to mention the celebrated blogs, that is luxury hobbies paid by the companies that foolishly invest on it, you will always find the copy and paste of the company announcements. Don’t call it information, please. In this specific case, you will find the press release of Italian Exhibition Group, that luckily relied on the skillful and expert skills of Barabino & Partners, the company that also handles communication for VicenzaOro.

VicenzaOro September 2019
VicenzaOro September 2019

This long introduction serves to start the topic. Why do the great European fairs dedicated to jewelery (but the discussion could expand) experience a not very positive moment? Not to mention disastrous if you consider the former industry leader, Baselworld, struggling with an avalanche of cancellations. From this point of view, VicenzaOro is better than its Swiss rival. Better, but certainly not at the levels of the golden years. It would be enough to count the illustrious absentees, from great Maison like Pasquale Bruni or Chimento (now out of play for years), to small companies like Garavelli, to understand how beyond the official communications, often unnecessarily triumphalistic, VicenzaOro also is victim with a certain disaffection.
Gioielli esposti a VicenzaOro. Copyright: gioiellis.com
Gioielli esposti a VicenzaOro. Copyright: gioiellis.com

Let’s be clear: Ieg has nothing to do with it. Indeed, it is necessary to say thath society organizes the event as best as possible. The redesigned spaces, unlike what happened at Baselworld, did not give the idea of ​​a downsizing, which also occurred. And the pinwheel of side events have enriched the VicenzaOro September experience as always. The problem, in fact, is not linked to a managerial deficit. But in the end the true judgment is up to the participating companies, which go to a trade fair for business, not for tourism.
Il booth di Yoko London. Copyright: gioiellis.com
Il booth di Yoko London. Copyright: gioiellis.com

Ieg indicates in “about 1300 brands present” at VicenzaOro September, exactly like last year. Brands, not companies: the number of those who bought a space has been missing for some time.
On the other hand, the 10% growth of foreign operators, from 117 countries in the world, is an indisputable positive factor: a figure, explains Ieg, that is “in line with the already exceptionally positive trend of the last two editions and certifies the capacity of make a team” in the promotion and growth of an increasingly export-oriented sector. However, the real number on which it is based the percentage is missing.
Nel booth di Alessio Boschi. Copyright: gioiellis.com
Nel booth di Alessio Boschi. Copyright: gioiellis.com

Overall, the growth of foreign operators was driven by the Middle East (+ 23%), North America (+ 22%), Russia and Ukraine (+ 19%) and Asia (+ 18%) with a particular increase in Japan (+ 43%). Europe, which remains the largest number of operators in Vicenzaoro (weighing 59%), remained stable with particularly positive signals from Portugal (+ 51%), Romania (+ 28%) and Austria (+ 9%) . During the five days of the event, over 500 buyers were hosted in Vicenza from all over the world, thanks to the support of the Ministry of Economic Development through the Italian Trade Commission for Foreign Trade. Also with regard to Italian operators, no number was communicated.
Ingresso a VicenzaOro. Copyright: gioiellis.com
Ingresso a VicenzaOro. Copyright: gioiellis.com

In VicenzaOro was marked an agreement of IEG with Assocoral, the association of producers of Corals and Cameos, for the enhancement of the Campania district. And an agreement with Afemo, a goldsmith machinery manufacturers’ association, for the promotion of the sector was signed at the opening of VicenzaOro. We should also mention the encore of the T-Evolution area, the technological and innovative soul of the exhibition.
Nel booth di Roberto Demeglio. Copyright: gioiellis.com
Nel booth di Roberto Demeglio. Copyright: gioiellis.com







A egg of 13.8 million

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An oval diamond of over 88 carats sold by Sotheby’s for 13.8 million dollars in Hong Kong ♦ ︎

Big diamonds are forever, at least in auctions. The spectacular new confirmation comes from Hong Kong, where a spectacular oval brilliant diamond of 88.22 carats, D Color, Flawless, Type IIa, perfect according to every critical criterion, was sold at the Magnificent Jewels auction for 13,8 millions dollars, or 12.3 million euros. The diamond was one of only three oval diamonds of over 50 carats auctioned, and the largest for over five years. It was bought by a private Japanese collector, who admired it when the stone was on display in Japan, in the usual road show that precedes sales of this type.

Il diamante ovale di 88,22 carati, D Color, Flawless, Tipo IIa
Il diamante ovale di 88,22 carati, D Color, Flawless, Tipo IIa

After paying a similar sum, the collector took the satisfaction of baptizing the diamond, now called Manami Star. Manami is the name of the eldest daughter.

The diamond was contested by three bidders and started with a valuation between 11.2 and 12.7 million dollars, which it exceeded. The price per carat is $ 156,150.

We were thrilled to handle a diamond of such rarity, which now takes its place in the roster of top white diamonds to have come to the market here at Sotheby’s Asia. Three clients from the region competed for the stone – testament to the strong demand for diamonds of this quality in this part of the world. At 88.22 carats, this lucky stone now carries the name of the fortunate child whose father has chosen to give it her name. A happy moment in the journey of one of the earth’s greatest, oldest treasures.
Patti Wong, president of Sotheby’s in Asia

Il diamante battuto da Sotheby's per 13,8 milioni di dollari
Il diamante battuto da Sotheby’s per 13,8 milioni di dollari

Perfect according to each critical criterion, the diamond has reached the highest rankings based on each of the standards with which the quality of a stone (the four Cs) is judged. The diamond is the color D (the highest grade for a white diamond); of exceptional clarity (it is completely flawless, both internally and externally), and has an excellent gloss and symmetry. As with the Koh-i-noor diamond (also oval) and the Cullinan I, which are part of the British Crown Jewels, the stone belongs to the rare sub-group which includes less than 2% of all gemmed diamonds, known as Type IIa . The diamonds of this group are the most chemically pure type of diamond and often have an exceptional optical transparency.

Il diamante è stato uno dei soli tre diamanti ovali di oltre 50 carati messi all’asta
Il diamante è stato uno dei soli tre diamanti ovali di oltre 50 carati messi all’asta

Finding a rough diamond that allows those who cut it to shape a stone over 80 carats is very rare. The 242-carat rough stone that produced the diamond was discovered in Botswana in the Jwaneng mine, a mine owned by De Beers and the Botswana government, known for the production of high quality raw materials. After its discovery, the rough diamond was cut and polished for months. Given the elongated shape of the rough stone, the oval shape was chosen to preserve the greatest amount of weight. A great skill and precision was needed to cut a stone of this importance: a level of experience and mastery possessed by only a small handful of cutters from all over the world.

Anello con zaffiro e diamanti
Anello con zaffiro e diamanti

In the same auction, a ring with sapphire and diamonds was sold for 2.4 million dollars, another ring with pear-cut diamond and pink diamonds was sold for 1.7 million, while a necklace of diamonds and emeralds by Van Cleef & Arpels found a buyer for $ 1.1 million. Also noteworthy is a pair of diamond and sapphire earrings, also worth over a million US dollars, as well as an emerald and diamond ring. Federico Graglia





Anello con diamante bianco taglio a pera e diamanti rosa
Anello con diamante bianco taglio a pera e diamanti rosa

Collana con smeraldi e e diamanti di Van Cleef e Arpels. È stata progettato con tre file di diamanti a taglio brillante graduati, sul davanti un set con cinque smeraldi a taglio vivo del peso di 31,74 carati in totale, a cui è sospesa una frangia di diamanti a forma di pera graduati, i diamanti hanno un peso totale di circa 88.00 carati. La montatura è in platino e oro giallo 18 carati
Collana con smeraldi e e diamanti di Van Cleef e Arpels. È stata progettato con tre file di diamanti a taglio brillante graduati, sul davanti un set con cinque smeraldi a taglio vivo del peso di 31,74 carati in totale, a cui è sospesa una frangia di diamanti a forma di pera graduati, i diamanti hanno un peso totale di circa 88.00 carati. La montatura è in platino e oro giallo 18 carati

L'asta di Sotheby's a Hong Kong
L’asta di Sotheby’s a Hong Kong







Baselworld, the numbers of uncertainty





Baselworld closed with a predictable drop in attendance. But next year it changes and raises. Meanwhile gioiellis.com conducted a survey. The result is… ♦︎

Baselworld: beginning of the end or beginning of a new beginning? Judging by the numbers, the 2019 budget could indicate the first hypothesis. But the words of Michel Loris-Melikoff, director of the fair dedicated to watches and jewelery, point towards the second direction. One thing is certain: the next edition of Baselworld will be decisive. Taking over from Sylvie Ritter, Loris-Melikoff managed a transitional Baselworld in nine months. But the decisive test will be that of 2020.
And it won’t be easy: the survey on the field of gioiellis.com sees disgruntled operators prevail. But even this was predictable.

Baselworld 2019. Copyright gioiellis.com
Baselworld 2019. Copyright gioiellis.com

The numbers of Baselworld

The numbers of Baselworld 2019 are merciless: 520 exhibitors (-20%, and a few years ago were almost 2,000), visitors 81,200 (-22%). A lower decrease, however, for journalists: 3,300 (-12%). It is clear that a further contraction could be the thank-you for a fair that is at a loss, as admitted by the organizing company itself. Also because companies that have been the cornerstones, like the Swatch Group, which has brands like Omega, Longines or Blancpain, have already said that they do not plan to return to Basel. And great jewelery houses like de Grisogono and Pasquale Bruni, have decided to follow other communication strategies.

Visitatori a Baselworld 2019. Copyright gioiellis.com
Visitatori a Baselworld 2019. Copyright gioiellis.com

The world changes

Let’s be clear: the main criticisms of companies to the company that organizes Baselworld, Mch Group, are the high costs associated with the exhibition aspect. But the crisis of the Swiss fair cannot be attributed to this alone. There are aspects that Baselworld is not responsible for: the overwhelming transformation of the economy following digitization, for example. Internet, with websites, e-commerce, Instagram, is a simple way for companies to get in touch with their references, buyers and end customers. Geopolitical tensions, such as the war between the US and China, the Brexit, the wars in the Middle East, do not depend on Baselworld, but affect the strategies of companies, even those of jewelry. In short, the market has changed in just a few years. And we must learn to accept the new reality.

Il booth di Jacob & Co. Copyright-gioiellis.com
Il booth di Jacob & Co. Copyright-gioiellis.com

Melikoff-Megaloff

How will Baselworld react to all this? Loris-Melikoff explained at the final press conference. His is a vision of great breadth, so much so that with a play on words someone started jokingly to call him Megaloff. If he succeeds, though, Loris-Melikoff will have had the merit of reviving an event that has a dangerous high fever.

Michel Loris-Melikoff
Michel Loris-Melikoff

Digital platform

As mentioned, the internet (and gioiellis.com is a perfect testimony), is a great sea in which to fish content, even commercial. This is why management wants to transform Baselworld into a digital communication platform that serves to interact with dealers, collectors and journalists throughout the year. In short, a perennial Baselworld, which is added to the week of the fair. A service, via app, of e-concierge for the week of the fair will also be introduced.

L'area Media a Baselworld 2019
L’area Media a Baselworld 2019

Hall 2 returns

Next year the new layout will be repeated, with the expansion of the catering offer and a wider multimedia center, the stage for presentations and fashion shows, as well as a better hospitality program in agreement with hotels in Basel. Objective: to convince them to lower prices. Not only: Hall 2 will be restored, which remained closed this year. It will also host a section dedicated to smartwatches: a market segment that Baselworld can no longer afford to ignore.

Prices

The most criticized aspect by companies is the excessive cost of booths. Loris-Melikoff promised a 10-20% reduction. In addition, a service will be made available for the construction of the exhibition areas.

Visitatori a Baelworld 2019. Copyright: gioielli.com
Visitatori a Baelworld 2019. Copyright: gioielli.com

Dates

Next year Baselworld will take place from April 30th to May 5th, immediately after the Geneva watch fair: the idea of the two fairs is to team up (Switzerland) and help those who have to make a long journey. But there are no perfect dates, admitted the director of Baselworld, when they pointed out that this period overlaps with the Ramadan of the Muslims.

Baselworld 2019. Copyright: gioiellis.com
Baselworld 2019. Copyright: gioiellis.com

The poll by gioiellis.com

What do the operators of the new Baselworld think in a reduced format? We turned the question to 47 exhibitors from the jewelery world (most preferred to remain anonymous). In short: a mixture of dissatisfaction and frustration prevailed, with so much nostalgia for Baselworld a few years ago. Judgments divided on the fashion shows: many criticized the models’ clothing, which did not enhance the jewels worn.
But not everyone expressed a negative opinion: some brands, like Sutra and Yoko London, to name just two, expressed satisfaction.

Survey result

Total jewelers questioned 47
Very dissatisfied 13
Partially dissatisfied 20
Uncertain judgment 2
Positive judgment 12

Sfilate a Baselworld
Sfilate a Baselworld

Nel booth di Tamara Comolli.  Copyright: gioiellis.com
Nel booth di Tamara Comolli.
Copyright: gioiellis.com

Il booth di Tirisi. Copyright: gioiellis.com
Il booth di Tirisi. Copyright: gioiellis.com







The charm of 21 sapphires

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A necklace of diamonds and sapphires reaches the highest price ($ 14.9 million) at Christie’s auction ♦ ︎

The necklace has been purchased for 14.9 million US dollars: it has 21 cushion cut sapphires from 10.56 to 3.02 carats each, 23 diamonds with the same cut from 4.05 to 1.03 carats, mounted on platinum. It was the highlight estimate of the Magnificent Jewels auction organized by Christie’s in Hong Kong. And so it was. But also a ring with an oval ruby of 10.04 carats, half-moon and circular-cut diamonds, platinum and gold, it is been sold for 7.2 million dollars.

Collana con 21 zaffiri e diamanti
Collana con 21 zaffiri e diamanti

Unexpectedly, the first jewel sold made with jade, a much loved stone in the East, is far below: $ 2.8 million for a jade necklace consisting of 20
pearls with an oval pink sapphire.

Collana di giada con zaffiro rosa
Collana di giada con zaffiro rosa

Better they made a pair of earrings with fancy rose cut diamonds of 5.21 and 5.01 carats, sold for 4.3 million dollars. A bracelet with seven octagonal emeralds designed by Edmond Chin for Boghossian has reached 3.2 million dollars. However, some pieces were not sold. Federico Graglia




Anello con rubino ovale da 10 carati
Anello con rubino ovale da 10 carati

Bracciale con sette smeraldi ottogonali
Bracciale con sette smeraldi ottogonali
Orecchini con diamanti rosa a goccia
Orecchini con diamanti rosa a goccia

Anello di Cartier con diamanti e smeraldo di 14 carati
Anello di Cartier con diamanti e smeraldo di 14 carati







A $ 50 million pink diamond

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The 18.96 carat pink diamond costs like other 310 jewels auctioned by Christie’s in Geneva ♦ ︎

Total of the sale inclusive of the buyer’s premium: 110.211.750 Swiss francs approximately 96 million euros, equivalent to 108 million dollars. Very. But it makes an impression that half of this mountain of money resulting from Christie’s Geneva Magnificent Jewels auction is the result of a single jewel: The Pink Legacy, a 18.96-light-pink rectangular cut diamond, mounted on platinum.

The stone, of an exceptional size, of a vivid color, with a perfect appearance, in short, has been evaluated 50 millions, as the all other 310 jewels put up for sale. It was purchased by Harry Winston.

The Pink Legacy
The Pink Legacy

And to say that there were several pieces of great value. In second place for the price realized, a pair of brilliant cut diamonds, but modified as drop, a brilliant blue (8.85 cts) and 8.79 ct orangy pink, on platinum and gold. They were purchased for around 4.5 million dollars. The Egyptian-style pendant necklace by Van Cleef & Arpels, made in 1924, has surpassed the expectations. It is made up of antique and rose cut diamonds, cabochon and calibré rubies, cabochons and emeralds, gilt, onyx, platinum and gold. Award price: about 4.3 million dollars, compared to the maximum estimate of 3 million in the pre-auction.

Anello con diamante a taglio rettangolare di 20,50 carati, taglio baguette,
Anello con diamante a taglio rettangolare di 20,50 carati, taglio baguette,

A ring with rectangular cut diamond of 20,50 carats, baguette cut, on platinum and gold, has priced at 2 million dollars, while a pair of earrings with sapphires signed by David Morris has been beaten at 1.4 million.

A necklace with diamonds and emeralds from Cartier, together with bracelets and earrings, almost reached 1.2 million dollars. The long-standing Cartier tiara, with old-cut diamonds, blackened steel, platinum, dated 1912-1915, sold for $ 480,000, touched the ceiling of esteem.
The price for Jar’s spectacular brooch, Bouquet of Violets, is quite high: 720,000 dollars, while the butterfly brooch of the same mysterious jeweler has stopped at a minimum of 390,000. And at the half of estimate the earrings, again of Jar, in the shape of ivy leaves: 520,000 dollars. Federico Graglia




Il diamante Pink Legacy in un anello
Il diamante Pink Legacy in un anello
coppia di diamanti a taglio brillante modificati a goccia blu brillante (8,85 carati) e rosa orangy da 8,79 carati, su platino e oro.
Coppia di diamanti a taglio brillante modificati a goccia blu brillante (8,85 carati) e rosa orangy da 8,79 carati, su platino e oro.
Tiara in acciaio e diamanti firmata da Cartier, e datata 1912-1915
Tiara in acciaio e diamanti firmata da Cartier, e datata 1912-1915
spilla multi-gemma Bouquet of violets è stata creata nel 1993 e comprende tormaline rosa, rubini, zaffiri, diamanti colorati e incolori, granati verdi e tanzaniti
spilla multi-gemma Bouquet of violets è stata creata nel 1993 e comprende tormaline rosa, rubini, zaffiri, diamanti colorati e incolori, granati verdi e tanzaniti
Jar, spilla Butterfly
Jar, spilla Butterfly
Jar, orecchini Ivy Leaves, incastonati con diamanti a taglio singolo in argento e oro
Jar, orecchini Ivy Leaves, incastonati con diamanti a taglio singolo in argento e oro
Sautoir in stile egizio di Van Cleef & Arpels datato 1924
Sautoir in stile egizio di Van Cleef & Arpels datato 1924
Orecchini con zaffiri di 40.29 e 38.60 carati e diamanti bianchi taglio circolare di David Morris
Orecchini con zaffiri di 40.29 e 38.60 carati e diamanti bianchi taglio circolare di David Morris







Chaumet wins with Fred Leighton

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Fred Leighton in black and white at Sotheby’s auction: a Chaumet necklace wins the auction of collection ♦
Fred Leighton, in New York, has been an authority for over 40 years for anyone looking to buy or sell a rare piece of Georgian, Victorian, Edwardian, Art Nouveau, Art Deco, Retro or contemporary. But the founder, who disappeared in 2017, not only dealt with choosing buyers and sellers of exceptional pieces: he himself had collected pieces of all kinds. And Fred Leighton’s personal collection was auctioned at Sotheby’s in New York. The sale totaled 2.8 million on Wednesday 19 April. There were not only jewels, but also furniture and pieces of decorative art from the seventeenth to the twentieth century, with a representation of all kinds from the pieces of the Victorian era to art deco. The most appreciated, for example, was a Cartier table clock in gold, turquoise and diamonds ($ 275,000). And the jewels? The highlight of the day was a bracelet-necklace composition by Chaumet from 1930, with old cut diamonds, single and baguette, sold for $ 112,500. Good result also for a Marchak necklace of about 1950, composed of interweaving of gold threads with baguette diamonds and rubies carved with floral motifs, with ruby ​​pearls and round and baguette diamonds. It was beaten for $ 100,000.
It should be noted, however, that not all the pieces have found a buyer. Among other things, pieces such as a Cartier necklace from 1945 with a citrine and diamonds, a Raymond Templier diamond necklace from the 1950s and a Cartier bow brooch from 1910 remained in the hammer. Federico Graglia





Anello con smeraldo e diamante a pera incastonato
Anello con smeraldo e diamante a pera incastonato

Collana con fili d'oro intrecciati e rubini di Marchak
Collana con fili d’oro intrecciati e rubini di Marchak
Collana-bracciale in oro bianco e diamanti di Chaumet
Collana-bracciale in oro bianco e diamanti di Chaumet
Spilla clip di Cartier in oro bianco e diamanti
Spilla clip di Cartier in oro bianco e diamanti
Collana di diamanti di Raymond Templier
Collana di diamanti di Raymond Templier

Collana-spilla di Cartier in oro, citrino e diamanti
Collana-spilla di Cartier in oro, citrino e diamanti







Baselworld: win or flop?





Baselworld 2018, number of visitors unchanged. Here’s who is happy and who is puzzled among jewelers ♦ ︎
It depends. The final judgment on Baselworld 2018 can be summarized as follows: it depends. Because the Basel Watch and Jewelery Fair (22-26 March 2018) had two faces. One is the one summarized by two numbers: 1300 and 650. The first is the number of exhibitors, already declining, in 2017 (there were 1500 in 2016). The second is the number of exhibitors in 2018, less than half. A massacre. «A selection», he prefers to call it the managing director of Mch, the company that organizes Baselworld. But, in fact, it depends on the points of view. Faced with such a drastic reduction could have been much worse. The final balance of Baselworld 2018, in the words of the organizers is, if not exciting, at least sufficient. The number of visitors, for example, “has remained stable”. Since the fair lasted two days less, this is considered a success. At the moment we do not know the number of buyers present. 4,400 journalists came to Baselworld, 15% less from Europe, but 5% more from Asia. And if many big brands, such as Festina or Dior, this year have defected the Basel fair, Breitling, Rolex, Patek Philippe, Swatch, Chanel and Gucci have already announced that they will also be present next year, from 21 to 26 March 2019 .
And exhibitors? The opinions are different. Again, it depends. Among the opinions collected by gioiellis.com among jewelers, prevails a lack of enthusiasm for the new formula “concentrated”, which for some is “sad” when compared to the atmosphere that was breathed until a couple of years ago. But at the same time, many have confirmed that commercial activity has not been lacking and, therefore, the presence in Basel still has a reason for being. From the comments collected during the fair, we can summarize the mood:
We are equally satisfied: Fope, Pasquale Bruni, Nanis, Alessio Boschi, Tamara Comolli, Picchiotti, Messika, Mattioli, Rivière
Everything is OK, but some perplexities: Casato, Annamaria Cammilli, Leo Pizzo, Yoko London, Giovanni Ferraris, Djoula, Facet, Crivelli
No comment: Coronet, Sutra, Butani




Baselworld 2018
Baselworld 2018

Tra gli stand di Baselworld
Tra i booth di Baselworld
Visitatori a Baselworld
Visitatori a Baselworld
Ingresso alla messe
Ingresso alla messe

Modella di Jacob & co
Modella di Jacob & co







Pink diamond fail

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The sale of the pink diamond at Sotheby’s Auction fails: for the precious stones a black day ♦ ︎
The sale of the rose has ended in red, after a rather black day. The Raj Pink, the biggest fancy intense pink diamond, for its rare color, was the strong piece of Wednesday’s auction organized by Sotheby’s in Geneva. But it was not sold. The cushion-shaped stone, weighing 37.30 carats, had a pre-sale estimate of between $ 20 and $ 30 million. But David Bennett, world leader in Sotheby’s jewelery division, had to submit: “It was not sold.” The raises did not exceed 14 million Swiss francs and the jewel was withdrawn. And it was not the only flop. Other high-value lots were withdrawn because they did not meet the stock price set (secretly) by their vendors. Among the unassigned pieces is the blue diamond ring of Moussaieff: the last offer was 12.4 million Swiss francs. Nothing to do for another expected piece: a pair of yellow diamonds previously belonged to the princely German family of Von Donnersmarck. Rewards reached 7.8 million Swiss francs, but no new owners.
The auction, however, was not a failure: 303 lots were sold out of 349. Overall, the sale was $ 77.9 million. Eventually, the top was achieved by a light pink diamond ring made by Harry Winston in 1970, described as a “absolutely extraordinary beautiful stone” by Bennett: sold for 12.6 million Swiss francs to a telephone bidder.
The reasons for the flop
Why is not the Pink Pink sold? “The pieces have to be exceptional to be sold today at the same level as two years ago,” explained to Reuters Eric Valdieu, an experienced jewelery retailer based in Geneva. “It’s a modern, recent stone (extracted in 2015 ndr) and not a 10 to 10 in terms of color and shape. He had no history. ” Tobias Kormind, managing director of 77Diamonds.com, the world’s largest online diamond retailer in Europe, said he was worried about the highest end of the stone market. Federico Graglia



Il Raj Pink, diamante rosa di oltre 37 carati
Il Raj Pink, diamante rosa di oltre 37 carati
Il Raj Pink
Il Raj Pink
In asta da Sotheby's anche questo anello di diamanti Superb Fancy Vivid Blue, Moussaieff, con peso di 7.41 carati, Interno Flawless
In asta da Sotheby’s anche questo anello di diamanti Superb Fancy Vivid Blue, Moussaieff, con peso di 7.41 carati, Interno Flawless
The Donnersmarck Diamonds, Fancy Intense Yellow di 82,47 e 102,54 carati
The Donnersmarck Diamonds, Fancy Intense Yellow di 82,47 e 102,54 carati

Anello con diamante rosa di Harry Winston. Stima di 6,8-12 milioni di euro
Anello con diamante rosa di Harry Winston