Watches and jewellery market - 2013 auction review


2015-06-26 13:35:18


Watches and jewellery market - 2013 auction review

We review the big 2013 auction sales in the watches and jewellery market

Numerous records were broken in the watch and jewellery market in 2013, with Sotheby's achieving both a new world record for a diamond (the Pink Dream) and a world record for the highest grossing jewellery sale in history. In terms of watches the biggest sale of all time was held at Christie's in Geneva in November and achieved total sales of $43.9m.

Top watches and jewellery sale of 2013

Pink Star diamond Sotheby'sThe Pink Dream is the most valuable diamond ever auctioned

The 59.6 carat Pink Dream diamond made $83.1m in November, smashing the previous world record figure of $46.2m by 79.8%. David Bennet, chairman of jewellery at Sotheby's, commented after the sale: "It is difficult to exaggerate the rarity of vivid pink diamonds weighing only five carats, so this 59.60 carat stone is simply off any scale, and passes, I believe, into the ranks of the earth's greatest natural treasures."

2013's important watches and jewellery sales

Orange Diamond Christie'sThe Orange is over 10 carats heavier than the largest orange diamond to have previously appeared at auction

The pink "Princie" diamond made $39.3m in April, setting a new record for a pink diamond at auction. A 118 carat white diamond, one of only four known examples over 100 carats, achieved $30.6m in October.

The Orange, a fancy vivd orange diamond, became the most valuable of its type when it sold for $35.5m in November. A 1957 Patek Philippe wristwatch ref. 2499 in pink gold hammered for $4.2m in November. A Breguet pocket watch made $1.1m at a November auction. A 52.5 carat Golconda diamond ring auctioned for $10.9m in December.

It was a breakout year for

The Patek Philippe Ref 5016, which achieved $788,500 in November - breaking the record for its type.

It was a year to forget for

Kim Kardashian's former fiance Kris Humphries - who consigned her engagement ring for an estimated $500,000 despite paying a reported $2m for itback in 2011.

One you may have missed

Robert Burns Pocket WatchRobert Burns is an enormously important Scottish cultural figure

A pocket watch owned by Scotland's national poet Robert Burns made an impressive 1,486% increase on estimate to hammer for $64,419 in November.

View our watches and jewellery for sale.

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