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Jewelry Auction Recap 2016

Throughout 2016, we shared a copious amount of juicy auction information in our blog: celebrity jewelry, fancy colored and rare gems and of course, the exorbitant price-tags and bidding wars that leave us all a little breathless.

Yet auctions have their ups and downs like any other business and 2016 was no different. Records were set (pink and blue diamonds continued to pull in the highest bids) while other gems failed to generate the expected interest (like Shirley Temple Blue, a 9.54-carat fancy deep blue, owned by the child actress with an estimate of $25 – $35 million).

But blue gems still pulled their weight (sorry Shirley), namely The Oppenheimer Blue which pulled in top dollar for 2016. Looking at it, we can only sigh and see why.

The Oppenheimer Blue

The Oppenheimer Blue, a 14.62-carat fancy vivid blue rectangular-cat diamond snatched a world record for any jewel sold at auction (more than $58 million!) at Christie’s in May.

 

Source: Forbes

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100 Years in Jewells Business

Today, Joseph Schubach builds upon his family's experience and continues the tradition with Joseph Schubach Jewelers, offering both intimate jewelry brokering in his Scottsdale, Arizona showroom and full-service online sales to clients from around the world, where he has maintained that personal customer connection in the virtual world.

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