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Jeweler News

  • Angelina Jolie’s “Style of Jolie” Collection

    This collection of beautiful jewels as an art form is a project that Angelina Jolie and Robert Procop have been working on for the last nine months. The collection was displayed in a museum quality exhibition earlier this week for an invitation-only crowd. All proceeds benefit children in need of education at Julien’s Gallery in Beverly Hills. Take a look at these amazing pieces!

    If there’s piece of jewelry of Angelina Jolie’s that you admire, remember we can recreate it for a fraction of the cost!

    Please choose your favorite custom design jewelry piece for our DIY (Dream it Yourself) Jewelry contest, going on now!

  • Elizabeth Taylor – The Legacy, The Look

    “I mean, how many young women get a set of rubies just for doing something wholesome like swimming laps? Or win a diamond ring at Ping-Pong with their husband…? Well, I did, and for all of these memories and the people in my life I feel blessed.  -Elizabeth Taylor

     


    The first piece is a diamond-encrusted necklace with 12 golden pearls mounted in 18-karat white gold, estimated at $200,000 to $300,000.

  • Rare Patek Phillippe Watch goes for Cool 700K

    Patek Phillippe watches are getting a resurgence of interest since Charlie Sheen ripped up a hotel room in search of his. But even Sheen couldn’t get his hands on this one:

    New York—The only known Patek Philippe Ref. 2419 minute-repeating wristwatch sold for $710,500 at the Antiquorum auction held last Thursday in New York.

    The bidding for the 18-karat gold timepiece, which was crafted in 1946 and sold by Cartier in 1950, was competitive, with a Chinese bidder ultimately winning.

    “The spectacular results for the exceptional minute-repeating Patek Philippe Ref. 2419 wristwatch retailed by Cartier confirms that collectors today are willing to pay a premium for watches that are unique and new to the market,” Antiquorum President and Chief Executive Officer Evan Zimmermann said.

    Source: National Jeweler

    Overall, Antiquorum’s “Important Modern & Vintage Timepieces” auction garnered $4.5 million and was 81 percent sold by lot and 125 percent sold by value. The auction of 275 rare timepieces drew a standing-room-only crowd and 301 registered Internet and phone bidders. Aggressive international bidding came from nations including China, Russia, Qatar and Canada, as well as the United States.

    In addition to the minute-repeating Patek Philippe Ref. 2419, other top lots included a Jaeger-LeCoultre “Reverso Gyrotourbillon 2” No. 52/75, which sold for $266,500. The watch was one of 75 of its kind crafted in 2009. The reversible platinum watch with visible Jaeger-LeCoultre caliber 174 has an inclined two-cage multi-axis spherical tourbillon, 50-hour power reserve, 24-hour indication and “1000 Hours Control.”

    A self-winding, 18-karat gold Patek Philippe “The Celestial Wristwatch,” Ref. 5102G sold for $218,500 while another Patek Philippe, a pink gold “TV Watch” Ref. 5020R, (below) went for $164,500. And a 18-karat yellow gold, self-winding Patek Philippe Genève Ref. 3448 sold for $158,500.

  • How Charlie Sheen goes Tick Tock

    Is it even possible to put the media storm aside to discuss something as seemingly bland as his watch collection? Here’s at Joseph Schubach Jewelers, we think so. So let’s focus on Sheen’s time pieces instead. Let’s be horribly boring. Well, not that boring, since he has an estimated 5.6 million dollar watch collection! Sheen wears a Rolex Yachtmaster on his previous television series and many of us heard the story of the $150,000 Patek Philippe 5970 that went missing during a stay in at the New York Plaza Hotel in 2010, after which Sheen accused his date of stealing the watch.

    According to TMZ:

    The watch that Charlie Sheen claims he lost during the night of his hotel meltdown ain’t no ordinary Timex … dude was wearing one of the most sought after watches on the planet … valued at $150,000.

    Charlie Sheen watch collection.
    Sources familiar with the situation tell us Sheen was rockin’ a Patek Philippe 5970 … a watch that one expert tells us is always in “crazy high demand” with collectors.

    Another Patek, modeled by Sheen himself via Twitter

  • Jewelry = Valuable Art, Smart Investment

    Jewelry as a form of art and investment is becoming increasingly popular. Read on (and click on image below to enlarge):

     

     

    Jewelry is a smart art investment!

    What do the following trinkets have in common: Jackie O’s gold handbag; Joan Crawford’s Raymond Yard tennis bracelet; journalist and ambassador Clare Boothe Luce’s gold, diamond, and sapphire necklace; and automobile heiress Bernice Chrysler Garbisch’s Van Cleef & Arpels diamond and ruby earrings? If you guessed they were the inventory of a Hearst heiress’ safe deposit box, you’d be wrong. They’re all, ahem, valuable works of art.

    These pieces are included in the Museum of the City of New York’s current “Notorious & Notable: 20th Century Women of Style” show. It’s the latest in a growing number of exhibitions treating vintage jewels and accessories as miniature sculptures and objets d’art.

    With the art market still very much in recovery mode, collectors are turning to jewelry not only for its artistic value but also for its investment potential. “Since the start of the recession we’ve seen a growing number of new and established collectors come into the market with particular interest in buying jewels as an alternative asset or as a hedge against inflation,” says Rahul Kadakia, Christie’s head of jewelry.

    Feeding the craze, museums and galleries around the world are hosting more historical and thematic exhibitions than ever dedicated to 19th and 20th century jewelry. Last year, Lalique and Cartier curated museum shows that toured the country. Next year, Van Cleef & Arpels will mount a retrospective of its work at the Cooper-Hewitt National Design Museum in New York. “The public’s perception of jewelry has absolutely changed. Clients and collectors now have a greater appreciation for fine jewelry as an art form,” says Kadakia.

    To a point. Many savvy collectors are also drawn to such pieces because of the increase in the investment value of diamonds and gold, and recent auction sales have reflected this enthusiasm. Kadakia cites Cartier’s multicolored- gem-encrusted “Tutti Frutti” bracelet as an example of the market’s extraor- dinary growth. The limited-edition designer piece fetched about $300,000 at auction 10 years ago. Today prices consistently exceed $1 million. In April, Sotheby’s sold a gold, platinum, and diamond David Webb panther bracelet for $134,500, nearly three times its pre-sale estimate. That same month, Christie’s sold a diamond and emerald brooch once belonging to Catherine the Great for $1.65 million—$400,000 more than its anticipated price.

    More experienced collectors are trending toward unique period jewels and pieces from top-tier jewelry houses. It’s a good strategy, Kadakia says, one that has canny buyers seeing positive returns over the long term. One example of a period piece with currency is the Bulgari Blue Diamond ring, a gold band flanked by two enormous triangular diamonds, which will headline Christie’s New York’s Jewels sale this month. Purchased for $1 million in the 1970s, when it was designed, Christie’s expects it to field more than $12 million this time around.

     

    Read more at Bloomberg Business Week

  • Grammy Jewelry 2011

    Yes, I missed the Grammy’s this year. I didn’t see Lady Gaga hatch from an egg or feel the pain of scorned teenagers who thought Justin Bieber should have trounced Esperanza Spalding.

    Luckily, I had a chance to see some of the magnificent jewelry worn on this semi-magical evening. Here are a few of my favorite highlights:

    Alicia Keys wears "Sodwana" earrings by Diamonds in the Rough, 18K yellow gold set with rough diamonds in a medley of colors. The curved gold bars between larger gems are filled with micro pavé set diamonds.

    Tia Carrere displaying diamond and yellow gold bracelets by Judith Ripka.

    Heather Schmid's bracelet is reportedly a H. Stern design with diamonds set in 18K gold.

    Jennifer Lopez looked amazing at the 2011 Grammy Awards in this Emilio Pucci silver mini dress, Christian Louboutin shoes, Cartier jewels and a Goa crystal clutch by Daniel Swarovski.

  • Online Holiday Shopping Continues to Increase

    No surprises this year, as the Internet becomes an increasingly popular and easy way to send gifts over the holidays. Not only because of the ease factor, but a wider selection if offered overall. Think about it: you may have a handful of stores in your viscinity in which to shop, but the Internet opens up a whole world – quite literally. Sites like Ten Thousand Villages, a fair trade retailer, offer you the  chance to purchase from merchants in small villages in Africa or Vietnam.

    SpendingPulse, a report from MasterCard, pegged the year-over-year rise at 15.4 percent. The report, released this week and covering the period from October 31 to December 24, looks at sales in the MasterCard payment network and combines those figures with survey-derived estimates of non-credit-card purchases.

    According to the report, apparel sales led the field among e-commerce categories, a sign, perhaps, that shoppers are becoming more comfortable with buying clothing sight unseen. Electronics also made a showing, and jewelry managed to log an increase as well.

    In general, the results show that the Web seems to be continuing on its way to becoming as American as apple pie–or the shopping mall. Though according to various sources online sales still make up only 10 percent of all purchases, that seems likely to change.

    “Today e-commerce accounts for a much larger share of overall retail sales compared to a few years ago,” Michael McNamara, vice president for MasterCard Advisors SpendingPulse, said in a statement. “And during this holiday season, it registered double-digit growth for six out of seven weeks.”

    The SpendingPulse report said that this year, the Monday after Thanksgiving saw $999.3 million in e-commerce receipts, a 25.3 percent increase over that same day last year. And six days in this year’s holiday shopping season saw online sales of more than $1 billion, compared with three days in 2009.

    ComScore served up its own batch of figures this week, with its report covering November 1 through December 20 and based on surveys of consumers. The analytics company reported a 12 percent increase in e-commerce spending during that time frame versus the same frame last year.

    In a statement, ComScore Chairman Gian Fulgoni said a 17 percent year-over-year rise in e-commerce receipts during the last weekend before Christmas “capped the heaviest online spending week of all time at $5.5 billion.”

    The company also singled out other significant dates:

    • Thanksgiving Day totals rose 28 percent over last year,
    • Cyber Monday (November 29) logged a 16 percent rise,
    • Free Shipping Day (December 17) saw a whopping 61 percent growth figure,
    • and Black Friday (November 26) saw a 9 percent increase year over year.

    A report last month from Coremetrics, which derives its data differently from ComScore, put the Black Friday figure at 16 percent. That report also pointed to the increasing importance of mobile devices and social-networking sites in the e-commerce cyberscape.”We’re watching online retail, and increasingly social media and mobile, become the growth engines for retailers everywhere, as consumers embrace online shopping not only for its ease and convenience, but as a primary means of researching goods and services,” John Squire, Coremetrics’ chief strategy officer, said in a statement at the time.

    Read more: http://news.cnet.com/8301-1023_3-20026608-93.html#ixzz19JzySf97

  • High-end Collar for Particularly Pampered Pooches

    Dog Collar for the Rich and Famous

    Just when you think  you’ve seen it all, along comes a diamond dog collar worth over 3 mill. Talk about doggy treats!

    Dubbed “the Bugatti of dog collars” by Forbes Senior Editor Matt Miller, pooch-friendly i Love Dogs, Inc. is offering a price-busting diamond delight for the pups of the rich and famous this holiday season.

    The 52-carat creation dubbed ‘Amour, Amour’ has over 1,600 hand-set diamonds in a chandelier design that features a stunning 7-carat, D-IF, brilliant-shaped diamond centerpiece.

    Top it off with platinum, 18kt white gold and a touch of crocodile leather, and your pet can chase her tail in over $3,200,000 worth of bling.

    Down, girl.

    Source: Jewelry.com

  • The Legacy of High Jewelry Making

    We can often feel like a dying breed – jewelers who genuinely care about our product and who believe deeply in the artisanship behind our work. So when I read this piece in the New York Times, it really resonated: Who are the jewelry makers of today? Can the same artistry exist as it did in my father’s generation? We think so.

    PARIS — It is taken as gospel that the king of 20th century jewelry makers was Peter Carl Fabergé, the inimitable jeweler to the czars. Question: 100 years from now, who among the makers of today will be in the running to assume a similar title for this century?

    “The first name — and I’m bored myself with saying it — is JAR,” said François Curiel, Christie’s chief jewelry specialist, referring to Joel Arthur Rosenthal, the enigmatic U.S.-born artist whose Parisian atelier turns out pieces that regularly earn two to three times their auction estimates.

    “He is a jeweler in constant evolution but whose style is instantly recognizable by the members of his virtual international club.”

    For most of history, collectibility was beside the point. Jewels doubled as currency because they had an intrinsic value that allowed them to be dismantled and traded.

    But in the 33 years since JAR founded his company, a booming estate jewelry market has fueled collector interest in signed works; and especially over the past decade, a renaissance in high jewelry making — among independent designers as well as the traditional French houses — has revived the conversation about the next generation of work that deserves to remain intact.

    It may be too soon to bracket the current period within discrete dates and describe its characteristics — as diamonds and clean, geometric lines defined the Art Deco movement of the 1920s and 30s — but most experts agree that a willingness to embrace unconventional, even common, materials is a mark of the 21st century jeweler.

    An example is Michele della Valle, a jeweler based in Rome: “Recently, I used carbon fiber in an unusual way to mimic the feather-like details found around the pistils of anemone flowers,” Mr. della Valle said, taking pains to emphasize that he never experimented with materials gratuitously but used them for specific properties. “Those times where I still use titanium or zirconium, I do so strictly when required to give lightness to a piece — and mostly in conjunction with gold,” he said.

    Mr. della Valle shares his appreciation for light metals with a trio of well-regarded designers in Hong Kong: Michelle Ong of Carnet, known for her fanciful, lace-inspired diamond cuffs and brooches; Edmund Chin of Etcetera, whose expert stone-setting has earned acclaim; and Wallace Chan, a gem carver with an alchemist’s knack for manipulating titanium.

    Decades from now, desirability will, of course, be determined by as-yet-unforeseen market forces, though it is safe to say that a rare and beautiful jewel exhibiting a singularity and soulfulness that identifies its maker will stand the test of time — and all the more so when the personality behind the work remains elusive.

    Mr. Rosenthal, for example, politely declined via e-mail a request to discuss his jewelry: “Alas, I am not for words about what I do,” he said, “believing that an artist should artiste and shut up.”

    A PINK SAPPHIRE NECKLACE, BY MICHELE DELLA VALLE

    Colored diamond “bonnet” ring by JAR Set with a pear-shaped light brown-pink diamond, weighing approximately 2.94 carats, within a pavé-set diamond oval plaque, to the diamond-set hoop, mounted in platinum and 18k gold. Estimate: $70,000-$100,000

    “I am not arbitrary. If you happen to have ideas and defend them, people make you into a dragon. If someone walks in and says, ah, I love that necklace and I say, but it doesn’t suit you and it is part of my job to make sure you don’t get something that doesn’t suit you, people may not be happy. “Getting the right things on the right people is part of making those things. I can’t do it three generations from now but I can do it now and I have to do it now.”

    – Joel Arthur Rosenthal