Christie’s London luxury week auction totals £12m

Christie’s London Luxury Week auctions achieved a combined total of £12m with other half the total coming from its ‘important jewels’ auction.

The auctions focusing on fine wines, handbags and accessories and important jewels attracted global participation from bidders from 50 countries, across five continents.

Christie’s also welcomed over 9,000 visitors to the auction previews, alongside a watches private sales exhibition, a bespoke service for collectors seeking the very best timepieces, offered for the first time in London.

Christie’s Important Jewels Sale on the 13 June realised a total of £6.8m Leading the the auction was a Fine Sapphire and Diamond ‘Julie’ Ring by Cartier  which sold for £512,750.

The auction also included a Belle Époque Diamond Tiara which was formerly the property of HRH The Crown Princess of Yugoslavia and from the collection of The Princes of Orléans Braganza. Estimated between  £140,000 – 210,000 the jewel was eventually sold for £344,750.

The week also included a tailored programme of events, including interactive workshops, talks by guest speakers and a dedicated Christie’s Late, presenting collectors the opportunity to engage with Christie’s specialists and learn more regarding the variety of exceptional objects on offer.

Aline Sylla-Walbaum, global managing director Luxury at Christie’s, said: “We are delighted
with the response from our clients who embraced the programme of events and auctions here in London.

“We continue to see increases in international participation in the sales and are particularly pleased that 27% of collectors taking part in the week were new to the Luxury categories. Witnessing cross-category interest, we were thrilled to have coincided our exhibition with Indian Art and foster unexpected encounters with a variety of incredible objects.”