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Christie’s New York Brings Jewelry, Watches, Wine and Design for Luxury Week Auctions in June

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Christie’s as an auction house has built a reputation of dealing in the very top end of which ever segment it takes up. However their New York headquarters is taking up four categories in June and has named it ‘Luxury Week’. They would be offering over 1,000 items in jewelry, watches, wine and 20 th century design. The auctions spread over June 12 to June 15 are expected to achieve over $23 million in sales. The Luxury Week will start on June 12 at 2 PM with the Important Jewels auction.  Over 180 items has been carefully curated for the auction. Items on offer include investment-quality diamonds, rare gemstones, and period jewels. There are several clear stones that have been rated D, E or F, the finest color quality possible. A diamond ring by David Webb features a 22.46 carat rectangular-cut E-color diamond is expected to fetch $1.2 to $1.8 million. The New York Important Jewels auction is expected to pull in a total sale in excess of $10 million. Some of the ot...

Rembrandt’s ‘Portrait Of A Man’ Sold To Casino Mogul Wynn

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In September we told you about Rembrandt ’s legendary ‘Portrait of a Man’ would be going under the hammer. Well, it did last week. And the new and extremely proud owner of this materpiece is none other than the casino mogul Steve Wynn. From what we hear, he splurged a huge and record $33.2 million at the grand auction hosted by Christie’s in London last week. Let us remind you that this painting dates back to 1658 and has the portrait of a man, half-length with his arms akimbo. An insider told us that Mr. Wynn made the winning big over the teleophone. Though Wynn has not officially revealed that he was the winning buyer but there has been serious speculation more so after NY Times reported that he had consulted many art dealers and scholars to check their opinions of the piece before the sale. Most of us are quite sure as far as Wynn is concerned because he is quite and art afficionado and already possess pieces by Rubens, Vermeer and Cezanne. Not just that, he also ...