The luxury market "flies", financial operations to acquire luxury brands and auction houses that offer luxury goods with appointments all over the world. Growing collecting on squares other than Geneva, New York to Hong Kong and a return of Asian buyers. A moment that is also exalting the Stock Exchanges (see also this precedent item ).
As announced, this will be the week dedicated to the world auctions of luxury goods. vintage and contemporary. The most important auction houses, Christie's, Sotheby's, Phillips, but also others, present catalogs with works, jewellery, watches, handbags and fashion accessories, as well as fine wines. Live and online appointments in the agendas of investors, collectors, dealers, advisors, but not only. But it seems that de feverhe luxury is also very glamorous to fascinate everyone. Everything suggests that it is not just a momentary trend, but it is the exact choice corresponding to the moment in which we live increasingly tending towards the iconic and user of models to copy or better to imitate.
Iconic and certified works for greater investment guarantee
A trend that began a few years ago and which seems to be growing dramatically even surpassing the interest in art which for years has been the most popular safe haven asset for investment purposes. Now the art sector presents itself in a different way, it is still an asset in which to invest but with great care and attention. Favorite works are necessarily iconic and “highly certified”, with excellent provenance and “condition report” flawless.
Geneva is the preferred venue for these days that celebrate luxury
Christie's presents a busy calendar of events by inaugurating the May 13 with “Rare Watchs“. Continued: Auction open until May 15 “The World of Heidi Horten: Jewels Online"; May 17 “Magnificent Jewels"; 24st May "Finest and Rarest Wines: Featuring Four Stunning Cellars & Library Vintages Direct From Château Léoville Poyferré"; 16-25 “Jewels Online: The Geneva Edit”;
Il May 25 “Handbags & Accessories” in Hong Kong bags and fashion accessories and some items from the Hermes maison are on the scene. Estimates from HKD 10.000 to 2.200.000. This is another sector that places the emphasis on investment collecting and certainly not for wearing, unless it is a question of some gift from an Asian "tycoon" or "scrooge".
A MINI KELLY 20 II IN MATTE PINK 5P ALLIGATOR WITH PALLADIUM HARDWARE
ERMES, 2020 Estimate HKD 400.000 – HKD 600.000
Il May 25 “An Exceptional Private Cellar Part II”; 26 May “Important Watches, Featuring The Triazza Collection Part II”; May 27 “Magnificent Jewels”; until May 30 “Watches Online: The Geneva Edit” . Here all the other appointments
Watches Online: The Geneva Edit
The sale Magnificent jewels boasts a collection of iconic jewelry by famed American jeweler Joel Arthur Rosenthal. Alongside this, a very important group of antique jewels showcasing the regal splendor of the European courts, highlighted by Chaumet's Besborough diamond tiara.
CARTIER BELLE EPOQUE NATURAL PEARL AND ÉCHARPE DIAMONDS
Natural pearls of various shapes 4,75 to 4,00 mm, old and rose cut diamonds, platinum (French marques), 1910, signed Paris, Cartier, London, craftsman's mark (Droguet Henri)
For watch enthusiasts, Rare Watches is back with a huge variety of the world's most reputable brands, such as a Patek Philippe Ref. 2499 in 18-carat gold from the first series. Journe, featuring some of the brand's most illustrious creations. Don't miss Watches Online: The Geneva Edit for more sought-after timepieces at affordable prices.
Sotheby's, on the other hand, as many Geneva appointments
on May 14 “Important Watches: Part I”; but also timepieces, precious and antique, pocket or precious worn by women, who were the first to wear the watch but as a jewel around the neck, auction the May 14: “Centuries of Time: A Private Collection"
Fr Belon in Paris. An extremely rare and small gold and turquoise enamel pre-balance spring watch, circa 1650
All the Sotheby's calendar of May and June 2023 a this link
Instead the presence of Phillips in Geneva focuses primarily on watches, the auction which began on 13th and will end on 14th May, there will certainly be surprises given the large number catalog of vintage and modern and of collectors from all over the world who have come to this city.
Some Top lots awarded
Patek Philippe ref. 2499. A very important, extremely rare, very well preserved and enormously collectible “Second Series” Rose Gold Perpetual Calendar Chronograph Wristwatch with Moonphase, 1953 Diameter 37,5 mm. Case, dial, movement and buckle signed
Estimate: €1.530.000-3.050.000 SOLD FOR CHF 3.206.000
Another Top Lot awarded Rolex Ref. 6541. That doubled the maximum estimate. Probably the best preserved and complete wristwatch to our knowledge in non-magnetic stainless steel with honeycomb dial, “lightning bolt” hand, bracelet, chronometer certificate, guarantee, tag and presentation box circa 1958. Diameter 38 mm . Case, dial, movement and bracelet signed
Estimate €509.000-1.020.000 SOLD FOR CHF 2.238.000
Here all the lots with estimates and successful awards