Jewelry Worth Millions Hits the Auction Block on Both Coasts

AGOURA HILLS, Calif., Sept. 27, 2012 /PRNewswire/ -- Buxbaum Jewelry Advisors will take sealed bids next month on jewelry worth millions of dollars as part of its first annual fall auction. With previews scheduled for New York and Los Angeles, the sale will include multiple lots of loose diamonds, designer silver and finished diamond jewelry, melee, colored-gemstone jewelry and more.

"The auction represents an excellent source of value for opportunistic buyers on both coasts," said Michael Lebowitz, executive vice president of the Agoura Hills-based firm. "The selection runs the gamut, from lower-end, 'everyday' items all the way to higher-end, finished pieces created by a well-known designer."

The inventory comes from manufacturers, wholesalers, distributors and retailers from around the United States. "There are a number of small-diamond melee lots as well as a larger diamond lot consisting of 70, 1-carat, round diamonds," Lebowitz said. "The selection of finished jewelry includes a large array of  pieces with diamond and colored gemstones, and a sizable inventory from a designer's silver jewelry line. Meanwhile, more goods are still being consigned."

The Los Angeles preview will be Oct. 8-12 at Malca-Amit, 550 South Hill St., Suite 1590.
The New York preview will be Oct. 15-19 at Malca-Amit, 580 Fifth Avenue.

Both previews are from 9:30 a.m. until 5 p.m., local time. Bids need to be submitted by 6:00 p.m. (EDT) on Oct. 19.

A complete inventory list is available for qualified bidders. For further information, contact Michael Lebowitz at [email protected], 781-956-2037.

About Buxbaum Jewelry Advisors/Buxbaum Group

Buxbaum Jewelry Advisors (www.buxbaumjewelry.com) has assembled a team of jewelry professionals that have provided wholesale and retail jewelers with financial solutions for more than 20 years. It offers a wide range of services and can meet the needs of both profitable and financially distressed jewelry retailers and wholesalers. It is an affiliate of Agoura Hills, Calif.-based Buxbaum Group (www.buxbaumgroup.com), which has built its reputation for over 30 years as one of the largest liquidators and appraisers of retail and wholesale inventories across North America, as well as a prominent turnaround investing firm.

SOURCE Buxbaum Jewelry Advisors