NEW YORK, Dec. 15, 2017 /PRNewswire/ -- With worldwide sales for the year totaling $551,300,000, Sotheby's (NYSE: BID) Jewelry division is proud to lead the global auction market in this category. As well as strong results for colored gemstones and signed jewels, major highlights from 2017 include a world auction record for any diamond or gemstone, with "The CTF Pink Star" ($71.2 million, Hong Kong, 4 April) and a world auction record for earrings, with "The Memory of Autumn Leaves" and "The Dream of Autumn Leaves" ($57.4 million, Geneva, 15 May).
"2017 has been an exceptionally successful year for Jewelry at Sotheby's, with all four selling centers – Geneva, New York, Hong Kong and London – performing very well. Innovations this year have included the scaling up of our online-only sales, as well as our very successful new Fine Jewels auctions in Geneva, which totaled $8.9 million. We were also very pleased to celebrate the tenth anniversary of our dedicated sales of Noble Jewels in Geneva." David Bennett, Worldwide Chairman, Sotheby's Jewelry Division.
Sotheby's has been uniting collectors with world-class works of art since 1744. Sotheby's became the first international auction house when it expanded from London to New York (1955), the first to conduct sales in Hong Kong (1973), India (1992) and France (2001), and the first international fine art auction house in China (2012). Today, Sotheby's presents auctions in 10 different salesrooms, including New York, London, Hong Kong and Paris, and Sotheby's BidNow program allows visitors to view all auctions live online and place bids from anywhere in the world. Sotheby's offers collectors the resources of Sotheby's Financial Services, the world's only full-service art financing company, as well as the collection advisory services of its subsidiary, Art Agency, Partners. Sotheby's presents private sale opportunities in more than 70 categories, including S|2, the gallery arm of Sotheby's Global Fine Art Division, and two retail businesses, Sotheby's Diamonds and Sotheby's Wine. Sotheby's has a global network of 80 offices in 40 countries and is the oldest company listed on the New York Stock Exchange (BID).
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