Souren Melikian writes:
http://www.iht.com/articles/2006/10/13/features/melik14.php
It was an evening of sheer madness, professionals said as they left Christie's vast room usually reserved for Impressionist and Modern Art sales. François Curiel, the international director of the jewelry department, had just dispersed 102 jewels consigned by the movie actress Ellen Barkin. Expected to realize perhaps as much as $13.9 million, these added up to $20.4 million.
A pair of topaz, ruby and diamond ear pendants signed JAR, which was estimated to be worth $60,000 to $80,000 plus the 20 percent sale charge, zoomed to $710,000 at the sale on Tuesday. If the stones were to be bought today, they might cost $3,000 to $3,500. The difference between the break-up value of the stones and the price realized by the ear pendants is accounted for by the signature.
JAR is an acronym that stands for Joel Arthur Rosenthal. The American jeweler, who set up shop in Paris in 1976 and has been working there ever since, is seen today by his peers as the Fabergé of modern times.
P.J.Joseph's Weblog On Colored Stones, Diamonds, Gem Identification, Synthetics, Treatments, Imitations, Pearls, Organic Gems, Gem And Jewelry Enterprises, Gem Markets, Watches, Gem History, Books, Comics, Cryptocurrency, Designs, Films, Flowers, Wine, Tea, Coffee, Chocolate, Graphic Novels, New Business Models, Technology, Artificial Intelligence, Robotics, Energy, Education, Environment, Music, Art, Commodities, Travel, Photography, Antiques, Random Thoughts, and Things He Like.
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Monday, November 20, 2006
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