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Fortuna Completes First Sale of New Decade

It featured a diamond that brought $40,625.

Published

5 years ago

February 16, 2020

INSTORE Staff

(PRESS RELEASE) On February 6, 2020, Fortuna held its first sale of the new decade. The Fine Jewels sale offered a well-rounded selection of fine estate diamond jewelry and designer pieces, and achieved a nearly 70% sell-through rate.

The sale brought in bidders and consigners from around the world, featuring items consigned from countries like Spain, and bids coming all the way from Kuwait. It was also the first of Fortuna’s auctions to be streamed live on Facebook.

Among the sale highlights sold was a 4.13-Carat Emerald-Cut Loose Diamond. This fine diamond came accompanied by a GIA diamond report stating the stone as possessing G color and VVS1 clarity. The diamond achieved $40,625 at auction.

The sale also featured rarely seen designs, like that of a Tiffany & Co. Aquamarine Morganite and Diamond Drop Necklace. The piece had never been worn and was in excellent condition. The stunning lot which was crafted in platinum in a spectacular cascading design, achieved $30,000 at auction — more than double its starting bid.

Upcoming Fortuna Auction Sales

The next Fine Jewels auction on Fortuna’s calendar is set for March 19 at 1PM EDT, and is still accepting consignments. If you have jewelry or watches you would like to submit for auction, visit FortunaAuction.com or call (212) 389-9040 for a free valuation.

Fortuna Completes First Sale of New Decade

Tiffany Co. Morganite Aquamarine Necklace

4.13ct Emerald Cut Loose Diamond

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You Wouldn’t Cut Your Own Hair. Why Run Your Own Retirement Sale?

After being in business for over a quarter of a century, Wayne Reid, owner of Wayne Jewelers in Wayne, Pennsylvania, decided it was time for a little “me time.” He says, “I’ve reached a point in my life where it’s time to slow down, enjoy a lot of things outside of the jewelry industry. It just seemed to be the right time.” He chose Wilkerson to handle his retirement sale because of their reputation and results. With financial goals exceeded, Reid says he made the right choice selecting Wilkerson to handle the sale. “They made every effort to push our jewelry to the forefront of the showcases,” he says, lauding Wilkerson for their finesse and expertise. Would he recommend them to other jewelers who want to make room for new merchandise, expand their business or like him, decide to call it a day? Absolutely he says, equating trying to do this kind of sale with cutting your own hair. “The results are going to happen but not as well as if you have a professional like Wilkerson do the job for you.”