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Sotheby’s Jewelry Auctions Fetch $562M in 2015

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One illustrious diamond in particular buoyed last year’s sales.

International auction house Sotheby’s recorded $562 million in 2015 jewelry sales spread over 11 separate auctions, a figure that falls shy of 2014’s record of $602.5 million, according to Rapaport. “The company sold $300.5 million of pieces at its two Magnificent Jewels and Noble Jewels auctions in Geneva, including $161.7 million at the May event and $138.8 in November, where it auctioned off the high-profile Blue Moon diamond for $48.5 million.”

Read more at Rapaport

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