Headlines

Sotheby’s Jewelry Auctions Fetch $562M in 2015

Published

8 years ago

January 5, 2016

INSTORE Staff

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.”

This Third-Generation Jeweler Was Ready for Retirement. He Called Wilkerson

Retirement is never easy, especially when it means the end to a business that was founded in 1884. But for Laura and Sam Sipe, it was time to put their own needs first. They decided to close J.C. Sipe Jewelers, one of Indianapolis’ most trusted names in fine jewelry, and call Wilkerson. “Laura and I decided the conditions were right,” says Sam. Wilkerson handled every detail in their going-out-of-business sale, from marketing to manning the sales floor. “The main goal was to sell our existing inventory that’s all paid for and turn that into cash for our retirement,” says Sam. “It’s been very, very productive.” Would they recommend Wilkerson to other jewelers who want to enjoy their golden years? Absolutely! “Call Wilkerson,” says Laura. “They can help you achieve your goals so you’ll be able to move into retirement comfortably.”