The Pearl Carpet of Baroda sold at Sotheby’s for over $5 million
Posted on Mar 24 - Filed Under Antiquities | View Comments
Sotheby’s recently sold one of the most exquisite carpets for $5,458,500 in Doha on March 19. As the catalog note says: “The Pearl Carpet of Baroda is an extraordinary work of art that is a true testament to the wealth, sophistication, and grandeur of the legendary courts of the maharajas as well as an extant example of the fabled riches of India.”
Hold your breath: This legendary carpet is made of approximately 1.2-1.5 million pearls and around 2,500 table cut and occasional rose cut diamonds. The total estimated weight of the pearls is 30,000 carats and the diamonds are estimated to be 350-400 carats in total, all set in silver topped gold or possibly blackened gold.
Below are a few pictures. For high resolution, zoomable view please visit the image viewer on Sotheby’s website
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Portero.com raises more VC funding for luxury auction website
Posted on Feb 19 - Filed Under Jewelry, Miscellaneous, Technology | View Comments
New York based Portero.com has raised $6.6 million in VC funding. The Series B round was led by LFE Capital. Portero.com provides a luxury marketplace and auction site for authenticated luxury items from hundreds of brands since 2004. Categories include jewelry, watches, accessories and fine housewares. Portero’s emphasize is placed on the value-add provided by their authentication process and the all-inclusive consignment process including: research, pricing, professional photography, description write-up payment, shipping and finalizing the sale of your items. As an example, see below the most expensive jewelry currently listed with active bids:
Oscar Heyman Platinum Emerald-Cut 10.54 ctw Diamond Clip Earrings
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Patek Philippe watch sold for $475,000
Posted on Aug 1 - Filed Under Jewelry, Miscellaneous | View Comments
The Patek Philippe watch below was sold for “only” half a million dollars, so it’s a little bit short of our usual selection criteria, but nevertheless, this is one of the most expensive Patek Philippe I’ve ever seen and in its category, this sale event certainly worth mentioning.
It is a platinum automatic perpetual calendar wristwatch with retrograde date and phases of the moon. The Patek Philippe No.1908044 Ref.5013P was launched in 1992 and is one of the most complex wristwatches ever made by Patek Philippe with a total of 515 parts.
The watch was sold for 241,250 GBP ($475,817)
Other recent, interesting, high-end sales in their respective category at Sotheby’s auction include:
Emerald and diamond braclet by Tiffany & Co was sold for 145,250 GBP (~$287,000)
1990 Chateau Petrus red Bordeaux wine from Pomerol, France was sold for 23,000 GBP (~$45,000)
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What One Million Buys on Facebook
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