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The Pearl Carpet of Baroda sold at Sotheby’s for over $5 million

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 [...]

By | 2009-03-24T21:41:27+00:00 March 24th, 2009|Antiquities|0 Comments

Portero.com raises more VC funding for luxury auction website

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 [...]

By | 2009-02-19T14:25:33+00:00 February 19th, 2009|Jewelry, Miscellaneous, Technology|1 Comment

Patek Philippe watch sold for $475,000

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 [...]

By | 2009-09-29T11:20:52+00:00 August 1st, 2008|Jewelry, Miscellaneous|10 Comments
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