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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

Rectangular-cut 28.82 carat diamond ring sells for $1,098,340

This ring was recently sold in Geneva by Christie's for CHF1,323,000 ($1,098,340) From the lot note: "Set with a rectangular-cut diamond weighing 28.82 carats, to the triangular-shaped diamond shoulders, mounted in platinum, ring size 6. Accompanied by report no. 17465770 dated 17 July 2008 from the GIA Gemological Institute of America stating that the diamond is I colour, VVS2 clarity " See details at Christie's

By | 2009-05-03T00:01:03+00:00 November 20th, 2008|Jewelry|3 Comments

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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