Jewelry and watch sales from all retail channels increased nearly 5 percent in August as compared to the same month in 2013. While the consumer price index (CPI) for watches increased 4.5 percent, the CPI for jewelry fell 4.7 percent. Excluding watches, jewelry sales increased 5 percent year to year in July, and 4.8% to $4.94 billion […]
Rare Piece of Jewelry Found at Flea Market
Posted on September 30th, 2014 by Joe G
A gold brooch purchased at a flea market last month for around $60 was recently discovered to be worth much more than that. Made by Cartier, the “tutti-frutti” 1930s pin features a ruby, sapphires and emeralds, and was found by the anonymous buyer in a box of costume jewelry. Hansons Auctioneers in the UK put the […]
Eisenhower Rolex Falls Short
Posted on September 24th, 2014 by Joe G
Last week, an 18-karat gold Rolex was put up for sale by RR Auction – but this wasn’t just any ordinary 18-karat gold Rolex. The watch belonged to President Dwight D. Eisenhower, given to him by the famed watchmaker in 1951. However, bids didn’t quite cut it. The seller, Raleigh DeGeer Amyx Collection, set an undisclosed reserve (the lowest […]
Birkin Bag Brings the Bucks
Posted on September 16th, 2014 by Joe G
Ladies, how much are you willing to spend on a handbag? While some draw the line at a couple hundred bucks, others may be more willing to splurge – but would you pay six figures? Hermes Birkin bags are among the most coveted handbags in the world, with the average price tag at around $10,000. This […]
Rare Threepenny Could Make a Million
Posted on September 10th, 2014 by Joe G
An amateur treasure hunter discovered a rare silver threepenny dated to 1652 in a field in Nottinghamshire, UK. The treasure hunter, John Stoner, had just begun sweeping the area with his metal detector when it signaled. With a little digging, he found the coin, originally thinking it was nothing special. Little did he know that “nothing […]