Did you know that jewelry-auction sales at Christies’ reached an all-time high in 2010?
2008 = $384 million 2009 = $273 million 2010 =$426 million.
Seems collectors driving record sales await the possible auction of Elizabeth Taylors’ 33 carat Krupp Diamond ring, that was given to her by Richard Burton in 1968. The word is the price will go through the stratosphere.
It is estimated to sell at as much as $20 million. I just can’t wrapped by mind around it. How crazy is that? Just because Elizabeth Taylor owned and wore the ring may up its value by maybe 13.5 million – but no one really knows.
This is what I want to know…..how do I get on the mailing list?
ls
http://www.bloomberg.com/markets-magazine/