{"id":40378,"date":"2025-11-15T08:08:26","date_gmt":"2025-11-15T08:08:26","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/40378\/"},"modified":"2025-11-15T08:08:26","modified_gmt":"2025-11-15T08:08:26","slug":"auction-houses-tapping-into-jewelry-boom","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/40378\/","title":{"rendered":"Auction House&#8217;s Tapping into Jewelry Boom"},"content":{"rendered":"<p class=\"paragraph larva \/\/ a-font-body-m     \">\n\tThe Headlines<\/p>\n<p>STAY CALM AND KARAT ON. As auction houses increasingly lean on the luxury market to offset sluggish art sales, Christie\u2019s incoming global head of jewellery, Max Fawcett, is optimistic. The house kicks off its London Jewels sale on Friday, and he predicted it will be \u201cone of the best London sales we\u2019ve had in a long time,\u201d crediting the strength of the pieces offered online, including period jewels worn by Alice, Viscountess Wimborne, in portraits by Sir Cecil Beaton, the <a href=\"https:\/\/www.ft.com\/content\/f52cb523-f648-4111-940f-27e171e2bc5d\" rel=\"nofollow noopener\" target=\"_blank\">Financial Times<\/a>\u00a0reports. Fawcett said the sale arrives during a \u201cpurple patch\u201d for Christie\u2019s jewellery division: in June, the company achieved its highest total for a various-owner sale in the Americas\u2014$87.7 million in New York\u2014following a sold-out Magnificent Jewels sale in Geneva in May. Fawcett, who officially steps into his new role on January 1, noted that while sales soared between 2012 and 2014 amid post-crisis exuberance, the following decade proved more challenging. Now, he believes the cycle has shifted again: \u201cWe\u2019re having our moment.\u201d Christie\u2019s isn\u2019t alone in its success. Heritage Auctions reached a record $9.2 million for a fine jewellery sale in September, while Phillips and Sotheby\u2019s hosted major watch auctions in Geneva this week. Sotheby\u2019s also reported record jewellery results this year in New York, Paris, and Milan. According to Quig Bruning, global head of jewellery at Sotheby\u2019s, demand is now \u201csignificantly outstripping supply.\u201d<\/p>\n<p>(ART) LENDING LIBRARY.\u00a0The Brooklyn Public Library (BPL) has launched an experimental art-lending program alongside its new exhibition, \u201cLetters for the Future,\u201d created with the artist-led Department of Transformation, <a href=\"https:\/\/news.artnet.com\/art-world\/brooklyn-public-library-borrow-artwork-2713067\" rel=\"nofollow noopener\" target=\"_blank\">Artnet News<\/a> reports. It opened earlier this month and places works by 35 artists throughout the library\u2019s Grand Lobby, encouraging visitors to encounter moving images, prints, and sculptural objects as part of their everyday library experience. Films by Asad Raza and Ilana Harris-Babou screen continuously, while Be Oakley\/GenderFail Press presents a suite of 12 risograph prints accompanied by 10 downloadable, open-source typefaces. Several artists have contributed works that blur boundaries between art, ritual, and public engagement. The artist duo Hilma\u2019s Ghost, comprised of Sharmistha Ray and Danielle Tegeder, contributed\u00a0Enchantments: Bottled Devotionals of Divine Feminine Spirits (2023), a wooden apothecary box containing 12 glass spell jars. This piece functions simultaneously as an artwork within the exhibition and an object patrons can borrow and take home. In total, 20 artworks, including prints, magnets, banners, and original works on paper, are available for checkout.<\/p>\n<p>The Digest<\/p>\n<p>This summer a team of archaeologists resumed their work on a site in southern Italy dating back to around 600 B.C.E., known for its three well-preserved Doric temples. The dig is revealing the secrets of an ancient Greek sanctuary. [<a href=\"https:\/\/www.theartnewspaper.com\/2025\/11\/14\/in-southern-italy-a-long-planned-excavation-is-revealing-the-secrets-of-an-ancient-greek-sanctuary\" rel=\"nofollow noopener\" target=\"_blank\">The Art Newspaper<\/a>]\u00a0<\/p>\n<p>\t\tRelated Articles<\/p>\n<p>\t\t\t\t\t\t<img decoding=\"async\" class=\"c-lazy-image__img lrv-u-background-color-grey-lightest lrv-u-width-100p lrv-u-display-block lrv-u-height-auto\" src=\"https:\/\/www.artnews.com\/wp-content\/themes\/vip\/pmc-artnews-2019\/assets\/public\/lazyload-fallback.gif\" data-lazy-src=\"https:\/\/www.newsbeep.com\/us-ny\/wp-content\/uploads\/2025\/11\/charles-stewart-at-the-breuer.png\" alt=\"Auction House's Tapping into Jewelry Boom\" data-lazy- data-lazy- height=\"\" width=\"\"\/><\/p>\n<p class=\"paragraph larva \/\/ a-font-body-m     \">\n\t<a href=\"https:\/\/www.artnews.com\/t\/paris-photo\/\" id=\"auto-tag_paris-photo\" data-tag=\"paris-photo\" rel=\"nofollow noopener\" target=\"_blank\">Paris Photo<\/a> returns to the Grand Palais this week for its 28th edition (until November 16), bringing together 220 exhibitors, including 178 galleries and 42 publishers from 33 countries. [<a href=\"https:\/\/www.parisphoto.com\/en-gb.html\" rel=\"nofollow noopener\" target=\"_blank\">Paris Photo<\/a>]<\/p>\n<p class=\"paragraph larva \/\/ a-font-body-m     \">\n\tThe University of Leicester in the UK has confirmed it has made updates to its guidance on trans-inclusivity for museums and galleries. The move emerges amid threatened litigation by a free speech organisation. [<a href=\"https:\/\/www.artsprofessional.co.uk\/news\/university-updates-trans-inclusive-advice-to-museums-as-fita-threatens-litigation\" rel=\"nofollow noopener\" target=\"_blank\">Arts Professional<\/a>]\u00a0<\/p>\n<p class=\"paragraph larva \/\/ a-font-body-m     \">\n\tSofia Coppola was honored at MoMA\u2019s annual film gala, with Elle Fanning, Bill Murray, and David Letterman among the guests. [<a href=\"https:\/\/www.nytimes.com\/2025\/11\/13\/style\/sofia-coppola-moma-benefit.html\" rel=\"nofollow noopener\" target=\"_blank\">New York Times<\/a>]<\/p>\n<p>The Kicker <\/p>\n<p>APP HEAVEN. Irving Sandler, the celebrated art historian and critic, once said in the 1950s that \u201cyou could do the whole art world in an afternoon.\u201d Back then, New York\u2019s galleries were concentrated around 57th Street, making it easy to see everything in a single sweep. That era is long gone. Today, more than 700 galleries stretch across Chelsea, Tribeca, Chinatown, the Upper East Side, and parts of Brooklyn and Queens. The handwritten checklists people once used for weekend gallery crawls have largely been replaced by smartphone apps, the <a href=\"https:\/\/www.nytimes.com\/2025\/11\/13\/arts\/design\/art-influencers-apps-galleries-smartphone.html\" rel=\"nofollow noopener\" target=\"_blank\">New York Times<\/a>\u00a0writes. So, to help art-lovers navigate the plethora of galleries, the paper has highlighted five useful apps, from See Saw to ArtRabbit.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"The Headlines STAY CALM AND KARAT ON. As auction houses increasingly lean on the luxury market to offset&hellip;\n","protected":false},"author":2,"featured_media":40379,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[98,100,99,22080,9,24,63,23422,13851],"class_list":{"0":"post-40378","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-brooklyn","8":"tag-brooklyn","9":"tag-brooklyn-headlines","10":"tag-brooklyn-news","11":"tag-christies","12":"tag-new-york","13":"tag-new-york-city","14":"tag-nyc","15":"tag-paris-photo","16":"tag-sothebys"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/40378","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=40378"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/40378\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/40379"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=40378"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=40378"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=40378"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}