Sotheby’s Diamond Jewelry Sales for 2012 Reach $460.5M

Forbes reported that Sotheby’s reached its highest annual jewelry sales last year, at $460.5 million, with statement diamonds leading the sales.

As quoted in the market news:

Among the 2012 highlights:

* Sotheby’s Geneva set a new world auction record for any various-owner jewelry sale in May at $108.4 million.

* Across its worldwide salesrooms, Sotheby’s jewelry auctions sold an average of 84 percent by lot.

* 72 lots sold for more than $1 million, with six of those lots selling above $5 million.

Click here to read the full Forbes report.

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