Rago’s December Auctions Spark Jewelry Sales to a Record-Setting 2018

Lambertville, NJ: Rago Auctions’ November 30 and December 2 jewelry auctions brought in a total of $2,418,551 in sales for 147 consignors, increasing Rago’s 2018 jewelry sales by 24% over 2017 while retaining a stellar sell-through rate above 90%.

This 1103 lot, two-day sale included 636 lots of reserved fine jewelry selling for $2,105,313 and 467 lots selling unreserved for $298,175. The auctions attracted 1,000+ registered bidders online, 113 phone bidders, 109 in room and 82 absentee bidders. Approximately 20% of property sold online, 20% to absentee bidders, 30% to in-room bidders and 30% to phone bidders from the U.S. and abroad.

Lot 2518, 6.43 cts. Tiffany & Co. "Lucida" Diamond Ring; Sold for $187,500

Among the top lots: Lot 2518, a 6.43 cts. Tiffany & Co. "Lucida" Diamond Ring which sold for $187,500; Lot 2474, a 10.35 cts. Marquise Brilliant Cut Diamond Engagement Ring which sold for $68,750 against a high estimate of $25,000; Lot 2392, a Seaman Schepps Multi-Gem & Diamond "Garden" Bracelet which sold for $31,250; Lot 2174, a Fine Art Deco Cartier Diamond & Enameled Yellow Gold Table Box; and Lot 2003, a Tiffany & Co. Gold Japanesque Pendant Brooch that soared past its high estimate of $4,000 to acheive a final sale price of $10,000.