People part with gold jewelry for a pretty penny i
In the gloom of the down economy, the price of gold has been an unusual
bright spot.
How bright? Enough that Cash4Gold, which buys old buy tiffany jewelry by mail,
could afford a prime Super Bowl ad starring Ed McMahon and M.C. Hammer.
Across the country -- and across North Texas -- people are responding to TV
spots, billboards and newspaper ads that promise to turn rings and trinkets into
cash.
Most discover that the metal is worth a fraction of the purchase price -- a
ring that sold for $150 a decade ago might be worth $50. But many sell the items
anyway, figuring that a bit of cash in the hand is better than an old ring stuck
in a drawer.
Compared with other used items, this may be a particularly good time to sell
gold, experts say. Collectibles and other commodities are flooding the market,
driving prices down. But gold was priced this week at better than $900 an ounce,
which is near a record high.
Gold has historically been a haven for investors in tough times because many
people have confidence that the precious metal will hold value when other
commodities are tanking. That faith persists in the current meltdown.
Combine high prices with a growing number of people nervous about their cash
flow and you generate the kind of revenue that pays for the Cash4Gold Super Bowl
ad. In the post-game buzz, some commentators said it was sad to see McMahon and
Hammer reduced to hawking a mail-in gold resale company.
But Cash4Gold founder Jeff Aronson said it reflects what's happening with the
economy. "I feel more sad when I see people being laid off from the largest
companies in America," he said.
Laid-off workers are some of his customers, and they're among those bringing
gold to pendants
jewelers in North Texas.
William Oyster, president of Dallas Gold & Silver Exchange in northwest
Dallas, said he's buying four times more gold now than last year.
"It started picking up about the middle of last year and since then we are
spending almost $10 million buying gold. We were spending half of that, about $5
million, before the price of gold went up," Oyster said.
Fuller's Jewelry Store in Addison is another of the many places in
North Texas where people can take gold for resale. Fuller's didn't buy scrap
gold until customers who saw the Cash4Gold ads asked about it, said Ken George,
who handles much of the gold purchasing and marketing for Fuller's.
George was tactful about the urgency some people are feeling about getting
money for their gold.
"We have been very pleased with the number of responses we are getting from
the advertising we're doing," he said.
Like many other places that buy gold, Fuller's says it's willing to help
newbie sellers learn the process. And getting smart about gold is a good idea,
said Chris Burgess, vice president and chief compliance officer for the Dallas
office of the Better Business Bureau.
He warns potential gold sellers to be prudent about their transactions.
Better Business Bureau offices across the country have been fielding complaints
about gold resale, he said.
Some of the complaints are about potential scams, but others are from people
who don't understand that a gold transaction isn't as simple as buying peas at
the grocery store: A low initial offer should be the start of a negotiation that
the seller can walk away from.
"There is a certain amount of dickering that has to be done in this
transaction, and there is not a lot of experience in the American public with
doing that," he said.
Consumers can check with the Better Business Bureau for ratings and
complaints about individual companies.
Cash4Gold, for instance gets a C+, which the Better Business Bureau considers
a "good rating." A relatively few customers from last year's 500,000
transactions complained about not getting their jewelry back fast
enough if they wanted a return, or not getting what they thought was a fair
offer.
Other places will pay more for gold, but they don't provide the same level of
convenience and service, Aronson said.
"I'm never going to be the highest payer on the street, nor do I ever want to
be," he said.
Fuller's has an A rating with the Better Business Bureau.
People seeking to resell their earrings
jewelry need to realize that it doesn't matter how pretty it is or how
much they liked it, George said. For scrap sale purposes, it might as well be a
hunk of ore.
"I'm just looking at it as raw materials," he said.
Al Dia staff writer Lorena Flores contributed to this report.
MARKET TEST
Wondering what your unwanted gold jewelry might be worth? We tested
the resale market with some trinkets -- three 14-karat gold rings and three
shiny charms that turned out to be gold-plated and essentially worthless.
Calculated worth:
We had 14.2 grams of 14-karat gold, which is 8.2 grams of actual gold. The
price for gold on the day we got our bids was about $29 per gram. So on the spot
market, we had about $238 worth of gold.
The offers:
--$150 for the rings from Fuller's Jewelry Store in Addison
--$110 for the rings, plus $3 for the golden flakes on the J-shaped trinket,
from the traveling GemCo appraisers who set up for the week in a Richardson
hotel
--$105 for the rings from Central Diamond Center in Richardson
What we learned:
--The offers will be much less than you originally paid.
--Don't be afraid to bargain; this is a negotiation.
--Go to several places.
--The more gold you have to sell, the better price you can get per ounce.
--"Golden" doesn't mean it's gold. Gold-plated key
rings jewelry has no gold resale value.
Jeffrey Weiss
WHAT'S IT WORTH?
Calculate what your gold is worth on the spot market:
--Find out what your gold weighs. Unless you own a jeweler's scale, you'll
probably need to go to a jewelry store.
--Find today's spot price for gold for whatever units of weight you have --
troy ounces, grams, pennyweights.
--Find out what karat your gold is. If you don't know, a jeweler should be
able to tell you.
--Calculate what percent of your jewelry is actual gold.
24-karate gold is 100 percent gold
18-karat gold is 75 percent gold
14-karat gold is 58.33 percent gold
10-karat gold is 41.67 percent gold
--For example, a 5-gram ring made of 14 karat gold contains 2.91 grams of
pure gold. If pure gold is selling for $29 a gram on the open market, 2.91 grams
of pure gold would be worth $84.58.
--The offer you get will be some fraction of the open market value, minus the
cost of handling and processing -- usually the material is sent to a smelting
company -- and the profit taken by the buyer.
A primer on units:
--Karats are a measure of the purity of the gold. Pure gold is 24 karats.
Most jewelry is 14-karat gold, which means that the other 10 karats are
copper, nickel or zinc. (Carats are different, used with gemstones.)
--Troy ounces are a little bit larger than the 16 avoirdupois ounces that
make up a pound.
--A pennyweight is 1/20th of a troy ounce.
Published Date:
27/10/2009
Modified Date:
27/10/2009
Designers Cozy Up to Layers, Warmer Fabrics
A Sunday appearance by the band Guns N' Roses in connection with New York Return to
Tiffany Week took place at the Gramercy Park Hotel. A Tuesday article about
designers adopting heavier, warmer fabrics incorrectly identified the location
as a John Varvatos boutique.
(WSJ February 19, 2010)
This winter's unexpectedly cold weather has done more than raise (mistaken)
doubts about global warming in some corners. It appears to have inspired several
New York designers to turn back to heavier, warmer fabrics for the collections
they plan to sell in the fall.
Tweed, mohair and wool flannel are sweeping the runways at New York Fashion
Week.
In fact, after nearly disappearing during the height of the recession, the
warmest material of all -- fur -- is making a high-profile comeback at the
weeklong parade of fashon shows that kicked off Thursday. Designers including
Catherine Malandrino, Alexander Wang, Rebecca Taylor, Diane von Furstenberg and
Zac Posen have Return to Tiffany
Heart tag pendant furs and fleeces, ranging from Himalayan fox and sable to
Mongolian lamb and goat, into their lines.
Furs were featured in collars and trim, knitted into sweaters, dyed, or sewn
together with fabric or leather, as in an elegant coat that Carolina Herrera
showed Monday morning at Manhattan's Bryant Park.
"Fall is a very luxurious season. Cashmere, tweed, mohair and fur, all of
these feel wonderful to the touch and look well mixed together," Ms. Herrera
said in an email after her show.
Heavy layers also were a major theme for fall 2010: coats over cardigans over
sweaters over shirts, with a scarf wrapped around the neck and long, long
leather gloves. Pants were presented under skirts, and leggings and leg warmers
remained a fixture. Richard Chai, for example, showed a look in which two cotton
shirts were worn over a henley and under a blazer.
The ultimate effect was warm and cozy -- which seems fitting for an industry
that keeps talking about a return to tradition, heritage, and familiarity, as
well as less lofty prices. That's an attempt to recapture consumers' interest in
shopping after a nearly two-year pullback in spending.
All those layered clothes and accessories -- legwarmers, gloves, vests --
also provide more items to sell.
Ms. Herrera -- a designer known more for her impeccable, rich clothes than
for trend setting -- Return to Tiffany
mini heart tags bracelet one of the more arresting looks so far. More than
the cut, it was the fabric, which resembled a watercolor of wood grain, that
stood out on three of her looks, a jacket, a dress, and then a gown. She called
the effect "faille brush stroke print."
Like a lot of designers this week, Ms. Herrera mixed her metaphors by pairing
differing materials and textures -- a technique that also creates a feeling of
layering. This worked especially well in a crocodile jacket with wool
sleeves.
It didn't work as well in Mr. Posen's collection, which he showed early
Monday morning to a room full of fashion editors, some of whom complained they
had been out too late the night before to see the band Guns N' Roses at an
after-party at the John Varvatos boutique.
Mr. Posen's first looks were clean and almost classic, but with verve. But
those that followed were often cluttered, with so many elements stitched
together that they appeared to swarm.
As he stepped out of Mr. Posen's runway show, retail executive Todd Hanshaw
said he will need to see the fabrics up close before making commitments to buy
the collection. "I have to see the weight. It's been a lot of heavy stuff this
season," said Mr. Hanshaw, divisional merchandise manager for the shops at the
Wynn Las Vegas casino, who is looking for lighter, more-seasonless fabrics.
Saks Fifth Avenue was undeterred, however. As she stepped out onto the
street, Colleen Sherin, fashion market director at Saks Inc.'s New York
flagship, said Mr. Posen's new lower-priced line, Z Spoke, is already selling
well online after being available only about a week. Z Spoke dresses are priced
from about $200 to $500. "It's a good price point," she said.
In its show at the Park Avenue Armory Sunday evening, Y-3's collection was
also full of warm woolens. The label is a collaboration between avant-garde
Japanese designer Yohji Yamamoto and athletic giant Adidas AG. The odd pairing
is producing versatile, wearable clothing that offers much for casual Fridays in
the office -- especially for men. That's because Mr. Yamamoto is a tailor, as
well as an artist.
While the collection won't work as everyday wear on Wall Street, the trench
and pea coats and a number of wool jackets offer the kind of well-constructed
edge that many men seek on dress-down days.
Donna Karan, the working woman's fashion advocate, used tweeds and Tiffany 1837 Round
lock pendant wools in a collection with dramatic collars and shoulders. It
included a number of "cocoon" coats -- so named because they envelop the body
like a cocoon -- and dresses that could work in a boardroom, a category that can
be hard to find at Fashion Week.
Ms. Karan described her system for the season in her notes: "Start with a
foundation dress," add a skirt or leggings and "throw on" a cocoon jacket or
coat.
Published Date:
12/03/2010
Modified Date:
12/03/2010
Iconic Music Imagery T-Shirts Combine Hip Fashion
Archive 1887 is built on over 100 years of music, specifically dating back to
Heart Link
lariat. Using rare photos and other never-before-seen relics from the Sony
Music archives, the brand has created a fresh take on the ultimate music
t-shirt.
The brainchild of diehard music fans, the mission was to make cool t-shirts
with a story, and to present a piece of music history in the form of authentic
one-of-a-kind t-shirts. Through exclusive access to historic behind-the-scenes
photos by music's infamous photographers like Jim Marshall and Mick Rock,
combined with amazing album artwork, posters, ticket stubs and other relics;
Archive 1887 created a line of wearable pieces of history which embody the vibe
and spirit of the time.
Each t-shirt comes with an interactive hang tag containing a digital playlist
from the artists' Link necklace, a
history of the artist's career and information on the unique elements
incorporated into the design. In addition, every t-shirt comes with a key that
can be worn as a necklace unlocking the "All Access" vault that opens up when
you wear an Archive 1887 creation.
The t-shirts are made in the sunny Los Angeles, California, from the softest
100% cotton. The graphics are expertly printed and feature unique placement and
innovative printing techniques, not to mention the distinct look and design that
our t-shirts have from using the most selective and exclusive artwork from our
authentic archives! The T-shirt styles range from a classic crew, to more
fashionable fits for Men, Women, and Kids.
Archive 1887 will be sold at Barneys New York and specialty boutiques across
North America, as well Europe and Asia. Namaste will be the exclusive showroom
for the US and Canada.
Archive 1887 will showcase their line at ENK Las Vegas starting on today,
Tuesday February 16th, through Thursday February 18th at Paloma's X
earrings 1302.
For more information on Archive 1887 go to www.archive1887.com.
Published Date:
12/03/2010
Modified Date:
12/03/2010
British Fashion Designer Alexander McQueen Dies
PARIS--Provocative British designer Alexander McQueen has died, the cheap cufflinks that
owns his eponymous fashion house said Thursday.
"He has passed away," said a spokeswoman for Gucci Group, part of Paris's
retail-to-luxury group PPR SA. Mr. McQueen's body was found at his London home
Thursday morning, according to Samantha Garrett, a spokeswoman for the British
fashion icon.
Little was immediately known about the circumstances surrounding his death,
which came as the fashion elite gathered in New York for the start of fashion
week, but police said it wasn't being treated as suspicious.
Recently posted comments on his Twitter page showed signs of anguish over the
Feb. 2 death of his mother. He said he wanted his mother to rest in peace,
adding "but life must go on!!!!!!!!!!!!!!" The British designer's death also
comes three years after the suicide of fashion guru Isabella Blow, who helped
launch Mr. McQueen's career.
Mr. McQueen was the creative chief behind the brand he founded in the 1990s
and sold to Gucci Group in 2000. His dramatic designs, such as reptilian dresses
and hoof-like shoes, were met with critical acclaim--he was named British
Fashion Designer of the Year on four separate occasions. Yet he struggled to get
cheap earrings
success.
"He's such an amazing talent. It's hard to put into words. That's a gigantic
loss to the fashion world," said Simon Doonan, creative director at Barneys New
York, which carries the Alexander McQueen brand. "His shows were just so
extraordinary and such amazing hire-wire acts of creative tension it sort of
raised the bar on what people perceived as a fashion show."
Mr. McQueen, who was also once the designer for French fashion house
Givenchy, was due to present his collection during Paris fashion week in less
than a month. A presentation of his secondary label, McQ, had been scheduled for
Thursday's opening day of New York fashion week. Mr. McQueen had never been
expected at the show, which was quickly canceled.
News of the designer's death sent shock waves through the fashion industry,
casting a pall over New York fashion week. "I think everybody is absolutely
devastated and shocked," said Linda Fargo, women's fashion director at Bergdorf
Goodman. "Life churns on, but you feel it here [at the tents]. Everybody's
feeling not good this morning."
Fashion designer Richard Chai, who learned of the news as he was preparing
for his 11 a.m. show at Bryant Park, called Mr. McQueen's death a tragedy. "He
was a genius. I really have no words. It is just sad," he said.
Known for his dramatic statement pieces and impeccable tailoring, Mr. McQueen
helped raise the profile of British fashion and was recognized by Queen
Elizabeth II in 2003 when she made him a Commander of the British Empire for his
fashion leadership.
The designer received his training at London's Central St. Martin's College
of Art and Design, cheap jewelry
recognized for its fashion-forward approach and encouragement of young
designers. He worked for traditional Savile Row tailors Anderson and Sheppard,
and Gieves and Hawkes before branching out into his own more theatrical
designs.
"He was 16 when he came here," said John Hitchcock of Anderson and Sheppard.
"He was a boy from Essex, he wanted to learn tailoring. He was a little bit
different--he was very ambitious."
The Associated Press and Ray A. Smith contributed to this article.
Published Date:
11/03/2010
Modified Date:
11/03/2010
Robinson set to compete at National History Day at
Frink Middle School student Nicole Robinson plans to compete next month in
Greenville during a National History Day event.
Robinson, 13, said she has a passion for women's fashion tiffany, so after watching a movie
two years ago about French fashion designer Coco Chanel, she decided to portray
Chanel's life during National History Day.
Twenty-two students from Frink will participate in the event on March 31,
which will feature regional contestants. Each student studied the lives of those
in history that made impacts on society and will present a living history
program at East Carolina University based on research.
Frink teacher Chris McAllister said each student's presentation will feature
a 2000-word essay and display boards on the person they selected from the
history books.
"The students will portray a historical person in the first person,"
McAllister said. "Students become the person they studied."
Robinson said she selected Chanel after discovering Chanel's impact on
women's fashion beginning during the early 1900s.
"She made womens' clothing more fashionable and functional," Robinson said.
"cheap bangles also
founded the little black dress worn by women today."
Robinson said Chanel was born on Aug. 13, 1883 and later died during 1972.
Chanel moved to New York City, where she lived during the 1920s and 1930s.
Chanel also launched a perfume line named Chanel 5.
Robinson will wear a Chanel-designed little black dress, hat and additional
accessories when she presents at ECU next month.
"Nicole will begin her presentation speaking in French," McAllister said.
"It's amazing to watch Nicole transform into CoCo."
Acting in plays and dramas is also a passion for Robinson, who has performed
in class plays at Frink for the past three years. She said she hopes to continue
acting when she attends North Lenoir High School next year.
Robinson said she hopes to attend the University of North Carolina at cheap bracelets Hill
after her high school career.
"I plan to study science," she said. "Eventually, I'd like to live in
Raleigh."
Published Date:
11/03/2010
Modified Date:
11/03/2010
Sales of 1,000 Exclusively
As elegant as it is powerful, the special Edition S550 sedan features
exclusive cheap
cufflinks White metallic exterior paint, Sahara Beige/Black interior, and
20" AMG 5-spoke light-alloy wheels with high-performance tires. A car for those
who appreciate superior handling and power, the S550's 5.5-liter, 382-horsepower
V-8 engine will rocket this sedan from 0-60 mph in only 5.4 seconds.
"The S550 offers auto enthusiasts not only what they've come to expect from
Mercedes-Benz -- progressive automotive design, award-winning technical
innovations and unparalleled performance -- but now, as part of KEY TO THE CURE,
a unique opportunity to help make a difference in the fight against cancer,"
said Steve Cannon, vice president of marketing for Mercedes-Benz USA. "This is a
cause that touches so many lives and we are proud to partner with Saks Fifth
Avenue and the Entertainment Industry Foundation in this important campaign."
The Special Edition S550 is equipped with:
-- Diamond White Metallic Paint
-- Exclusive Sahara Beige / Black Leather Interior with Burl cheap earrings Trim
-- 20" AMG 5-spoke light-alloy wheels with high-performance tires
-- Sport bodystyling (front air dam, side skirts and rear bumper with dual
stainless-steel exhaust)
-- Available 4MATIC all-wheel drive
Known world-wide for achieving the best in luxury, safety and comfort, the
Signature Edition S550 also features AIRMATIC air suspension with Adaptive
Damping System, heated and active-ventilated drive-dynamic multicontour front
seats with 4-level massage feature, a power sunroof, PARKTRONIC audiovisual
parking assist, KEYLESS GO, electronic trunk closer, and a rear view camera.
Each Special Edition S550 sedan is also equipped with GPS navigation and a
14-speaker harman/kardon LOGIC7 surround sound system with Dolby Digital 5.1,
SIRIUS satellite radio, an in-dash 6-disc DVD/CD changer, an in-dash memory card
reader, voice control for audio, telephone and navigation, and an iPod
integration kit.
To celebrate the 10th Anniversary of KEY TO THE CURE and give a voice to
those the campaign supports, Saks Fifth Avenue, EIF and Mercedes-Benz USA is
co-sponsoring a road trip, during which blogger Lori Raimondo is traveling in
the special edition Mercedes-Benz to Saks Fifth Avenue stores across the
country. Lori began the journey in San Francisco and is making stops in Beverly
Hills, Phoenix, Dallas, Atlanta, Indianapolis, Chicago, Chevy Chase, and New
York. The Saks Fifth Avenue store in each city is hosting Lori and introducing
her to cancer survivors, community partners, local businesses, and media. Lori
is blogging about her trip on http://www.kttcroadtrip.com, where readers can
share their personal stories.
Adding additional star power to the campaign, Academy Award(R) winning
actress Gwyneth cheap jewelry has
been named Entertainment Industry Foundation ambassador for Saks Fifth Avenue's
2008 KEY TO THE CURE and will show her support by wearing this year's KEY TO THE
CURE limited edition t-shirt designed by Karl Lagerfeld. Ms. Paltrow will appear
in promotional materials and in a national public service announcement (PSA) to
bring attention to this critical issue. The PSA will appear in major fashion and
lifestyle magazines this fall.
Saks Fifth Avenue's charity shopping weekend will take place October 16th to
19th at all of its stores nationwide and through saks.com, during which 2% of
sales will benefit local organizations through EIF's Women's Cancer Research
Fund. The Special Edition S550 sedan will be displayed at Saks Fifth Avenue
stores during this timeframe. Additionally, the limited edition t-shirt will
retail for $40 (over $35 to charity), exclusively to benefit KEY TO THE CURE and
will be available at Saks Fifth Avenue beginning October 1st.
Funds raised for Saks Fifth Avenue's KEY TO THE CURE will benefit more than
50 charitable programs nationwide dedicated to finding new detection methods,
treatments and cures for women's cancers. Organizations benefiting from these
funds include: EIF's Women's Cancer Research Fund; The Breast Cancer Research
Foundation; the Cleveland Clinic; Boston's Dana-Farber Cancer Institute; the
Nevada Cancer Institute; and many others.
Mercedes-Benz USA
Mercedes-Benz USA, headquartered in Montvale, New Jersey, is responsible for
the sales, marketing and service of all Mercedes-Benz products in the United
States. In 2007, MBUSA achieved an all-time sales record of 253,433 new
vehicles, setting the highest sales volume ever in its history. More information
on tiffany
bracelets and its products can be found on the Internet at
http://www.mbusa.com.
EIF's Women's Cancer Research Fund
The Women's Cancer Research Fund, a program of the Entertainment Industry
Foundation, was established by Chairs Rita Wilson, Tom Hanks, Kate Capshaw and
Steven Spielberg, along with Founders Kelly Chapman Meyer, Anne Douglas, Quinn
Ezralow, Marion Laurie and Jamie Tisch. The Women's Cancer Research Fund
supports innovative research, education, and outreach directed at the
development of more effective approaches to the early diagnosis, treatment and
prevention of all women's cancers.
Entertainment Industry Foundation
As a philanthropic leader of the entertainment industry, the Entertainment
Industry Foundation has distributed hundreds of millions of dollars -- and
provided countless volunteer hours -- to support charitable initiatives
addressing some of the most critical issues facing society today. For more
information, visit http://www.eifoundation.org.
Saks Fifth Avenue
Saks Fifth Avenue, one of the world's pre-eminent specialty retailers, is
renowned for its superlative American and international designer collections,
its expertly edited assortment of handbags, shoes, jewelry, cosmetics
and home furnishings, and the first-rate fashion expertise and exemplary client
service of its Associates. Today, Saks operates 54 full-line stores in 25
states,
2 stores in the Middle East in Dubai and Riyadh, 49 OFF 5th Outlet Stores and
saks.com, the tiffany
earrings online store.
Published Date:
10/03/2010
Modified Date:
10/03/2010
FRIENDLY PRICED SALE JEWELS N' MORE AT RUNNELLS SP
Union County issued the following news release:
The Thursday, October 9th sale of the Volunteer Guild of RUNNELLS tiffany Hospital of Union County will
feature sterling silver and fashion costume jewelry from Jewels N'
More. Make your selections from pins, earrings, bracelets, anklets, necklaces
and rings that will be on sale in the facility's multi-purpose room, 40 Watchung
Way, Berkeley Heights. Sale hours will be 8:00 a.m. to 4:00 p.m. All major
credit cards accepted.
"All sales are open to the public," said Union County Freeholder Chester
Holmes, liaison to RUNNELLS SpecializedHospital. "A percentage of each purchase
made at these sales is credited to the Volunteer Guild. They use all funds
raised to enrich the lives of residents and patients by obtaining items that may
include cheap
bangles, DVD players/VCR's and prizes for their bingo games as well as
paying for a variety of entertainment throughout the year. The Guild, which
makes vendor sales possible, also sponsors a holiday party/gift distribution and
a summer ice cream social in cooperation with the Berkeley Heights Lions
Club."
The Volunteer Guild and the Office of Volunteer Services of RUNNELLS
Specialized Hospital are always interested in recruiting volunteers. Flexible
hours and a variety of opportunities exist with resident contact as well as
performing other tasks. Anyone who would like further information should call
the Office of Volunteer Services at 908-771-5847.
Contact: M. 'Peggy' Salisbury, 908/771-5730; cheap bracelets T.
Sheld, 908/771-5815.
M. 'Peggy' Salisbury, 908/771-5730; Norma T. Sheld, 908/771-5815.
Published Date:
10/03/2010
Modified Date:
10/03/2010
World Records Set at Skinner's Fine Wine Sale
Skinner, one of the nation's leading auction houses for antiques and fine
art, today announced it has set tiffany bracelets world
records for some of the most expensive bottles of fine wine sold at auction. At
the recent Boston sale of Fine Wines, held September 19, 2008, Skinner sold
three bottles of Domaine de la Romanee Conti, Romanee Conti 1911 for $60,750,
including buyer's premium. The lot was estimated at $15/20,000. Other record
breaking lots included Lot 105, Screaming Eagle (est. $2/3,000) which sold for
$4,860, as well as Lot 76, Harlan Estate 1993 (est. $1,3/1,900) which sold for
$2,430. 93% of the nearly 300 lots were sold, bringing the total sale to
$526,617.45. In partnership with Lower Falls Wine Company, Skinner is the only
major auction house in New England to offer fine wines at auction.
"Boston has emerged as a strong contender in the fine wine market as prices
realized at our last auction are just as competitive as those realized in the
New York, Chicago and west coast auctions," said Marie Keep, director of Fine
Wines, Skinner Inc. "Despite current market conditions, there is an excitement
around fine wine that does not waiver in the wake of uncertainty in the
financial market. History has shown that fine wine remains a safe haven for
buyers who value the investment of a fantastic bottle of vintage wine."
The Skinner Fine Wine auction produced strong prices across the nearly 300
lots of Bordeaux, tiffany rings,
Champagne and Port. Other top lots included Lot 142, Chateau Pichon Longueville,
Lalande 2000 (est. $1,8/2,400) which sold for $2,795, Lot 3, Chateau La Mission
Haut Brion 1989 (est. $9,5/14,000) which sold for $12,150 and Lot 215, Domaine
de la Romanee Conti, La Tache 1972 (est. $1,6/2,400) which sold for $3,645.
At the sale, there was an excitement among buyers given the impressive lots
featured and an interest in bidding, regardless of volatile conditions
surrounding today's consumer. A social event, the auction not only produced
notable sales but offered folks a night out in Boston to celebrate their
purchase and indulge in lively conversation around the joy of fine wine.
The next Skinner auction of Fine Wines will be held in early spring 2009, in
Skinner's Boston gallery.
About Skinner
Skinner, Inc. is one of the nation's leading auction houses for antiques and
fine art. With expertise in over 20 specialty collecting areas, Skinner draws
the interest of buyers from all over the world and its auctions regularly
achieve world record prices. Skinner provides a broad range of auction and
appraisal services, and it is widely regarded as one of the most trusted names
in the auction business. Skinner's appraisal experts regularly appear on the
PBS-TV series, Antiques Roadshow, and its specialty departments include American
Furniture & Decorative Arts, American & European Paintings & Prints,
European Furniture & Decorative Arts, 20th Century Design, Fine Ceramics,
Fine Silver, Fine Jewelry, Couture, Fine Musical Instruments, Asian
Works of Art, Fine Wines, Rare Books & Manuscripts, Science &
Technology, Oriental Rugs & Carpets, American Indian & Ethnographic Art,
Fine Judaica, Antique Motor Vehicles, Toys, Dolls & Collectibles, and
Discovery. Skinner galleries tiffany
bracelets located in Boston and Bolton, Mass. For more information on
upcoming auctions and events, visit Skinner's web site http://www.skinnerinc.com
Published Date:
09/03/2010
Modified Date:
09/03/2010