Van Cleef & Arpels: Investment In Luxury May 25, 2018 – Posted in: Our Blog
Aaron Signature School Series
Let’s examine some finance from Van Cleef & Arpels!
Creations made by Van Cleef & Arpels have 2 important sell prices to consider:
1. an initial luxury price tag when first purchased new
2. a future auction price
The “Camellia” design was created in the 1950s. A brooch and matching earrings in this design sold at auction is a great example! The brooch had an estimated diamond weight of 10.00 carats and sold for $93,750 USD. The matching pair of earrings with a sapphire weight of 14.50 carats and a total diamond weight of 6.00 carats sold for $56,250 USD.
Question: What does $13,125 USD get you at auction?
Answer: A seated dog with polished gold wire fur, a green onyx eye, and a black onyx nose!
Question: How much is that 18-karat gold and gem-set rabbit clip?
Answer: A mere $17,500!
Question: What is a recent auction price for a Van Cleef & Arpels custom jewelry piece made in 1939 with a “Mystery Setting”?
Answer: A steal back in 2009 at $326,500!
All of this adds up to massive value. In 2011, the company’s total sales were $525 million USD of which over $52 million USD were watch sales.
Stay tuned for more from Aaron Signature!