buying jewelry at auction

The two top benefits of buying at auction are the fair market value price and the selection of one-of-a-kind rings. Whether it is a sublime piece of Art Deco Cartier jewelry handcrafted in the 1920s or a rare limited edition Rolex watch, Fortuna is the perfect place for buyers to seek unique and singular pieces that can’t be found anywhere else on the market. Every item on this page was chosen by a Town & Country editor. This difference in price is due to the fact that the auction process does not offer the hands-on experience provided by a fine retail jeweler, including a fancy box, paperwork, an appraisal, and post-purchase care. Prior to her current role, Ms. Grogan worked as a Curatorial Assistant in Arts of the Americas at the Brooklyn Museum of Art, a Fine Art Consultant at Trailside Galleries in Jackson, Wyoming, and the Auction Coordinator for the Jackson Hole Art Auction. Go through all the lots before placing your bids: Go through the whole selection that's on offer before placing your bids to ensure you don’t miss the more attractive lots towards the end. Establish a limit for your bidding before going to the auction. Your invoice will include an insured shipping quote to the shipping address on your account. It can take a longer time to find the perfect ring at auction, but it is worth the wait! As a result of the current coronavirus situation, please be aware that delivery and shipments of property will be delayed. I am so so so happy to bring it to the block in February for #thewinterauction. Please note that bidders with no buying history with Fortuna will have to submit photo ID and credit card information to complete their registration. Ask questions! If it is an older piece of jewelry, you can check recent prices from similar sales to compare. Baublebar's Fun Summer Jewelry is Just $10, The Best Men's Slippers to Order Right Now. Please note, your credit card will receive a $1 test charge to verify that the credit card is valid. You may download the form for this purpose here and email the completed form to bids@fortunaauction.com. Generally speaking, the fair market value (for which an item tends to sell at auction) is approximately one-half to one-third the retail price, or what you can expect to spend at a high end retail jeweler. Sometimes, looking through a loupe, which a small magnifying glass used by jewelers, will show you any defects or damage. Fortuna's Bidding Services department will provide you with instructions on how to securely transmit that information. Learn more about how to register for a Freeman's LIVE account here. Speak directly with the jewelry specialist and ask for more photos, a condition report, and for any other information the specialist things is important for that specific lot. What are some of the benefits of buying a ring at auction? Generally speaking, the fair market value (for which an item tends to sell at auction) is approximately one-half to one-third the retail price, or what you can expect to spend at a high end retail jeweler.

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