Posts Tagged ‘ Asia ’

Christie’s Announces Details of Elizabeth Taylor’s Jewelry Auction

Hello lovely Raymond Lee fans and readers. Today’s buzz is all about the newly released details of Christie’s auction of Elizabeth Taylor’s jewelry collection. Not too long ago, we paid homage to some of Liz’s most famous baubles and showcased what would be in our fantasy Elizabeth Taylor Jewelry Auction.

Now that Christie’s has announced what jewels will actually be up on the block, we thought we’d share the dazzling results of our predictions. Read on for the inside scoop, courtesy of National Jeweler.

The Taj Mahal diamond is up for grabs, and is expected to fetch between $300,000  and $500,000 on its December 13th Christie’s debut.

This Van Cleef & Arpels 8 carat ruby and diamond stunner was Richard Burton’s Christmas gift to Liz in 1968. The ring is estimated to realize $1 million – $1.5 million at the first of two days of Christie’s auctions, Dec. 13.

These rings are Burtona nd Taylor’s wedding bands (from at least one of their fabled marriages). They are estimated to go for between $6,000 and $8,000 at their December 14th auction.

Finally, the star of the show is the Krupp/Elizabeth Taylor diamond. This 33-carat, D color, VS1 clarity, potentially internally flawless stone, was a gift to the actress from Burton “and is the perceived top lot of the auction, estimated to realize $2.5 million – $3.5 million at auction Dec. 13,” according to National Jeweler.

François Curiel, international jewelry director and president of Christie’s Asia, says of the lot:

“Elizabeth Taylor’s passion for jewelry was well-known, but it is her depth of knowledge about fine jewelry that truly impresses. She collected the best pieces from the best periods, and as a result her collection boasts exquisite examples from the most celebrated jewelry designers.”

Partial proceeds of the auction will benefit the Elizabeth Taylor Aids Foundation, founded in 1991 to provide funding to AIDS service organizations throughout the world to assist those living with HIV and AIDS.\

Liz for Raymond Lee Jewelers, your trusted source for industry news and estate jewelry.

ALL ABOUT THE IWJG AND THEIR UPCOMING SHOW IN L.A., CA

ALL ABOUT THE IWJG AND THEIR UPCOMING SHOW IN L.A., CA

So on August 22nd and 23rd, the world greatest and best watch and jewelry membership guild for buying, selling and exchanging collectibles and antiques all over the world.  

BURLEY BULLOCK

BURLEY BULLOCK

They were founded in 1988 by Burley Bullock who is the corner stone  for one of the successful watch exchange in the U.S.A.  Now a family affair, exhibits and shows are held year round in major cities across the states.  These shows are not open to the public, only serious collectors and re-sellers are allowed, so the members are guaranteed to get a captured audience with serious buyers.

IWJG

CLICK FOR MORE EVENT LISTINGS

The main attractions will be held at the Hilton in Universal City and within walking distance to the famous Hollywood! It doesn’t get anymore glamorous than this!  For protection for the exhibitors and attendees, security is on hand to ensure a safe and happy time for all.  Members will also receive several newsletters informing them of the latest prices and trends so they can keep updated in one easy and convenient source.

CLICK FOR MORE EVENT DATES AND LOCATIONS

Raymond Lee Jewelers will be on hand of course to look for the unique and true “works of art” to bring back and showcase in their Boca Raton, FL location.  We have developed the reputation of being the best, are not going to let anyone down this time either.

By MK, writer for Raymond Lee Jewelers, Boca Raton’s premier Jewelry Store and Luxury Watch Store!

WHERE TO WATCH YOUR WATCH AND POLISH YOUR DIAMONDS

On August 21 st and 22nd, Los Anglees, CA

… will be host to the world of watch and jewelery dealers! Asia, South America, even your favorite retailer, Raymond Lee Jewelers!  So wish I could be there also! Nothing I love more than fun in the sun AND beautiful works of art in watches and jewelery design.

See What Other Events We Have Coming Up!

The Hilton Hotel at Universal City will be the main focus of all watch and jewelery dealers and resellers everywhere!  Many trends are discovered and “inspired” by these shows, and LA promises nothing less! Glamour in LA, where else can the center of the world bring everyone in to show off their very best!

mira dragonfly, luxury watches, raymond lee

See more like it, click here!~

Maybe we will also see the some great pieces from the “New Boy on the Block”, Antione Martin.  His first watch with his own design of Swiss club-tooth escapement movement has finally hit the market and is all the rave among the exclusive watch enthusiasts! What a piece of art this new watch is!  There are so many new and innovative designs to keep the younger generation interested in buying and wearing a watch vs using the phone for their main time keeper.  Look at these ladies watches from Mira in the Celestial Collection.  AMAZING!

 

Around the World and Back Again: Raymond Lee Jewelers Events

‘Rapid Reporting’ of Jewelry Industry Trade Shows Continues !

New York, Hong Kong and Chicago

Remember to visit the Raymond Lee Jewelers exhibitor area during the New York Antique Jewelry & Watch Show from July 22-25 in NY, New York. The 2011 New York antique jewelry & watch show will be held at the Metropolitan Pavilion, 125 W. 18th St., New York, NY 10011.

Date and Time Trade Show Specs: 

Friday, July 22

1 pm to 7 pm

Saturday-Sunday, July 23 – 24

11 am to 7 pm

Monday, July 25

11 am to 4 pm

The show, which runs from July 22-25, will be celebrating five successful years and a sold out show.  “Our location, in the jewelry capital of the world, makes this show extremely popular amongst dealers,” stated Andrea Canady, Fair Director. “This show provides an intimate setting for dealers and buyers to converge and conduct business. The show sees heavy public traffic as they enjoy this rare opportunity to shop where the dealers buy.”

For more information about the show, or to purchase tickets, please call (239) 732-6642 or visit The New York Antique Jewelry & Watch Show.

(Exciting Announcement: We are a Featured Exhibitor of the New York Antique Jewelry & Watch Show 2011, and will be interviewing with Forbes magazine while the event is taking place!  Next year we will be exhibiting at the very first Chicago Antique Jewelry & Watch Show, from April 20 – 22, 2012!)

—————————————->>>

Then, back to Hong Kong!

This September, Raymond Lee Jewelers will be exhibiting at the world famous ‘September Hong Kong Jewellery & Gem Fair‘ from September 21-25, 2011.

If you’re in the Asian area, come see our premium selection of antique jewellery and watches!

You will find us at:

HKCEC

Rapaport Reports on Jewelry Industry Inflation and Diamond Trading Trending

Rapaport Reporting: Jewelry Industry Inflation

From: rapaportgroup  | Jun 23, 2011  | 95 views
RAPAPORT…
Jewelry inflation in the U.S. continues as the price of precious metals and diamonds climb. According to comScore, the popularity of online video and the ever-changing habits of viewers present an opportunity to advertise your brand.
A report from Rice Universityassociate professor of management, Utpal Dholakia, businesses can gain traction using “daily deals” websites, but there are many elements a brand must consider. Over the next few years, it is likely that daily deal sites will have to settle for lower shares of revenues from businesses compared with their current levels, and it will be harder and more expensive for them to find viable candidates to fill their pipelines of daily deals, according to Dholakia. In his third study – the most exhaustive study done to date on the daily deals industry – Dholakia found that there is very little difference between companies in the ever-expanding competition for consumer dollars, and it will be difficult for any one site to stand out from the others.”

Rapaport – Information That Means Business

Check out what Rapaport Reported on the Success of the

June Hong Kong Jewellery & Gem Fair!!!

See Video HERE: 2011 JUNE HONG KONG JEWELLERY & GEM FAIR

The Hong Kong International Jewellery Show wrapped up this week on an extremely positive note with a new record of 37,000 total attendees. The show attracted more than 2,800 exhibitors from 46 countries and regions — making it the largest for this show’s history. The number of buyers increased by 16 percent overall and the number of overseas buyers increased by 23 percent, led by Hong Kong’s three major export markets for fine jewelry — buyers from the U.S. rose 22 percent; buyers from France increased by 30 percent and buyers from Switzerland rose 6 percent. Buyers from emerging markets increased as well. Buyers from the Chinese mainland rose 33 percent, buyers from India rose 41 percent, Russian buyers in attendance increased 27 percent, Brazilian buyers rose 29 percent and there were 16 percent more buyers from Japan at this year’s show.

The Diamond Trading Company opened its 2012-contract period sightholder process this week. Those intending to register for this first round for sights in London, Botswana and Canada must submit audited financial information and a meet certain requirements regarding minimum revenue stream and rough utilization during each of the past three years. Applicants for sights in South Africa and Namibia have lower minimum requirements. All applicants must prove that they adhere to De Beers best practice principles and guarantee that they never traded diamonds outside of the Kimberley Process. The next phase of the sightholder application begins on April 18.  More information is available here.

June Hong Kong Jewellery & Gem Fair 2011: ‘Rapid Reporting’ Recap by Raymond Lee Jewelers

Raymond Lee Jewelers

‘Rapid Reporting’

Top of the morning to you, everybody. I trust that everyone has rested up and recharged their batteries, ready to dive into a paramount and productive week. 🙂

If not, please go grab yourself a nice hot cup of coffee, send me one, and let’s get to some seriously ‘Rapid Reporting‘ of the June Hong Kong Jewellery & Gem Fair 2011 recap.

Hong Kong Jewellery and Gem Fair 2011

On the final day of The June Hong Kong Jewellery & Gem Fair, one of the top three jewellery shows in Asia, held at the Hong Kong Convention and Exhibition Center, had already been attended by 19, 968 visitors.  According to JewelleryNetAsia.com, the number of both unique and return attendees to this years June Hong Kong Jewellery & Gem Fair had shown an increase of 21.5%, compared to the statistics of last June.

From the first day of registration, where overwhelming lines and unexpected spikes in visitors surprised event coordinators, a foreshadowing of one of the most successful years for the Jewellery & Gem Fair was underway. On the first day of the fair, June 23rd, the Antique Jewelry Hall required an additional floor of exhibitor space to accommodate the heightened intrigue with antique jewelry.

By the time press releases from Asia could be found online, initial reports related to the jewelry fair were enthusiastically announcing the June Hong Kong Jewellery & Gem Fair 2011 had opened to a record breaking turnout of buyers, exhibitors and enthusiasts.

HONG KONG, June 23, 2011 /PRNewswire-Asia/ — June Hong Kong Jewellery & Gem Fair 2011

Jime Essink, President and CEO of UBM Asia said: “We are delighted that the June Hong Kong Jewellery & Gem Fair hits a new record high of 1,600 exhibitors this year, a 25% rise on 2010. This further confirms that jewellers around the world recognise the value of joining the June Fair.”

Celine Lau, Director of Jewellery Fairs, UBM Asia Ltd said: “The June Fair is an important event in the trade show calendar. To mitigate the risk of holding too much stock, buyers prefer to make more frequent sourcing trips. This propels the growth of the June Fair which presents buyers with the opportunity to source from quality suppliers from around the world every mid-year.”

Over 60% of those attending the Jewellery & Gem Fair in Hong Kong traveled from overseas, just as Raymond Lee Jewelers did. The June Hong Kong Jewellery & Gem Fair 2011 attracted more than 1,596 companies from around the world, with 19,968 visitors from 102 countries and regions having visited the fair before the final day had commenced. The top five of those visiting countries include China, India, Taiwan, Philippines and Thailand.

Statistics Provided by JewelleryNetAsia.com

Numbers of Visitors as Reported by the June Hong Kong Jewellery & Gem Fair:

  • Day one: 9, 835
  • Day two: 5, 771
  • Day three: 4, 362

Cartier Hong Kong

 In addition to the incredible turnout of the June Hong Kong Jewellery & Gem Fair, the trip of our President and VP to Asia proved to include a surprise set of front row seats of the strengthening overseas economy. Just as the diamonds, pearls and gemstones from all over the world were illuminating the streets of Hong Kong for the Jewellery & Gem Fair, the prevalent and increasing use of the euro as currency seemed to shed a bright light on the dedication of  both China and Japan, Asia’s first and second largest economy and foreign exchange reserves powers, to bring financial stability to Europe.

As China’s most valuable economic partner, Europe is being strongly supported in Asian markets. Several reports have been published recently by French media outlets, confirming that the Chinese have taken several different actions which show their support and dedication to the financial recovery of Europe.

Japanese Finance Minister Yoshihiko Noda 21, also said it would continue through the purchase by the European Financial Stability Fund bonds, etc., to help Europe deal with the debt crisis.

Having traveled from The States, where citizens have spent the past few years fighting a seemingly endless battle for survival through grave economic uncertainties, the scenery of Hong Kong was something so far from the picture of pinching pennies. In the photographs my boss was able to send, it is clear to see upon first glance the current state of world economy, captured in the images of consumers in Hong Kong.

Locals of Hong Kong, and those who traveled from China’s mainland in avoidance of the sales tax, formed lines which wrapped around the block, eagerly awaiting to enter the retail priced storefronts of such names as Cartier, Chanel and Gucci. Business was booming, and not just at The June Hong Kong Jewellery & Gem Fair… Business in Hong Kong seems to be booming everywhere!

Louis Vuitton Hong Kong

Hong Kong Jewellery & Gem Fair Rapid Reporting

‘Rapid Reporting’

 Raymond Lee Jewelers

June Hong Kong Jewellery & Gem Fair 2011

June Hong Kong Jewellery & Gem Fair 2011

We have received word from the Raymond Lee Jewelers crew currently across the world, exhibiting at the June Hong Kong Jewellery & Gem Fair 2011, the largest jewelry trade show in Asia.  Thanks to a few great bosses who took the time to keep us up in the loop checked in with us back here in The States with notations of observation on the unfolding trade show action, I have my hands on some very interesting  information and illustrious images of the June Hong Kong Jewellery & Gem Fair 2011.

On this 23rd day of June, I am pleased to present you with with the following installment of jewelry industry trade show. . .

Rapid Reporting‘  .  by  .  Raymond Lee Jewelers 

There has been a buzz making its way through the jewelry industry in regard to an increased demand for antique jewelry. The proof of that surge was exposed on the first day of the June Hong Kong Jewellery & Gem Fair 2011, as the antique jewelry section of the exhibition venue has doubled in size since last year.

I was informed that UBM had to split exhibitors of antique jewelry into two floors, in order to provide sufficient display and browsing room for both exhibitors and attendees of the show with a fixed focus on antique jewelry.

As reported by the Diamond News Center in Israel:

‘Hong Kong June Expo Sees Record Number of Visitors on Opening Day’

23.06.11, 13:46 

“The June Hong Kong Jewellery & Gem Fair opened Thursday to record numbers of both visitors and exhibitors. Registration lines were longer than expected because of the high demand.”

“The exhibition’s organizers are pleased with this year’s show and say that it is hosting over 1,500 exhibitors from 37 countries, a 20% increase over last year.”

Raymond Lee Jewelers: June Hong Kong Jewellery & Gem Fair 2011

Raymond Lee Jewelers: Hong Kong Jewellery & Gem Fair 2011

More  Rapid Reporting  to  follow  !

Stay  Tuned .

– Alexandra

Raymond Lee Jewelers

The June Hong Kong Jewellery & Gem Fair, organized by UBM, has over 19.000 professional buyers from 100 countries. Although the June fair is smaller than the one in September, its strengths lie in the fact that the September Fair sales already start in June. In 2010 AWDC set up a group pavilion of over 500 m² and 41 exhibitors.

  – Published By: AWDC

June Hong Kong Jewellery & Gem Fair 2011: Rapid Reporting by Raymond Lee Jewelers

Jewelry Industry Trade Show: Rapid Reporting

June Hong Kong Jewellery & Gem Fair

Raymond Lee Jewelers President and Vice President, Jeff and Lee Josephson have arrived in Hong Kong to exhibit a carefully chosen selection of our most exquisite jewelry at the June Hong Kong Jewellery & Gem Fair 2011. The largest trade show of its kind in Asia will begin tomorrow, June 23rd and continue through June 26th.

Arrival: Confirmed

Our previous coverage of the Las Vegas Antique Jewelry Show ‘Rapid Reporting’ received such a warm response, that we have decided to do our very best to bring you the most recent insights and inside updates on the Jewelry Industry Trade Show events in which Raymond Lee Jewelers exhibits.

🙂 The show literally has, gone on the road...

Raymond Lee Jewelers ‘Rapid Reporting’ from Hong Kong:

The June Hong Kong Jewellery & Gem Fair features over 3,000 exhibitors spread over 120,000 square meters of exhibitions space in two venues: the AsiaWorld-Expo (AWE) and the Hong Kong Convention & Exhibition Centre (HKCEC). Celebrating it’s 24th Anniversary, let’s check in with UBM‘s June Jewellery & Gem Fair 2011!

June Hong Kong Antique Jewellery & Gem Fair 2011: UBM

June Hong Kong Jewellery & Gem Fair
Hong Kong Convention Center
www.Jewellerynetasia.com

Hong Kong Jewellery & Gem Fair 2011: Raymond Lee Jewelers, Booth 1M055-57

Raymond Lee Jewelers: 

  • Hall 1ABC

  • 1M055 – 1M057

From Las Vegas, New York and Hong Kong, The Antique Jewelry Trade Shows Go On!

June Hong Kong Jewellery & Gem Fair
Location: Hong Kong Exhibtion & Convention Centre

1 Expo Drive, Hong Kong Island – 2582 8888

Already Asia’s biggest show of its kind, the June Hong Kong Jewellery & Gem Fair took its leadership further in 2009 by becoming the world ’s biggest jewellery fair in terms of number of exhibitors. The Fair featured over 3,000 exhibitors spread over 120,000 square meters of exhibitions space in two venues: the AsiaWorld-Expo (AWE) and the Hong Kong Convention & Exhibition Centre (HKCEC).

The June Fair in 2011 will follow the same track: Perfect timing, ideal location and professional organisation are just some of the many factors that make the JUNE HONG KONG JEWELLERY & GEM FAIR one of the top three jewellery events in Asia. With its track record of excellence, the June Fair attracts thousands of buyers from over 100 countries and regions, who are ready to replenish their inventories. Celebrating its 24th anniversary, the Fair is out to prove itself once again as an effective marketplace for the jewellery trade.

Dates and Times: June 23 – 26, 2011

You can find us at Hall: 1ABC
Booth # 1M055-57

Be sure to visit http://exhibitions.jewellerynetasia.com/exhibitions/default.asp?siteid=4⟨=1 for more information

Antique Jewelry & Watch Trade Shows 2011

 

 

 

 

 

New York Antique Jewelry and Watch Show

Location:  The Metropolitan Pavillion
New York, NY

Description:  The New York Antique Jewelry & Watch Show is the largest trade only show serving serving the antique jewelry and watch industry. The extensive variety of merchandise makes this show popular with serious jewelry buyers and collectors.

Dates and Times: Friday, July 22
1 pm to 7 pm

Saturday-Sunday, July 23 – 24
11 am to 7 pm

Monday, July 25
11 am to 4 pm
http://www.newyorkantiquejewelryandwatchshow.com/Home.aspx

 

 

Antique Jewelry & Watch Trade Shows 2011

IWJG International Watch and Jewelry Guild (NYC, NY)

Location: Doubletree Chelsea Hotel
128 W. 29th St
New York, N.Y. 10001

Description: The IWJG holds 12-14 trade shows per year, exclusively for our members. (The general public may not attend.) This is your opportunity to network with dealers around the world and buy, sell, and trade watches, diamonds, and other valuable jewelry.

Our members trade in vintage and modern watches, jewelry, diamonds, gold, gems, pens, coins, stamps, clocks, estate jewelry, antique jewelry, entire store stocks, entire manufacturer stocks, and close-out lots.

Dates and Times: July 26-27 2011, Tuesday- Wednesday, 9AM – 6PM
http://www.iwjg.com/index.shtml

The Las Vegas Antique Jewelry and Watch Trade Show is Quicly Upon Us! …

The storefront felt a bit empty today. This is probably because our VP and Jewelry Designer/Gemologist are setting up our Booth, #1455, at the Las Vegas Antique Jewelry & Watch Show from June 2-5!  I received some insights as to what the scene is there in the city of sin (in regards to the jewelry industry anyway.)

Watches

Diamonds - GIA Certified

Prices are sticking even firmer than previously expected. This should be a positive venture for Dealer’s, as emerging markets (such as Asia, etc) have been driving up the prices. With the integration of the recent price increase on these particular items and the addition of the overseas funds, prices are seemingly spiraling out of control, even prior to the official opening of the antique jewelry trade show!

Diamond and Luxury Watches are thus far recognized as the most highly sought after pieces, as there are severe shortages of both in the Country as of late. Companies like Rolex and Patek Philippe are shipping goods primarily to the Asian and European markets, and effectively the US. dealers in the US have seriously slim showcases.

Hublot Rushes to Meet China Luxury Boom- Watch Sell

Watch Sell

Watch Sell

I have written about Hublot (Big Bang Tutti Frutti) and china’s luxury watch boom in the past. The Swiss watch brand has been vigorously expanding its presence in the emerging Asian markets and is especially focused on China. In the past three years China and Hong Kong have surpassed all other markets to become the largest market for luxury watches. Naturally luxury brands, who have seen sales decline in Europe and America due to the global recession, are rushing to meet this new demand in the far East.

Hublot, which will have 15 stores in Asia by next year hopes to more than double that number. Much of this enthusiasm is coming from Hublot’s CEO Jean-Claude Biver, who is convinced that future profits will grow for the next 30 years, especially in China. Businesses across the world are flocking to Asia, China and Hong Kong and creating a rash of new millionaires in the process. Millionaires in Asia are expected to rise 8.8 percent annually through 2018. Japan and Europe are being swept by trends that embrace a less lavish lifestyle and Hublot views Asia as an oasis in the stagnating market. Sell watches.

There are some signs that Hublot may be taking a risk by betting on the Asian market. China economy has gone through explosive growth the past 10 years but will likely slow to 8.9 percent next year from 10 percent this year. Other luxury watch brands are not as optimistic as Hublot and are refraining from adding new stores in China till they are sure that this is not a “bubble.”

With the average cost of opening a store in China much cheaper than opening one in more traditional locations such as Paris and New York , Hublot is willing to take the risk. China rent rates hover around $100,000 a year compared to the outrageous price of more than $1 million in Paris.

We here at Raymond Lee Jewelers have many beautiful Hublot timepieces available at amazing prices.

-Carlos at Raymond Lee Jewelers


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China’s Luxury Watch Boom

Jaeger-Lecoultre watch

Jaeger-Lecoultre Watch

Many of you may have heard of China’s economic boom but you may not have heard of China’s growing appetite for luxury watches. The world’s top watch makers are rushing to China to meet the heavy demand. Currently China ranks fifth in the world’s top markets for luxury watches and is moving up fast. Here is a run down of how these makers performed in China the last fiscal year.

Piaget: Piaget has had an excellent performance and higher then expected sales. In fact more than 60 percent of its total sales were in the Asia-Pacific region. Piaget currently has 13 boutiques in China and plans on opening more.

Cartier: Cartier was flush with new business last year, with nearly a double digit growth in the Asia-Pacific region. Cartier is embracing this new market with open arms and open boutiques (31 boutiques in China)!

Montblanc: Montblanc’s sales declined 6 percent.  This may sound like bad news but Montblanc is fairing pretty well considering the lower demand in American and European markets. Montblanc currently only has 33 percent of its sales in the Asia-Pacific region and is rushing to enlarge this percentage.

Jaeger-LeCoultre: This watch maker has 50 percent of its sales in Europe and has largely ignored the Asia-Pacific. Results: sales and profit decline.

As of now, the number of boutiques a brand has in China the more success it had last year.

-Carlos at Raymond Lee Jewelers

One of South Florida’s largest watch sellers.

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