PHILADELPHIA, PA.- On March 24, Freemans successfully hosted its first online-only jewelry auction: Luxe | Boutique Jewels & Vintage Watches @1600. The auction achieved just short of $250,000. 44% of successful bidders in this sale were new to the house.
STRONG PRICES FOR BRAND NAMES
Bidders expressed significant interest in Art Deco, Art Nouveau and Retro pieces, and strong prices were achieved for pieces by designers Ed Weiner and Fred Skaggs.
Jewelry by renowned houses such as Van Cleef & Arpels and Tiffany & Co., and watches by Breitling, Patek Philippe, Rolex and Omega were coveted by bidders from all over the world including a large number of bidders (17%) from New York.
Said Lauren Della Croce, Head of Sale: I am delighted that our first online-only sale was a success, which speaks to the resiliency and strength of todays jewelry market. I am pleased that such a large number of existing and new clients participated in our auction via Invaluable, Live Auctioneers and our own complimentary platform: Freemans LIVE.
ENHANCING BIDDERS ONLINE EXPERIENCE
With the recent launch of an online-only sales format, Freemans is increasing its accessibility to new collectors whilst ensuring that the buying experience for long-term Freemans clients remains as seamless as possible. Additional online only sales in a variety of collecting categories are scheduled throughout April and May. Please visit
freemansauction.com for an updated auction schedule.