Top

The United States Mint Suspends Sales of 24K Gold Buffalo Coins

October 3, 2008 by Administrator · Leave a Comment 

buffalo.jpg

San Diego gold buyers won’t be able to purchase any gold buffalo coins this week. The United States Mint is temporarily halting sales of its American Buffalo 24k gold coins because it can’t keep up with soaring demand. The Associated Press reports that sales from the Mint were being suspended because demand for the coins, which were first introduced in 2006, has exceeded supply and the Mint’s inventory of the coins has been depleted. Read more

NAWCC Announces SW California Regional

September 29, 2008 by Administrator · Leave a Comment 

pockw1.jpg

The National Association of Watch and Clock Collectors (NAWCC) Chapter 59 today announced the dates for its 2008 Southwest California Regional: November 20 through 22 at the Del Mar Fairgrounds.

This annual event, which Chapter 59 manages every November with co-host Chapter 136, attracts watch and clock sellers and buyers from all over the world. Many antique dealers attend the Southwest California Regional to replenish their inventory of vintage clocks and watches, making it one of the few major events at which the average collector can discover true “wholesale” deals on collectible timepieces.

The venue in the Del Mar Fairgrounds’ Wyland Center holds more than 250 tables, each laden with items for sale. In addition to complete collectible watches and clocks, you can find parts and tools for restoration and repair, horological books from technical manuals to lavishly photographed coffee table tomes, hard-to-find watchstraps and bracelets, and good old-fashioned one-man’s-junk treasure dealers. Whether you need a correct set of weights for a Black Forest cuckoo clock, a new mainspring for an old-fashioned pocket watch, or a museum-quality antique mantel clock, you’ll probably find it at the 2008 Southwest California Regional.

As the date of the event approaches, registration forms will be available online. For the latest information about the Southwest California Regional, visit:

http://www.nawcc59.org/regional.html.

About NAWCC Chapter 59

The NAWCC is a non-profit organization, and Chapter 59 is the San Diego chapter of the NAWCC. Its members come from all over San Diego County. Visit NAWCC Chapter 59′s website to learn about monthly meeting times and member benefits.

###

If you are in the San Diego pawn shop industry, then the following news will be of special interest to you: Pawns Shops May Benefit from Fall of Jewelry Giants.

Sotheby’s Magnificent Jewels Auction Expects $64 M

September 9, 2008 by Administrator · Leave a Comment 

Rapaport reports that Sotheby’s Hong Kong will conduct its Magnificent Jewels and Jadeite 2008 Autumn Sale at the Hong Kong Convention and Exhibition Centre on October 7, 2008. Some 320 lots will be offered with an estimated total value of HKD500 million ($64 million.)

The highlight of the sale is a fancy vivid yellow diamond necklace with an estimated value of $7.4 million to $9.5 million, featuring a 102.56-carat fancy vivid yellow diamond (pictured.) It has a flower pendant that can be detached from the necklace and worn as a brooch.

Quek Chin Yeow, deputy chairman and head of jewelry at Sotheby’s Asia, said, “The diamond is the largest fancy vivid yellow diamond ever to be offered at auction anywhere in the world; this extraordinary diamond, with its impressive size and auspicious golden yellow color, will be a major attraction.”

Another highlight of the sale will be a colored diamond butterfly brooch by Carvin French. The center of the brooch is set with one fancy vivid blue diamond and two fancy intense blue diamonds, weighing 5.53 carats in total. Complementing the blue hues are the vibrant yellow and pink diamonds mounted on the wings of the butterfly. (Estimated value $3.8 million to $4.6 million.)

With strong demand for top quality diamonds weighing more than 15 carats, an impressive 34.07 carat cushion-shaped D, IF, diamond ring will undoubtedly attract much attention. (Estimated value $6 million to $7 million.)

Sotheby’s Hong Kong will present a pair of ruby and diamond earrings by James de Givenchy for Taffin. The two unheated, natural rubies, weighing 10.02 and 10.91 carats respectively, are well-matched in both color and shape. Each surrounded by eight rose-cut pink and eight colorless round diamonds, these rubies show a fiery red hue with dazzling brilliance fascinating all connoisseurs. (Estimated value $3.8 million to $4.5 million.)

Also featured among the colored stones is a pair of star rubies, alexandrite and diamond earrings. The rubies, weighing 19.45cts and 22.13cts each, are remarkably matched in both color and shape, and boast intense hues and fine clarity. (Estimated value $666,000 to $871,000.)

A further highlight is a Colombian emerald and diamond ring without any oil treatment. This natural 10.09 carat emerald boasts high clarity and a saturated color. It is embellished by 10 round diamonds, emphasizing the magnificence of the noble green color.

###

If you are a San Diego resident who is a collector of fine jewelry from brands like Tiffany and Cartier, then you’ll want to read this article about how Vintage Jewelry is a Popular Investment.

Bottom