In a pandemic, why are collectors splashing out millions on jewellery online?
In April, Sotheby’s put up for bidding a gem-set, diamond and enamel Cartier bracelet. Named Tutti Frutti, the bracelet was created in the 1930s and featured multi-coloured Mughal-cut stones, accented with black enamel.
The Tutti Frutti bracelet was meant to be sold at a live auction, but the coronavirus pandemic and subsequent country lockdowns forced Sotheby’s to change track. Following discussions with the owner, Sotheby’s decided to offer the bracelet in a dedicated single-lot online auction – a pivot that paid off handsomely.……
Auction Lifestyle International
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