Bangle bracelets

Kodner Galleries Valentine’s Day auction brings in $1,458,000

This Patek Philippe Nautilus 5990/1A-001 was the top lot of the sale and for $229,000.

DANIA BEACH, FL. — Valentine’s Day holds a special meaning in the hearts and minds of almost everyone. Giving jewelry as a keepsake of shared love is a longstanding tradition. Kodner Galleries holds an annual Valentine’s Day jewelry sale in recognition of this tradition. The house’s February 9 Valentine’s Day jewelry sale featured 150 jewelry bundles to suit all tastes and budgets, including rings, bracelets, necklaces, brooches, earrings and watches for ladies and luxury watches for men, as well as rings and bracelets for men.

The sale was made on three leading online auction platforms, LiveAuctioneers, Invaluable and Bidsquare. Telephone and mail order tenders were available directly from the gallery. Strong bids on home phones from Kodner’s established customer base in South Florida pushed total sales to $1,458,000.

The gift of diamonds never fails, and Kodner Galleries’ recent demand for diamond jewelry, even during a pandemic, has increased dramatically. Nothing says “I love you” more than a diamond engagement ring. A GIA-certified 9.66-carat diamond engagement ring and an EGL-certified 5.02-carat diamond engagement ring hammered in at $53,240 and $60,500, respectively, making someone happy. A pair of yellow diamond and platinum statement earrings fetched $66,500. A 34.05 carat diamond river necklace was sold for $55,660.

A 35.60-carat AGL Ceylon sapphire brooch fetched $78,650.

A 35.60-carat AGL Ceylon sapphire brooch fetched $78,650.

Russ Kodner, President and Resident GIA Graduate Gemologist, is an avid watch collector and follows the luxury watch market very closely. High demand and shortages of luxury brands like Patek Philippe, Rolex, Audemars Piguet and others have recently led to record auctions. Kodner has seen luxury watch sales top $3 million in the past four months alone. At the February 9 sale, a Patek Philippe Nautilus 5990/1A-001 sold for $229,000. A Patek Philippe Nautilus 5711/1A-001 fetched $181,500, and a Patek Philippe Nautilus 5980R-001, was also bid at $181,500. A quartet of Rolex watches also posted significantly higher prices than in the recent past. Kodner currently offers 0% commission for shipments of luxury watches or jewelry over $50,000 in estimated value.

The colored gemstone jewelry included a 16.90 carat AGL emerald and diamond ring fetching $36,300 and a 35.60 carat AGL Ceylon sapphire brooch at $78,650.

There was something for everyone and plenty of bargains throughout the sale. A 5.70-carat diamond bangle sold for $2,900, a diamond and ruby ​​ring for $2,662 and a Bulgari topaz ring for $1,573.

The prices shown include the buyer’s commission as quoted by the auction house. Kodner Galleries bi-monthly auctions regularly feature luxury jewelry and timepieces as well as a mix of fine art and collectibles. For information, www.kodner.com or 954-925-2550.

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