Online auction of jewellery starts Tuesday
Mumbai, Oct 6 (IANS) India is set to witness this October what Saffronart officials say is the first ever online auction of rare Indian jewellery and customised watches.
Mumbai-based Saffronart, an auction house, will use the online platform for two days beginning Oct 7 to sell fine jewels and watches.
'The online auction would help popularise Indian jewellery designs abroad and provide jewellery collectors a chance to possess specially designed authentic jewels,' co-founder of Saffronart Minal Vazirani said.
The highlight of the auction would be a 42.02 carat natural yellow Forevermark diamond with a price tag in the range of Rs.270 million and Rs.320 million.
Some other select batches of the collection include a natural pearl necklace with a seven-strand cascade estimated between Rs.100 million and Rs.130 million, an emerald pendant, a diamond necklace and a Columbian emerald pendant with a diamond surmount.
Dinesh Vazirani, husband of Minal, told IANS that instead of possessing jewellery for the next generation, the auction helps enhance their price giving boost to traders.
Saffronart, which also puts up art auctions, would organise another jewellery auction in April next year.
Read More: Mumbai Indians | Mumbai | Indian Press | Mumbai Gpo | Mumbai Central Ho | Matri Indian Antartic Station | India Security Press | Survey Of India | Jillellaguda | Sultanshahi | State Bank Of India | Indian Institute Of Technology | Indian Research Po | Indian Nation | Indian School Of Mines | Air India | Indian Rail | Central Institute of Indian Language | National Democratic Alliance (India) | All India Tennis Association
MONEY SPINNING IPL SHOULD BE BANNED - PASWAN
May 18, 2013 at 9:44 PM
CBI SUPERINTENDENT SENT TO THREE DAY POLICE REMAND
May 18, 2013 at 9:42 PM
SIDDARAMAIAH EXPANDS CABINET, ENSURES NO WATER CRISIS
May 18, 2013 at 9:41 PM