DALLAS – DGSE Companies, Inc. (AMEX:DGC), which wholesales, retails and auctions fine watches, jewelry, diamonds, precious metal and rare coin products via traditional and Internet channels, today announced its results for its Superior Galleries June 29, 2008 Beverly Hills Elite Jewelry and Time Piece Auction. This 700 plus lot auction, anchored by some stellar anchor consignments, realized $963,429.00 inclusive of the 19.5% buyer’s premium amid active bidding.
Some individual highlights of this auction included:
766 – 20.59 Carat Orange Brown Fancy Radiant Cut Diamond $203,150
303 – Fancy Yellow 10.14 Carat Radiant Cut Diamond Ring $107,550
770 – 8.03 Carat Yellow-Brown Cushion Shape Diamond $39,435
334 – Gentleman’s Piaget Polo 18 Karat White Gold Diamond Wristwatch $37,350
767 – 3.70 Carat Internally Flawless Fancy Yellow Radiant Diamond $28,680
768 – 4.83 Carat Loose Round Brilliant Cut Diamond $21,510
295 – Detroit Tigers 2006 American League Championship Ring $9,858.75
This one day event continues a long Superior tradition of auctions in precious objects as well as rare coins and currency. DGSE President, Bill Oyster commented:
“We are delighted to have built on the success of our inaugural Jewelry and Time Pieces auction of December 2007 with a strong follow up in which we sold two six figure items and had significantly higher participation by many new bidders as well as from loyal return customers. Completed sales in this auction were almost twice the dollar amount of our first auction and we look forward to increasing the variety and frequency of our auctions in precious objects in the near future.”
Superior Galleries next Elite Jewelry and Time Piece Auction will be held December 7, 2008 to be held in our deluxe new showroom and gallery in Woodland Hills, CA. Please call or email Ed Dubinsky, Showroom Manager and Senior Gemologist or Bryan Abbott, Director of Acquisitions, today further information on this or future auctions: 800-545-1001, or [email protected].
