Gemfields auction sales 77% of the total offered
Bag average sales price of USD 105.49 per carat emeralds! Gemfields announce the results of a mini-auction held from 19 to 21 February 2025 of previously unsold higher-quality emeralds from the November 2024 auction. Gemfields highlights auction of previously unsold higher-quality emeralds – February 2025 and earned auction revenues of USD 4.8 million. 10 of the 13 lots were sold (77%) with 45,864 carats sold out of 59,192 carats on offer (77%). Average sales price of USD 105.49 per carat. Adrian Banks, Gemfields’ Managing Director of Product & Sales, commented, “This auction was solely comprised of unsold lots from Kagem’s November 2024 higher-quality emerald auction, some three months ago. The composition of the schedules on offer remained unchanged, providing Gemfields with a rare opportunity to directly compare demand and pricing between two auctions. It was pleasing to receive notably higher bids, resulting in 10 of the 13 unsold lots be...