Gemfields PLC have just released results of their latest auction. From their release:
Highlights
Note that the auction included a mix of higher, medium and commercial qualities.
- Record auction revenues of USD 54.8 million, an alltime high for any Gemfields auction;
- Of the 83 lots offered, 78 were sold;
- Average realised price of USD 61.13 per carat;
- 895,848 carats sold (85% by weight or 98% by market value) out of the total of 1,048,687 carats offered; and
- The eight Montepuez auctions held since June 2014 have generated USD 280.5 million in aggregate revenues.
There were 54 companies that placed bids. A fairly substantial customer base.
Here's the summary from the release with details of the latest auction in the last column.
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- Gemfield Auction Results - 15 June 2017
Gemfield Auction Results - 15 June 2017
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