A Heritage of excellence
SELLING AT AUCTION
There are many factors to consider when selecting an auction company. It is important to make yourself aware of an Auction Company’s expertise and history in selling items similar to your own. For example, you would not consign fine antiques to an Auction Company whose specialty is farm equipment or commercial machinery. Nor would you wish to consign fine jewelry-Diamonds to a company without any expertise in that field.
Genevahouse specializes in European & international fine jewelry, rare colored diamonds & Pink Argyle rarities, we offer the resources and expertise to market fine jewelry, color diamonds , with a specialty in Pink Argyle’s
In order for items to sell well at auction, care must be given to accurate cataloguing, effective display and preview prior to sale, and proper advertisement to both the general public and specific clientele. Every item consigned to Genevahouse is carefully examined, researched, and described for the auction catalogue – all at no additional cost to you.
Genevahouse maintains a mailing list of approximately 12,000 clients in Switzerland as well as across Europe, into the United States and overseas. In addition, we provide detailed catalogues and formal previews to the public for all our auctions. Our friendly and knowledgeable staff will respond to any questions from interested clients.
Fair market values can be a challenge
Fair market value can be defined as the price at which a willing purchaser will pay a willing seller, neither being under any obligation and both having reasonable knowledge of all the relevant facts, within a common marketplace such as an auction, at a certain period in time.
Fair market values differ significantly from retail replacement values that are usually done for insurance purposes. These appraisals reflect the hypothetical price a retailer might charge to custom-make or duplicate an item during a period of time. Often these appraisals are well above jewellers current stock prices.
The first step in the auction process is to obtain an estimate of what an item might bring at auction, or its fair market value. This information is provided within the context of an initial consultation with one of our specialists.
There is no charge or obligation for this consultation. This process can be achieved through certification documents descriptions and pictures of the item/s.
Trust and Estate Services
Geneva House experienced staff provides a valuable confidential service for professional clients, executors, trust officers, accountants, and lawyers for the appraisal and disposition of jewellery-Diamond collections. Our experts are able to assist with decisions related to the evaluation and disposal of personal effects of value for estate tax, estate planning, charitable donation, gift tax and insurance purposes. Utilizing the utmost in professionalism and confidentiality, we aim to make the process as convenient and seamless as possible.
Geneva House specialists will offer a preliminary review of inventory and provide detailed appraisals for estate planning or estate tax purposes. We can identify high value items and offer insured secure storage throughout the valuation process. In the event that a sale is considered, we would be pleased to provide any pertinent information regarding the marketing and sale of the property. Upon consignment, our staff will assist you every step of the way, including an itemized receipt, complimentary catalogues, shipping arrangements (if required), reporting the prices realized for each lot after the auction and providing a detailed statement with payment of your proceeds.