Artcurial’s Monaco Auction Week sales bring in an astounding €14 million

artcurial monaco auction week

With a seven-carat ruby ring from Guillemin & Soulaine fetching almost €3 million alone, jewellery was the biggest category at the Artcurial sales of Monaco Auction Week, but there were also many highlights from the worlds of horology and handbags.

The Hôtel Hermitage was the scene for the latest Artcurial-led Monaco Auction Week event held over four days from 16th to 19th July and featuring enigmatic jewellery pieces, collector watches, luxury handbags – including several coveted Kelly and Birkin bags from the French luxe fashion house Hermès – sculptures and interior design pieces. 

The series of auctions have been deemed a huge success. Skillfully guided by Stéphane Aubert, Geoffroy Ader and Francis Briest, Artcurial’s eight categories brought in an astounding €14.1 million, with many items far exceeding their estimated sale prices.  


The jewellery department had stellar results, taking in nearly €7.5 million, which is a record for the division and was thanks mainly to the Guillemin & Soulaine Marguerite vivid red ruby ring. The seven-carat stone fetched over €2.9 million, making it the second most pricey ruby per carat to be sold in the world so far in 2023.  

 A 24.69-carat sapphire also did well, almost tripling its €50,000 estimate to reach €144,900.  


The men’s watches auctions cleared €3.2 million, although sales were at the more modest end of the scale. For example, a Rolex Paul Newman Daytona topped out at €452,640, touching the lower end of its estimated sale price, but nevertheless achieved a solid price for the much-appreciated timepiece.

A classic Rolex Paul Newman Daytona topped out at €452,640. Photo source: Artcurial

The women’s watch sales saw a Cartier watch estimated to sell for €8,000 to €12,000 top out at €31,488, helping the overall sales total for this division hit nearly €521,000.


A 2019 Limited Edition Hermès Kelly Retourné Himalaya 28 in matte white Nile crocodile skin was among the rare and extraordinary handbags to go under the gavel. It brought in €127,264. Meanwhile, a 2022 Limited Edition Kelly Doll Picto in mauve, chai, lime and nata Epsom calfskin brought in €47,232. The grand total for the luxury bag sales exceeded €733,000, the highest ever figure for the department.

The 2019 Limited Edition Hermès Kelly Retourné Himalaya 28 that sold for €127,264. Photo source: Artcurial

Artcurial will return to the Principality in 2024 with a tribute to jewellery and watchmakers Piaget. The auction is already being promoted under the title Piaget: 150 Years.


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Featured photo source: Artcurial