Estate Jewelry Proves Robust During Covid-19

By Rapaport News / August 06, 2020 / www.diamonds.net / Article Link

RAPAPORT... The estate-jewelry sector has fared well during the Covid-19 crisis as customers have continued to show interest in designer goods, dealer Rick Shatz told the Jewelry Connoisseur Podcast.Higher-end clients - on whom the pandemic has taken a lower toll - have still bought signed pieces, perhaps seeing security in these purchases, Shatz said in an interview with Rapaport Editor in Chief Sonia Esther Soltani."Even when things were really at the peak and it was terrible back in March, April, we were getting tremendous inquiry about these signed pieces and people wanting to buy," the veteran New York-based diamond trader reported.Find out more in episode 7 of the podcast.Image: Rick Shatz. (Rick Shatz)

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