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Christie's Rides the Wave.

By Cathleen McCarthy

High-end jewelry auctions have become international events, but American collectors are still the mainstay of the most important sales.

Sitting behind his desk at Christie's Rockefeller Center, Rahul Kadakia looks too young to be running the most successful department of the world's most successful jewelry auctions. Charming and boyishly handsome, he is in his early 30s but looks 25. In the three years he has served as head of jewelry for Christie's Americas, however, he has proven himself repeatedly.

Christie's jewelry department broke world records in 2006, selling more than $400 million worth of jewelry worldwide. Of that, $110 million came ...

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