CHICAGO – Leslie Hindman Auctioneers’ Fine Jewelry and Timepieces auction June 10-11 saw international competition from hundreds of bidders in the salesroom, on the telephones and via the Internet, boosting sales to $2.6 million. The auction, which had a presale estimate of $1.4 million to $2.2 million, showcased many signed pieces by some of the world’s most important makers, including Cartier, David Webb, Harry Winston, Patek Philippe, Tiffany & Co. and Van Cleef & Arpels.
Interest in natural pearls is strong, with international collectors fiercely competing for quality pieces. An Art Deco platinum, onyx and natural pearl necklace sold for well above its estimate at $388,000.
Fine gemstones drew the attention of several bidders. One in particular was a sapphire and diamond floral brooch by Tiffany & Co. This beautiful piece claimed an impressive $128,100, when it had an estimate of $15,000-$20,000.
Diamond rings were among the top lots in the auction. The leader was an oval 7.06-carat brilliant cut diamond ring with two triangular cut diamonds, which sold for $146,400. An important Art Deco 5.65-carat Old European cut diamond ring brought $73,200.
“It seems that the more volatile the economy gets, the stronger the jewelry market becomes,” said Leslie Hindman, president /CEO. “We were delighted with the results of this sale.”
Leslie Hindman Auctioneers’ next Fine Jewelry and Timepieces auction will be Sept. 9-10. Consignments are invited for upcoming auctions. Contact Jamie Henderson at 312-334-4226 for more information.
Click here to view the fully illustrated catalog for this sale, complete with prices realized.
ADDITIONAL LOTS OF NOTE