WINDSOR, Conn. – Nadeau’s Auction Gallery saw success at its signature January 1 New Year’s Day sale. After spirited and competitive bidding, it realized $2,664,825, with a 96% sell through rate and rock-solid results across all category. This was Nadeau’s tenth consecutive New Year’s Day Sale that surpassed the seven-figure mark.
The New Year’s Day sale featured a fine selection of magnificent GIA-certified multi-carat diamond rings, chief among them a platinum ring set with a 10.07-carat pear shape brilliant diamond flanked by tapered baguette diamonds. It was estimated at $40,000-$60,000 and sold for $66,000.
Fine jewelry was also well represented at this annual event. An 18K gold and enameled bracelet, estimated at $2,000-$4,000, delivered $4,200. Its design elements included a leopard’s head mounted with diamonds and various-color enameling.
Exceptional timepieces from the world’s most prestigious manufacturers took many of the top lot slots in the sale. A standout was a Rolex GMT Pepsi wristwatch from 1967, model 1675, serial #1533799, which retained its original dial and bezel. It was estimated at $10,000-$15,000 and delivered $20,910.
Also doing well was lot #244, an Audemars Piguet 18K gold skeleton automatic watch, which was estimated at $6,000-$9,000 and made $15,000. This engineering marvel retained its original band, measured 34.4 mm in diameter, and was accompanied by its original box and factory booklet.
Museum-quality fine art was another strong category at the January 1 auction. Milton Clark Avery’s (1885-1965) Rolling Hills, a signed oil-on-board abstract landscape from 1960, was estimated at $15,000-$25,000 and made $45,000. It was from a private collection in Irvington, New York and included an authentication letter from the Milton and Sally Avery Arts Foundation.
The auction’s winning lineup of antique glass and fixtures included a Tiffany Studios Lily lamp estimated at $8,000-$12,000, which earned $14,400. It featured a patinated bronze lily pad base with seven arms ending in favrile glass shades, measured 21in tall and was marked Tiffany Studios, New York, 385.
Rounding out the highlights was a tapestry by Alexander Calder (1898-1976), estimated at $10,000-$20,000 and sold for $59,375. The work was hand-woven from maguey fiber and measured 73 by 98in. It had the artist’s initialed signature and date woven into its lower right and was numbered 48/100 on its lower left.
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