Sapphires, emeralds and rubies led Hindman’s $3.5M Important Jewelry sale
Gillot color-change sapphire and diamond ring, $256,250
CHICAGO – On December 7, Hindman Auctions presented a successful Important Jewelry auction that totaled $3,591,406.
Emerging as the top lot was a color-change sapphire and diamond ring by Gillot, which sold for $256,250, significantly above its presale estimate of $80,000-$120,000. It consists of an intricate handmade setting with engraved detail containing an oval cut color-change sapphire weighing approximately 20.50 carats.
Tiffany & Co. and Schlumberger sapphire and diamond Two Bees ring, $137,500
Another standout sapphire ring was a Tiffany & Co. and Schlumberger unheated Burmese sapphire and diamond Two Bees ring, which sold for $137,500. An impressive fancy yellow diamond and diamond ring was another crowd pleaser and achieved a strong price of $200,000.
Left: Art Deco Colombian emerald and diamond ring, $125,000; Right: Tiffany & Co. Colombian emerald and diamond ring, $25,000
In addition to sapphires, top quality emeralds commanded high engagment from bidders. An Art Deco Colombian emerald and diamond ring climbed well above its presale estimate of $10,000-$20,000 to achieve $125,000. Also, an antique emerald and diamond ring by Tiffany & Co. sold for $25,000 against a presale estimate of $5,000-$7,000.
Burmese ruby and diamond bracelet, $175,000
Another notable sale was a Burmese ruby and diamond bracelet from the Perry-Belmont Family, which sold for $175,000. This beautifully crafted bracelet was owned by Caroline Slidell Perry Belmont, daughter of Commodore Matthew C. Perry and wife of August Belmont Sr.
Oscar Heyman & Brothers yellow sapphire and diamond bracelet, $43,750
Colored stone bracelets by top designers such as Van Cleef & Arpels and Oscar Heyman were also among auction highlights. Examples include a Van Cleef & Arpels emerald and diamond bracelet, which soared past its presale estimate of $15,000-$20,000 to sell for $100,000. An Oscar Heyman yellow sapphire and diamond bracelet sold for $43,750 against a presale estimate of $25,000-$35,000.
Timepieces also saw outstanding interest throughout the sale. Noteworthy examples included Rolex watches such as a Ref. 16628 Oyster Perpetual Date Yacht-Master wristwatch from 1997, which rose past its estimate of $8,000-$12,000 to sell for $28,750, and a Ref. 126660 Sea-Dweller Deepsea wristwatch from 2021, which realized $18,750 against a presale estimate of $8,000-$12,000. A Cartier 18K white gold and diamond Ballon Bleu XL wristwatch achieved a strong price of $25,000.
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