The continued strength and international appeal of investment grade diamonds was evident in the fantastic prices realized for Leslie Hindman Auctioneers
December Fine Jewelry and Timepieces auction. An impressive 10.56 carat emerald cut diamond drew interest from a diverse group of important collectors and exceeded all expectations by realizing $632,000 against a pre-sale estimate of $300,000-350,000. Other large diamonds in the sale also outperformed their estimates including a 5.69 carat pear shape diamond which sold for $115,900 and a 6.93 carat marquise cut stone that brought $59,780.
Combining fine Colombian emeralds and diamonds with exquisite Art Deco aesthetics, a platinum, emerald and diamond bracelet achieved an impressive $436,000. The bracelet attracted over 20 serious collectors, both foreign and domestic, in the most heavily contested lot of the sale.
Vintage signed jewelry by important makers drew international interest. A selection from Cartier had stellar results including a rare pair of Tutti Frutti earclips that sold for $63,440 against an estimate of $15,000-20,000. An Art Deco platinum, diamond and rock crystal brooch, one of Cartiers more iconic designs, brought $51,240, while a Cartier platinum charm bracelet realized $36,600.
The sale offered the rare opportunity to acquire sought after works by artist Daniel Brush. The selections, from the Ralph Esmerian Collection, included an intricate mastodon ivory, ebony and gold necklace that realized $61,000 as well as a textured steel and gold sculpture that sold for $48,800.
A strong timepiece session was highlighted by vintage complications and premier manufacturers. An antique 18 karat yellow gold minute repeating chronograph pocket watch brought $8,540 and an 18 karat yellow gold Cartier roadster watch realized $15,860. A pair of Patek Philippe references also met with eager bidding when a vintage yellow gold Ref. 2526 sold for $18,300 and a yellow gold Travel Time Calatrava realized $13,420.
Leslie Hindman Auctioneers next Fine Jewelry and Timepieces auction will be held March 25-26, 2012. Consignments are invited for upcoming auctions. Contact Alexander Eblen at 312.334.4233 for more information.