The September 11 and 12 Important Jewelry auction at Leslie Hindman Auctioneers offered an array of antique highlights, colored stones and signed jewelry. The sale totaled $4.5 million, with the top five lots being impressive diamonds and colored stones.
Colored stones proved strong in the market. The top selling lot was a fine 6.40 carat antique cushion cut Kashmir sapphire that sold for $473,000 against a presale estimate of $225,000 – 250,000. It sold to an international private collector after competitive phone bidding. Additionally, a fine 4.01 carat cushion cut Brazilian Paraiba tourmaline tripled its presale estimate of $40,000 – 60,000 and sold for $149,000.
A Tiffany & Co. platinum and diamond ring sold for $185,000 and an important platinum and diamond graduated line necklace sold for $167,000, both against presale estimates of $100,000 – 120,000.