Strong Session of Tiffany and Paul Newman Dayton  

Strong Session of Tiffany and Paul Newman Dayton

Strong Session of Tiffany and Paul Newman Dayton Rolex Among Top Results of Leslie Hindman Auctioneers’ Three-Day Jewelry and Timepieces Sales

The April 23 – 25 auctions at Leslie Hindman Auctioneers included a two-day Important Jewelry auction followed by Fine Silver Jewelry and Fine Timepieces. The auctions realized over three million in sales with international participation, especially online and in the room. The Important Jewelry sale featured sessions from top designers such as Tiffany & Co., Van Cleef & Arpels and Bulgari. Among designer highlights, Tiffany performed particularly well. Other items that were highly in demand included diamonds, of fancy shapes, and coral.

 

Among top selling diamonds was a platinum marquise cut Golconda-type diamond ring that sold for $227,000 against an estimate of $175,000 – $225,000. Overall, results for diamonds showed renewed enthusiasm and strong prices realized, especially for fancy shapes. Diamond buyers participated globally, most of the top lots selling to national buyers participating in the saleroom and via absentee bids.

 

Examples include a 13.21 carat round brilliant cut diamond, an 18 karat white gold and diamond solitaire ring and a platinum, yellow gold, fancy yellow diamond and diamond ring. They sold for $131,000, $65,525 and $52,500, respectively.

Platinum and Golconda-Type Diamond Ring
Fancy Yellow Diamond and Diamond Ring
18 Karat White Gold and Diamond Solitaire Ring

The sale had a session of Tiffany & Co. that proved strong in the market. A green gold, emerald and pearl pendant/brooch by Paulding Farnham for Tiffany & Co. sold for $21,250, well above its $5,000 – 7,000 estimate. This particular brooch had never been offered for sale. Alongside the rarity of its design, it drew competitive bidding both in the room and by phone bidders. Another Tiffany example is a platinum, 18 karat yellow gold and diamond articulated flower brooch by Jean Schlumberger for Tiffany that sold for $20,000 (estimated at $8,000 – $12,000). The strong price realized reflects the strength of mid-century signed jewels and is an example of the desire for iconic periods from known designers.

Paulding Farnham for Tiffany & Co.
Schlumberger for Tiffany & Co.
"Snowflake" Bandeau Ring, Van Cleef & Arpels

Van Cleef & Arpels also outperformed expectations. A platinum and diamond snowflake bandeau ring sold at $27,500, above its $10,000 – $15,000 estimate. While an 18 karat yellow gold, turquoise and diamond Van Cleef & Arpels brooch sold for $20,000 (estimated at $8,000 – $12,000).

 

Coral proved popular among collectors, showing an all time high for demand. Of the finest color were platinum, diamond and coral pendant earclips that sold for $18,750 against an estimate of $3,000 – $5,000. Another example of coral that drew competitive bidding was a Schlumberger for Tiffany & Co. fine platinum, 18 karat yellow gold, diamond and coral torsade that sold for $13,750.

Platinum, Diamond and Coral Pendant Earclips
Gold, Diamond and Coral Torsade, Schlumberger for Tiffany & Co.
Paul Newman Daytona Rolex

Following the Important Jewelry sale was a Fine Timepieces sale on the evening of April 25. Drawing the most significant attention was the Paul Newman Daytona Cosmograph Wristwatch. Consigned as an individual item by a private collector, the Daytona had never been polished and was offered with its original box and papers. Bidding for the timepiece drew international attention, mostly from bidder participating by phone from Hong Kong, London and across the United States. It sold to a private buyer in the U.S. for $161,000 against a presale estimate of $65,000 – 85,000.

 

Additional results of the sale can be viewed at lesliehindman.com. The Fine Jewelry and Timepieces department is currently accepting consignments for September and December auctions. They will be traveling nationwide this summer to cities such as St. Louis, Denver, Palm Beach, Naples, Minneapolis, Milwaukee and Detroit.

 

Contact

Alexander Eblen, Director | 312-334-4233 | alexandereblen@lesliehindman.com

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