Kashmir Sapphire Doubles Presale Estimates

Antique Cushion Cut Kashmir Sapphire Doubles Presale Estimates at Leslie Hindman Auctioneers

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.

Signed diamond rings by Graff and Tiffany outperformed expectations. One example being a platinum, yellow gold, fancy yellow diamond and diamond ring, Graff, which sold for $161,000 (estimated at $130,000 – 150,000).

A number of vintage and antique items sold well, including a Tiffany & Co. platinum, aquamarine and diamond necklace circa 1915, which sold for $93,750 (estimated at $30,000 – 50,000). A fine platinum, natural pearl and diamond necklace, circa 1920 and estimated at $40,000 – 60,000, sold for $87,500.

Victorian examples include a fine Victorian rose gold, silver, ruby and diamond ring that sold for $40,000 and a Victorian silver topped gold and diamond convertible tiara/necklace that sold for $30,000.

Numerous Art Deco bracelets sold well such as an Art Deco platinum and diamond bracelet, Oscar Heyman Brothers Circa 1925, which sold for $32,500 (estimated at $15,000 – 20,000) and an Austrian Art Deco platinum and diamond bracelet that sold for $18,125 (estimated at $10,000 – 15,000).

Edwardian jewelry also performed well. One example being a fine Edwardian platinum, diamond and seed pearl necklace that sold for $15,000 and another being a fine Edwardian platinum and diamond bracelet that sold for $6,875.

Overall, the auction had a high percentage of private buyers participating in top lots. Please visit lesliehindman.com for additional results.