Leslie Hindman Auctioneers’ Fine Jewelry and Timepieces auction showed a continued interest in investing in tangible assets this Dec. 4-5. The auction yielded strong results, as well as a large crowd, as people chose to put their money into jewelry while the economy remains unstable.
Highlights included the cover lot, an Art Deco platinum and fancy light yellow diamond ring, weighing approximately 15.71 carats total, which sold exceptionally well, bringing $150,400 against an estimate of $100,000-$150,000. The platinum and marquise cut diamond ring, weighing approximately 7.04 carats total, also achieved great results, selling for $120,400 against an estimate of $100,000-$150,000.
The market for mid-range jewelry was strong as well, with pair of cultured pearl and diamond earrings, selling for $2,928; an Asprey platinum, diamond and aquamarine antique earring and pendant set, selling for $3,675; and a white gold, diamond and South Sea cultured pearl ring that brought $6,125.
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