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Hindman Jewelry Auction Achieves $3.7M

May 23, 2023  |  Anthony DeMarco
Hindman May 2023 Lot 59_Cartier, Art Deco, Jade, Diamond and Multigem Pendant 1280 used 052323

An Art Deco pendant by Cartier fetched $100,800 at Hindman’s May 16 Important Jewelry auction, achieving five times its high estimate.

The carved jade, diamond and multi-gem pendant depicting a carp swimming below large lotus leaves was the number-three lot of the sale. It was one of several Cartier jewels that achieved strong results, the auction house said.

The piece wasn’t dated, but it was made at a time “when members of the Cartier family were traveling to Asia gathering stones and creating rare objects like this with carved gems,” said Sally Klarr, director and senior specialist of Hindman’s jewelry and watches department.

The sale of 350 lots at Hindman’s Chicago saleroom achieved just under $3.7 million, with 67% selling within or above estimates.

The auction’s top item was a cushion brilliant cut, 5.02-carat diamond with D color and VS2 clarity mounted on a platinum ring. It fetched $163,800, within its expected range.

This was followed by an unheated Burmese ruby of undetermined weight mounted on a platinum ring that sold for $138,600, more than double its high estimate. The number-four lot was an oval mixed cut, 2.65-carat unheated Kashmir sapphire surrounded by diamonds and mounted on a platinum ring. It brought in $94,500 against a high estimate of $35,000.

Another Cartier jewel was an Art Deco platinum and diamond bracelet that beat estimates to realize $59,850. Meanwhile, a Cartier London Retro aquamarine bangle bracelet fetched $22,680, nearly double its upper price.

A unique plique-à-jour enamel, diamond and cultured pearl Iris brooch by award-winning jewelry designer Evelyn Clothier achieved $20,160, more than double its high estimate. It was one of 10 Clothier pieces Hindman offered in the auction.

Correction, May 23, 2023: The auction achieved just under $3.7 million, and not more than $3.7 million, as incorrectly stated in an earlier version of this article.

Image (left to right): The Cartier Art Deco pendant, the ring featuring a 5.02-carat diamond, and the Evelyn Clothier brooch. (Hindman)

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Hindman May 2023 Lot 59_Cartier, Art Deco, Jade, Diamond and Multigem Pendant 1280 used 052323 Hindman Jewelry Auction Achieves $3.7M

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