AuctionsSep 21, 2023
Hindman Appoints New SVP, Director of Jewelry and WatchesAuctionsOct 23, 2023
Hindman’s First New York Auction Garners More Than $3M
It featured watches from the collection of late entrepreneur Glen de Vries.
This F.P. Journe platinum “Tourbillon Souverain Black Label” timepiece was the top lot at the “Time & Space: Watches from the Collection of Glen de Vries” sale, held Oct. 18.
New York—Hindman has announced the results of its first New York auction, held Oct 18.
“Time & Space: Watches from the Collection of Glen de Vries” earned just over $3 million, or 106 percent of the lots’ low estimates, with 95 percent of lots sold.
Combined with an additional multi-owner watch sale held in the afternoon, the two auctions realized a total of $3.3 million.
“It was an honor to launch our inaugural New York sale season with this collection,” said Hindman Managing Director, New York region, Gemma Sudlow.
“Glen de Vries’ passion for horology and innovation come together in this compelling group of timepieces and our clients responded with enthusiasm. We were thrilled with the excitement in the room for our very first New York auction.”
This Richard Mille RM-6101 Yohan Blake was one of the “Time & Space: Watches from the Collection of Glen de Vries” top lots, selling for $163,800.
The sale’s top lot was a rare F.P. Journe platinum “Tourbillon Souverain Black Label” timepiece (pictured at top of article).
The model was produced between 2006 and 2015 and features gold dials and a mechanism unique to the watchmaker that is visible through the crystal caseback.
It fell within its $250,000-$450,000 pre-sale estimate, selling for $415,800.
Other top lots were an F.P. Journe 18-karat rose gold “Octa Chronograph,” which sold for $176,400; a Richard Mille RM-6101 Yohan Blake, which sold for $163,800; and an A. Lange & Sohne Datograph Up/Down platinum “Lumen,” that garnered $163,800.
Late entrepreneur Glen de Vries and a titanium De Bethune Ref. DB28XP from his collection, which sold for $88,200.
An A. Lange & Sohne Ref. 720.025 platinum “Lange 1 Tourbillon Perpetual Calendar” also sold for $138,600; while an A. Lange & Sohne Ref. 139.035f “Grand Lange 1 Moon Phase Lumen” sold for $100,800; a De Bethune Ref DB28XP in titanium sold for $88,200; and a Patek Philippe Ref. 5990 “Nautilus” in stainless steel sold for $88,200.
“The watches in the de Vries collection reflected the interests of the collector—innovative timepieces from many independent and forward-looking makers,” said Hindman Senior Vice President, Jewelry and Watches, Reginald Brack.
“It was truly one of the most remarkable collections I have ever had the pleasure of handling. Mr. de Vries had such a deep appreciation for the science of watchmaking, being drawn to some of the most sophisticated complications like tourbillons, perpetual calendars, flyback chronographs, and other groundbreaking mechanical achievements. He was ahead of his time in his collecting and curated a collection that our clients responded to with enthusiasm.”
More on Auctions
The Latest
MajorsJul 26, 2024
Diamonds Direct Opens Store in AtlantaIt’s the Signet-owned banner’s first location in Georgia.
TrendsJul 26, 2024
Piece of the Week: Bea Bongiasca’s ‘Double Loop’ EarringsCommemorate “brat summer” with these green hoops.
EditorsJul 26, 2024
Out & About: A Dispatch from the Nation’s Smallest StateEditor-in-Chief Michelle Graff returns from Rhode Island with thoughts about in-store shopping and a trends report.
Brought to you by
The End of an Era? Lab-Grown Diamonds' Journey Towards Price StabilityAs the demand for lab-grown diamond jewelry may still be increasing, the most notable change we are likely to see is price stabilization.
Supplier BulletinJul 25, 2024
Meet Gemology’s Next Generation Microscope: GIA® Gemolite® NXT Professional EditionSponsored by Gemological Institute of America
Weekly QuizJul 25, 2024
This Week’s QuizTest your jewelry news knowledge by answering these questions.
TechnologyJul 25, 2024
Amazon, BBB Sue Website Allegedly Peddling Fake Reviews They claim ReviewServiceUSA.com was selling both positive and negative reviews of products and businesses.
SourcingJul 25, 2024
De Beers’ H1 Revenue Falls 21% in ‘Weak’ MarketLab-grown diamond sales in the United States and ongoing economic challenges in China are impacting natural diamond demand.
Brought to you by
Meet Gemology’s Next Generation Microscope: GIA® Gemolite® NXT Professional EditionGIA®’s most advanced microscope has new features to optimize greater precision and comfort.
IndependentsJul 25, 2024
Store Designer Ruth Mellergaard DiesA longtime member of IJO, she’s remembered for her passion for design, learning, and environmentalism.
FinancialsJul 25, 2024
Boucheron, Pomellato Post Double-Digit Growth in Q2 The gains come amid a tough time for parent company Kering, which saw sales slide 11 percent in the first half of the year.
MajorsJul 25, 2024
Shane Co. Partners With Kids In Need Foundation to Donate 7,200 BackpacksThe fine jewelry retailer filled backpacks with back-to-school essentials for students in 13 states.
FinancialsJul 24, 2024
LVMH’s First-Half Jewelry, Watch Sales Dip 5%Tiffany & Co. is focusing on its “iconic” collections while the company has made changes at the top at TAG Heuer and Hublot.
MajorsJul 24, 2024
See Chaumet’s Paris Olympic Medals Inspired by its High JewelryThe Parisian brand is the first jewelry company in the history of the Olympic and Paralympic Games to design the medals.
MajorsJul 24, 2024
Jewelers Mutual Acquires Pawnbroker Insurance ProviderUnion Life & Casualty will join JM Insurance Agency Partners, expanding the provider’s pawnbroker coverage.
MajorsJul 24, 2024
Ben Bridge Announces 2024 Lonia Tate Scholarship WinnerLos Angeles-based Bradlei Smith was selected for this year’s award.
ColumnistsJul 23, 2024
Peter Smith: The Case for Optimism in Sales In his latest column, Smith shares multiple reasons why people who look at the glass as being hall full often make better salespeople.
SourcingJul 23, 2024
De Beers’ Production Drops 15% in Q2The company also reported the $150 million sale of an iron ore royalty right, part of its ongoing effort to divest “non-core” assets.
IndependentsJul 23, 2024
Long’s Jewelers Is Giving Away a Luxury Cape Cod VacationThe giveaway is part of the New England jeweler’s summer bridal event.
CollectionsJul 23, 2024
Guzema Debuts ‘Flower Power’ CampaignThe ad features three celebrity florists creating floral sculptures while wearing jewelry by Guzema.
Policies & IssuesJul 23, 2024
Diamonds Do Good Announces Its 2024 Entrepreneurship Grant WinnersThe grant provided a total of $100,000 to support 13 entrepreneurs from diamond communities in Africa and India.
CrimeJul 22, 2024
Florida Jeweler Shot, Killed Following Argument With CustomerGhazi Michel Osta, or “Gus,” was killed Friday by an 83-year-old man said to be a frequent customer at his store, Volusia Gold & Diamond.
Policies & IssuesJul 22, 2024
JVC’s Elyssa Jenkins-Pérez Joins RJCThe organization also announced Effie Marinos as its new specialist advisor for technical standards, as well as four other appointments.
SourcingJul 22, 2024
AWDC Names Karen Rentmeesters as CEORentmeesters has served as interim CEO since April following former CEO Ari Epstein’s resignation.
IndependentsJul 19, 2024
Longtime D.C. Jeweler Brian Mann Dies at 70Mann, whose family’s jewelry store was located inside the Pentagon, is remembered for being a thoughtful champion of the industry.
IndependentsJul 19, 2024
The 1916 Company Opens New Tudor BoutiqueThe 500-square-foot boutique is located in Denver’s Cherry Creek Shopping Center.
CollectionsJul 19, 2024
Piece of the Week: Messika’s ‘So Move Max’ NecklaceDance all night long with the “So Move Max” set’s necklace.
WatchesJul 18, 2024
TAG Heuer, Hublot Will Have New CEOs Luxury giant LVMH is reshuffling the leadership in its watches division.
