The Best Item of The Weekend at Leslie Hindman: Peg Nadel's Diamond

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A few times per year, Leslie Hindman and her team pull together and auction off some of the best fine jewelry and timepieces available in the Midwest. Clients from across the globe call-in while the most affluent in the Chicago area send representatives to hold a paddle.

Yesterday afternoon, in Leslie's first jewelry auction of the year was ushered in by balmy temperatures and way better than expected bids. The lots to watch were 302-306 which were all really big, juicy diamond pieces most of which were designed by Michael Beaudry. The diamonds were being consigned to Leslie by someone who represent the Securities and Exchange Commission's suit against ponzi schemer and ex-hedge fund manager, now convict, Arthur Nadel.

The most unexpected sale in quite some time was lot 306 which was a platinum and cushion cut diamond ring with two half moon-shaped diamonds in size seven weighing 8.48 carats. The estimated value before auction was a minimum of $150,000 which was eventually surpassed and sold for a lot more than anticipated at $292,000 including a buyers premium.

Leslie and her team are now looking for consignment through July 29th for the next fine jewelry and timepieces auction to take place September 18th.
· Leslie Hindman Auctioneers [Official Site]