Freeman’s Realizes $3,259,520 in June 10 Important Jewelry Auction Featuring Grace & Gavel: Jewelry from the Estate of Sandra Schultz Newman

Freeman’s Important Jewelry sale on June 10 in New York realized $3,259,520 with an 86% sell-through rate.

The sale was led by the single-owner collection Gavel and Grace: Jewelry from the Collection of the Honorable Sandra Schultz Newman, featuring a diamond ring that achieved $480,000. With strong results in signed jewelry, fine diamonds, and colored gemstones, the auction achieved a 92% sell-through by value, and 56% of lots sold at or above estimate. 

April Matteini, SVP | Head of Department, Jewelry, reflected on the sale. "Wednesday's auction showcased Freeman’s national reach, bringing fresh to the market property from San Francisco to Naples, Florida, led by the personal collection of Justice Sandra Schultz Newman and her extraordinary diamond. We were thrilled by the market’s continued enthusiasm for such property.” 

Remarkable Estate Success: Jewelry from the Estate of the Honorable Sandra Schultz Newman 

 
 
Lot 100 | Onyx, Diamond, and Yellow Gold Collar Necklace | Sold for $24,320 

The day’s top achievements were outstanding pieces from the Estate of Justice Sandra Schultz Newman, which sold for $772,480. The collection’s sell-through rate was 87% by lot and 97% by value.  

The auction’s top lot was a remarkable diamond and platinum ring featuring a 19.12-carat emerald-cut diamond (Lot 95), selling for $480,000 against a low estimate of $350,000. This ring, purchased with the winnings from Justice Newman’s record-setting racehorse, Nihilator, perfectly captures her bold elegance and refined confidence.  

A Philadelphia native, Justice Newman built a pioneering legal career marked by historic firsts, including serving as Montgomery County’s first female Assistant District Attorney and becoming the first woman elected to the Pennsylvania Supreme Court. Robust results from the collection underscore the enduring value of estate jewelry and the continued strength of the fine jewelry market. 

Additional property from the Estate of Justice Sandra Newman will be offered in a dedicated single-owner auction on June 23, live in Philadelphia.  

Additional Newman Collection Highlights 

• Lot 97 | Diamond and White Gold Necklace 
  Sold for $14,080 

• Lot 123 | Multigem, Diamond, and Yellow Gold Chain Necklace 
  Sold for $17,920 

• Lot 138 | Art Deco, Platinum and Diamond Bracelet 
  Sold for $14,080 

Continued Momentum with Signed Jewelry: Buccellati, Cartier, and Marina B.  

 
From Left to Right: Lot 76 | Marina B, Diamond and Yellow Gold 'Esclave' Choker Necklace | Sold for $89,600 
Lot 34 | Cartier, Art Deco, Yellow Gold and Multigem Table Box | Sold for $73,600 

Concluding the summer auction’s successes were unique signed pieces by Buccellati, Cartier, and Marina B. Resplendent with gold and colorful floral motifs, the star pieces of the day included a Marina B Diamond and Yellow Gold 'Esclave' Choker Necklace (Lot 76), which sold for $89,600 against an estimate of $25,000–$35,000; a Cartier Art Deco Yellow Gold and Multigem Table Box (Lot 34) that sold for $73,600 versus an estimate of $40,000–$60,000; and a Buccellati Sapphire, Emerald, and Diamond Giardinetto Brooch (Lot 23), which fetched $35,200 compared to an estimate of $12,000–$18,000.  

Additional Auction Highlights 

• Lot 145 | Diamond Ring | Sold for $60,800 

• Lot 73 | Van Cleef & Arpels, Diamond, Yellow Diamond, and Yellow Gold 'Gardenia' Earrings | Sold for $51,200 

• Lot 74 | Van Cleef & Arpels, Fancy Vivid Yellow Diamond, Diamond, and Yellow Gold 'Gardenia' Brooch | Sold for $51,200 

• Lot 94 | Diamond Drop Earrings | Sold for $51,200 

• Lot 162 | Diamond and White Gold Line Necklace | Sold for $44,800