This October marked Hindman’s 40th anniversary. With this impressive milestone, the auction house is excited to reflect upon the last four decades and just how far Hindman has come.
This year, Hindman is on track to sell more than $100 million of property at auction across all categories. It achieved the best-ever start to a year in 2022—from January 1 through the end of June, it held 67 auctions and saw an incredible 188% increase in first half performance over the last five years. Since then, Hindman has gone from strength to strength, averaging a 90% sell-through rate by lot and 135% sell-through rate by value year to date.
This success has been driven by a year of exciting auctions like the stellar single-owner sale Casting Spells: The Gertrude Abercrombie Collection of Laura and Gary Maurer. Hindman’s fine art team capitalized upon the strong market for female artists, presenting 21 works by “The Queen of the Bohemians” from the preeminent private collectors of the artist. The sale was a resounding success—all but one work sold with the auction doubling its pre-sale estimate. In the jewelry category, diamonds continue to perform very well. as expected. In September, Hindman sold a stunning 7.40 carat Harry Winston diamond ring for $362,500, one of ten diamond lots to reach six figures this year at the auction house.
But it hasn’t just been success on the auction block that has made this a momentous 2022 for Hindman. Earlier this year, it moved into a brand-new Cincinnati office, and in the fall, it will expand into new markets in the Northeast and Southeast. Here in St. Louis, Hindman redoubled its commitment to local service, bringing in specialists across categories to evaluate clients’ property and transporting highlights from its Chicago fine art auctions to be previewed locally.
Despite the momentous changes and globalization of the art market over the past 40 years, Hindman’s core values have stayed the same. The auction house is committed to providing the most client-centric services in the industry. Its full-service approach means that it is prepared to assist all types of clients, whether they’re looking to downsize, settling an estate, seeking a formal appraisal or looking to deaccession property that no longer fits a museum’s mission.
As 2022 begins to wind down, Hindman has an exciting schedule to close out the year including major design, fine art, jewelry, and couture and luxury accessories auctions for those looking to add to their collections. If you’re thinking about selling, now is the perfect time to contact Hindman about including property in its 2023 auctions. With more than 125 auctions on the schedule for next year, there is sure to be one that will be a perfect fit for your property.
32 N. Brentwood Blvd.
314.833.0833
hindmanauctions.com
Pictured at top: A Harry Winston diamond ring sold by Hindman in September for $362,500.
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