Henry Dunay Inventory Sold

About an hour ago, the U.S. Bankruptcy Court certified the winner of yesterday’s Henry Dunay auction: It was SimplexDiam along with Windsor Jewelers.

The retail value of the inventory is approximately $50 million. A purchase price has not  been listed in the court papers, but Dunay told me it was $3.5 million.

Both Windsor and Simplex are not strangers to bankruptcy auctions: Simplex was among the purchasers of inventory in the Christian Bernard, Friedman’s, Whitehall, and Colibri liquidations, and Windsor has purchased pieces from the Fred Leighton Estate.

Meanwhile, Dunay, considered the “Father of American Jewelry Design,” said that he was saddened by the sale of so-many of his ground-breaking pieces, and isn’t sure of his next move.

“I just need to take a long weekend,” he said. “It’s been a long six months.”

 

 

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JCK News Director