Sotheby’s Geneva Sale of Magnificent & Noble Jewels Sets a World Auction Record for a Tiara

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GENEVA.- This evening Sotheby’s Geneva sold the most important emerald and diamond tiara to have appeared at auction in over 30 years for CHF 11,282,500 /$12,736,927, the highest price ever achieved for a tiara at auction. Six bidders competed for the magnificent and extremely rare emerald and diamond tiara, circa 1900, which was formerly in the Collection of Princess Katharina Henckel von Donnersmarck (est. CHF 4.6-9.2 million/$5-10 million [lot 443]); the price it fetched also represented an auction record for a piece of emerald jewellery. The total for the entire sale of Magnificent and Noble Jewels was CHF 78,944,900/$89,121,687 (est. CHF 41.9 – 69 million / $ 47.3 – 77.9 million). Commenting on this evening’s sale, David Bennett, Chairman of Sotheby’s Jewellery Department for Europe and the Middle East, said: “Sotheby’s was