The 700-piece private jewelry collection of the late Austrian billionaire Heidi Horten, the largest and most valuable collection of its kind in the world to come to auction, could sell for more than $150 million, Christie’s announced Monday. .
The jewels of an Austrian billionaire, auctioned for over 150 million dollars
Some of his most spectacular pieces include Harry Winston’s 90-carat “Briolette of India” diamond necklace and Cartier’s “Sunrise Ruby” diamond and ruby ring, which is estimated to be worth $20 million .
The collection, acquired between the early 1970s and Horten’s death last year, also includes over 100 Bulgari pieces.
Christie’s stated that the proceeds from the auctions will be directed to the Heidi Horten Foundation, which supports charitable causes, including in the field of health and child protection.
Before agreeing to auction the collection, Christie’s said it considered the business practices of Ms. Horten’s first husband, Helmut Horten, the German department store magnate, who during the Nazi period “bought Jewish businesses that were sold under pressure”.
“What is important is that we have been completely transparent,” Rahul Kadakia, head of international jewelery at Christie’s, told Reuters.
“We are selling this collection in its identity as Horten. It is not being sold as an anonymous collection.”
Christie’s said it would make a “significant contribution” from the final proceeds to Jewish organizations to promote Holocaust research and education. He did not disclose the amount.
“Of course we can’t erase history,” said Max Fawcett, head of jewelry at Christie’s in Geneva.
“But we hope the funds from this sale will be used to do good in the future.”
Christie’s will auction 400 pieces in Geneva on Wednesday and Friday and hold an online sale. It will hold a second online sale for the rest of the collection in November.
For the most important news of the day, transmitted in real time and presented equidistantly, LIKE our Facebook page!
Follow Mediafax on Instagram to see spectacular images and stories from around the world!
The content of the www.mediafax.ro website is intended exclusively for your information and personal use. It is forbidden republication of the content of this site without the consent of MEDIAFAX. To obtain this agreement, please contact us at [email protected].
PHOTO. The Romanian footballer’s wife looks spectacular! The ex-gymnast is making waves on social media in provocative outfits
PROSPORT.RO
Stefania Stănilă, thrown out of Survivor! Theatrical blow in the Pro TV show
CANCAN.RO
Announcement of the moment from Digi RCS-RDS. All subscribers in Romania are affected, starting from May 8, 2023
GANDUL.RO
