Hey there, jewel junkies! The glitz and glam of the auction world just hit a new high, but not without its fair share of drama.
The late Austrian billionaire, Heidi Horten’s jaw-droppingly gorgeous jewelry collection just made history, raking in a cool $201 million. Yes, you read that right, million.
The Lady and Her Lavish Collection
Heidi Horten, a name synonymous with opulence and art, left behind an assortment of over 700 drool-worthy jewels.
From emerald bangles by Bulgari to the 90-carat “Briolette of India” diamond necklace, her collection was a treasure trove of sparkle and shine.
Going Once, Going Twice, Sold!
This monumental sale took place last week at the swanky Four Seasons Hotel des Bergues in Geneva, Switzerland, and was accompanied by an online auction.
The glitzy pieces fetched more than anyone ever imagined, breaking the record set by the legendary Elizabeth Taylor’s collection in 2011.
Yet, not all that glitters is gold. Several big-ticket items, including a ruby and diamond Cartier ring and a Harry Winston diamond necklace, surprisingly underperformed at the auction.
Every Gem Has Its Flaws
Just like every diamond, this auction had its share of imperfections. The sheen of the sale was dimmed by a controversy surrounding the source of Horten’s wealth.
Heidi’s husband, Helmut Horten, allegedly profited from Jewish businesses sold under duress during the Nazi era.
This led to numerous Jewish groups calling for a halt to the auction until a thorough investigation was conducted.
But the show went on. Christie’s, the veteran auction house, defended its decision to proceed, citing that the source of Horten’s wealth was a matter of public record.
They also made a commitment to make a significant contribution from the sale’s proceeds to organizations advancing Holocaust research and education.
A Glittering Legacy
Let’s not forget that this dazzling auction was not just about record-breaking prices and controversy. The proceeds will also go to The Heidi Horten Foundation, a beacon of philanthropy, supporting causes such as medical research, child welfare, and, of course, art.
The Bling Continues
If you missed out on this extravagant spectacle, worry not!
Another online auction is set to take place in November, which means there’s still a chance for you to grab a slice of this glittering pie.