Jewel Market Insights: Mysterious Diamond Necklace Linked to Marie Antoinette
The Jewel of History: Sale of Marie Antoinette's Diamond Necklace
A remarkable jewel was auctioned on Wednesday in Geneva—a diamond necklace possibly connected to the scandal that marked the downfall of Marie Antoinette. Fetching an astonishing $4.8 million, this jewel comprises around 300 carats of dazzling diamonds.
Details of the Auction
- The necklace was expected to sell for $1.8-2.8 million.
- After a fierce bidding war, the final hammer price reached 3.55 million Swiss francs.
- Sotheby's later confirmed the total price, including taxes and commissions, at 4.26 million francs.
Buyer and Market Implications
An unidentified bidder secured the jewel over the phone, highlighting the interest in historic pieces. This auction not only signifies the value of the necklace but also suggests a growing appetite in the market for significant historical artifacts.
Conclusion on the Auction's Impact
The sale of this jewel paints a promising picture for the future of antique jewelry in the auction market. Collectors and investors alike should take note of this trend.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.