Magnificent Jewels and Noble Jewels, Geneva, 17 May 2011 Update

I left you hanging the other day after my emerald post. Two of the pieces I featured were to be auctioned Tuesday, May 17th in Geneva at the Sotheby's "Magnificent Jewels and Noble Jewels" event. The emerald and diamond tiara offered for the first time in over 30 years and an emerald and diamond ring. Read on to see if these amazing jewels hit their mark at the auction:

Sotheby’s May 17, 2011 Auction: 
“The Most Important Diamond and Emerald Tiara”
 
Estimated sale:  $5,000,000-$10,000,000

SOLD:  $12,736,927

Remember my TPW rule before you place your bid.

The most valuable emerald and diamond tiara to appear at an auction in more than 30 years will be auctioned by Sotheby's May 17 at its Magnificent and Noble Jewels sale in Geneva.  This highly important and rare tiara is composed of 11 Colombian emerald pear-shaped drops which total more than 500 carats.  The piece is estimated to sell for $5 million to $10 million.  The tiara was commissioned circa 1900, and was formerly in the collection of Princess Katharina Henckel von Donnersmarck.   

Sotheby’s May 17, 2011 Auction:

“12 Carat 16th Century Colombian Emerald Ring"

Estimated sale:   $500,000-$800,000

SOLD:  $625,981

Remember do not wear this while doing the dishes.

The thing I wonder about is who are the people who buy this jewelry and where do they wear it?  All I know is -  if I see someone heading my way with that tiara on when I'm in the paper towel aisle -  I know how much she paid for it.