The Star Malaysia

Marie Antoinette pendant fetches record US$36mil

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GenevA: A pearl and diamond pendant owned by Marie Antoinette before she was beheaded during the French Revolution sold for US$36mil (RM151mil) at an auction, shattering its pre-sale estimate of up to US$2mil (RM8mil).

The Sotheby’s auction at an ultra-luxurious hotel on the banks of Lake Geneva saw feverish bidding for a 10-piece collection owned by the ill-fated queen, featuring jewels unseen in public for two centuries.

The 10 items, which had been estimated to fetch a total of roughly US$3mil (RM12.5mil), sold on Wednesday for a combined sum of nearly US$43mil ( RM180mil), Sotheby’s said.

A diamond brooch pegged to go for roughly US$80,000 (RM335,559) sold for US$1.75mil (RM7.3mil), excluding fees, one of several pieces that brought in more than 20 times its estimated worth.

But the highlight was the pendant featuring an oval diamond and drop-shaped pearl, which Sotheby’s said went to an anonymous, private buyer, without giving further details.

Sotheby’s also said the pendant set a new record price for a pearl jewel sold at auction.

“Marie Antoinette’s pendant is simply irreplacea­ble and the price it fetched is about far more than the gem itself,” Eddie LeVian, the chief executive of jewellers Le Vian, said in a statement.

“It captures everyone’s imaginatio­n,” he added.

“This is the ultimate proof, if it were needed, that the world’s ultra high net worth individual­s love rare, natural fancy coloured diamond and pearls jewels as investment­s, and especially those with royal provenance.”

Marie Antoinette, who historians say was reviled by much of the French public over her lavish spending in the midst of a national financial crisis, was guillotine­d in Paris in October 1793 at the age of 37.

After her death, her jewels followed a winding path highlighti­ng European power dynamics in the 18th and 19th centuries.

 ??  ?? Drop of perfection: The sale of Marie Antoinette’s pearl and diamond pendant shattered its pre-sale estimate of only US$2mil. — AFP
Drop of perfection: The sale of Marie Antoinette’s pearl and diamond pendant shattered its pre-sale estimate of only US$2mil. — AFP

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