Marie Antoinette pendant fetches $36 million, shattering estimate | Fin24
 
In partnership with
Loading...

Marie Antoinette pendant fetches $36 million, shattering estimate

Nov 15 2018 13:43
Portrait of Marie-Antoinette with the rose. Oil on

Portrait of Marie-Antoinette with the rose. Oil on canvas, Versailles. Dated 1783 and painted by Vigée-Le Brun. (Photo by: Universal History Archive/UIG via Getty Images)

Related Articles

'Incomparable' $50m pink diamond once owned by Oppenheimers smashes record at auction

De Beers is said to make big cuts in low-end diamond prices

WATCH: Rare pink diamond once owned by Oppenheimers may sell for $50 million

Anglo will dig more platinum and diamonds than expected

 

Geneva  -A pearl and diamond pendant owned by Marie Antoinette before she was beheaded during the French revolution sold for $36m at an auction on Wednesday, shattering its estimated sale price of up to $2m.

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 pieces, which had been estimated to fetch a total of roughly $3m, sold for a combined total of nearly $43m, Sotheby's said.

In one example, a diamond brooch pegged to go for roughly $80 000, sold for $1.75m.

But the highlight was the natural pearl and diamond pendant, which Sotheby's said went to an anonymous, private buyer, without giving further details.

Marie Antoinette's dazzling treasures had been held by the Italian royal House of Bourbon-Parma.

The jewels have followed a winding path highlighting European power dynamics in the 18th and 19th centuries.

According to accounts written by the queen's lady-in-waiting, Madame Campan, Marie Antoinette spent an entire evening in the Tuileries Palace wrapping all her diamonds, rubies and pearls in cotton and enclosing them in a wooden chest.

They were sent to Brussels, governed by her sister Archduchess Marie-Christine, before being sent on to the French queen's native Austria, and into the safe-keeping of her nephew, the emperor.

In 1792, the royal family was imprisoned in Paris. The king and queen were executed the next year, and their 10-year-old son died in captivity.

Only their daughter, Marie Therese of France, survived. She was sent to Austria in 1796, where she was given her mother's jewels.

She had no children herself, but passed on the treasures to her niece and adopted daughter, Louise of France, Duchess of Parma, who in turn left them to her son, Robert I (1848-1907), the last ruling Duke of Parma.

They have been privately owned by relatives ever since.

* Sign up to Fin24's top news in your inbox: SUBSCRIBE TO FIN24 NEWSLETTER

jewellery
NEXT ON FIN24X

 
 
 
 

Company Snapshot

#MINIBUDGET2019

Struggling power utility Eskom will take centre stage at this year's mini budget
 

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

What do you think about private healthcare in SA?

Previous results · Suggest a vote

Loading...