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Callas jewellery auction raises record amounts > Gold News > World Gold Council, all about gold

 

Callas jewellery auction raises record amounts

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Friday, 19th November 2004 (5664 views)

The recently announced auction of top gold jewellery that belonged to opera star Maria Callas has raised a record amount.<BR/><BR/>Sotheby's sold a collection of eleven pieces and has revealed that the items sold for a record $2.9 million.<BR/><BR/>It has been revealed that the jewellery was auctioned in Geneva for an heir and considerably beat expectations.<BR/><BR/>David Bennett, who is the executive director of the auction house's jewellery department, stated: "The collection sold at roughly three times the low end of the pre-sale estimate."<BR/><BR/>The most expensive item was an 11.7-carat diamond ring, which sold for nearly $400,000, whilst an 18 carat gold evening bag sold for $45,000 - nine times its estimated value.<BR/><BR/>Around 200 collectors and opera fans attended the event.<img src="http://directnews.dehavilland.co.uk/dn.gif?feedid=196&itemid=7105454"/>

 

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