World’s most expensive auctioned tiara: $12 million

Sotheby’s auction sale has beaten the world auction record of an emerald jewelry piece with a $12 million rare emerald and diamond tiara on May 23, 2011 Tuesday.

David Bennett, chairman of Sotheby’s jewelry department for Europe and the Middle East stated that “This evening’s results, across the board–in noble jewels, diamonds, colored gemstones, and pieces signed by the world’s greatest jewelers–show the extraordinary appetite among connoisseurs for rarity, quality and provenance.”

The Sotheby’s last Tuesday auction sales realized a total of $89 million.

On the other hand, a 10-carat, rare, fancy intense pink diamond ring was sold nearly $11 million. And a 56-carat heart-shaped diamond was sold more than $10 million.

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This entry was posted in Celebrity Jewelry, Diamond jewelry, Diamonds and tagged , , . Bookmark the permalink.

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