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Subject: Wallis Simpson bracelet breaks auction records
Written By: Philip Eno on 12/01/10 at 1:55 pm
A bracelet owned by Wallis Simpson, whose affair with Edward VIII led to his abdication, has sold for a world record-breaking £4.5m ($7m) at auction.
The Cartier-designed diamond panther bracelet, was sold by Sotheby's.
It was the most expensive bracelet and most expensive Cartier item to be sold at any auction.
It was one of 20 pieces owned by the Duke and Duchess of Windsor to go under the hammer in the sale, which raised a total of £7,975,550 ($12,417,369m).
The jewellery collection had been expected to fetch around £3m ($4.6m).
A ruby, sapphire, emerald, citrine and diamond Cartier flamingo clip was another big seller reaching £1,721,250 ($2,679,712). All prices include the buyer's premium.
David Bennett, chairman of Sotheby's Jewellery in Europe and the Middle East, said the Duchess was "a leader of fashion and the epitome of elegance and sophistication for her generation and beyond".
He said: "The offering comprises not only incomparable examples of the genius of Cartier in collaboration with the Windsors, but also pieces whose inscriptions tell the story of perhaps the greatest love story of the 20th century, the romance that led Edward VIII to abdicate the throne of Great Britain."
Subject: Re: Wallis Simpson bracelet breaks auction records
Written By: ladybug316 on 12/01/10 at 3:34 pm
Do they know the buyer?
Subject: Re: Wallis Simpson bracelet breaks auction records
Written By: Philip Eno on 12/01/10 at 3:38 pm
Do they know the buyer?
As it had not been announced, I guess the buyer wishes to remain anonymous.
Subject: Re: Wallis Simpson bracelet breaks auction records
Written By: danootaandme on 12/01/10 at 4:19 pm
They gotta stop with that "Greatest love story" stuff, though. Seems it was a disaster for the two of them, but a godsend for the British people.
Subject: Re: Wallis Simpson bracelet breaks auction records
Written By: Philip Eno on 12/02/10 at 2:35 am
They gotta stop with that "Greatest love story" stuff, though. Seems it was a disaster for the two of them, but a godsend for the British people.
Look out for the new film yet to be released "The King's Speech" which is all about this love affair.