(Worldkings) Auction Market Around the World - P178. Christie's Rakes In Over $100 Million From Auction of Indian-Themed Jewelry and Artifacts


(Worldkings.org) - Christie’s Maharaja Mughal Magnificence auction in New York totaled $109,271,875, the highest total for any auction of Indian art and Mughal objects, and the second highest auction total for a private jewelry collection

 Christie’s highest total for a single-owner collection at auction was the collection of Elizabeth Taylor, which totaled $115.9-million in 2011.

Twenty-nine pieces in the marathon 12-hour sale of 400 items sold for over $1-million. The top lot was a Bell Époque Devant-de-corsage (called “stomacher” in English; a kind of brooch that fits into the bodice of a woman’s dress and hangs over the stomach) made by Cartier, Paris, in 1912, which sold for $10,603,500. Top lots included: the Mirror of Paradise, a 52.58 carat D color, internally flawless diamond, which sold for $6,517,500; The Shah Jahan Dagger, for $3,375,000, establishing the record price for an Indian jade object; and an antique imperial spinel, pearl and emerald necklace for $3,015,000; and the Golconda diamond riviere necklace, which sold for $2,415,000.


The items, from the Al Thani private collection of Indian and Mughal jewelry and jeweled objects, was exhibited in London, Shanghai, Geneva and Hong Kong previous to the New York exhibition and auction, drawing more than 50,000 visitors. The five-day New York exhibition drew 1,500 visitors per day. The Al Thani collection, owned by the non-profit Al Thani Collection Foundation, is housed in the Hotel de la Marine in Paris. Part of the sale proceeds will support ongoing initiatives of The Al Thani Collection Foundation which extend from exhibitions, publications and lectures to sponsorships of projects at museums around the world.


Additional highlights of the collection include: a spinel, natural pearl, diamond and emerald bead Imperial Moghul necklace and earrings that sold for $1,935,000; an enameled and gem set model of a parrot, which sold for $1,035,000; and an enameled and gem set Huqqa, which sold for $759,000. Bidders from 45 countries across 11 continents participated in the auction.



According to forbes.com


towerWorldKings journeys
CAMBODIA BOOK OF RECORDSWorld Records University