SHARE
COPY LINK

SOTHEBY'S

Lollobrigida’s earrings set auction record

A pair of pearl earrings belonging to actress Gina Lollobrigida sold for an auction record of $2.39 million at Sotheby's Geneva on Tuesday as the veteran Italian star auctioned off some dazzling jewellery.

Lollobrigida's earrings set auction record
Photo: AFP

The lot, the highlight of the auction, went under the hammer for more than twice the pre-sale estimate, and in doing so broke the previous record for pearl earrings set by a pair from the jewel box of fellow screen siren Elizabeth Taylor in 2011.
   
Lollobrigida, a popular movie star in the 1950s and '60s, was selling off a 
collection created by Italian jewellers Bulgari, with some of the auction proceeds going to help stem cell research.
   
Lollobrigida, 85, said she was "very happy that the jewels would help a 
good cause.
   
"Selling my jewels to help raise awareness of stem cell therapy, which can 
cure so many illnesses, seems to me a wonderful use to which to put them," she said in a statement.
   
Sotheby's said the entire collection sold for a total of just under $5 
million.
   
In March Lollobrigida, star of "The World's Most Beautiful Woman" and "Come 
September", said she wanted to devote herself to sculpture and "a sculptor doesn't need jewellery".

Member comments

Log in here to leave a comment.
Become a Member to leave a comment.

DIAMOND

Rare pink diamond to go under hammer in Geneva

An extremely rare pink diamond will be auctioned in Geneva on November 11 by Sotheby's, which says it is worth between $23 and $38 million.

Rare pink diamond to go under hammer in Geneva
A model poses with the “The Spirit of the Rose” diamond during a press preview on Friday. Photo: Fabrice Coffrini/AFP
Named “The Spirit of the Rose” after a famous Russian ballet, the 14.83-carat diamond mined in Russia is the biggest ever to go under the hammer in its category — “fancy vivid purple-pink”.
 
The occurrence of pink diamonds in nature is extremely rare in any size,” Gary Schuler, head of Sotheby's jewellery division, said in a statement. “Only one per cent of all pink diamonds are larger than 10-carats.”
   
Speaking to AFP, Benoit Repellin, head of fine jewellery auctions at Sotheby's Geneva, said the oval-shaped diamond was “completely pure.”
 
 
READ ALSO: 
 
The rough diamond was unearthed by Russia's Alrosa — one of the world's leading diamond producers — in the Republic of Sakha in the northeast of the country in July 2017.
   
Repellin said it took a painstaking year for cutting masters to turn the diamond into its polished form.
   
Sotheby's said the world auction record for a diamond and any gemstone or jewel was the “CTF Pink Star”, a 59.60-carat oval pink diamond that sold for $71.2 million in Hong Kong in 2017.
   
According to Repellin, five out of the 10 most valuable diamonds ever sold at auction were pink.
   
The sale of this gem coincides with the closure of the world's largest pink diamond mine in Australia after it exhausted its reserves of the precious stones.
   
The Argyle mine, in the remote Kimberley region of Western Australia, churned out more than 90 percent of the world's pink diamonds.
SHOW COMMENTS