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AUCTION

Old Eiffel Tower steps sold off at Paris auction

A piece of Parisian history went under the hammer on Monday when a 19-step section of the Eiffel Tower's original spiral staircase was sold at auction in Paris. The steps were expected to fetch around €30,000 but in the end went for a lot more.

Old Eiffel Tower steps sold off at Paris auction
Eiffel Tower steps go for €225,000. Photo: AW Sheffield/Flickr

The iron steps, which once connected the tower's second and third levels, were part of a sale of Art Deco furniture by auction house Artcurial in the French capital.

The steps were expected to fetch between $27,00 and $40,000, but in the end they went for €170,000 ($230,000) to a Portuguese collector, who apparently intends to sell the steps on at a profit. Although the buyer has promisedthe steps will remain in Europe, if not France.

(Photo: On the White Line/Flickr)

They steps stand at around three and a half metres high (12 feet) and weigh 750 kilogrammes (1,650 pounds) and were often used in the winter when the lifts stopped working, recalled architect and historian Bertand Lemoine in Le Parisien.

"These steps were really dizzying, you really felt as though you were between the sky and the ground," he said.

The original steps were removed in 1983 to comply with new health and safety regulations.

They were dismantled and cut up into 24 sections of between six feet and 30 feet, Artcurial said in a statement.

One was preserved at the Eiffel Tower while three went to Paris museums. The other 20 were auctioned off.

Construction of the 1,063-foot Eiffel Tower, designed by engineer and architect Gustave Eiffel, began in 1887 and lasted just over two years. It was inaugurated in March 1899.

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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.”
 
 
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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.
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