Sotheby’s recent auction brought in $52M which included $4.3 million for the highest-profile lot, a Van Cleef & Arpels diamond necklace worn by the late Queen Nazli of Egypt.
The bib-style piece was commissioned by the Queen for her daughter’s wedding in 1939. Sotheby’s had estimated its value at $3.6 million to $4.6 million, according to the auctioneer’s website.
It features 217 carats of diamonds in a ‘sunburst’ motif: at the center is a 6-carat round diamond, with 118 larger round diamonds weighing approximately 134 carats, a further 27 carats of smaller round diamonds and 50 carats of baguette diamonds.
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