Wednesday, December 01, 2010

Duchess of Windsor's Jewels Fetches $12.5 Million in Auction

Jewelry once owned by Wallis Simpson, former Duchess of Windsor, went on the auction block and sold for $12.5 million late Tuesday in London. The entire collection included 20 brooches, bracelets and other gems. Most noted items included an onyx and diamond Cartier bracelet in the shape of a panther along with a jewel-encrusted flamingo clip and a heart shaped brooch.

The emerald eyed panther bracelet alone sold for a surprisingly $7 million, the highest price ever received at auction.

This collection of jewelry was last sold in 1987 for $50 million, a record for a jewelry collection.