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The Sotheby's Auction Fetches a $11.3 Million Dollar Tiara

 - May 19, 2011
References: sothebys & extravaganzi
If you were in Geneva on May 17, 2011, then you may have experienced one of the most extravagant auction shows of a lifetime.

The Sotheby's auction is noted for displaying some the world's most expensive art and jeweled items for auction. This year, a rare tiara was up for grabs that was once in the collection of Princess Katharina Henckel Von Donnersmark. This unique hand-made tiara features 11 pear-shaped rare Colombian emeralds that weigh over 500 carats all together. According to Extravaganzi, "Each emerald has been drilled and held in diamond set cusp motifs, the nine largest tipped by rose diamonds, mounted in silver and gold, later detachable tiara fitting."

The tiara was expected to turn around $5 million to $10 million; however, one buyer forked over a whopping $11.3 million. This is one sale for the record books.