Auctions

WFDB Joins Those Objecting to Heidi Horten Auction at Christie’s

AuctionsMay 08, 2023

WFDB Joins Those Objecting to Heidi Horten Auction at Christie’s

Jewish organizations are calling on Christie’s to halt the auction or donate a greater portion of the proceeds to Holocaust education.

20230508_Heidi Horten Bulgari Necklace.jpg
This Bulgari diamond, sapphire, and emerald necklace is part of Christie’s auction of the jewels of late Austrian billionaire Heidi Horten. After a New York Times report detailed how her husband, Helmut Horten, profited when the Nazis forced Jewish business owners to sell at rock-bottom prices, organizations are calling for Christie’s to call off the sale or for a larger portion of the proceeds to be donated to Holocaust education.
New York—Christie’s auction of the jewels of late Austrian billionaire Heidi Horten first made headlines for its show-stopping pieces, but the dark backstory of how her husband built his fortune continues to overshadow the sale.

Late last month, The New York Times detailed how Helmut Horten profited when the Nazis forced Jewish people to sell their businesses at low prices.

This report and Christie’s plans to move forward with the jewelry auction have sparked outrage within the jewelry industry as well as among Jewish organizations.

In a letter to François Curiel, chairman of Christie’s Europe, dated May 5 the World Federation of Diamond Bourses said it objects to the sale and felt it necessary to express its outrage.

“In a time of Holocaust denial and the resurgence of anti-Semitism around the world, we find it especially appalling that a world-renowned auction house would engage in such a sale,” wrote WFDB President Yoram Dvash.

In an earlier statement, Christie’s CEO Guillaume Cerutti said: “It was never Christie’s intention to hide information about the well-documented history of Mr. Horten and we have added relevant information to our sale materials and website to ensure that the facts are clear to all.”

Following the backlash, the auction house said it will be donating a “significant” portion of the final sale proceeds to unspecified organizations that further Holocaust research and education.

WFDB is asking Christie’s to go a step further than that.

“The WFDB strongly requests that if Christie’s insists on holding the Horten auction, that you personally ensure that the major portion of the proceeds be donated by Christie’s to charities supporting the welfare of Holocaust survivors, as well as commemoration and education.”

The organization also requested that the amount of the contribution and its recipients be shared with the public.

In a statement shared with National Jeweler this morning, Anthea Peers, president of Christie’s Europe, Middle East and Africa, said Christie’s was aware of how Helmut built his wealth but added, “However—and without ignoring or excusing Mr. Horten’s actions in any way— the jewelry collection of his wife, Heidi Horten, was assembled decades later, between the beginning of the 1970s and 2022, the year of her death.”

As for the donation, Christie’s reiterated that a “significant portion” of its commission will be donated to Holocaust research and education.

“It will be up to these organizations, if they wish, to communicate about these donations,” said Peers.

 Related stories will be right here … 

Other organizations have joined the call for Christie’s to increase the size of its donation or halt the jewelry auction entirely.

In a statement, the American Jewish Committee said the fact that the auction proceeds will go to charity, including some to Holocaust organizations, was not enough.

“One of the most challenging tasks in addressing the legacy of the Holocaust is providing justice for the massive looting of its victims. There are still many barriers to securing restitution,” said AJC.

“It is even more difficult when unscrupulous businessmen took advantage of aryanization laws and the desperate needs of Jews fleeing the Nazis to amass their fortunes.”

The AJC asked that the auction be put on hold while it was determined what portion of Helmut’s wealth came at the expense of Nazi victims. Funds should then be directed to support Holocaust survivors and the educational programs that enable them to tell their stores.

The Simon Wiesenthal Center, a Jewish global human rights organization based in Los Angeles with offices across the world, also called for the halt of the auction until more research can be done.

“Christie’s must suspend this sale until full research of links to Nazi era acquisitions are completed,” said Rabbi Abraham Cooper, associate dean and director of global social action. “Don’t reward those whose families may have gained riches from desperate Jews targeted and threatened by the Nazis.” 

In her statement, Peers said: “As with all property entrusted to Christie’s, this collection has undergone a thorough verification process. The provenance of each of the 700 objects up for auction is well documented, with detailed indications of purchase, and none of these jewels come from a spoliation or a forced sale from a Jewish owner.”

Christie’s estimates “The World of Heidi Horten” sale will fetch $150 million, surpassing the auction record set by the sale of Elizabeth Taylor’s private collection in 2011 (total: $137.2 million).

The sale of Horten’s jewels will benefit The Heidi Horten Foundation, which supports her art museum, The Heidi Horten Collection in Vienna, and other causes.

A viewing will take place in Geneva this week, with the first part of the auction scheduled for Wednesday, and the second for Friday. 

There will also be two online sales. The first online sale is taking place now through May 15 with November dates to follow for the remaining jewels.

The Latest

Jeffrey Zimmer Reeds Jewelers
IndependentsOct 16, 2025
Retailer Hall of Fame 2025: Jeffrey Zimmer

Jeffrey Zimmer's decades of leadership at Reeds Jewelers are defined by integrity, a love of sourcing gemstones, and a heart for community.

Oscar Heyman 2025 Holiday Catalog Cover
MajorsOct 16, 2025
Oscar Heyman’s Holiday Catalog Is Out, and It’s Spectacular

The holiday catalog for 2025 features never-before-seen images of more than 100 one-of-a-kind masterpieces.

Foundrae United in Love Campaign Imagery
CollectionsOct 16, 2025
Foundrae Adds To ‘United in Love’ Collection

The brand has released a second installment of its collection of traditional and non-traditional commitment heirlooms.

LIM-401 2024 National Jeweler Supplier Bulletin- iD100 Web and Eblast FINAL (2) (1).jpg
Brought to you by
Protect Your Customers and Your Business

You deserve to know what you are selling–to protect your customers as well as your business and your reputation.

Kathy Corey
IndependentsOct 15, 2025
Retailer Hall of Fame 2025: Kathy Corey

Corey rescued New England chain Day’s Jewelers, preserving its legacy with strong people skills, pragmatism, and a “get-it-done” attitude.

Weekly QuizOct 16, 2025
This Week’s Quiz
Test your jewelry news knowledge by answering these questions.
Take the Quiz
Colorado jeweler Peter Damian Arguello
CrimeOct 15, 2025
Men Receive Lengthy Prison Sentences for 2023 Murder of Colorado Jeweler

Charles Robinson Shay was sentenced to life in prison plus 120 years while his accomplice, Michael James McCormack, got 75 years.

Douriean Fletcher Messenger Collection
Events & AwardsOct 15, 2025
‘Douriean Fletcher: Jewelry of the Afrofuture’ Opens at MAD

The Museum of Arts and Design's new exhibition features 75 pieces by the designer, best known for her work in the “Black Panther” films.

ja_fall_2024_by_headshot_stories_6824.jpg
Brought to you by
JA New York Fall Is Right Around the Corner

The upcoming show provides savvy retailers with the opportunity to stock their cases with best sellers in advance of the holiday season.

Logo for Timepieces at Luxury
Events & AwardsOct 15, 2025
JCK, Luxury to Debut New Watch Section in Vegas Next Year

Timepieces at Luxury will take place at The Venetian and, like Luxury, will be invitation-only for the first two days.

Schwanke-Kasten Jewelers, Tom Dixon
IndependentsOct 14, 2025
Retailer Hall of Fame 2025: Tom Dixon

As chairman of Schwanke-Kasten Jewelers, Tom Dixon has been tasked with honoring the past and shaping the future of the family-run store.

Katty Villapando Lyte and Mica Rencher of Shimmer LLC
Events & AwardsOct 14, 2025
Here Are the Winners of the BIJC, JA ‘Emerging Jewelers’ Grant

Katty Villapando Lyte and Mica Rencher received a $10,000 grant for their business, Shimmer Culture LLC.

Cooper Flagg family at Day’s Jewelers
IndependentsOct 14, 2025
Day’s Jewelers Crafts Custom Jewelry for No.1 NBA Draft Pick Cooper Flagg

The parents of the Dallas Mavericks rookie bought their engagement ring at a Day’s store in Bangor, Maine, in 1997.

Pragnell Kitulo Garnet collection
SourcingOct 14, 2025
Pragnell Debuts Kitulo Garnet Jewelry

The UK-based brand sourced the gemstones, which are fully traceable, from an artisanal mining community in Tanzania.

Astrid & Miyu 2025 12-Day, 24-Day, Solid Gold Advent Calendars
CollectionsOct 10, 2025
Count Down to the Holidays With Astrid & Miyu’s Advent Calendars

The trio of Advent calendars include a version with 18-karat gold and lab-grown diamond jewelry in a red lacquer jewelry box.

Front of Marla Aaron porcelain Nymphenburg Lock
CollectionsOct 10, 2025
Piece of the Week: Marla Aaron’s ‘Nymphenburg Lock’

Created in collaboration with Nymphenburg Porcelain, the lock is part of a four-piece collection that took two years to bring to fruition.

Alisa Bunger Frederick Goldman
MajorsOct 10, 2025
Frederick Goldman Names New VP of Sales

Jewelry industry veteran Alisa Bunger has taken on the role.

Feriel Zerouki, De Beers Chief Trade and Industry Officer
SourcingOct 09, 2025
Feriel Zerouki Is Leaving De Beers

The company and industry leader’s two-decade tenure with De Beers will come to a close at the end of the month.

Fabergé Imperial Winter Egg
AuctionsOct 09, 2025
This Fabergé Egg Could Crack $27M At Auction

“The Winter Egg” set the world auction record for a Fabergé piece twice at previous Christie’s sales.

Kessler watch battery recycling program
MajorsOct 09, 2025
Sy Kessler Buying Watch Batteries as Silver Hits Record High

The company will pay 1.5x silver’s current spot price for each pound of silver oxide batteries submitted.

Katkim Men’s Collection Shadow Pendant Necklace and Anerise Signet Band
CollectionsOct 09, 2025
Katkim Launches First Men’s Collection

The line includes a “Shadow” series crafted exclusively for the new men’s offering and reimagined styles from the brand’s core collections.

Gemfields Rough Rubies
SourcingOct 09, 2025
Gemfields’ Mini Mixed-Quality Ruby Auction Garners $11M

The rough on offer was recovered from a newer area at the Montepuez mine.

“Storied Diamond Desert Sands of Eternity” engagement ring and wedding band
SourcingOct 08, 2025
In ‘Storied Diamond,’ Jared Jewelers Is Emphasizing the Journey

The retailer’s new collection of engagement rings and fashion jewelry is set with natural diamonds that are traceable via blockchain.

Emily P. Wheeler Ombré Collection Campaign
CollectionsOct 08, 2025
Emily P. Wheeler Shifts Into Neutral for Latest ‘Ombré’ Collection

The champagne colorway in her newest “Ombré” collection combines white and trendy brown diamonds, a departure from her usual vibrant hues.

MRK x MFA Tsuba Charm Necklace Collection Campaign
CollectionsOct 08, 2025
Tsuba Designs Inspire Monica Rich Kosann’s New Charms

Kosann partnered with the Museum of Fine Arts, Boston, to create a set of necklaces inspired by the artwork on samurai sword handguards.

Stock image of a gavel and law books
CrimeOct 07, 2025
Men Who Posed as Utility Workers Found Guilty in Jeweler’s Murder

Carlos Jose Hernandez and Joshua Zuazo face life in prison for the October 2024 murder of 72-year-old Detroit-area jeweler Hussein Murray.

Zoë Kravitz Wearing Jessica McCormack Tempest Sapphire Pendant and Tempest Diamond Necklace
CollectionsOct 07, 2025
Jessica McCormack Looks to Sea Spirits for ‘Tempest’ Collection

The brand’s first high jewelry collection, “Tempest” plays with movement while calling to mind the folklore of the sea.

Lightning Ridge Rural Fire Brigade
SourcingOct 07, 2025
Columbia Gem House Announces ‘Opals for Outback Heroes’ Fundraiser

Proceeds from its jewelry raffle will go to a volunteer-run fire and rescue group in the Lightning Ridge area of New South Wales, Australia.

×

This site uses cookies to give you the best online experience. By continuing to use & browse this site, we assume you agree to our Privacy Policy