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

Rolex Miami store
MajorsDec 10, 2025
There’s A New Rolex Boutique in Miami

The new location in the Design District pays homage to Miami’s Art Deco heritage and its connection to the ocean.

National Association of Jewelry Appraisers logo
SourcingDec 10, 2025
NAJA Announces Details for 2026 ‘Ace It’ Winter Conference

“Longtime favorite” presenters, as well as first-time speakers, will lead talks and workshops at the annual event in Tucson next year.

National Jeweler columnist and Smart Age Solutions CEO Emmanuel Raheb
ColumnistsDec 09, 2025
Holiday Sales Happen in December, Most Decisions Don’t

Most customers who walk into your store this month have made up their minds. Your job is to validate their choice, Emmanuel Raheb writes.

Recipients Collage 2025 - NJ (1872 x 1050 px) (1872 x 1052 px).png
Brought to you by
Impacting Tomorrow Today

How Jewelers of America’s 20 Under 40 are leading to ensure a brighter future for the jewelry industry.

Guzema Once Upon a Time Collection Campaign
TrendsDec 09, 2025
‘Once Upon a Time,’ Guzema Debuted Its Holiday Collection

The collection features characters and motifs from Ukrainian folklore, including an enchanted mirror and a magic egg.

Weekly QuizDec 04, 2025
This Week’s Quiz
Test your jewelry news knowledge by answering these questions.
Take the Quiz
Gemvision by Stuller MatrixGold 3.11
TechnologyDec 09, 2025
Gemvision Releases Updated MatrixGold

MatrixGold 3.11, the newest version of the jewelry design program, offers more flexibility, precision, and creative control.

Sign at the JA New York jewelry trade show
Events & AwardsDec 09, 2025
MJSA Showcase Pavilion Returning to JA New York

The pavilion will be part of the 2026 JA New York Spring show, scheduled for March 15 to 17.

roseco-catalog.png
Brought to you by
Roseco Releases New Full-Line Catalog

Roseco’s 704-page catalog showcases new lab-grown diamonds, findings, tools & more—available in print or interactive digital editions.

Juell Kadet, former executive vice president of Rogers & Hollands
MajorsDec 08, 2025
Juell Kadet, a ‘Lifelong Pillar’ of Rogers & Hollands, Dies at 96

Kadet, a 1994 National Jeweler Retailer Hall of Fame inductee, helped grow the family-owned retailer in the Chicago area and beyond.

Lumia 2 smart earrings
TechnologyDec 08, 2025
You’ve Heard of Smart Watches and Rings; Meet Smart Earrings

Billed as the world’s smallest wearable, Lumia Health’s new smart earrings have a health tracker subtly embedded in the back.

Lionheart Wildflower Double Cocktail Ring
TrendsDec 08, 2025
Amanda’s Style File: Celebrating December’s Birthstones

Don’t let those with December birthdays feel blue. Help them celebrate their month with blue zircon, turquoise, and tanzanite.

Robinson Pelham Tsar Star Earrings in Blaze
CollectionsDec 05, 2025
Piece of the Week: Robinson Pelham’s ‘Tsar Star’ Earrings

The new pink sapphire version of the piece dances with its wearer in the brand’s “Icons After Dark” holiday campaign.

Pantone 11-4201 Cloud Dancer
TrendsDec 05, 2025
Pantone’s Color of the Year for 2026 Is … White

A choice that’s generated a lot of commentary, Pantone says “Cloud Dancer” marks a fresh start and encourages relaxation and creativity.

Stuller holiday 2025
MajorsDec 05, 2025
Stuller Releases ‘Wrapped in Wonder’ Campaign

The manufacturer’s holiday campaign features a gift guide filled with trending designs and jewelry that can be personalized.

Fabergé x 007 Octopussy egg and pendant
CrimeDec 04, 2025
Man Arrested After Allegedly Swallowing Fabergé Egg Pendant

The man was charged with theft, accused of ingesting the necklace while in a jewelry store in Auckland, New Zealand.

Exterior of renovated and expanded J.R. Dunn Jewelers
IndependentsDec 04, 2025
Step Inside JR Dunn Jewelers’ Giant New Store

The Florida independent expanded its store from 8,000 to 14,000 square feet, fulfilling the vision of its late co-founder, Jim Dunn.

DD-Email-Image-1872x1052 (1).jpg
Supplier BulletinDec 04, 2025
Introducing Shop Natural Day: A New Movement Celebrating Natural Diamonds

Sponsored by De Beers Group

G-Shock DWN5600 Ring
WatchesDec 04, 2025
Casio Shrinks its G-Shock Watch

The classic 5600 series G-Shock has been scaled down to about a tenth of its size, becoming a fully functioning watch ring.

Accredited Gemologists Association logo
Events & AwardsDec 04, 2025
AGA Announces 2026 Tucson Speaker Lineup

The association’s annual conference and gala will take place Feb. 4, 2026, during the Tucson gem shows.

 CBG logo
Events & AwardsDec 04, 2025
CBG Announces Speaker Lineup for 2026 Miami Event

The January show will include a workshop for jewelry retailers on implementing AI to strengthen their businesses.

Miley Cyrus and Maxx Morando Engagement Ring
TrendsDec 03, 2025
Miley Cyrus Debuts Edgy Engagement Ring

Fellow musician Maxx Morando proposed to the star with a chunky, cushion-cut diamond ring designed by Jacquie Aiche.

Costco store
Policies & IssuesDec 03, 2025
Costco Joins Growing Wave of Retailers Suing for Tariff Refunds

The retailer, which sells billions in fine jewelry and watches, is suing the Trump administration and U.S. Customs and Border Patrol.

Shoppers in a mall
SurveysDec 03, 2025
A Record 202.9M Shoppers Turned Out Thanksgiving Weekend

Black Friday is still the most popular shopping day over the five-day holiday weekend, as per the National Retail Federation’s survey.

Vera Wang Love lab grown diamond engagement ring
FinancialsDec 02, 2025
Signet Jewelers’ Q3 Sales Up Amid Continued Focus on Lower Price Points

The retailer offered more fashion jewelry priced under $1,000, including lab-grown diamond and men’s jewelry.

Briony Raymond holding Briony Raymond Eau De Parfum
CollectionsDec 02, 2025
Briony Raymond Introduces First Fragrance

The eau de parfum is held in a fluted glass bottle that mirrors the decor of the brand’s atelier, and its cap is a nod to its “Sloan” ring.

The Finsch diamond mine in South Africa, owned by Petra Diamonds Ltd.
SourcingDec 02, 2025
Petra Diamonds Elevates Interim CEOs to Permanent Status

Vivek Gadodia and Juan Kemp, who’ve been serving as interim co-CEOs since February, will continue to lead the diamond mining company.

Lee Krombholz, Michael Coan, Donna DeLucia, Joanna Joy Seetoo
MajorsDec 02, 2025
Lee Krombholz Takes Over as Chair of MJSA Education Foundation

In addition, a slate of new officers and trustees were appointed to the board.

×

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