Auctions

Part Two of Christie’s Heidi Horten Auction Brings in $42M

AuctionsMay 15, 2023

Part Two of Christie’s Heidi Horten Auction Brings in $42M

The sale, though embroiled in controversy, has garnered nearly $200 million in total.

20230515_Heidi Horten Star of Africa.jpg
“The Star of Africa” ruby and diamond pendant necklace by Harry Winston, featuring a 54.95-carat Mozambique ruby, was the top lot in the second part of Christie’s “The World of Heidi Horten” jewelry auction, selling for more than $3 million.
New York—Christie’s held the second part of the auction of late Austrian billionaire Heidi Horten’s jewels in Geneva late last week, following the record-breaking first segment days earlier.

The second segment of the sale totaled $42.1 million, according to the auction house.
 
The first segment of the sale garnered $156 million, within Christie’s pre-sale estimate.
 
The results surpassed the sale of Elizabeth Taylor’s jewelry collection in 2011 (total: $137.2 million), even with the most talked-about pieces from part one underperforming and amid controversy about the origin of Horten’s late husband’s wealth.

The auction grand total so far is close to $200 million.
 
There are also two online sales—one concluding today and a second to be held in November. 
 
The top lot of the second auction installment was “The Star of Africa” ruby and diamond pendant necklace by Harry Winston, featuring a 54.95-carat Mozambican ruby.
 
It sold for more than $3 million, double the high end of its $1 million to $1.5 million estimate.
 
 
The second-highest grossing lot was a pendant set with a 15.05-carat fancy orangy pink modified heart brilliant-cut diamond. It sold for $2.7 million, above its $1.5 million to $2 million estimate.

A diamond ring set with a 47.58-carat emerald-cut diamond center stone sold for $2.7 million, within its $2 million to $3.1 million estimate.
 
Horten’s collection of Bulgari jewels was especially noteworthy, said Max Fawcett, head of jewelry at Christie’s Geneva, in an earlier statement about the auction, ranking it as one of the top five Bulgari collections ever assembled.
 
Several Bulgari pieces appeared in this auction segment, including a sapphire, cultured pearl, emerald, and diamond necklace, which sold for nearly $1.5 million, taking the No. 4 spot in terms of price realized.
 
The “Great Mughal Emerald” pendant necklace by Harry Winston, seen below, also by Harry Winston, is set with a 362.5-carat carved emerald.
 
It sold for $982,000, well above its pre-sale estimate of $500,000 to $700,000.

20230330_1-Heidi Horten.jpg
The “Great Mughal Emerald” pendant necklace sold for $982,000.

Jewels from Harry Winston, Van Cleef & Arpels, Cartier, Tiffany & Co., and Austrian jewelry house A. E. Köchert also appeared frequently in Horten’s extensive collection. Several jewels from Tamara Commoli and Marina B. were also up for sale.
 
There were 22 watches up for sale this round as well, from a variety of high-end brands like Rolex, Richard Mille, Cartier, Vacheron Constantin, and A. Lange & Söhne.
 
Christie’s went ahead with the Horten sale in spite of calls from several organizations to halt it after a New York Times report detailed how the late Helmut Horten, husband of Heidi Horten, profited when the Nazis forced Jewish people to sell their businesses at low prices.

 Related stories will be right here … 

The World Federation of Diamond Bourses, as well as Jewish organizations like the American Jewish Committee and the Simon Wiesenthal Center, called on Christie’s to stop the auction or donate a greater portion of the proceeds to Holocaust education.
 
Following the backlash, the auction house said it will donate a “significant” portion of the final sale proceeds to unspecified organizations that further Holocaust research and education.
 
The sale of Horten’s jewels also will benefit The Heidi Horten Foundation, which supports her art museum—The Heidi Horten Collection in Vienna—and other causes.
 

The Latest

Stock image of gavel
CrimeDec 15, 2025
Men Receive Life Sentences in Home Invasion Murder of Jeweler

Carlos Jose Hernandez and Joshua Zuazo were sentenced to life without the possibility of parole in the 2024 murder of Hussein “Sam” Murray.

Eduard Stefanescu, left, and Sara Yood, right
Policies & IssuesDec 15, 2025
Sara Yood Named Co-Chair of RJC Standards Committee

Yood will serve alongside Eduard Stefanescu, the sustainability manager for C.Hafner, a precious metals refiner in Germany.

MS Rau Aspen rendering
IndependentsDec 15, 2025
M.S. Rau to Open Store in Aspen

The New Orleans jeweler is also hosting pop-up jewelry boutiques in New York City and Dallas.

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.

David Webb holiday window
MajorsDec 12, 2025
David Webb Reveals Ice-Cold Holiday Window Display

The jeweler’s “Deep Freeze” display showcases its iconic jewelry designs frozen in a vintage icebox.

Weekly QuizDec 11, 2025
This Week’s Quiz
Test your jewelry news knowledge by answering these questions.
Take the Quiz
Oscar Heyman Yellow Green Sphene and Diamond Ring
CollectionsDec 12, 2025
Piece of the Week: Oscar Heyman’s Sphene Ring

Take luxury gifting to new heights this holiday season with the jeweler’s showstopping 12-carat sphene ring.

IGI Design Contest Graphic
Events & AwardsDec 12, 2025
IGI Jewelry Design Contest Now Accepting Submissions

This year's theme is “Unveiling the Depths of the Ocean.”

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.

Jacquie Aiche Alien Heart Eye Inlay Necklace, Cicada Dragonfly Brooch, Harkness After the Rain Earrings
TrendsDec 11, 2025
Pinterest 2026 Trend Report: Brooches, Bold Gold, Cool Blue

In its annual report, Pinterest noted an increase in searches for brooches, heirloom jewelry, and ‘80s luxury.

GIA new colored stone report
GradingDec 11, 2025
GIA to Offer Origin Determination for 3 More Gemstones

Starting Jan. 1, customers can request the service for opal, peridot, and demantoid garnet.

Day’s Jewelers Salem New Hampshire store exterior
IndependentsDec 11, 2025
Look Inside Day’s Jewelers’ Ninth Store

The 111-year-old retailer celebrated the opening of its new location in Salem, New Hampshire, which is its third store in the state.

Americas Gold Chain Catalog Volume 3
MajorsDec 11, 2025
Americas Gold Releases New Gold Chain Catalog

The new catalog features its most popular chains as well as new styles.

Rolex Miami store
WatchesDec 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.

Stock image of consumers shopping in the winter
SurveysDec 10, 2025
Consumer Confidence Drops in November

Inflations, tariffs, and politics—including the government shutdown—were among consumers’ top concerns last month.

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.

Silas Smith and his Responsible Design Challenge Winning Pendant
Events & AwardsDec 10, 2025
MJSA Names 2025 Responsible Design Challenge Winner

Silas Smith of Meridian Metalworks won the challenge with his pendant that blends Australian and American landscapes.

Sothebys orangy pink The Desert Rose diamond
AuctionsDec 09, 2025
‘Desert Rose’ Diamond Sells for $8.8M in Abu Dhabi

The sale of the 31.68-carat, sunset-hued stone was part of Sotheby’s first series of events and auctions in Abu Dhabi.

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.

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.

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.

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.

×

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