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 a police car
Policies & IssuesOct 06, 2026
6 Charged in Connection to String of New Jersey Smash-and-Grabs

The alleged thieves used crow bars and sledgehammers to smash into jewelry stores across the state.

The Retail Smiths Principal Partner Sherry Smith
ColumnistsOct 06, 2026
Sherry Smith: Is the Consumer Really Trading Up?

Ahead of the holidays, Smith urges jewelers to take a hard look at who’s buying jewelry, what they’re purchasing, and who’s stopped buying.

Molly Stillman @fashionveggie, Beth Jones @bjonesstyle, Helene Cortez @cortezhelene, and Haley Jordan @haleyjordan12 
SourcingOct 06, 2026
DDG Taps Influencers for ‘My Diamond Does Good’ Campaign

In the new consumer-facing campaign, four fashion and lifestyle creators share the stories behind their natural diamond pieces.

1872 x 1052 Gemolite.jpg
Brought to you by
Meet Gemology’s Next Generation Microscope: GIA® Gemolite® NXT Professional Edition

Experience gemstones with greater precision and comfort than ever before.

Bryan Cowan and Tom Schwartz
MajorsOct 06, 2026
Frederick Goldman Names COO, CMO

FGI President John Orrico is also leaving the company after more than 13 years.

Weekly QuizOct 01, 2026
This Week’s Quiz
Test your jewelry news knowledge by answering these questions.
Take the Quiz
JIS Miami fall
Events & AwardsOct 06, 2026
JIS Fall Returns to Miami

The 2026 edition will feature presentations on alternative materials and design trends, as well as pop-up activations on the show floor.

Gahcho Kue rough diamonds
SourcingOct 05, 2026
De Beers to Take Full Ownership of Gahcho Kué

It is the last fully operational diamond mine in Canada following the recent closures of Ekati and Diavik.

Cover.jpg
Brought to you by
Your Piece Could Be the One Editors Talk About

Submit your pieces for a chance to win in this year's competition.

Sorellina Postscript Collection Campaign Imagery of Paper Plane Pendant
CollectionsOct 05, 2026
Sorellina Writes Another Love Letter for ‘Postscript’ Collection

The fine jewelry brand has expanded the collection that debuted at Couture with four new designs based on its most popular styles.

Bruce Bridges CIBJO
SourcingOct 05, 2026
Bruce Bridges Joins CIBJO Board

The AGTA president was elected for a two-year term on the board of directors.

Aerial image of the Lungwebungu River
SourcingOct 02, 2026
De Beers, National Geographic Society Renew Okavango Eternal Partnership

The partnership, a pledge to protect Africa’s Okavango River Basin, has been extended for an additional five years.

Pandora facility Vietnam front view
MajorsOct 02, 2026
Pandora Opens New $150M Manufacturing Facility in Vietnam

The new facility, its first outside of Thailand, will boost its manufacturing capacity by 50 percent.

Hearts On Fire Dream Heart Pendant
TrendsOct 02, 2026
Hearts On Fire Celebrates 30th Anniversary With Heart Pendant

The special-edition “Dream” pendant, our Piece of the Week, was created to mark Hearts On Fire’s 30-year milestone with 30 diamonds.

Surveillance images of robbery suspects
CrimeOct 01, 2026
Police Looking for 4 Suspects in $600K Smash-and-Grab Robbery

Dubai Jewelers in Springfield, Virginia, was once again the target of an armed robbery.

Rolex Oyster Perpetual Day-Date 40 in 18-karat Jubilee gold with aventurine dial
SurveysOct 01, 2026
Rolex Ranks Among Most Recommended Brands in US, Survey Says

YouGov’s 2026 U.S. Most Recommended Brands report’s out, and a fast-fashion giant is sitting at No. 1 while Rolex is just shy of the top 5.

Peoples Training & Research Centre Gujarat India
SourcingOct 01, 2026
Columbia Gem House Opens ‘Cutting Toward Change’ Fundraiser

Proceeds from its jewelry raffle will benefit an organization working in India to combat silicosis, a lung disease affecting stone cutters.

Jason of Beverly Hills Stanley Cup Championship Ring for Carolina Hurricanes
TrendsOct 01, 2026
Carolina Hurricanes’ Championship Ring Reveals Hidden Hockey Puck Pendant

The rings, crafted by Jason of Beverly Hills, celebrate the hockey team’s Stanley Cup win with design elements that honor its traditions.

Meredith Young Nebula ring
TrendsOct 01, 2026
Amanda’s Style File: October’s Color Range

This roundup of birthstone jewelry for October features vibrant tourmalines and opals with personality.

Time CEO Jessica Sibley, Botswana President Duma Boko, and Botswana Minster of Minerals and Energy Bogolo Joy Kenewendo in New York
SourcingSep 30, 2026
Botswana’s President, De Beers CEO Say Diamond Demand Is Recovering

President Duma Boko spoke at back-to-back events in the city last week, touting Botswana’s stability and the diamond “bounceback.”

Oscar Heyman A Living Archive Holiday Book
CollectionsSep 30, 2026
Oscar Heyman’s Holiday Book Is ‘A Living Archive’

The catalog showcases 112 new, one-of-a-kind pieces amid highlights from the jeweler’s historic archive.

Gemfields rubies
SourcingSep 30, 2026
Gemfields Posts $98.5M Loss, Writes Down Value of Ruby Mine

Its Montepuez Ruby Mining operation in Mozambique, which is not yielding enough high-quality rubies, has taken a $125 million hit.

Hand holding a gas pump
SurveysSep 30, 2026
Consumer Confidence Falls to 12-Year Low in September

Those surveyed were worried about the present and the future, with write-in responses mentioning high oil and gas prices.

JA New York sign
Events & AwardsSep 30, 2026
Jewelers of America, JA New York to Host Networking Event

The event will take place on the evening of Oct. 26 in New York City.

Christy Bromberg
IndependentsSep 29, 2026
Christy Bromberg, Longtime Gift Buyer for Underwood Jewelers, Dies at 68

She is remembered for her joie de vivre, upbeat personality, genuine interest in other people, and love of the Alabama Crimson Tide.

Matt Stuller
Events & AwardsSep 29, 2026
Matt Stuller to Receive 2027 Gem Award for Lifetime Achievement

The founder and executive chairman of Stuller Inc. is being honored for his impact on the jewelry industry at the 25th annual Gem Awards.

Emmanuel Raheb, CEO of Smart Age Solutions
ColumnistsSep 29, 2026
Your Holiday Marketing Has a Bridal Blind Spot

December is the most popular month to propose, and jewelers need to keep that in mind when planning their holiday marketing.

Sandy Lerner’s 18-karat gold and diamond cat brooch
AuctionsSep 29, 2026
If You Love Cats, This Jewelry Auction Is for You

Cat ladies of the jewelry world, unite. Sandy Lerner’s collection of cat jewelry and other objects is going up for auction Wednesday.

×

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