SOTHEBY'S GENEVA ANNOUNCED RECENTLY THAT IT WILL PRESENT AN IMPORTANT PINK DIAMOND, WEIGHING 10.99 CARATS IN ITS SALE OF MAGNIFICENT & NOBLE JEWELS ON 17.MAY, SIX MONTHS AFTER THE RECORD BREAKING SALE OF THE GRAFF DIAMOND, THE MOST EXPENSIVE DIAMOND AND JEWEL EVER SOLD AT AUCTION. COMMENTING OF THE FORTHCOMING SALE, DAVID BENNETT, CHAIRMAN OF SOTHEBY'S JEWELRY DEPARTMENT FOR EUROPE AND THE MIDDLE EAST SAID: 'I DO NOT REMEMBER THE MARKET FOR COLOURED DIAMONDS TO HAVE EVER BEEN AS STRONG AS IT IS TODAY. THIS WAS UNDERLINED BY THE UNPRECEDENTED RESULTS OF OUR LAST NOVEMBER SALE AND UNDOUBTEDLY INFLUENCED THE OWNER'S DECISION TO SELL THIS BEAUTIFUL PINK DIAMOND WHICH HAS NOT APPEARED ON THE MARKET FOR OVER 30 YEARS.' THE SUPERB STONE, MOUNTED AS A RING, HAS BEEN GRADED 'FANCY INTENSE PINK', NATURAL COLOUR AND VSI CLARITY BY THE GEMOLOGICAL INSTITUTE OF AMERICA. IT HAS BEEN FURTHER ASSESSED TO BE PART OF A VERY RARE SUBGROUP OF DIAMONDS AS TYPE IIa AND COMPRISING LESS THAN 2% OF ALL OF THE WORLD'S GEM DIAMONDS. THE BEAUTY AND RARITY OF THE STUNNING DIAMOND ALSO LIES IN ITS CUT AND SHAPE. IT FEATURES A CLASSIC EMERALD CUT, A STYLE OF CUTTING NORMALLY ASSOCIATED WITH WHITE DIAMONDS AND IMMENSELY SOUGHT-AFTER WHEN FOUND IN THE RARE COLOURS SUCH AS PINK AND BLUE. ESTIMATED AT $9-$12 MILLION, THE STONE IS BEING OFFERED FROM A PRIVATE COLLECTOR.

SOTHEBY'S TO SELL RARE 10.99 CARAT PINK DIAMOND

SOTHEBY'S GENEVA ANNOUNCED RECENTLY THAT IT WILL PRESENT AN IMPORTANT PINK DIAMOND, WEIGHING 10.99 CARATS IN ITS SALE OF MAGNIFICENT & NOBLE JEWELS ON 17.MAY, SIX MONTHS AFTER THE RECORD BREAKING SALE OF THE GRAFF DIAMOND, THE MOST EXPENSIVE DIAMOND AND JEWEL EVER SOLD AT AUCTION. COMMENTING OF THE FORTHCOMING SALE, DAVID BENNETT, CHAIRMAN OF SOTHEBY'S JEWELRY DEPARTMENT FOR EUROPE AND THE MIDDLE EAST SAID: 'I DO NOT REMEMBER THE MARKET FOR COLOURED DIAMONDS TO HAVE EVER BEEN AS STRONG AS IT IS TODAY. THIS WAS UNDERLINED BY THE UNPRECEDENTED RESULTS OF OUR LAST NOVEMBER SALE AND UNDOUBTEDLY INFLUENCED THE OWNER'S DECISION TO SELL THIS BEAUTIFUL PINK DIAMOND WHICH HAS NOT APPEARED ON THE MARKET FOR OVER 30 YEARS.' THE SUPERB STONE, MOUNTED AS A RING, HAS BEEN GRADED 'FANCY INTENSE PINK', NATURAL COLOUR AND VSI CLARITY BY THE GEMOLOGICAL INSTITUTE OF AMERICA. IT HAS BEEN FURTHER ASSESSED TO BE PART OF A VERY RARE SUBGROUP OF DIAMONDS AS TYPE IIa AND COMPRISING LESS THAN 2% OF ALL OF THE WORLD'S GEM DIAMONDS. THE BEAUTY AND RARITY OF THE STUNNING DIAMOND ALSO LIES IN ITS CUT AND SHAPE. IT FEATURES A CLASSIC EMERALD CUT, A STYLE OF CUTTING NORMALLY ASSOCIATED WITH WHITE DIAMONDS AND IMMENSELY SOUGHT-AFTER WHEN FOUND IN THE RARE COLOURS SUCH AS PINK AND BLUE. ESTIMATED AT $9-$12 MILLION, THE STONE IS BEING OFFERED FROM A PRIVATE COLLECTOR.

SOTHEBY'S TO SELL RARE 10.99 CARAT PINK DIAMOND

A 19th CENTURY PAINTING OF ST. PETERSBURG THAT MIKHAIL BARYSHNIKOV PURCHASED DECADES AGO, AND DEPICTING THE RUSSIAN CITY HE LOVED, WAS AUCTIONED RECENTLY FOR $746,500 TO BENEFIT THE FAMOUS DANCER'S NEW YORK CITY PERFORMING ARTS CENTER. THE PROCEEDS FROM THE SOTHEBY'S SALE WILL GO TOWARD NEW PROGRAMMING AT THE BARYSHNIKOV ARTS CENTER. A GERMAN PRIVATE COLLECTOR PLACED THE WINNING BID BY TELEPHONE FOR 'VIEW OF ST PETERSBURG' BY PETER PETROVICH VERESHCHAGIN. THE PRE-SALE ESTIMATE FOR THE STUNNING CITYSCAPE WAS $300,000 TO $500,000. BARYSHNIKOV RECENTLY DONATED THE PAINTING TO THE CENTER'S FOUNDATION SO IT COULD SELL IT TO RAISE MONEY TO DEVELOP NEW PROGRAMMING FROM THEATER DIRECTORS, MUSICIANS AND CHOREOGRAPHERS. BARYSHNIKOV SERVES AS ARTISTIC DIRECTOR OF THE CENTER THAT HE FOUNDED IN 2005 AS A 'CREATIVE LABORATORY' AND PERFORMANCE SPACE FOR MULTIDISCIPLINARY ARTISTS FROM AROUND THE WORLD. IT HOUSES FOUR STUDIOS, A STUDIO THEATER AND A 232-SEAT JEROME ROBBINS THEATER IN MANHATTAN's HELL's KITCHEN, OFFERING PERFORMANCES IN CHAMBER MUSIC, DANCE, THEATER AND VISUAL ARTS AND FILM SCREENINGS. IN A RECENT INTERVIEW WITH THE ASSOCIATED PRESS, BARYSHNIKOV SAID HE PURCHASED THE PAINTING AT A HELSINKI GALLERY AROUND 1978. WHILE IT HELD SENTIMENTAL VALUE BECAUSE HE 'SPENT THE BEST OF MY YOUTH' IN ST PETERSBURG, HE FELT THE MONEY FROM THE SALE COULD BE USED TO PRODUCE NEW ART AT HIS CENTER. 'THAT'S MUCH MORE IMPORTANT THAN A LOOK BACK AND BEING NOSTALGIC ABOUT THE PAST', HE SAID. BARYSHNIKOV SAID HIS NONPROFIT ARTS CENTER DID NOT YET HAVE AN ENDOWMENT AND RELIED ON DONATIONS FROM INDIVIDUALS AND CORPORATIONS. HE HAS ALREADY DONATED HUNDREDS OF WORKS FROM HIS EXTENSIVE 19th-20th CENTURY ART COLLECTION TO THE FOUNDATION BUT SAID THE VERESHCHAGIN WORK WAS THE FIRST TO BE SOLD TO BENEFIT THE ORGANIZATION. EVENTUALLY, BARYSHNIKOV SAID HE PLANNED TO DONATE ALL HIS ARTWORKS TO THE FOUNDATION.

SOTHEBY'S SELLS PAINTING ONCE OWNED BY BARYSHNIKOV

A 19th CENTURY PAINTING OF ST. PETERSBURG THAT MIKHAIL BARYSHNIKOV PURCHASED DECADES AGO, AND DEPICTING THE RUSSIAN CITY HE LOVED, WAS AUCTIONED RECENTLY FOR $746,500 TO BENEFIT THE FAMOUS DANCER'S NEW YORK CITY PERFORMING ARTS CENTER. THE PROCEEDS FROM THE SOTHEBY'S SALE WILL GO TOWARD NEW PROGRAMMING AT THE BARYSHNIKOV ARTS CENTER. A GERMAN PRIVATE COLLECTOR PLACED THE WINNING BID BY TELEPHONE FOR 'VIEW OF ST PETERSBURG' BY PETER PETROVICH VERESHCHAGIN. THE PRE-SALE ESTIMATE FOR THE STUNNING CITYSCAPE WAS $300,000 TO $500,000. BARYSHNIKOV RECENTLY DONATED THE PAINTING TO THE CENTER'S FOUNDATION SO IT COULD SELL IT TO RAISE MONEY TO DEVELOP NEW PROGRAMMING FROM THEATER DIRECTORS, MUSICIANS AND CHOREOGRAPHERS. BARYSHNIKOV SERVES AS ARTISTIC DIRECTOR OF THE CENTER THAT HE FOUNDED IN 2005 AS A 'CREATIVE LABORATORY' AND PERFORMANCE SPACE FOR MULTIDISCIPLINARY ARTISTS FROM AROUND THE WORLD. IT HOUSES FOUR STUDIOS, A STUDIO THEATER AND A 232-SEAT JEROME ROBBINS THEATER IN MANHATTAN's HELL's KITCHEN, OFFERING PERFORMANCES IN CHAMBER MUSIC, DANCE, THEATER AND VISUAL ARTS AND FILM SCREENINGS. IN A RECENT INTERVIEW WITH THE ASSOCIATED PRESS, BARYSHNIKOV SAID HE PURCHASED THE PAINTING AT A HELSINKI GALLERY AROUND 1978. WHILE IT HELD SENTIMENTAL VALUE BECAUSE HE 'SPENT THE BEST OF MY YOUTH' IN ST PETERSBURG, HE FELT THE MONEY FROM THE SALE COULD BE USED TO PRODUCE NEW ART AT HIS CENTER. 'THAT'S MUCH MORE IMPORTANT THAN A LOOK BACK AND BEING NOSTALGIC ABOUT THE PAST', HE SAID. BARYSHNIKOV SAID HIS NONPROFIT ARTS CENTER DID NOT YET HAVE AN ENDOWMENT AND RELIED ON DONATIONS FROM INDIVIDUALS AND CORPORATIONS. HE HAS ALREADY DONATED HUNDREDS OF WORKS FROM HIS EXTENSIVE 19th-20th CENTURY ART COLLECTION TO THE FOUNDATION BUT SAID THE VERESHCHAGIN WORK WAS THE FIRST TO BE SOLD TO BENEFIT THE ORGANIZATION. EVENTUALLY, BARYSHNIKOV SAID HE PLANNED TO DONATE ALL HIS ARTWORKS TO THE FOUNDATION.

SOTHEBY'S SELLS PAINTING ONCE OWNED BY BARYSHNIKOV

CHRISTIE'S ANNOUNCES THE AUCTION OF A PREVIOUSLY UNDOCUMENTED MASTERPIECE BY THE GREAT ABSTRACT EXPRESSIONIST MARK ROTHKO, TO BE OFFERED AS THE HIGHLIGHT OF THE POST-WAR AND CONTEMPORARY ART EVENING SALE AT CHRISTIE'S NEW YORK ON 11.MAY. THE BOLDLY COLOURED 1961 PAINTING UNTITLED #17 COMES TO AUCTION WITH AN ESTIMATE OF $18,000,000-$20,000,000. THE PRESENT OWNER OF UNTITLED #17 ACQUIRED THE WORK DIRECTLY FROM ROTHKO, AND THE WORK HAS REMAINED IN PRIVATE HANDS SINCE 1965. IT IS ONE OF ONLY 10 PAINTINGS THAT HAVE COME TO LIGHT SINCE THE ROTHKO CATALOGUE RAISONNE WAS PUBLISHED IN 1998. THE DISCOVERED WORK WILL BE INCLUDED IN THE SUPPLEMENT TO THE CATALOGUE RAINSONNE. DAVID ANFAM, AUTHOR OF THE CATALOGUE RAINSONNE, MARK ROTHKO THE WORKS ON CANVAS, HAS WRITTEN A TEXT ON THE PAINTING AND HAS NOTED: 'RECENTLY COME TO LIGHT AFTER AN EXTENDED PERIOD IN PRIVATE HANDS, UNTITLED #17 FITS SQUARELY AMONG THE 22 HITHERTO DOCUMENT OILS ON CANVAS FROM 1961. LARGE, CLASSIC CANVASES THAT MANAGED TO ELUDE MY CATALOGUE RAINSONNE ARE UNCOMMON, AND MOST WELCOME. AT ITS PUBLICATION IN 1998, I COMPARE THE CATALOGUE RAINSONNE PROJECT TO A SORT OF HOMECOMING, FOR A FAMILY OF WORKS THAT HAD BEEN SCATTERED AROUND THE WORLD BY TIME AND CIRCUMSTANCE INTO PUBLIC, PRIVATE AND EVEN FORGOTTEN PLACES. ABSENT FROM MY PAGES THEN, THE REDISCOVERY OF UNTITLED NO.17 ADDS ANOTHER INDELIBLE PRESENCE TO THE GREAT ROTHKO CANON.' ONE OF THE PRE-EMINENT ARTISTS IDENTIFIED WITH ABSTRACT EXPRESSIONISM, ROTHKO EVOLVED HIS CLASSIC STYLE AT THE END OF THE 1940s, CREATING LARGE-SCALE CANVASES IN WHICH FORM AND COLOUR ARE ONE. ALTHOUGH OTHERS HAVE DESCRIBED THESE WORKS IN PURELY FORMAL TERMS, ROTHKO SPOKE OF THEM AS 'INTIMATE AND INTENSE', AND SAID THEY WERE MEANT TO BE EXPERIENCED AT CLOSE QUARTERS, SO THAT THE VIEWER GETS THE FEELING OF BEING 'WITHIN THE PICTURE', PARTICIPATING IN ITS HUMAN 'POIGNANCY'. UNTITLED #17 WAS PAINTED AT THE END OF THE DECADE ROTHKO'S CLASSIC WORK, WHEN HE RECEIVED THE MAJOR COMMISSIONS FOR THE FOUR SEASONS RESTAURANT, THE HOLYOKE CENTER AT HARVARD AND THE DE MENIL CHAPEL IN HOUSTON THAT ALTERED THE DIRECTION OF HIS OF HIS ART.

CHRISTIE'S TO SELL NEWLY DISCOVERED ROTHKO PAINTING

CHRISTIE'S ANNOUNCES THE AUCTION OF A PREVIOUSLY UNDOCUMENTED MASTERPIECE BY THE GREAT ABSTRACT EXPRESSIONIST MARK ROTHKO, TO BE OFFERED AS THE HIGHLIGHT OF THE POST-WAR AND CONTEMPORARY ART EVENING SALE AT CHRISTIE'S NEW YORK ON 11.MAY. THE BOLDLY COLOURED 1961 PAINTING UNTITLED #17 COMES TO AUCTION WITH AN ESTIMATE OF $18,000,000-$20,000,000. THE PRESENT OWNER OF UNTITLED #17 ACQUIRED THE WORK DIRECTLY FROM ROTHKO, AND THE WORK HAS REMAINED IN PRIVATE HANDS SINCE 1965. IT IS ONE OF ONLY 10 PAINTINGS THAT HAVE COME TO LIGHT SINCE THE ROTHKO CATALOGUE RAISONNE WAS PUBLISHED IN 1998. THE DISCOVERED WORK WILL BE INCLUDED IN THE SUPPLEMENT TO THE CATALOGUE RAINSONNE. DAVID ANFAM, AUTHOR OF THE CATALOGUE RAINSONNE, MARK ROTHKO THE WORKS ON CANVAS, HAS WRITTEN A TEXT ON THE PAINTING AND HAS NOTED: 'RECENTLY COME TO LIGHT AFTER AN EXTENDED PERIOD IN PRIVATE HANDS, UNTITLED #17 FITS SQUARELY AMONG THE 22 HITHERTO DOCUMENT OILS ON CANVAS FROM 1961. LARGE, CLASSIC CANVASES THAT MANAGED TO ELUDE MY CATALOGUE RAINSONNE ARE UNCOMMON, AND MOST WELCOME. AT ITS PUBLICATION IN 1998, I COMPARE THE CATALOGUE RAINSONNE PROJECT TO A SORT OF HOMECOMING, FOR A FAMILY OF WORKS THAT HAD BEEN SCATTERED AROUND THE WORLD BY TIME AND CIRCUMSTANCE INTO PUBLIC, PRIVATE AND EVEN FORGOTTEN PLACES. ABSENT FROM MY PAGES THEN, THE REDISCOVERY OF UNTITLED NO.17 ADDS ANOTHER INDELIBLE PRESENCE TO THE GREAT ROTHKO CANON.' ONE OF THE PRE-EMINENT ARTISTS IDENTIFIED WITH ABSTRACT EXPRESSIONISM, ROTHKO EVOLVED HIS CLASSIC STYLE AT THE END OF THE 1940s, CREATING LARGE-SCALE CANVASES IN WHICH FORM AND COLOUR ARE ONE. ALTHOUGH OTHERS HAVE DESCRIBED THESE WORKS IN PURELY FORMAL TERMS, ROTHKO SPOKE OF THEM AS 'INTIMATE AND INTENSE', AND SAID THEY WERE MEANT TO BE EXPERIENCED AT CLOSE QUARTERS, SO THAT THE VIEWER GETS THE FEELING OF BEING 'WITHIN THE PICTURE', PARTICIPATING IN ITS HUMAN 'POIGNANCY'. UNTITLED #17 WAS PAINTED AT THE END OF THE DECADE ROTHKO'S CLASSIC WORK, WHEN HE RECEIVED THE MAJOR COMMISSIONS FOR THE FOUR SEASONS RESTAURANT, THE HOLYOKE CENTER AT HARVARD AND THE DE MENIL CHAPEL IN HOUSTON THAT ALTERED THE DIRECTION OF HIS OF HIS ART.

CHRISTIE'S TO SELL NEWLY DISCOVERED ROTHKO PAINTING

IN THE MOST UNLIKELY LOCATION OF A NORTH CAROLINA JEWELRY STORE NEAR THE BEACH, A LAVISHLY JEWELED CROSS AND A RING ONCE OWNED BY POPE PAUL VI SIT UNDER LOCK AND KEY, AWAITING TRANSFER TO AN EVEN LESS FAMILIAR VENUE FOR SYMBOLS OF ROMAN CATHOLIC AUTHORITY: AN eBAY AUCTION. THE ITEMS HAVE TURNED UP AT A WILMINGTON STORE OWNED BY A SOUTHERN BAPTIST WITH A FLAIR FOR SELF-PROMOTION. IT'S THE LATEST STOP IN A STRANGE JOURNEY INVOLVING LUMINARIES RANGING FROM UN SECRETARY GENERAL U THANT TO EVEL KNIEVEL, AND WHICH BEGAN WITH PAUL VI's NOVEL DECISION TO ALLOW SOME OF HIS JEWELRY TO BE SOLD TO RAISE MONEY FOR CHARITY. ONE OF THE ITEMS IS A PECTORAL CROSS, GIVEN TO CLERGY WHO ATTAIN THE RANK OF BISHOP OR HIGHER TO SIGNIFY THEIR OFFICE. THE POPE'S DONATION WAS A TESTAMENT TO HIS WILLINGNESS TO ENGAGE THE CONTEMPORARY WORLD BY DE-EMPHASIZING THE IMPORTANCE OF SUCH REGALIA. 'THIS IS NEW FOR ME', SAID JEWELRY STORE OWNER ALAN PERRY, WHO THINKS THE ITEMS MIGHT FETCH $800,000 TO $900,000 AT AUCTION. 'THAT'S WHY WE'RE GOING TO PUT IT UP ON eBAY. IT'S ONLY WORTH WHAT SOMEONE'S WILLING TO PAY FOR IT, AND eBAY MIGHT BA A GOOD MEASURE TO SEE IF PEOPLE ARE INTERESTED.' PERRY WAS ENLISTED BY A WIDOW IN WILMINGTON WHOSE HUSBAND HAD BOUGHT THE RING AND CROSS IN THE 1970s. A NEW YORK FIRM HAD TRIED TO SELL THE ITEMS FOR $1.25 MILLION, BUT HADN'T BEEN ABLE TO FIND A BUYER. AFTER SERVING THE BOARD OF A LOCAL CHARITY WITH PERRY, THE WOMAN ASKED IF HE WOULD TRY HIS LUCK. IT'S NOT THE FIRST TIME THAT HIS STORE, PERRY's EMPORIUM, HAS MADE HEADLINES. PERRY APPEARED ON ABC's GOOD MORNING AMERICA AFTER HE VOWED LAST YEAR TO REFUND THE COST OF JEWELRY BOUGHT OVER A TWO-WEEK PERIOD IF A CITY IN THE NORTH CAROLINA MOUNTAINS HAD THREE INCHES OF SNOW ON CHRISTMAS. IT DID, AND HE PAID OUT ROUGHLY $400,000 THAT WAS COVERED BY INSURANCE. HE PLANS TO PUT THE CROSS AND RING ON PUBLIC DISPLAY STARTING 14.APRIL THROUGH HOLY WEEK WITH AN ARMED GUARD. THE VATICAN CONFIRMED THAT THE ITEMS ARE THE 'PERSONAL' RING AND PECTORAL CROSS OF PAUL VI. EACH POPE'S OFFICIAL RING IS SMASHED WITH A HAMMER WHEN HE DIES. PAUL VI IS OFTEN OVERLOOKED, PARTLY BECAUSE OF THE ENDURING POPULARITY OF THE PONTIFFS WHOSE REIGNS BRACKETED HIS. HE SUCCEEDED THE CHARISMATIC JOHN XXIII, WHO CALLED THE HISTORIC SECOND VATICAN COUNCIL. AFTER PAUL's DEATH IN 1978, THE NEXT POPE DIED ROUGHLY A MONTH LATER, TO BE FOLLOWED BY JOHN PAUL II, REVERED BY CATHOLICS AND NON-CATHOLICS AROUND THE WORLD. THE FIRST PONTIFF TO REALLY TRAVEL THE GLOBE, PAUL VI DONATED THE RING AND CROSS DURING A 1965 VISIT TO THE UN. HE INTENDED THE ITEMS TO BE AUCTIONED AND THE PROCEEDS USED TO RELIEVE HUMAN SUFFERING. THEY WERE BOUGHT IN 1967 FOR $64,000 BY CHICAGO JEWELER HARRY LEVINSON, WITH THE MONEY BEING SPLIT AMONG FOUR UN AGENCIES. THE ITEMS CHANGED HANDS SEVERAL TIMES AFTER THAT, INCLUDING A PERIOD WHEN THEY WERE OWNED BY EVEL KNIEVEL, ACCORDING TO A 2004 BIOGRAPHY OF THE DAREDEVIL, WHICH REFEREED TO THE ITEMS AS KNIEVEL's 'MOST EXTRAVAGANT JEWELRY PURCHASE' IN AN INVENTORY THAT ALSO INCLUDED A 13 CARAT DIAMOND RING SHAPED LIKE A MOTORCYCLE. POPE PAUL VI ALSO DONATED HIS PAPAL TIARA, THE THREE-TIERED CROWN SYMBOLIZING THE POPE's AUTHORITY, AS A FUNDRAISING TOOL TO THE CATHOLIC CHURCH IN AMERICA. IT REMAINS ON DISPLAY AT THE BASILICA OF THE NATIONAL SHRINE, AND NONE OF HIS SUCCESSORS HAVE BEEN CROWNED WITH TIARAS.

JEWELRY ONCE BELONGING TO POPE PAUL VI TO BE AUCTIONED

IN THE MOST UNLIKELY LOCATION OF A NORTH CAROLINA JEWELRY STORE NEAR THE BEACH, A LAVISHLY JEWELED CROSS AND A RING ONCE OWNED BY POPE PAUL VI SIT UNDER LOCK AND KEY, AWAITING TRANSFER TO AN EVEN LESS FAMILIAR VENUE FOR SYMBOLS OF ROMAN CATHOLIC AUTHORITY: AN eBAY AUCTION. THE ITEMS HAVE TURNED UP AT A WILMINGTON STORE OWNED BY A SOUTHERN BAPTIST WITH A FLAIR FOR SELF-PROMOTION. IT'S THE LATEST STOP IN A STRANGE JOURNEY INVOLVING LUMINARIES RANGING FROM UN SECRETARY GENERAL U THANT TO EVEL KNIEVEL, AND WHICH BEGAN WITH PAUL VI's NOVEL DECISION TO ALLOW SOME OF HIS JEWELRY TO BE SOLD TO RAISE MONEY FOR CHARITY. ONE OF THE ITEMS IS A PECTORAL CROSS, GIVEN TO CLERGY WHO ATTAIN THE RANK OF BISHOP OR HIGHER TO SIGNIFY THEIR OFFICE. THE POPE'S DONATION WAS A TESTAMENT TO HIS WILLINGNESS TO ENGAGE THE CONTEMPORARY WORLD BY DE-EMPHASIZING THE IMPORTANCE OF SUCH REGALIA. 'THIS IS NEW FOR ME', SAID JEWELRY STORE OWNER ALAN PERRY, WHO THINKS THE ITEMS MIGHT FETCH $800,000 TO $900,000 AT AUCTION. 'THAT'S WHY WE'RE GOING TO PUT IT UP ON eBAY. IT'S ONLY WORTH WHAT SOMEONE'S WILLING TO PAY FOR IT, AND eBAY MIGHT BA A GOOD MEASURE TO SEE IF PEOPLE ARE INTERESTED.' PERRY WAS ENLISTED BY A WIDOW IN WILMINGTON WHOSE HUSBAND HAD BOUGHT THE RING AND CROSS IN THE 1970s. A NEW YORK FIRM HAD TRIED TO SELL THE ITEMS FOR $1.25 MILLION, BUT HADN'T BEEN ABLE TO FIND A BUYER. AFTER SERVING THE BOARD OF A LOCAL CHARITY WITH PERRY, THE WOMAN ASKED IF HE WOULD TRY HIS LUCK. IT'S NOT THE FIRST TIME THAT HIS STORE, PERRY's EMPORIUM, HAS MADE HEADLINES. PERRY APPEARED ON ABC's GOOD MORNING AMERICA AFTER HE VOWED LAST YEAR TO REFUND THE COST OF JEWELRY BOUGHT OVER A TWO-WEEK PERIOD IF A CITY IN THE NORTH CAROLINA MOUNTAINS HAD THREE INCHES OF SNOW ON CHRISTMAS. IT DID, AND HE PAID OUT ROUGHLY $400,000 THAT WAS COVERED BY INSURANCE. HE PLANS TO PUT THE CROSS AND RING ON PUBLIC DISPLAY STARTING 14.APRIL THROUGH HOLY WEEK WITH AN ARMED GUARD. THE VATICAN CONFIRMED THAT THE ITEMS ARE THE 'PERSONAL' RING AND PECTORAL CROSS OF PAUL VI. EACH POPE'S OFFICIAL RING IS SMASHED WITH A HAMMER WHEN HE DIES. PAUL VI IS OFTEN OVERLOOKED, PARTLY BECAUSE OF THE ENDURING POPULARITY OF THE PONTIFFS WHOSE REIGNS BRACKETED HIS. HE SUCCEEDED THE CHARISMATIC JOHN XXIII, WHO CALLED THE HISTORIC SECOND VATICAN COUNCIL. AFTER PAUL's DEATH IN 1978, THE NEXT POPE DIED ROUGHLY A MONTH LATER, TO BE FOLLOWED BY JOHN PAUL II, REVERED BY CATHOLICS AND NON-CATHOLICS AROUND THE WORLD. THE FIRST PONTIFF TO REALLY TRAVEL THE GLOBE, PAUL VI DONATED THE RING AND CROSS DURING A 1965 VISIT TO THE UN. HE INTENDED THE ITEMS TO BE AUCTIONED AND THE PROCEEDS USED TO RELIEVE HUMAN SUFFERING. THEY WERE BOUGHT IN 1967 FOR $64,000 BY CHICAGO JEWELER HARRY LEVINSON, WITH THE MONEY BEING SPLIT AMONG FOUR UN AGENCIES. THE ITEMS CHANGED HANDS SEVERAL TIMES AFTER THAT, INCLUDING A PERIOD WHEN THEY WERE OWNED BY EVEL KNIEVEL, ACCORDING TO A 2004 BIOGRAPHY OF THE DAREDEVIL, WHICH REFEREED TO THE ITEMS AS KNIEVEL's 'MOST EXTRAVAGANT JEWELRY PURCHASE' IN AN INVENTORY THAT ALSO INCLUDED A 13 CARAT DIAMOND RING SHAPED LIKE A MOTORCYCLE. POPE PAUL VI ALSO DONATED HIS PAPAL TIARA, THE THREE-TIERED CROWN SYMBOLIZING THE POPE's AUTHORITY, AS A FUNDRAISING TOOL TO THE CATHOLIC CHURCH IN AMERICA. IT REMAINS ON DISPLAY AT THE BASILICA OF THE NATIONAL SHRINE, AND NONE OF HIS SUCCESSORS HAVE BEEN CROWNED WITH TIARAS.

JEWELRY ONCE BELONGING TO POPE PAUL VI TO BE AUCTIONED

ELIZABETH TAYLOR'S RENOWNED COLLECTION OF JEWELRY, WORKS OF ART, CLOTHING AND MEMORABILIA WILL BE SOLD AT A SERIES OF AUCTIONS, CHRISTIE'S RECENTLY ANNOUNCED. 'CHRISTIE'S WILL BE SELLING THE HISTORIC COLLECTION OF ELIZABETH TAYLOR', WHO DIED LAST MONTH IN LOS ANGELES AGED 79, THE AUCTION HOUSE SAID IN A STATEMENT. TAYLOR'S POSSESSIONS WILL BE SOLD IN A SERIES OF SALES, DETAILS AND THE TIMING OF THE SALES WILL BE ANNOUNCED AT A LATER DATE, IT SAID. STEPHEN LASH, CHAIRMAN EMERITUS OF CHRISTIE'S AMERICAS, AND MARC PORTER, CHAIRMAN OF CHRISTIE'S AMERICAS WORKED WITH TAYLOR AND HER FAMILY 'OVER THE PAST TWO DECADES, AND ARE MOST HONORED TO HAVE BEEN ENTRUSTED WITH COLLECTION OF THIS WORLD RENOWNED FILM LEGEND, HUMANITARIAN AND TASTE MAKER', SAID THE STATEMENT. TAYLOR, KNOWN FOR HER BEAUTY, LOVE OF DIAMONDS, EIGHT MARRIAGES AND WORK AS AN AIDS ACTIVIST, DIED OF CONGESTIVE HEART FAILURE IN LOS ANGELES ON 23.MARCH AND WAS BURIED THE FOLLOWING DAY. CHRISTIE'S STATEMENT REGARDING THE SALE OF ELIZABETH TAYLOR'S COLLECTION IS AS FOLLOWS:

'STEPHEN LASH, CHAIRMAN EMERITUS OF CHRISTIE'S AMERICAS, AND MARC PORTER, CHAIRMAN OF CHRISTIE'S AMERICAS, TODAY CONFIRMED THAT CHRISTIE'S WILL BE SELLING THE HISTORIC COLLECTION OF ELIZABETH TAYLOR, INCLUDING HER COLLECTION OF JEWELRY, WORKS OF ART, FASHION AND MEMORABILIA, IN A SERIES OF SALES THAT WILL BE ANNOUNCED LATER THIS SEASON. FURTHER DETAILS WILL BE AVAILABLE AT THAT TIME. MESSRS. LASH AND PORTER AND THEIR COLLEAGUES WORKED WITH ELIZABETH TAYLOR AND HER FAMILY OVER THAT PAST TWO DECADES AND ARE MOST HONORED TO HAVE BEEN ENTRUSTED WITH THE COLLECTION OF THIS WORLD RENOWNED FILM LEGEND, HUMANITARIAN AND TASTE MAKER.'

CHRISTIE'S TO SELL ELIZABETH TAYLOR'S COLLECTION

ELIZABETH TAYLOR'S RENOWNED COLLECTION OF JEWELRY, WORKS OF ART, CLOTHING AND MEMORABILIA WILL BE SOLD AT A SERIES OF AUCTIONS, CHRISTIE'S RECENTLY ANNOUNCED. 'CHRISTIE'S WILL BE SELLING THE HISTORIC COLLECTION OF ELIZABETH TAYLOR', WHO DIED LAST MONTH IN LOS ANGELES AGED 79, THE AUCTION HOUSE SAID IN A STATEMENT. TAYLOR'S POSSESSIONS WILL BE SOLD IN A SERIES OF SALES, DETAILS AND THE TIMING OF THE SALES WILL BE ANNOUNCED AT A LATER DATE, IT SAID. STEPHEN LASH, CHAIRMAN EMERITUS OF CHRISTIE'S AMERICAS, AND MARC PORTER, CHAIRMAN OF CHRISTIE'S AMERICAS WORKED WITH TAYLOR AND HER FAMILY 'OVER THE PAST TWO DECADES, AND ARE MOST HONORED TO HAVE BEEN ENTRUSTED WITH COLLECTION OF THIS WORLD RENOWNED FILM LEGEND, HUMANITARIAN AND TASTE MAKER', SAID THE STATEMENT. TAYLOR, KNOWN FOR HER BEAUTY, LOVE OF DIAMONDS, EIGHT MARRIAGES AND WORK AS AN AIDS ACTIVIST, DIED OF CONGESTIVE HEART FAILURE IN LOS ANGELES ON 23.MARCH AND WAS BURIED THE FOLLOWING DAY. CHRISTIE'S STATEMENT REGARDING THE SALE OF ELIZABETH TAYLOR'S COLLECTION IS AS FOLLOWS:

'STEPHEN LASH, CHAIRMAN EMERITUS OF CHRISTIE'S AMERICAS, AND MARC PORTER, CHAIRMAN OF CHRISTIE'S AMERICAS, TODAY CONFIRMED THAT CHRISTIE'S WILL BE SELLING THE HISTORIC COLLECTION OF ELIZABETH TAYLOR, INCLUDING HER COLLECTION OF JEWELRY, WORKS OF ART, FASHION AND MEMORABILIA, IN A SERIES OF SALES THAT WILL BE ANNOUNCED LATER THIS SEASON. FURTHER DETAILS WILL BE AVAILABLE AT THAT TIME. MESSRS. LASH AND PORTER AND THEIR COLLEAGUES WORKED WITH ELIZABETH TAYLOR AND HER FAMILY OVER THAT PAST TWO DECADES AND ARE MOST HONORED TO HAVE BEEN ENTRUSTED WITH THE COLLECTION OF THIS WORLD RENOWNED FILM LEGEND, HUMANITARIAN AND TASTE MAKER.'

CHRISTIE'S TO SELL ELIZABETH TAYLOR'S COLLECTION

AN ANDY WARHOL SELF-PORTRAIT PURCHASED IN 1963 FOR $1,600 ON AN INSTALLMENT PLAN IS POISED TO FETCH $30 MILLION OR MORE WHEN IT GOES ON THE AUCTION BLOCK AT CHRISTIE'S IN MAY. 'SELF-PORTRAIT', A FOUR-PANEL ACRYLIC SILKSCREEN DEPICTING THE POP ARTIST WEARING A TRENCH COAT AND SUNGLASSES, IS BEING SOLD BY THE FAMILY OF DETROIT COLLECTOR FLORENCE BARRON. BARRON FIRST COMMISSIONED WARHOL TO PAINT HER PORTRAIT, BUT CHANGED HER MIND AND SUGGESTED THE YOUNG ARTIST DEPICT HIMSELF, TELLING HIM, 'NOBODY KNOWS ME...THEY WANT TO SEE YOU'. THE RESULT WAS WARHOL'S FIRST SELF PORTRAIT, FOUR IMAGES TAKEN IN A COIN-OPERATED PHOTO-BOOTH RENDERED IN HUES OF BLUE. 'MY MOTHER DIDN'T LOOK AT COLLECTING IN TERMS OF 'IS THIS IMPORTANT OT NOT IMPORTANT', GUY BARRON TOLD REUTERS. SHE LOOKED AT IT FROM THE STANDPOINT OF WHAT RESONATED WITH HER, AND OF 'I WANT TO LIVE WITH IT', IT WAS NOT DONE AS SOME PEOPLE DO TODAY, AS WALL POWER.' THE PORTRAIT GRACED THE LIVING ROOM WALL OF THE FAMILY HOME IN DETROIT. IT ALSO WENT ON PUBLIC DISPLAY, SERVING AS THE COVER IMAGE FOR CATALOGS FROM MAJOR WARHOL EXHIBITIONS AND RETROSPECTIVES AT THE MUSEUM OF MODERN ART IN NEW YORK AND THE GUGGENHEIM MUSEUM IN BILBAO, SPAIN. BRETT GORVY, CHRISTIE'S INTERNATIONAL CO-HEAD AND DEPUTY CHAIRMAN FOR POST-WAR AND CONTEMPORARY ART, SAID THE WORK MARKED THE BEGINNING OF WARHOL'S OWN STARDOM. 'WITH DARK GLASSES AN OBLIVIOUS GAZE, WARHOL WAS AHEAD OF HIS TIME IN CREATING A NEW ARCHETYPE OF GLAMOR', GORVY SAID. 'THE PAINTING IS REMARKABLE NOT ONLY FOR ITS VISUAL IMPACT AND THE INTRODUCTION OF THE PHOTO-BOOTH GENRE, BUT FOR MARKING A KEY MOMENT IN THE HISTORY OF ART, WHEN WARHOL TAKES HIS PLACE IN THE PANTHEON OF CELEBRITY ALONGSIDE MARILYN, ELIZABETH AND ELVIS.' BARRON, WHOSE FAMILY INCLUDES TWO MARRIED SONS AND SEVERAL GRANDCHILDREN, SAID THEY WERE AUCTIONING THE WORK BECAUSE 'DIVIDING IS NOT POSSIBLE, SO SELLING MAKES THE MOST SENSE.' THE RECORD FOR A WARHOL SELF-PORTRAIT IS $32.6 MILLION SET LAST MAY AT SOTHEBY'S IN NEW YORK. THE RECORD PRICE FOR ANY WARHOL SOLD AT AUCTION IS 'GREEN CAR CRASH (GREEN BURNING CAR I)' WHICH CHRISTIE'S SOLD FOR $71.7 IN 2007.

CHRISTIE'S TO SELL WARHOL SELF-PORTRAIT

AN ANDY WARHOL SELF-PORTRAIT PURCHASED IN 1963 FOR $1,600 ON AN INSTALLMENT PLAN IS POISED TO FETCH $30 MILLION OR MORE WHEN IT GOES ON THE AUCTION BLOCK AT CHRISTIE'S IN MAY. 'SELF-PORTRAIT', A FOUR-PANEL ACRYLIC SILKSCREEN DEPICTING THE POP ARTIST WEARING A TRENCH COAT AND SUNGLASSES, IS BEING SOLD BY THE FAMILY OF DETROIT COLLECTOR FLORENCE BARRON. BARRON FIRST COMMISSIONED WARHOL TO PAINT HER PORTRAIT, BUT CHANGED HER MIND AND SUGGESTED THE YOUNG ARTIST DEPICT HIMSELF, TELLING HIM, 'NOBODY KNOWS ME...THEY WANT TO SEE YOU'. THE RESULT WAS WARHOL'S FIRST SELF PORTRAIT, FOUR IMAGES TAKEN IN A COIN-OPERATED PHOTO-BOOTH RENDERED IN HUES OF BLUE. 'MY MOTHER DIDN'T LOOK AT COLLECTING IN TERMS OF 'IS THIS IMPORTANT OT NOT IMPORTANT', GUY BARRON TOLD REUTERS. SHE LOOKED AT IT FROM THE STANDPOINT OF WHAT RESONATED WITH HER, AND OF 'I WANT TO LIVE WITH IT', IT WAS NOT DONE AS SOME PEOPLE DO TODAY, AS WALL POWER.' THE PORTRAIT GRACED THE LIVING ROOM WALL OF THE FAMILY HOME IN DETROIT. IT ALSO WENT ON PUBLIC DISPLAY, SERVING AS THE COVER IMAGE FOR CATALOGS FROM MAJOR WARHOL EXHIBITIONS AND RETROSPECTIVES AT THE MUSEUM OF MODERN ART IN NEW YORK AND THE GUGGENHEIM MUSEUM IN BILBAO, SPAIN. BRETT GORVY, CHRISTIE'S INTERNATIONAL CO-HEAD AND DEPUTY CHAIRMAN FOR POST-WAR AND CONTEMPORARY ART, SAID THE WORK MARKED THE BEGINNING OF WARHOL'S OWN STARDOM. 'WITH DARK GLASSES AN OBLIVIOUS GAZE, WARHOL WAS AHEAD OF HIS TIME IN CREATING A NEW ARCHETYPE OF GLAMOR', GORVY SAID. 'THE PAINTING IS REMARKABLE NOT ONLY FOR ITS VISUAL IMPACT AND THE INTRODUCTION OF THE PHOTO-BOOTH GENRE, BUT FOR MARKING A KEY MOMENT IN THE HISTORY OF ART, WHEN WARHOL TAKES HIS PLACE IN THE PANTHEON OF CELEBRITY ALONGSIDE MARILYN, ELIZABETH AND ELVIS.' BARRON, WHOSE FAMILY INCLUDES TWO MARRIED SONS AND SEVERAL GRANDCHILDREN, SAID THEY WERE AUCTIONING THE WORK BECAUSE 'DIVIDING IS NOT POSSIBLE, SO SELLING MAKES THE MOST SENSE.' THE RECORD FOR A WARHOL SELF-PORTRAIT IS $32.6 MILLION SET LAST MAY AT SOTHEBY'S IN NEW YORK. THE RECORD PRICE FOR ANY WARHOL SOLD AT AUCTION IS 'GREEN CAR CRASH (GREEN BURNING CAR I)' WHICH CHRISTIE'S SOLD FOR $71.7 IN 2007.

CHRISTIE'S TO SELL WARHOL SELF-PORTRAIT

A GOLD, ENAMEL AND GARNET BODICE BROOCH FROM 1830 THAT BELONGED TO QUEEN VICTORIA MADE FOURTEEN TIMES ITS PRE-SALE ESTIMATE AT BONHAMS JEWELRY SALE THAT TOOK PLACE YESTERDAY IN KNIGHTSBRIDGE. WITH A PRE-SALE ESTIMATE OF £600–800, THE BROOCH SOLD FOR £11,400. THE FINELY DETAILED BROOCH IS EMBELLISHED WITH GREEN AND RED ENAMEL, SET WITH CABOCHON GARNETS THAT SUSPEND AN ELONGATED DROP OF A SIMILAR DESIGN. THE BROOCH ORIGINALLY BELONGED TO VICTORIA, DUCHESS OF KENT, WHO ON HER DEATH IN 1861 LEFT HER JEWELRY TO HER DAUGHTER, QUEEN VICTORIA. QUEEN VICTORIA SUBSEQUENTLY GAVE THE BROOCH TO HER THIRD DAUGHTER HELENA, PRINCESS CHRISTIAN OF SCHLESWIG-HOLSTEIN, AS A PRESENT ON HER 24th BIRTHDAY IN 1870. THE REVERSE OF THE BROOCH HAS A SIMPLE, YET VERY PERSONAL ENGRAVING: 'BELONGED TO DEAR GRANDMAMMA V. FROM MAMA V.R. TO HELENA 25th MAY 1870'. ALTHOUGH PRINCESS HELENA MARRIED THE GERMAN PRINCE CHRISTIAN OF SCHLESWIG-HOLSTEIN IN 1866, THEY REMAINED IN BRITAIN CLOSE TO THE QUEEN, WHO LIKED TO HAVE HER DAUGHTERS NEARBY. HELENA WAS CONSIDERED THE MOST ACTIVE MEMBER OF THE ROYAL FAMILY, CARRYING OUT AN EXTENSIVE PROGRAM OF ROYAL ENGAGEMENTS. SHE WAS ALSO A COMMITTED PATRON OF CHARITIES, AND WAS ONE OF THE FOUNDING MEMBERS OF THE RED CROSS. SHE WAS ALSO THE ORIGINAL PRESIDENT OF THE ROYAL SCHOOL OF NEEDLEWORK, AND PRESIDENT OF THE ROYAL BRITISH NURSES' ASSOCIATION.

BROOCH THE BELONGED TO QUEEN VICTORIA SELLS FOR £11,400

A GOLD, ENAMEL AND GARNET BODICE BROOCH FROM 1830 THAT BELONGED TO QUEEN VICTORIA MADE FOURTEEN TIMES ITS PRE-SALE ESTIMATE AT BONHAMS JEWELRY SALE THAT TOOK PLACE YESTERDAY IN KNIGHTSBRIDGE. WITH A PRE-SALE ESTIMATE OF £600–800, THE BROOCH SOLD FOR £11,400. THE FINELY DETAILED BROOCH IS EMBELLISHED WITH GREEN AND RED ENAMEL, SET WITH CABOCHON GARNETS THAT SUSPEND AN ELONGATED DROP OF A SIMILAR DESIGN. THE BROOCH ORIGINALLY BELONGED TO VICTORIA, DUCHESS OF KENT, WHO ON HER DEATH IN 1861 LEFT HER JEWELRY TO HER DAUGHTER, QUEEN VICTORIA. QUEEN VICTORIA SUBSEQUENTLY GAVE THE BROOCH TO HER THIRD DAUGHTER HELENA, PRINCESS CHRISTIAN OF SCHLESWIG-HOLSTEIN, AS A PRESENT ON HER 24th BIRTHDAY IN 1870. THE REVERSE OF THE BROOCH HAS A SIMPLE, YET VERY PERSONAL ENGRAVING: 'BELONGED TO DEAR GRANDMAMMA V. FROM MAMA V.R. TO HELENA 25th MAY 1870'. ALTHOUGH PRINCESS HELENA MARRIED THE GERMAN PRINCE CHRISTIAN OF SCHLESWIG-HOLSTEIN IN 1866, THEY REMAINED IN BRITAIN CLOSE TO THE QUEEN, WHO LIKED TO HAVE HER DAUGHTERS NEARBY. HELENA WAS CONSIDERED THE MOST ACTIVE MEMBER OF THE ROYAL FAMILY, CARRYING OUT AN EXTENSIVE PROGRAM OF ROYAL ENGAGEMENTS. SHE WAS ALSO A COMMITTED PATRON OF CHARITIES, AND WAS ONE OF THE FOUNDING MEMBERS OF THE RED CROSS. SHE WAS ALSO THE ORIGINAL PRESIDENT OF THE ROYAL SCHOOL OF NEEDLEWORK, AND PRESIDENT OF THE ROYAL BRITISH NURSES' ASSOCIATION.

BROOCH THE BELONGED TO QUEEN VICTORIA SELLS FOR £11,400

CHRISTIE'S WILL OFFER A GEORGE STUBBS HORSE PAINTING FOR SALE IN LONDON ON 5.JULY AND EXPECTS IT TO MAKE MORE THAN £20 MILLION, POTENTIALLY PUTTING IT IN THE OLD MASTERS AUCTION ELITE. 'GIMCRACK ON NEWMARKET HEATH, WITH A TRAINER, A STABLE-LAD, AND A JOCKEY' WAS PAINTED BY STUBBS, RENOWNED FOR HIS ANATOMICALLY PRECISE PORTRAYALS OF HORSES, IN 1765, AND IS DESCRIBED BY THE AUCTIONEER AS 'A TRUE MASTERPIECE'. IT DEPICTS GIMCRACK, ONE OF THE MOST ADMIRED 18th CENTURY RACEHORSES WHICH WON 28 OF HIS 36 RACES AND FINISHED UNPLACED ONLY ONCE. THE PAINTING SHOWS GIMCRACK TWICE, IN THE BACKGROUND WINNING A 'TRIAL' AND IN THE FOREGROUND WITH HIS TRAINER AND JOCKEY, A STABLE LAD RUBBING HIM DOWN. SHOULD THE PAINTING EXCEED PRE-SALE EXPECTATIONS, IT WOULD PLACE STUBBS AMONG THE MOST VALUABLE OLD MASTER PAINTERS IN AUCTION HISTORY, ACCORDING TO CHRISTIE'S. THE MOST EXPENSIVE OLD MASTER PAINTING AT AUCTION REMAINS 'THE MASSACRE OF THE INNOCENTS' BY PETER PAUL RUBENS WHICH FETCHED £49.5 AT SOTHEBY'S IN 2002. THAT IS FOLLOWED BY TWO WORKS BY J.M.W. TURNER, A PAINTING BY PONTORMO AND IN FIFTH PLACE, REMBRANDT'S 'PORTRAIT OF A MAN WITH ARMS AKIMBO' WHICH SOLD FOR £20.2 MILLION AT CHRISTIE'S IN 2009.

CHRISTIE'S TO SELL STUBBS PAINTING FOR ESTIMATED £20 MILLION

CHRISTIE'S WILL OFFER A GEORGE STUBBS HORSE PAINTING FOR SALE IN LONDON ON 5.JULY AND EXPECTS IT TO MAKE MORE THAN £20 MILLION, POTENTIALLY PUTTING IT IN THE OLD MASTERS AUCTION ELITE. 'GIMCRACK ON NEWMARKET HEATH, WITH A TRAINER, A STABLE-LAD, AND A JOCKEY' WAS PAINTED BY STUBBS, RENOWNED FOR HIS ANATOMICALLY PRECISE PORTRAYALS OF HORSES, IN 1765, AND IS DESCRIBED BY THE AUCTIONEER AS 'A TRUE MASTERPIECE'. IT DEPICTS GIMCRACK, ONE OF THE MOST ADMIRED 18th CENTURY RACEHORSES WHICH WON 28 OF HIS 36 RACES AND FINISHED UNPLACED ONLY ONCE. THE PAINTING SHOWS GIMCRACK TWICE, IN THE BACKGROUND WINNING A 'TRIAL' AND IN THE FOREGROUND WITH HIS TRAINER AND JOCKEY, A STABLE LAD RUBBING HIM DOWN. SHOULD THE PAINTING EXCEED PRE-SALE EXPECTATIONS, IT WOULD PLACE STUBBS AMONG THE MOST VALUABLE OLD MASTER PAINTERS IN AUCTION HISTORY, ACCORDING TO CHRISTIE'S. THE MOST EXPENSIVE OLD MASTER PAINTING AT AUCTION REMAINS 'THE MASSACRE OF THE INNOCENTS' BY PETER PAUL RUBENS WHICH FETCHED £49.5 AT SOTHEBY'S IN 2002. THAT IS FOLLOWED BY TWO WORKS BY J.M.W. TURNER, A PAINTING BY PONTORMO AND IN FIFTH PLACE, REMBRANDT'S 'PORTRAIT OF A MAN WITH ARMS AKIMBO' WHICH SOLD FOR £20.2 MILLION AT CHRISTIE'S IN 2009.

CHRISTIE'S TO SELL STUBBS PAINTING FOR ESTIMATED £20 MILLION

A PAIR OF SPECTACULAR EAR-PENDANTS FEATURING THE WORLD'S RAREST DIAMONDS FROM THE LEGENDARY GOLCONDA MINES WILL BE OFFERED AT CHRISTIE'S HONG KONG MAGNIFICENT JEWELS SALE, WHICH WILL BE HELD ON 31.MAY AT THE HONG KONG CONVENTION & EXHIBITION CENTRE. THE IMPERIAL CUSHIONS, A PAIR OF D POTENTIALLY FLAWLESS GOLCONDA TYPE IIa DIAMONDS EAR-PENDANTS, IS ESTIMATED AT $7-$10 MILLION. THE OCCURRENCE OF SUCH A PAIR OF GALCONDA GEMSTONES, WITH A LIMPIDITY THAT IS PARTICULAR TO THE WORLD'S FINEST TYPE IIa DIAMONDS, IA A NATURAL MARVEL. AT 23.49 AND 23.11 CARATS EACH, THE PAIR IS OF EXCEPTIONAL CALIBER PROPORTIONS. WITH TYPE IIa DIAMONDS BEING LESS THAN 2% OF THE WORLD'S PRODUCTION, THE SUPERBLY MATCHED PAIR OF THE IMPERIAL CUSHIONS IS A UNIQUE EXAMPLE OF MAGNIFICENCE AND RARITY. WHILE THE PRESENT DIAMONDS DO NOT ACTUALLY COME WITH AN IMPERIAL PROVENANCE, THE QUALITY, WORKMANSHIP, SIZE, AND RARITY ARE CERTAINLY OF A CALIBER WORTHY OF A ROYAL COLLECTION.

CHRISTIE'S TO SELL RARE GALCONDA DIAMOND EAR-PENDANTS

A PAIR OF SPECTACULAR EAR-PENDANTS FEATURING THE WORLD'S RAREST DIAMONDS FROM THE LEGENDARY GOLCONDA MINES WILL BE OFFERED AT CHRISTIE'S HONG KONG MAGNIFICENT JEWELS SALE, WHICH WILL BE HELD ON 31.MAY AT THE HONG KONG CONVENTION & EXHIBITION CENTRE. THE IMPERIAL CUSHIONS, A PAIR OF D POTENTIALLY FLAWLESS GOLCONDA TYPE IIa DIAMONDS EAR-PENDANTS, IS ESTIMATED AT $7-$10 MILLION. THE OCCURRENCE OF SUCH A PAIR OF GALCONDA GEMSTONES, WITH A LIMPIDITY THAT IS PARTICULAR TO THE WORLD'S FINEST TYPE IIa DIAMONDS, IA A NATURAL MARVEL. AT 23.49 AND 23.11 CARATS EACH, THE PAIR IS OF EXCEPTIONAL CALIBER PROPORTIONS. WITH TYPE IIa DIAMONDS BEING LESS THAN 2% OF THE WORLD'S PRODUCTION, THE SUPERBLY MATCHED PAIR OF THE IMPERIAL CUSHIONS IS A UNIQUE EXAMPLE OF MAGNIFICENCE AND RARITY. WHILE THE PRESENT DIAMONDS DO NOT ACTUALLY COME WITH AN IMPERIAL PROVENANCE, THE QUALITY, WORKMANSHIP, SIZE, AND RARITY ARE CERTAINLY OF A CALIBER WORTHY OF A ROYAL COLLECTION.

CHRISTIE'S TO SELL RARE GALCONDA DIAMOND EAR-PENDANTS

AUCTION HOUSE CHRISTIE'S WILL PUT ONE OF THE WORLD'S LARGEST PEARLS ON THE BLOCK AT ITS DUBAI SPRING JEWELRY SALE ON 19.APRIL IN A NOSTALGIC REMINDER OF THE EMIRATE'S PEARL DIVING PAST. THE AUCTION HOUSE IS SHOWCASING AN ARRAY OF PEARLS, DIAMONDS, FINE GEMS AND GOLD JEWELRY AHEAD OF THE SALE. PEARLS ARE ESPECIALLY UNIQUE TO DUBAI, AS PEARL HUNTING WAS A MAJOR SOURCE OF INCOME A CENTURY AGO IN THE PORT CITY. CHRISTIE'S, WHO HAVE BEEN HOLDING REGULAR AUCTIONS IN THE MIDDLE EAST SINCE 2006, SAW REGIONAL SALES REACH $51 MILLION LAST YEAR, UP FROM RECESSION LOWS OF $18-20 MILLION IN 2009. THE STUNNING PEARL IS DROP-SHAPED IN A SILVER AND GRAY SHADE AT ALMOST 60 CARATS. ONE OF TEH LARGEST NATURAL SALTWATER PEARLS RECORDED TO DATE, IT IS MOUNTED AS A PENDENT ON A DIAMOND-STUDDED CHAIN NECKLACE. CHRISTIE'S HAS ESTIMATED IT AT UP TO $250,000. 'THIS PART OF THE WORLD LIKES THINGS THAT ARE UNIQUE AND RARE', SAID DAVID WARREN, HEAD OF CHRISTIE'S MIDDLE EAST JEWELRY DEPARTMENT. CLOSE TO ONE HUNDRED JEWELRY LOTS, ESTIMATED AT A TOTAL $5-$6.5 MILLION, WILL BE AVAILABLE AT THE AUCTION NEXT MONTH. ITEMS RANGE FROM AN ELEPHANT-SHAPED GEM RING WORTH $4,000-$6,000 TO A DIAMOND FLOWER NECKLACE WHICH CONVERTS INTO A TIARA WITH MATCHING EARRINGS WORTH $450,000-$550,000.

CHRISTIE'S TO SELL WORLD'S LARGEST PEARL

AUCTION HOUSE CHRISTIE'S WILL PUT ONE OF THE WORLD'S LARGEST PEARLS ON THE BLOCK AT ITS DUBAI SPRING JEWELRY SALE ON 19.APRIL IN A NOSTALGIC REMINDER OF THE EMIRATE'S PEARL DIVING PAST. THE AUCTION HOUSE IS SHOWCASING AN ARRAY OF PEARLS, DIAMONDS, FINE GEMS AND GOLD JEWELRY AHEAD OF THE SALE. PEARLS ARE ESPECIALLY UNIQUE TO DUBAI, AS PEARL HUNTING WAS A MAJOR SOURCE OF INCOME A CENTURY AGO IN THE PORT CITY. CHRISTIE'S, WHO HAVE BEEN HOLDING REGULAR AUCTIONS IN THE MIDDLE EAST SINCE 2006, SAW REGIONAL SALES REACH $51 MILLION LAST YEAR, UP FROM RECESSION LOWS OF $18-20 MILLION IN 2009. THE STUNNING PEARL IS DROP-SHAPED IN A SILVER AND GRAY SHADE AT ALMOST 60 CARATS. ONE OF TEH LARGEST NATURAL SALTWATER PEARLS RECORDED TO DATE, IT IS MOUNTED AS A PENDENT ON A DIAMOND-STUDDED CHAIN NECKLACE. CHRISTIE'S HAS ESTIMATED IT AT UP TO $250,000. 'THIS PART OF THE WORLD LIKES THINGS THAT ARE UNIQUE AND RARE', SAID DAVID WARREN, HEAD OF CHRISTIE'S MIDDLE EAST JEWELRY DEPARTMENT. CLOSE TO ONE HUNDRED JEWELRY LOTS, ESTIMATED AT A TOTAL $5-$6.5 MILLION, WILL BE AVAILABLE AT THE AUCTION NEXT MONTH. ITEMS RANGE FROM AN ELEPHANT-SHAPED GEM RING WORTH $4,000-$6,000 TO A DIAMOND FLOWER NECKLACE WHICH CONVERTS INTO A TIARA WITH MATCHING EARRINGS WORTH $450,000-$550,000.

CHRISTIE'S TO SELL WORLD'S LARGEST PEARL