Italian royal tiara fetches $1.6 million at Swiss auction

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This diamond and pearl tiara that has been passed down through generations of Italy's royal family sold for $1.66 million

The price was one of the highest achieved for a tiara in recent years, auctioneers Sotheby's said following the sale in Geneva.

The tiara features graduated scroll motifs set with diamonds and natural pearls and had an estimated price of $1 million to $1.5 million. A staff holds a diamond and pearl tiara passed down through generations of the Italian royal family during a preview at Sotheby's before their auction in Geneva, Switzerland, May 6, 2021. REUTERS/Denis Balibouse

Also sold was the largest Kashmir sapphire to ever appear at auction, a 55.19 carat stone which fetched 3.5 million francs.

 

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