Tiara of Italian monarchs sold at auction for $1.66 million

A tiara of the Italian royal family was sold at an auction at Sotheby’s in Switzerland for 1.5 million Swiss francs ($1.66 million), the auction house said on Tuesday, May 11, on Twitter.

The price of the relic was one of the highest offered for a tiara in recent years, Sotheby’s auctioneers commented after the sale in Geneva.

As the Daily Sabah writes, the tiara belonged to the House of Savoy. According to some reports, it was created by the court jeweler Musi Padre and Figli. The jewelry was a wedding gift for the aristocrat Maria Vittoria dal Pozzo, who married the son of the king of Italy and future ruler of Spain Amadeo I of Savoy in 1867.

The relic is decorated with ornaments in the form of graduated scrolls. It is inlaid with diamonds and 11 natural pearls in the shape of a drop, the largest having a length of 20 mm. The approximate price of the royal jewelry was $1-1.5 million.

“The price achieved today is a testament not only to the exceptional craftsmanship and quality materials that make it a true work of art, but also to the historical significance of the jewelry,” said Benoit Repellen, head of Sotheby’s Magnificent Jewels auction.

The House of Savoy appeared in 1003 and ruled Sicily, Sardinia, Italy and Spain. The last representative of the dynasty was Umberto II, King of Italy, who ruled for little more than a month in 1946. After the abdication of Umberto, some of the jewelry remained in the family, others fell into the hands of collectors.

The day before it became known about the auction of the painting by Wassily Kandinsky at an auction in London for $ 25-35 million. before the sale of the painting will make a world tour. It will be possible to look at it in New York, Dubai, Hong Kong, Taiwan and London.