Lily Safra To Auction Jewels For Charity

This post first appeared on The Shmooze blog at the Forward.

If you are in the market for some expensive jewelry, you’ll want to know that philanthropist Lily Safra’s personal collection will be on the auction block at Christie’s in Geneva on May 14.

The auction will feature 70 lots, which are estimated to fetch in excess of $20 million, all of which Safra plans to give to 20 different charities. Safra’s collection includes “important diamonds, rubies and sapphires, as well as an outstanding array of fine antique and period jewelry,” according to Christie’s. All the pieces in the auction were collected by Safra between the 1970s and now. Eighteen of them are by JAR,who crafted them specifically for Safra. According to Christie’s, “this is the largest private collection of creations by JAR ever to be offered at auction.”

Click here to read more.

© 2012 Renee Ghert-Zand. All rights reserved.

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