Sotheby’s New York to Offer $4.6M Diamond Necklace in December

Finance and Trade
22/11/2015 22:15

A platinum and diamond necklace created for Queen Nazli of Egypt with a pre-sale estimate of $3.6 million to $4.6 million will go under the block at Sotheby's in New York next month. Set with 217 carats of diamonds, it was made by Van Cleef & Arpels after Queen Nazli of Egypt commissioned it for the wedding ceremony of her daughter Princess Fawzia in 1939, Sotheby’s said. In excess of 500 lots will be up for sale on December 9, with the necklace being one of several jewelry items with a pre-sale estimate of more than $1 million.