Swedish royal necklace nets fortune at auction

A pearl necklace that belonged to Josephine de Beauharnais, a 19th-century queen of Sweden, has been sold for $3.42 million at an auction in Switzerland.

Swedish royal necklace nets fortune at auction
The necklace of Josephine de Beauharnais, former Queen of Sweden and Norway. Photo: TT

It was one lot in a sale of high-end jewellery organised by auction house Sotheby's that raised a total of $95 million.

Josephine, who was queen consort of Sweden and Norway from 1844 to 1859, bore the same name as her illustrious grandmother, Josephine de Beauharnais (1763-1814) – the first wife of Napoleon Bonaparte.

The necklace, which includes seven pear-shaped pearls, had an estimated value of between $800,000 and $1.5 million.

Wednesday's sale also included several pieces from the collection of Greek financier Dimitri Mavrommatis with an estimated combined value of $20 million.

The star of the collection was an 8.62 carat Burmese ruby set in a ring known as the Graff Ruby, acquired by London jeweller Laurence Graff in 2006 for $3.6 million.

Graff sold it to Mavrommatis for an undisclosed sum, and it garnered $8.6 million on Wednesday.

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