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$21 Million Worth of Jewels from Recluse Heiress Huguette Clark

Can you imagine stashing away your best jewels for decades? It’s not the first time we’ve heard this kind of story, but it can’t help but make one ponder about the old adage: You can’t take it with you. If you have jewelry hidden away – or even pieces you only wear once in a blue moon because of their worth – wear them soon! Life is short and good jewelry deserves a good person wearing it!

Huguette Clark

The 17 dazzling jewels that reclusive copper heiress Huguette Clark kept locked away in a bank’s safety deposit box for the past 70 years had their coming-out party Tuesday — winning applause and generating $21 million at auction, at least $10 million more than pre-sale estimates.

All eyes were on one piece in particular: a rare, 9-carat, Belle Epoque cushion-cut pink diamond ring (below), whose pre-sale estimate had been between $6 million and $8 million.

When the bidding started at Christie’s New York, auctioneer Rahul Kadakia called out “Four million dollars,” reports MSNBC. After a first bid, the price jumped to $7.5 million, as Kadakia said, “All right, why waste time?”

Final price: $14 million, plus commission, for a total outlay of $15,762,500.

Read more at: People Magazine

The 9-ct. Belle Epoque cushion-cut, fancy vivid purplish pink diamond ring from the estate of Huguette M. Clark sold for $15.7 million.