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Mysterious Cartier Pearls Linked to Catherine the Great

Filed under: Jewelry, Auctions

A mysterious pearl necklace that may have once belonged to Catherine the Great, Empress of Russia, will be auctioned off by Bonhams in New York in December. Automotive billionaire Horace Elgin Dodge purchased the necklace from Cartier in Paris in 1920 for his wife Anna Thomson Dodge at the astonishing price of $825,000 - about $8 million in today's dollars.

The original Cartier invoice states that the "five row pearl necklace, consisting of 389 pearls weighing 4305 grains" was accompanied by an "enamel clasp representing Catherine, Empress of Russia" and "two diamond alternate clasps." Several newspaper accounts from the '20s suggested that the pearls did indeed once belong to Catherine; Anna Thomson Dodge's heirs maintain that Horace bought the pearls from Cartier on that basis.

Now reduced to three strands comprised of 224 pearls and two Cartier diamond clasps, the necklace (above) is estimated at $500,000- $700,000 - a hefty sum, to be sure, but far less than Horace originally paid. The reason for the depreciation has less to do with the reduction in strands than with changing fashion and an evolving jewelry marketplace.

In 1920, before the advent of cultured pearls, they were exceedingly rare and valuable, much more so than diamonds. Nowadays pearls have become more commonplace while diamonds are more precious, though a true connoisseur recognizes the value of the Dodge necklace, which is made of all natural pearls.

Matching Viper and Helicopter

Filed under: Wheels, Wings


It's one thing to coordinate your belt with your shoes, but your car with your helicopter? Oh yeah.

In every great sports car there's the heart of a flying machine, and the owner of Northwest Helicopters certainly seems to think his Viper and Huey are kindred spirits. While looking for an eye-catching paint color for his helicopter for an upcoming show, he decided the best thing around was the "Viper Racing Yellow" on his new yellow Viper SRT/10 coupe. Throw some silver stripes in the mix and you've got one very pricey matched set, complete with aluminum wheels, satellite radio, and mounted M60-D cannon.

Now, what shoes to wear?


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