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Annenberg Diamond To Be Sold At Christie's

Filed under: Jewelry

annenberg diamondChristie's and Sotheby's art sales use the Warhols, Van Goghs and Monets to attract attention. For the jewelry sales it's all about the diamonds. The Christie's Jewels: The New York Sale to be held on October 21 will feature the Annenberg Diamond, a square 32.01-carat, emerald-cut diamond graded D color, flawless, the rarest of the rare. The Annenberg diamond is flanked by two pear-shaped diamonds, of 1.5 carats and 1.61 carats, respectively mounted in a ring by David Webb. It is part of the Leonore Annenberg collection. The ring has an estimated value between $3 million to $5 million. Rings like this get their own world tour and Christie's plans to showcase the diamond in Geneva, London, Hong Kong and Los Angeles before winding up back at Christie's Rockefeller Galleries as part of a viewing of the entire sale from October 16 to 20.

Annenberg Beach House To Open To The Public

This summer you don't have to be rich or well-connected to enjoy a Santa Monica beach house. The Annenberg Foundation and City of Santa Monica are opening the Annenberg Community Beach House at Santa Monica State Beach.

The beach facility will open to the public beginning April 26th, 2009 and on April 25 there will be a public opening celebration that includes a "First Splash" performance from "O™" by Cirque du Soleil in the house's historic tiled pool.

The Annenberg Community Beach House revitalizes a five-acre beachfront property. The house was originally built by William Randolph Hearst in the late 1920's for actress Marion Davies. In the late 1940s, the property was sold and become Oceanhouse, a hotel owned by Joseph Drown who eventually demolished the large mansion but kept the original guest house and pool as well as cabanas and a locker building. It was later sold to the State of California and leased for thirty years to the Sand and Sea Club until the City of Santa Monica assumed responsibility for the site in 1989. A $27.5 million Annenberg Foundation grant led to the site's rehabilitation.

The space now includes volleyball and beach tennis courts, event and meeting space, the Back on the Beach Café, children's play areas, gardens and an accessible boardwalk extending westward toward the ocean. A pool pass will cost $10 for adults, $4 for children and no membership is required.

640 Park Avenue, Estate of the Day

Filed under: Estates

As we mentioned earlier, this stately co-op at 640 Park Avenue which was previously owned by the late Evelyn Annenberg Jaffe Hall has been reduced to $23.75 million. The apartment takes up the entire 11th floor with 6,200 square feet of space. It has four bedrooms, a library, dining room, family room and a marble gallery. The posh apartment has a classic feel with moldings, working fireplaces, parquet de Versailles wood floors and plenty of gorgeous views. After the jump, classic Park Avenue, a gilt drawing room in the sky.
 

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