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The Savoy Auctions Off Its Goods

Filed under: Journeys, Auctions

The Savoy in London is following in the footsteps of the Plaza in New York by selling items from their past ahead of a huge renovation. On December 18, 19 and 20, Bonhams will be holding an auction at the hotel. The auction will include more than 3,000 items that include a mahogany bureau from The Monet Suite's sitting room, going for about $2,000 to $3,100, the piano played at afternoon tea, and many chandeliers that are expected to earn from $1,200 to $31,000 depending on the intricacy of the design. The Savoy has a long and storied history. It was built in 1889 and has played host to the famous including Vivien Leigh, Richard Harris, and Princess Diana. The Savoy's renovation will cost around $200 million and it will reopen in 2009. A portion of the proceeds from the auction will benefit Farms For City Children, a charity that gives city children the chance to spend a week on a working farm.

[via A Luxury Travel Blog]
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Italian Princess To Sell Her Tiara

Filed under: Jewelry, Auctions


A princess's loss can be your gain at Christie's jewelry auction in London on June 13. Italy's Princess Maria Gabriella of Savoy is auctioning off 41 lots of rare jewels in order to help pay her taxes. The most astounding piece is the Faberge tiara shown above. The piece is referred to as the Empress Josephine Tiara because the briolette-cut diamonds (the ones shaped like teardrops )were given to the French empress by Tsar Alexandra I following her divorce from Napoleon I. The piece was created around 1890 and is mounted in silver and gold. It is estimated to be worth $774,384 and $1.2 million but could bring more at the auction.


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