There is nothing more sensational than when Hollywood sells its jewels. The latest in this list is the 1950s and 60s screen legend Gina Lollobrigida.
More than 20 pieces – many created by Italian jeweller, Bulgari – went under the hammer last week at Sotheby’s. Many of the pieces achieved double their estimate, fetching CHF 4,741,500 (just over AUD $5m). Her diamond and pearl earrings, said to have belonged to the historic collection of the House of Habsburg, sold for CHF 2,285,000 (a little over AUD$2.5M).
Attending the Geneva auction, the 85-year-old Italian actress said that she was using the proceeds to raise money for stem cell research.
“Jewels are meant to give pleasure and for many years I had enormous pleasure wearing mine,” Lollobrigida said.
“Selling my jewels to help raise awareness of stem cell therapy, which can cure so many illnesses, seems to me a wonderful use to which to put them.”