By Erika W.
Jewelry auction news abounds this week, as Sotheby's has announced the sale of Brooke Astor's jewelry, fine and decorative art collections. An emerald and diamond ring and necklace will highlight Sotheby's sale of Mrs. Astor's jewelry. The ring, set with a 22.84 carat Colombian emerald, has a selling estimate of $150,000. The emerald and diamond necklace is estimated to sell for $250-350,000.
Mrs. Astor's Van Cleef & Arpels yellow diamond, coral, and ruby brooch will also be offered at the sale, which will include 800 pieces of jewelry, art and personal belongings from the late philanthropist's New York residences. The auction will be held at Sotheby's New York on September 24-25, 2012.