Tuesday, March 27, 2012

Christie's to sell Lily Safra jewels

Jewels belonging to Lily Safra, billionaire widow of banker Edmond Safra, are estimated to fetch more than $20 million at a May auction whose proceeds will benefit 20 charities selected by the philanthropist, Christie's said on Tuesday.
The 70 gems, being offered at its Geneva sale on May 14, include diamonds, rubies and sapphires as well as antique pieces dating to the late 18th-century and period jewellery, it said.
The Safra couple is known for their philanthropic work, including building Jerusalem's Safra Square and donations to the Louvre in Paris, where a gallery bears their name.

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