Annenberg diamond sells for $7.7m

A 32-carat dimond once owned by Leonore 'Lee' Annenberg - the world's 403rd richest person, according to Forbes - has sold for $7.7 million at a Christies Auction.

Annenberg - who died in March, aged 91 - was US Chief of Protocol in the Reagan administration, and the widow of Walter Annenberg, a billionaire publisher who became US Ambassador to Britain.

She was famed for her glamorous life, philanthropy - including setting up the Annenberg Foundation - and her fine taste in jewellery.

The so-called Annenberg diamond ring was bought for her 90th birthday.

The Annenberg diamond
The $7.7m Annenberg diamond was mined in South Africa

Ms Annenberg would have reportedly been proud of the 32.01 carat diamond's sale, which easily surpassed experts' pre-auction estimates of $3-5m.

The emerald-cut, pure diamond ring is roughly the size of a walnut, and was toured around various places including Geneva, London, Hong Kong and Los Angeles to find a suitable buyer.

It was sold to an unnamed telephone bidder.



Register to receive more in-depth articles from our dedicated team.

Register Here

Featured products

Save £60
Elvis Presley Authentic Strands of Hair clipped during his 1958 US Army haircut.
A certificate of recognition awarded to a Cuban social worker in 2001, featuring a fine signature from Fidel Castro.Fidel Castro's signature.
Fidel Castro Signed Certificate
Sale price£1,995
In stock
King Henry VIII signed vellum document in superb condition dated 1513 - the year Henry VIII invaded France. Provenance Sir Thomas Phillipps.Back of document: King Henry VIII signed vellum document in superb condition dated 1513 - the year Henry VIII invaded France. Provenance Sir Thomas Phillipps.
King Henry VIII Signed Historical Document
Sale price£45,000
In stock