Nazi-linked jewels set record of $156 million at auction

May 16, 2023 by JNS
Read on for article

A collection of 700 jewels belonging to the wife of a billionaire businessman who grew his wealth as a member of the Nazi Party came up for auction through Christie’s auction house in London on May 10.

Heidi Horton

Anticipated to fetch $150 million, the collection was to be sold all together and one of the most sought-after pieces, the Sunrise Ruby, was said to be worth $15 to $20 million on its own.

“This sale is indecent … this sale is also to finance a foundation with the mission to safeguard the name of a former Nazi for posterity,” said Yonathan Arfi, president of the Representative Council of Jewish Institutions in France.

The jewels were previously owned by Heidi Horten, who was married to Helmut Horten. She inherited a billion dollars upon his passing in 1987. Heidi died in June 2022.

Many of the jewels ended up fetching much lower prices than estimated. The Sunrise Ruby sold for 13 million francs ($14.6 million). A diamond ring believed to be worth as much as 3.2 million francs sold for about $1.28 million.

However, ultimately the collection did sell above its lower estimates, earning $156 million.

The Simon Wiesenthal Center called on Christie’s to put the sale on hold so that further research of any connections to “Nazi-era acquisitions are completed. Don’t reward those whose families may have gained riches from targeted Jews.”

JNS

Comments

One Response to “Nazi-linked jewels set record of $156 million at auction”
  1. mdlewis999 says:

    They all – including the “*@#$*” who own Christies – hate us still. The “lovely” politicians in Germany (and their anti-Communist excusers in the US) have never tried to investigate former SS, let alone “just Nazis”..

Speak Your Mind

Comments received without a full name will not be considered
Email addresses are NEVER published! All comments are moderated. J-Wire will publish considered comments by people who provide a real name and email address. Comments that are abusive, rude, defamatory or which contain offensive language will not be published

Got something to say about this?

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Discover more from J-Wire

Subscribe now to keep reading and get access to the full archive.

Continue reading