Displaying items by tag: breast cancer research foundation

Sotheby’s announced that it will offer jewels from the collections of Mrs. Estée Lauder and Mrs. Evelyn H. Lauder as part of its Magnificent Jewels auction in New York on 9 December 2014. Thirty-three pieces from the collection of Evelyn H. Lauder will be sold to benefit The Breast Cancer Research Foundation®, an organization that she founded and championed, while 11 pieces from the collection of Estée Lauder will be sold to benefit the Alzheimer’s Drug Discovery Foundation®. Sotheby’s previously auctioned jewels from the Collections in December 2012 and 2013 to benefit The Breast Cancer Research Foundation.

The jewels on offer this December include designs by Van Cleef & Arpels, Cartier, David Webb, Buccellati, and Oscar Heyman & Brothers – one of Evelyn H. Lauder’s favorite New York jewelers – and are led by one of Cartier’s rare and iconic Tutti Frutti bracelets, made circa 1928 (est. $750,000 / 1 million).

On December 5, Sotheby’s in New York will help cosmetics executive, Leonard Lauder, auction off jewelry that once belonged to his wife, Evelyn, and mother Estée. The collection is worth at least $13.4 million and includes a 47.714-carat heart-shaped yellow diamond with connections to the Duchess of Windsor, a Van Cleef & Arpels brooch featuring a pair of ruby tulips and diamonds, a flawless 6.54-carat fancy intense pink diamond ring by Oscar Heyman & Bros, and a 22.16-carat platinum and diamond ring from Graff.

Part of Sotheby’s Magnificent Jewels auction, the proceeds from the 35 pieces will benefit the Breast Cancer Research Foundation, an organization founded and championed by Evelyn Lauder. Additional pieces from the collection will be offered in New York as part of the Important Jewels auction in February 2013, also sold to benefit the Research Foundation. Leonard Lauder, chairman of The Estée Lauder Company and acting chairman of The Breast Cancer Research Foundation said, “We are pleased to be partnering with Sotheby’s for this important auction. Each piece of jewelry is unique and very special.”

 The auction comes at a time when high-end jewelry has been outperforming most of the art market. Buyers and collectors continue to seek recession-proof assets and have turned to quality jewelry designed by big names such as Bulgari and Van Cleef & Arpels for stable investments. Sotheby’s said its jewelry sales were up 19% this year.