will be in fashion, look no further than Sotheby’s recent $18.8 million auction of
property from the late Brooke Astor’s estate: A Bulgari necklace, estimated at
$250,000–$350,000, went for $686,500, and her 22.84 ct. Van Cleef & Arpels
emerald engagement ring earned $1.2 million. (It was valued at
$100,000–$150,000.) In fact, all of Astor’s emeralds—she had about a dozen
pieces in the lot of 64 jewels, which pulled in $5.7 million total—exceeded
their estimates, most selling for three and four times the predicted prices.
That’s a whole lot of green.