Estee, Evelyn Lauder jewels sell for $3.9 million

AP News
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Posted: Dec 09, 2014 10:45 PM
Estee, Evelyn Lauder jewels sell for $3.9 million

NEW YORK (AP) — A New York auction of 44 pieces of jewelry from the collections of Estee Lauder and Evelyn Lauder has totaled $3.9 million and will benefit two charities.

Among the highlights at Sotheby's sale Tuesday was a ruby, emerald and diamond Cartier Tutti Frutti bracelet that sold for more than $2.1 million, an auction record for any Tutti Frutti bracelet by Cartier. Its pre-sale estimate was up to $1 million.

The auctioneer says proceeds from the sale of 33 jewels from Evelyn Lauder's collection will support the Breast Cancer Research Foundation, which she founded. Eleven pieces from the collection of Estee Lauder will benefit the Alzheimer's Drug Discovery Foundation.

Estee Lauder was the founder of the Estee Lauder fragrance and skincare products company. She died in 2004. Her daughter-in-law Evelyn Lauder died in 2011.