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Home News Senator’s Jewels Sell for More Than $500,000

Senator’s Jewels Sell for More Than $500,000

by Madonna

A jewelry collection owned by the late Senator Dianne Feinstein fetched over $500,000 at Bonhams’ Legacy of a Stateswoman auction in Los Angeles, far surpassing its pre-sale estimate.

The total auction, which included furniture, design items from her three homes, and American art, raised nearly $1.9 million—more than three times its expected amount.

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The highlight of the jewelry collection was a platinum and diamond ring, which sold for $108,450. The ring, which had been estimated at $45,000 to $65,000, features a 4.14-carat diamond with E color and VS2 clarity, flanked by tapered baguette diamonds.

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A 14k gold and diamond brooch, shaped like the California state flower, sold for $19,200, far exceeding its estimate of $600 to $800.

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Feinstein, a Democrat, made history as California’s first female U.S. senator, serving from 1992 until her passing last September at the age of 90. Her estimated net worth was around $70 million, largely due to her marriage to Richard Blum, a billionaire investment banker. Blum founded Blum Capital Partners and owned a vast portfolio of assets, including Carlton Hotel Properties.

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Bonhams noted that the auction saw “immense interest,” lasting nearly 12 hours. Many lots sold for well above their estimated value, doubling the total estimate to $1.85 million. It also set records for Bonhams, with the highest number of registrations for a U.S. sale and the largest in the past 15 years globally.

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