Jane Austen’s Ring Goes for Over $200K at Sotheby’s
Posted July 16th, 2012 | by The Update
(Reuters) – A turquoise ring once belonging to British classics author Jane Austen sold at auction for 152,450 pounds ($236,557) this week, more than five times its pre-sale estimate, Sotheby’s said on Tuesday.
The gold ring, featuring an oval turquoise gemstone, generated a battle between eight bidders and was eventually bought by an anonymous private collector over the phone, the auction house said.
“Jane Austen’s simple and modest ring is a wonderfully intimate and evocative possession. The price achieved today and the huge level of interest it has generated, is a remarkable testament to the author’s enduring appeal and her place at the heart of our literary and cultural heritage,” Dr. Gabriel Heaton, Sotheby’s manuscripts specialist, said in a statement.