A Massive Private Jewelry Auction at Christie’s Is Sparking Controversy Over the Late Owner’s Links to the Nazis

A massive collection of jewels is set to go on sale by Christie’s, but the size of the haul isn’t the only part of the auction that’s getting attention.

On Wednesday, May 3, the auction house will offer 700 jewels from Austrian heiress Heidi Horten in what will probably be one of the biggest jewelry sales in history, according to The New York Times. The collection is anticipated to fetch more than $150 million, a sum that would surpass the $137 million sum that the Elizabeth Taylor’s collection yielded.

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Horten, who passed away last year, received a substantial inheritance after the death of her first husband, Helmut, in 1987,horten/what-is-on” data-ylk=”slk:according to Christie’s.;elm:context_link;itc:0″ class=”link “according to Christie’s. But the auction house has disclosed that “the business practices of Mr. Horten during the Nazi era, when he purchased Jewish businesses sold under duress, are well documented.” Horten, the auction house admits, forced Jewish businesses to sell to him under threat of harm from the Nazis.

As counter to this ugly history, Christie’s stated that proceeds of the sale will benefit The Heidi Horten Foundation, as well as an array of causes she supported during her lifetime such as medical research and child welfare. Christie’s also said that following the sale, it would “make a significant contribution” to an organization that “advances Holocaust research and education.”

“We are aware there is a painful history,” Anthea Peers, president of Christie’s Europe, Middle East and Africa, told the Times. “We weighed that up against various factors,” but added that the foundation is a “key driver of philanthropic causes.”

Munich-based journalist Stephanie Stephan’s father was on the board of a company that was sold to Horten by force, according to the newspaper. Stephan published an affidavit

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Town centre shop in Great Yarmouth sold post auction

9:55 AM August 1, 2022

A town centre shop with planning permission for flats has been sold.

The former Stead and Simpson store at 176 King Street, in Great Yarmouth, had an auction guide price of £140,000 to £160,000 when it went under the hammer with Auction House East Anglia in Norwich.

176 King Street Great Yarmouth is up for sale at auction.

The sales floor at 176 King Street which has been sold by Auction House East Anglia.
– Credit: Auction House East Anglia

Bidding started at £120,000 reaching £128,000 after six bids –  not enough to see it sold.

The auctioneer said it was a “prominent” property within easy reach of the town’s market and its famous chip stalls.

176 King Street Great Yarmouth is up for sale at auction.

Inside 176 King Street in Great Yarmouth which has been sold.
– Credit: Auction House East Anglia

The property, lot 88, was sold post auction for an undisclosed sum.

It comprises a ground floor sales area with side office and toilet. The first and second floors have a separate side access and have planning approval for flats. 

Inside 176 King Street which has planning permission for flats.

Inside 176 King Street in Great Yarmouth which has been sold.
– Credit: Auction House East Anglia

As Stead and Simpson, and before that Shoe Zone, it was sandwiched between Thornton’s and Adam’s Kids. More recently the shop has had a series of identities including Vapez and Shakez, and Shabby Chiq.

A burnt out house and sold-at-auction-9172790″a quaint cottage in Caister were among other lots to sell.

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