1 Dec 2010

Wallis Simpson bracelet breaks world auction record

7:48 pm on 1 December 2010

A bracelet owned by Wallis Simpson, whose affair with Edward VIII led to his abdication, has sold for a world record-breaking £4.5m at auction.

The Cartier-designed diamond panther bracelet was among 20 items of jewellery belonging to Mrs Simpson and her husband, the Duke of Windsor, the BBC reports.

As King Edward VIII he renounced the British throne in order to marry the American millionaire divorcee.

The selling price made it the most expensive Cartier piece ever sold at auction.

The sale at London auction house Sotheby's raised a total of £7,975,550. The jewellery collection had been expected to fetch about £3m.

A ruby, sapphire, emerald, citrine and diamond Cartier flamingo clip was another big seller, reaching £1,721,250.

All prices include the buyer's premium.