Elton John's 'J' brooch for sale in London
LONDON (AP) - September 23, 2008 The art deco piece is shaped like a "J" and was worn by John
in the 1988 music video "I Don't Wanna Go on With You Like That."
It is expected to fetch $22,000 when it goes up for sale at
Bonhams auction house in London on Thursday.
The 1930s-era brooch has brilliant-cut and baguette-cut diamonds
and oval-cut and circular-cut sapphires.
Despite the growing global financial crisis, the auction house
struck a confident note about the sale of the brooch and other
jewelry items.
"Diamonds have an enduring appeal," Jean Ghika, Bonhams' UK
director of jewelry, said Tuesday. "They provide timeless elegance
in a fast-moving fashion arena and in many instances maintain their
worth."
An 11-carat emerald-cut diamond ring by De Beers that
auctioneers say could go for as much as $593,000 is among the other
items being sold.
