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Rich Divorcee "Downsizing" By Selling Off Her Diamonds

The Wall Street Journal today reports that Patricia Kluge, the socialite who made a fortune from her divorce from billionaire media tycoon John Kluge, and is now in the wine business is selling off her diamonds and jewelery through Sothebys.

More than 200 pieces of jewelry from her collection, including a pair of platinum and diamond pendant-ear clips set with almost 64 carats of pear-shaped diamonds and estimated between $600,000 and $800,000.


Also included are some “fancy-intense” yellow diamonds, suites of sapphires and rubies, and a sapphire and diamond Panthère wristwatch from Cartier circa 1985. The watch is estimated between $100,000 and $150,000.


Her Virginia winery, Kluge Estate Winery and Vineyard, is doing well and she’s planning to build a new home on the vineyard, which she says will more reflective of her “changing taste and more streamlined lifestyle,” according to Sotheby’s.


She also plans to travel more “so that she can enjoy her other homes.


C'est la Vie.


Posted by Barry Gutwein on April 21, 2010 3:46 PM in Auctions | Comments (14)

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