Auction Sells Diamond Wearing Barbie For Record Price

Auction Sells Diamond Wearing Barbie For Record Price

Auction Sells Diamond Wearing Barbie For Record Price - Image via Wikipedia

In a New York auction a Barbie doll wearing a diamond choker was sold for a record amount. Stefano Canturi created the one-off Barbie that wears a one-carat square pink diamond choker and black strapless evening gown.

An anonymous bidder bought the item for $302,500 (£191,500). Although the amount is lower than the auction house’s estimate, it is still the most ever paid for a Barbie. The previous world record for an auction sell of a Barbie was set in 2006 with a bid of $17,091.

Barbie was created in 1959 and has undergone many transformations. The Barbie was created has a homage to Barbie’s “modern yet timeless style” said Australian jewellry designer, Canturi.

Because of the diamonds, the doll can also be seen as an investment in these uncertain economic times said Laura Trevelyn of the BBC, who was at the auction. Canturi says: “People are finding things other than the normal channels for investing and what’s happening is going back to the basics like going back to beautiful gold, gems, something they can actually hold on to.”

According to the auction house, Christie’s coloured jewel and diamond prices have risen by over 20% in the past year. The Breast Cancer Research Foundation will receive proceeds from the bejewelled Barbie’s sale.

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