General News

Jane Austen ring smashes auction estimate

By:
Jul 12, 2012 | 5:00am EDT

A gold ring once owned by British author Jane Austen has sold at auction for more than five times its estimate.

The Pride and Prejudice writer's simple piece of jewellery, which features an oval turquoise gemstone, was a big draw at the U.K. Sotheby's sale on Tuesday (10Jul12) and went under the hammer for $243,920 (£152,450).

The winning bidder was an anonymous private collector who made his offer over the phone.

In a statement released on Tuesday, Dr. Gabriel Heaton, Sotheby's manuscripts specialist, said, "Jane Austen's simple and modest ring is a wonderfully intimate and evocative possession. The price achieved today and the huge level of interest it has generated, is a remarkable testament to the author's enduring appeal and her place at the heart of our literary and cultural heritage."

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