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Hungarian swimmer Katherine Domyan’s estate included a Van Cleef & Arpels ruby and diamond bracelet that sold for $504,000 at a jewelry auction in New York.
The rare stone is the highlight of Sotheby’s Oct. 3 jewelry auction in Hong Kong.
The sale supports The Hellenic Initiative’s mission to fund Greek entrepreneurs and NGOs to aid the country’s economic recovery.
The news follows speculation earlier this year that the auction house was looking for a buyer.
Katherine Domyan swam for Hungary in the 1956 Olympics before defecting and seeking asylum in the United States.
Works from the influential contemporary designer will be on view next month in New York City.
It will feature more than 300 lots collected from federal court cases and also include gold and silver coins and bullion, plus rare collector’s items.  
Not seen publicly for 200 years, they’re part of Sotheby’s “Royal Jewels from the Bourbon-Parma Family” sale happening in Geneva this fall.
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