NO RESERVE EMERALD AND DIAMOND BROOCH
Lot 183Property formerly from the Collection of The Count Matarazzo

NO RESERVE EMERALD AND DIAMOND BROOCH

Closed30 September 2022

Price Realised

USD 11,970

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NO RESERVE EMERALD AND DIAMOND BROOCH
Round cabochon emerald, round and baguette-cut diamonds, platinum, circa 1955

Diamonds: approximately 203 round and 21 baguette-cut with approximate total weight of 18.00 - 22.00 carats

Size/Dimensions: 5.5 x 5.0 cm (2 1/8 x 2 in)
Gross Weight: 43.0 grams

The Count Matarazzo, thence by descent

Specialist note

Count Francesco Matarazzo (1854 – 1937) was born in Salerno, Italy and at the age of 27 emigrated to Sao Paulo with his family. He and his brothers went on to found a company that focused on the production and distribution of lard. They also imported wheat flour from the United States.

By 1900, Matarazzo built a mill in San Paulo after facing difficulties with importation due to the Spanish-American War. Thereafter, his business empire expanded rapidly and led to the development of 365 factories throughout Brazil. At the time 6% of Brazil’s population depended on these factories.

During the First World War, Matarazzo provided monetary support and much needed goods to Italy. In recognition of his efforts, he was granted the noble title of ‘Count’ by King Victor Emanuel III.

Count Matarazzo died in 1937. At the time, he was the wealthiest person in Brazil.