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Going, Going, Gone: A first lady’s faux pearls.

Going, Going, Gone: A first lady’s faux pearls.

Recalling “The Estate of Jacqueline Kennedy Onassis” auction from April 23 to 26, 1996, and the necklace that captivated a nation.
Recalling “The Estate of Jacqueline Kennedy Onassis” auction from April 23 to 26, 1996, and the necklace that captivated a nation.

I t is not often that an entry ticket takes the form of a 584-page auction catalog. But given the scale of interest in this landmark sale, Sotheby’s decided that a lottery—bundled with the purchase of this weighty tome—would be the fairest system for public admission. On the catalog’s first day on sale, 27,00🧸0 orders were taken by phone for the $𝔉90 hardcover and $45 paperback.

Lot 454 in the catalog, with a photograph showing John F. Kennedy Jr. playing with the pearls.
Photo: BORN XDS, Cecil Stoughton, White House/John F. Kennedy Presidential Library and Museum.

Visitors from around the world were granted one-hour slots to bask in U.S. history, surrounded by artifactꦺs such as the Louis XVI desk used by President Kennedy to sign the 1963 nuclear test ban treaty and paintings by Sargent and Rauschenberg.

Among the more personal eff꧅ects was a triple strand of faux pearls worn by Jackie Kennedy during her White House tenure and captured in countless photographs. Against ꦇan estimate of $500-$700, it sold to the Franklin Mint for $211,500.

Drawing on enduring affe💧ction for Jackie, the collectibles company went on to sell more than 130,000 reproductions of the pearls before donating the original to the nation in 2005. The necklace fittingly resides today in the Smithsonian’s National Museum of American History.

Left: Staff on the phone banks fielded bids from around the world via more than 90 lines. Photo: Sotheby’s.
Right: Visitors wrapped around the corner of Sotheby’s New York in April 1996, waiting to view the collection. Photo: Sotheby’s.

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Going, Going, Gone: A first lady’s faux pearls. | Sotheby’s Magazine | Sotheby’s Created with Sketch. Back To Top