A dazzling pearl and diamond tiara once owned by a celebrated member of Britain’s de Rothschild empire on Wednesday sold at a London auction for £1,161,250.

The bejewelled item belonged to Hannah de Rothschild, whom was at one time the richest woman in Britain and whom went on to marry dashing aristocrat and future prime minister the Earl of Rosebery.

Three pieces of jewellery owned by the countess of Rosebery were sold at Wednesday’s “Important Jewel Sale” at Christie’s auction house.

The iconic black and red jacket worn by Michael Jackson in his “Thriller” video is to go under the hammer at a two-day Music Icons Exhibition in Beverly Hills.

The jacket is among 600 items that will go on sale at Julien’s Auction Gallery, including memorabilia from musicians such as The Beatles, Madonna and Lady Gaga, Frank Sinatra, Elvis and Justin Bieber on June 25 and 26.

The calf leather jacket became the prototype for future costumes for the pop musician. The jacket includes an inscription by Jackson on the inside lining.

MB&F returns to the Only Watch charity auction in 2011 with another emotionally charged piece – this time in collaboration with Chinese artist Huang Hankang.

HM4 Only Watch features a solid gold panda bear riding on top of the HM4 jet, which he controls with reins made of twisted gossamer filaments made of gold.

The panda was hand-carved and then cast in 18k white gold using the “lost wax” technique.

A series of auctions of high-end goods from fine wine to Imperial Chinese ceramics goes into full swing this weekend in Hong Kong, as the city challenges the dominance of New York and London.

The multi-million-dollar auctions are looking to cash in on the vast wealth of China’s growing number of millionaires keen to show off their newly-made cash.

Christie’s six-day Spring sale kicks off Friday with more than 2,700 lots, including a rare Patek Philippe watch and several pieces of contemporary art, that the house expects to rake in about HK$2.4 billion ($308 million).

The flamboyant hat worn by Princess Beatrice at last month’s royal wedding has been sold for the princely sum of £81,100 on internet auction site eBay.

Proceeds from the sale of the hat, designed by Irish milliner Philip Treacy, will be split between two charities: the United Nations Children’s Fund, UNICEF, and British charity Children in Crisis.

The princess, the oldest daughter of Prince Andrew and a granddaughter of Queen Elizabeth II, provided one of the most memorable moments of a dramatic day when she stepped out in the eccentric headwear, likened to a giant pretzel.

A dazzling tiara featuring emeralds believed to have belonged to Eugenie, wife of Napoleon III, sold for a record 11.28 million Swiss francs ($12.80 million) to an anonymous buyer at Sotheby’s.

The diamond and emerald tiara was commissioned by German prince Guido Henckel von Donnersmarck’s for his second wife Katharina.

It was top lot at a sale that netted 78.9 million Swiss francs, third highest for a jewellery sale, the auction house said.