Piguet Auction of King Umberto II's Chivalry Orders Achieves Triple Estimate Results

The Piguet auction house conducted a significant sale of chivalry orders and decorations previously owned by King Umberto II. The event took place in Geneva, Switzerland, attracting substantial international attention. All 44 lots offered were sold, achieving total proceeds of CHF 1.2 million, which was three times the pre-sale expectations. Bidders from 27 countries participated, with 2,000 visitors attending the three-day public exhibition. These items are notable for their historical significance in diplomatic relations and their high-quality craftsmanship using precious materials.