Sir Elton's 'J' brooch goes on sale (From Croydon Guardian)

Sir Elton's 'J' brooch goes on sale

10:38pm Tuesday 26th August 2008 in

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A sapphire and diamond brooch once owned by Sir Elton John is expected to fetch more than £12,000 at auction.

The Art Deco jewelled brooch was created in 1935 and designed in the form of the initial 'J'.

A photograph accompanying the precious item shows Sir Elton wearing it while filming the video for I Don't Wanna Go On With You Like That.

The brooch contains five oval-cut sapphires and a bombe cluster of circular-cut sapphires.

The London Sale of Fine Jewellery at Bonhams will also feature a single-stone ring by De Beers, expected to fetch £320,000.

The auction house's UK director of jewellery Jean Ghika said: "With the current economic uncertainty and the world gold price at a record high, many investors are turning away from stocks and shares to more tangible commodities such as high quality jewellery."

The London Sale of Fine Jewellery takes place on September 25.