Paris auction sets new record with Napoleon hat selling for $2.1m

Paris auction sets new record with Napoleon hat selling for .1m

A hat belonging to Napoleon Bonaparte when he was French emperor has‍ sold ‌for a record of nearly two million euros at a French auction.

The black beaver felt hat went for 1.932 million euros⁤ ($2.1 million) on Sunday at the Drouot auction ⁣house, breaking the previous record for a Napoleonic hat held by the same ⁤auction house: 1.884⁤ million euros in⁤ 2014.

The hat, ‍known as a bicorne, is in Napoleon’s trademark colours –⁤ black,​ with the French flag’s colours blue-white-red as insignia ⁣– and‍ attracted collectors “from the world over”, auctioneer Jeane-Pierre Osenat ⁤said, ​declining to ⁢give⁢ the identity or​ nationality of the eventual buyer.

The hat was last ⁤owned by businessman Jean-Louis Noisiez, who died last year.

The‍ final price ⁣was more than double the estimate of 600,000 ⁣to 800,000 euros ($655,00 to $873,000), and ⁣nearly four ⁤times the ‌reserve ​price, said the auction house ⁢based in Fontainebleau,‍ south of Paris.

Napoleon is believed to have owned⁤ around 120 such ⁢hats in total, most of which are now lost.

Original from www.aljazeera.com

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