August 12, 2008

Phillips de Pury & Company to auction Hip Hop's Crown Jewels

Contemporary art and Onassis heirlooms always equal auction gold, but come October 1, Phillips de Pury & Co. is betting on the bling. In an auction entitled Hip Hop's Crown Jewels, around 50 iconic pieces worn by major stars will go on the block. Jewels sported by 50 Cent, Biz Markie, MC Lyte, Kanye West and the late Notorious B.I.G and Tupac Shakur are expected to spark a bidding frenzy. Key items include Missy Elliot's diamond, black diamond and gold turntable ring, Biz Markie's black and white diamond headphones pendant, Sean "Diddy" Combs' princess and baguette cut diamond and platinum bracelet and Pharrell Williams' Gucci link necklace dipped in multicolored pave diamonds. Signature hallmarks like Slick Rick's multicolor diamond-set eye patch and Lil' Jon's diamond and yellow diamond "Crunk Ain't Dead" pendant will also be up for grabs.

A portion of proceeds from the sale will benefit Russell Simmons' Rush Philanthropic Arts Foundation, the Hip Hop Summit Action Network and the Diamond Empowerment Fund.

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