They say jewelry is a bad investment but it depends on what you buy. Calvin Klein, who bought jewels belonging to the Duchess of Windsor for Kelly Klein made quite a return on his investment. The collection of natural pearls the couple put up for sale brought in $4.82 million, far above the $3.1 million high estimate. I hope whoever bought it wears it, wearing pearls helps them keep their luster.

The jewels were part of the Sotheby`s Magnificent Jewels auction in New York Tuesday in which 366 lots went for a total for $48.827 million. Other expensive pieces included a pair of Harry Winston diamond pendant-earrings that sold for $3.961 million and a pear-shaped 32.16 carat Harry Winston diamond ring which went for $3.289 million. The Jewels for the Jungle auction also did well bringing in a total of $1.181 million for the World Wide Fund for Nature.