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Basinger to sell gems to aid animals

Kim Basinger will auction off a 3.7-carat diamond ring, with the money going to help retired circus animals.
/ Source: Reuters

Actress Kim Basinger will auction off her 3.7-carat diamond engagement ring from ex-husband Alec Baldwin and other jewelry next week to raise money for retired circus animals, Christie’s said Wednesday.

The ring, a simple but elegant bauble in a modern Tiffany setting, was put on display with the other jewels on Wednesday and is expected to fetch between $30,000 and $40,000.

Christie’s estimated that the 11 pieces of jewelry on offer could raise $100,000 for The Performing Animal Welfare Society, a California group that runs a refuge for abused, retired and surplus elephants, lions, bears and other captive wildlife.

The sale also includes an $8,000 to $10,000 multi-gem necklace with a butterfly motif that was another gift from Baldwin, whose nine-year marriage to Basinger ended in 2002.

The other most noteworthy item is a diamond bracelet in the Art Deco style, estimated to be worth $25,000 to $35,000.

The least expensive item offered by Academy Award winner Basinger, a long-time animal rights activist, is a pair of gold Cartier earrings, valued at $800 to $1,200.