17.6-carat Diamond Is Auctioned For Charity

17.6-carat Diamond Is Auctioned For Charity

Late Dallas billionaire heiress Mary Anne Sammons Cree’s 17.6-carat diamond is being sold for charity according to a Dallas Morning News article. They say,

 

“The jewelry collection from one of Dallas’ wealthiest philanthropists is being sold for charity after Sammons Enterprises heiress Mary Anne Sammons Cree died last year.

 

The collection, which includes a 17.6-carat yellow diamond ring, is expected to fetch more than $1.5 million for the Communities Foundation of Texas.”

 

Proceeds from the sale will go to a fund at the Communities Foundation according to a LuxuryLaunches article which says, 

 

“Proceeds from the sale will go to a fund set up in the name of Cree’s mother at the Communities Foundation. 

 

Remarking on it, Monica Christopher, chief giving and community impact officer for the charity said, “We do get a good number of nontraditional gifts, not cash or stocks. That’s the benefit of working with a foundation like CFT is that you can be creative with how to maximize your donations.””

 

Other pieces in the collection including a few diamond rings, earrings, brooches, etc., will also be put up for auction.

 

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