Someone offered twenty thousand francs, which
was received with much laughter; then the bidding went steadily on
until it reached nine hundred thousand francs, which I knew to be less
than half the reserve the Government had placed upon the necklace. The
contest advanced more slowly until the million and a half was touched,
and there it hung fire for a time, while the auctioneer remarked that
this sum did not equal that which the maker of the necklace had been
finally forced to accept for it. After another pause he added that, as
the reserve was not exceeded, the necklace would be withdrawn, and
probably never again offered for sale. He therefore urged those who
were holding back to make their bids now. At this the contest livened
until the sum of two million three hundred thousand francs had been
offered, and now I knew the necklace would be sold. Nearing the three
million mark the competition thinned down to a few dealers from
Hamburg and the Marquis of Warlingham, from England, when a voice that
had not yet been heard in the auction room was lifted in a tone of
some impatience:--
'One million dollars!'
There was an instant hush, followed by the scribbling of pencils, as
each person present reduced the sum to its equivalent in his own
currency--pounds for the English, francs for the French, marks for the
German, and so on.
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