Shirley Temple's Diamond Ring Fails To Sell

A rare blue diamond ring which once belonged to Shirley Temple, has failed to sell at auction where it had been estimated to fetch up to $35m.

The Sotheby's auction for the Fancy Deep Blue Diamond ring, purchased by Temple's father for $7,210 in 1940 around the time of the actress' 12th birthday, opened bidding at $19m and closed at $22m, which was below the ring's reserve price.

"The Shirley Temple Blue Diamond is an exceptional stone in quality, rarity and provenance. It has been an honor to share its story with collectors, connoisseurs and Temple's loyal fans over the past few months," Sotheby's said in a statement.

"Unfortunately, tonight wasn't its night in the salesroom, but we remain fully confident that it will find a buyer."

The ring was the highlight at Sotheby's Magnificent Jewels sale, which fetched nearly $30m across more than 300 lots.

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   Gallery: Hollywood Darling Shirley Temple

   Shirley Temple on her climbing frame at home, aged around five

Temple won a special juvenile Oscar for her role in Bright Eyes in 1934

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