PARIS Couture costume jewelry made with faux gems and inexpensive metals but from the likes of Chanel, Yves Saint Laurent, Christian Dior and other top fashion houses is having a moment at auction.In September, when a pair of clip pendant earrings made by Lina Baretti for Chanel in 1948 came up for sale at the Paris auction house Le Brech & Associes, the high estimate was just 300 euros ($310) because they were only gold-finish metal and cannetille, a kind of fine wire threadwork, and set with faceted glass and strass, or faux gems.
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