Napoleon's hat sells for over $2M at auction in France
Bicorne hat was the centerpiece of the auction showcasing Napoleonic memorabilia
A hat once worn by Napoleon Bonaparte sold for over $2 million at auction.
The iconic bicorne hat, faded and damaged over the centuries, sold for 1.5 million Euros (approximately U.S. $1,641,700) on Sunday amid sales of the French emperor's other belongings.
‘’We are at 1.5 million (euros) for Napoleon’s hat ... for this major symbol of the Napoleonic epoch,'' announced Jean Pierre Osenat, president of the Osenat auction house, at the completion of the auction.
The winner of the Osenate auction remains anonymous and will be forced to pay a 28.8% commission fee, bringing the total cost of the hat to approximately $2.1 million.
Raphael Pitchal, left, and Jean Christophe Chataignier of Osenat's auction house remove the protective glass covering one of the signature broad, black hats that Napoléon wore when he ruled 19th century France. (AP Photo/Christophe Ena / AP Newsroom)
The final sale price shattered expectations after the hat was initially valued at approximately $650,000 to $870,000 ahead of the auction.
Auctioneers say the hat was first documented in the possession of Col. Pierre Baillon, who served as a quartermaster under Napoleon.
A visitor watches one of the signature broad, black hats that Napoléon wore when he ruled 19th century France and waged war in Europe on display at Osenat's auction house in Fontainebleau, south of Paris, Friday, Nov. 17, 2023. (AP Photo/Christophe Ena / AP Images)
After changing hands several times, the hat was purchased by collector Jean-Louis Noisiez, who gathered an extensive stockpile of Napoleon militaria over the course of his life.
Noisiez died in 2022, and curators began preparing his collection for auction.
Other notable items at the sale included Napoleonic swords, coins and firearms.
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The bicorne hat is displayed at Osenat's auction house in Fontainebleau, south of Paris. It was purchased for $2.1 million by an anonymous collector. (AP Photo/Christophe Ena / AP Newsroom)
The auction took place in Fontainebleau, France. The tiny commune is approximately 35 miles south of the center of Paris.
Napoleon served as First Consul of the French Republic from 1799 to 1804 before declaring himself Emperor of the French.
He ruled the French Empire from 1804 until 1814 and then again briefly in 1815. He was ultimately banished to the island of St. Helena, where he died.