A selection of Art Deco jewelry belonging to the deceased Irish-American millionaire Huguette Clark is expected to fetch over $10 million when it goes under the hammer in New York City.

The New York Post reports the collection contains signed pieces by Cartier and Tiffany, includes a  rare 9-carat pink diamond ring and a 20-carat D-color diamond ring. These two items are expected to see for around  $7 million and $2.5 million. The items are to be auctioned on April 17 in New York.

"This is truly a fairytale collection," said Rahul Kadakia, Christie's Americas head of jewellery, in announcing the sale.

According to Christies, the jewelry has been stored in a bank vault since the 1940s.
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It was an extraordinary moment "opening the vault to find this treasure trove of period jewels from the best French houses of the early 1900s."

"The iconic Art Deco design and exceptional craftsmanship of these meticulously preserved jewels are emblematic of the great Gilded Age in American history," he added.

Clark who died at 104, was heir to a copper, timber and railroad fortune. A recluse who never had children, she lived shunned the lime-lite in her later life before she passed away in January 2011.

Irish-American millionaire Huguette ClarkGoogle Images