Napoleon hat fetches record $2.1m at Paris auction

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A hat belonging to Napoleon Bonaparte when he was French emperor has sold for a record of nearly two million euros at a French auction.

The black beaver felt hat went for 1.932 million euros ($2.1 million) on Sunday at the Drouot auction house, breaking the previous record for a Napoleonic hat held by the same auction house: 1.884 million euros in 2014.

The hat, known as a bicorne, is in Napoleon’s trademark colours – black, with the French flag’s colours blue-white-red as insignia – and attracted collectors “from the world over”, auctioneer Jeane-Pierre Osenat said, declining to give the identity or nationality of the eventual buyer.

The hat was last owned by businessman Jean-Louis Noisiez, who died last year.

The final price was more than double the estimate of 600,000 to 800,000 euros ($655,00 to $873,000), and nearly four times the reserve price, said the auction house based in Fontainebleau, south of Paris.

Napoleon is believed to have owned around 120 such hats in total, most of which are now lost.

Napoleon wore the felt hat towards the middle of his time as emperor, which lasted from 1808 to 1815, according to the auction house.

He was exiled in 1815 after losing the battle against British and Prussian forces at Waterloo and died in 1821 on the island of Saint Helena in the Atlantic Ocean.

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