Elihu Yale's name is famous for the great educational institution, Yale
University, of which he was an early benefactor. He made his fortune in
India, mostly through trading in diamonds. Arriving in Madras in 1672,
through his outstanding abilities he rose through the hierarchy of the
East India Company settlement from clerk to governor. When he returned
to London in 1699 he brought with him Indian gems, furniture, and
textiles, and proceeded to amass a collection of some ten thousand
items, dispersed at seven auction sales after his death in 1721. The
catalogs of these sales survive, providing information about the lively
London art market. Hitherto neglected by historians, the Yale sales
prove to be a landmark in the history both of collecting and of
auctioning art in early 18th-century England.
The authors explore Elihu Yale's life and interests, and then turn to a
study of Yale as a dealer (particularly of gems) and a collector of
diamonds and jewelry, works of art, furniture, books, and other
objects--some of which are now at Yale University, and some in national
collections around Britain.