Tag Archives: auction

The Jewelry Insider

May 1, 2014

Jackie Kenndy’s Emerald Engagement Ring, Photo Credit: www.hammerandgem.com
Celebrate May with this month’s official birthstone – lush green emerald (what else?) Did you know emerald is the symbol of spring? Here are some more fun tid-bits about the gemstone!
       Emerald symbolized hope, rebirth, and the arrival of spring throughout the ancient world.
       Some cultures believed the gem brought its owners love, intelligence, and eloquence.
       Emerald is the gift of choice for couples celebrating their 20th and 35th wedding anniversaries (in case you need to buy any gifts for any upcoming celebrations…hint, hint).

For additional emerald fun facts, visit our emerald gemstone page.

Angelina Jolie with Emerald Earrings, Photo Credit: www.thefashionsection.com
Pining for some similar Jackie O or Angelina Jolie emerald gems of your own? Browse through our emerald jewelry sale.
5/8 ct Emerald and 1/4 ct Diamond Ring in 14K gold
Emerald and Diamond Earrings in 10K Gold
2 1/6 Emerald and White Sapphire Ring in 10K White Gold
Emerald Drop Earrings with Diamonds in Sterling Silver and 14K Gold

Just two days ago, Sotheby’s New York premiered a number of extravagant jewels from the estate of big band/swing singer Eydie Gorme. Almost all of the jewelry in her collection was a gift from husband Steve Lawrence, also her onstage partner. Among the jewels is a 36.53 ct emerald ring set in platinum and 18K gold. Um…can we just hold this ring please?

Any guesses on how much this ring was auctioned off for? A whopping…wait for it…$4,645,000!
Sotheby’s 36.53 ct Emerald Ring, Photo Credit: www.jckonline.com

The Jewelry Insider

October 11, 2013

You know that $60 million you have lying around? Loosen your purse strings, jewelry hounds. We’re going rock shopping.

A rare pink diamond weighing in at a whopping 59.60 carats could fetch a record $60 million or more according to Sotheby’s. The auction house will put this baby on the block November 13th, and the jewelry world is buzzing with excitement.

The “Pink Star” (as the little darling likes to be called) is quite simply the most valuable diamond ever to be offered at auction. Yup. Ever.

“It is full of fire and light. If it sells it will be a record price for any gemstone so far at auction,” David Bennett, chairman of Sotheby’s jewelry division in Europe and the Middle East, told Reuters in Geneva earlier this month.

The current record is held by the “Graff Pink”, a 24.78 carat fancy intense pink diamond bought in 2010 by Laurence Graff for 45.44 million Swiss francs ($45.75 million then).

Click here for my coverage of that piece of pink perfection.

In the meantime, thinking pink is all the rage this month as Breast Cancer Awareness takes center stage. For those of you who like to donate to a worthy cause and look swell doing it, take a gander at these Limited Edition LINKS designer bracelets that include a $25 donation with every purchase to Susan G. Komen for The Cure.

And be sure to check out LINKS on ‘The Talk’ with Sharon Osbourne on October 23rd where they will feature these very bracelets!

 

The Jewelry Insider

March 22, 2011

What do you do with a 30-year collection of precious gemstones? If you’re an anonymous Chinese collector with an affinity for Da Vinci, you create a 100,000-carat replica of the Mona Lisa and put it on display in a local shopping mall.

And you thought The Real Housewives had too much leisure time?

The carat-heavy creation is thought to be the most expensive replica of the masterwork and perhaps the most expensive artwork ever made – taking five years to complete.

While many strange materials have been utilized in the past as the basis for Mona Lisa duplicates – including coffee cups, pieces of toast, motherboard components and even burger grease – jewels and gems are apparently a first.

So what’s the price tag for macked-out Mona? The secretive designer won’t reveal the final number – which is sure to be hefty one if it goes on the auction block later this year.

In the meantime, mall rats can marvel at Mona in between stops at the Shenyang shopping center food court and accessory splurges at Claire’s.

Blue Diamond Rocks The Auction Block

Huge diamond alert! Christie’s held their “Jewels: The New York Sale” yesterday, and the famous Bvlgari Blue Diamond wasn’t just their top seller at a whopping $15.7 million – it broke the price-per- carat barrier to boot!

What a little over-achievor…

“A world record price was achieved on Oct. 20 for The Bulgari Blue, a much-celebrated stone that came up for sale at Christie’s for the first time in almost 40 years,” said Rahul Kadakia, head of jewelry for Christie’s Americas in a release.

The jewel was purchased in Rome in 1972 for $1 million and was given as a gift from the collector to his wife to celebrate their first son’s birth, according to Christie’s. How could I have left $15 million diamonds off my Jewelry Gift Guide for New Moms? The horror.

Do ridiculous diamonds give you ‘the giddys’ too? Scratch the itch with me by gawking at yet another blue beauty – this one fetched more money than any stone at auction. Ever!

Hyperventilating. It’s the world’s worst cologne.

The Jewelry Insider

December 11, 2009


I’ve got one doozy of a ‘lower jaw drop’ alert, jewelry lovers. Christie’s reports that the storied ‘Evening Star’ diamond recently sold for a whopping $5.4 million, the latest in a line of remarkable diamonds to dazzle at auction.

According to a press release, the 39-carat, D color diamond from India’s famed Golconda mines was snatched up by an anonymous buyer, paying $138,000 per carat for the diamond dubbed the “Evening Star” because its previous owner liked to wear it out at night.

How charming for them.

The icy rock was part of Christie’s “Magnificent Jewels from a Distinguished Private Collector” sale, held Thursday in New York.

The sale of the “Evening Star” comes on the heels of the record-setting $10.8 million sale of “The Vivid Pink” diamond Dec. 1 in Hong Kong and the $7.7 million sale of the 32.01-carat D-flawless Annenberg Diamond in October.

“The diamond market continues to show remarkable strength despite the volatility of the financial world,” Rahul Kadakia, head of jewelry at Christie’s New York, said in the release.

Indeed.

My question is: who wears these things in the light of day? Don’t you have to have a body guard brigade following your every move? Or is it something these folks will just keep in a showcase for or a vault somewhere for their own personal enjoyment (which would be a crying shame)?

What would you guys do with a rock that size? Weigh in!

The Jewelry Insider

May 14, 2009


Colored diamonds are coveted by jewelry lovers everywhere, and despite the economic woe affecting the luxury industry, sales for big, rare stones are still going strong.

While nothing can compare to the world’s most expensive blue diamond, The Wittelsbach, which sold to diamond dealer, Laurence Graff, last year for $24.3 million, Sotheby’s just unloaded another blue bauble for a stunning $9.4 million.

“The price achieved is a world record by value per carat. This will certainly increase consumers’ confidence in buying sparkling stones,” said KK Sharma, executive director, Indian Diamond Institute (ID

African miner, Petra Diamonds, unearthed the gem from the Cullinan mine in South Africa, famous for yielding most of the world’s best blue diamonds. The fancy vivid blue gem weighs 7.03 carats and is rated internally flawless by the G.I.A. – high praise for a natural stone.

According to the Natural Colored Diamond Association, only one diamond in 10,000 possesses a natural color so strong that it can be classified as fancy color diamond, with reds and blues being the most rare.

Colored diamond fans who don’t have millions lying around to snatch a natural stone for their own jewelry box, can find more affordable treated diamonds in every color of the rainbow.

Treated colored diamonds are actually natural white diamonds that are subjected to intense heat to give the stones a range of different hues – from black and pink to yellow and blue. And you don’t have to have an auction paddle to snatch one of your very own.

Cure your case of the blues on Jewelry.com, where you can shop for many treated colored diamond styles from the coffers of the retailers you trust.

Then take a look at this video of the real thing. And die a thousand deaths.

The Jewelry Insider

March 24, 2009


If you are in the market for a piece of pop music history, Michael Jackson is having a glorified garage sale of the entire contents of his Neverland Ranch next month, and the loot includes everything from his famous arcade game collection to the actual front gates (Macaulay Caulkin not included).

Julien’s Auctions has been workin’ workin’ day and night to sift through thousands of items from the storied property and found so much MJ memorabilia they had to schedule eight different auctions over the course of four days.

So what’s on the auction block? There’s a jeweled glove collection – including the iconic white glove worn when Jackson moonwalked his way into pop music history. There’s a closet full of those sequined military jackets from the Victory Tour era (sorry, the Beat It Jacket is not among them). And there’s also a disturbing number of lawn sculptures featuring young children.

Oh, Michael.

Over 2,000 items are up for grabs, and the auctioneers hope to bring in as much as $20 million for Jackson, with a portion of the proceeds going to the music industry charity, Musicares.

Lot highlights, including the glove collection and a pair of moonwalk socks, are currently touring major cities worldwide. The main event begins on Wednesday, April 22nd and runs through Saturday April 25th in Beverly Hills.

What would you do if you had a few grand to put in the mix? Would you loosen your purse strings for the moonwalk socks? Or do you think the whole thing is totally ‘off the wall’?

Weigh in!

The Jewelry Insider

December 12, 2008


As you jewelry hounds know, I’ve been tracking the Christie’s auction of the stunning 35.56-carat Wittelsbach blue diamond. The rare blue gem was expected to fetch around $15 million, but global economic woes and recent jewelry auction disappointments put the estimated figure in jeopardy, to say the least.

The 17th-century stone was originally given to Infanta Margarita Teresa by her father King Philip IV of Spain on the occasion of her engagement to her uncle, Leopold I of Austria. The diamond remained in royal custody for over 300 years until it found its way into a private collection, where it has remained since 1964.

So what did the historic diamond go for? How about a record-setting $24.3 million! Recession? What recession?

“In the midst of these challenging times, we were thrilled to achieve an historic price for an historic diamond,” said Francois Curiel, chairman of Christie’s Europe and auctioneer for Wednesday’s sale.

The previous sales record was a mere $16.5 million for a 100-carat diamond in 1995.

International jeweler Laurence Graff was the wealthy winner on Wednesday, Christies said in a release. Graff was bidding against Aleks Paul of Essex Global Trading, a professional of Russian origin based in New York.

What on earth will Graff do with the dazzling diamond? According to Bloomberg news, Graff’s son, Francois, said they care less about the historical provenance of the stone and more about its unique diamond properties.

“We’re looking at the stone for what the stone is.” Graff Diamonds will re-cut the diamond with the intention of making the slightly chipped stone flawless and a deeper color, he said: “We’ll lose a few carats, but nothing too substantial.”

What’s a few carats between friends, really…

The Jewelry Insider

September 20, 2008

It’s rough being the world’s richest supermodel. Diamonds are thrown at your feet, gemstones are bestowed upon you like royalty, and big name actors woo you with bling that would make even a pirate blush. What to do with the clutter? What any sensible, rich, criminally gorgeous woman would do. Get rid of it.

Brazilian beauty, Gisele Bundchen, is streamlining her treasure chest by auctioning thousands of dollars worth of glittering jewels in the Christie’s Jewels: The New York Sale scheduled for October 15th. Tom Brady’s significant other will be selling a 3.35 carat colored Sabbadini diamond ring expected to fetch between $15,000 to $20,000. She is also unloading a six carat diamond pendant necklace worth between $120,000 to $150,000.

The supermodel, who formerly dated actor Leonardo DiCaprio, has not officially revealed who gave her the lavish leftovers she’s shedding, but we’re thinking old Leo’s King of the World days are decidedly over. There’s nowhere to go but down, quite frankly.

People reports that a portion of the auction proceeds will go to the Russell Simmons co-founded charity Diamond Empowerment Fund, which provides educational funding to diamond-producing countries in Africa.

For a look at all the yummy baubles up for sale, including the largest stone in the auction, weighing 102 carats and costing an estimated $4 million, click here.

The Jewelry Insider

July 24, 2008

Hip Hop isn’t going mainstream – it’s gone mainstream. And now, it’s going upstream. No longer the domain of urban angst, Hip Hop has entered the echelons of high-society parlours. In this case, some of the most blinged out bling from the genre’s stars is going under the hammer at tony auctioneers, Phillips de Pury.
Among the lots of diamonds, gems, rings and pimped out pendants is a jeweled Rolex watch worn by Notorious B.I.G., Lil’ Wayne’s jeweled Money Bag pendant and Biz Markie’s Headphone Necklace. The sale isn’t though only about weighing down the jewelry boxes of well-heeled doyennes, proceeds from the sale of select items will benefit the National Museum of American History’s new “Hip-Hop Won’t Stop” collection.
The auction’s going down on October 1st but you can get a sneak preview of the rappers’ jewels between September 23-30 at the auction house’s Chelsea headquarters.