This Summer’s Unmissable Exhibitions

Posted on May 28, 2025May 29, 2025 by Ashley Crawford, Fiona Hamilton, Jenny Knott, Liz Bailey, Richard Fattorini, Stephanie Connell and Ben Hanly

Our team of specialists have picked the unmissable exhibitions from Summer ’25. Looking to fill those long summer days with fine art, culture and exquisite jewels? We are on hand to direct you to some of this summer’s must-see events and finest works on display.

Ashley Crawford, Asian Art Fair

The Treasure House Fair, Royal Hospital Chelsea, running from 26 June – 1 July 2025.

“I’m looking forward to attending the Treasure House fair in Chelsea this June, which is the successor to the long popular Masterpiece Fair. There is an electric mixture of fine and decorative arts from all over the world, and, of course, the food can’t be beat!”

Fiona Hamilton, Silver Specialist

Royal Scottish Academy Annual Exhibition, Edinburgh, 3rd May until 8th June.

“A must see in the Edinburgh art calendar is the RSA Annual Exhibition. Now in its 199th year the largest and longest running annual exhibition of art and architecture in Scotland showcases a fantastic variety of work, there really is something for everyone! For a post exhibition refreshment why not visit the fascinating Edinburgh Gin Bar and Distillery in the city centre!”

Siena: The Rise of Painting, 1300-1350, National Gallery, London, running until 22nd June 2025.

“The Siena exhibition at the National Gallery looks wonderful. It’s about painting in Siena, Italy between 1300 and 1350 and how that period and the numerous artists working in Siena at the time, was not only hugely important in its own right, but went on to shape so much that followed, not only in painting but also other artistic mediums.”

Jenny Knott, Silver Specialist

Edwardians: Age of Elegance, The King’s Gallery, Buckingham Palace, running until 23rd November 2025.

“Showcasing more than 300 objects from the Royal Collection dating from 1863 to 1918, the Edwardians: Age of Elegance exhibition promises opulence and glamour! Featuring works by the most renowned artists of the period, including Carl Fabergé, Frederic Leighton, Edward Burne-Jones, Rosa Bonheur, John Singer Sargent and William Morris, this exhibition features a range of jewellery, works of art, paintings, books, and many more. Highlights include the Dagmar Necklace of 1863, an elaborate diamond, pearl and enamel necklace that was a wedding gift to Alexandra from Frederik VII of Denmark.”

Cartier, Victoria & Albert Museum, London, running until 16th November 2025.

“How could we not feature the hotly anticipated Cartier exhibition at the V&A! Featuring over 350 pieces including jewellery, watches, clocks and historic gemstones, this is a rare chance to see pieces from the span of Cartier’s history. Exhibiting many pieces from private collections and amassing plenty of five-star reviews already, this certainly is my pick of the bunch for exhibitions this year – and I can’t wait to attend!”

Liz Bailey, Jewellery, Silver & Watch Specialist

Cartier Style, a talk by Helen Molesworth & Pierre Rainero, Victoria & Albert Museum, London, Thursday 5th June, 7pm

“I am looking forward to attending this talk by my former colleague Helen Molesworth, now the V&A Senior Curator of Jewellery and Image, with Pierre Rainero, Style and Heritage Director of Cartier.”

“As the Image, Style and Heritage Director of Cartier for more than two decades, Pierre Rainero is responsible for overseeing and preserving the aesthetic integrity of the Maison, ensuring seamless integration of innovation and legacy with each new piece. Join him in conversation with V&A Senior Curator of Jewellery Helen Molesworth for an exploration of the evolution of Cartier’s style over its storied history to contemporary designs, discussing the links that unite past, present and future production.” V&A

Richard Fattorini, Rare Books & Manuscripts, Historical Photographs and Maps Specialist

Josephine Bowes: Trendsetters and Trailblazers at the Bowes Museum co. Durham. Ends 29 June.

“I am fascinated to see how Josephine Bowes sought to establish the fantastic collection which now forms the Bowes Museum. It is rare for a woman to have formed such a collection during this period and she sought to buy examples from a wide range of disciplines and artists.”

Stephanie Connell, Senior Valuer & Collectors Specialist

Siena: The Rise of Painting, 1300 - 1350, National Gallery,Until 22 June 2025

Goya to Impressionism: Masterpieces form the Oskar Reinhart Collection, Courtauld Gallery, Until 26th May

Leigh Bowery!, Tate Modern, Until 31st August

Antony Gormley: WITNESS. Early Lead Works, White Cube, Mason’s Yard, Until 8th June

David Hockney: Bigger & Closer (not smaller & further away) Lewis Cubitt Square and Lightroom entrance, King’s Cross, Until 29th June

“This summer, I’m particularly looking forward to a mix of historic and contemporary shows across London. Goya to Impressionism at the Courtauld brings together highlights from the Oskar Reinhart Collection, offering a rare opportunity to see these works in the UK. Leigh Bowery! at Tate Modern promises to be bold, challenging and visually striking. Antony Gormley’s early lead sculptures at White Cube should offer something raw and introspective. And I’ll definitely be catching Hockney’s immersive digital show in King’s Cross – it’s ambitious in scale and packed with colour and movement.”

Stephanie Connell, Senior Valuer & Collectors Specialist

Whether your summer takes you north to Edinburgh or keeps you in the capital, there’s no shortage of exceptional exhibitions to explore. From Renaissance masterpieces to bold contemporary installations, this season’s line-up is a reminder of the richness and range of the art world. We hope you get the chance to see something that stays with you long after the summer ends.

Alan Gard (1936–2025): Celebrating a Legacy of Innovation in British Jewellery

Posted on April 23, 2025May 21, 2025 by Liz Bailey

The jewellery industry was saddened to learn of the death of one of the great mid-century British jewellers, Alan Gard. Alan Martin Gard apprenticed at Bond Street and worked for Andrew Grima, before forming his own jewellery business in 1964 at the age of 29.

Working in the 1960s and with contemporaries such as John Donald, David Thomas and Gillian Packard, Gard was a key part of the experimentation and exuberance of the British ‘jewellery renaissance.’ During this decade, jewellers disrupted conventional design and the austerity of the decades before, with experimentation in goldsmithing, statement pieces, gemstone setting and sculptural forms. Gard continued to work until the 21^st century, adapting and refining his style with his own take on contemporary design, however it is the experimental pieces from the 1960s and the earlier portion of his career in which he gained his fame that are the most distinctive.

Gaining well-deserved repute for his skill and eye, Gard’s work soon achieved royal acclaim. His Lilypad brooch of 1967 was in Princess Margaret’s collection and was sold at Christie’s legendary sale of her jewels in 2006 for £10,200.

More recently, in September 2023, at the age of 87 he was commissioned by the author Jeffrey Archer to recreate the Imperial State Crown for his novel Traitors Gate – it took Gard 500 hours to complete and was a complete replica, formed from a base metal alloy, cultured pearls, synthetic stones and glass stones – a true testament to his craftsmanship.

Textured Gold

Experimenting with the forms, malleability and limitations of gold in the 1960s, Gard created wonderfully textured pieces, working with bark-like textures, nests of gold, rods, nugget-like forms, polished accents and maze-like structures to name a few. Most frequently working in 18ct yellow gold, it is these pieces that purist collectors’ favour.

Stunning Sculptural Forms

Alan Gard created bold, sculptural, and statement pieces. Often wonderfully dimensional and formed from layers and nests of gold, these jewels are so typical of their time and yet can appear incredibly modern and fresh today. The suite below crafted with a flattened, pierced and abstract design, is set with fifty-one ruby cabochons and sold at Bonhams in 2016 for £17,500.

Celebrating Gemstones

Another of Gard’s design hallmarks is the sparing use of diamonds. They are frequently used as small accents to add a slight sparkle to dramatic gold settings but are hardly ever the principal stone. Instead, Gard favoured coloured gemstones, and natural crystal forms with unpolished rough specimens, and where polished he showcased gemstone’s natural inclusions and conventional ‘imperfections.’ One such example is the pink tourmaline ring above, in which the tourmaline’s prevalent needle-like inclusions provide a symmetry to the gold needle ‘nest’ surround.

Another example of tourmaline in Gard’s work is shown in this brooch dating to 1967. Here he celebrates the natural form of tourmaline, using wonderful ‘watermelon’ slices of the natural crystal as the centrepiece of his design.

Other rough and polished gems to feature in his jewels include amethyst, peridot, ruby, emerald, turquoise, aquamarine, pearl, opal and countless others.

To arrange a jewellery valuation, call us on 01883 722736 or email us at [email protected]

Rowing in Style: CHANEL Brings Luxury to The Boat Race

Posted on April 10, 2025April 10, 2025 by Aurélia Turrall

This year’s long awaited boat race will take place on Sunday 13 April along the 4.25 miles between Putney and Mortlake and sees the teams of Oxford and Cambridge compete in this much beloved sporting event, established in 1829.

So why is a jewellery specialist reporting on this particular sporting event?

That’s because this year, the event, which is attended by over 250,000 spectators on the riverbank, watched on live television by millions and broadcast on the BBC, is sponsored by Chanel and will be known as The CHANEL J12 Boat Race.

“On behalf of the wider Boat Race community, we are so thrilled to welcome CHANEL as our new Title Sponsor.

We knew when we first met, on June 10 – the same date as the first ever Boat Race in 1829 – that they understood the appeal of our event and we’re very confident that their involvement will help us take the event to new places and new people, as well as enhancing it for our millions of existing followers.” Says Siobhan Cassidy, Chair of The Boat Race Company Ltd.

But why J12? The Chanel J12 is a unisex watch launched in 2000 by the luxury brand Chanel. It comes in white, black, with or without diamonds, and is mounted in ceramic and usually ranges in between £3,000 and £16,600.

The below J12 retails for £5,000 and is one of my personal favourites. Dress it up or down, it suits every occasion, well almost!

The diamond-set version retails for £16,600 and is also mounted in ceramic and stainless steel.

The name of the collection was inspired by the early 20^th century J Class 12-metre race boats.

Gabrielle Chanel, aka Coco Chanel, was an avid sportswoman. And most clothes of early 20^th century were rather restrictive. Stepping away from the Belle Epoque era with swags and flowers, jewels mounted en tremblant, Coco Chanel was one of the pioneers of short hair “à la garçonne” worn with stylish suits. New textured and fashion styles allowed women to dress as they choose to, with more freedom to enjoy the sports they wanted to such as cycling and horse riding. Newfound freedom, giving women a more masculine but still sexy look.

It is at the same time that Cartier had created the wristwatch, the Santos-Dumont. No more cumbersome watch chains and pocket watches. A simple turn of the wrist and voilà!

But for this event it is Chanel leading the way, rather than Cartier. Perhaps more synonymous of polo events and other horse related sports.

The President of CHANEL Watches & Fine Jewellery, Frédéric Grangié says “We are delighted to sign a strategic partnership with The Boat Race who share the same values of collective endeavour and the pursuit of excellence. It’s an honour to be the first ever official timekeeper in the race’s 195-year history to simultaneously become Title Sponsor and principal Partner.

“Synchronicity in rowing is as crucial to the race as watchmaking craftsmanship to ensure accurate timing. Every rower, like every mechanism in a watch, must work together as one; the balance, the weight and the oar movements must all be impeccably timed.

“We look forward to working with The Boat Race over the coming years to bring this partnership to life, through the world of CHANEL and our iconic J12 watches.”

For the last 25 years the J12 has not disappointed its clientèle and Chanel has adapted new styles and versions of this now iconic watch. The key to success is indeed reinvention. Such as their Premiere collection which has seen many tweaks over the years since its launch in 1987.

The below watch mounted in stainless steel retails for £4,400 and is a classic.

But Chanel launched in 2024 a version of the watch with headphones integrated: the Premiere Sound H10166. It retails for £12,600.

Innovation, reinvention and… quality. Those trademarks are key to Chanel and they have once again proven why they are a leading luxury brand.

We wish the teams best of luck!

Van Cleef & Arpels’ Tribute to Paris, the City of Pearls

Posted on April 3, 2025April 2, 2025 by Liz Bailey

Last month, jewellery specialist Liz Bailey visited the ‘Paris – City of Pearls’ Exhibition hosted by Van Cleef & Arpels L’Ecole School of Jewellery Arts. Held at the Hôtel de Mercy-Argenteau, nestled in a busy Parisian boulevard, VCA’s L’Ecole hosts regular lectures and exhibitions. Running until June of this year is this wonderful exhibition, documenting Paris’ unique position as the undisputed European ‘City of Pearls.’

Featuring pieces from France’s Third Republic onwards, the exhibition traces the exciting period from the late 1860s when many pearls found their way to the most prestigious jewellers in Paris on the Place Vendome and Rue de la Paix from the Arab and Persian Gulf. These great jewellers avidly sought out the finest pearls to adorn the aristocratic elite.

Examples from the French Art Nouveau are also on display from Vever, Fouquet and Lalique. These pieces differed drastically from their Belle Epoque contemporaries that opted for small, uniform pink pearls from the Gulf. These creative pieces instead displayed the beautiful free forms of baroque and Mississippi pearls, with these designers frequently favouring their unusual shapes and colours, as well as their comparable availability! A personal highlight was this stunning corsage ornament dating to circa 1900 by Henry Vever, designed as a wonderful sprawling flower, the petals in the form of Mississippi pearls with diamond centres and stems, and breathtaking plique-a-jour enamel foliage.

During the height of ‘pearl-mania’ in the early 20^th century, Cartier was certainly one of the jewellers that created the most exquisite pieces, in jewellery and even watches. This exhibition displayed two beautiful Cartier bracelet watches, each with platinum cases and set with natural pearls to the crown, lugs and bracelet. It was in America however that the value of pearls reached its highest point, and in 1917 Jacques’ brother Pierre notoriously acquired his mansion on New York’s Fifth Avenue, acquired in exchange for a double strand pearl necklace.

The 1920s saw the Parisian fashion for pearls extend across the media, with these biogenic gems everywhere, from opera to cinema, literature posters and magazines. The International Exhibition of Modern Decorative and Industrial Arts showcased some of the most spectacular designs of the time and was the impetus for some breathtaking Art Deco pearl jewellery. Whilst the fresh arrival of the cultured pearl from Japan was a part of the public consciousness at this time, “for a while the demand for the natural pearl continued to increase,” only weakened by the economic crisis of 1929 and further with World War II.

Post-war pieces in the exhibition included both cultured and natural pearl pieces, representative of the growth in popularity of cultured pearl jewellery from this point onwards, with many Parisian merchants such as the Rosenthals even moving to Tahiti to reorient their business around the region’s black pearls. Strict trading agreements and initiatives are in place between France and the Gulf region to ensure the sustainability and success of the pearl.

Contemporary pieces on display include the iconic JAR sheep’s head clip, created by the infamously mysterious Parisian jeweller in 2006, and sold at Christies Paris in 2021 for €500,000. Another breathtaking jewel was a the ‘Cadeau Imperial’, a natural pearl, mystery-set ruby and diamond multi strand collar necklace, dating to 2011.

From the sky-high value of pearls during the early 20^th century ‘pearl-mania,’ to the post-war cooling of prices and influx of cultured pearls onto the market, the values of pearls, as with any commodity, are subject to rise and fall. In the last year, we have seen a strengthening in prices for designer cultured pearl pieces, and a continued buoyancy for natural pearl pieces. To ensure your pearls are adequately covered, contact our team today for a specialist valuation.

L’Ecole School of Jewellery Arts was founded in 2012 with support from Van Cleef & Arpels, with schools in Paris, Hong Kong, Shanghai, Dubai and other locations. Created to make jewellery accessible to all and running a fantastic array of exhibitions, courses, podcasts and programmes, L’Ecole is certainly an organisation to be on any jewellery enthusiast’s radar! Paris City of Pearls will run until June of this year.

Holding it all together: The Key to Keeping Jewellery Secure

Posted on March 27, 2025April 2, 2025 by Jenny Knott

Eagle eyed observers at the Commonwealth Service on 11th March this year, noticed that something was absent from The Princess of Wales’ otherwise immaculate and eye-catching ensemble.

One tiny diamond was missing from the drop pearl and diamond earrings that she was wearing. These earrings had been gifted to Princess Diana by Collingwoods. They were a favourite of Diana and are now much loved by Princess Catherine. Few jewellery collections are better maintained than those of the Royal family, yet this event shows that accidents can happen to even the best cared for jewels. For those of us without entourages to look after these things, we need to be even more vigilant about our jewellery.

Buying, acquiring or even inheriting jewellery can be so wonderfully exciting that when picking out the perfect necklace, earrings, bracelet or ring, the last thing that most people consider is the clasp, catch or claws. However, we should give these much more attention, as this is that will keep those much prized stones in place, or even keep the necklace or bracelet around your neck or wrist. I write as someone who found a much loved chain link bracelet in an umbrella stand when it had broken as I took a coat off and inadvertently flung the bracelet into this receptacle. The discovery was several years after I thought I had lost it forever; not all mishaps end so well.

As heart-breaking as it is to discover your jewellery has been lost or damaged, it will add insult to injury to then be told that your insurance policy does not cover you. Jewellery insurance typically covers damage, theft, or loss, but whether it specifically covers clasps and settings depends on the terms of the policy. Many policies state that claws and clasps must be regularly checked by an expert and this, along with valuations, are often able to highlight possible problems before they become a disaster.

Things of which to be mindful include:

Remember that gold is a soft material, the higher the carat of gold the softer it is, therefore claws on rings are susceptible to wearing down, or catching on threads of clothes and peeling back.
Clasps on necklaces can suffer loss of their spring mechanism.
Links in a bracelet can wear and become thin, as can the shanks on rings, especially when worn stacked with other rings. Shanks can split.
Pearls and bead necklaces should always be knotted so stop beads spilling everywhere if broken. Knotted necklaces should be checked regularly, especially if they are frequently worn.

There are some easy ways to help mitigate against the chance of accidental damage or loss.

Rings:

Claws do not necessarily need to be replaced; they can often be retipped.

Clasps:

Clasps are critical to ensure that jewellery stays in place. There are many choices of clasps. The jump ring or spring ring clasp. This is the most common and consists of a metal jump ring with a spring loaded mechanism which opens and closes with applied pressure. The lobster claw clasp, which works in a similar way to the jump ring clasp but are often larger. Both work well unless the spring mechanisms fail. Antique necklaces often have box clasps, which have a tab or prong which fits into the ‘box’ and snaps into place. These work well as long as the fit stays tight.

Safety chains:

These are small chains attached to jewellery which add an extra level of additional security to prevent loss. On bracelets and necklaces, a safety chain will join the ends should the clasp fail. On a brooch it is often attached to a small pin which is to be used in tandem with the main brooch pin.

Earring backs:

Unless your earrings have integral fittings I think the safest fittings are alpha backs. You can see from the diagram that the posts are notched, and the spring clasps ensure that they can’t come away. If you have earrings with a shepherd’s crook fitting, which are common with antique pendant earrings, you can add an extra level of security with a plastic stopper.

As the Princess of Wales images proves accidents do happen but reducing the chances of mishaps might save your precious jewellery. Precious does not just apply to value, sentimental attachment can be far more emotive than actual cost.

The three crucial steps are:

Have clasps, claws and settings regularly checked by an expert, especially if after checking your policy your insurance is predicated on this as a requirement.
Repair and replace broken, elements in your jewellery and regularly restring necklaces.
Buy clasps, safety chains and earring backs that are best suited to the security of your jewellery.

TEFAF Maastricht: The Jewellery & Watches That Stole the Show

Posted on March 20, 2025March 20, 2025 by Liz Bailey

The European Fine Art Foundation, or TEFAF was founded in 1988, and holds two major international fairs per year, the TEFAF New York, covering Modern and Contemporary Art and Design, as well as its flagship event, the TEFAF Maastricht, which ran from 15^th-20^th March this year.

TEFAF Maastricht showcases 7,000 years of art history and provides international dealers and collectors with the opportunity to present and acquire fine and museum quality works, including paintings, sculpture, furniture, collectables, books, and of course – fine jewellery and watches.

If, like me, you have missed your first-class ticket to New York this week, here are my ‘top picks’ of the pieces on display at this year’s fair.

Surely one of the jewellery ‘headliners’ at this year’s fair is of course Van Cleef & Arpels, who were exhibiting around 30 pieces available to purchase from their heritage collection. A collection I would personally love to see, the selected pieces reflect the maison’s impact and excellence in 20^th century jewellery design.

The Orsay Bracelet, a platinum ruby and diamond bangle with VCA’s signature ‘mystery setting’ – an innovation in the 1930s of setting stones with seemingly no metal holding them in place – and a brand hallmark that continues into present collections. This bangle dates from 1994.

Another masterpiece on display is a platinum, turquoise and diamond necklace from the 1950s. Dating to circa 1955, this exquisite piece reflects the brand’s appreciation for jewellery history, decorated with floral garlands and a graduated design, and of course fine turquoise drops.

Epoque Fine Jewels from Belgium were also at the fair, exhibiting an incredible Art Nouveau gold, diamond, enamel and glass choker by René Lalique. Dating to circa 1905, this exceptional choker necklace is interspersed with Lalique’s wonderful glass panels moulded with thistle flowers and accented beautifully with a rich yellow gold setting, brown enamel border and sparkling diamond detailing. This was a real treat to see in person!

Contemporary jewels to really catch my eye from the fair are on offer from Hemmerle, Feng J and Margot Mckinney. Hemmerle are previewing a pair of beautifully naturalistic pinecone earrings cast in copper and white gold, and accented with natural pearls and diamonds. Meanwhile, Australian fourth generation jeweller Margot McKinney has a typically vibrant, vivid and colourful collection of jewels that encompass a wonderful exuberance and joy- it is hard to pick a favourite!

Somlo London of Burlington Arcade have on display two beautiful Patek Philippe pocket watches, each exceptional in their own right, with an option for him and for her.

The first is an 18ct gold Perpetual Calendar hunter pocket watch with equation of time. This fine timepiece dates to 1982, and is double stamped with Patek Philippe, and the retailer of the piece, Beyer of Zurich. A sophisticated, and complicated timepiece, this watch displays the difference between mean solar time, or our conventional time, and true solar time, based on the actual position of the sun. Owing to the Earth’s orbit, this discrepancy can fluctuate throughout the year, and is reflected in the -15 and +15 subsidiary scale to 12 – now how many watches can do that!

My second selection from Somlo is this beautifully decorated Patek Philippe fob watch, crafted circa 1889. Cased in 18ct gold and detailed with split pearls, this fob watch is hand painted to the case back with an enamel portrait of Saint Fabiola, an early Christian Saint.

So there we have it, my round up of the TEFAF works and exhibitors to keep on your radar, whether you are lucky enough to attend this international event, or, like me, will be looking on enviously! Let us know which pieces have caught your eye!

To arrange a jewellery valuation contact us on 01883 722736 or email [email protected]

Diamond Prices and Jewellery Insurance – The Truth Behind the Headlines

Posted on February 27, 2025February 27, 2025 by Annabell Parry

Anyone in the jewellery or related industries can’t open their laptop without being hit by another doom-laden headline about diamond prices.

The latest reports declare that Anglo American, the majority owner of De Beers, has published another vast write-down of its investment. Meanwhile, Alrosa, the Russian diamond giant, has been propped up by the Russian government. Both companies are reportedly stockpiling around $2 billion worth of unsold diamonds in an increasingly challenging global market, driven by geopolitical tensions and advancing technology.

These are mining giants, and the headlines are dramatic. However, it takes around two years for a diamond to move from the mine to the shop window. This is a crucial factor when valuing an engagement ring. Despite the headlines, these market shifts do not immediately affect valuations or replacement costs. Diamond prices fluctuate constantly, and experienced valuers rely on top trade sources such as RapNet. The best valuers consult at least three independent sources for each stone they assess.

A knowledgeable valuer will also understand the impact of Russian sanctions introduced in 2024, the conflict in the Middle East, and the downturn in Chinese middle-class spending. All of these factors influence diamond pricing and the ability to source replacements in case of loss.

The Danger of Headlines

Professional brokers, insurers, and jewellery owners are often short on time, scanning dozens of headlines each day. Decisions made solely on headlines risk being based on incomplete or misleading information. At worst, they could be influenced by an opinion piece paid for by a company with something to sell.

Diamonds hold a unique place in the retail market, as they have for centuries. Once reserved for royalty and the wealthiest elites, diamonds became a mainstream expectation by the 1950s, particularly as engagement rings for modern, independent women.

The Perception of Falling Prices

“But diamond prices are falling,” you may say.

Historically, younger buyers and the bridal market have been major consumers of small natural diamonds. However, over the past decade, their social feeds have been flooded with man-made diamonds (not ‘laboratory-grown’ which is a misnomer) and high-quality, stylish dress jewellery from brands like TJC and Pandora. The shift in pricing, environmental concerns, and changing consumer preferences have had a major impact on the lower-to-mid market.

It is true that diamonds under 1.50ct have seen price drops, in some cases by as much as 30%, as their key buyers have moved away.

Prices are per diamond for a round brilliant cut, F colour VS1 clarity GIA diamond Report in March of each year.

These are approximate selling prices in the UK at that time with the historic approximate retail margins and timely interest rates taken into consideration.

But Do Not Be Fooled

The high-net-worth market is thriving.

Diamonds over 2ct have always been beyond the reach of most buyers, making them the preferred size for professionals and affluent individuals. Second marriages, milestone anniversaries, or the sale of a business often drive purchases at this level. This is not the market that man-made diamonds have disrupted.

For high-net-worth and ultra-high-net-worth clients, jewellery values are not falling. Rubies bought in the 1990s, heirloom Art Deco and Cartier pieces, and upgraded engagement rings all hold their worth. In fact, many of my clients own multiple engagement rings, one for weekday wear and another for weekends.

Man-made diamonds are certainly purchased, but often as travel jewellery or gifts for daughters rather than as investment pieces.

A glance at recent fine jewellery auctions shows that branded vintage pieces from Cartier, Verdura, and Van Cleef & Arpels continue to command strong prices, along with larger, certified diamonds. These are not easily replaced and require an expert valuer to determine a proper replacement figure. Some brands such as Cartier and Tiffany increase their prices twice a year. On average the basic beautiful LOVE bangle from Cartier increases £300 every year.

New

Pragnalls Jewellers 1.51ct - £18,000	Pragnalls Jewellers 3.02ct - £74,650
Second Hand

Cartier yellow and white diamond cross over ring Wooley & Wallis auctioneers Estimate £4-6k Hammer £9.5k	Victorian antique cluster ring Harper Field Auctions Estimate £8,500 - £10,500, Hammer £28,500	1980's Cartier Panthere earrings $66,000 at Opulent Jewellers - USA

Additional Factors

Another important factor is the price of gold – the value of a 1 Troy Ounce of gold has increased 819% from 2000 – 2024, as displayed in this graph:

Pound / Dollar interest rates have fallen and retail margins have had to be pared back to compete with global and technological competition and wages for goldsmiths, polishers, cutters, apprentices, setters have in some cases tripled since 2000.

The Role of Professional Valuers

Valuing jewellery, like the value of a car, is a sum of its parts plus the brand, popularity, rarity and condition. One would not stop valuing cars because the price of steel had dipped. So too is the case for the valuation of diamond jewellery even when the markets are in flux.

Jewellery valuation is a specialised profession that does not always get the credit it deserves. It requires years, often decades, of expertise, and valuers do not typically shout about their knowledge.

But in a world flooded with misinformation and sensational headlines, their insight is more relevant than ever.

So, where do you get your information?

To arrange a jewellery valuation call us on 01883 722736 or [email protected]

Unapologeticaly Iris – The Iris Apfel Collection Auction

Posted on February 19, 2025February 19, 2025 by Liz Bailey

Highly anticipated, Christie’s Sale of Iris Apfel’s collection took place as a timed auction from New York, running from 28th January until 13th February. The sale included 220 lots from the late ‘Matriarch of Maximialism’s’ personal collection across fashion, furnishings, textiles, accessories and of course, jewellery.

Known and celebrated for her bold and bright signature style, Apfel was a renowned interior designer, fashion icon, model, curator and collector. Her irreverent, eclectic and playful style was absolutely reflected in the incredible lots on offer.

Accessories

It seems fitting that the lot to ‘kick off’ this stylish sale was a selection of eighteen pairs of glasses. In bright hues, zebra prints and heart shapes, this striking mixed lot certainly set the tone for the rest of the sale. Estimated initially at $400-600, the bids were sitting at over ten times that amount a mere few days into the two-week timed sale, and one lucky bidder secured this lot for $15,120.

Another lot that was unsurprisingly popular was lot 48, ten pairs of eyewear. Only two days into the sale the bidding was at $3,500 against a modest $200-300 estimate, and bidding concluded at an incredible $16,380.

Another lot of Apfel’s accessories included a selection of evening bags. Including all the hallmarks of Apfel’s signature style to include embroidery, bold colours, feathers and embellishments, this popular lot sold for $10,080.

Furnishings

The daughter of an antique dealer and an expert on interiors (having decorated the White House for no less than nine Presidents!) bidders were offered a glimpse into Apfel’s extraordinary collection of interiors and decorative objects.

Animals were a huge feature in Apfel’s interiors collection, multiple paintings of Maltese dogs (a clear favourite), Black Forest bears, and even a giant carved ostrich were just a few of the animal lots on offer. The carved 1970s Italian ostrich stood 124cm high and had been featured in Apfel’s Architectural Digest issue of 2016, estimated at 6,000-8,000, this big bird sold for $16,380.

Vibrant prints, colours, and an eclectic mixture of items from Greek style all the way to the present day ensured the catalogue was a visual treat!

A personal favourite of mine was a pair of wonderful Italian armchairs. Modelled with a scallop shell back, dolphin armrests and raised on shell legs, these 20th century carved and silvered chairs exuded sheer opulence! Estimated at $2,000-3,000, these chairs reached $8,820. The back and seat in scallop-shell form, the arms modeled as dolphins raised on shell-form legs, the back legs on each example attached backwards. 40 in. (101.5 cm) high, overall.

Fashion

Hotly anticipated was Apfel’s selection of fashion and couture pieces. Taking up just under half of the sale, there were ninety-six lots from Iris’s collection, ranging from group lots of unattributed vintage clothing at the lower end of the offering, all the way to custom couture pieces Iris wore in printed publications. This wonderful mixture of high-low dressing was absolutely Apfel’s trademark and lent an accessibility to collectors of all levels.

Designer garments by Carolina Herrera, Balenciaga, Dries Van Noten, Moschino, Christian Dior, Alice & Olivia, Valentino, Prada, Jean Paul Gautier, Iris Apfel x H&M and countless other designers were offered with estimates from $100-200 to $1,200-1,800.

Lot 51: A MULTICOLOR FEATHER COAT
LABELED DIOR HAUTE COUTURE, PARIS, 21ST CENTURY

Amongst the top sellers was this fabulous Dior Haute Couture feather coat that Apfel had been photographed in by James Mollison for the Collectors series, featured in a 2018 Issue of Christie’s Magazine. This piece instantly attracted bids and reached $9,000 very early on in the timed sale, finally settling at $11,970 at the conclusion of the sale.

A heavily beaded and embroidered coat by Stacey Bendet for Alice & Olivia in 2022 was also fought for by bidders and reached $6,048 against a $400-600 estimate.

Another garment by this designer was an eye-catching A-line skirt detailed with Iris’ own embroidered and sequinned portrait sold for $7,560.

Jewellery

Another layer of Apfel’s iconic style was of course her jewellery. This sale featured sixteen lots of jewellery, all beautifully bold and eye-catching!

Group lots of brightly coloured lucite bangles, costume jewellery acquired from travels to Eastern Europe, the Middle East, China and the Hindu Kush region, beaded necklaces, rhinestone suites, and Southwestern American jewels were all a part of this spectacular offering of stylish jewellery.

The top-selling lot for the jewellery was this wonderful selection of turquoise, lucite and resin costume jewellery. Featuring an Alexis Bittar bangle, Jianhui London necklaces and bracelet, Rara Avis bracelets, blue hardstone studded lucite cuffs and bangle among others, this beautiful collection sold for $9,450 against an estimate of $300-500.

Pieces from Apfel’s own line of costume jewellery Rara Avis, originally sold through the Home Shopping Network were also amongst the lots on offer. Her playful lucite bangles set with googly eyes were trademark Iris and one of the most popular designs from Rara Avis at the time. These typically retail on the secondary market between $300-400, however with the added provenance, this lot of fifteen bangles (six by Rara Avis) sold for $6,300.

To arrange a jewellery valuation, call us on 01883 722736 or email us on [email protected].

What makes Austrian emeralds so rare and unique?

Posted on February 14, 2025February 14, 2025 by Liz Bailey

A lot that stood out to me around the salerooms last week was this this pretty cluster ring. Sold at Woolley & Wallis and described as ‘An unusual emerald and diamond ring, late 19th century,’ this ring was set with a principal oval emerald cabochon and surrounded by cushion shaped diamonds.

Accompanied by a certificate from Gemmological Certification Services, the emerald’s origin was stated as Austrian, with indications of moderate clarity enhancement. The unusual factor, then, in this lot was the origin of the emerald! Usually at auction we can see Zambian (increasingly!) and the historically favoured Colombian emeralds. An emerald from an altogether different locale in Austria, was an unusual thing indeed!

The Austrian emerald deposit lies in the Habachtal Valley. Located in the Hohe Tauern National Park, and a favourite with hikers, this valley is known for its emerald deposits and rich mining history!

The first written reference to the Habachtal emeralds is in 1797, although in 1992, Roman jewels in the Treasure of Lyon-Vaise included emerald necklaces and earrings set with emeralds mined in the Habachtal Valley. These pieces are thought to have been buried for fear of Germanic raids and the coins allow its burial to be dated to after AD 258.

The first international appearance of Habachtal emeralds was in 1861 at the London World Industrial Exhibition. Mining operations by Samuel Goldschmidt began in the early 1860s, and he sold these crystals from his Viennese storefront. Following his death in the 1870s, the mines were ran by various English companies until around 1913 – purportedly selling the stones as ‘Indian emeralds’ “because the deposit was not known to most of the people in gem trade and would have sold for a much lower price.” (Laing Antiques).

The ring above dates to this later period of English owned mining in the Habachtal area and could well have been originally sold as an ‘Indian’ emerald. Identifying features for Habachtal emeralds are typically heavily included, with “highly-ordered graphite, and extremely water-rich melt inclusions.” (Rainer, 2020). Sold as Indian emeralds and typically assessed as lower quality owing to their multiple inclusions, examples of Habachtal emeralds are not frequently identified! Below is an example of a diamond and 2.10ct Austrian emerald ring currently retailing for €14,500.

Habachtal emeralds are still mined in the present day, although it much lower quantities than the late 19^th century. The yield is typically small scale and is reserved for collectors of specimens, much like the example below sold at Christies in 2023.

To arrange your own jewellery valuation, call us on 01883 722736 or email us on [email protected]

The Perfect Jewellery Gift for Valentine’s Day: Iconic Pieces They’ll Love

Posted on February 5, 2025March 20, 2025 by Helen Doyle

Valentine’s Day is celebrated annually on 14th February and has a surprisingly complex and layered history, blending ancient Roman traditions with Christian beliefs and medieval romance.

By the Victorian era, Valentine’s Day became a widely celebrated occasion, with flowers becoming common traditions. Today, Valentine’s Day is a global holiday expressing love and affection through various gestures and celebrations. There are also variations of the holiday including Galentine’s when one can celebrate friendships.

However you choose to celebrate, there is no getting away from the fact that it is fast approaching. With that in mind I am here to provide you with some expert guidance on how to choose the best items of jewellery this Valentine’s, for the one you love.

Tiffany & Co.

Arguably the most romantic of jewellers in the world, we couldn’t write about Valentine’s Day without mentioning Tiffany & Co., particularly a Tiffany & Co. engagement ring.

In 1887, Charles Lewis Tiffany, founder of Tiffany and Co., acquired an exceptional fancy yellow diamond from a mine in South Africa and it is known as The Tiffany diamond. It has been displayed in various settings throughout its history, with its most notable appearance as a pendant on a diamond necklace worn by Audrey Hepburn during a promotion of Breakfast at Tiffany’s in 1961.

The diamond, originally weighing 287.42 carats in its rough form, was sent to Paris where Tiffany’s chief gemmologist, Dr. George Frederick Kunz, cut the fancy yellow diamond into a beautiful, brilliant cushion-cut. It was here where Tiffany’s remarkable association with exquisite diamonds began.

Nowadays Tiffany & Co. is known to produce the most iconic engagement rings in the world, with the most popular style being The Tiffany Setting, distinguished by its 6 prongs/claws. This arrangement elevates the diamond well above the band allowing maximum light to enter the stone from all angles, therefore enhancing the diamond’s natural brilliance and sparkle and minimizing the amount of metal covering the stone. It is also held on a simple plain band ensuring that the diamond remains the centrepiece. Sales of the Tiffany engagement ring equate for 26% of their total sales. This remarkable success can be attributed to the iconic status of the brand, particularly the legendary Tiffany Setting introduced in 1886.

The price of a Tiffany Setting ring ranges anywhere from a few thousand up to six figure sums depending on the quality of the diamond.

The 1.65ct diamond single stone ring above has an insurance value of £75,000

Cartier Love bracelet

Nothing says love like a Cartier love bracelet. Created in 1969 by Italian jewellery designer Aldo Cipullo for Cartier, the bracelet was born as a unisex ‘modern handcuff’ with Cartier making the radical decision to leave the functional or decorative screws visible.

Its oval shape means it sits tight around the wearer’s wrist, and its physically screwed on to signify the permanence of true love, since two people are needed to secure the screws. The Love bracelet has become a symbol of love and commitment due to this design.

Today the bracelet is just as popular and it is rumoured that New York hospitals keep mini Love screwdrivers on the wards, in case they need to remove the bracelet in an emergency.

Its longevity and success is down to the design, according to Pierre Rainero, Cartier’s director of image, style and heritage. “For me, the Love bracelet is a success worldwide since it was created because of a combination of many different dimensions – first design, and second, symbolism. The design is linked to its meaning, because the screw, is the meaning of the object and the symbolic value is immediately visible through the very simple idea,” he explains. “The Love bracelet has become a permanent staple in modern style.”

Nowadays, the Cartier Love bracelet is seen on the wrists of many famous celebrities, including the Duke and Duchess of Sussex sporting matching Love bracelets on the cover of TIME magazine in 2020, while Meghan has been spotted wearing hers on numerous occasions over the years.

This year Cartier have released a brand-new Love Bracelet with a width of 4.8mm it the medium size with a slimmer and thicker versions available. This new version has an insurance value of £5,850.

Van Cleef and Aprels Alhambra

The Van Cleef & Arpels Alhambra collection is seen as a symbol of enduring femininity, luck and love. It was in 1968 when the brand’s designers were captivated by the four-leaf clover motif and incorporating Art Deco influences, they created the iconic Alhambra pendant, with the initial design featuring a stylised quatrefoil shape set with mother-of-pearl.

It quickly gained popularity and over the years, the collection has expanded to encompass various interpretations of the Alhambra theme: bracelets, necklaces, earrings, rings and even watches, all adorned with gemstones and precious metals like mother-of-pearl, onyx, carnelian, turquoise, and diamonds.

De Beers Talisman

The De Beers Talisman collection is a line of fine jewellery that prominently features rough diamonds, highlighting their raw beauty by juxtaposing them with polished diamonds, creating a unique aesthetic that celebrates the natural, unrefined quality of rough stones, while still showcasing De Beers’ expertise in diamond cutting and setting.

The collection often utilises their “serti poinçon” technique to encapsulate the rough diamonds in the metal, giving them a distinct appearance.

The unisex collection is enjoyed by men and women.

Ruby

Rubies have been treasured throughout history for their beauty and symbolic meaning of passion, love, power, protection, and good luck. They feature prominently in royal crowns, ancient artifacts, and works of art. Fine rubies are gemstones prized for their vibrant red hue, intense brilliance, and enduring beauty.

They belong to the corundum mineral family, which also includes sapphires. Their mesmerizing red colour comes from trace amounts of chromium in their chemical structure. The most desirable rubies exhibit a vivid “pigeon’s blood” red – a rich, saturated hue with a hint of blue undertones. Other shades include purplish-red, orangish-red, and brownish-red, but the “pigeon’s blood” remains the rarest and most sought-after. It is the colour, clarity and origin which can contribute to a rubies value along with a lack of any lab treatment. Large fine natural examples with good colour can command very high prices.

Locations, like Myanmar (Burma), Madagascar, and Mozambique, are known for their exceptional quality.

No matter what gift you give or recieve this Valentine’s Day, ensure that you get it accurately valued for insurance purposes by calling us on 01883 722736 or emailing us on [email protected].