Antique Jewellery

Antique Jewellery

Antique, heirloom second-hand jewellery is a finite commodity, sometimes incorporating unrepeatable craftsmanship and irreplaceable gemstones.

Some of my favourite jewels are antique pieces. The reason is simple: exceptional quality and craftsmanship. One could argue that with today’s tools and technology, jewels are just as well made, if not better. But there is a difference, the exquisite craftsmanship from a hundred, or two hundred years ago was so exceptional that these “artists” accomplished unique pieces, without our modern tools and are still admired to this day.

Cartier is often the go to example when discussing unique skills, then and now. The above Art Déco sautoir by Cartier, was sold at Christie’s in May 2012. With an estimate of CHF74,000-110,000 (approx. £60,000-85,000), it sold for CHF 507,000 (approx. £400,000), excluding premium. The hammer price reflects a combination of excellent work but also unique gems. The quality of the emeralds would have been chosen to be the most vivid green, eye-clean or with very few inclusions. And the pearls, would have had to be selected minutely to match in size, colour, overtone and quality. Any blemish to the nacre, and the pearl would have been discarded.

This necklace would have required hundreds of hours from skilled jewellers and tradesmen.

Another example of the skilled work is this below Belle Epoque pendant watch by Cartier. The pink is enamel and the technique is called guilloché enamel. It resembles waves and the know-how to achieve this is unparalleled. It was sold for CHF7,500 (approx. £6,700) excluding premium at Sotheby’s.

Though the technique requires exceptional skill, the piece’s relatively “low” value for an antique Cartier jewel, can be explained by the lack of gems. Unlike the sautoir, only a few rose-cut diamonds were used in this piece. As complex and unique as this piece is, the demand for such an item is less than, for example, the below rock crystal and diamond Art Deco bracelet by Cartier, and therefore commands a lower price.

The rock crystal and diamond bracelet sold at Sotheby’s for USD237,500. The seven larger old European-cut diamonds, weighing approximately 11.60 carats, are approximately H-I colour and SI-I clarity. The smaller old European, old mine and rose-cut diamonds, weighing approximately 6.80 carats, are approximately G-J colour and VS-I clarity. This piece, just as with the sautoir, is a perfect combination of choosing good quality gems, and working with a semiprecious gem, rock crystal, in such a manner, that probably only a handful of people could ever deal with. The bracelet was sold with a note from the jewellery department stating that it is “exceptionally flexible and supple”. An incredible achievement.

Side stepping away from the worldrenowned jeweller, is Bvlgari. In the 60s, Bvlgari created an entire collection based on antique and irreplaceable coins, the Monete collection. Launched in the 60s, it is one of their most celebrated and successful collections, worn by private individuals and also Hollywood glam, such as Anne Hathaway, below, wearing Monete High Jewellery by Bvlgari.

Their collection includes coins from centuries BC, and never-used replicas. This meant there was limited supply and sourcing took a long time when they initially launched the collection. As popularity grew stronger, sourcing became easier and quicker. Though readily available, these jewels still retail for several thousands, and tens of thousands of pounds.

Irreplaceable gems and antique jewels make up some of the most precious collections, whether on display in a museum or on sale at auction. Exceptional prices and auction sale results will always take the world by surprise but can we actually put a price on a unique antique items of jewellery? Sentimentality will always play a role when inheriting jewellery, and who could put a price on those feelings.

Ladies Valentine’s Gift Guide

Valentine’s Day is named after Saint Valentine, a Catholic priest who lived in Rome in the 3rd Century. There are many stories about St Valentine and over time these stories grew into the legend we know today. It is an annual festival to celebrate romantic love, friendship, and admiration. Every year on the 14th of February people celebrate this day by sending messages of love and affection to partners, family, and friends.

Some people love it, some hate it, and some just ignore it altogether. We believe that rather than seeing it as an exclusively romantic occasion, why not look at it as an opportunity to show your favourite person how much you love them?

Although giving a gift is not essential, when it comes to showing a little appreciation, springing for one of the best Valentine’s gifts certainly won’t go unnoticed. For a few ideas on ways to celebrate, share, and spread the love this year this is our guide to what women want for Valentine’s day.

Tiffany & Co

Tiffany & Co was founded in 1837 and has been in the hearts and collections of jewellery lovers for 187 years. They have a fabulous range of jewellery including diamond engagement rings and designs by Schlumberger and Paloma Piccasso. One especially romantically themed design is the Open Heart Collection by Elsa Peretti.

Elsa Peretti’s history with the brand started in 1974, when she began her longstanding collaboration that resulted in the creation of many of Tiffany and Co.’s most iconic designs.

Known for her unique silhouettes, Peretti designed Tiffany pieces that have now become synonymous with love, minimalism, and luxury. The Open Heart Collection, which features sleek heart designs strung from delicate chains or ropes, has been a bestseller since its release. Pieces are available in gold and silver and some are diamond set. The design has featured in many films, including Bridget Jones’s Diary.

Due to their popularity these pieces increase in value every year. They remain extremely popular, often going out of stock, they also sell very well on the open market.

Here is an Elsa Peretti Open heart pendant in 18ct yellow gold retailing for £2,225.

This diamond and platinum open heart retails for just under £8,000.

This Elsa Peretti mesh link heart retails for £7,725.

Boodles Ashoka Diamonds

Diamonds have been a declaration of true love for centuries and the Boodles Ashoka diamond is a great way to express some individuality.

Boodles is the only jeweller to offer Ashoka-cut diamonds and their range includes diamond rings, earrings, bracelets, and necklaces. The Ashoka cut is named after an ancient Indian emperor and has an impressive 62 facets. They are prized for both rarity and incomparable sparkle.

Here are some Ashoka diamonds with an estimate of $70,000 to $90,000 at a 2015 sale at Bonhams in New York.

The Ashoka diamond range retails at prices from the low thousands up to hundreds of thousands of pounds. Here is a beautiful Ashoka diamond ring weighing 7.00cts.

These Ashoka diamond earrings retail for £27,500.

Cartier

Nothing says I love you, like a Cartier Love bracelet.

The Love bracelet was designed by Aldo Cipullo in 1969 in New York. He wanted to design a bracelet that fit as closely as possible to a loved one’s wrist. Not only that, it was also intended to be worn by both men and women. They were referred to as a “modern love handcuff” for the way in which they are secured using a screwdriver.

It is rumoured that Cartier once banned customers from buying the Love bracelet for themselves, with a policy stating that they could only be purchased by a couple. It was even designed to require the assistance of someone else to put it on.

The diamond-studded Love bracelet was first introduced in 1979, ten years after the original.

When the Love bracelet was first launched, it is said that Cartier gave pairs of them to some of the most famous couples of the 20th century, including the Duke and Duchess of Windsor, Elizabeth Taylor and Richard Burton, Ali MacGraw and Steve McQueen, and Sophia Loren and Carlo Ponti.

There are now many variations of the Love bracelet including some set with diamonds.

For example, this diamond set Love bracelet with 1.99ct of diamonds retails for £45,400.

A 18ct gold Love bracelet is available for just over £7,000.

Synthetic diamonds

Synthetic diamonds are becoming a very popular choice in the jewellery market. Lab grown diamonds are visually, chemically, and physically the same as a diamond mined from the earth. The only difference is that it is created in a laboratory and it’s here where they emulate the natural process of a diamond’s growth. They are also considered a more sustainable option than mined diamonds.

Here is a diamond line bracelet set with 6cts of diamonds retailing for $6,999.

Here is a Lab grown diamond pendant set with a 1ct diamond retailing for $1,200.

Here is a pair of fancy blue and pink synthetic diamonds retailing for $250.

Chanel Classic

A Chanel handbag always makes a fantastic gift. Their designs are timeless.

Gabrielle “Coco” Chanel introduced her first version of the classic bag with flap in February of 1955. Now known as the 2.55, it was revolutionary because of its functionality; the shoulder bag freed women’s hands to do other things than hold a cumbersome handbag.

This Chanel pink flap bag retails for £5,200 and has the Classic style in a summer fabric.

This small Chanel Bucket bag retails for £4,260.

Conclusion

There’s nothing greater than seeing a loved one, friend or member of the family enjoying luxury gifts. It is always important to make sure that your insurance valuation is up to date, should the very worst happen. Having an out-of-date valuation can result in an underpayment if you were to make a claim. Retailers such as Cartier, Tiffany & Co and Chanel often increase their retail values by up to 40% twice a year. If you need an up-todate valuation, then contact the experts at Doerr Dallas Valuations on 01883 722 736.

Gents Valentine’s Gift Guide

Valentine’s Day is fast approaching, and this is undoubtedly a busy time for jewellers all over the world. An irrevocably sentimental art form, jewellery has been a tangible token of love for centuries. From the breathtaking Posy rings of the Medieval times to mysterious ‘Lover’s Eye’ brooches fashionable in the Georgian era, symbolic and acrostic Victorian jewellery, all the way to modern day engagement rings, eternity rings and promise rings, jewellery has expressed love in many, many forms!

During this busy time in the retail sphere, much attention is given to jewellery for her. However, there are a stunning selection of pieces also suitable for showing your love to the gentleman in your life. The demand is there, Tiffany & Co. made brand history in October last year for launching their first ‘Tiffany Men’s’ collection, to cater to a wider audience and a keen consumer base. With that in mind, here is a ‘gents gift guide’ for that special man in your life, with examples ranging from the 19th century all the way to the present day.

Rings

Understandably, rings on Valentine’s Day are certainly sending a very strong message but as a gift for a spouse, a special dress ring could be the perfect piece! According to GHQ Magazine, rings are the top male jewellery trend of 2024. Citing inspiration from the likes of Harry Styles, bold, stacked rings are the accessory of the year.

Whilst most will steer away from Harry’s maximalist styling, the ring is the classic token of enduring love and affection, symbolised in its circular form. Ideas for gifts could include a classic signet ring in a heavy gauge and engraving for everyday wear, perhaps a fascinating gemstone intaglio for a history lover or decorated with enamelled detailing that is highly personal to the wearer.

Intaglio jewellery, particularly early and crystalline gem-set pieces sold exceptionally well at auction in 2023, and continue to exponentially rise in value, so it is extremely important to ensure your items possess an up-to-date insurance valuation.

Unique band rings are also an easy style to incorporate into a jewellery rotation and update a look. Adding silver, gold, or platinum bands are an easy way to enhance an ensemble. Part of Tiffany’s 2023 ‘Forge’ collection, this unique linked band is available in silver and blackened silver finishes and form a great entry piece for collectors. Another iconic gold band is the classic ‘B.Zero1’ ring by Bulgari, retailing at £3,200. This design was debuted in 1999 and has become a classic, for its unique spiral design, generous proportions, and striking double logo.

Cufflinks

For a more classic look, a beautiful pair of cufflinks will always be in style. Pairs of cufflinks set in gold or platinum and paired with gemstones rating higher on the Moh’s scale of hardness such as diamond, sapphire and topaz will ensure a gift that can be worn again and again.

As a rule, cufflinks that retain and increase in value are those by well-known and revered makers. Early 20th century antique cufflinks from the likes of August Frederik Hollming for Fabergé, set with precious gemstones, ornamented with the maker’s famed enamel, and bearing maker’s marks would be the perfect gift for any discerning collector.

Without a doubt, Cartier produced an exceptional array of fine cufflinks and dress sets from the early 20th century onwards. With an exceptional and varied output spanning decades, styles, gemstones, and featuring designs from the ostentatious to the refined, and the timeless to the novelty, these cufflinks are amongst the most sought-after at auction, with diamond-set examples selling for in excess of £52,000 (Christies, Auction 15493, 2018).

Particularly stylish and useful are the ‘interchangeable’ or ‘baton’ cufflinks that were introduced by Cartier in the 1960s and also produced by celebrated jewellers such as André Vassort, Boucheron, and Van Cleef & Arpels. Cleverly designed with a fixed gold bar mount and a series of gemstone batons or terminals that could be swapped and changed to match the wearer’s mood, these wonderful cufflinks have become increasingly sought-after in the last couple of years.

Necklaces

A necklace is also a great idea for a Valentine’s gift for him. Ever increasing in popularity, the Google search for ‘Men’s pendant necklaces’ increased over 900% from 2021-22. For a unique and personalised gift, consider purchasing an antique or mid-century piece, and consider which metal, link design, style of clasp, and length would be your partner’s preference. As one would expect, unique links, designer attributions and heft all play a part in the intrinsic value of the piece, so choose carefully especially when buying through retail.

Whether it is a ring, pair of cufflinks, a necklace, or another piece of jewellery entirely that you treat your significant other with this Valentine’s Day, do make sure that you buy a piece that has that personal feel and sentimental value. Buying second hand and at auction are fantastic ways to procure items that are beautifully one-of-a-kind.

The jewellery market is ever-changing, and values are increasing all the time, so make sure you consider a comprehensive valuation of your items to ensure adequate cover and peace of mind. For further information on our nationwide valuation services, contact us via [email protected].

Cartier and Tiffany rocked at the Golden Globes…

“It’s the most wonderful time of the year…” and I don’t mean Christmas. My favourite time of the year is now, for all the red carpet gowns and jewels. So many impressive pieces displayed at this year’s Golden Globes. This year, I take a look at the two usual suspects that never miss: Cartier and Tiffany & Co., both symbols of chic and glamour, using the finest craftsman and precious gems.

One of my all time favourite actresses is Jennifer Lawrence, and she was faultless with her “simple” velvet gown and diamond-set Tiffany & Co. jewels.

The necklace was composed of a series of princess-cut diamonds, suspending to the front an 11 carat diamond pear-shaped drop. Her earrings were decorated with a total of 6 carats of untreated blue sapphire and diamond surround, mounted in platinum and 18 carat yellow gold. She matched these with a diamond ring and nothing too big which could distract from the Dior clutch.

It was a big year for singer/songwriter Dua Lipa, with a nomination for Best Original Song for the Barbie movie.

She dazzled the crowds with a 1962 gold and platinum Tiffany & Co. necklace. It is set throughout with oval, pear and briolette-cut yellow beryls and brilliant-cut diamonds. A similar piece, dating from 1967, sold in June last year, 2023, at Christie’s for USD $189,000, set with approximately 86 brilliant-cut diamonds, weighing 7.00 carats.

The singer completed her look with a yellow sapphire and diamond cluster ring.

Another very talented singer/songwriter is Jon Batiste. He was superb with a few Tiffany & Co. jewels which sparkled on his Dior suit.

The necklace is from the HardWear collection. It is set throughout with fancy links, each set with brilliant-cut diamonds and mounted in 18 carat yellow gold. This necklace currently retails for £70,000. However, there are several other options retailing from £550 mounted in silver, to £215,500 set with diamonds and mounted in rose gold.

A lovely addition to the necklace was the platinum and 18 carat gold Starfish brooch by Jean Schlumberger for Tiffany & Co. It is decorated with a three carat aquamarine and diamond surround. The Starfish collection ranges from silver, selling for £365, to yellow gold, retailing at £3,450.

While Tiffany & Co. draped several artists, Cartier High Jewellery was the brand of choice for actress Julianne Moore.

She wore a spectacular gold and petrified wood necklace of reptile inspiration. Composed of 57 links, each set with white and yellow diamonds.

Echoing that style of individual panels is the Panthère de Cartier necklace set with almost 2,000 white, orange, yellow and brown diamonds, totalling just under 40 carats. A truly unique piece and a statement to Cartier’s savoir-faire.

The Panthère collection has several options of bracelets, watches and necklaces.

The actor Jared Leto, usually known for taking daring fashion risks, wore a simple 18 carat white gold and diamond Panthère de Cartier necklace.

It is set with two emerald eyes, 309 diamonds, weighing a total of 3.24 carats and highlighted by calibré-cut onyx. It currently retails for £78,500.

The Panthère collection is as desirable as ever and Cartier will always be a go to jeweller for any red carpet event.

12 Days of Christmas

In 2014, Sotheby’s sold a copy of ‘Mirth Without Mischief’ for $23,750, dating from 1780 in which the first version of the famous Christmas carol Twelve Days of Christmas appeared for the first time.

Some historians believe it could be French and could have been created as a memory game, to help Christians learn and remember the principles of their faith. Though this could and has been refuted by some, let’s have a look at what is gifted during the Twelve Days of Christmas.

On the first day of Christmas, my true love gave to me a partridge in a pear tree.

Day 2: two turtle doves
Day 3: three French hens
Day 4: four calling birds
Day 5: five gold rings
Day 6: six geese a-laying
Day 7: seven swans a-swimming
Day 8: eight maids a-milking
Day 9: nine ladies dancing
Day 10: 10 lords a-leaping
Day 11: 11 pipers piping
Day 12: 12 drummers drumming

Someone on the internet has very kindly converted what the cost of all those presents would be in today’s currency and this comes to approximately £35,000.

With this budget, here is my choice for what I would wear during the Twelve Days of Christmas.

The Twelve Days start on the 25th December, and in keeping with the festive red and religious aspect of the celebrations, an early 19th Century garnet and pearl cannetille cross pendant, which sold at Bonhams for £1,500.

On the 26th, with the nights still closing in early, a moonstone necklace such as this Edwardian pendant necklace selling for £995, to shimmer and capture all the starlight.

On the 27th, an emerald and diamond three-stone ring, such as the below selling for £2,950 at Fenton to echo the Christmas tree which might be losing a few needles by now…

On the 28th, it always feel like dates have ceased to matter, so as a special reminder, this Rolex DateJust 1601 in stainless steel, selling for £4,400. Discreet and elegant, it is worn as jewellery.

On the 29th, perhaps a night out in a restaurant dreaming of that sky trip would require novelty cufflinks, as these enamel and silver cufflinks by Francis & Deakin, selling for £315.

On the 30th, one will have a quiet night in before the New Year celebrations. It could be a night to remember and remind that wonderful person just how much you love them with a fancy coloured-diamond ring from De Beers. The below cluster ring is set with a 0.52ct fancy yellow diamond, VS1, within a surround and shoulder set with brilliant-cut diamonds and retails for £7,250.

On the 31st, to celebrate the new year offered to us as a gift, one could purchase these vintage Chanel earrings for £1,370 decorated with bows, like a gift to unwrap.

2024 will be the year of the Dragon in Chinese culture. Dragons symbolise courage, power and protection.

Therefore, to start the year, on the 1st January, let us internalise all these elements and choose to wear a dragonset jewel such as the Fabergé Palais Tsarkoye Selo Red Locket with Dragon Surprise by Fabergé, retailing for £12,000.

The 2nd January calls for a quiet cuppa, and how best to accessorise than with Tea for Two bangle by Hermès £485, decorated with enamel.

On the 3rd, perhaps one is gifting the last few presents of the season and this trio of brooches would make a lovely addition to any jewellery collection, sold for only £280 at Dawsons Auctions a few days ago.

The list wouldn’t be complete without referring to The Princess of Wales jewellery. The Princess is one to reuse dresses and outfits so we could certainly get inspired by her look from last year with the goldplated earrings she wore last Christmas from Cezanne, retailing for £100. No one will notice they aren’t sapphires…!

Finally, as we look to the future and the warmer weather to come, on the 5th January I would recommend the mother-of-pearl Sweet Alhambra bracelet by Van Cleef & Arpels, retailing for £1,300. The butterfly motif reminds us that spring is not too far away, and with it the promise of longer days filled with possibilities…

All these gorgeous gifts bring us to a total of £32,855, well within our budget and enough to splurge on that meal, extra gift or trip away. Best Wishes to all.

Discovering Sotheby’s Auction

Vienna 1900: An Imperial and Royal collection

On the 6th and 7th November, Sotheby’s Geneva will be auctioning some of the finest antique jewellery from the 1900s, described as Belle Epoque jewellery. This collection is unique in that it groups prestigious gems, such as emeralds, sapphires, rubies, and natural pearls, but also in that these pieces have been kept intact all this time. It is becoming increasingly rare to find pieces from over a century ago. Jewels are very often broken up and stripped of their gems and metal. It is, in my opinion, a great shame, as the craftmanship of that period was stunning and very refined.

Belle époque jewels are characterised by bows, ribbons, swags and flowers, and items mounted en tremblant. Meaning to tremble, en tremblant diamond-set flowerheads (for the most part) are attached to a thin metal wire spring which trembles with movement. This gives the illusion of life and allows light to reverberate into the diamonds, bouncing off and reflecting “fire”, all the colours of the rainbows. It is often found on tiaras, brooches or devant de corsage such as lot 1089 of the sale.

Gifted by Philipp, Duke of Württemberg (1838-1917) as a wedding gift to his bride Archduchess Marie Therese of Austria – Teschen, Duchess of Württemberg (1845 –1927 in 1865, it is composed of natural saltwater pearls and approximately 60 – 75 carats of diamonds. It comes with an estimate of CHF270,000 – 450,000 (approximately £245,000 – 410,000).

Selling with the same estimate is a natural pearl and diamond brooch, circa 1865.

It is set with a first button-shaped pearl, measuring approximately 14mm and suspends a larger drop, measuring approximately 19mm. They are highlighted by approximately ten carats of diamonds.

This piece and its estimate are an indication of exceptional provenance but also reinforce the importance of having certificates for unique gems. These two pearls have reports from the reputable laboratory SSEF in Switzerland. When looking to insure or sell, reports will be a key part of valuing an item correctly.

In the example of the above brooch, if the pearls were not natural, its value would be mainly in the diamonds. It is their natural origin that give it a hefty price tag.

What do we call natural pearl?

Natural, as opposed to cultured pearls, are created in the wild, without human intervention. Cultured pearls are grown in farms and commonly are bead nucleated. This means a nacre has been formed around a nucleus as way for the pearl of defending itself. The pearls are then collected anywhere from six months to 3 years depending on the type and environment in which they are grown.

To illustrate further the uniqueness of the pearl and diamond brooch sold by Sotheby’s (above), the retailer Hancocks, who deals with antique jewellery, currently sells a natural pearl and diamond brooch for £22,500 (below). The pearl measures approximately 11mm and there are close to five carats of diamonds.

There are a variety of jewellery for women of course in this sale but also for men. Beautiful emerald cufflinks for example are also for sale.

The above cufflinks are centrally colletset with rose-cut diamonds within a navette-shaped emerald terminal. They belonged to the Tsar of Bulgaria and have an estimate of CHF3,600 – 5,500 (approximately £3,200 – 5,000).

Cufflinks and medals were worn with uniforms for balls, together with neck badges such as the below.

This beautiful gem-set neck badge has an estimate of CHF36,000 – 55,000 (approximately £32,000 – 50,000) and is adorned with a Ceylon sapphire, accompanied by an SSEF report stating it has no indication of heat treatment.

In this instance again, a report is essential and its findings are reflected in the estimate. Heat treatment is often used in sapphires to deepen a stone’s colour and, although a common practise, can detract from a gem’s value. The key factors of quality of this sapphire, together with provenance and other gems in the piece makes it a stunning piece.

This collection embodies the late 19th century, early 20th century era of court, wars and balls with delicate attires and military uniforms. Waltzes and lavish court dinners with men and women draped with the most exceptional jewellery, reflected who they were in society, and if judging by the quality of these pieces, it is no surprise they could have been considered semi-Gods.

On a personal note, I wish great success for this sale in association with Duke Philipp of Württemberg, who I had the extreme pleasure of working with at Sotheby’s.

Nephrite

Nephrite can be found in three major locations: northwestern China, Siberia and British Columbia, though China has been said to provide to best quality nephrite, such as the “mutton fat”.

The mines in British Columbia formed in the Mesozoic, 251.9 to 66.0 million years ago, when Pangea started to separate and dinosaurs walked the planet.

Nephrite, along with jadeite, is often referred to as jade. It comes in an array of colours and can be translucent to opaque.

Although nephrite comes in various colours, it is usually less pronounced than in jadeite. What else differentiates jadeite from nephrite? Their chemical composition to start with. This would be difficult to identify when out shopping for a jade necklace, but jadeite’s composition is: NaAlSi2O6 and nephrite’s is Ca2(Mg,Fe)5Si8O22(OH)2.

The deposits location is also different. Jadeite is only found in Myanmar as opposed to nephrite, which ranges across the borders.

Nephrite is harder than jadeite, making it a good candidate for sculptures.

Nephrite rates 6 to 6.5 on the Mohs scale. The Mohs scale of mineral hardness was created by Friedrich Mohs in 1822 and determines the scratch resistance of minerals when scratched by another mineral.

The Mohs scale is used to manufacture everyday objects: your mobile phone’s screen glass is made of a material that scratches at level 6, some at level 7.

Compared to jadeite, if nephrite chips, it will have a more waxy texture to it and could leave a powdery residue.

Though it may scratch, it is nonetheless a hard gemstone, made up of minuscule interlocking minerals which form a larger one, this is called a metamorphic gem. It was in fact hard enough for when man first made tools.

Due to its relative hardness and arrays of colours in which it comes, it is very sought after. However, jadeite is more valuable than nephrite, but the latter remains a great contender for jewellery pieces and for being carved and polished.

This autumn (2023) Sotheby’s HK is offering for sale the below fire opal, icy jadeite and diamond brooch with an estimate of HKD40,000-50,000 (approximately £4,000-5,000).

Nephrite comes in all shapes and forms. The above is set with two cabochon nephrite. A common and traditional piece of jewellery is the hololith bangle, made out of one piece of stone.

“Bi”, a flat disc with hole in the middle and representing heaven, is also made of one piece of stone.

They can be fashioned into any shape or form, it’s no wonder why they are one of Hollywood’s favourite go to pieces for a chic and understated statement.

Actress Emilia Clarke wore these exquisite earrings to the Emmys, and though they are most likely to be jadeite jade rather than nephrite, there are some affordable pieces retailing with similar spark.

Such as these teardrop earrings selling for £300.

Or this beaded necklace, retailing for £2,500.

If money is not an issue, then perhaps, its counterpart in jadeite jade could be an option, as with the opposing jadeite jade necklace, which sold with Sotheby’s in 2020, for USD 10.4 million.

Perhaps this is the price to pay for a little bit of heaven, as Confucius described jade, and who wouldn’t want that?

Coral…. Did you know?

There are six types of precious coral from deepest red to porcelain white and none are endangered.

Did you know that Mediterranean Rubrum coral is still dived for by hand by around 50 licenced divers at a depth of 50 metres? Japanese and Taiwanese coral is even deeper; at a depth of 80 metres to 300 metres and can only be harvested by a submersible with strict quotas.

It is reef and shallow water coral, such as golden and black coral, that are endangered. These are known as common coral and reside on the global CITES protection list.

Did you know that coral was used in Rome as early as 1500 BC? It has been used as amulets in the Catholic faith for centuries and revered in Buddhism. To this day it is an expression of status and wealth in Benin in Africa, Poland and Ukraine and it has been used as currency across the world.

In the Mediterranean, coral harvesting has been documented since the 15th century and its secrets and systems were passed down through each generation of a family. This industry was particularly buoyant at Torre Del Greco, a beautiful fishing village on the slopes of Vesuvius. Which for decades in the 1800’s saw almost every local family involved in the coral trade in some form from diving to forming the beads to selling the strings of coral. This development and success of the coral industry at Torre del Greco was arguably thanks to Ferdinand IV of Bourbon, who worked to regulate the fishing of coral from this area of Naples and protect local jobs. He recognised the huge demand for beautiful coral jewellery and religious accessories, the ownership of which was seen as a status symbol across Spain, Italy, Poland and Ukraine, which lasts to this day. Look through several Old Master paintings and you may well find coral pieces to denote protection and wealth.

Even good things come to an end and the Mediterranean monopoly on coral supply was to change in the 1870’s when a different species of coral, ‘Momo’ coral was discovered in Japan and later in Taiwan and Hawaii. These finds would open up coral appreciation to the world and the largest market for coral is now the Far Eastern market.

Collectors are starting to wake up to the beauty of coral that Cartier and Van Cleef and Arpels have been giving to their high net worth clients for over a century.

Precious coral, particularly antique and vintage pieces, are becoming very sought after and gaining good prices at European auctions. Keep an eye out for depth of colour and condition, and a smattering of diamonds is always nice too.

Vintage Coral

Did you know that the size of coral necklaces depend on the type and size of coral branch? Mediterranean coral can grow up to eight millimetres in diameter, however Midway coral from Hawaii up to 20 millimetres. Each piece of harvested coral from deep in the ocean is cleaned, divided and polished by hand into perfect beads, then matched into earrings and necklaces. It can take over a year to make a larger sized necklace.

A new harvest of Rubrum coral from the Mediterranean at the Livorino workshops

There is a huge market in China and the Far East for the top quality Oxblood and Momo coral pieces. So much of the finest coral will make it’s way there and prices rival that of fine jade.

However, you may well have vintage pieces in your jewellery box and I strongly suggest you review their value. It may just surprise you.

The Evolution and History of Diamond Cutting

Believed to be a gift from God, diamonds were first discovered in India in the 4th Century BC and were recognised for their hardness and strength. They were worn as adornments to ward off evil and provide protection in battle. Diamonds were also used as a medical aid; thought to cure illness and heal wounds when ingested. This was later dismissed, and it was thought that diamonds were highly poisonous; a rumour introduced to stop miners stealing diamonds by swallowing them.

Up until the 18th Century the only known source for diamonds was in India and their value was still considered much less than sapphires and rubies.

Alexander the Great opened a small trade between the East and the West in the mid-4th Century but it wasn’t until much later in the 14th and 15th century when diamonds entered Europe through Venice. They made their way north to Bruges, Antwerp and Amsterdam making these cities bustling diamond centres. It was at this point that European and Indian cutters begin to experiment with diamond cutting.

Point Cut Diamond

The earliest diamond cut is the point cut and was popular in the 15th Century. Cutters used diamond grit and olive oil to simply polish stones in their natural octahedral form. Olive oil was used due to its ability to tolerate the high temperatures caused by polishing.

Below is a diamond crystal in its natural octahedral form and a diamond ring set with multiple polished point cut diamonds.

Point cut diamonds are very rare as many of the original diamonds were re-fashioned as cutting techniques and styles changed. Here is an example of point cut diamond selling at auction for £11,000, well exceeding its pre-sale estimate of £1,800 – £2,400.

The Table Cut

In the mid-15th Century cutters designed the table cut diamond, they used the same polishing methods and simply removed the top point of the octahedral shape to produce a table.

This style of cutting possessed far better optical qualities than its predecessor, with greater brilliance and fire. It also displayed, when viewed from above, the impression of a table within a table, which fitted perfectly with Renaissance Europe’s love of classical proportions. The table cut became far more desirable than the point cut, which is why it is now rare to see examples of the point cut diamond as most were re-fashioned into the table cut.

Throughout the 16th and 17th century, variations of the table cut shape such as rectangles, triangles and tapered diamonds appeared.

Here are some more examples of diamonds with a table cut selling through auction.

The Rose Cut

The early 16th century saw the birth of the rose cut diamond. This made use of the flat rough instead of the octahedral crystal that we have seen so far. It proved the most efficient way to retain the weight of a flat crystal. The flat bottom and faceted domed top proved much more effective at displaying brilliance but not fire.

The Mazarin Cut

After developing and perfecting table and rose cuts, European cutters started to experiment with new cuts and styles. Cardinal Jules Mazarin requested that cutters in Europe designed a faceted diamond. The result was a cushion shaped diamond with 34 facets called the Mazarin cut, also known as the double cut.

The Old Single Cut

The mid-17th century saw the introduction of the single cuts. Like the point and table cut, the single cut resembled the shape of the octahedral rough. It also displayed more potential for brilliance than the table cut because it had more facets. This cut served as the basis for the modern brilliant cut and even today, the single cut is still used on smaller diamonds.

In the early 17th Century, the mines in India were running low on diamond source and European cutters needed more stones to continue experimenting with cuts. Luckily at this time, while miners were panning for gold in Minas Gerais, Brazil, a few odd crystals, and pebbles were found. Not knowing what they had discovered the miners used these stones to keep score during games of cards. It wasn’t until an official saw them that they realised that in fact it was a new diamond source.

The discovery of alluvial deposits in Brazil meant great things for the cutters in Europe. The diamonds rivalled those of India, and Brazil became the main source of diamonds for Europe.

At this time, Europe had a great desire to experiment and evolve the diamond cut, and there was an increasing interest in optical science. With the aid of advanced lighting and the modernisation of technologies, the developments of the first modern brilliant cuts could start to take place.

The Peruzzi Cut

The new rough from Brazil was used to create the first old mine cut also known as the Peruzzi Cut; this has the same number of facets as the round brilliant, but with a high pavilion it resembles a cushion shape. In 1750, a London jeweller called the new style of cut a passing fad and said the classic rose cut would outlast them all.

Today, antique cushion cut diamonds remain extremely popular and sell very well. Here are some examples – notice how almost all exceed their pre-sale estimates.

The round brilliant cut diamond

Years of experimentation with cutting led to the production of the modern brilliant. We can see examples of the modern brilliant cut being traced to the 1800’s. Henry Morse had been trying to achieve the optically efficient cutting design. It was however Marcel Tolkowsky in 1919 who published his PhD thesis called Diamond Design. This used mathematical calculations that considered how to display both brilliance and fire in a diamond. Tolkowsky understood that if a diamond was cut too shallow or too deep that the light entering the stone would leak out of the side; this discovery was achieved by systematically analysing the optics of a diamond. Although this was revolutionary for its time, there have been other claims on the perfectly proportioned diamond. In 1940, Eppler produced the European Cut and later in 1970 The IDC (International Diamond Council) also produced a set of ideal ranges.

Compared Results

These differing proportions are all aiming to show the viewer the perfect amount of brilliance and fire. Brilliance is the reflection of light from the back facets when viewed from the top of the stone. Fire is the splitting of white light into the spectral colours as the light passes through inclined facets.

Altering the angle of the crown will affect the balance of brilliance and fire.

Fancy Cuts

In more recent times we have seen variations of the round modern brilliant cut diamond. Cutters have applied the same perfected proportions displaying great amounts of fire and brilliance and applied them to the Pear and Marquise cuts. The Pear and Marquise cuts have been around for centuries but never before displayed the optimum optical properties. Furthermore, this led to the production of more fancy shapes in the brilliant cut; heart cut and princess cuts are now examples of this. Triangular diamonds cut in this way were even named the Trillion cut.

With many attributing factors that have been considered in the cutting of diamond throughout its evolution; from a polished octahedral crystal through to the brilliant cut diamond displaying fire and brilliance, I wonder what the next seven centuries will bring. Will our future generations look back and consider the brilliant cut diamond a primitive design compared to what this stone, advanced technologies and creative cutters achieve in the future?

 

Rubies

Ruby is the birthstone for July

The name comes from the Latin ‘ruber’ meaning red. It is seen as a symbol of love and commitment. In Asia particularly, it is associated with luck, passion and power.

Burmese warriors had rubies set into their armour, as they believed they would offer them protection in battle. Some even had rubies embedded in their flesh for added security.

Rubies, like sapphires, are a form of corundum – the name for aluminium oxide. Unlike sapphires, which come in an array of colours, rubies are always red, and the colour derives from chromium in their chemical make-up. Shades vary from the ultra desirable, but challengingly named, pigeon’s blood ruby to much pinker varieties.

Historically, the most sought after rubies came from Burma (now Myanmar). However, nowadays Mozambique has become one of the largest suppliers of new rubies into the market.

After diamonds, rubies are the hardest of all gemstones and also the most expensive coloured gemstone.

Until recently, ‘The Sunrise Ruby’, which formed the centrepiece of a sensational ruby and diamond ring by Cartier, was the most expensive ruby in the world and the most expensive coloured stone. However, on 8th June 2023 Sotheby’s sold the world’s largest Mozambiquan ruby, which weighs 55.22 carats. It made a world record-breaking $34.8 million, thus becoming the largest and most valuable ruby ever to sell at auction.

The ruby and diamond necklace worn by Julia Roberts in the film Pretty Woman, was said to be worth about $750,000 shortly after the movie was made 30 years ago. The price of rubies has soared since then. Imagine what it might be worth today.