Second largest diamond

World’s Second Largest Gem-Quality Diamond Unearthed in Historic Find

What will happen to the stone that has dominated international headlines for the last month?

The discovery of a 2,492 carat diamond from the Karowe Mine, Botswana in August of 2024 will come as news to very few. This incredible discovery was publicised across every major international news channel following the announcement from Canadian owned corporation Lucara on 21st August.

Images of the rough diamond filling the palm of a hand, positioned alongside a diminutive golf ball for size reference, as well as videos of the stone being inspected and admired by Botswana’s president Mokgweetsi Masisi have filled news feeds worldwide. Rightly so, this incredible find is the largest gem-quality diamond uncovered since the discovery of the 3,106 carat Cullinan diamond from the Premier No. 2 Mine in Cullinan, South Africa in 1905.

The Cullinan Diamond – a Precedent?

When the largest ever diamond was unearthed nearly 100 years ago, South Africa was still a British colony. The Cullinan was offered for sale in London in 1905 and failed to sell initially. It was purchased in 1907 by the Transvaal Colony government and was subsequently presented as a gift to King Edward VII by Prime Minister Louis Botha.

The 3,106 carat rough stone was sent to Amsterdam to be cut by Joseph Asscher & Co (famed for creating the Asscher cut in 1902). It purportedly took Joseph Asscher four days to prepare the stone to cleave, and eight months to polish the original rough stone into nine large principal stones and ninety-seven small brilliant cuts.

Clockwise from top left: II, I, III, IX, VII, V, IV, VI, VIII.

The yield of the nine largest stones are detailed in size order and the entirety of the collection is housed within the collection of the Crown Jewels as follows:

Cullinan I – otherwise known as the Star of Africa –530.20 carat pear-cut stone. Set in the Sovereign’s Royal Sceptre.

Cullinan II – 317.40 carat cushion-cut stone. Set into the band of the Imperial State Crown.

Cullinan III – 94.40 carat pear-cut stone. Set into Queen Mary’s Crown.

Cullinan IV – 63.60 carat cushion-cut stone. Set into Queen Mary’s Crown.

Cullinan V – 18.80 carat pear-triangular cut stone. Set into Queen Mary’s Crown.

Cullinan VI – 11.50 carat marquise-cut stone. Set into a diamond and emerald necklace, Crown Jewels.

Cullinan VII – 8.80 carat marquise-cut stone. Set into a brooch alongside the Cullinan XIII, Crown Jewels.

Cullinan VIII – 6.80 carat oblong-cut stone. Set into Queen Mary’s Delhi Durbar parure.

Cullinan IX – 4.39 carat pear-cut stone. Set into the Cullinan IX ring, Crown Jewels.

 

A fair comparison? The Lucara Diamond vs. the Cullinan Diamond

As of January 2024, the Cullinan I diamond alone was purportedly valued at $430 million. However, there are notable differences in these discoveries aside from their size, and the context in which they were unearthed.

Location and Diamond Type: The Lucara Diamond hails from Botswana – featured in Lucara’s press release is a reference to Type IIa diamonds from this source. Type IIa diamonds are incredibly rare, with no measurable impurities such as nitrogen or boron. This lack of impurities results in an exceptional colour and clarity that has long been prized and intrinsically far more valuable than other colourless diamond types. Similarly, the Cullinan diamond was mined from a source known to yield Type IIa diamonds. In both cases, there is no confirmation of diamond type, merely speculation at this stage.

Cutting Techniques – Brilliantly recorded in Matthew Hart’s Diamond: A Journey to the Heart of an Obsession (2002), Joseph Asscher hand polished and faceted the Cullinan diamond, purporting “that when he prepared to cleave the largest diamond ever known … he had a doctor and nurse standing by and when he finally struck the diamond … he fainted dead away”. Advances in technology since the Cullinan’s time have ensured a CAD mapping of possible diamond cuts, and precision laser cutting that remove any chance of human error and also maximise the yield from a crystal.

Different times – It goes without saying that politics and customs are incredibly different nowadays, it is highly likely the diamond will be offered for sale and not be presented to a monarchy! Potential buyers of the stone include the LVMH group, who purchased a 1,758 carat stone from Lucara in 2019 for an undisclosed sum, or Laurence Graff of Graff Diamonds, who purchased the ‘Lesedi La Rona’ 1,109 carat stone from the same mine in 2017 for $53 million.

 

A contemporary comparison – the Graff ‘Lesedi La Rona’

Above: Laurence Graff inspecting the 1,109 carat Lesedi La Rona

 

Discovered in November 2015 at the same location as the 2,942 carat diamond in question, the ‘Lesedi La Rona’ weighed 1,109 carats and was named “Our Light” in the Tswana language. At the time, this remarkable find was also the world’s second largest gem-quality diamond to ever have been discovered. Similarly to the Cullinan, the Lesedi La Rona was initially offered for sale at Sothebys in 2016, failing to sell with a reserve of $70 million.

 

Nevertheless, the Lesedi La Rona piqued the interest of Laurence Graff of the prestigious eponymous Graff diamonds and was purchased in 2017 for $53 million. Speaking of his purchase, Graff said “This was the first time in over 100 years that the chance to cut such a historic stone had presented itself, which was tremendously exciting,..We had an immense duty to cut the very, very best diamond imaginable from the Lesedi La Rona. We had to do justice to its impeccable natural beauty.”

 

The planning for cutting the Lesedi La Rona was meticulous. The diamond was so large that the team at Graff could not analyse the stone with their existing equipment. A new scanner was built specifically for this stone with custom software to cater for its size and scale. After months of analysis, the plan for cutting and polishing the diamond was agreed, and the cutting of the stone could begin.

 

It took two years to cut the Lesedi La Rona. The diamond was cut with state-of-the-art lasers and required hundreds of hours for the table facet of the principal stone alone. Polished by Graff’s team, the Lesedi La Rona finally yielded 67 diamonds, including a double record-breaking 302.37 carat square emerald cut – the world’s largest square emerald cut diamond.

This principal diamond was named the Lesedi La Rona, and also holds the world’s record as the largest diamond with the highest colour and clarity ever certified by the GIA, with D colour, and “high clarity.”  This stone was unveiled in November 2019, and is still owned by Laurence Graff

The Lesedi La Rona’s sister stone is also a record-breaking diamond. Named ‘The Infinity Diamond’ this stone is a 157.80 carat D colour heart-shaped diamond. It’s the world’s largest heart-shaped diamond of this quality.

Set into Graff’s Twombly tiara, the Infinity Diamond is still in the possession of Graff. The remaining 65 diamonds were offered for sale to Graff’s clientele in 2019, and prices for these pieces have not been published. Ranging from 1 to 26 carats, these stones all bear a GIA report number and ‘Lesedi La Rona’ laser inscription to the girdle.

 

The fate and value of the 2,942 carat Lucara diamond remains unclear. Speculations in the Financial Times have reported that the stone could be worth upwards of $40 million in today’s market. Who will be the buyer of the stone? And what record breaking and yield maximising configuration of faceted diamonds will be revealed? Perhaps the largest ever pear cut diamond (this would have to beat ‘The Rock’ at 228.31 carats – selling at Christies in 2019 for £17.7 million) or perhaps it will supersede the world records already set by the Lesedi La Rona, with a 303 carat + square emerald cut, or a 158 carat + heart cut. No further information has been released at this time, so we will wait to see the impressive yield that this crystal will produce! 

Jewels from the ‘Earl of Abergavenny’ Shipwreck Spark New Fascination

The infamous Earl of Abergavenny cargo ship sunk in 1805 off the coast of Weymouth with William Wordsworth’s brother John Wordsworth as the captain of the vessel. Known as one of the UK’s most horrific maritime disasters, the wreck involved the loss of 250 lives. Reaching the headlines 219 years later, the wreckage has now been granted protected status as of 14th August 2024.

The ship’s cargo, estimated at around £70,000 at the time, is said to be worth £7.5 million today. The Earl of Abergavenny was transporting over 60 chests of silver bullion as well as countless artefacts that were excavated in 1980 and now housed in the Portland Museum, Dorset. One such find was a single gold cufflink, bearing the initials J.W., and so widely assumed to be the possession of Captain John Wordsworth.

Titanic Relics – Waltham Pocket Watch Sets Auction Record
Titanic Relics – Waltham Pocket Watch Sets Auction Record

Captain John Wordsworth’s cufflink is not the only shipwrecked jewel to hit the headlines this year. In April, a gold pocket watch worn and recovered from Titanic passenger John Jacob Astor broke auction records with a hammer price of £900,000 at Henry Aldridge & Son. This auction result marks the highest price achieved for any single artefact recovered from the Titanic.

Waltham Pocket Watch
The 14ct gold Waltham pocket watch originally owned by John Jacob Astor. Sold in April 2024 for £1.1 million inclusive of fees. For reference, unassociated 14ct Waltham pocket watches are available to buy from £1,300-£6,500 on Chrono24.

The General Abbatucci ArtefactsThe staggering uplift in value for these remarkable survivors of unthinkable disasters is ever increasing. Historic Shipwreck sales include Christie’s 2009 sale of ‘The General Abbatucci Cargo’ which saw a sale total of over £280,000.

The General Abbatucci sank on 7 May 1869, sailing from Marseilles, France, to Civitavecchia in Italy. Believed to be carrying cargo destined for The Vatican, the wreck was found nearly 127 years later and much of the cargo sold through Christie’s South Kensington in a 270 lot sale featuring bullion, chains, watch cases and jewellery, mainly presented in group lots.

In the last couple of years, pieces from this remarkable 2009 sale have resurfaced, accompanied by their provenance and certificate of authenticity. Below is a fine Victorian watch chain, available to purchase from Bentley & Skinner for £7,750.

General Abbatucci Shipwreck
A Victorian gold watch chain from the General Abbatucci Shipwreck. Bentley & Skinner £7,750.

Two further lots to re-appear at auction in the last couple of years featured at Woolley & Wallis sales. These lots were catalogued together with their original lot numbers from the 2009 Christie’s sale, and can demonstrate a rise in value, even from an auction standpoint.

A mid-19th century gold cruciform pendant

A mid-19th century gold cruciform pendant, set with a cushion-shaped diamond, the cross decorated with layered and textured gold ivy leaves, 2.9cm wide. Sold for £551. Previously part of a group lot 28 in The Abbatucci Cargo Sale 7th October 1997, selling for £748 (both figures inclusive of fees).

A mid-19th century gold necklace

A mid-19th century gold necklace, of tubular construction, entwined in coiled wire, in yellow gold, 41cm long. Sold for £2,624. Previously lot 180 in The Abbatucci Cargo Sale 7th October 1997, selling for £863 (both figures inclusive of fees).

With the clear uplift in value and an enduring, timeless fascination with these surviving relics both in the auction and retail worlds, it will be highly interesting to see the long-term trajectory for these pieces. With such tales remaining at the forefront of the news this year, values and desirability of these rare historic pieces are set to rise even further, particularly for those items with clear provenance and traceability to historic sales such as the Abbatucci Cargo Sale. For an up-to-date auction valuation of your own treasures, do get in contact with our nationwide team of specialists.

 


To find out more about our jewellery valuation services, call us on 01883 722736 or read more here.

The rise of the ‘Divorce ring’

A new phenomenon?

A huge jewellery trend of 2024 has been the rise of the ‘divorce rings,’ propelled into the spotlight by none other than supermodel Emily Ratajkowski. Following her divorce from Sebastian Bear-McClard in 2022, she revealed that she had remodelled her ‘toi et moi’ diamond engagement ring into two separate rings via an Instagram post in March of 2024. The images of these two rings were simply captioned “divorce rings,” signalling and representing a transformation in her jewellery to coincide with the transformation taking place in her life. She explained to Vogue, “The rings represent my own personal evolution… I don’t think a woman should be stripped of her diamonds just because she’s losing a man.”

From the original engagement ring, set with pear cut and princess cut diamonds, Emily commissioned designer Alison Lou to create two separate pieces. Firstly, a single stone ring in a yellow gold setting for the pear to be worn on the little finger, and secondly a three stone ring from the princess cut, with additional trapezoid cut diamonds either side in a bi-colour setting. From one original engagement ring, these two complementary dress rings mark a transformational and empowering moment in her life, as she explained to Vogue “Somehow, these rings feel like a reminder that I can make myself happy in ways I never imagined.”

Although a seemingly fresh and somewhat viral idea of 2024 thanks to Emrata’s Instagram post, the repurposing of sentimental jewellery is nothing new. Throughout the early 20th century, wedding bands themselves were altered by jewellers both in America and the United Kingdom to signify a divorce.

It was Chicago-born Mrs Marina Parke who purportedly invented the notion of the ‘divorce ring’ in 1911, when she had her wedding ring from her husband Fred sized down to wear on the little finger of her right hand – she has been quoted to say that as a result “new acquaintances no longer enquire about your husband, and old friends who have not yet heard of the divorce, perceiving the ring, are saved from embarrassing themselves and you by asking awkward questions”.

In the UK, women were recorded as having their wedding bands altered variously – with zigzags cut through, resizing and worn on the little finger. Designs specifically for the little finger followed, including black enamel sections added to former wedding rings, the addition of a broken Cupid’s bow, or simply the word ‘FREE’ inscribed to the inside of the band. Moving into the 1930s, the divorce ring was “quite glamorous, shaped as a circle of diamonds or pearls, interrupted by a coloured gemstone. The breaking of the circle symbolised the severed marriage union.” (The Times).

The act of repurposing and re-wearing sentimental jewellery in this way does certainly add a degree of autonomy and transformation to a piece. There are of course instances in which remodelling jewellery can decrease value – especially when removed from a designer’s setting, altering an antique jewel, or when the heat of the jeweller’s torch poses far too much of a risk to the gem material encased within. In any case, it is highly recommended to seek advice from a specialist, and of course up-to-date valuations for any items to guarantee sufficient cover for your jewellery both before and after any alterations are made.

John Lennon’s Patek Philippe

The most iconic and elusive watch of all time?

Set to eclipse the hammer price of Paul Newman’s Daytona if this wonderful piece ever comes to auction, John Lennon’s Patek Philippe has been at the forefront of watch news for the past six months. Famously missing for thirty-four years, this iconic and elusive timepiece is currently embroiled in a near-decade long court battle in Geneva between Yoko Ono and an Italian collector, who purchased the piece via private treaty from former German auctioneers Auctionata. Set to resolve by the end of 2024, the outcome of this lawsuit is eagerly awaited by collectors and watch enthusiasts alike.

John Lennon’s ref. 2499 Patek Philippe watch was purchased just months before his death, as a gift for his 40th birthday from wife Yoko Ono. She purchased the 4th series 2499 from Tiffany & Co. in New York – cased in yellow gold, with the retailer’s signature on the dial, and possessing a single personalised engraving to the case back, which rather eerily reads, considering that Lennon was murdered just three months later:

(JUST LIKE)
STARTING OVER
LOVE YOKO
10 • 9 • 1980
N. Y. C.

The reference 2499 by Patek Philippe on its own is an incredibly rare and highly sought-after timepiece. Only 349 examples of this reference were ever made within a 35-year production run. This reference is largely considered amongst collectors to be the ultimate Patek Philippe – combining singularity and exceptional craftsmanship. Replacing the 1518, this perpetual calendar chronograph features the triple subsidiary dial, day and date aperture and pushers to 2 and 4, all within a 37mm yellow gold, rose gold and the rarest of all platinum case (only two platinum 2499s were ever made).

Following Lennon’s untimely death in December 1980, the watch was recorded and placed into storage. It is purported that from here the watch was stolen by Yoko Ono’s former private driver, Koral Karsan who was later charged in 2017. In 2014 however, the watch was sold through private treaty by Auctionata for €600,000 to an Italian collector.

The watch was subsequently taken to Christie’s Geneva, who contacted Yoko Ono’s solicitor to enquire about the watch and its provenance. It was at this point, nearly 35 years later that Ono discovered the watch had been stolen. In 2015 a contest was raised, and the watch was placed in a ‘consignment-escrow agreement,’ with each claimant declaring their rightful ownership of the watch. Now, nine years later the case has reached its final appeal at the Tribunal Fédéral, Switzerland, against a verdict that Ono is the owner of the watch. The case is expected to be settled within the year.

As the watch and pop culture worlds wait with bated breath to see the outcome of this court case and the eventual trajectory of the piece, it is natural that the market is reactionary, meaning that regular valuations are essential for any watch collection.

Prices for Patek Philippe ref 2499 are amongst the highest for the brand and continue to grow – a combination of their rarity, exceptional complication and place in the zeitgeist. Whether Lennon’s watch does make it to auction or not, the infamy and journey of this exceptional timepiece will surely continue to bolster and uplift the value of these rare timepieces.

Queen Charlotte from Netflix's Bridgerton and Queen Charlotte wearing a parure.

The Power of the Parure

The release of series 3 of Bridgerton on Netflix has provided viewers with a visual feast – brightly hued costumes, sensational floral displays, grand balls, outlandish wigs, and of course – some fabulous jewellery! Whilst adapted to the modern -day audience and of course not strictly true to Queen Charlotte’s time, this beautiful display of gem-set jewellery should quite rightly draw attention to the truly amazing pieces produced in the late 18th and early 19th century.

Seen throughout the series and most ostentatiously on Queen Charlotte herself is the parure. Deriving from the French ‘parer’ ‘to adorn,’ the Parure refers to a set of jewels intended to be worn together.

The Bridgerton books by Julia Quinn are set between 1813 and 1827, covering the Regency period and beyond. By this time, parures set with precious and semi-precious stones were worn for court and formal occasions, with an abundance of jewellery at the very height of fashion.

Jewellery in Bridgerton - Queen Charlotte

The finest parures and demi-parures would consist of hair ornaments, necklaces, earrings, bracelets, bodice brooches and stick pins set with aquamarine, topaz, citrine and amethyst. Owing to their age, many parts and the frequent remodelling of jewellery over time, complete parures in their original form, with fitted cases are relatively rare and ever-increasing in value.

As seen in the aquamarine example above, fashionable, pastel-coloured gemstones such as aquamarine, pink topaz, and golden topaz were set within richly hued cannetille settings. Particularly sought-after at auction and therefore increasing in value are pink and golden topaz, whether in closed or the later open back settings.

A sub-section of Georgian jewellery that can very frequently be undervalued or even be dismissed as costume jewellery is paste jewellery. Although set with glass instead of crystalline material, this colourful and vibrant jewellery is increasingly sought-after by collectors. Paste is a notoriously soft material, prone to scratches and chips particularly if stored with other jewellery, so survivors of paste jewellery from this time command a premium. As seen with the following two examples, blue paste in particular has been performing incredibly well at auctions, but examples in all colours can be found in jewellery boxes up and down the country!

Rivière necklaces have very much had the spotlight on the latest series of Bridgerton, with the ‘diamond of the season’ Francesca Bridgerton adorning an array of these classically elegant and universally adored necklaces. Set with a wide range of gemstones, from diamonds to agates to cameos, the rivière necklace consists of a gently graduated pattern and continues in popularity to the modern day! As seen in the example below, rivière necklaces from this time period are frequently seen with a hoop surmount to the principal stone, allowing for the addition of a drop pendant. Values can depend upon the age, condition, gemstone identity, saturation, settings and carat weight.

For an up-to-date, confidential valuation of your Bridgerton-era jewellery by our nationwide, specialist team, contact us.

Jewellery Valuation

Designer Jewellery Trends – An Upward Curve?

There is no doubt that values in the designer jewellery field have seen uplifts in the past few years. A unique combination of the Post Pandemic luxury goods ‘boom’, an exponential rise in social media influences on buying patterns, wider inflation and bullion prices have all contributed to an incredibly buoyant and enduring atmosphere.

Similarly to the trends seen over the last couple of years in the watch market, particular designer jewellery brands saw a huge increase in popularity, visibility, and subsequent demand on the secondary market, with only a slight respite towards the end of 2023 (Reuters).

Coupled with retail prices ever increasing, the value of these ‘hot’ designer items have been pushed up on the secondary market. Value factors include condition, whether the piece has its box, and the perceived popularity or rarity of any gemstones used in the design.

Cartier

Whilst Cartier’s growth in the retail sphere appeared to be easing towards the end of last year, share prices and figures released in January 2024 display a definite upward curve driven by demand in Asia. This healthy overall trajectory has filtered down to the secondary market, with Cartier items at auction demonstrating a strong sales rate and frequently exceeding estimate.

‘Love’

The last retail price increase for Cartier was implemented in early 2023, with prices rising from anywhere between 3% to over 10%. The most sought-after and iconic collections naturally increased the most, with Pursebop estimating the retail price of an 18ct white gold Love Bracelet set with four diamonds increasing 7% to £12,200.

The Cartier ‘Love’ bangle is one of the most popular items of jewellery ever designed. Created by Aldo Cipullo in 1969 and were referred to as a ‘modern love handcuff,’ only removable with the help of a mini screwdriver.

Worth noting that some designs, including Aldo Cipullo original LOVE jewels from the 1960s onwards will always command a premium for their place in the brand’s design history. Another 1960s design by Cipullo to continue to grow in retail price is the Juste Un Clou, with a ‘small’ diamond set bangle selling for £4,850, and a diamond-set choker necklace now retailing at £105,000.

Cartier Trinity

This year, to celebrate 100 years of the Trinity Collection, Cartier has released two new designs, a re-edition of the XL bracelet and an XL version of the iconic ring. Maintaining the timeless appeal and enduring relevance of this beautiful collection has seen values continue to rise over decades, resulting in a classic collection that is still coveted a century after its creation.

Van Cleef & Arpels

Another designer jewellery brand under the Richemont umbrella is Van Cleef & Arpels. Van Cleef & Arpels was established in 1895 following the marriage of Estelle Arpels, daughter of a dealer in precious stones, and Alfred Van Cleef, son of a lapidary. Creating masterpieces such as the ‘invisible setting,’ the minaudière, and the zip necklace, this iconic jewellery house is perhaps best known in present times for the ‘Alhambra’ collection. Indeed, according to statistics by retailer Watch Pilot, in 2023, the Van Cleef Alhambra bracelet was the most Google searched item of jewellery by category.

VCA Alhambra

Designed in 1968 by Jacques Arpels to be symbolic for luck, the Alhambra Collection is designed around a series of quatrefoil ‘four leaf clover’ panels. Varying in designs with quantity, size, and gem material, these beautifully set clover shapes are truly emblematic of the brand. Worn by royalty and celebrities to include the likes of Princess Grace of Monaco, Elizabeth Taylor, Kate Middleton and many more, the Alhambra collection possesses a truly timeless appeal.

Since 2022, the retail price for an 18ct gold Alhambra bracelet with five mother of pearl motifs has increased by 5.3% to £3,950.

At auction, the Van Cleef Alhambra pieces that well exceeded estimates were limited edition runs and unique pieces that were impossible to procure from the retail market.

One such example was a striking collar necklace, formed from openwork Alhambra links in 18ct yellow gold, selling at Bonhams in 2022 for £50,000 against a £12,000-15,000 estimate.

Boodles

Boodle & Dunthorne was established in Liverpool in 1795, gaining a reputation as one of Britain’s finest jewellers. Rebranding to ‘Boodles’ in 2004, this coveted brand has designed several sought-after jewellery collections that continue to enjoy increases in value as the years go by. Collections such as the Velocity, Blossom, and Raindance are all designed and handcrafted in-house from Boodles’ workshops in the heart of London.

Raindance

Designed in 2000 and inspired by a trip to the Chelsea Flower Show in which Head of Design Rebecca Hawkins admired the way light played on raindrops, the Raindance Collection is seen as one of the brand’s most iconic collections. Indeed, the Victoria & Albert Museum has a Raindance ring on display as part of their ‘Best of British Design’ permanent exhibition.

Featuring a series of collet set diamonds in varying sizes and angles, these beautiful jewels are retailing from £3,400 for a single band set with three circular rubies or sapphires and a pair of brilliant cut diamonds. At the top end of the spectrum is the Raindance ‘Chelsea’ bracelet, set with over 15 carats of colourless and fancy pink diamonds at £134,400.

Celebrating its 20th anniversary in 2020, Boodles released a limited-edition ring, set in platinum and 18ct rose gold with colourless and Argyle pink diamonds. Varying in carat weights, these limited edition pieces will continue to grow in value and hold their own at auction. In 2023, one such example with approximately 2.80cts of diamonds sold at Tennants Auctioneers for £19,000. Meanwhile, a version of the design on Boodles website set with 4.25cts is available for purchase at £84,000.

To conclude, exquisitely constructed and expertly finished jewellery will always possess a value, and continue to rise according to demand, popularity and inflation over time.

Although trends and fashionable collections will alter and vary over the years, items from the premier jewellery houses, in good condition and with original boxes will retain a demand from collectors, designer jewellery lovers and indeed those new to the market. Pieces that possess an unusual or rare aspect, such as an early piece from the collection, limited edition runs, and unexpected gemstones can expect to exponentially increase in value over time.

With the clear discrepancy between open market value and retail replacement value, it is essential that clients are equipped with adequate cover for their items. For a specialist, informed and up to date valuation of your jewellery collection, contact our experienced, nationwide team at Doerr Dallas Valuations.


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

 

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].