Gems on Auction

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In the next month both Christie's and Sotheby's have some exceptional gems on sale.

First up is Christie's, leading their April 22nd sale with 2 historical stones.  The "Catherine the Great Emerald" is a 60ct (or so) irregularly shaped faceted Colombian emerald surrounded by old-mine cut diamonds and set in a gold/silver broach.  It was in her collection when she took the throne in 1762, and she then gave it to Sophie Dorothea,
princess of Württemberg, in 1776 when she married the future Tsar Paul I, Catherine's son.

cathrine.jpg

Part of the same sale is the Maximilian Diamond, a 40ct white diamond with quite a checkered past. Archduke Maximilian bought the stone in 1860 in Brazil, shortly before he was installed as Emperor of Mexico under the patronage of Emperor Napoleon III of France. Under diplomatic pressure from the US, France abandoned him, leaving him to be arrested by Republican forces led by Benito Juárez. According to legend, he was wearing the diamond in a small pouch around his neck when he was executed, by firing squad, in 1867.

After being returned to his widow, Princess Charlotte of Belgium, it was sold several times until ending up at Christie's in July of 1982. It was bought by Laurence Graff (previously mentioned) for $726,000, who resold it with two other important stones to Imelda Marcos, notorious first-lady of the Philippines.

maxmillian.jpg (both pictures from Paris Joaillerie)

Sotheby's has a impressive necklace set with 100ct of color-matched flawless yellow diamonds
yellow_river.jpg

And an unusual 1984 Cartier Panthere watch, with the dial hidden beneath the cat, from the collection of Patricia Kluge.
cat_watch.jpg (both pictures from Paris Joaillerie)
(historical notes from Rappaport)

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The Graff Diamond Company(previously mentioned), which sells some of the most impressive stones you're ever likely to see in a store you can go into, has postponed it's weird IPO indefinitely.  The idea of the IPO was to raise enough cash... Read More

I'm not sure why, but the New York Times Magazine Blog decided we needed a selection of Emerald rings. Stephen RussellAspryKwaitFred Leighton (see previous)Solange Azagury-Partridge (previously mentioned), $18,200Graff (previously mentioned) 22.93-cara... Read More

Unknown to the watch-collecting world until its appearence in the current Christie's (previously mentioned)auction, the oldest Patek Philippe(see previous) grand complication, was made in 1898 and sold in 1900 to Stephen Palmer for 6'000 CHF. It has be... Read More

An answer to the often-asked questions about colored diamonds versus other colored precious stones: Yellow Sapphire Ring (13.96ct, estimate: $15,000-$20,000) (lot 188) Yellow Diamond Ring (5ct, estimate: $60,000-$80,000) (lot 153) Both are for sale at ... Read More

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This page contains a single entry by Aaron Macks published on March 26, 2010 5:38 PM.

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