Bold and beautiful: Colored gemstones shine at Heritage Auctions in May

The First Art Newspaper on the Net    Established in 1996 Wednesday, May 29, 2024

Bold and beautiful: Colored gemstones shine at Heritage Auctions in May
Alexandre Reza Colombian Emerald, Diamond, Gold Bracelet, French, circa 1974. Estimate: $125,000 - $150,000.

DALLAS, TX.- Nothing sparkles like a diamond, it's true, but nothing makes a statement like a stunning colored gemstone. For proof, look no further than Princess Diana's brilliant blue sapphire engagement ring. The ring, one of the most recognizable pieces of jewelry in history, turned heads in the 1980s and continues to do so now that it's worn by the new Princess of Wales, Kate Middleton. Though the vibrant hues of the Big Three – sapphires, emeralds and rubies – still reign supreme in collections the world over, other colorful gems, including deep-red spinels and nearly neon Paraiba tourmalines, also stand out in a crowd. During Heritage Auctions' May 8 Spring Fine Jewelry Signature® Auction, the Big Three join spinels, tourmalines, and more to make up the largest selection of unmounted colored gemstones Heritage has ever offered in a jewelry auction.

The single-owner Edgehill Collection constitutes the majority of the unmounted gems and includes striking stones such as a 33.56-carat Ceylon sapphire (estimate: $200,000-$300,000), a 40.19-carat Madagascar sapphire (estimate: $80,000-$100,000), a 6.55-carat Burma ruby (estimate: $50,000-$75,000), a 42.66-carat Colombian emerald (estimate: $50,000-$75,000), a 17.94-carat Zambian emerald (estimate: $40,000-$60,000) and a 12.57-carat red spinel (estimate: $6,000-$8,000).

Another featured collection, Property from the Estate of a Colorado Collector, also includes several gorgeous unmounted colored gemstones. Among the assemblage are rare Paraiba tourmalines, including two oval-shaped examples – a 2.64-carat stone ($40,000-$60,000) and a 2.14-carat stone (estimate: $20,000-$30,000) – as well as two pear-shaped examples – a 3.12-carat stone (estimate: $40,000-$60,000) and a 2.58-carat stone (estimate: $40,000-$60,000). All are in eye-catching shades of blue and green.

"We are absolutely thrilled to offer so many beautiful colored gemstones in our spring auction," says Jill Burgum, Executive Director of Fine Jewelry at Heritage. "Vivid colors are known for their mood-boosting qualities, and these gems would be feel-good additions to any collection. That said, we also have plenty of great diamonds available, from one carat to more than 12 carats, as well as some exquisite creations by the likes of Alexandre Reza and Marianne Ostier."

Diamonds, in fact, make up some of the auction's most exciting lots. Showstoppers include a diamond and platinum ring featuring an 8.56-carat cushion-shaped diamond (estimate: $225,000-$250,000) and a diamond and platinum ring with a 5.02-carat emerald-cut diamond (estimate: $150,000-$175,000).

Diamonds also make an appearance in a spectacular 18k gold watch previously owned by the equally fabulous and legendary performer Liberace. The diamond-encrusted watch (estimate: $10,000-$15,000) features an intricate organic pattern of twisted gold and nude female bodies. With more than three carats of diamonds and weighing more than 250 grams, the extravagant timepiece is a fitting reflection of its former owner.

Among the other highlights of the May 8 auction are rare and highly sought-after designer jewels by the exclusive Parisian jeweler Alexandre Reza, preeminent Boston goldsmith F.G. Hale and acclaimed New York jewelry designer Marianne Ostier. Gracing the cover of the auction catalog is the most dazzling of the bunch: an Alexandre Reza Colombian emerald, diamond and 18k gold bracelet (estimate: $125,000-$150,000). The circa-1974 bracelet, which includes more than 25 carats of emeralds and more than 38 carats of diamonds, is featured in Vivienne Becker's 2012 book Alexandre Reza. Other designer standouts include an F.G. Hale Arts & Crafts multistone and 18k gold necklace (estimate: $5,000-$7,000) and a Burma ruby, diamond, cultured pearl and platinum necklace (estimate: $20,000-$30,000) by Marianne Ostier, who wrote these enduring words of the classic jewelry choice: "There is hardly ever an occasion on which a properly chosen pearl necklace is out of place."

Today's News

April 16, 2023

Yes, people will pay $27,500 for an old 'Rocky' tape. Here's why.

Gagosian London exhibits new works by Richard Wright

Rare Proof of 1829 Half Eagle leads Harry W. Bass Collection, Part III, at Heritage Auctions

The art collection of music industry legend Mo Ostin unveiled at Sotheby's

A selection of rare 18K gold Omega chronographs among items in Space Exploration and Aviation auction

Heritage's May 9 auction features legendary offerings from D.C.'s famed The Guitar Shop

Edward Koren, 87, whose cartoon creatures poked fun at people, dies

Christie's Hong Kong to offer the Cissy and Robert Tang Collection of Chinese Classical Furniture

Solo exhibition by Los-Angeles based artist Richard Nam opens at Praz-Delavallade Projects

National Gallery of Art acquires work by Vera Lutter

Hermès Diamond Himalayan Kelly, one of the rarest handbags ever created, lands at Heritage Auctions

Christie's announces new grant for Nazi-era provenance research

Bold and beautiful: Colored gemstones shine at Heritage Auctions in May

How Broadway theater owners are trying to block a Times Square casino

Review: Ayodele Casel shares the floor with varied visions of tap

One of 35 known 'Watermelon' $100 bills among refreshing offerings at Heritage Auctions' CSNS currency event

'I Raised Them!' Nina Ananiashvili's Georgian dancers come to town

K-Beauty's brush with fine art

The Phantom of the Opera

How To Have A Cultured Trip To London

Museums, Exhibits, Artists, Milestones, Digital Art, Architecture, Photography,
Photographers, Special Photos, Special Reports, Featured Stories, Auctions, Art Fairs,
Anecdotes, Art Quiz, Education, Mythology, 3D Images, Last Week, .


Ignacio Villarreal
(1941 - 2019)
Editor & Publisher: Jose Villarreal
Art Director: Juan José Sepúlveda Ramírez
Writer: Ofelia Zurbia Betancourt

Royalville Communications, Inc
Founder's Site. Hommage
to a Mexican poet.

The First Art Newspaper on the Net. The Best Versions Of Ave Maria Song Junco de la Vega Site Ignacio Villarreal Site
Tell a Friend
Dear User, please complete the form below in order to recommend the Artdaily newsletter to someone you know.
Please complete all fields marked *.
Sending Mail
Sending Successful