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auction

 

A large diamond ring is expected to fetch £350,000 at auction, 30 years after it was purchased by the owner at a car boot sale for £10.00.


The owner believed the "exceptionally sized" stone was costume jewellery when she bought it at West Middlesex Hospital in Isleworth, West London, in the 1980s. The owner was unaware of its true value and wore it for decades without knowing that it was, in fact, a 26ct cushion cut diamond from the 19th century.


The stone is to go under the hammer at Sotheby's on July 7th. The auction house's head of London jewellery department Jessica Wyndham said 'The owner would wear it out shopping, wear it day-to-day. It's a good-looking ring. But it was bought as a costume jewel. No-one had any idea it had any intrinsic value at all. They enjoyed it all this time.
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'They'd been to quite a few car boot sales over the years. But they don't have any history of collecting antiques and they don't have any history of collecting diamonds. This is a one-off windfall, an amazing find.'

Ms Wyndham said that after around 30 years of wearing the ring, the owners bought it into Sotheby's after a jeweller told them it could have substantial value.
'They came in with the idea that it might be real and they had no idea of its value,' she said.'We had a look and said ...'I think that's a diamond and we got it tested at the Gemological Institute of America.'

She added: 'The majority of us can't even begin to dream of owning a diamond that large.'


Wyndham said the owners, who did not want to be named, are "incredibly excited. Anyone would be in this position. It's a life-changing amount of money. No matter what your background is or what your past experiences have been, it's going to revolutionise someone's life".


The diamond is thought to have been cut in the 19th century but its history and how it arrived at the car boot sale are unknown.

 

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A guest on BBC One’s Antique Roadshow was astonished to discover that her family heirloom was worth a staggering £150,000.00.

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The lady who brought the bracelet along to be assessed by Geoffrey Munn, the shows jewellery specialist, explained that she did not know where it came from, but that she had inherited the piece from her mother in law. She said, “It was bought for her by her husband, who may have bought it in an auction. He travelled a lot around the world so he may have purchased it anywhere on his travels.”

Antique's expert Mr Munn was visibly impressed with the piece and said, “This is like a collision of art and intrinsic value. There’s a sort of atomic explosion as they crash together because this is what everybody wants” He said, “I don’t know about you but I’m nearly fainting”

Mr Munn believed the art deco bracelet was made between 1927 and the early 1930s. And revealed that the bracelet was worth £150,000.00. The owner & audience gasped in amazement before she broke down in tears.

"It really was the last gasp of luxury at that level, really," said Mr Munn of the bracelet. "We never saw it again after the Second World War. This was bought for sheer pleasure."

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A 59.60 carat pink diamond, named the Pink Star is to be auctioned in Hong Kong on April 4th, as part of Sotheby’s Magnificent Jewels auction and is expected to fetch $60 million.  

The oval pink mixed cut diamond is the largest Internally Flawless, Fancy Vivid Pink diamond ever graded by GIA. The stone is also a Type IIa diamond, which is the most valued and purest type of diamond, with less than two percent of all gem quality diamonds given this classification.

The Pink Star was mined by De Beers in 1999 and weighed 132.5 carat in the rough. Due to the exceptional rarity of the stone, it took almost 2 years to plan, cut, polish and finish the stone.

April 4th 2017 isn’t the first time the Pink Star has been offered by Sotheby’s at auction. In 2013 the Pink Star was auctioned in Sotheby’s Geneva sale and was bought by a New York-based diamond cutter for $83 million. According to reports the auction price was never settled by the buyer and was returned to Sotheby’s catalogue. 

David Bennett, Worldwide Chairman of Sotheby’s Jewellery Division said, “At a time of unprecedented demand for the finest in coloured diamonds, I am delighted to be bringing this magnificent stone back to the market.” “The extraordinary size of this 59.60-carat diamond, paired with its richness of colour, surpasses any known pink diamond recorded in history.”

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A fancy deep blue diamond ring that belonged to former child star Shirley Temple is to go up for auction next month and is expected to sell for $25-35 million at Sotheby’s Magnificent Jewels Sale in New York on the 19th April.

Worn by ‘Amercia’s Little Darling’ throughout her life and bought by her father in early 1940, around the time of her 12th birthday & premier of her film The Blue Bird for $7,210. The cushion cut 9.54ct fancy deep blue diamond remained in Shirley Temple’s collection until her passing in 2014. A private buyer bought the ring from her estate, and has offered the ring for sale in its original Art Deco setting..

 

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                                                                                                                                                     Courtesy of Sothebys 

Frank Everett, Sales Director of Sotheby’s Jewellery Department in New York, commented: “It’s a privileged occasion when we are entrusted with a stone of such exceptional quality and rarity. It’s rarer still that a stone would tell as compelling a story as The Shirley Temple Blue. Shirley Temple helped to lift America’s spirits out of the Great Depression, and served her country in many capacities throughout the remainder of her life. Her ring and its original Art Deco setting recall a time when she was nothing short of the biggest movie star in the world”.

 

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Hong Kong’s sixth richest man Joseph Lau bought the rare 12.03 carat cushion shaped blue moon diamond  for his seven year old daughter at Sotheby’s last week, and renamed it the “Blue Moon of Josephine” after her.

It has also been confirmed that Mr Lau, was the anonymous buyer of the 16.08ct vivid pink diamond that sold at Christies for £19 million the previous day, which he renamed “Sweet Josephine”. The flamboyant Hong Kong billionaire spent a whopping £51 million in two days.

In 2009, Mr Lau bought another blue diamond for his daughter – the 7.03ct “Star of Josephine” paying what was then then a record of $9.5 million.

The Blue Moon of Josephine is said to be among the largest know vivid blue diamond. The diamond was found in South Africa in January last year and its striking blue colour is attributed to the presence of the element boron within its crystal structure. It was named "Blue Moon" to reflect its rarity.

David Bennett, the head of Sotheby’s international jewellery division, said the “Blue Moon” sale broke several records and made the gemstone the most expensive diamond, regardless of colour, and the most expensive jewel ever sold at auction. It also fetched the highest-ever price per carat, he said.

The previous record was held by the Graff Pink of 24.78 carats, sold by Sotheby's for £30 million in November 2010.

"For me the Blue Moon was always the blue diamond of my career. I've never seen a more beautiful stone – its shape, colour and purity. It's a magical stone," Mr Bennett said.

Experts say the market for coloured diamonds has become increasingly strong in recent months, with both blue and pink diamonds attracting a lot of attention in jewel sales in Geneva.

Coloured diamonds are among the rarest in the world, even ones that are not particularly vivid or clear.

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Auction house Christie's has sold the largest vivid pink diamond to be offered at auction for a record 28.7m Swiss francs (£19m).

The cushion-shaped vivid pink diamond, set a new world record for any vivid pink diamond at 16.08cts. The stone is set with a double row halo of pavé-set white diamonds and a third row of pink diamonds underneath. The ring was purchased by a private Asian buyer, whom named it "The Sweet Josephine" after the sale.

Rahul Kadakia, international head of Christie's jewellery department, said: "Selling the largest vivid pink cushion-shaped diamond to come to auction is a privilege and to sell it for a new world auction record price is a strong indication that there is still demand from clients from the end of the market for these truly precious stones."

 

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Once the largest know diamond, and worth a reported £100m, the Koh-i-Noor Diamond which is part of the British crown jewels is wanted back by India.

Bollywood stars and businessmen have united to instruct lawyers to begin legal proceedings in London's High Court to return the Koh-i-Noor diamond back to India.
The group, whom have named themselves the "Mountain of Light" after the translation of the stone's name, claim that the 105 carat diamond was stolen from its true home in India and are demanding the UK Government returns it.


The Koh-i-noor was first recorded in 1306. Rulers fought over it for centuries before Britain took it as part of the Treaty of Lahore, when Britain took control of the Punjab in 1849. The Jewel was seized by the Empire's East India Company as one of the spoils of war and was presented to Queen Victoria in 1850.


The Koh-i-noor was mounted into Queen Victoria's crown among 2000 other diamonds. It passed to consorts Queen Alexander in 1902 and Queen Mary in 1911 for their coronation crowns and then to the late Queen Mother in 1937, being set in a Maltese Cross. The Queen Mother's crown is on display in the Tower of London.


Indian and Pakistani authorities have long demanded the diamond's return. In 1976, prime minister Jim Callaghan refused a request to hand it back, writing: 'I need not remind you of the various hands through which the stone has passed over the past two centuries, nor that explicit provision for its transfer to the British Crown was made in the peace treaty with the Maharajah of Lahore which concluded the war of 1849. 'I could not advise Her Majesty the Queen that it should be surrendered.'

Historian Andrew Roberts told the Mail on Sunday: "Those involved in this ludicrous case should recognise that the British Crown Jewels is precisely the right place for the Koh-i-Noor diamond to reside, in grateful recognition for over three centuries of British involvement in India, which led to the modernisation, development, protection, agrarian advance, linguistic unification and ultimately the democratisation of the sub-continent."

According to legend, the gem can only be worn by God or women, and whoever wears the jewel will become extremely powerful, but if a man wears it, he will meet an unfortunate end.


The UK Government has so far rejected the claims.

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Opal is derived from the Roman term “Opalus” meaning “precious stone”.

Opal the October birthstone exhibits a vibrant spectrum of colours, as you move the stone you will see flashes of colour, this phenomenon is called play-of –colour. An Opal may show a single colour, two, three or all colours of the rainbow. If an opal has all the colours of the rainbow, it is very rare and valuable.

According to legend, Cleopatra is said to have worn a magnificent set of opals to attract Mark Anthony, ruler of Rome. Queen Victoria was a collector of the gemstones, one of the many rulers who wore crowns encrusted with the gems to protect them against evil and enemies .Other nations believed that the opal was considered a gemstone that brought immense fortune to the wearer. As a result the stone was considered lucky.

The Opal, is thought to have healing properties and it is believed to be effective in curing eye infections, enhancing ones creativity, calming nerves and strengthens memory.

 

Famous Opals

The “Olympic Australis” is an extraordinary & unique Opal that is reportedly the largest and most valuable Gem Opal ever found. Weighing 17,000 carats and is currently valued at AUD$ 2,500,000.00. The gem is 11 inches long, with a height of 4 ¾ inches, and a width of 4 ½ inches. This extraordinary gem opal is housed in a special safe at Altmann & Cherny’s showroom in Melbourne.

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The Red Admiral or “Butterfly Stone” was discovered during World War I on the “phone line” field and weighs 51 carats.  In 1920 the stone was given the name “Butterfly” because of its resemblance to the British butterfly, the Red Admiral.  

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The Fire Queen Opal, found in 1906 by Charlie Dunstan and originally named "Dunstan's Stone" (Later renamed to "The Fire Queen"). The gem weighed in at about 6.5 oz. or nearly 900 carat and was alive with colour a marvellous gem.

 Charlie Dunstan sold the gem for a small sum of £100 to an unknown buyer on a trip to Angledool, the story goes that Dunstan got drunk and "lost" two other big stones. In November 1910, Charlie Dunstan was found dead in his hut from a gunshot wound to the head. The verdict was that he had committed suicide.

After being originally sold for a mere £100, the stone changed hands several times, each new buyer finding it difficult to sell as there was hardly any market for big black opals in those days. By 1928, the Chicago Museum, valued the gem at £40,000 after being renamed "The Fire Queen". In the 1940's, it was then resold to J.D. Rockefeller for £75,000, who donated the gem to his prestigious family collection.

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Halley's Comet Opal is recorded in the Guinness Book of Records as the world's largest uncut black opal. The massive stone was found by a group of opal miners on the Leaning Tree Claim atLightning Ridgeknown as "The Lunatic Hill Syndicate" about the time "Halleys Comet" appeared in Australian skies.

The opal weighs 1982.5 carats and measures 100 x 66 x 63 mm, or 4 x 2-5/8 x 2-1/2 in. Halley's Comet was for sale in 2006 for AUD $1.2 million. The gem has a thick gem quality green and green/orange colour bar and is the largest gem to be found at Lightning Ridge to date

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There was great excitement around the Bonhams Fine Jewellery sale on Thursday, with the auction of the Hope Spinel, which has not been offered for sale in 98 years. 

The rare and historic gemstone smashed its pre-sale estimate of £150,000-£200,000 as a result of competitive bidding on the phones. It sold for an atonishing £962,500, achieving a new world record price of $30,000 per carat. This gem was bought by a private telephone bidder.

 

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The “Hope Spinel,” once owned by the world’s greatest gem collector Henry Philip Hope, whom also owned the Hope Diamond, until his death in 1839.

The rare British owned gemstone which is steeped in history and intrigue is to be offered for sale for the first time since 1917, when it sold for £1,060.00, which is the equivalent of £80’000.00 in today’s money.

The auction is likely to be one of the most eagerly-anticipated jewellery events of the year. Interest is high among collectors, jewellery lovers and those looking to invest in a unique jewel. Auctioneer Bonham’s is expecting bids in the region of £150,000 to £200,000 for the treasure.

Set in a 19th century silver and gold brooch, the huge 50.13 carats octagonal-cut stone is the size of a small plum and of similar colouring with a splendid rose hue.

The incredible transparency and impeccable cut of the Hope Spinel mean it is classed as an "exceptional treasure" - but its provenance is equally fascinating.

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Choosing and purchasing your wedding rings is a milestone occasion for both the bride and groom to be. The wedding ring is a show of real love and commitment to each other, a circle which symbolises eternity, with no beginning or end.


Unlike the engagement ring, we tend to find that the wedding rings are perhaps not as fretted or deliberated over months beforehand, and can often be something of an afterthought. But as it will be a piece of jewellery worn by you both for the rest of your lives, we feel it most certainly pays to spend that little more time finding what's perfect for you both. Take some time to research, review and compare prices. You may both decide that as these will be your forever rings, the idea of a custom made wedding rings is the right choice for you both.

With such an array of options, we at Icecooldiamonds.com have narrowed down the basics for you, which should start you on the road of choosing the perfect his and hers wedding rings.

 

Profiles

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There are a wide range of wedding ring profiles available. We have put together a list and description of each of these profiles to guide you in your choice:

Court wedding rings are rounded on both the inside and outside and offer a more comfort fit, and are popular for his and her wedding rings. Court wedding rings are ideal for diamond setting too.

Flat court wedding rings have a flat square profile from the top and are rounded on the inside to give extra comfort. The Flat wedding ring has a more modern and contemporary look and again is ideal for diamond setting.


D-Shape wedding rings are rounded on the outside and flat on the side.


Flat wedding rings are very much the same as flat court, but are flat both on the inside and the outside. This wedding ring allows for a lower profile to that of the Flat Court.

All wedding ring profiles come in medium to heavy weight, which your jeweller can show you examples of.

 

Widths

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There are no wrong or rights when selecting the width of your bands, it is purely down to personal preference.

Ladies Wedding Ring


It is always a good idea to consider the width of your engagement ring first of all. Some ladies prefer the wedding ring to be identical in width, while others it's a matter of taste and style


Men's Wedding Ring


Men's wedding bands are available in 3, 4, 5, 6, 7 & 8mm widths, with 5 & 6 mm being the most popular. For men it is more important to take into consideration the size and length of your hand and fingers in order to choose the width that best suits you. Ultimately the width of your wedding ring is down to what feels comfortable for you.

 

Metal Choice


Gold


Gold can be mixed with other metals to create different colours such as white and rose gold.


Gold is both ductile and malleable, making it easy to craft into jewellery.


Gold purity is measured in Karats (not to be confused with carats a measurement of gem stones).

Gold purity is expressed in millesimal fineness, which refers to the gold content in 1,000 parts of a bar. For example, a bar designated with "995 fineness" is 995 parts gold and 5 parts other alloys.


24ct gold is 99.9% pure gold
18ct gold is 75% gold.
14ct gold is 58.8% gold
9ct gold is 37.5% gold.

 

Platinum

The most popular for engagement rings and wedding rings.


Naturally white metal that will never fade or change colour.


One of the rarest metals, but with rarity comes expense.


Platinum is 95% pure.


It's hypoallergenic

 

Palladium

New to the market and part of the platinum family which makes it similar to platinum as it is hard wearing, natural white metal, durable & hypoallergenic


Lighter than platinum and therefore one of the more cost effective metals on the market today.

 

Finish

The finish of your wedding ring is something you may not have thought about, as there are so many other factors to consider. Here is a list of finishes to help you decide what's best:


Polished Finish


The most popular of finishes is the highly polished. Bright and reflective to set off any jewel or gemstone.


Brushed & Satin Finished


The brushed and satin finish is more popular for men's wedding rings. The finish is ideal for heavy duty wear. A more subtle and modern look.


Hammered Finished


Hammered into the surface of the ring during manufacture, creating a textured pattern.

Diamonds


Diamonds were once said to have magical powers to bring about love, purity and eternity, so it would seem the sensible option to add a diamond to his and hers wedding bands, even if it is hidden on the inside as part of the engraving maybe!

 

Design your own wedding ring


There isn't anything more special than designing your own wedding bands, which allows you to select all of the options without having to compromise.


To view our selection of wedding rings visit http://www.icecooldiamonds.com/wedding-bands


Or why not come in to our showing room near London, Hatton Garden to discuss your wedding rings in detail and perhaps the options of creating bespoke wedding rings. Call us to arrange your appointment on 020 7936 4007.


Here are a few of our bespoke wedding ring commissions

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The Ultimate 100 carat Internally Flawless Emerald Cut Diamond expected to fetch $25M at auction. 

 

Sotheby’s unveiled a diamond unlike any other offered before it. The exceedingly rare 100.20 carat, internally flawless, D colour, perfect emerald cut diamond will go on sale today at Sotheby’s New York, and is expected to fetch in the region of $19 – 25 million.

"This 100.20-carat diamond is the definition of perfection. The colour is whiter than white. It is free of any internal imperfections," Sotheby's New York jewellery department head Gary Schuler said in a statement, likening its transparency "to a pool of icy water."

The diamond was mined in South Africa and weighed over 200 carats in its rough form. It took over a year of planning and decision making before arriving at this miracle of nature, displaying the pure masterpiece of human skill and artistry. 

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And wow.......what a sparkler it is!! Lady Gaga proudly showed off her stunning heart-shaped diamond engagement ring on Monday after accepting

her boyfriend Taylor Kinney's marriage proposal on Valentine's Day.

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The newly-engaged couple were seen celebrating afterwards with a romantic dinner at Lady Gaga's family restaurant Joanne Trattoria on Manhattan's upper west side. The couple first met four years ago when he starred in her You and I music video. 

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Our latest Bespoke Diamond Engagement Ring from Icecool Diamonds.

18ct yellow and white gold diamond engagement ring set with a cushion cut natural fancy yellow diamond.

All our items are designed and made by hand, by the very finest craftsman in London, Hatton Garden.

To start creating your very own bespoke diamond jewel come visit us www.icecooldiamonds.com or call us on 020 7936 4007. 

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Here are some interesting Valentine’s Day facts: 

 

  • The most popular theory about Valentine’s Day origin is that Emperor Claudius II didn’t want Roman men to marry during wartime. Bishop Valentin went against his wishes and performed secret weddings. For this, Valentine was jailed and executed. While in jail he wrote a note to the jailors daughter signing it “ from your Valentine” 

 

  •  In Finland Valentine’s Day is called Ystävänpäivä, which means “Friends Day”

 

  • In Victorian times it was considered bad luck to sign a Valentine’s Day card.

 

  • The “x” became the signature of choice in the Middle Ages, a time when few people could write, and documents were sealed with an x embossed in wax or lead. At the same time, letters and books, as well as oaths of political and economic fealty between kings and their vassals, were “sealed with a kiss” — an early antecedent of the acronym SWAK, which became popular during World War I for soldiers to imprint on their letters home.

 

  •   In 1537, King Henry VII officially declared February 14th the holiday of St Valentine’s Day

 

  • The red rose was the favourite flower of Venus, the Roman Goddess of Love.

 

  • In the Middle Ages, young man and women drew names from a bowl to see who would be their Valentin, They would wear this name pinned into their sleeves for one week for everyone to see. This is where the expression “to wear your heart on your sleeve” originated from. 
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Pantone has named its colour of the year for 2015 as Marsala, which it calls "a naturally robust and earthy red.

Annually Pantone declares a particular colour which is used throughout the fashion & Jewellery industry, to design interiors, from beauty products to the food industries..

This season we have seen a move towards the cooler and softer side of the spectrum, with a mix of understated nature like neutrals taking centre stage.

 

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Last night's Golden Globes kicked off to our delight with a beautiful array of glitzy jewels adorning the worlds A-List celebrities.

Like last year, statement earrings & neckwear was the trend of the evening, with many celebrities opting for chandelier and drop stud earrings to set off their red carpet look, which included Amal Alamuddin Clooney, Jennifer Lopez, nominee Amy Adams, Kate Beckinsale, nominee Jessica Chastain, Helen Mirren and Sienna Miller.

This year we also noticed a few celebrities opting to add a little colour to their jewels. Emily Blunt wore turquoise and diamond chandelier earrings with matching bracelet & ring, Leslie Mann wore stunning emerald and opal earrings and Lupita Nyong wore amethyst, peridot and diamond drops from Chopard.

Here is a list of some of the best jewellery looks on the night:

  • Naomi Watts                   Simple diamond stud earrings with a statement Serpent Necklace by Bulgari.
  • Amal Clooney                 Cascading Diamond Drop Earrings, set with 29.62ct of diamonds
  • Helen Mirren                   Large ornate diamond and ruby drop earrings by Chopard.
  • Felicity Jones                  A pair of vintage inspired Van Cleef & Arpels stud earrings.
  • Katie Cassidy                 Wore $ 1 Million of diamonds, an 8ct round brilliant cut diamond studs and a 10ct diamond cigar ring.
  • Salma Hayek-Pinault      Drop diamond earrings, ornate ring and diamond cuff.
  • Lorde a 100ct platinum   Diamond bib necklace, and seven platinum & diamond rings to complete her look.
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Rare opulent emerald, pearl and diamond necklace dating back to 1911 to fetch up to £180,000 at auction.

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A one of a kind necklace from the days of Empire is to be offered in the Fine Jewellery sale on the 4th of December at Bonham's, Bond Street.


The unique gem is set with emerald, diamonds and pearls was commissioned in 1911, and believed to be worn at the Delhi Dubar.


The pendant is dominated by a central fluted emerald of approximately seven carats, and one notable element is the prolific use of briolette-cut diamonds throughout the piece. The briolette cut fashions gemstones into an elongated, faceted pear shape often meant to hang like beading, and was popular in Indian jewellery.


The 1911 Durbar, the most glittering assemblage of the three, was held to commemorate the coronation of King George V and Queen Mary as Emperor and Empress of India. Nearly every ruling prince, nobleman, landed gentry and other persons of note in India attended to pay homage to their sovereigns.


The King and Queen appeared in their Coronation robes, the King-Emperor wearing the Imperial Crown of India containing six thousand one hundred and seventy diamonds and covered with sapphires, emeralds and rubies.

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A spokesperson for Bonhams said, "This necklace provides us with a unique insight into the levels of opulence and display at the 1911 Delhi Durbar and it is extremely rare to have such a magnificent jewel survive intact. "We feel very privileged to be selling a remarkable and rare piece linked to historic days of Indian Royalty.'

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Sapphire, the birthstone of September, is most desired in its pure rich blue colour, but is present in almost every colour including pink, yellow, orange, peach, and violet colours. When hearing the word Sapphire many people immediately envision a stunning violet-blue gemstone because the word “Sapphire” is Greek for blue.

The most sought-after sapphire is the rare and beautiful Padparadscha which is a pinkish-orange corundum with a distinctive salmon colour, reminiscent of a tropical sunset.

In the middle ages the gem was believed to protect those close to you from harm and also represented loyalty, purity and trust. For centuries sapphires have been associated with royalty.

Sapphires are found in many parts of the world, but the most prized Sapphires are from Myanmar (Burma), Kashmir and Sri Lanka. Sapphires with highly saturated violet-blue colour and “velvety” or “sleepy” transparency are rarer. The purer the blue of the Sapphire, the greater the value.

Here are some amazing bespoke pieces we have created with Sapphires 

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A very rare flawless pink diamond to headline Sotheby’s autumn sale in Hong Kong will become one of the most valuable gems ever sold if it reaches its low-bid estimate of $1.5m per carat.

 

While white diamond prices have steadied in recent years, rising interest in rarer coloured diamonds has pushed prices towards record levels.

 

 

Sotheby’s expects its 8.41-carat pear-shaped internally flawless fancy vivid purple-pink diamond to fetch between $12.8m and $15.4m at auction on October 7. If the rare diamond sells at the top of that range, it would put it among the top three pink stones ever sold at auction on a per-carat basis.

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