This coming April yet another spectacular diamond will be at auction. This time the gem is a colorless stone of “D” color and is internally flawless. The auction this time will be held in New York at Sotheby’s. The gem is reported to weigh just over 100 carats and has been fashioned into an emerald cut (similar to the stone featured in the photo). Estimates of the price it will fetch are from $19 million USD to $25 million USD. If any of the recent auction results are predictive the price could well exceed the estimates. We will know soon.
Tag Archives: laura ramsey
John and Laura Ramsey write: Jumping ahead to January
The best Rhodolite garnets are truly amazing to see. Especially in the bigger sizes. The stone in the photo is a 44+ carat amazing gem. This particular stone was mined in Sri Lanka which produces some unexpected gem varieties in its gem gravels. “Gem gravels” you say? Yes, lots of the gems found in Sri Lanka are in alluvial deposits where the stones are truly in gravel form and all rounded and stream worn.
From Sri Lanka we’ve obtained many different types of gems: Star Sapphires (both blue and pink), Rhodolite garnets, Cat’s-eye chrysoberyl, Alexandrite, Blue sapphire, Pink sapphire, “Common” chrysoberyl, Cat’s-eye alexandrite, Andalusite, Yellow sapphire, and Spessartite (garnet). Not bad for a little Island down at the tip of India.
One more thing. A couple of the meals we’ve experienced in Sri Lanka were some of the best anywhere in a long lifetime of world travel. Our first Chai tea experience was in Sri Lanka in 1981. They are ahead of their time!
John and Laura Ramsey write: Jewelry in Museums—Down-Under no Exception
The Powerhouse Museum in Sydney, Australia is hosting a showing of notable jewelry worn by their famous actors in films.
Amongst other items on display is the most expensive piece of jewelry ever made specifically for a movie: the “Satine” necklace worn by Nicole Kidman in Moulin Rouge.
Other pieces include a stunning diamond brooch worn by Cate Blanchett to the Oscars, and a star-studded ring worn by world-renowned fashion designer Catherine Martin.
Having gems and jewelry on display at museums is a worldwide phenomenon. Of course if you’re visiting down under be on the lookout for displays of opal–the gem that made Australia famous. The last statement my opinion solely. But what else would a gem aficionado say?
Close-up photos of jewelry: Andrew Murray, Daily Mail Australia
John and Laura Ramsey write: WHAT MAKES A SAPPHIRE BEAUTIFUL???
The photo we’ve included in this posting is a good example of a really great sapphire. What makes is so beautiful and appreciated the world around? First of all there is what it is not. It is not so pale a color that we would say “who cares?” Secondly, the photo shows a stone that is not so dark that we would say “who cares?” What we are showing in the photo is a “Goldilocks” sapphire that is “just right” when it comes to depth of color. Not too dark, not to light. Next we have a stone that is not hampered by a lot of eye visible inclusions. The gem in the photo is relatively “clean” and flaw free. The combination of a just right color and good clarity give us the opportunity of seeing nice reflections off of the back facets while we are looking down into the stone from the top. The gem in the photo is relatively well cut and that is another reason we’re getting some nice reflections off the back facets. Color, clarity and cut…3 out of the 4 “C’s”. The only thing left is the size (weight in carats). Well, we’ll leave that to the imagination this time….Is it 1 carat, 5 carats, 50 carats? Might as well dream………
John and Laura Ramsey write: “Peridot Gem of the Sun”
August babies have a lot better birthstone than they may have imagined. Ten cool facts that they may not know about peridot.
1. Cleopatra’s famous emeralds may have in fact been peridot.
a. The island of Zabargad in the Red Sea off of Egypt is an ancient source for peridot.
2. Zabargad Island is also known as Topazios Island and St. John’s Island.
3. Peridot comes from several sources around the world—Burma (a.k.a. Myanmar), China, Afghanistan, Pakistan and San Carlos Reservation, Globe Arizona USA!!!
4. While peridot comes from a number of sources, reliable sources producing large fine quality gems remains elusive. Want a lot of small peridot gems—no problem. Want a lot of large fine peridot gems—take a ticket and stand in line.
5. Peridot crystals from Zabargad were easy to identify as from that source in that many o them were exposed to sand storms through the ages and displayed a sand-blasted surface.
6. Great color in peridot is also the perfect spring green—green and gold slammed together.
7. Peridot comes from deep in the earth’s mantle and is brought up to the surface in volcanic activity.
8. Peridot also comes from outer space. Meteorites have been discovered with beautiful peridot inside.
9. Peridot only comes in green as opposed to many gems which come in a veritable rainbow of colors. Such versatile gems include: diamond, sapphire, garnet and of course the rainbow gem—tourmaline.
10. Peridot is one of John Ramsey’s favorite gems to cut and polish.
© Ramseygems.com, Inc., 2014. Unauthorized use and/or duplication of this material without express and written permission from John and Laura Ramsey is strictly prohibited. Excerpts and links may be used, provided that full and clear credit is given to johnandlauraramsey.com with appropriate and specific links back to this original content.
John and Laura Ramsey write: More Record Prices—Ruby this time….
Just recently an important Burmese ruby and diamond ring was sold at Christie’s in Hong Kong. While the diamonds surrounding the ruby were nothing to discount all accounts of the sale referred to the ruby as if it were all by itself in the ring.
Counted alone the ruby went for a per-carat record of just over USD $550,000 per-carat. At 6.04 carats the total came to almost USD $3,333,000.00.
John and Laura Ramsey write: “World Record Sapphire”
Fitting into the theme of world records being set for gems and jewelry the spring auction late in April by Sotheby’s saw a new per-carat record for a sapphire. The gem is recorded as being a 28+ carat Kashmir gem. According to the auction house the proceeds of the sale are going to charity. With a total price exceeding $5 million USD the per-carat price was over $180,000.
In the lore of colored gemstones Kashmir sapphire is the bench mark. The purity of the blue in Kashmir stones is indeed stunning. Traditionally the Kashmir stones are said to have slight haze but that seems to vary from piece to piece. After spending months maybe years of my life in Thailand (ruby/sapphire central for the world) and seeing gem after gem I would have to say that a fine Burmese sapphire can be every bit as lovely. Some traditionalists may want to disagree but that is just fine. To a true lover of gems they are all like a family—each member is wonderful on their own and for their own unique characteristics.
For instance, about 10 years ago or perhaps a few more there were some fabulous blue sapphires from Madagascar which were certified as untreated. Many of these gems were absolutely stunning. A great Ceylon stone is also beautiful. In fact many of the most famous sapphires are Ceylon stones residing in the important state collections of the world.
John and Laura Ramsey write: The Pink Star Diamond
Late last year the world’s largest diamond rated by the GIA as Fancy Vivid Pink was up for auction at Sotheby’s. The piece fetched a record price in excess of $83 million but when it was all over the sale did not go through. The finished gem weighs 59.60 carats and is a little over 1″ long by about 0.80 wide. It is a beautiful oval and the color is amazing. With all the auctions going on all over the world bringing record amounts it seems that great gems are suddenly popping up to be available for the auctions.
Prior to the auction the Pink Star was shown at an exhibit at the Smithsonian named “The Splendor of Diamonds.” Along with the pink gem were some other fabulous diamonds: The Moussaieff Red Diamond, the DeBeers Millennium Star and the Heart of Eternity Diamond. What a wonderful showing of diamonds.
Ruby and Pink Sapphire—between the lines with John and Laura Ramsey
Ruby and all colors of Sapphire are simply different colors of the same mineral: Corundum. Hooray for Corundum—without you we would be missing a lot in the gem world.
Ruby is red corundum colored by chromium, and Pink Sapphire is pink corundum colored by a little less chromium than Ruby. The difference is this: Ruby has a little less than 1% chromium and Pink Sapphire generally has about 1/2 of that.
Now, here is where it gets interesting. What happens in the gems that don’t know enough to fit squarely in one camp or another? Well, some Pink Sapphires get close to red and some Rubies have apparently had a brush with Clorox and come up a little pale to be considered “red.”
Some of the best fun we’ve had was in the late 90’s when we would buy some of the more pale Burmese Rubies that were cut a little chunky on the bottom in what they call a “mixed cut.” The mixed cut would have a heavy rounded bottom in an effort to conserve color. We would buy these, cut the bottom to a “brilliant” bottom pretty much like a diamond is cut, lose a bunch of color and have the prettiest, darkest hot pink sapphires we’ve ever seen.
Sometimes things that are between the lines of common definition are the best!
—
Follow us on Facebook >
© Ramseygems.com, Inc., 2014. Unauthorized use and/or duplication of this material without express and written permission from John and Laura Ramsey is strictly prohibited. Excerpts and links may be used, provided that full and clear credit is given to johnandlauraramsey.com with appropriate and specific links back to this original content.
John and Laura Ramsey Talk About Emeralds
With emerald being the birthstone for May, it is always fun to get back into thinking of emerald green and the renewal of spring.
The appreciation of emerald goes back centuries. Holy scriptures of East Indian by the Vedas wrote in Sanskrit of emeralds and their promotion of good luck and good health.
While emeralds are appreciated the world around, certain cultures prize them more than others. As spring unfolds here in the Pacific Northwest it is easy to appreciate the color green and the gem world’s best known representative of green: the emerald.
Learn all about emeralds in one of our previous blog posts >
—
Follow us on Facebook >
© Ramseygems.com, Inc., 2014. Unauthorized use and/or duplication of this material without express and written permission from John and Laura Ramsey is strictly prohibited. Excerpts and links may be used, provided that full and clear credit is given to johnandlauraramsey.com with appropriate and specific links back to this original content.