Auctions

Historic ‘Stotesbury Emerald’ Sells at Sotheby’s

AuctionsApr 26, 2017

Historic ‘Stotesbury Emerald’ Sells at Sotheby’s

The top lot of the NY sale, though, was a pair of earrings with emerald-cut diamonds weighing 20.29 and 20.02 carats that went for $5.3 million.

20170403_Stotesbury-emerald.jpg
The Stotesbury Emerald, a 34.40-carat hexagonal gemstone, sold for $996,500 at Sotheby’s New York on Tuesday.

New York--The 34.40-carat “Stotesbury Emerald,” which has passed through the hands of three well-known American jewelry collectors in its history, sold for $996,500 Tuesday.

The final hammer price for the stone, which appeared in the Sotheby’s New York Magnificent Jewels sale, fell within its pre-sale estimate of between $800,000 and $1.2 million.

The 34.40-carat hexagonal stone has been in a number of different settings over the years, with the style changing based on its owners’ desires.

According to Sotheby’s, the green gemstone first belonged to American mining heiress and Washington, D.C., socialite Evalyn Walsh McLean, and was set in a Cartier pendant that also featured the 94.80-carat pear-shaped Star of the East diamond.

Just a few years later, after an exchange between her and the jewelry house involving the emerald and the Hope diamond went south and led to a court battle, the emerald ended up back in Cartier’s possession.

The next owner was Eva Stotesbury, the daughter of a well-known lawyer. She acquired many of her great jewels during her second marriage, to prominent financier Edward Stotesbury. She had the emerald, which would thereafter bear her name, set in a pendant with diamonds as part of a Cartier suite.

In 1943, that suite was sold to none other than Harry Winston, who set the emeralds in the suite into more contemporary pieces, according to Sotheby’s. The Stotesbury was set in a ring, the setting it still is in today, and sold to American socialite, philanthropist and jewelry collector May Bonfils Stanton.

The 34-carat emerald next appeared in the 1971 sale of Stanton’s estate by Parke-Bernet Galleries, where it went to a private buyer and has remained until its sale at Sotheby’s this week.




The emerald was the sixth highest-grossing lot in the sale, which totaled nearly $29 million.

The top lot was a pair of earrings (pictured above) comprised of two square emerald-cut diamonds weighing 20.29 and 20.02 carats, topped by two smaller square emerald-cut diamonds weighing 1.01 carats each and further accented with small round diamonds weighing approximately 0.70 carats. They sold for $5.3 million.

The earrings were followed by a rose gold pendant, set with an 11.19-carat pear-shaped fancy pink diamond that garnered $2.4 million; an emerald-cut fancy gray-blue diamond weighing 5.07 carats, accented on the mounting by baguette, triangle and single-cut diamonds weighing approximately 0.30 carats, which sold for $1.6 million; and a pair of earrings

featuring two suspended pear-shaped diamonds weighing 7.36 and 7.03 carats, topped by six round sapphires weighing approximately 1 carat, which went for $1.3 million.

Also topping the $1-million mark was a cut-cornered square mixed-cut fancy vivid green diamond weighing 1.64 carats, flanked by two cut-cornered triangle-shaped diamonds weighing approximately 0.65 carats, which sold for $1.2 million.
Brecken Branstratoris the senior editor, gemstones at National Jeweler, covering sourcing, pricing and other developments in the colored stone sector.

The Latest

Anza Gems gemstones
SourcingJan 28, 2026
Ethical Gem Fair to Debut Designer Showcase in Tucson

The new addition will feature finished jewelry created using “consciously sourced” gemstones.

National Jeweler columnist and jewelry sales expert Peter Smith
ColumnistsJan 28, 2026
Peter Smith: Setting the Next Generation Up for Success

In his new column, Smith advises playing to your successor's strengths and resisting the urge to become a backseat driver.

Hand holding shopping bags
SurveysJan 28, 2026
Consumer Confidence Falls Below Pandemic Lows in January

The index fell to its lowest level since May 2014 amid concerns about the present and the future.

MJSA Apprenticeship Guide
Brought to you by
The MJSA Mentor & Apprenticeship Program: Attracting & Training the Next Generation of Bench Jewelers

Launched in 2023, the program will help the passing of knowledge between generations and alleviate the shortage of bench jewelers.

Foundrae Aspen Store
IndependentsJan 28, 2026
Foundrae Heads to Aspen for Latest Store Opening

The new store in Aspen, Colorado, takes inspiration from a stately library for its intimate yet elevated interior design.

Weekly QuizJan 22, 2026
This Week’s Quiz
Test your jewelry news knowledge by answering these questions.
Take the Quiz
Bulgari Gioco di Forme e Colori watch and brooch
FinancialsJan 28, 2026
Tiffany & Co., Bulgari Sales Resilient as LVMH’s 2025 Sales Slip

The brands’ high jewelry collections performed especially well last year despite a challenging environment.

GemFair x DBL Toi et Moi Ring
CollectionsJan 27, 2026
De Beers London, GemFair Debut New Collection Highlighting Artisanal Diamonds

The collection marks the first time GemFair’s artisanal diamonds will be brought directly to consumers.

JamAlert 1872x1052.png
Brought to you by
How Jewelers Can Fight Back Against Cell Jammers

Criminals are using cell jammers to disable alarms, but new technology like JamAlert™ can stop them.

Montana sapphire
SourcingJan 27, 2026
GemGuide Launches Pricing for Montana Sapphires

The initial charts are for blue, teal, and green material, each grouped into three charts categorized as good, fine, and extra fine.

Clientbook
TechnologyJan 27, 2026
Clientbook Launches Appointment Booking Tool

The new tool can assign the appropriate associate based on the client or appointment type and automate personalized text message follow-ups.

Columbia Gem House celestial shapes
SourcingJan 26, 2026
Tucson Preview 2026: Earthy Tones and Innovative Shapes

Buyers are expected to gravitate toward gemstones that have a little something special, just like last year.

Diamond center in Saurimo, Angola
SourcingJan 26, 2026
Angolan Diamond Cos. Join NDC as Rio Tinto, Murowa Exit

Endiama and Sodiam will contribute money to the marketing of natural diamonds as new members of the Natural Diamond Council.

Francesca’s boutique
MajorsJan 26, 2026
Francesca’s To Close All Stores

The retailer operates more than 450 boutiques across 45 states, according to its website.

Thomas Davis, Monalisa DePina, Jamie Batiste, Namwezi Nicole Batumike, Lavina Hunt-Lewis
MajorsJan 26, 2026
BIJC Names 5 New Board Members

The new members’ skills span communications, business development, advocacy, and industry leadership.

Tiffany & Co. Celebrating Love Stories Since 1837 Campaign
CollectionsJan 26, 2026
Tiffany & Co. Celebrates 189 Years of Love Stories

The jeweler’s 2026 Valentine’s Day campaign, “Celebrating Love Stories Since 1837,” includes a short firm starring actress Adria Arjona.

DCA colored gemstone course
GradingJan 26, 2026
DCA Updates Colored Gemstone Course

The new features include interactive flashcards and scenario-based roleplay with AI tools.

Deutsch & Deutsch jewelers team
MajorsJan 23, 2026
Watches of Switzerland Acquires 4-Store Jewelry Chain in Texas

Family-owned jewelry and watch retailer Deutsch & Deutsch has stores in El Paso, Laredo, McAllen, and Victoria.

Baume & Mercier Riviera 10812 pink watch
WatchesJan 23, 2026
Damiani Group to Acquire Baume & Mercier

The Italian luxury company purchased the nearly 200-year-old Swiss watch brand from Richemont.

Martin Katz snowflake earrings
TrendsJan 23, 2026
Martin Katz’s Earrings Call to Mind Wintry Weather

Micro-set with hundreds of diamonds, these snowflake earrings recreate “winter’s most elegant silhouette,” and are our Piece of the Week.

Ella Blum
MajorsJan 23, 2026
Rembrandt Charms Names New Director of Creative, Brand Strategy

Ella Blum was appointed to the newly created role.

National-Jeweler_1872x1502_B copy.png
Supplier BulletinJan 22, 2026
The Rise of Centralized Sourcing in the Colored Gemstone Market

Sponsored by RapNet

Lugano Diamonds Greenwich Connecticut store
MajorsJan 22, 2026
Lugano Diamonds Finds a Buyer

Investment firm Enhanced Retail Funding, a division of Gordon Brothers, was the successful bidder.

A Diamond Is Forever book
SourcingJan 22, 2026
De Beers To Release ‘A Diamond Is Forever’ Book

It explores the history of the iconic tagline and the company’s strategy to redefine the role of diamonds in society.

Sindhu Culas
MajorsJan 22, 2026
Swarovski Appoints New North America President

Retail veteran Sindhu Culas has stepped into the role.

Taylor Burgess
MajorsJan 22, 2026
Stuller Names New Chief Merchandising, Marketing, Sales Officer

Taylor Burgess, who has been at Stuller since 2013, was promoted to the newly created role.

My Next Question podcast with Sherry Smith and Edahn Golan
PodcastsJan 21, 2026
Episode 1: High Gold Prices, the Diamond Dilemma, & What’s Next

Was 2025 a good year for jewelers? Did lab-grown diamonds outsell natural? Find out on the first episode of the “My Next Question” podcast.

Jules Kim of Bijules, Sophie Howard of By Pariah, Jade Ruzzo, Joy Haugaard of Lionheart, Vanessa Fernández of Vanessa Fernández Studio, Hiba Husayni of Zahn-Z
EditorsJan 21, 2026
6 Jewelry Designers Poised to Have a Breakout Year in 2026

Whether you recognize their jewels or are just discovering them now, these designers’ talent and vision make them ones to watch this year.

×

This site uses cookies to give you the best online experience. By continuing to use & browse this site, we assume you agree to our Privacy Policy