John Willard Craiger, 83, fatally shot jeweler Ghazi “Gus” Michel Osta following an argument in the store.
Al Capone’s Diamond Pocket Watch Sells for $84K
It more than tripled its pre-sale estimate at RR Auction’s “Gangsters, Outlaws and Lawmen” sale, while a ring Clyde gave to Bonnie sold for $25,000.
Boston--A diamond and platinum pocket watch once owned by Scarface himself topped a recent auction of the possessions of infamous American gangsters, going for $84,375.
The diamond-studded piece led Boston-based RR Auction’s “Gangsters, Outlaws and Lawmen” sale on Saturday, selling for more than three times its $25,000 pre-sale estimate. The winning bidder has not yet been identified.
The Illinois Watch Company made Capone’s pocket watch, which has a bezel set with 72 cut diamonds and features a platinum face and gold-tone impressed numerals and hands.
The reverse side of the case bears the initials “AC,” and is comprised of 23 cut diamonds encircled by an additional 26. The interior contains a 17-jewel movement with gold wheels and jewel cups.
The lot also included the original 12-inch watch chain made of 14-karat white gold.
Another highlight in the June 24 sale was the promise ring Clyde Barrow gave to Bonnie Parker, which sold for $25,000 Saturday.
Though the ring sold for well below its $40,000 pre-sale estimate, the final hammer price of the piece (excluding the buyer’s premium) still made it the second most expensive lot in the sale.
The ring originally was believed to have been created by Barrow himself--who was known to be very artistic and crafty--while he was in prison, but RR Auction’s jewelry expert later updated his findings, saying that he believed Parker’s ring was likely manufactured by the Uncas jewelry company in the early 1930s.
The ring draws from the same Western-style design themes that inspired Barrow’s jewelry-making though, the auction house said, featuring a three-headed snake set with faux green and red gemstones. It was recovered in the couple’s 1933 Ford Model B after the “Sowers Raid” in Texas in 1933.
Other highlights from Saturday’s sale include a special demurrer signed by Capone relating to the case between him and the State of Florida dated April 26, 1930, which sold for $19,375; a handwritten musical manuscript of “Humoresque” from Capone written out while he was incarcerated at Alcatraz that sold for $18,750; and a letter written by Bonnie Parker and signed by Clyde Barrow to ex-Barrow gang member Raymond Hamilton at the Dallas County Jail, circa April 1934, which went for $16,250.
The Latest
In his latest column, Smith provides a list of questions every business needs to be asking their next potential leader.
An innovative artist inspired by the natural world, Lehrer is remembered for being a visionary and a shining light.
While no reputable jeweler would knowingly sell lab-grown stones as natural, it's a growing possibility.
Jérôme Lambert returns as CEO of Jaeger-LeCoultre, while Laurent Perves takes the lead role at Vacheron Constantin.
The extravagant gifts in this year’s “A Neiman’s Fantasy” Holiday Book range from a Messika diamond necklace to pavé diamond cowboy boots.
Owners Greg and Lynn Bires are heading into retirement.
From protecting customer data to safeguarding inventory records, it's crucial to learn how to tackle cybersecurity challenges.
The industry veteran is remembered for his faith, his dedication to his family, his wealth of knowledge and his generosity in sharing it.
PricewaterhouseCoopers’ 2024 holiday trends survey took a 10-year look back to see what mattered to consumers then versus now.
Monique Lhuillier and Kay Jewelers collaborated to create the pieces, which were offered at the recent Baby2Baby gala.
Botswana joins Antwerp as a certification center for rough under the G7 ban on Russian diamonds.
The miner said its November sale, which earned $16.1 million, felt the effect of competitive pricing by a rival Zambian producer.
Mignon Faget honors its hometown of New Orleans with a piece inspired by “The Crescent City.”
The London-based business-to-business diamond and gemstone marketplace just closed on a $51 million round of Series C funding.
“Forever Present” highlights gifting opportunities for natural diamonds, celebrating familial, friendship, and romantic relationships.
Successful email marketing campaigns are all about timing, personalization, and compelling CTAs, Emmanuel Raheb writes.
Retail leader Lisa Bridge and geology professor Dr. Wendy Bohrson joined the organization’s board.
Look out for a black bear wearing a purple Santa hat and its zippered tummy pouch made for holding a holiday gift from Ben Bridge Jeweler.
“The William Goldberg Way” was released in honor of the company’s 75th anniversary and 25 years of its proprietary Ashoka diamond.
Fenix and Dholakia Lab-Grown Diamonds have jointly acquired the Israel-based company, which grows diamonds using solar power.
The Danish brand has opened an appointment-only location on Madison Avenue in New York City.
The actor and watch enthusiast will be part of the show’s education lineup.
Step inside the nearly 21,000-square-foot suburban Chicago jewelry store with Editor-in-Chief Michelle Graff.
These punk-inspired earrings from the new Canadian brand’s debut collection reveal the alter ego of the classic pearl.
The company brings its nanotechnology to two new fancy cuts for diamonds that feature its signature color and brilliance.
Sponsored by Tasha R