Emerald, Diamond Spectacles Fail to Find a Buyer at Auction
Sotheby’s had estimated they could go for between $2.1 million and $3.4 million each.

At its recent “Arts of the Islamic World & India” sale, the auction house put two pairs of glasses from an unknown “princely treasury” up on the block.
Neither sold, though the auction house had estimated they would go for between £1.5 million and £2.5 million each (about $2.1 million to $3.4 million at current exchange rates).
The “Gate of Paradise” glasses comprise two drop-shape, flat-cut emeralds weighing a total 27 carats set in silver and gold frames and mounted with old-cut diamonds and emeralds.
There was also the “Halo of Light” spectacles, crafted with two flat-cut diamonds weighing 25 total carats set in silver and gold frames and mounted with smaller old-cut diamonds.
The spectacles originated in 17th century Mughal India, where they were commissioned by an unknown prince, according to Sotheby’s.
They were shaped from a 200-plus-carat stone believed to have come from the famed Golconda mines in southern India and a single Colombian emerald weighing more than 300 carats.
Sometime around 1890, the lenses were placed into new frames, decorated with rose-cut diamonds.
And though the original patron of these pieces is unknown, the quality of the gemstones combined with their sizes suggest they would’ve been in the collection of an emperor, Sotheby’s said.
“Over the past month, these spectacular objects have been marveled at wherever we exhibited them—from New York to Hong Kong to London,” a Sotheby’s spokesperson said in an email statement to National Jeweler Wednesday.
“Anyone who has laid eyes on them is in no doubt that they are indeed something very special, and we have every faith that the huge interest we have seen will translate into a different result later down the line.”
The Latest

In a market defined by more selective consumers, Sherry Smith shares why execution will be independent jewelers’ key to growth this year.

The family-owned jeweler’s new space is in a former wholesale produce market.

Ivel Sanchez Rivera, 52, has been arrested and charged in connection with the armed robbery of Tio Jewelers in Cape Coral, Florida.

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

The supplier’s online program allows customers to search and buy calibrated natural and lab-grown diamond melee, including in fancy shapes.


The new show will take place Jan. 23-25, 2026.

Associate Editor Natalie Francisco highlights her favorite jewelry moments from the Golden Globes, and they are (mostly) white hot.

How Jewelers of America’s 20 Under 40 are leading to ensure a brighter future for the jewelry industry.

Yantzer is remembered for the profound influence he had on diamond cut grading as well as his contagious smile and quick wit.

The store closures are part of the retailer’s “Bold New Chapter” turnaround plan.

Through EventGuard, the company will offer event liability and cancellation insurance, including wedding coverage.

Chris Blakeslee has experience at Athleta and Alo Yoga. Kendra Scott will remain on board as executive chair and chief visionary officer.

The credit card companies’ surveys examined where consumers shopped, what they bought, and what they valued this holiday season.

The “Serenity” charm set with 13 opals is a modern amulet offering protection, guidance, and intention, the brand said.

“Bridgerton” actresses Hannah Dodd and Claudia Jessie star in the brand’s “Rules to Love By” campaign.

Founded by jeweler and sculptor Ana Khouri, the brand is “expanding the boundaries of what high jewelry can be.”

The jewelry manufacturer and supplier is going with a fiery shade it says symbolizes power and transformation.

The singer-songwriter will make her debut as the French luxury brand’s new ambassador in a campaign for its “Coco Crush” jewelry line.

The nonprofit’s new president and CEO, Annie Doresca, also began her role this month.

As the shopping mall model evolves and online retail grows, Smith shares his predictions for the future of physical stores.

The trade show is slated for Jan. 31-Feb. 2 at The Lighthouse in New York City's Chelsea neighborhood.

January’s birthstone comes in a rainbow of colors, from the traditional red to orange, purple, and green.

The annual report highlights how it supported communities in areas where natural diamonds are mined, crafted, and sold.

Footage of a fight breaking out in the NYC Diamond District was viewed millions of times on Instagram and Facebook.

The supplier has a curated list of must-have tools for jewelers doing in-house custom work this year.

The Signet Jewelers-owned store, which turned 100 last year, calls its new concept stores “The Edit.”

Linda Coutu is rejoining the precious metals provider as its director of sales.


























