Shipwreck Emerald Sells for More Than $1M at Auction
The 5.27-carat stone, salvaged from the wreck of the Spanish ship Nuestra Señora de Atocha, blew pre-sale estimates out of the water.
Sotheby’s said Thursday the previously reported weight was an approximation derived from measurements, explaining that the stone was in a bezel setting when Mitzi brought it to the auction house, which did not allow its specialists to see its full breadth.
Prior to the sale, she allowed the auction house to remove the emerald from its mounting and have it evaluated by American Gemological Laboratories, which determined its exact carat weight.
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The two have signed “heads of terms” for the tentative 10-year sales agreement they reached in June.
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A New Hampshire store manager is the inaugural recipient of the grant for up-and-coming women in retail.
Available exclusively at Greenwich St. Jewelers, the “Nipple Collection” will benefit Living Beyond Breast Cancer.
“Pre-Owned Luxury by Rocksbox” offers secondhand jewelry from Kay, Zales, and Jared to members and non-members.
The museum is asking for the public’s help in finding thousands of pieces of ancient gold jewelry and gemstones stolen from a storeroom.
The plea comes against a backdrop of declining demand and falling prices.
Shoppers also expressed concern about rising prices, higher interest rates, and political uncertainty.
The former teacher, described as “a pioneer for women-owned businesses,” opened her own jewelry store in 1980.
Police say Douglas Wayne Gamble also swapped natural diamonds for synthetic stones and failed to return customers’ repairs.
The designer just launched a new bridal range at Kay Jewelers.