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Jewelry Demand Isn’t Stronger, Prices Are Just Higher Jewelers who misinterpret the state of the jewelry market risk employing the wrong retail strategy, cautions columnist Sherry Smith.
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Blue Nile Now Selling Some Estate Jewelry
The e-tailer is starting out small with a collection of just 13 pieces from designers including J.E. Caldwell and Marina B.
This Art Deco platinum link bracelet, featuring emeralds set among brilliant marquise and round diamonds, was purchased from the estate of a Midwest heiress. It retails for $81,000 on Blue Nile.
Seattle--Blue Nile has launched its Extraordinary Estate Jewelry Collection, a first-of-its-kind initiative for the retailer that includes 13 inaugural pieces, all but two of which retail for less than $100,000.
The e-tailer said its jewelry experts handpicked each piece, examining them for quality, originality and craftsmanship. The collection includes creations from well-known designers such as Marina B. and J.E. Caldwell.
The line includes Victorian-era diamond earrings in 18-karat white gold with 3.30 carats of old European-cut diamonds and filigree detailing for $8,000 and a retro mesh bracelet in 14-karat yellow gold finished with sapphires and round, brilliant-cut diamonds priced at $4,450.
It also includes a vintage double-chain necklace with 24 heart-shaped cabochon blue sapphires and 63 round, brilliant-cut diamonds in textured 18-karat yellow gold ($10,500); diamond cluster earrings from the 1950s set in 14-karat white gold with more than 5 carats of brilliant marquise and pear-cut diamonds ($13,250); and an Art Deco diamond drop necklace in platinum set with a 3.47-carat emerald-cut diamond.
The collection also includes a Zambian emerald and diamond statement necklace ($930,000) and matching drop earrings ($120,000) in 18-karat yellow gold. As part of a contemporary set designed by Marina Bulgari, the pieces can be purchased together or separately.
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