Jim Springer, owner of Dunkelberger’s Fine Jewelry, is heading into retirement.
The Shirley Temple Blue Diamond Is Back
Now, the stone weighs 9.3 carats and is internally flawless.

New York—The Shirley Temple Blue Diamond failed to sell at auction in 2016, but now it’s found a new life.
The actress’ father purchased the cushion-modified brilliant-cut fancy deep blue diamond, weighing 9.54 carats with VVS2 clarity, in 1940 to commemorate the 12-year-old’s latest film, “The Blue Bird.”
She owned the ring until her death in 2014. Her family put the diamond up for sale at Sotheby’s April 2016 jewelry auction in New York, where it was predicted to garner between $25 and $35 million, though it didn’t find a buyer.
That’s when Windsor Jewelers stepped in.
The antiques dealer bought the stone from Temple’s family but decided to make an improvement before putting it back on the market.
“We showed it to some of the best cutters in the world and said there’s a potentiality for it to go internally flawless,” explained Windsor Jewelers President Paul Lubetsky.
Cutting the stone, and slightly lowering the carat weight in the process, was not a decision taken lightly.
“Polishing such an important diamond involves an immense amount of challenges and risk,” Windsor Jewelers’ Principal Avi Fattal said. “The stone was thoroughly studied by the cutter and a team of gemologists for weeks before deciding to put this very rare diamond on the wheel.
“The color of a blue diamond, and in some cases, quality, can be drastically changed even with the slightest movement. We ultimately decided to go ahead and re-polish the stone to try to improve the clarity.”
What Fattal described as many “nerve-wracking months” of polishing that involved several visits and consultations with the Gemological Institute of America resulted in not only an internally flawless stone—now weighing 9.3 carats—but also a richer blue color.
SEE: The 9.3-Carat, Internally Flawless Shirley Temple Blue Diamond
View this post on InstagramA post shared by Ashley Davis (@ashleylikesgems) on Apr 22, 2019 at 6:34am PDT
“When we finally decided to re-cut it, it completely opened the color also,” Lubetsky said. “We didn’t expect it to go so blue. Before it was a VVS stone, but when we got rid of the imperfection the color opened up and became bluer than any other stone I’ve seen before.”
In GIA’s current report on the stone, it notes a similarity in color to the famed Hope Diamond and the Wittelsbach-Graff—another blue diamond that was re-cut to improve it clarity—leading Windsor Jewelers to believe that all three diamonds might have been mined in a similar area, the Golconda mines of India.
“All three
Now, Windsor Jewelers is set to display the stone publicly for the first time since its acquisition and polishing at the second edition of the upcoming GemGeneve trade show, an exhibitor-run antidote to Baselworld.
There, attendees will be able to witness the new-and-improved Shirley Temple in person.
“Daylight sort of stimulates the stone and the more it’s in daylight, the bluer it gets,” Lubetsky said. “It continues to get bluer all day. It’s really an unusual phenomenon.”
GemGenève is slated for May 9-12 at The Palexpo Geneva.
The Latest

When conducting its May consumer confidence survey, The Conference Board asked extra questions about consumers’ budgeting strategies.

The “Tunnel” charm, our Piece of the Week, celebrates Pride Month with its design inspired by hope and the light at the end of the tunnel.

As gold prices rise, today’s retailers are looking for alternatives at prices that will appeal to wider audiences.

The jewelry industry is reassessing its positioning as Gen Z reshapes the retail landscape and lab grown continues to gain market share.


Up for auction at Sotheby’s, the collection of Tempelsman’s personal effects includes a Cartier Tank watch Jackie O. gifted him.

The Miami-based fine jewelry brand will host its first summer residency in the Colorado mountain town from June 5 to Aug. 23.

With the trade and customer trust in mind, GIA® developed NextGem™ – on-demand training designed specifically for retail.

The organization also announced its international board of directors for the 2026-2027 term.

Saks Global confirmed the closure this week, spelling the end for a store that’s been part of downtown Dallas for more than 100 years.

Smith discusses how managers should handle a top performer's exit, warning that a poor response could have a lasting impact.

The retailer is bringing Rolex Certified Pre-Owned watches to five U.S. cities in 2026 for collectors to see, try on, and purchase.

The actress and entrepreneur stars in the jeweler’s new campaign that celebrates life’s quiet moments.

The price of gold has risen, affecting the number of pieces designers make, the materials they use, and how they position themselves.

The jewelry retailer is zeroing in on Zales, Jared, Kay Jewelers, and Blue Nile as it looks to create unique brand identities for each.

Dr. Akinwumi Adesina, a development economist, will head the fund created to help Botswana diversify its economy.

Sotheby’s has appointed the former Phillips executive as its global head of private sales and retail in its watches division.

A private collection of five Paraíba tourmalines also will be up for sale at Sotheby’s High Jewelry auction in New York, scheduled for June 16.

From Gen Z’s view of luxury to “doom spending,” these are the six consumer trends to note this year.

The show started by honoring Mildred Marcano, ended with a tearful Beth Anne Bonanno, and recognized a dozen-plus designers in between.

The revamped online diamond marketplace will feature pricing intelligence and data-driven tools for more efficient buying and selling.

The miner said demand for higher-quality emeralds is stable, but there is notable caution in the market.

The “River of Heaven” necklace, our Piece of the Week debuting at Couture, combines 26 salt and pepper diamonds spaced by Tahitian pearls.

This year’s inductees include second-, third-, and fourth-generation jewelers.

The author, speaker, and entrepreneur will give his presentation, “Spiritual Billionaire,” on Saturday morning.

Three-time Grammy award-winning artist Nelly is set to perform at the annual event at Tao Beach on Sunday night.

Signet will integrate the online-only, natural diamond-focused jeweler into Blue Nile, which it wants to position as a higher-end retailer.
























