Jewelers who misinterpret the state of the jewelry market risk employing the wrong retail strategy, cautions columnist Sherry Smith.
Sotheby’s to Sell America’s Little Darling’s Blue Diamond
The 9.54-carat fancy deep blue diamond Shirley Temple’s dad bought her in 1940 could sell for as much as $35 million when it hits the auction block next month.

New York--The blue diamond once belonging to “America’s Little Darling” will be up for auction next month.
A 9.54-carat fancy deep blue, potentially internally flawless, VVS2 clarity diamond ring long owned by Shirley Temple is leading Sotheby’s April 19 auction of Magnificent Jewels in New York.
The stone is expected to sell for $25 million to $35 million.
Temple’s father bought the ring for his daughter for $7,210 in early 1940, around the time of her 12th birthday as well as the premiere of her film The Blue Bird. According to Sotheby’s, the movie might have inspired his purchase of a blue diamond more than the stone’s perceived rarity or value, as colored diamonds were not as coveted at the time as they are in today’s market.
Born on April 23, 1928, Temple rose quickly to stardom and became an American icon. After being discovered by Fox Films songwriter Jay Gorney and offered a role in Stand Up and Cheer! (1934) she began her rise to fame during the Great Depression.
She appeared in a number of other films but eventually started taking on roles of a new type when she was named U.S. delegate to the 24th U.N. General Assembly by President Richard Nixon in 1969.
Temple served in a few other similar positions after that as well--President Gerald Ford appointed her U.S. Ambassador to Ghana in 1974 and later the first woman chief of protocol of the United States, while President George Bush Sr. named her U.S. Ambassador to Czechoslovakia from 1989 to 1992.
The cushion-cut blue diamond remained in Temple’s collection until her death in 2014 and will be offered in its original Art Deco-inspired setting.
In November, Sotheby’s set a new world auction price record for any diamond or gemstone when it sold the Blue Moon of Josephine, a 12.03-carat fancy vivid blue diamond, for $48.5 million.
“It’s remarkable to have one stone illustrate the dramatic shift in attitude towards colored diamonds over the course of the last century,” said Gary Schuler, co-chairman of Sotheby’s Jewelry, Americas. “Today we recognize these stones as the definition of rarity, and they are eagerly sought-after in our current market for that very reason. The Shirley Temple Blue in particular has a traditional cushion cut that gives it a certain softness, charm and personality, and its saturated, fancy deep blue color imbues it with a mesmerizing oceanic quality.”
The Latest

In her newly expanded role, she will continue to oversee the jewelry category, as well as watches, home, and accessories.

“The Godfather II” watch plays two melodies from the mob film’s score, “The Godfather’s Waltz” and “The Godfather Love Theme.”

You deserve to know what you are selling–to protect your customers as well as your business and your reputation.

Organizers have also introduced the new JCK Talks Signature Series, as well as an offering of watch-focused workshops and lectures.


The Alan Hodgkinson Medal recognizes gemologists who are consistently generous with their time and expertise.

The Swiss watchmaker is changing up its executive leadership team as part of a restructuring.

Every jeweler faces the same challenge: helping customers protect what they love. Here’s the solution designed for today’s jewelry business.

The “What’s Your Signature?” campaign invites women to think about how they see themselves.

The big diamond’s sale added to the company’s revenue though the market remains “challenging” overall, particularly for smaller goods.

Rob Bates of The Jewelry Wire will also moderate a panel on the state of the jewelry industry during the virtual event.

The Jewelry Symposium will honor two industry veterans with lifetime achievement awards at its upcoming May event.

With their durability, brilliance, and beauty, diamonds are the perfect stone for everyday birthstone jewelry.

The retailer failed to file its annual report on time and said it may issue a going concern warning.

Smith recounts a recent trip to the post office that included an uncomfortable, embarrassing, and public exchange between two employees.

John Cowley, who has more than 30 years of experience, is succeeding Tearle as the lab’s chief financial officer.

Founder Erica Silverglide has designed 35 colorful pieces set with fluorescing gemstones for the brand's first finished jewelry offering.

“Ukrainian Jewelry | Contemporary Jewelry and Art Jewelry from Ukraine” features 33 contemporary Ukrainian designers and studios.

“The Golden Now” campaign celebrates the here and now with the brand’s signature styles and a selection of its new pieces.

Signet confirmed that Caffie, president of Zales and Banter, and Bentzen, who headed Blue Nile, have left the company.

The antique jewelry dealer talks about the importance of including Black Americans in jewelry history and preserving their stories.

Both its mines faced challenges last year, from operational issues to disruptions in the market.

Iconic pieces, like the Mike Todd Diamond Tiara, appear in the superstar’s new music video for her song inspired by the actress.

The luxury retailer, which went Chapter 11 in January, announced Thursday that it has secured $500 million in exit financing.

The NouvelleBox ballroom will feature independent jewelry designers, including Lene Vibe, Wyld Box Jewelry, and Kiaia Limited.

The one-of-a-kind locket, our Piece of the Week, opens to reveal three hidden images to keep close to your heart.

The new facility was also designed to better serve its growing customer base in Canada.




























