Auctions

Historic ‘Stotesbury Emerald’ Sells at Sotheby’s

AuctionsApr 26, 2017

Historic ‘Stotesbury Emerald’ Sells at Sotheby’s

The top lot of the NY sale, though, was a pair of earrings with emerald-cut diamonds weighing 20.29 and 20.02 carats that went for $5.3 million.

20170403_Stotesbury-emerald.jpg
The Stotesbury Emerald, a 34.40-carat hexagonal gemstone, sold for $996,500 at Sotheby’s New York on Tuesday.

New York--The 34.40-carat “Stotesbury Emerald,” which has passed through the hands of three well-known American jewelry collectors in its history, sold for $996,500 Tuesday.

The final hammer price for the stone, which appeared in the Sotheby’s New York Magnificent Jewels sale, fell within its pre-sale estimate of between $800,000 and $1.2 million.

The 34.40-carat hexagonal stone has been in a number of different settings over the years, with the style changing based on its owners’ desires.

According to Sotheby’s, the green gemstone first belonged to American mining heiress and Washington, D.C., socialite Evalyn Walsh McLean, and was set in a Cartier pendant that also featured the 94.80-carat pear-shaped Star of the East diamond.

Just a few years later, after an exchange between her and the jewelry house involving the emerald and the Hope diamond went south and led to a court battle, the emerald ended up back in Cartier’s possession.

The next owner was Eva Stotesbury, the daughter of a well-known lawyer. She acquired many of her great jewels during her second marriage, to prominent financier Edward Stotesbury. She had the emerald, which would thereafter bear her name, set in a pendant with diamonds as part of a Cartier suite.

In 1943, that suite was sold to none other than Harry Winston, who set the emeralds in the suite into more contemporary pieces, according to Sotheby’s. The Stotesbury was set in a ring, the setting it still is in today, and sold to American socialite, philanthropist and jewelry collector May Bonfils Stanton.

The 34-carat emerald next appeared in the 1971 sale of Stanton’s estate by Parke-Bernet Galleries, where it went to a private buyer and has remained until its sale at Sotheby’s this week.




The emerald was the sixth highest-grossing lot in the sale, which totaled nearly $29 million.

The top lot was a pair of earrings (pictured above) comprised of two square emerald-cut diamonds weighing 20.29 and 20.02 carats, topped by two smaller square emerald-cut diamonds weighing 1.01 carats each and further accented with small round diamonds weighing approximately 0.70 carats. They sold for $5.3 million.

The earrings were followed by a rose gold pendant, set with an 11.19-carat pear-shaped fancy pink diamond that garnered $2.4 million; an emerald-cut fancy gray-blue diamond weighing 5.07 carats, accented on the mounting by baguette, triangle and single-cut diamonds weighing approximately 0.30 carats, which sold for $1.6 million; and a pair of earrings

featuring two suspended pear-shaped diamonds weighing 7.36 and 7.03 carats, topped by six round sapphires weighing approximately 1 carat, which went for $1.3 million.

Also topping the $1-million mark was a cut-cornered square mixed-cut fancy vivid green diamond weighing 1.64 carats, flanked by two cut-cornered triangle-shaped diamonds weighing approximately 0.65 carats, which sold for $1.2 million.
Brecken Branstratoris the senior editor, gemstones at National Jeweler, covering sourcing, pricing and other developments in the colored stone sector.

The Latest

Stock image of shipping containers
EditorsApr 09, 2025
Tariffs: What We Know Right Now

Editor-in-Chief Michelle Graff answers questions about how the new taxes levied on countries like India and China will impact the industry.

Tiffany & Co. Iguatemi São Paulo Flagship Exterior
MajorsApr 09, 2025
Tiffany & Co. Opens Flagship in Brazil

The new store in the upscale Iguatemi São Paulo mall is the storied brand’s first flagship in Brazil.

Tyla in Pandora jewelry campaign
MajorsApr 09, 2025
Pandora Names Tyla as Its New Brand Ambassador

The Grammy-winning singer-songwriter, who is set to perform at Coachella this month, also debuted a curated selection from the brand.

gia-topimage 0325.jpg
Brought to you by
A Brilliant Future Is Here

Get online education from GIA experts.

GIA logo
GradingApr 08, 2025
GIA Expands Overseas Services as Tariffs Kick In

GIA’s labs in Dubai and Hong Kong are now accepting larger diamonds in light of the “logistical challenges” presented by the new tariffs.

Weekly QuizApr 03, 2025
This Week’s Quiz
Test your jewelry news knowledge by answering these questions.
Take the Quiz
Rolex Land-Dweller Platinum Watch
WatchesApr 08, 2025
Here Are the New Rolex Watches for 2025

The introductions include the Land-Dweller, Rolex’s first new model since 2012, as well as several new dials for its classic timepieces.

David Webb necklace
MajorsApr 08, 2025
David Webb Has a New Owner

The storied American jeweler also has named a new CEO.

bench jeweler 1872x1052.png
Brought to you by
The Heart of the Industry: Giving Bench Jewelers the Recognition They Deserve

Bench jewelers spend years honing their skills, Jewelers of America’s Certification validates their talents.

Willis Cowlishaw
MajorsApr 08, 2025
Willis Cowlishaw, Zale Executive and Mentor to Many, Dies at 98

Cowlishaw earned a degree in horology after serving in World War II, working at one of the first Zales stores in Tulsa, Oklahoma.

Stock image of a gavel and books
CrimeApr 07, 2025
Third Man Involved in $2.7M Smash-and-Grab Is Sentenced

In March 2022, the men went into a jewelry store in Beverly Hills and smashed the display cases with sledgehammers and crowbars.

F.P. Journe Chronomètre Bleau Byblos Watch
AuctionsApr 07, 2025
Sotheby’s ‘Area_51’ Watch Auction Totals $1.6M

The 51 unique watches from Sotheby’s three-day sale and immersive exhibition all found buyers, with the top lot selling for $229,955.

Jewelers Mutual and Jewellers Loop logos
MajorsApr 07, 2025
Jewelers Mutual Expands to Australia Via New Acquisition

The company has acquired Australian jewelry insurance provider Jewellers Loop.

Neuroscientist and speaker Beau Lotto
Events & AwardsApr 07, 2025
Converge Taps Neuroscientist as Opening Keynote Speaker

Beau Lotto’s immersive presentation will be a blend of neuroscience, art, and entertainment.

Victorian Burmese sapphire and diamond brooch
AuctionsApr 04, 2025
25-Carat Burmese Sapphire Brooch Sells for $101K

A pink topaz Belle Époque pendant-brooch and a Victorian Egyptian Revival choker were also highlights at a recent Anderson & Garland sale.

Mason Kay International Jade Summit 2025 Graphic
SourcingApr 04, 2025
Mason-Kay Jade to Hold Inaugural International Jade Summit

The event, which will co-locate with the Monterey Bay Jade Festival, will bring education sessions focused on jade to the United States.

Heather B. Moore Lily of the Valley Oval Charm
CollectionsApr 04, 2025
Piece of the Week: Heather B. Moore’s ‘Lily of the Valley’ Charm

The charm is a celebration of springtime as April showers bring May flowers with the piece’s cluster of diamond raindrops.

Stock image of people shopping in a mall
SurveysApr 03, 2025
2025 Retail Sales to Grow More Slowly Amid ‘Uncertainty,’ Says NRF

The National Retail Federation expects retail sales growth to return to pre-pandemic levels as consumers continue to face inflation.

Tallulah Willis’ Engagement Ring
TrendsApr 03, 2025
Tallulah Willis Imbues Antique Engagement Ring With Magic

The 4-carat, old mine brilliant-cut diamond engagement ring was co-designed by Willis and New York City-based brand Karina Noel.

158.2-carat yellow diamond from Diavik
SourcingApr 03, 2025
Canadian Mine Produces 158-Carat Yellow Diamond

Rio Tinto unearthed the diamond at its Diavik mine in Canada’s Northwest Territories.

Buccellati Naturalia exhibition
CollectionsApr 03, 2025
Buccellati to Open Immersive Exhibition in Milan

The multisensory experience, open April 8-13, will feature the brand’s silver creations among dream-like scenes of natural landscapes.

Jewelers of America logo
Policies & IssuesApr 03, 2025
Jewelers of America to Hold Webinar on Tariffs

The virtual event will take place April 7 at 3 p.m.

Bea Bongiasca Animali Tarallo Collection Royal Blue Tang Fish “Dory”
CollectionsApr 02, 2025
Bea Bongiasca’s ‘Tarallo’ Collection Expansion Is a Zoo

The pieces in “Animali Tarallo” portray animals from stingrays to elephants through portraits and interpretations of their patterns.

Neiman Marcus Downtown Dallas store
MajorsApr 02, 2025
Neiman Marcus’ Dallas Flagship Will Remain Open, For Now

Parent company Saks Global said the iconic location will be open through the holiday season as it decides what to do with the space.

Natural color diamonds on display at Smithsonian National Museum of History
SourcingApr 02, 2025
Winston’s Collection of Natural Color Diamonds Now on Display in D.C.

Ronald Winston, son of Harry Winston, donated the diamonds to the Smithsonian National Museum of Natural History in Washington, D.C.

Punchmark
Events & AwardsApr 02, 2025
Punchmark to Host Client Workshop

The educational event will take place in Charlotte, North Carolina, this May.

Bergman Jewelers family
IndependentsApr 01, 2025
Bergman Jewelers in Omaha Closing After 137 Years

The independent jeweler first opened its doors in 1888.

QVC Group Inc. logo
MajorsApr 01, 2025
QVC Group to Cut 900 Jobs in the U.S.

The layoffs come amid the TV shopping channel’s efforts to restructure and focus on live shopping through social media.

×

This site uses cookies to give you the best online experience. By continuing to use & browse this site, we assume you agree to our Privacy Policy