Art Deco Diamond and Ruby Jewelry
Appraised Value: $257,000
IMAGE: 1 of 1
Appraisal Video: (3:11)
Front Desk, Jewelry
GUEST: Well, it belonged to my great-aunt, and her husband was a congressman. They had no children and he spoiled her with jewels.
APPRAISER: He certainly did. Now, roughly when was he a congressman? What years?
GUEST: Mid- to late '20s, maybe '27.
APPRAISER: Okay, now, what you have here is Deco, Deco... and this is earlier-- the cut of the diamonds. These are two pear-shaped diamonds. The large one is two and a half carats and the smaller one is one and a half carats. And a minor detail on that is the color is not as good as the other diamonds.
APPRAISER: And how we show that is, if you put the diamond next to the other diamond, you can see that the diamond in the ring is much whiter.
APPRAISER: So that makes it more expensive. The interesting part about this diamond ring is the diamond is roughly about three carats and the ruby is about two and a half carats. These are large stones. The natural Burmese ruby-- comes from Burma-- it's an old stone, so it hasn't been color-enhanced, hasn't been in any way treated. The ring was made roughly around 1925. Everybody had money and they spent it and they made the best. There's no maker's mark in the ring, but it's a very good jeweler, probably in New York City. Now we get to the diamond and ruby bracelet. The ruby, the center stone, is three and a half carats. You say she took some out?
GUEST: Yes, nine more.
APPRAISER: Nine more. It was reduced in size to fit her wrist. So that comes to a total of 31 rubies. Those weigh 27 carats. You have 70 baguette diamonds and 144 round diamonds, and that comes to close to 15 carats of diamonds. These rubies also are Burma quality. The small ones are a little better than the center one. The center one has a tiny bit of white in it, which is very, very small. But still, as far as a ruby goes, they are quite rare today. And the make on the platinum is excellent. To give you a rough idea what this whole thing is worth, the pendant is worth somewhere around $12,000-- the two diamonds, they're off-color. The ring with the fine ruby and the very, very white diamond-- that's roughly about $80,000.
GUEST: (coughs) $80,000?
APPRAISER: Wait, you haven't heard anything yet. Now, your rubies in here are magnificent. Your bracelet is worth $165,000.
GUEST: I... I never thought it would be that much.
APPRAISER: The three pieces together in today's market is worth somewhere about $257,000, in that area.
APPRAISER: So, do you ever wear any of these?
GUEST: I wear this on occasion and most people never pay attention to it. And my mother has worn these, and people would say, "Why are you wearing that tacky costume jewelry?" I love it.
APPRAISER: But enjoy it, because it is magnificent.
GUEST: Thank you.
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