Lapis Lazuli Necklace, ca. 1910
Appraised Value: $1,500 - $2,000
IMAGE: 1 of 3
Appraisal Video: (2:22)
GUEST: When my grandmother passed away, she wrote an inscription so that my mother would actually get the box, because it was one of her most prized possessions.
APPRAISER: Okay. Do you know where she got it from?
GUEST: She had gotten it from my grandfather as a wedding present. They had actually met on a blind date and got married in the '30s.
APPRAISER: Well, he obviously had quite good taste.
APPRAISER: What I'd like to point out to start with is the box is from C.D. Peacock in Chicago. I'm sure you're familiar with that. The firm still is in business today. Back... it opened up around 1837 and it was the first jewelry store in Chicago.
APPRAISER: They catered mainly to high-end clients and had some really beautiful one-of-a-kind pieces. This piece here, that you've brought in today is carved Lapis, and this is from Russia. This quality of Lapis is this nice, dark blue quality, with not a lot of pyrite inside of it, and so it's free of any of those inclusions and it's also carved in China.
APPRAISER: So it would've been mined in Russia and carved in China. At that point, it would be imported. This is from about... circa 1910, this necklace, so it's a little earlier.
GUEST: Wow. It's earlier than I thought.
APPRAISER: Exactly. And the reason why I can date this is that it's called the fetter link chain. And it's elongated chain links here with shorter links, and that's called a fetter link, which was very popular around 1910.
GUEST: Oh, okay.
APPRAISER: The other thing I did want to point out, too, is that the style of necklace is this carved stone, which is very popular and very much in style today.
APPRAISER: Yes, it's very in vogue. Do you have any idea as to its value?
GUEST: No clue. I know that my mom's kept it in the safe deposit box because it was so special and important to my grandmother, but right now it's sentimental value.
APPRAISER: Okay. I would say, if I were to value this at auction, probably looking at around $1,500 to $2,000.
GUEST: Wow! That's a lot more than I really thought it would be.
APPRAISER: Right. Like I said, ten years ago, this probably would have been $500 only because it wasn't as desirable.
GUEST: Oh, that's great. My mom will be happy to hear that.
APPRAISER: I'm glad.
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