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    1938 Granat Brothers Jade & Diamond Ring

    Appraised Value:

    $4,000 - $6,000

    Appraised on: July 23, 2011

    Appraised in: Tulsa, Oklahoma

    Appraised by: Kate Waterhouse

    Category: Jewelry

    Episode Info: Tulsa, Hour 1 (#1601)

    Originally Aired: January 2, 2012

    slideshow IMAGE: 1 of 2 Next 

    More Like This:

    Form: Ring
    Material: Diamonds, Jade, Platinum
    Period / Style: 20th Century
    Value Range: $4,000 - $6,000

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    Appraisal Video: (2:20)


    Appraised By:

    Kate Waterhouse

    Freeman's Auctioneers

    Appraisal Transcript:
    GUEST: This is a family piece. The stone was originally purchased at the World's Fair in San Francisco Bay at Treasure Island. And then it was set as a ring by Granat Brothers in San Francisco.

    APPRAISER: Well, it's a really beautiful piece, and it's interesting that the stone was purchased separately from the setting. And that's what makes it a little bit more interesting than just the average jade stone. It's been set by Granat Brothers, who was a really reputable jeweler.

    GUEST: That was the jeweler, quite frankly.

    APPRAISER: Yes, exactly. The setting is beautiful. It's a platinum and diamond setting, and the jade stone you had brought in and you picked the setting, you said. How did you pick it?

    GUEST: Oh, my parents were advised by their designer and they wanted something complementary, and I guess in those days, Art Deco was what was new.

    APPRAISER: That's beautiful. Well, in today's market, what's difficult is to find an antique setting that would complement a stone of this nature. And what's nice is we can date the stone to at least, you said 1938, correct?

    GUEST: Exactly.

    APPRAISER: Which means that more likely than not, there's no treatment to the stone whatsoever. It's usually an impregnation of color, or it's been dyed. It's normally just an enhancement of a green that's already there. And there are a few folks in the U.S. who are able to determine whether or not a jade stone has been treated. But we normally say prior to the 1950s, 1960s, there really isn't much of a chance that it's had those treatments done and it's probably all natural. It's a nice large piece, it's nice and flat. Really the only thing the ring needs is just a quick buff to the top of it. Do you wear it much right now?

    GUEST: Not at all.

    APPRAISER: Oh, you should. I like that you also have the original box. While it doesn't add a lot of value, it's a fun thing to have. I also love, and you have right here, a picture of you as a child at the World's Fair in San Francisco. So sweet.

    GUEST: Oh, thank you.

    APPRAISER: Nice little thing to add to the provenance. Do you have any idea how much your parents might have paid for it?

    GUEST: Not a clue. I know a journeyman carpenter was working for 35 cents an hour in those days, so...

    APPRAISER: Okay. Jade is very, very popular right now. And the greener it is, the more value it has. At auction today, and auction is a fair market value, we would probably use an estimate of about $4,000 to $6,000.

    GUEST: Oh, my.

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