Let’s Take Five

Eesha Patkar highlights the five revered gemstones from Saffronart’s upcoming jewellery auction

Last month was a milestone for Saffronart. We held our most successful sale ever in our 15 year journey as an auction house. We achieved world records for four important Indian artists, both Modern and Contemporary. We made headlines. And we basically raised the bar.

Even as we pat ourselves on the back—just the tiniest bit—we are already preparing for our next auction. This time, we’re adding some sparkle in the dry days of October. Not to mention, a bit of polish.

Coming up is our Online Auction of Fine Jewels and Silver on 28 – 29 October on saffronart.com. From traditional Indian jewellery that draws on centuries of craftsmanship, to peculiar sounding jewels that are as rare, as they are beautiful—we have it all.

For the next few weeks, we will cover some of the highlights of our auction in a series of blog posts. Today, we look at the Big Five: pearls, diamonds, emeralds, sapphires and rubies. They’re part of an important order of nine gemstones—or navaratna—in Indian gemmology, and highly valued.

History is littered with stories, gruesome to romantic, that involve these prized jewels. And our auction features a bunch of them. They’re guaranteed to invite looks of envy. After all, as Harry Winston famously said, “People will stare. Make it worth their while.”

You can’t cry on a diamond’s shoulder, and diamonds won’t keep you warm at night. But they’re sure fun when the sun shines.” —Elizabeth Taylor

An Important Diamond Necklace

An Important Diamond Necklace (on auction)

DIAMONDS have a long history in India, which was the world’s first and only source for this precious gemstone for more than 2000 years, until the discovery of diamond mines in Brazil in 1729.

The Venetian explorer Marco Polo, who travelled to India in the 13th century, narrates an exotic — and exaggerated — tale about the unapproachable diamond valleys of Golconda inhabited by deadly, venomous snakes and eagles who fed upon them, and the arduous manner in which the diamond seekers got their prize.

Maharajas, Mughal courts and royal families collected vast quantities of loose diamonds both, for their treasuries as well as for jewellery. These diamond crystals were rarely cut, so as to retain their original size and weight, and flaws were only camouflaged with small facets.

Of the many ways a diamond could be cut, the rose-cut—the flat-backed, domed and faceted top, as seen in the three-tiered diamond necklace on auction—was attributed to Indian lapidaries. Mughal jewellers used this technique to make the best use of irregular, flat type of rough diamonds.


The lot on auction is a modern version of diamond necklaces favoured by royalty. It is significant for its use of unusually large, rose-cut diamonds, inverted, with a nod to the flat-cut diamonds used in traditional Jadau jewellery. The use of spacers with peacock motif as a harness is a subtle nod to traditional Indian design, while maintaining a modern minimalism which allows for a focus on the stone rather than the setting.

Fact: In 1947, King George VI—the last Emperor of India—inherited 239 loose diamond collets, believed to be from India, among other Crown heirlooms. He had a diamond necklace commissioned for his daughter, Princess Elizabeth, using 105 of these stones, set in a style similar to those in the necklace on auction. The resulting piece was named the Queen’s Festoon Necklace. After her ascension to the throne, the Festoon Necklace has adorned Queen Elizabeth II at various state dinners and galas in 1957, 1958 and 1962 and later.

Pearls are always appropriate.” —Jackie Kennedy Onassis

A Fve Strand Natural Pearl Necklace

A Five Strand Natural Pearl Necklace (on auction)

PEARLS are classic. They have been admired since antiquity, appearing in all kinds of variations in traditional Indian jewellery. In the navaratna order, they’re associated with the moon (the celestial deity Chandra) for their soft radiance and satin sheen.

In the Mughal era, pearls were ubiquitous among the ruling class. Emperor Akbar was frequently depicted wearing multi-strand pearl necklaces. Later portraits and accounts of the Maharajas of post-Mughal India—which depicted them decked head-to-toe in jewellery worth their weight—show an abundant display of pearls in necklaces, turban ornaments and other sartorial accessories. According to historian Oppi Untracht, the natural pearls owned by the Maharaja of Patiala were considered to be among the world’s finest.

Most natural beds of pearl-bearing oysters ran dry due to over-harvesting in the 18th and 19th centuries. Today, natural pearls are extremely rare and expensive. By the early 20th century, cultured pearls—grown under tightly controlled conditions through a technique perfected in Japan—came into mass production, and were widely used in the jewellery trade.

The five-strand magnificent pearl necklace on auction bears a setting seen quite commonly in traditional Indian jewellery—pierced and strung as beads. Pearl stringing was an art, requiring experience and judgment, and a great way to determine the value of a necklace by its arrangement.


The lot on auction is a striking example of the sharp graduation style of pearls, where the focus is on the size and lustre of the central pearls. The design is further enhanced because all five strands end with larger sized pearls which connect to the clasp, as opposed to the more conventional way of stringing pearls according to size. This style of sharp graduation was popular among royal families all over India.

Fact: In medieval Europe, only royalty and high nobility were allowed pearls. Queen Elizabeth I, although abhorrent of them initially, came to love pearls so much in her later life that she had them sewn on to her wigs and dresses.

Girls can wear pearls, but it takes a woman to wear serious emeralds.” —Hettie Judah

EMERALDS have a powerful place in the world of gemstones as the most famous members of the Beryl family. Ancient myths credit this brilliant green stone with magical properties, from the ability to predict the future, to detecting falsehoods. Emeralds were even worn as protective talismans and were believed to cure fatal diseases.

In Hindu texts, the emerald was one of the navaratna stones, representing the planet Mercury. In Persian culture they symbolised goodness and purity. But it was in medieval Europe—where jewels held symbolic importance in political circles—that this gemstone was perhaps considered the most sacrosanct. According to Hettie Judah, “Sumptuary laws of Byzantium, and many from medieval Europe, forbade the wearing of gemstones such as emeralds by those outside the circles of the court; money alone could not purchase the right to wear jewels.”

The earliest known emerald mines were in Egypt, dating as far back as 330 BC, and functioned well into the 1700s. The Egyptian queen Cleopatra was known for her love of emeralds, often using it in her royal wardrobe. In the 1500s, the Spanish conquistadors discovered emerald mines in Colombia, which produced infinitely finer emeralds in terms of colour, clarity and size.

The quality of an emerald is largely assessed on the basis of its colour. For the longest time, Colombian emeralds have led the market, as they are “blessed with near-perfect colour chemistry”, according to Jonathan Self, author of Emerald: Twenty-one Centuries of Jewelled Opulence and Power.

A Colombian Emerald and Diamond Pendant (on auction)

A Colombian Emerald and Diamond Pendant (on auction)

Microscopic inclusions in a Colombian emerald can cause the light penetrating the stone to scatter, giving rise to a rich “green fire” that is widely recognised by experts and desired by collectors, who consider Colombian emeralds as undisputedly the best. The pendant on auction contains a step-cut emerald from Colombia, weighing 24.11 carats.

Fact: India became acquainted with emeralds through Portuguese traders, who brought it through the ports in Goa and Deccan. One of the largest emeralds, dating back to 1695, is believed to have come from the reign of Emperor Aurangzeb, the last of the Mughal rulers. The Mogul Emerald, as it is known, weighs 217.80 carats and is about 10 cm high, with one side inscribed with Islamic prayers and the other with flower ornaments. In 2001, it sold in auction for a cool $2.2 million.

A kiss on the hand may feel very, very good, but a diamond and sapphire bracelet lasts forever.” ―Anita Loos

A Burmese Sapphire and Diamond Ring (on auction)

A Burmese Sapphire and Diamond Ring (on auction)

A bracelet it’s not, but the Burmese Sapphire and Diamond Ring lot on auction not only feels good, and is one to last for eternity. The blue sapphire—(yes, sapphire comes in a range of colours, besides blue)—belongs to a translucent, dark-blue variety of the mineral species corundum.

From 1880 to 1920, Kashmiri sapphires had attracted a lot of attention, found after a landslide hit the region at an altitude of 16,000 feet. The pure, intense blue with the subtle undertone of violet—mined heavily for over eight years—is still considered the holy grail of the sapphire groups. This prized sapphire is rare and coveted now, given that the region was completed depleted of its sapphire sources.

In the last few years, fine Burmese sapphires from the Baw Mar area of Mogok have gained recognition in the market. After the Kashmiri sapphire, the Burmese colour is regarded as highly valuable—ranging from a rich, full royal blue to a deep cornflower blue. The ring on auction has at its centre an oval-shaped natural Burmese sapphire cabochon of vivid blue colour, with no indications of heat treatment.

In Sri Lanka, once known as Ceylon, mining for gemstones began since antiquity, and the oldest sapphires are found there. Sri Lankan sapphires are recognised for their luminosity—colours range from light to mid-blue.

Today, most blue sapphires come from Australia or from Thailand.

While a lot of Indians treat the sapphire with superstition and wear it with great caution—due its association with the unpopular Saturn (Shani) planet in Hindu mythology—many other cultures enjoy its cool, spirituality-invoking colour. The visual allusion to blue skies and the infinite universe is an easy one to make. Those who adopt gem therapy believe the sapphire brings about tranquillity and better concentration, and can cure rheumatic aches, ulcers and eye problems.


Fact: The world’s most famous sapphire and diamond ring is as engagement ring worn by Kate Middleton, wife of Prince William, Duke of Cambridge. It was once worn by Princess Diana during her engagement to Prince Charles, Prince William’s father, and has a great resemblance to the ring on auction.

Rubies do not age. The fire that was locked in their hearts millions of years ago still burns, even after the emperors and empires that fought for them have crumbled to dust and ashes.” —Fire and Blood: Rubies in Myth, Magic, and History

An Impressive Pair of Ruby and Diamond Ear Pendants

An Impressive Pair of Ruby and Diamond Ear Pendants (on auction)

Rubies have been called the Ratnaraj, or “The Emperor of Gems,” in Sanskrit. In Hindu mythology, the Ratna Pariksha describes the demon Vala, who was dismembered for a sacrifice. Each of his body parts turned into a brilliant gemstone as it fell to earth, the ruby being one of them. Rubies were believed to treat heart and blood diseases, and to bless the wearer with longevity and excellent health. A Burmese legend mentions that warriors embedding rubies in their flesh to remain invincible in battle. Whether it was the allure of its brilliant red or its reputation as an amulet, many sought their claim to this lyrical gem.

The ruby has a rich genealogy. Rubies are related to sapphires and belong to the corundum family. They earn their fiery red colour from the presence of chromium. Rubies vary in colour, and are assigned value accordingly. Until recently, Burmese rubies dominated the colour valuation with their pigeon-blood red colour.

The discovery of ruby mines in Montepuez, Mozambique, however, has had many turn their attention to Mozambique as a significant source of fire-red rubies. Mozambique rubies are distinct for their rich, deep, red colour, which is highly coveted today. The price of Mozambique rubies is still a steal for the quality of colour and value they provide.

The cushion shaped rubies in the ear pendants and bracelet on auction are Mozambican in origin.

A Ruby and Diamond Bracelet

A Ruby and Diamond Bracelet (on auction)

Fact: The ruby ear pendants on auction were worn by Mila Kunis, the brand ambassador for Gemfields—a gemstone mining company headquartered in the United Kingdom—at an event by Burberry, held at the Griffith Observatory in Los Angeles, earlier this year.

Tourmaline: A Versatile Gemstone

Manjari Sihare of Saffronart explores why Tourmalines find a special place in the hearts of gemstones collectors

An Unmounted Rubellite Tourmaline Everything that Glitters, The Story by Saffronart

An Unmounted Rubellite Tourmaline
Everything that Glitters, The Story by Saffronart

New York: Tourmalines seem to have special place in the hearts of gemstone enthusiasts, primarily for two reasons – first, that these gems can be found possibly in every color one can think of, and secondly, that these stones are affordable to most.

The word tourmaline is derived form the Sinhalese word tura mali, which means ‘mixed stone’. Tourmaline is not a single mineral but a group of minerals related by the close similarity of their physical and chemical properties.

Tourmalines are mixed crystals of aluminium boron silicate, and even slight changes in their chemical composition cause completely different colors. There are tourmalines in single colors, while some may exhibit two colors in a single stone. Certain tourmalines may even change color when the light source changes from natural to artificial. Different colored tourmalines are known by different names. Tourmalines that are red in natural and artificial light are known as rubellites; red tourmalines that turn pink when the light changes are called a pink tourmalines; blue tourmalines are known as indicolites; yellowish brown tourmalines are known as dravites; green tourmalines are known as verdelites; and black tourmalines are known as schorl. Tourmalines with two colors are bicolored tourmalines, while those with more are known as multicolored tourmalines. A particularly attractive type of tourmaline is known as the watermelon tourmaline because it has a red center and is surrounded by a layer of green. When cut into, these tourmalines are green on one side and red on the other.

A triangle-shaped rubellite tourmaline, weighing approximately 4.67 carats.Everything that Glitters, The Story by Saffronart

A triangle-shaped rubellite tourmaline, weighing approximately 4.67 carats.
Everything that Glitters, The Story by Saffronart

The proper lighting conditions for tourmaline will depend on the color variety. Reds, oranges and yellows generally look best under incandescent light, while greens, blues and violets appear prettier under daylight. When buying any gem, it is always a good idea to examine it under a variety of light sources.

Tourmalines are found all over the world, with the major mining areas in Brazil, Sri Lanka, Nigeria, Zimbabwe, Kenya, Tanzania, Mozambique, Madagascar, USA, Pakistan and Afghanistan. Although they are so abundantly available, tourmalines of exceptional color and quality are rare. The value of a tourmaline is determined by its color, undertones, and clarity.

242 Carat Tanzanite Tiara: The Michael Scott Collection

Manjari Sihare of Saffronart shares details of a beautiful tanzanite tiara from the Collection of Michael Scott, of Apple fame

New York: I recently came across a gem collection which is touted to be the most important private collection of jewels in the United States. It is the collection of Michael Scott, the first president of Apple Computer. While Scott really needs no introduction, his name has come up in many-a-times in the infinite biographies of Steve Jobs that flooded the market after the latter’s untimely demise. With a University Degree in Nuclear Physics, Scott went onto become the President of Apple Computer in 1977, and in the short span of his five year tenure, Apple Computer became one of the most successful companies in the United States. During this time, Scott launched the Apple II personal computer and took the company public in 1980. He left the company in 1981 after  a clash with Jobs, with millions of dollars worth of company stock.

5500 carat Star Rose Quart
The Michael Scott Gem Collection

The Michael Scott Gem Collection is known to have few rivals worldwide outside of royal families. Scott’s interest in gemstones dates to the mid 1980s. Characteristic of most seasoned collectors, he began with reading extensively on gemology to build a knowledge base. He then prepared a list of pieces he desired for his collection. A select group of brokers were entrusted with the job of going after his wish-list. The collection includes spectacular examples of all major as well as rare gemstones, and jewelry, including  antique pieces from the mid-19th to early 20th centuries. One of the highlights is a 5500-carat star rose Brazilian quartz which is known to be the largest  star rose quartz in the world.

Another magnificent piece of jewelry is a tiara accented with 803 brilliant cut tsavorite garnets and 913 cut diamonds encompassing a large tanzanite weighing 242 carats.

Tiara with a 242 carat Tanzanite, 803 tsavorite garnets and 913 cut diamonds
The Michael Scott Gem Collection

Tanzanite is the blue/purple variety of the mineral Zoisite (a calcium aluminium hydroxy silicate). Zoisite is naturally found in a variety of colours ranging from brown to green. Treating the mineral with heat can impart it with a brilliant blue colour, and it is blue Zoisite alone which is known as Tanzanite. The mineral was named by Tiffany & Co. after the country in which it was discovered, Tanzania. Some Tanzanite may include a purplish tinge, and is the most coveted variety of the stone, as the purple and the blue complement each other magnificently.

The geographical origin of the Tanzanite can be easily garnered from the name of the gem – the East African nation of Tanzania is the only place on Earth where this beautiful blue stone is found. How Tanzanite was created and discovered, on the other hand, is anything but simple. It is estimated that the creation of the stone began over 500 million years ago with the eruption of the volcano we now know as Mt. Kilimanjaro, which caused a shift in the physical and chemical properties of the earth around it, allowing the Zoisite crystals there to develop into Tanzanite.

Tanzanite was discovered only as recently as 1967 by Masai tribesmen tending to their cattle in the Merelani Hills of Tanzania. According to legend, heat from a grass fire near Kilimanjaro turned the naturally brown Zoisite crystals into a fantastic shade of blue, and the Masai tribesmen, enthralled by the sea of blue stones they had never laid eyes on before, became the first human gatherers of Tanzanite. Even today, the areas where significant deposits of Tanzanite can be found and commercially mined comprise a mere four square kilometers near the towns of Arusha and Moshi in the Merelani Hills.

A Set of Unmounted Tanzanites (25.11 carats approx.)
Everything that Glitters, The Story by Saffronart

Tanzanite is one of the few gemstones that can only be found in a concentrated region of the world, and this unique factor makes it highly sought after. The ever changing political, social and economic conditions of Tanzania also ensure that the stone is coveted, since collectors and suppliers cannot turn to another source to acquire it. Saffronart is pleased to offer a range of unmounted and strung tanzanites in our collection, Everything that Glitters featured on The Story. A spectacular acquisition is a set of six unmounted tanzanites – two pear-shaped, two oval-shaped and two trillions, with a total weight of almost 25.11 carats. Tanzanite is believed to have calming and balancing properties and was added to the American Gem Trade Association’s list of birthstones, as the birthstone for the month of December.

Read more about the Tanzanites in this interesting article published by the Time Magazine.

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