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.”


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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.

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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.


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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.

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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.


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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.


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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.

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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.


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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.


World Famous Sapphires

Amy Lin of Saffronart explores some of the most renowned sapphires in the world

In my previous post, I wrote about the significance of Kashmir sapphires. Here, I’m going to expand the geography and compare some of the best sapphires in the world. While the best source for sapphires is Kashmir in India, other important ones are Burma (Myanmar) and Sri Lanka.

In our current October Jewelry and Watches Sale, we feature a striking 5.81 carat pink sapphire and diamond ring from Burma. It is important to note that not all sapphires are blue but come in various shades including pinks, yellows, oranges and more. To learn more about sapphire formation, visit our jewelry guide.

Below are some of the world’s most famous sapphires for your viewing pleasure. Enjoy!

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Hill’s Kashmir Pendant:

Owned by railroad mogul James J. Hill in the late 19th century, this 22.66-carat sapphire surrounded by diamonds is a perfect example of a Kashmir sapphire with its velvety luster. Image Credit: http://jewelry-blog.internetstones.com/famous-gemstones/hills-kashmir-sapphire

Rockefeller Sapphire:

The Rockefeller sapphire belonged to John D. Rockefeller Jr., the only heir of  the Rockefeller empire. It is said that the stone was acquired from the Indian Maharaja Mir Osman Ali Khan, the last Nizam of Hyderabad, in 1934. The 62.02 carat gemstone is internally flawless and retains a deep cornflower blue. Image Credit: http://www.forbes.com/2001/03/28/0328pow.html

Stuart Sapphire:

Part of the Royal Crown Jewels of Queen Elizabeth II, this sapphire was originally acquired by Robert II of the House of Stuarts in the 14th century. The Stuart sapphire rests on the crown band, weighing 104 carats with a cabochon-cut. It is one of the most historically significant sapphires. Image Credit: http://www.royalcollection.org.uk/collection/31701/the-imperial-state-crown

Logan Blue Sapphire:

Named after Mrs. John A. Logan after she donated the sapphire to the Smithsonian Institute, this cushion-cut stone is originally from Sri Lanka. Weighing 422.99 carats with no internal flaws, it is the second largest sapphire in the world. Image Credit: http://jewelry-blog.internetstones.com/famous-gemstones/logan-blue-sapphireImage

Queen Marie of Romania Sapphire:

The 478.68 carat, cushion cut, cornflower blue sapphire was Cartier’s prize jewel at the 1919 Autumn Exhibition in San Sebastian, Spain. It was admired by royalty from all over the world. Prince Ferdinand bought the sapphire pendant for his mother, Queen Marie of Romania, which she later worn to his coronation in 1922. Image Credit: http://www.kings1912.com/blog/wp-content/uploads/2012/09/Queen_Mary_of_Romania_sapphire.jpg

Blue Giant of the Orient:

At 466 carats, the Blue Giant is the largest faceted sapphire in the world. The gemstone first made headlines in Sri Lanka in 1907 but mysteriously disappeared for almost a century until recently. It is often called a Kashmir sapphire not because of its origin but it’s corn flower blue that resembles the best sapphires in the world.  Image Credit: http://yukotravels.blog.com

Mona von Bismarck Sapphire Necklace:

The 98.57 carat sapphire necklace is a great example of Art Deco design. It’s set in platinum and accented with diamonds and sapphires. This Cartier necklace was acquired by the American socialite Mona vin Bismarck who married Count Eduard von Bismarck in the late 1930s. Image Credit: http://mineralsciences.si.edu/collections/gem_gallery/c/bismarckSapphire.htm

Star of India:

The Star of India is one of the biggest sapphires in the world at 563.35 carats. It was donated to the American Museum of Natural History by J.P. Morgan in the early 20th century. In 1964, the sapphire was famously stolen from the Museum and turned up in a Miami locker several months later. Image Credit: http://jewelry-blog.internetstones.com/wp-content/uploads/2008/04/star-of-lanka-royal-ontariomuseum.jpg

Royal Sapphire Engagement Ring:

This famous royal engagement ring was first worn by Princess Diana. It was purchased through Garrard Jewelers and has made sapphire engagements popular ever since. Prince William presented his mother’s ring to Kate Middleton at their engagement last year as a commemorative and romantic gesture. Image Credit:http://www.fashionfame.com/community/topic.php?id=2207

Blue Velvet: The Myth of the Kashmir Sapphires

Amy Lin of Saffronart explores the significance of the Kashmir sapphire in this month’s auction of Fine Jewels & Watches

Lot 25: AN UNMOUNTED NATURAL KASHMIR SAPPHIRE
A cushion-shaped modified brilliant and modified step cut sapphire, weighing 11.15 carats
Auction of Fine Jewels & Watches (OCT 30-31, 2012)

New York: At 11,000 feet above sea level, miners risk dangerous situations to procure one of the most precious gemstones in the world, the Kashmir sapphire. Kashmir sapphires retain a brilliant, dreamlike blue colour that captivated the hearts of kings and civilians alike. Some call these stones ‘blue velvet’, while others simply know them as the rarest sapphires in the world.

We are proud to feature a magnificent 11.15 carat Kashmir sapphire in this month’s auction of Fine Jewels & Watches. The gem is cushion shaped, with step cuts that illuminate its radiance. Its un-mounted nature allows designers and jewelry lovers countless ways in which to set it in a unique ring, brooch or pendant.

Sapphires are part of the mineral corundum family, and carry traces of aluminum oxide. Although they come in different colours, the most famous and sought after are blue sapphires that carry hints of titanium. Besides their brilliance, sapphires are extremely resilient, placing them second only to diamonds on the Mohs Hardness Scale. The value of sapphires is determined by their colour, purity, reflection and size.

The Maharaja of Jammu and Kashmir, late 19th century
Photographer: Deen Dayal
Image Credit: http://www.oldindianphotos.in/2012/02/maharaja-of-jammu-and-kashmir-late-19th.html

Sapphires were first discovered in Kashmir in the 1880s, when a landslide revealed a mineral deposit of exceptional quality and size. The British Indian geologist F.R. Mallet was hired to indentify the stones, which turned out to be sapphires like no other. He recorded his discovery in the Manual of Indian Geology at the Indian Museum. Upon hearing about the blue gems in his region, the Maharaja of Kashmir sent troops to secure the mines but allowed his subjects to keep the ones previously extracted. From 1882 to 1887, Kashmir flourished as riches spilled into the kingdom.

Before long, heavy mining led to the decline of profits and the depletion of resources.  Although evacuations have been led to find other mines, none could rival the quality of the first. In modern times, the Indian Himalayas have seen a lot of guerilla warfare. Therefore, whether additional deposits of Kashmir sapphires are still hidden underground is a matter of speculation. It is without a doubt that the sapphires from Kashmir’s early mining days are the best in the world in terms of their colour and size. Their unique, intertwining crystals give them a hazy, hypnotic quality that evokes dreams and mysticism. Because of their short mining debut, they are one of the rarest gems in the world, making them a true collector’s item.

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