We started buying championship men’s rings in 1984 on Fourth Street, when we bought a 1951 Yankees ring. It was from a retired player and brought a paltry price by today’s standards – $12,000 for our customer (minus our 25 percent commission).
While it’s universally accepted among gemologists that round brilliant-cut diamonds are the only diamonds that hold their value, we at Old Northeast Jewelers favor a number of other cuts. My personal choice is the emerald cut, because it can be used with a variety of designs – including Art Deco and other unusual styles that lend themselves to the rectangular, streamlined look of emerald-cut stones. I personally collect for my customers more unusual shapes, like kites and rhomboids, along with other more interestingly shaped stones.
Recently, we had two cases of local people getting hoodwinked by unscrupulous diamond dealers. Buying diamonds should be fun. Whether you prefer brightly lit mall stores, celebrity jewelers or big diamond houses – or even if you like the more educated sale we offer at Old Northeast – it can and should be fun and enlightening. Buying and selling diamonds by the look of the diamond – the way it speaks to you – is a lost experience. Too often people are simply buying paper.
What’s It Worth? More Facts And Lore About Tiffany’s
Following last week’s article, more details about Tiffany ...
1. The Tiffany belt buckle. There is a 99.9% chance it is fake. Tiffany did not make bronze belt buckles that you see online. They are fake.
2. Tiffany sold Colt pistols; they can be worth a fortune.
3. Tiffany’s archives department in Parsippany, N.J., will authenticate an item for $1,000. (We can give you a verbal opinion for no charge and a written appraisal for less than $150, in most cases.)
There is much confusion about the term and brand name Tiffany, as the name has had many incarnations. That includes certain engagement ring mountings. The only true Tiffany mounting is signed Tiffany. It is not a generic term.
This rather dated circa-1970s 2.08 ct diamond was brought to us by a lovely, distraught woman who had inadvertently dropped her precious ring down the garbage disposal. While diamonds are very hard, they are also brittle – and will break and crack under pressure, especially the edge or girdle of the diamond.
Often there are mitigating circumstances that make the most beautiful bracelets worth less than you’d expect. It this case, the 1940s retro deco, rose and green gold styling would indicate a value of $5,000 – $7,000.
These bracelets are rarely seen with such a wide footprint. In this case, the bracelet is over 35mm wide, or about an inch and a half. While the condition is excellent and the styling extraordinary, the bracelet is less than 6 inches long, which renders its value only slightly higher than its gold value.
Emerald is one of the most beautiful gemstones in the world. It is also one of the most misunderstood – and difficult to put a value on. Emeralds are actually beryl. Beryl’s name changes according to its natural color. Both morganite (a soft pink), and aquamarine are beryl. When medium to deep intense green, beryl is emerald.
Emeralds are at once common and incredibly abundant, and conversely – as in the case of true gem-quality stones – unbelievably rare and expensive.
A jeweler in Illinois called us to “crack the code” of a ring he had purchased. He knew it had some importance, but couldn’t figure out what. The seal on the intagliocarved amethyst depicted a papal hat from Cairo. On the inside was engraved C.R.H. JAN. 12, 1871, A.Mc.K.T.W ST. MARKS.
Cameo collecting reached its peak in the 1980s with collectors clamoring for the finest, most deftly cut and interesting pieces – and some of them fetched $10,000 or more. Sadly, cameo collecting in 2016 is at its nadir – typically bringing 10 to 25 percent of the 1980s-era value.