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Year 4 Issue 5 June 2005
Famous Colored Diamonds
Watch Trends
AP Audemars Piquet
Exquisite diamond jewelry and captivating colored gemstones
 
       
    Famous Colored Diamonds  A COLORFUL HISTORY
 
 
 
    Many of the world's most famous and expensive diamonds are natural color gems. Probably the most celebrated of them all is the Hope Diamond* an extraordinary fancy blue diamond of 45.52 carats. It is displayed at the Smithsonian Institute in Washington D.C.

     Then there is the Dresden Green, a 40.70 carat apple-green diamond named afterthe German city where it is displayed. One of the most outstanding yellow diamonds is the Tiffany, a 128.51 carat cushion-cut canary yellow gem. Red and pink diamonds are extremely rare. There are only about six known red diamonds in the world. The Argyle Diamond mine in Australia is the world's foremost source of intensely pink diamonds, but only a handful are recovered each year.

     The largest Champagne colored diamond is the Golden Giant which weighs 407.43 carats. At the other end of the color scale in this family is the Ear shape cognac diamond of 111.59 carats.


 
 
 
 

    Red
     T
wo of the very few reds include the Halphen Red which was at one time owned by a 19th century diamond dealer of the same name. It weighed about one carat. Then there is the 5.05 carat Red Diamond. This emerald cut stone was polished by the Goudvis Brothers of Amsterdam in the 1920s. In December 2001, a 1.92ct Red diamond sold at auction for greater than $860,000 per carat.

    Green
 
    The most famous is the Dresden Green named after the city where it was displayed for 200 years. This 40.70 carat stone is apple-green in color and cut as a pendeloque. It is still on display in Dresden.

     Blue
      There are none more famous than the legendary Hope Diamond. An extraordinary fancy blue diamond of 45.52 carats. It is displayed at the Smithsonian Institute in Washington. Argyle has achieved even higher prices in sales of blue diamonds.

     Pink
      The Agra Diamond has its origins in India. This light pink stone, weighing 32.34 carats was recently sold by Christie's. The Hortensia is a five-sided diamond of 20.53 carats of a pale pink color and is used as part of the French Crown Jewels. It is now displayed in the Louvre. In 1987 a .94ct Purplish Pink diamond sold for $926,000 per carat.

     Yellow
     The 10.73 carat Eureka Diamond is a yellowish of the color scale in this family is the Earth Star, a pear- ston6] but its p,ace in history js assured as it js considered to be the first authenticated South African diamond. The Tiffany Diamond is a cushion cut stone of 128.51 carats in the rare canary yellow category.

    Champagne
     The Golden Giant is a giant Champagne colored diamond, which weighs 407.43 carats. It is owned by Click of New York. The privately-owned Earth Star is a pear shape Cognac diamond of 111.59 carats.

 
 
 
 

      Gemoiogical information - Origin Of color in diamonds
      It is not widely known but diamonds are naturally found in more colors than most other gemstones. Color formed in diamonds at about the time the gems started to shape, some three billion years ago. There are said to be three primary causes of color in diamonds:
     Foreign elements. During formation the interaction of another element within the carbon crystal lattice of the diamond led to color. Introduced nitrogen caused yellow or orange diamonds. Boron gave rise to blue diamonds.
      Natural radiation. This influence produced green diamonds.
      Pressure. Compression of the diamond lattice structure by tremendous forces deep beneath the earth is said to have led to red, pink and Champagne Diamonds.


    Laboratory grading information
      Champagne Diamonds are graded by gemologi-cal laboratories in a similar manner to colorless diamonds - except for the obvious addition of color.

    Color
     With Champagne Diamonds this is the most important factor; especially when color-matching diamonds. Inspection is best saved for a bright day with northern daylight for a true perspective. Argyle has developed a guide for ordering uniform tints of Champagne, (show diamond scale)
      C1-C2...Light Champagne
      C3-C4...Medium Champagne
      C5-C6...Dark Champagne
      C7...Fancy Cognac.
    Cut
      Bad cutting can affect the color in a diamond, often leading to uneven color-zoning. In fancy colored diamonds, "bow ties" often appear in those cut in fancy shapes. This is not necessarily bad unless it dramatically affects the color of the stone.

    Clarity
       Like ail diamonds, colored stones come in a range of clarities. The amount of color usually outweights clarity unless the stone is visibly marked.
       The following Gemoiogical Laboratories have accepted and are using Argyle's C1-C7 color grading scale for Champagne Diamonds.

 
   
       Watch Trends  
 


     "An Alternative Man's Watch". Elini launches DN-24 of Street and Chrome in a Sleek and Futuristic Design, is a Perfect Alternative for a Man's Watch. A stream-lined design of Stainless Streel and Black IP Chrome, with a rectangular case that is classy, yet fashion-forward and most definitely masculine, the DN-24 stands for Day and Night, 24 hours a day.

"Dolce Collection": Elini launches a Classic Beauty in the Dolce Collection Inspired by from the desire. Dolce means "sweet" in Italian and refers to the candy-colored hues in which it is available. The Dolce Classic, Top or Full are Swiss-Mode Watch with a White, Pink, or Blue dial, 26 mm Stainless Steel Case, Swiss Made Quartz "Ronda" movement 1064, Sapphire Glass, 3 ATM pressure of water resistance, Interchangeable Italian Leather Strap, 8, 56 or 149 Full Cut Top White Diamonds, Total Weight 0.30*, High Tech Precision Pave Setting.

 
 
 
 
     "NEW YORKER-GRAND":
The New Yorker-GRAND maker a strong impression with its 44 mm stainless steel casing with IP Rose Gold Overlay is offered in 3 different color combinations: Brown, Black and White Sun-ray dial. A chronograph Swiss movement, fine Italian leather straps, hardened Mineral crystal, and a distinctive unique serial number quarantee quelity.

 
 
 
   
     "The Elini Jumbo": With an amazing almost 2 inches (27 mm) of case. The Jumbo Collection is available in the Jumbo S/S, Jumbo S/S IP, Jumbo Top, and the Jumbo Full. This urban style timepiece is perfect for the big and athletic man. This is the watch for the man who has the confidence to wear diamonds and wear it large. The Jumbo has a 47 mm stainless steeel or black ceramic IP case. On the diamond version, the amount of diamonds is strikingly beautiful and yet because of its size and urban lines it looks very masculine on a man's wrist. The oversized case has dual colors in red, blue, or white and also features 3 additional chronograph dials in matching colors.

 
   
       AP Audemars Piquet  
 
 
     1 "Royal Oak Lady Alinghi": 2712, quartz movement rhodium-plating, circular-graining and "cotes de Geneve" decorative pattern. Limited Edition and a depiction of two sails billowing in the wind Satin-brushed steel crown with polished steel cabochon 50 m water-resistance. Dial made from silver with red Alinghi logo. Matt white full-grain crocodile leather wristband strap.
 
 

     2 "Lady Royal Oak watch": Redesigned to emphasize rounded shapes, curving surfaces and softened angles, the octagon transcends its legendary rigorous nature to reveal an extremely endearing side of its personality. Released from its classic proportions, it adopts extremely appealing dimensions. The centre is reduced; the bezel and the flange are broadened and domed, offering a surface in which the eight hexagonal screws almost appear to be spinning. Like two joined hands, the two octagons form a softly rounded pebble that looks as sturdy from the front as it seems delicate from the side.
 
 
       Exquisite diamond jewelry and captivating colored gemstones
    from the private collection of Mrs, Margaret Adderley Kelly
 
 
 
     Christie's, global market leaders in jewelry since 1994, is pleased to announce the sale of the magnificent private jewelry collection of Mrs. Margaret Adderley Kelly, on June 7 at Christie's Rockefeller Centre. The Kelly name is legendary and is internationally recognized as "the company" for providing temporary employees. Mrs. Kelly was a philanthropist and a fashionable woman who loved to travel, enjoyed the performing and culinary arts and avidly collected jewelry and fine porcelain. Her passion and discerning eye for exquisite jewelry and rare and unusual gemstones is seen throughout her collection.

    Kelly Services, Inc.
      Started in 1946 by her husband, the late William R. Kelly, the small Detroit business called Kelly Services, Inc. quickly grew into a temporary staffing empire. Their employees, called The Kelly Girls," were in high demand. By 1957, the iconic "Kelly Girl" became a household name and was synonymous with high-quality temporary employees. Kelly Services, Inc. earned its place as a Fortune 500 company that now employs over 700,000 people with 2,600 offices in 27 countries—a testament to Kelly's pioneering spirit and vision.


     Magnificent Jewels
     The exceptional breadth of the collection offers an array of colored diamonds, diamond jewelry and gem-stones that speaks to her appreciation and connoisseurship for the rare and beautiful. An exquisite group of diamond cluster jewelry by the prominent London jeweler, David Morris, includes a magnificent necklace (estimate: $800,000-1,000,000), a bracelet (estimate: $350,000-400,000), a brooch (estimate: $350,000-400,000) and a pair of ear clips (estimate: $60,000-80,000). Also by David Morris is a pair of elegant diamond ear clips with two large and well-matched pear-shaped diamonds of 13.47 and 13.34 carats (estimate: $250,000-350,000).

     Mrs. Kelly greatly admired rare colored diamonds and was fascinated by two particularly appealing hues exemplified in a striking marquise-cut fancy blue diamond ring of 6.21 carats enhanced by two purplish-pink diamonds (estimate: $400,000-600,000). Also stunning and unusual is a modified rectangular-cut fancy intense orangy-pink diamond ring of 6.82 carats set within a heart-shaped yellow diamond mount (estimate: $350,000-450,000).

     Equally unique and exceptional is her collection of colored gemstones, which features an extraordinary pink-orange Padparadscha sapphire ring of 20.84 carats, a rarity in today's market (estimate: $200,000-250,000). The gemstone whose name is derived from the Sanskrit word 'padmaraga,' meaning the color of a lotus blossom in bloom, displays an excellent hue, intensity and saturation of color. Designed especially for Mrs. Kelly by the celebrated jeweler, Henry Dunay, this captivating piece is part of her vast collection of his designs.

     The Philanthropy of Mrs. Margaret Adderley Kelly
     Mrs. Kelly's philanthropy was a cornerstone of her life and many organizations benefited from her generosity including the Broward Center for the Performing Arts in Fort Lauderdale, Florida, to which she gifted $1 million. A member of the Board of Directors of the Florida Grand Opera, she sponsored several galas and operatic productions. In honor of her grandson, Russell Adderley, who died of cancer at the age of 12, she bequeathed $2 million to the School of Medicine at the University of Michigan. Mrs. Kelly was also involved with organizations including the Memorial Sloane-Kettering Cancer Center, the MD Anderson Cancer Center and a $1 million gift to Catholic Charities.
     www. christies.com