Are you familiar with the beautiful gemstone, spinel? According to the GIA website: "Spinel is generally highly sought after by gem connoisseurs, and well-formed spinel crystals are in high demand among collectors."
But of course, some colours of spinel are rarer, and hence, more valuable than others. Red spinel is the most sought after. Again, according to the GIA website, "Red spinel ranges from orangy red to purplish red, with pure red to slightly purplish red hues of medium to medium-dark tone considered the finest of all. "
And it is a degree of the latter, we believe, that we have here. Check out the appraisal we have just had done on this beauty: it's valued at $5575 CAD.
This emerald-cut purplish-red spinel and diamond ring came into our possession again through our favourite high-end estate auction house who described this, prior to auction, as a "red spinel weighing approximately 1.55 carats, and of a medium dark tone of reddish, violetish, pink colour, lightly to moderately included." In fact, the spinel is actually 1.75ct per its new appraisal with absolutely perfectly eye-clean clarity - no visible inclusions!
This stunning ring, hallmarked "Prosper" is fashioned from platinum and weighs an impressive 12.2 grams. Adding to the overall beauty and quality of this size 6.5 ring are 0.60 carats of diamonds of J-K colour and Si1 - I1 clarity. As you can see from the photos, these diamonds have been beautifully set into a stunning arrangement in the sides of the band and around the 9.90 x 5.65mm red spinel.
The top of the ring rises 6mm above your finger; the mount measures approximately 13mm long x 11mm wide. Where the split diamond band meets the top of the ring at the sides, the width is 5mm, tapering into one piece at the bottom measuring 3mm. With all that platinum in this ring, it feels very solid indeed.
The high profile Toronto estate auction house from whom we acquired this stunning ring (the wear on the Prosper signature indicates its previous owner wore it for many years) rates its condition as "very good" but mentioned that two diamonds have small chips. Well they sure must be small because we couldn't find them! I doubt you will either without a powerful jeweler's loupe!
So, if you want a beautiful ring with a rarer gemstone of lovely colour, accented by diamonds and set in platinum, consider this captivating Spinel & Diamond ring. Unique, stunning, valuable: a winning combination.
Antique, Estate Diamond and Gemstone Jewelry: Rings, Necklaces, Bracelets. Cartier, Erte, Tiffany
It's not too soon to start Christmas shopping! We are receptive to all reasonable offers. Why not try yours now? Layaway OK!