July Newsflash - 10 Carat Diamond Sells for $13M, Birthstone Ruby, & More!

July 2024, Newsflash

July Birthstone

Ruby

The magnificent red Ruby is known to be the gemstone of life’s energy and is also the birthstone for the month of July. Ruby was considered the stone of love, energy, passion, power, and a zest for life. Like no other gemstone in the world, Ruby is the perfect symbol for powerful feelings. It is said that wearing this gemstone brings spiritual wisdom, mental concentration, focus, confidence and inspires creativity. The Ruby is a stone of nobility. Since ancient times, this crimson-colored gemstone has been known as the King of Gemstones and has been a protective stone providing the wearer with benefits such as invulnerability and preserved health. Rubies worn by men signified manhood and nobility. Rubies worn by women were said to invoke passion and power. The energy of the ruby is intense and vivid. This stone encourages one to follow bliss. A wonderful stone that stimulates our basic instinct of/for survival. It strengthens both the physical and emotional heart.

In ancient times the fiery blood red Ruby was said to wake up the heart with Love - Confidence - Loyalty - Courage. Ruby gives positive life force qualities and reduces negative thoughts of a person. It is also considered to be the most powerful gem in the universe. Sleeping with a ruby will help promote lucid dreaming, warding off bad dreams and allowing your conscious mind to interact with your subconscious mind. Any jewelry that is designed to carry a Ruby signifies so much passion and love between two people, that it makes Ruby an ideal choice for engagement or Valentine's Day jewelry. Furthermore, Ruby is the gemstone to be given on the 15th and 40th wedding anniversaries.

Jewelry Auctions

10-Carat Pink Diamond

Sells for $13M at Christie’s

“The Eden Rose” is a fancy intense pink diamond that was

appearing at auction for the first time.

“The Eden Rose,” a fancy intense pink diamond weighing a little over 10 carats, appeared at auction for the first time in June 2024, headlining Christie’s “Magnificent Jewels” sale in New York.

An unnamed buyer paid $13.3 million for the stone.

New York—“The Eden Rose,” a 10.20 carat fancy intense pink diamond, bloomed at Christie’s jewelry auction in June selling for $13.3 million, or $1.3 million per carat, exceeding its pre-sale estimate of $9 million to $12 million. Named, according to Christie’s, after the symbol of unconditional love, “The Eden Rose” is an internally flawless, round brilliant-cut stone, an unusual cut for a natural color diamond. The diamond is set into an 18-karat white gold ring with 18-karat rose gold prongs and is surrounded by a halo of pear brilliant-cut and marquise-cut diamonds weighing between 0.73 and 3.11 carats.

The “Magnificent Jewels” sale at Christie’s marked the first time “The Eden Rose” has been offered at auction. Christie’s said the diamond is the most significant IF, round brilliant, fancy intense pink to come to auction in more than a decade.

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Style & Trends

Pieces of the Month

Eriness’ ‘Snake Coil’ Necklace

Eriness’ “Snake Coil” necklace in 14-karat yellow gold with two emerald eyes and diamonds totaling 0.93 carats ($4,695)

Snakes have always been a popular motif in jewelry trends, especially recently, with Eriness’ “Snake Coil” necklace following suit. The piece depicts a 14-karat yellow gold snake with two emeralds for eyes coiling around a circle of pavé diamonds, totaling 0.93 carats.

Argenti

Designer Jewelers

“Serpentine” Solid Sterling Silver Embossed Cuff Bracelet

“Serpentine” Sterling Silver Embossed Cuff Bracelet with Onyx Eyes

Argenti Designer Jewelers creates a Serpentine Inspired Bangle Bracelet. The unique exclusive design. The exquisite, serpent inspiration has a hinged back for easy on and off access. Bangle bracelet is designed in pure .925 Sterling Silver with onyx gemstones set in the eyes. $279.00

Special order the Serpentine Cuff Bracelet click here

The history of jewelry designs with serpentines or snakes have varied meanings from fertility, rebirth to healing and guardianship. Including sexual desire and passion. Snake jewelry became popular after Prince Albert proposed to Queen Victoria with an engagement ring with a snake design and an Emerald set in the head. Jewelry with serpentine inspiration represents the energy of regeneration and regrowth. When we wear a snake design it can metaphysically mean that our lives are forever changing and we are growing beyond our current circumstances shedding old versions of ourselves.

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