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- On February 11, 2015
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- alexandrite, black opal, Kashmire sapphire, One-of-a-kind, Paraiba Tourmaline, red emerald, ruby, Scheherazade Jewelers
From Wednesday, February 18 to Thursday, February 19, Galleria-based Scheherazade Jewelers will showcase fine quality jewelry set with rare colored gemstones of exceptional quality from Spark Creations.
Spark Creations was founded in 1972. The New York City-based company quickly established itself as a premier source for fine gemstones. Spark Creations ascended with the goal of sourcing what many experts consider the world’s finest colored gemstones of incomparable quality that are so rare such treasures can only be seen in jewelry created by this exclusive designer. Scheherazade Jewelers is the only jewelry store in the Twin Cities area that has a partnership with Spark Creations.
Collectible Colored Gemstones
To explain, precious color gemstones are and continue to become much sought after global collectibles. Gem-quality diamonds are rare, but many jewelry and gemstone enthusiasts might be surprised to learn that some colored gemstones are actually rarer than diamonds. Black Opal, often called “precious opal,” is so rare that per carat prices have reached $20,000. “Royal One,” a 306-carat black opal, sold for $3 million.
Alexandrite, a member of the chrysoberyl family of gemstones, naturally occurs in a color change variety. That’s right. A single gemstone exhibits two colors – green in daylight (sunlight) and red in incandescent light. Per carat prices for this type of alexandrite have reached an astounding $1,000,000 per carat.
Red Beryl, often called “Red Emerald,” is found only in the mountains of Utah. This red gemstone is so rare that for every 150,000 diamonds found, there is only a single red beryl crystal. Per carat prices for red beryl have topped out at $50,000.
Paraiba Tourmaline, the true neon blue this rare gemstone is known for, comes from a single source, the Paraiba State in Brazil. Found mainly is small sizes of one to two carats, per carat prices for this gemstone have realized as much as $16,000 per carat. Per carat prices for these rare beauties goes up exponentially in sizes of three carats and larger.
The Rarity of the Classic Colors
From Montana to Myanmar, sapphires can be found throughout the world. But only a handful of sources are known to produce the world’s finest sapphires, namely Myanmar (Burma), Madagascar and Sri Lanka (Ceylon). Rarer still are Kashmir Sapphires, found only in northern India in the northwest Himalayas at elevations of 15,000 feet and higher. And, deposits of these incomparable sapphires are snowed under most of the year. Mining these rare treasures in such rugged mountainous terrain places a per carat price of $50,000 for Kashmir Sapphires.
Ruby and sapphire come from the same family of gemstones – corundum. Again, although ruby is mined in most regions of the world, Myanmar (Burma) rubies are the most sought after. The signature “pigeon’s blood” color of rubies from Mogok, Burma are exceptionally rare. Per carat prices for fine quality rubies has reached as high as $425,000 per carat.
A discussion of the classic colored stones concludes with emerald. The third precious colored gemstone is mined in Brazil and Zambia, but Colombian emeralds are the most sought after. Mining sites located in Muzo and Chivor, Colombia has produced the world’s finest emeralds. But the common bond between most Colombian emeralds is the element chromium that gives them a lush green color.
In 2011 when Christie’s New York sold Elizabeth Taylor’s jewelry, emeralds realized historic per carat prices based on the diva’s love for the finest quality jewelry set with these top-quality gemstones. During that auction a 23.46-carat Colombian emerald sold for $6.6 million, a per carat price of $280,000.
Classic Sculpture to Wear and Treasure
The extraordinary One-Of-A-Kind Collection defines rarity and beauty exclusively available at Scheherazade Jewelers from Wednesday, February 18 to Thursday, February 19.