Friday, May 31, 2013

Gold Treasure of the Boer War

Gold Treasure of the Boer War

In the closing stages of the Anglo-Boer War, Paul Kruger, president of the South African Republic of Transvaal and the face of the resistance against the British, was said to have absconded with all of the riches of his nation when he fled from encroaching British troops in 1900.

In the 1880s Kruger had issued orders that if the British threatened the capital city of Pretoria the entire reserves of the national bank - gold bullion and coins - should be put on wagons and hidden in the African plains. Following his evacuation, Kruger lived out the last four years of his life in exile before dying in Switzerland. Most Boer leadership were killed and the location of the Krugerrand fortune has never been revealed.





Monday, May 20, 2013

Most expensive Gems at Auction - Update

The onyx and diamond panther bracelet was once owned by Wallis Simpson, whose love affair with King Edward VIII led to his abdication in 1936.

It is assumed that Madonna purchased the piece on November 30, 2010 for $ 12.4m.
The ring is set with a triangular-cut fancy vivid blue diamond, weighing 10.95 carats, and a triangular-cut diamond, weighing 9.87 carats, and dates from 1972. It was purchased by an Asian collector on May 19, 2010 for $ 15.7m
The Chloe Diamond is a brilliant-cut diamond, weighing 84.37 carats, bought by Georges Marciano, the founder of clothing company Guess? Inc. Marciano named the stone “the Chloe Diamond” after his then 12-year-old daughter.

The diamond sold for $16.2 Million at Sotheby's Geneva in 2007.
In November 2012, Christie's sold the cushion-shaped, colourless, 76.02-carat Archduke Joseph Diamond for $21.5 million.
A 14.23 carat diamond, named The Perfect Pink, sold for $23,165,968 in November 2010 to an anonymous buyer after an intense bidding war with four others.

Christie's says only 18 diamonds bigger than 10 carats and showing a distinct pure pink colour have ever gone on the block in 244 years of auction history.
The Wittelsbach-Graff Diamond is a cushion-cut fancy deep grayish blue diamond weighing 35.56 carats. It sold at auction in December 2008 for $24.3m

The diamond originates from the Indian kingdom of Golkonda. It's rumored that King Philip IV of Spain purchased the jewel and included it in the dowry of his teenage daughter, Margaret Teresa, in 1664.
On 15 May 2013 Christie’s auctioned the "Winston Legacy" in Geneva for $ 26.7m. A pear-shaped perfect diamond weighing 101.73 carats, this sensational gemstone is not only one of the largest pear-shaped diamonds known to date, it is also one of the world’s most perfect diamonds: a D colour, Type IIA Flawless gem.

The rough stone weighed 236 carats when it was extracted from the Jwaneng mine (DeBeers) in Botswana and required 21 months to polish.
The Princie Pink is a cushion-cut 34.65 carats and is one of the finest and largest of its kind.

The stone can be traced back to the ancient diamond mines of India. The diamond was sold at auction in 1960 where it brought a price of 46,000 pounds sterling (approximately $69,588 in today's currency).

The stone sold for $ 39m in April, 2013.

http://pennystockjournal.blogspot.ca/2013/04/princie-pink-expected-to-bring-40m.html
The Graff Pink is a vivid pink, round-cornered rectangular step-cut diamond weighing 24.78 carats, set between shield-shaped diamond shoulders, in platinum.

It sold on November 10, 2010 for $ 46.2m

http://pennystockjournal.blogspot.ca/2013/04/the-graff-pink-most-expensive-gem-ever.html


http://pennystockjournal.blogspot.com/2013/05/most-expensive-gems-at-auction.html

Saturday, May 18, 2013

Christie's auctions 101.74 ct Perfect Diamond

(Reuters) - A pear-shaped colorless diamond that is the largest ever offered at auction sold for a record of nearly $27 million in a Geneva auction, where records were also set for the prices of pearls and sapphires, auctioneer Christie's said.

The 101.73 carat "Winston Legacy" diamond, the centerpiece of the Magnificent Jewels auction, was bought by jewelry and watch firm Harry Winston for 25.9 million Swiss francs ($26.7 million) on Wednesday.

"Harry Winston acquired the most perfect diamond ever offered for sale at auction," said Rahul Kadakia, head of Jewelry, Christie's Switzerland and Americas,

Sotheby's also sold a 74.53-carat fancy yellow diamond that once belonged to Ahmad Shah Qajar, the shah of Persia from 1909 to 1925 and the last ruler of the Qajar dynasty. Its sale for nearly $3 million set both an auction record and a record price per carat — an eye-popping $40,061 per carat — for a fancy yellow diamond.

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On 15 May 2013 Christie’s will auction in Geneva a pear-shaped perfect diamond weighing 101.73 carats. Offered for sale for the first time, this sensational gemstone is not only one of the largest pear-shaped diamonds known to date, it is also one of the world’s most perfect diamonds: a D colour, Type IIA Flawless gem. The rare brilliance and inner limpidity is only found in the chemically pure Type IIA diamonds, which account for less than 2% of the world’s diamond production.

Christie's said the rough stone weighed 236 carats when it was extracted from the Jwaneng mine (DeBeers) in Botswana and required 21 months to polish.


In November 2012, Christie's sold the cushion-shaped, colourless, 76.02-carat Archduke Joseph Diamond for a world record-setting $21.5 million.

Minoan Gold


The Minoan civilization was a Bronze Age society that arose on the island of Crete and flourished from about the 27th century BC to the 15th century BC.

The term "Minoan" was coined by Arthur Evans after the mythic King Minos. Minos was associated in Greek myth with the labyrinth, which Evans identified with the site at Knossos.


The Bronze Age began in Crete as locals on the island developed centers of commerce. This enabled the upper classes to expand their influence. Eventually the ground would be laid for a monarchist power structure - a precondition for the creation of great empires.

Around 1450 BCE, Minoan culture experienced a turning point due to a natural catastrophe, possibly an earthquake. The palace in Knossos seems to have remained largely intact. The Minoan palace sites were occupied by the Myceneans around 1420 BC. By 1200 BC the Minoans had faded into history.

The Ackworth Hoard

On March 29, 2012 news broke of the Ackworth Hoard. Dr Owen Johnson, 53, was inspecting building work at his home in High Ackworth last July when he spotted a ceramic pot poking out of the earth.

The pot cracked in two spilling out gold and silver coins “like a slot machine.”

Containing 52 gold and 39 silver coins, it is thought the jar had been buried for 300 years, probably at the height of the English Civil War.
The earliest coin is a gold half sovereign of Edward VI minted in 1547-9, and the latest are Charles I silver coins minted in 1645-6. Most of the coins are English coins of Elizabeth I, James I and Charles I. The Hoard also includes a few Scottish and Irish coins, and ducatoons from the Spanish Netherlands.
As well as the coins, the treasure includes a single gold ring with the inscription: 'When this you see, Remember me.'

The hoard was valued at £54,492 and Wakefield Council managed to raise the money after donations from various groups to keep the items locally.
http://www.bbc.co.uk/news/uk-england-leeds-22109445