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UK’S largest ever gemstone collection shines for buyers

By Melanie Kruger on 29th November 2015

More than 170 rare and precious gemstones from the UK’s largest private collection are to be sold on the international market in a much-anticipated online auction this week, which has already grabbed the attention of buyers from round the world.

A pure 13.77 carat Emerald is one of the signature pieces set to attract significant interest in addition to a natural 11.23 carat oval cut Rubellite and an untreated 5.77 carat oval cut Ruby, brought to market by John Pye Luxury Assets.

John Pye is selling hundreds of the world’s rarest Aquamarines, Diamonds, Emeralds, Pink Sapphires, Sapphires and Spinel from the esteemed David Jerome Collection made up of almost 700 stones in online auctions, with the next taking place between 4–11 December.

The coloured gemstone market has seen several records broken in recent months. A 25.59 carat Burmese ruby sold in Geneva for US$ 30.3, making it the most expensive ruby ever sold at auction. A 16.08 carat pink diamond and 12.03 carat ‘Blue Moon Diamond’ also set world records for the sale of fancy coloured diamonds by auction.

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                                                         13.77 carat emerald ring

“We have already received significant interest from buyers round the globe for the stones in this collection which contains some beautiful gemstones that are in their purest form,” said Ian Hall, expert valuer for John Pye Luxury Assets.

“The auction is the third in a series of three that has already attracted interest from buyers from India, China, Russia and America.

“Auction three has some equally rare and truly exceptional items coming to market. A remarkable and extremely rare pair of matching, natural and untreated vivid green, Zambian-mined emerald earrings, with a total carat weight of 35.05 carats.

“A number of loose Tanzanites, including a breath-taking 133 carat stone will also be sold in auction three. All stones come with full certification of authenticity.

“Our international auctions allow investors from overseas to buy highly-sought after gemstones that are proving to be more popular than Diamonds. We know there is a high demand for coloured stones in the Russian market from the interest we had in our first auction.”

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4.72 carat natural spinel

The exceptional David Jerome Collection is made up of Amethysts, Aquamarines, Chrysoberyl, Diamonds, Emeralds, Kunzite, Kyanite, Morganite, Opal, Sapphires, Spinel, Rubellites, Rubies, Spinel Tanzanites, Topaz and Zultanites.

The auction catalogue with full lot details is available to view at www.johnpyeluxury.co.uk. Buyers can bid on lots until the auction closes at 1pm on 11 December.

In addition to an online catalogue with images and video content, interested bidders are encouraged to attend private viewing sessions at the auctioneers’ premises in London (Old Bond Street), Marchington and Nottingham.

Sheldon Miller, director at John Pye Auctions said: “This is a fantastic opportunity to buy some of the finest natural gems for a loved one this Christmas. More and more one-off jewellery pieces are being sold to buyers from round the world and online auctions are increasing in popularity thanks to the easy bidding and buying process.”

The first of three auctions containing 345 stones concluded on 13 November 2016.