While rarity and investment is certainly a decisive factor at the top of the market, there is another aspect at play and that is simply that colour makes us feel good. “ keen to seek out the very best examples of highly desirable and rare specimens, whether that be Kashmir sapphires, Burma rubies or no-oil emeralds, the likes of which they may never find again.” Ruby and diamond earrings from The Masterpieces collection “The rarity factor is an undeniable pull,” says Jean Ghika, Global Director of Jewellery at Bonhams, of the lure of coloured gems. At Christie’s in the same month, a Boghossian emerald necklace became the most expensive unoiled emerald necklace ever to sell at auction, fetching US$7 million. Last November, the 14.83ct purple-pink ‘The Spirit of the Rose’ diamond sold for US$26.6 million at Sotheby’s. On the auction circuit – a keen barometer of jewellery demand – prices for gems in the most sough-after shades have soared.
Its price has spiralled as major houses including Cartier and Van Cleef & Arpels fought to include it in high-jewellery collections. The best example is the Paraiba tourmaline, an electric-neon-blue gemstone found in Brazil and Mozambique. Lesser-known stones classified as semi-precious by gemmologists – though that phrase is falling out of favour – have also been in ascendance.
#Piranesi jewelry windows
Jewellery shop windows once emitting a monotone glitter of diamonds now star vibrant rainbows of rubies, sapphires and emeralds. Though supercharged by the gloom of the pandemic, demand for gems in bright, sunny hues has been on the rise for a few years now. Three-stone sapphire and emerald rings from the Classico collection “The company DNA is exceptional colour gemstones and we bring them to life in many different interpretations,” says Hajibay, who personally hand selects each one to ensure the jewels are sourced sustainably. Petals of gold in floral formations, dome rings and statement hoop earrings are electrified with pavé-set gems including zingy green tsavorite garnets or emeralds, saccharine pink sapphires, dusky purple amethysts. You will also discover its newly launched Mosaique collection, which perfectly captures the family’s passion for colour. In the Piranesi boutique, you will find exclusive jewels designed in homage to the hotel’s architecture and location. The family of jewellers has been connecting clients, including former guest and Hollywood actress Elizabeth Taylor, with jewellery adorned with some of the world’s most precious and vivid stones since Hajibay’s husband’s great-grandfather first set up shop in Milan in 1845. “I have constantly encouraged clients to wear their gemstones at home and to feed off of the beauty and vibrancy it brings into the room.” Chain bracelets from the Mosaique collectionĪt the height of the 2020/21 winter season – a time when we all crave colour – Piranesi brought an uplifting cornucopia of jewels of many hues to Badrutt’s Palace Hotel, opening a dedicated boutique. “During the pandemic, they have offered brilliancy, happiness and energy,” says Miriam Hajibay, President and Designer at luxury jewellery house Piranesi, who is known to her family and special clients as Mimi.
The ultimate feel-good accessory, however, must be a piece of coloured gemstone jewellery.
Fashion has taken on a serotonin-boosting role during recent times our darkest lockdown days brightened by the addition of a colourful sweater or a vibrant silk scarf.
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