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Bonhams recently heralded 2015 as “the year of coloured gemstones”, and said that out of the glittering kaleidoscope that constantly stream through the auction house, rubies are the most sought after. And with Gemfields poised to launch a major campaign starring the red gemstone, it could in fact be that 2015 is the year of the ruby.
The final two jewellery auctions for the spring season were held in New York and both were rather lacklustre events. But there were still several highlights. Coloured gems continued to show their strength while diamonds and signed jewels retained their value and interest.
US consumers are spending less overall, but things on the luxury end of the market are still growing a steady pace. I don’t if it’s the lack of a robust marketplace or that designers at the high end of the market are confident, but the designs at the Couture Show displayed lots of creativity and diversity.
It’s been a truism that, for gemstones to sell, they had to be highly transparent, free from inclusions, and of good to excellent color, not to mention of the best modern cuts.
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