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Auction #319 Merchandise @ Burlington Closes Tuesday, April 30, 2024 Closed (#128184162)

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2.95 ct Authenticated Pink Spinel Gemstone Parcel - ($2,510 Appraisal)

Oval / Pear Mixed Cut - Includes Appraisal Certificate

  Lot # 993
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Payment Options Seller Accepts Credit Cards
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NEW

Lot # 993
System ID # 129008829
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Start Date
Description

2.95 ct Natural Pink Spinel Gemstone Parcel - ($2,510 Appraisal)

Gemstone: Pink Spinel

 

Appraisal from JewelScan in Toronto

  • 5 x 4 x 3.5mm (Avg)

  • Colour:  Pink

  • Cut:  Oval/Pear Mixed cut

  • Clarity: AA, Included

     

From a gemologist Collection

 

About Spinel Gems

Spinel is a mineral with a lot of history. Long mined in Sri Lanka, Afghanistan, Myanmar, Vietnam, and Thailand, Spinel garnered deep appreciation for its beauty, even winning a treasured place in a number of crown jewels.  Some of the most famous and large crown jewels are adorned with Spinel and the gem not only retains its value, it is rarer than it's cousin the ruby.  While currently an expensive stone, the increasing rarity of Spinel and mines running dry has caused the gem to steadily increase in value over the years. 

One of the most famous Spinels in the world is the Black Prince’s Ruby, the 170-carat gem that adorns the U.K.’s Imperial Crown. And the Timur Ruby, also part of the British crown jewels, is actually a 361-carat polished red Spinel. The Black Prince’s Ruby is the largest uncut Spinel in the world, and once decorated King Henry V’s helmet during battle.

 A Spinel ring from Cartier sold for $334,500 USD,  nearly three times the expected price, in 2019, while an imperial Spinel necklace offered by Christie’s went for more than $3 million at auction the same year

Found in a variety of colors, including red, blue, violet, and dark green


More On Appraisal Certificates

We do not appraise in-house.  Only third party appraisal companies are used for certification and valuation of gems.

Appraisal Certificates are done from accredited appraisers and represent the retail insurance replacement value for an item.  While many companies do appraisals (such as jewelry stores), it is important to receive an appraisal by a group that does not involve themselves in the buying or selling of Gems or jewelry pieces as to avoid any conflict of interest.  We typically use Multiple accredited appraisal companies (with Global Offices) for the Jewelry industry, located in the downtown Toronto area or surrounding region.  We also have a number of Certificates from EGL a global appraisal company to the gem industry whose Toronto offices have since closed down.

An appraisal will assign a monetary value to a Gem or piece of jewelry and is ultimately subjective based on the appraiser's criteria for grading and experience.  For this reason, only accredited and experienced appraisers are used to evaluate stones.  An appraisal is not an indication of your buying power, that depends on your ability to "wheel and deal" as well as your source of supply and ability to buy in parcel lots or in bulk.

 

Some Appraisal Company Links:

IGA - accreditedappraisers.com

Gemscan (GS Labs) - http://www.gslaboratories.com/profile.html

AGL - http://www.accurategemlabs.com/

JewelScan - www.jewelscan.ca

Karaman - karamanappraisals.ca

Gem Lab - gemlab.ca

 

Item # 4202329022

Auction# RH738