Why coloured gemstones are a woman's new best friends
Subscribe to enjoy similar stories. Auction house Saffronart is currently hosting a Fine Jewels and Silver Auction on its website, featuring a selection of 131 lots. On offer are a pair of spinel, natural pearl, emerald and diamond earrings by The Gem Palace ( ₹1.30-1.80 crore), a Colombian emerald and diamond necklace ( ₹1.20-1.80 crore), a pair of diamond earrings ( ₹45-55 lakh), among others.
In an interview with Lounge, Minal Vazirani, president and co-founder of Saffronart, talks about the sourcing of the unique jewels for the auction and the changing jewellery consumption patterns across the world. Edited excerpts: Our leading lot, a pair of spinel earrings, was designed by Jaipur-based atelier The Gem Palace. The spinels in the lot were acquired decades ago by globally acclaimed designer Munnu Kasliwal, who had a particular affinity for the gem and created many important pieces of jewellery with spinels from his collection.
Other items in the auction have been sourced from prominent families, individual collectors, dealers, and designers who are seeking to divest certain pieces and reinvest in different styles to enrich their private collections. Jewellery from each online auction is showcased at our galleries in Mumbai and New Delhi several weeks before the auction. This allows clients to view, try on, and experience each piece in person before placing their bids.
Physical auctions without an online component limit participation as attendees have to be present at the venue. Our combination of a personalised viewing experience and the accessibility and transparency of our online auctions has boosted buyer confidence and contributed to the growth of the secondary jewellery market. There has always been a strong
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