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Historic Mughal Emerald Jewels to Lead Christie’s Magnificent Jewels Auction in New York

Over 2,000 carats of rare Mughal-era emeralds and multi-gem treasures — including a 470-carat centerpiece — headline a landmark sale alongside prestigious pieces from Anne Bass and Lucille Coleman collections.

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Christie’s will showcase an extraordinary array of Mughal jewels at its upcoming Magnificent Jewels auction in New York on June 17, led by a remarkable carved emerald necklace bearing over 1,150 carats of Colombian emeralds. The historic piece is inscribed with the name Ahmad Shah Durrani, founder of the Durrani Empire, and features a massive 470-carat central emerald. Dating back to 1612, this jewel is steeped in royal heritage and has been linked in historical records with other legendary gems such as the Timur Ruby and the Koh-i-Noor diamond. It carries a pre-sale estimate of up to $3 million.

Two additional Mughal masterpieces will also feature in the sale. One is a multi-gem necklace set with four Colombian emeralds totaling nearly 800 carats, expected to fetch up to $3 million. The other is a remarkable necklace strung with over 2,000 carats of spinel and natural pearls, with eight stones engraved with the names of influential rulers including Delhi Sultan Muhammad ibn Tughluq, Mughal emperors Babur, Jahangir, and Shah Jahan. That piece is estimated to sell for as much as $2 million.

These jewels will be presented alongside the personal collection of philanthropist Anne Hendricks Bass, which includes 26 pieces from esteemed design houses such as Van Cleef & Arpels, Bulgari, Cartier, and JAR. A standout from this collection is a pair of Van Cleef & Arpels diamond pendant earrings, estimated at up to $1.8 million, and a JAR sapphire, emerald, and diamond necklace, valued at up to $300,000.

Also featured in the auction is a group of nine Van Cleef & Arpels Mystery-Set jewels from the collection of philanthropist Lucille Coleman, described by Christie’s as a “significant” highlight of the sale.

With its blend of historical depth and iconic 20th-century design, the June auction promises to be one of the most compelling jewelry events of the year.

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International News

Gemfields Group CEO  Sean Gilbertson Will Step By Mutual Agreement On 15 July 2026

The Company Has Appointed David Lovett As Interim CEO, While He Continues To Oversee The Finance Function, Ensuring Leadership Continuity During The Transition Period.

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Gemfields Group has announced that Chief Executive Officer Sean Gilbertson will step down from his position by mutual agreement on 15 July 2026, marking the end of an eight-year tenure at the helm of the coloured gemstone producer. The company has appointed David Lovett as interim CEO, while he continues to oversee the finance function, ensuring leadership continuity during the transition period.

Having assumed the CEO role on 31 March 2018, Gilbertson has played a defining role in shaping Gemfields’ strategic direction, strengthening its global reputation in responsibly sourced coloured gemstones, and advancing the company’s initiatives in sustainability, transparency, and community development. Under his leadership, Gemfields reinforced its position in the emerald and ruby sectors, while promoting greater traceability and ethical standards across the wider gemstone industry.

The leadership change comes at a pivotal moment for the Group. In recent months, Gemfields has been contending with a combination of operational and market headwinds, including production constraints, softer market conditions in certain categories, and pressures on cash flow. These challenges have underscored the need for strategic agility and disciplined capital management as the company works to maintain operational resilience and long-term growth.

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