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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

The British Royal Mint Sells Record Amounts Of Silver and Platinum

​Silver: Sales Grew By 295% Compared To The Same Period In 2025. Platinum: Revenue Grew By 118%.

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The British Royal Mint sold record amounts of silver and platinum during the first nine months of 2026. Silver coin sales jumped by over 300%.

Royal Mint Sales Breakdown (First 9 Months of 2026)

Silver: Sales grew by 295% compared to the same period in 2025.

Platinum: Revenue grew by 118%.

Gold: Sales rose by 10% compared to 2025, boosted by a strong third quarter.

Gold Demand Is Bouncing Back: Even though high prices and high interest rates made gold less attractive earlier in the year, gold sales rebounded between July and September, rising 21% over the previous quarter.

New Investors Joining: Almost 30% of buyers this quarter were first-time customers buying precious metals from the Royal Mint.

US Demand Remains Weak: In contrast to the UK, the US Mint is on track for its worst gold coin sales since the year 2000, as high US bond yields and interest rates encourage American investors to put their money elsewhere.

Earlier in 2026, high inflation and rising bond yields made holding gold and silver less popular. However, ongoing global instability and market uncertainties—such as upcoming government budget decisions and high interest rates—are leading many investors back to physical metals as a safe place to store value.

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