Connect with us

International News

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.

Published

on

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.

Continue Reading
Advertisement JewelBuzz Banner
Click to comment
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

International News

Gold and Silver Retreat As Dollar Holds Multi-Year Highs AUGMONT BULLION REPORT

Gold Slipped Below $4150 and Silver Edged Toward $63, On Mounting Expectations Of Federal Reserve Rate Hikes

Published

on

  • Price Movement – Gold slipped below $4150 and Silver edged toward $63, continuing their recent downward trend as mounting expectations of Federal Reserve rate hikes overshadowed cautious optimism around active US-Iran peace talks. Sterling is under additional pressure as the UK braces for an imminent change in prime minister. Meanwhile, speculative yen selling is intensifying, steadily testing the Japanese government’s tolerance threshold.
  • Geopolitical Event– US has issued Iran a 60-day licence to sell oil on international markets, raising expectations of a faster-than-anticipated recovery in global crude supply. Traffic through the Strait of Hormuz has picked up, with producers including Kuwait and the UAE actively securing alternative export corridors. Iran alone shipped over 30 million barrels in the past week, signalling a meaningful near-term supply uptick.
  • Macro-Economic Event – Market attention this week centres on the upcoming PCE report — the Fed’s preferred inflation measure — which is expected to shed fresh light on underlying price pressures. According to the CME FedWatch tool, traders are now pricing in an 89% probability of a Fed rate hike in December, a sharp jump from 61% prior to last week’s FOMC meeting.

Technical Triggers  

  • With Gold having broken below $4,200, the next key support zone sits at $4,050–$4,100, equivalent to approximately Rs 1,43,000–Rs 1,44,000
  • Silver’s breach of the $65 support level shifts focuses to the $60–$61 range, or roughly Rs 2,20,000–Rs 2,15,000 on domestic markets.

Support and Resistance

International Gold Support Level
International Gold Resistance Level
Domestic Gold Support Level
DomesticGold Resistance Level
: $4060/oz
: $4350/oz
: Rs 143,000/10 gm
: Rs 154,000/10 gm
International Silver Support Level
International Silver Resistance Level
Domestic Silver Support Level
Domestic Silver Resistance Level
: $60/oz
: $71/oz
: Rs 254,000/kg
: Rs 215,000/kg
Continue Reading

Trending

JewelBuzz is Asia’s First Digital Jewellery Media & India’s No.1 B2B Jewellery Magazine, published by AM Media House. Since 2016, we’ve been the trusted source for jewellery news, market trends, trade insights, exhibitions, podcasts, and brand stories, connecting jewellers, retailers, and industry professionals worldwide.

We would like to hear from you...

GET WHATSAPP NEWS ALERTS

0
Would love your thoughts, please comment.x
()
x