Thursday, 13 April 2017

The Stotesbury Emerald

The Stotesbury Emerald story begins in 1908 when Cartier created a necklace for the eccentric mining heiress Evalyn Walsh McLean featuring her 94.8-carat Star of the East diamond. Three years later, after a complex exchange involving the emerald and the famous Hope Diamond that led to a bitter court battle. It was settled in 1912 with the emerald back in Cartier’s possession. The wife of a wealthy Philadelphia banker became the emerald’s next owner and the person for whom it is now named. In 1946 Eva Stotesbury sold the stone to Harry Winston, which reset it as a ring and sold it to May Bonfils Stanton, another jewelry-collecting socialite from Colorado. The emerald has been in a private collection since the 1971 sale of Stanton’s estate. The 34.4-carat Colombian emerald has a sales estimate of $800,000 to $1.2 million at Sotheby’s Magnificent Jewels sale in New York on April 25