GemeWizard
Home|About Us|Store|Color Report Newsletter|Support|News & Events|Contact|Gemstones Colors

Gemstones Colors and Prices



         


   

      Gemewizard archive daily article




Cobalt spinel from the Somewhere in the Rainbow collection.



  Starting with five colored gems, world-class collection grows into $10 million treasure


April 14, 2013


A private colored gemstone collection, rumored to be worth in excess of $10 million, is catching the attention of both the trade and the general public, including those who visited the Tucson gem shows in February. So impressive was it that it had the rare honor of being featured in a New York Times article.

What caught the attention of many in Tucson was a 15-carat Paraiba tourmaline with a dramatic electric blue color. It was not for sale, but it reportedly had received a number of offers from dealers, running into millions of dollars.

"You could see it halfway across the aisle," said Jeffrey E. Post, curator in charge of the mineral collection at the National Museum of Natural History at the Smithsonian Institution in Washington, D.C, speaking to the New York Times. "It looked like somebody had stuck a battery in it."

The collection is called "Somewhere in the Rainbow," and for reasons of security the identity of the owners is kept vague. What is known is that they are a married couple - a physician and retired nurse - who live in Phoenix, Arizona. They began collecting in 2008, with the purchase for $750,000 of five gemstones from a local retailer, which included a 10-carat alexandrite, a 4-carat alexandrite, a 15-carat tanzanite, a 5.55-carat Tanzanian spinel and a 17-carat bicolor topaz. Today the collection includes 230 loose gemstones and 145 pieces of finished jewelry.

"What started out as a simple hobby has turned into an amazing passion," said Shelly Sergent to the New York Times. She worked with the retailer who was responsible for the original purchase. Today she is the "Somewhere in the Rainbow" collection's full-time manager. Most of the gems are obtained through Evan Caplan, a gem dealer in Los Angeles, and Commercial Mineral in Scottsdale, Arizona.

Among the stones in the collection are a 20.2-carat tsavorite garnet known as the Scorpion King from the private collection of Campbell R. Bridges, the Scottish-born geologist who was killed in Kenya in 2009.

©2007 Menahem Sevdermish, GemEwizard, Inc. All Rights Reserved. Designed by YCS - Yahalom Creative Solutions