The Hope Spinel

In 2015, a rare gemstone sold for about $1.5 million. That astronomical price was reduced to around $30,000 per carat.


Henry Philip Hope, a banker, was the owner of the Hope Spinel. Before his death in 1839, Henry owned around 700 gems. Before 2015, a portion of Henry's collection had not been sold in 98 years.


The Hope Spinel was placed among rose-cut diamond claws and framed by larger brilliant-cut diamonds totaling 6.5 carats as if that wasn't enough.


The auction house Bonhams auctioned this gemstone. Bonhams sold an 18-carat stone set in an art deco-inspired ring for more than $70,000 in 2012, prior to the Hope Spinel.


Price: $1.47 million

Year Sold: 2015

Number of Carats: 50.13

Interesting Fact: Set among other precious stones

Photo:  Jeweller Magazine
Photo: Jeweller Magazine
Photo:  Jewelove
Photo: Jewelove

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