JR Colombian Emeralds: Oscar Red Carpet Jewelry Runddown & Pablo Piccaso A Jeweler?

The Oscars, most anticipated event by movie goes, fashionistas and jewelery around the globe. With an estimated audience of 95 million people it is one of the most watched programs on television.

There was a wide range of looks and jewelry. A few actresses raised the bar on size of jewelry and the dollar amount worn. But in total, the actresses sparkled and shined in a variety of colors and styles.

The always stunning Charlize Theron wore a magnificent one of a kind diamond necklace from Harry Winston. The 31cts Cluster Diamond Pendant from the "Incredibles Collection" and is set with a completely flawless 31ct emerald-cut diamond. and the cost was $15 Million dollars! With a price like that, I'm sure it was one of the costliest jewelry ensembles on the red carpet~

Charlize Theron wearing 31cts Cluster Diamond Pendant from the "Incredibles Collection"

Sandra Bullock was nominated for best actress in a drama for the movie "Gravity". She was wearing diamond cluster earrings by Lorraine Schwartz with a cost of $1.8Million dollars. She looked every inch a glamour girl!

And what can you say about Angelia Jolie? She is always perfect on the red carpet and this red carpet in support of her fiance Brad Pitt was no exception. She was breath taking in a long beaded Ellie Saab Haute Couture dress and was wearing blinding diamond earrings by Robert Procop that weighed a hefty 42.0carats. She has collaborated with Robert for her line of jewelry. The beading detail on her dress teamed with the simple and rather large diamond earrings complemented each other. It was wonderful to see her happy and truly glowing~

Angelina wearing 42cts Robert Procop Diamond Earrings

Angelina Jolie wearing beaded Ellie Saab

Robert Procop 42.0cts Diamond Earrings

It was clearly a tie between Angelina Jolie and the golden girl Kate Hudson who ravished on lookers on the red carpet. Kate was wearing a silver beaded Atelier Versace and her jewels were by Neil Lane. The hair, makeup, combined with the jewels = a smoldering look! She was definitely having a fashion MOMENT~

Kate Hudson wearing silver Atelier Versace dress and Neil Lane Jewels.

The back of her dress was fabulous, great look~

Jennifer Lawrence in her glory~

Hollywood's sweetheart Jennifer Lawrence choose to wear a bold red Christian Dior Couture gown ( she is Diors new spokesmodel) and with $2 Million dollar Neil Lane necklace that she had worn to the back. Shes always a stunner~

Cate Blanchett who usually surprises us wore a delicious beaded gown by Armani and dangling custom 62 white opals that weigh 33.0cts and a beautiful 49.0cts brown diamond bracelet both by Chopard.

Cate backstage after her Oscar win

Chopard custom 33.0cts opal earrings

And who can forget Lupitas touching acceptance speech? not only did she look amazing and just effortless in her "Nairobi" blue Prada dress but her simple accessories were a favorite among many. Her headband was gold with diamonds, fan shaped diamond in rose gold earrings a 19th Century yellow gold and diamond coiled snake bracelet, an 18k yellow gold Frog ring, a 19th Century yellow gold, pearl and diamond ring, a 19th Century yellow gold and opal ring, and finally a 1960s 18k gold, turquoise, and diamond ring.

Lupita Nyon'go in Prada and Fred Leighton jewels

An important 29.6 carat blue rough diamond sold at auction for a record breaking 25.6 million dollars. That is $867,400/carat. That is a high amount, but considering this a blue diamond and one of the rarest colors (next to red and orange) then we can understand the price. This stone was mined at the Cullinan mines in South Africa. This is also the same mine that has produced many diamonds that are currently part of the Queens collection at the Tower of London. The diamond was bought for Cora International NY through South African company Golden Yellow Diamonds.

“This sale result affirms this stone as one of the most important blue diamonds ever recovered,” said Johan Dippenaar, CEO of Petra, in a statement.

Petra had purchased the Cullinan mine from DeBeers in 2007. According to miners this stone has the ability to be of great value and of importance. After this stone is cut and polished it's going to be a stunner.

On the same topic as the rough blue, not only one but TWO large rough diamonds were mined at the Lesotho mines in South Africa. I have written about this particular mine in the past. Gem Diamonds is a London based jeweler that has mined the two rough diamonds weigh 162.06 ct. Type II diamond and a 161.74 ct. Type I diamond.

Rough diamond 162.0cts

Another angle of the rough diamond

"Gem Diamonds acquired Letšeng, which was operated by De Beers from 1977 to 1982, in 2006. It is currently run as a joint venture between Gem Diamonds, which owns 70 percent of the project, and the Government of the Kingdom of Lesotho, which owns the remaining 30 percent".

As of March 5th, both rough stones have sold at auction ( that was FAST!) for a combined $13 Million dollars. The 162.02cts rough is a type II 2 diamond and has the potential to be a top yielding diamond. The rough sold for $11.1 million, or $68,687 per ct! The 161.31cts rough sold for $ $2.4 million, or $14,636 per carat! No mention as to who bought the diamonds.

A rather large and highly anticipated pink diamond aka 'Pink Star" at Sothebys in November of last year was purchased for an incredible $83 Million dollars. Sothebys is stating that the purchaser of the diamond by new York based diamond cutter Isaac Wolf has defaulted on the sale of this stone for a potential loss of $72 Million for Sothebys.

"We are currently in discussions with the buyer, while also considering other alternatives," Patrick McClymont, Sotheby's CFO said on the call with analysts. "In the meantime, we are quite comfortable with our valuation, and see real value in owning the diamond at this price."

My guess is that they are going to auction it again later, maybe the end of this year or next? But in reality who really knows~

Pablo Picasso gold face pendant

Pablo Picasso is known for his amazing cubism paintings, etchings and simple drawings But what most people don't realize is that he also created jewelry! How did we miss that one? Picasso had may loves and lovers in his life. His great love affair with Dora Maar in Paris lasted a stormy 6 years, from 1937-1943. These pieces were discovered in her home in Paris after her death in 1997. It was reported that she had so many pieces of jewelry that he had made for her that they were in every hiding spot and box and under the bed even. She kept every item he made for her along with the memory of him. After he had left Dora he had started a relationship with Francoise Gilot, who had bored him 2 children ( one of them being Paloma)

A year after she had died Marc Blondeau (founder of Sothebys) had created a catalog of the pieces he had made for Dora. Skinner Auctioneers located in New England is auctioning Pablo Picasso jewelry on March 18th in Boston.

As with is painting the estimates are low for his work. Since they are rare pieces, the prices can sky rocket quickly~