The $1.4 Million Hope Spinel Dazzles Bonhams Buyers

The 50+ ct. stone hailed from the storied Henry Philip Hope collectionIn a top-of-mind word game, hope so often leads to diamond and red to ruby—until now, perhaps. The Hope Spinel—which sold at Bonhams in London on Sept. 24 for an incredible £962,500 ($1.5 million)—captured the hearts, minds, and wallets of bidders with its beauty and provenance: Hailing from the storied Henry Philip Hope collection, the stone is from the ancient Kuh-i-Lal mines in Tajikistan. “It’s from one of the most famous and most important private jewelry collections ever assembled,” says Emily Barber, jewelry department director at Bonhams, “and it had not been seen on the open market for 98 years.” Hope kept the spinel next to the Hope Diamond in the bespoke cabinet that housed his pieces—“a testament,” says Barber, “to how important it is.”  50.13 ct. octagonal step-cut spinel

This content is exclusive to JCK Pro subscribers. Subscribe now to access this and much more with discount code GOPRO21 for $199 for an entire year of access (reg. $249).


Already a JCK Pro? Log in

A JCK Pro subscription is your all-access pass to people and resources on the
cutting edge of the retail jewelry industry, from the industry authority you
know and trust

Learn about the Perks of JCK Pro

Log Out

Are you sure you want to log out?

CancelLog out