Anschar Diamonds Blog

Mother’s Day 2023 jewelry sales are expected to climb to $7.8 billion, outpacing last year's tally by 11.4% and outperforming all other retail categories by a wide margin. According to the annual survey released by the National Retail Federation (NRF), Special Outings should come in second at $5.6 billion in sales, while Electronics should rank third at $4 billion.



A look at historical data shows Jewelry on a 16-year tear from $2.1 billion in 2007 to $7.8 billion today. That reflects a total increase of 271%, or nearly 17% per year.

Back in 2007, Special Outings ($3.1 billion) had held first place, with Flowers ($2.3 billion) second. Now, Special Outings ranks second (up 80% since 2007, or 5% per year) and Flowers ranks sixth (up 39% since 2007, or 2.4% per year).

Exactly 44% of respondents said they will be buying jewelry for their moms this year. That’s a 3 percentage point gain over 2020 and an impressive 10 percentage point increase over 2021.

Overall Mother’s Day spending is expected to total $35.7 billion this year, up $4 billion from a record-setting 2022. The average spend will be $274.02 per person, the highest in the history of the survey and up from the previous record high of $245.76 in 2022. The top spenders are those in the 35-to-44 age range ($382.26).

According to the NRF, consumers continue to prioritize thoughtful gifts. Respondents said the most important factors in purchasing a Mother’s Day gift were finding items that are unique or different (47%) or those that create a special memory (42%).

Eighty-four percent of U.S. adults are expected to celebrate Mother's Day this year. Of that group, most (57%) will be purchasing gifts for a mother or stepmother, followed by a wife (23%) or daughter (12%).

As the leading authority and voice for the retail industry, NRF provides data on consumer behavior and spending for key periods, such as holidays, throughout the year. The survey of 8,164 US adult consumers was conducted by Prosper Insights & Analytics from April 3 to 11 and has a margin of error of plus or minus 1.1 percentage points.

Credit: Image by Bigstockphoto.com.

The "Bulgari Laguna Blu," an 11.16-carat fancy vivid blue diamond, is expected to fetch upwards of $28 million at Sotheby's Magnificent Jewels and Noble Jewels auction in Geneva on May 16.



The auction's pear-shaped headliner ranks among the finest blue diamonds to have hit the auction scene over the past two decades, and joins an elite club that includes the 15.1-carat “De Beers Cullinan Blue” ($57.5 million, Sotheby's Hong Kong, 2022), the 14.6-carat “Oppenheimer Blue” ($57.5 million, Christie’s Geneva, 2016) and the 12.03-carat “Blue Moon of Josephine” ($48.5 million, Sotheby's Geneva, 2015).

Boasting a VS1 clarity and a color intensity that's been described by Sotheby's as “extraordinary” and “mesmerizing,” the Bulgari Laguna Blu was originally set in a ring by the Italian designer in the early 1970s and sold to a prestigious European collection later that same decade. It remained largely out of the spotlight for the next 44+ years.

All that changed when it was worn by Indian actress and former Miss World Priyanka Chopra for the Met Gala fashion show in New York on Monday. Instead of being set as a ring, the blue diamond became the centerpiece of a lavish diamond necklace, also designed by Bulgari.

Blue diamonds are considered one of the rarest colors of all diamonds. A fabulous fluke of nature, a blue diamond owes its color to the random presence of boron within the diamond’s carbon structure.

Scientists believe that blue diamonds form about 400 miles below the surface, four times deeper than about 99 percent of all other diamonds.



The extreme rarity of the Bulgari Laguna Blu is apparent on many levels.

First, this gem earned the highest color grade ever assigned to a blue diamond by the Gemological Institute of America (GIA). The organization graded it fancy vivid blue with no secondary color present. Fewer than 1% of blue diamonds earn the "vivid" rating.

Next, while blue diamonds make up less than 0.02% of mined diamonds, those weighing more than 10 carats are among the rarest of the rare.

According to Olivier Wagner, head of jewelry at Sotheby’s Geneva, the Bulgari Laguna Blu ranks as the third-largest pear-shaped fancy vivid blue diamond to come to auction. It's also reported to be the most valuable piece ever sold by Bulgari.

Sotheby's emphasized that the Bulgari Laguna Blu has remained in the same family ever since its acquisition in the 1970s and that the stone has been unmodified, even though modern diamond cutting technology could have been employed to enhance the diamond's characteristics and increase its value.

After making its New York debut at the Met Gala, the Bulgari Laguna Blu will be heading to the Mandarin Oriental in Geneva, where it will be on exhibit, starting May 11 in the lead-up to the main event five days later.

Credits: Images courtesy of Sotheby's.

In honor of May's official birthstone, we present one of the oldest and most oddly mounted jewelry treasures in the Smithsonian's National Gem Collection. The "Maharaja of Indore Necklace" features 15 emeralds that were likely cut and drilled during the 17th century.



Interestingly, the 45-carat, barrel-shaped emerald at the center of the piece was strung with wire onto the necklace through a hole drilled lengthwise down its center, similar to the way colorful bugle beads are made into jewelry in an elementary school art class.

Despite the channel that runs through its center, the 45-carat gem is considered one of the world's finest emeralds due to its rich color and exceptional clarity.



The Smithsonian explained that the remaining emeralds and 16 larger diamonds are attached in a similar fashion with wire passing through angled drill holes that connect within the stone forming a V-shaped channel.

Smithsonian curators believe the emeralds were sourced in Colombia, while the 16 larger diamonds were obtained in India, the world's only source of diamonds until 1723. These are some of the oldest cut gems in the National Gem Collection.



The Maharaja of Indore Necklace originally consisted of two strands of antique-cut diamonds and emeralds to which a lower pendant and upper chain containing modern, brilliant-cut diamonds were later added. The piece is mounted with a total of 374 diamonds.

According to the Smithsonian, the lavish necklace was purchased by the Maharaja of Indore in the early 20th century. In 1948, New York jeweler Harry Winston obtained the piece from the Maharaja's son and added it to his "Court of Jewels" traveling exhibition.

Cora Hubbard Williams, the daughter of Pittsburgh manufacturer and "Shovel King" John Winslow Hubbard, purchased the necklace from Winston in 1955 and donated it to the Smithsonian in 1972.

Emerald is the most valuable variety of the beryl family and is known to display a wide variety of visible inclusions, which are referred to as “jardin” (French for “garden”).

These imperfections do not detract from the stone’s beauty but, instead, give each stone a unique fingerprint and distinct character.

Beryl in its pure state is clear. The beautiful green hues are caused when some of the aluminum atoms in the crystal structure are replaced by chromium and/or vanadium atoms.

The name “emerald” comes indirectly from the ancient Greek word for green gem, “smaragdos.”

Besides being the birthstone for the month of May, emerald is also the preferred gemstone to mark 20th and 35th wedding anniversaries.

Credits: Images courtesy of NMNH Photo Services.

Welcome to Music Friday when we bring you fun songs with jewelry, gemstones or precious metals in the title or lyrics. Frontman Mark Knopfler and Dire Straits sing about life’s ups and downs (“one day you’re a diamond and then you’re a stone”) in the comical 1991 tune called “The Bug.”



Written by Knopfler, “The Bug” is a clever commentary on how “everything can change in the blink of an eye, so let the good times roll before we say goodbye.”

In the song’s famous reprise, Knopfler sings, “Sometimes you’re the windshield / Sometimes you’re the bug / Sometimes it all comes together baby / Sometimes you’re just a fool in love.”

“The Bug” was released as the fourth single from Dire Straits’ sixth and final studio album On Every Street. The album sold 15 million copies worldwide and served as a fitting punctuation mark to the band’s wildly successful 15-year run, during which Dire Straits sold more than 120 million records.

Dire Straits was a formed in London in 1977 and its name reflected the the group’s shaky financial condition in the early days. Founding members Knopfler, younger brother David, John Illsley and Pick Withers honed their unique sound with inspiration from the worlds of jazz, folk and blues.

The group split for the first time in 1988, but then reformed in 1991. The final breakup was in 1995 when Mark Knopfler pursued a solo career.

The 73-year-old Knopfler was born in Glasgow, Scotland, and grew up in Northumberland, England. A four-time Grammy Award winner, Knopfler is ranked 27th on Rolling Stone‘s list of the 100 Greatest Guitarists of All Time. Dire Straits was inducted into the Rock and Roll Hall of Fame in 2018.

Fun trivia: Dire Straits was Princess Diana’s favorite rock group.

More fun trivia: Lead singer and guitarist Mark Knopfler is left-handed but plays right-handed.

Please check out the video of Dire Straits’ live performance of “The Bug.” The lyrics are below if you’d like to sing along…

“The Bug”
Written by Mark Knopfler. Performed by Dire Straits.

Well it’s a strange old game you learn it slow
One step forward and it’s back you go
You’re standing on the throttle
You’re standing on the brake
In the groove ’til you make a mistake

Sometimes you’re the windshield
Sometimes you’re the bug
Sometimes it all comes together baby
Sometimes you’re just a fool in love
Sometimes you’re the Louisville Slugger
Sometimes you’re the ball
Sometimes it all comes together
Sometimes you’re gonna lose it all

You gotta know happy – you gotta know glad
Because you’re gonna know lonely
And you’re gonna know sad
When you’re rippin’ and you’re ridin’
And you’re coming on strong
You start slippin’ and slidin’
And it all goes wrong because

Sometimes you’re the windshield
Sometimes you’re the bug
Sometimes it all comes together baby
Sometimes you’re just a fool in love
Sometimes you’re the Louisville Slugger
Sometimes you’re the ball
Sometimes it all comes together
Sometimes you’re gonna lose it all

One day you got the glory and then you got none
One day you’re a diamond and then you’re a stone
Everything can change in the blink of an eye
So let the good times roll before we say goodbye because

Sometimes you’re the windshield
Sometimes you’re the bug
Sometimes it all comes together baby
Sometimes you’re just a fool in love
Sometimes you’re the Louisville Slugger
Sometimes you’re the ball
Sometimes it all comes together
Sometimes you’re gonna lose it all

Sometimes you’re the windshield
Sometimes you’re the bug
Sometimes it all comes together baby
Sometimes you’re just a fool in love

Sometimes you’re the windshield
Sometimes you’re the bug
Sometimes it all comes together baby
Sometimes you’re just a fool in love



Credit: Dire Straits by Heinrich Klaffs, CC BY-SA 2.0, via Wikimedia Commons.

All eyes were on Queen Consort Camilla's 26-diamond necklace during Saturday's coronation of her husband, King Charles III, at Westminster Abbey in London. Dubbed the "Coronation Necklace," the dazzling neckwear was originally made by British Crown Jeweler Garrard in 1858 for Queen Victoria and has been worn at every coronation since.



The necklace features 26 cushion-cut diamonds, including the head-turning 22.48-carat dangling pendant called the "Lahore" diamond. According to the Royal Trust, the impressive gem had been part of the Lahore Treasure in the Punjab region of what is now Pakistan. After being taken over by British colonists in 1849, the gem was “presented to Queen Victoria in 1851.”

Despite its size, the Lahore diamond was used as an accent stone on the 352.5-carat "Timur Ruby" necklace. Interestingly, the Timur Ruby is actually a spinel.

In 1858, Garrard refashioned the Timur Ruby necklace so the three large diamond accents could be detached and used for other purposes. The smaller two diamonds doubled as earrings and the Lahore diamond became the centerpiece of the Coronation Necklace.

Queen Victoria had been coronated in 1838, so the first time the Coronation Necklace was actually worn at a coronation was in 1902 during the crowning of Edward VII and Alexandra. The necklace appeared again in 1911 at the coronation of George V and Mary, and then a third time at the 1937 coronation of George VI and Elizabeth.

The 27-year-old Queen Elizabeth II famously wore the necklace during her coronation in 1953 and adored the jewelry so much she frequently wore it to state events, such as the opening of the New Zealand parliament in 1963 (photo inset, above).

Although King Charles, 74, instantly became a monarch upon his mom's passing in September of 2022, the coronation did not take place until this past Saturday to respect a period of mourning and to allow enough time to plan the elaborate ceremony.

Credits: Screen grab of coronation ceremony via today.com. Inset, Queen Elizabeth II wearing the Coronation Necklace at the opening of the New Zealand parliament in 1963 by Archives New Zealand, CC BY 2.0, via Wikimedia Commons.

To commemorate the Los Angeles Football Club's memorable 2022 championship season, Baron Championship Rings stepped out of the box by adding a design element that is a first of its kind in major league sports — black obsidian overlay.



LAFC's official colors of black and gold are intended to reflect success, glamor and the urban texture of the City of Angels. Baron successfully delivered "on brand" black rings, accomplished technically by overlaying the 10-karat yellow gold base of each ring with black obsidian, a glass-like material that occurs in nature when molten lava cools quickly.

According to Baron, the ring design celebrates the LAFC’s historic first MLS title and speaks directly to the club’s ethos of uniting the club and community through special design elements and symbolism.

The dramatic ring top features the team's iconic "LA" mark framed in yellow gold and filled with white diamonds. Surrounding the logo is a field of black diamonds, along with the MLS Cup Champions wordmarks rendered in yellow gold.



The right shoulder of the ring presents the player’s name running vertically, along with the jersey number and championship year positioned horizontally. Also on the right shoulder is the Supporters‘ Shield symbol, denoting the award given to the MLS team with the best regular season record.

The left shoulder includes a stylized representation of the MLS Cup rendered in white diamonds. Baron also added the team’s jersey pattern to the background of both shoulders for a unique touch.



Baron utilized 128 black diamonds on the ring top to pay homage to Gareth Bale’s goal at the 128th minute mark during the MLS Cup final.

LAFC and the Philadelphia Union had played to a tie at the end of regulation time and were forced to play two 15-minute overtime periods. Just four minutes after the Union took a 3-2 lead during the second overtime, Bale scored the tying goal in stoppage time to force a shootout. LAFC won on penalty shots 3-0.



The inside shank displays “Forza Mo” and the infinity symbol, which pay respect to Mo Fascio, the former VP of the LAFC supporters' group known as The 3252. Beloved for for his ability to connect, unite and build community, Fascio passed away in March 2021 after losing a battle with COVID-19.

The ring's inside engraving features the scores of all three victorious playoff matches and the city abbreviations of the opponents. The outside shank engraving holds the team’s rally cry, "For Los Angeles."

Credits: Images courtesy of Baron Championship Rings.

If you got up early on Saturday to watch the coronation of Charles III, Britain's first new monarch in 70 years, you may have noticed a curious accessory swap at the tail end of the ceremony.



The St Edward’s Crown was lowered onto King Charles III's head at the "moment of coronation," but then the royal switched to the Imperial State Crown for the final procession from Westminster Abbey back to Buckingham Palace. He also wore it when he appeared on the palace balcony to wave to supporters with other members of his family shortly after.

Considered the centerpiece of the Crown Jewels of the United Kingdom, the St Edward's Crown dates back to the 17th century and was, ironically, fabricated for King Charles II in 1661.



The lavish headpiece glistens with 444 gemstones set in 22-karat yellow gold, but despite its opulence, the piece tips the scales at just under 5 pounds (the weight of a football helmet).

Because of its bulk, the St Edward’s Crown has seen little use during its 362-year-old history and has spent most of its time in the Tower of London. Only six monarchs prior to Charles III had chosen to wear the St Edward’s Crown on their coronations: Charles II (1661), James II (1685), William III (1689), George V (1911), George VI (1937) and Elizabeth II (1953).



Others monarchs opted for more wearable royal crowns. Queen Victoria (1838) and Edward VII (1902), for instance, decided to forego the honor of using the St Edward’s Crown and chose the Imperial State Crown, which weighs just over 2 pounds and features 2,868 diamonds and colored gemstones, including 17 sapphires, 11 emeralds and 269 pearls.

Charles III decided to wear both. At the end of the coronation ceremony, he switched to the less ominous Imperial State Crown, also called the "working crown." He also chose to wear it for his official portrait, shown above. The photo, above, shows the king in full regalia, holding the Sovereign’s Scepter in one hand and the Sovereign’s Orb in the other.

Jewelry experts put the value of the three bejeweled items at more than $6 billion.

Designed by Garrard & Co in 1937, the Imperial State Crown is highlighted by three noteworthy gems. At the front of the crown band is the famous Cullinan II, a 317-carat cushion-shaped diamond that is also known as the Second Star of Africa. The diamond is set just below the 170-carat Black Prince's Ruby (actually a spinel). At the back of the band is the 104-carat "Stuart Sapphire."

Earlier in its history, the irregularly shaped Black Prince's Ruby had been drilled so it could be worn as a pendant. As seen in the photo, the unsightly hole was filled with a cabochon-cut ruby in a bezel setting.

Cullinan II is the second largest stone cut from the 3,025-carat Cullinan Diamond, the largest diamond ever discovered. The Cullinan I, also known as the Star of Africa, weighs an incredible 530 carats and is mounted atop the Sovereign's Sceptre.

The Sovereign's Sceptre with Cross dates back to 1661 and is adorned with diamonds, emeralds, rubies, sapphires, spinels and amethysts. The sceptre comprises a golden rod, formed in three sections, with enameled collars at the intersections. The enameled heart-shaped structure that holds the Cullinan I is hinged so that the stone may be removed and worn separately, although this has been done rarely, according to the Royal Collection Trust.

Mounted with clusters of emeralds, rubies and sapphires surrounded by rose-cut diamonds and single rows of pearls, the Sovereign's Orb also dates back to 1661. It symbolizes the Christian world with its cross mounted on a globe. During the coronation service, the Orb is placed in the right hand of the monarch and then on the altar before the moment of crowning.

Credits: Official portrait by Hugo Burnand, courtesy of Royal Household 2023. Crown photos courtesy of Buckingham Palace.

Country music star Cole Swindell delighted his 1.5 million Instagram followers on Monday with the big news that he popped the question to Courtney Little, a former Charlotte Hornets dancer and 2017 Miss Teen North Carolina.



The romantic Swindell was determined to propose at the location of their unofficial first date. The challenge was how to get his girlfriend to the remote site — a farm in rural Tennessee.

Swindell convinced his now-fiancée that the tour bus they were riding on Sunday afternoon was heading to the dress rehearsals for today's 2023 Academy of Country Music Awards in Frisco, TX, where he is scheduled perform and is nominated in five categories, including song and single of the year for “She Had Me at Heads Carolina."

But instead of heading southwest toward Dallas, the tour bus turned north toward Orlinda, a rural town where Swindell shot his 2021 music video for "Some Habits," and the spot where he first laid eyes on Little, who played his love interest in the video.



Swindell led Little along a gravel drive, where he got down on one knee and proposed with a beautiful oval-cut diamond engagement ring. The solitaire is set with four prongs on a simple gold band. The singer explained in an Instagram post that most of the details are foggy because he was overcome with emotion.

"Still couldn't tell ya everything I said down on one knee," the 39-year-old country singer wrote. "All I know is she said 'YES'! We're so excited!"

Swindell's photographer, Cody Arrington, was hiding in the tall grass, capturing images of the special moment that both Swindell and Little shared on their respective Instagram pages.

Little wrote, "Woke up as future Mrs. Swindell I've never been so happy! I can't believe we are ENGAGED!!!!!"



Later on her Instagram Story, the 24-year-old Little, who currently co-owns The Little Sisters Boutique, gave a shout out to everyone who sent best wishes.

"Feeling SO overwhelmed with love!!!" she wrote. "Thank you thank you thank you to everyone that has reached out and congratulated us on our engagement. I've truly never been so happy and I'm trying to soak in every moment. God is sooooo good! AHHHH WE ARE ENGAGED!!!"

Swindell told people.com that weeks before the proposal he had asked Little's dad for permission.

"That's probably the most nervous I've ever been because he's such a great man," Swindell told the celebrity mag. "I can't wait to be part of her family."

The ACM Awards will stream live on Amazon Prime Video tonight, May 11, at 7 pm ET.

Credits: Images via instagram/coleswindell, instagram/courtney0little.

Welcome to Music Friday when we bring you brand new tunes with jewelry, gemstones or precious metals in the lyrics or title. Today, country star Dierks Bentley embraces the challenges of life's oft-bumpy journey in his 2022 anthem, "Gold," which also happens to be the soundtrack for the all-new Chevy Colorado truck campaign.



In addition to comparing gravel to gold, Bentley and his writing collaborators employ rhinestone, diamond and silver imagery to drive home the point that our most cherished moments often emerge from the rockiest of circumstances.

Bentley sings, "I got some rust on my Chevy but it's ready to roll / I got a rhinestone sky and a song in my soul / It ain't a smooth ride life, it's a winding road / Yeah, it might be gravel, but it feels like gold."

Later in the song, he builds on the theme…

"Got my baby sittin' by me / Shinin' like a diamond / Only silver linings in the clouds / And if it starts to rain / I don't worry about a thing / I pull my rose colored Ray Bans out."

Bentley explained on the Universal Music Group Nashville website that he wanted to write a song that captured the idea of enjoying the journey.

"The reality is that there are a lot of rocky times that we all go through," he said, "but amongst all the tough stuff, when you look for the special moments it can change how you view the world."

"Gold" was the first single released from Bentley's 10th studio album, Gravel & Gold. The single topped out at #20 on the Billboard US Hot Country Songs chart and hit #1 on the Billboard Canada Country chart.

Born in Phoenix, AZ, in 1975, Bentley got his first guitar at the age of 13. A rambunctious youngster, Bentley was sent cross country to a New Jersey boarding school, where he embraced country music because it reminded him of home.

As a young adult, Bentley landed a job as a researcher for The Nashville Network, where he was tasked with finding old footage of country performances. Ironically, the over-exuberant young man was banned from the Grand Ole Opry for trespassing on the grounds of the Opry House while working on an assignment.

The ban was lifted when he scored a recording contract with Capitol Records and released his self-titled first album.

During his 22-year career, Bentley has placed 27 singles on the Billboard Hot Country Songs and Billboard Country Airplay charts. Eighteen of them have reached #1.

Please check out the video of Dierks Bentley performing "Gold." The lyrics are below if you'd like to sing along…

"Gold"
Written by Ashley Gorley, Dierks Bentley, Ross Copperman and Luke Dick. Performed by Dierks Bentley.

It ain't easy
Nobody said it would be
You finally find that greener grass
But you're still in the weeds

Ain't it crazy
All the time that you spend
Drivin' through the rainbow for the pot at the end

I got some rust on my Chevy but it's ready to roll
I got a rhinestone sky and a song in my soul
It ain't a smooth ride life, it's a winding road
Yeah, it might be gravel, but it feels like gold

I've been climbing
Trying to get to the view
I'm at the bottom but the sky's still pretty damn blue
They say heaven
Is somewhere on the other side
But I ain't waitin'
Hell, I'm thinkin', it's a state of mind

I got some rust on my Chevy but it's ready to roll
I got a rhinestone sky and a song in my soul
It ain't a smooth ride life, it's a winding road
Yeah, it might be gravel, but it feels like gold

Yeah it feels like gold
Yeah it feels like gold

Got my baby sittin' by me
Shinin' like a diamond
Only silver linings in the clouds

And if it starts to rain
I don't worry about a thing
I pull my rose colored Ray Bans out

I got some rust on my Chevy but it's ready to roll
I got a rhinestone sky and a song in my soul
It ain't a smooth ride life, it's a winding road
Yeah, it might be gravel, but it feels like gold

Yeah, it feels like gold (Yeah, it does)
Yeah, it feels like gold

It ain't a smooth ride life, it's a winding road
Yeah, it might be gravel, but it feels like gold



Credit: Image by Lunchbox LP, CC BY 2.0, via Wikimedia Commons.

A South Sea cultured pearl and diamond necklace famously worn by Princess Diana to a performance of Swan Lake at London’s Royal Albert Hall — one of her last public appearances before her tragic death two months later in August of 1997 — is expected to fetch up to $15 million when it is presented for auction by Guernsey's as part of the "Swan Lake Suite." The event will take place at the Pierre Hotel in New York on June 27.



A design collaboration between Diana and British crown jeweler Garrard, the necklace features 178 diamonds, five 12mm South Sea pearls and a diamond total weight of 51 carats.

The Princess of Wales, who was also England’s Patron of Dance, proudly wore the lavish piece to the high-profile Swan Lake event, where her dazzling image was captured by numerous news outlets and celebrity publications. Diana and the Swan Lake necklace even made the cover of People magazine's "Yearbook 1998."

After the event, Diana returned the necklace to Garrard, where their designers were finishing up matching earring for the ensemble. The jeweler wanted to have the necklace on hand so the diamonds and South Sea pearls of the earrings would perfectly complement the necklace.

The drop earrings are highlighted by 12mm South Sea cultured pearls adorned by a cluster of brilliant-cut and marquise-shaped diamonds totaling 9.38 carats.

Sadly, Diana would never wear the complete ensemble.

Harrods heir and Diana's then-boyfriend, Dodi Fayed, had ordered the suite from Garrard and intended to give the pearl jewels to Diana as a gift. Both he and Diana would perish together in a car accident in Paris.

According to Guernsey's, the crown jeweler was faced with a dilemma. What would become of the Swan Lake Suite.

Two years after Diana's death, her family authorized Garrard to sell the Suite, with a portion of the proceeds going to UNICEF and its initiatives to ban landmines — a cause the Princess passionately supported.

The crown jeweler consigned the jewelry to the New York-based Guernsey's, which set out to find a buyer via an aggressive public relations campaign, which included live interviews on NBC’s Today Show and the Oprah Winfrey Show.

On the day Oprah Winfrey was featuring the Swan Lake Suite, she was also hosting guest James McIngvale, a Houston businessman known as “Mattress Mack.” McIngvale was so taken by the pearl jewelry that he purchased the Suite at auction for a reported $580,000.

A decade later, McIngvale informed the auction house that he wanted to resell the jewels. The Swan Lake Suite was then sold to its current owner, Mark Ginzburg, a Ukrainian real estate developer.

Ginzburg has pledged that a portion of the proceeds from this new sale will be dedicated to the re-building of Ukraine.



It's no secret that Diana was a big fan of pearls. In this photo from a private White House dinner hosted by Ronald and Nancy Reagan in 1985, guest of honor Diana is wearing a seven-stand pearl necklace centered by a large blue sapphire at she greets actor Tom Selleck. It was one of her favorite pieces and she wore it at many formal events throughout the 1980s and 1990s.

“While many accomplished figures fade from view with the passing years, Princess Diana is as vibrant today as when she was indeed the most admired woman on the planet,” Guernsey's commented. “And with her son Prince William destined to one day become king, Diana’s star will be shining brightly for decades to come.”

Credits: Swan Lake Suite photo courtesy of Guernsey's. Princess Diana greets actor Tom Selleck at the White House in 1985. Series: Reagan White House Photographs, 1/20/1981 - 1/20/1989Collection: White House Photographic Collection, 1/20/1981 - 1/20/1989, Public domain, via Wikimedia Commons.

So, you've booked a relaxing summer vacation, but you're not sure if it's a good idea to wear your precious jewelry into the hot tub or pool. While the short answer is NO, the science behind that answer is pretty fascinating. Read on.



The most comprehensive study about this subject was conducted more than a decade ago by Hoover & Strong, a leading refiner and manufacturer of precious metals.

The 111-year-old Virginia-based company concluded that chlorine and bromine (commonly used to treat the water in pools and hot tubs) caused a gradual failure of karat-gold settings, with the fastest deterioration seen when jewelry was immersed in chlorine bleach and brought to a high temperature.

While pure, 24-karat gold is non-reactive and impervious to other elements, just about all karat-gold fine jewelry is created from a mixture of pure gold and other alloys to give the jewelry its color (such as white or rose gold) or added durability. Common alloys include nickel, copper and zinc.

Chlorine has the ability to dissolve the alloy metals, ultimately causing stress cracks and breakage. Rings with prong-set stones carry the highest risk, because a single compromised prong could cause the loss of a very valuable gemstone.

Hoover & Strong reported that 14-karat nickel white gold faired worse than other white metals. Platinum was virtually unaffected and rhodium plating added a layer of protection to the karat gold.

Although chlorine and bromine were shown to damage jewelry, we should stress that the effects are exaggerated in the first two experiments where jewelry was exposed to a solution of 5% chlorine bleach, about 2,500 ppm (parts per million). According to the Water Quality & Health Council, the ideal level of free chlorine in the swimming pool is 2 to 4 ppm.

In Hoover & Strong's study, 14-karat nickel white gold exposed to 5% chlorine bleach and heated to 110 degrees F experienced prong failure after 21 hours.

The same experiment done with 5% chlorine bleach at room temperature still yielded prong failure, but it took 120 hours of exposure.

In the second set of experiments, the precious metal specialist measured its results based on two hours of daily hot tub use, which is unusual for most people.

The company calculated that prong failure would occur after 156 days for a chlorine-treated (5 ppm) tub, or 192 days for a bromine-treated (5 ppm) tub.

Hoover & Strong also warned that consumers should take off their fine jewelry when using laundry or cleaning products, as many of them contain corrosive bleach.

According to trade association Jewelers of America (JA), fine jewelry is also negatively effected by saltwater, a subject not addressed in Hoover & Strong's study. Saltwater, the group noted, can damage and discolor metals, such as gold and platinum, and can slowly erode the finish and polish of gemstones.

JA also advised consumers to avoid wearing jewelry when applying sunscreen and lotions. These products cause a film to form on jewelry, making items appear dull and dingy.

Here's the bottom line: Take off your precious baubles before heading to the hot tub, the pool or the ocean, and secure them, instead, in an in-room or hotel safe.

Credit: Image by Bigstockphoto.com.

For the first time, scientists have devised a way to successfully extract human DNA from an ancient artifact — in this case, a 20,000-year-old deer-tooth pendant discovered in the famous Denisova Cave in southern Siberia.



The DNA extraction technique, which has been described as a non-destructive, high-temperature "washing machine," will make it possible to identify the biological sex and genetic heritage of the person who previously used or wore the item.

The breakthrough is credited to an international research team led by the Max Planck Institute for Evolutionary Anthropology (MPI) in Leipzig, Germany.

The team was able to determine that the deer tooth pendant was likely worn by a woman to lived between 19,000 and 25,000 years ago and was closely related to contemporaneous ancient individuals from further east in Siberia, the so called "Ancient North Eurasians."



The scientists explained that the woman's DNA had been transferred to the porous tooth pendant via skin cells or sweat. From the DNA retrieved they were able to reconstruct a precise genetic profile of the woman who used or wore the pendant, as well as of the deer from which the tooth was taken.

“For the first time, we can link an object to individuals,” Marie Soressi, an archaeologist from the University of Leiden, told newscientist.com. “So, for example, were bone needles made and used by only women, or also men? Were those bone-tipped spears made and used only by men, or also by women? With this new technique, we can finally start talking about that and investigating the roles of individuals according to their biological sex or their genetic identity and family relationships.”

What's amazing about the new DNA extraction technique is that it leaves the specimen fully intact.

The team tested the influence of various chemicals on the surface structure of archaeological bone and tooth pieces and developed a non-destructive phosphate-based method for DNA extraction.

“One could say we have created a washing machine for ancient artifacts within our clean laboratory," explained Elena Essel, who developed the method and is the lead author of the study. "By washing the artifacts at temperatures of up to 90°C (194°F), we are able to extract DNA from the wash waters, while keeping the artifacts intact.”

In testing their methods, the MPI team had to overcome some frustration hurdles. For one, the artifacts had to be untouched by modern researchers, otherwise their own DNA would be on the items.

To overcome the problem of modern human contamination, the researchers focused on material that had been freshly excavated using gloves and face masks and put into clean plastic bags with sediment still attached, according to an MPI press release.

The breakthrough occurred when Maxim Kozlikin and Michael Shunkov — archaeologists excavating the famous Denisova Cave in Russia — cleanly excavated and set aside an Upper Paleolithic deer tooth pendant.

Utilizing that pristine artifact, the geneticists in Leipzig isolated not only the DNA from the animal itself, a wapiti deer, but also large quantities of ancient human DNA.

“Forensic scientists will not be surprised that human DNA can be isolated from an object that has been handled a lot,” said Max Planck geneticist Matthias Meyer, “but it is amazing that this is still possible after 20,000 years.”

Credits: Images courtesy of © MPI for Evolutionary Anthropology.

Back in 1970, the Zale Corporation purchased a 435-carat rough diamond, which was subsequently cut into the 127-carat, internally flawless, D-color sparkler known today as the "Light of Peace." At the time, Zale's founders Morris and William Zale saw the diamond not only as a source of corporate pride, but also an opportunity to promote the company’s ideals and goals.



The Zales arranged showings of the diamond to the public, with the ticket sales providing funding for peace-supporting initiatives, including assistance to refugees. A progressive notion at the time, the Zales believed that private enterprise could make a more meaningful contribution to society by promoting the ideals of peace. Previously, only governments played that role.

The benevolent brothers enlisted former Supreme Court Justice Arthur J. Goldberg to administer the foundation's funds, which included an initial grant of $250,000.

On June 7 at Christie's New York, the "Light of Peace" enters the limelight one more time as the top lot of the auction house's Magnificent Jewels sale. The pear brilliant-cut diamond is expected to fetch between $10 million and $15 million, with a portion of the proceeds going to the United Nations High Commissioner for Refugees (UNHCR). The gem is being sold without a reserve.

The New York Times reported in a 1970 story that the 2-inch by 2-inch rough was about to be fashioned into a pear-shaped diamond that was expected to weigh 150 carats. At the time, that carat weight would have ranked it as the second largest pear‐shaped diamond in the world. The Times added that the finished diamond would be exhibited throughout the country, with the proceeds from ticket sales going to a foundation dedicated to peace.

Zale Corp. entrusted the cutting of the diamond to one of its experts, Alex Franckel, who took a year to study the rough. He reportedly made multiple castings of the diamond in lead and lucite so he could visualize in advance the best way cleave the diamond. In addition to the mammoth hero stone, the original rough diamond yielded 12 significant satellite stones, ranging in size from 0.37 carats to 9.11 carats.

Zale Corporation sold the diamond formerly known as the "Zale Light of Peace" in 1982 to an unnamed buyer, the same buyer who will be offering it for sale at Christie's auction in June.

Other notable lots from the upcoming sale include the following:



A fancy vivid blue cushion modified brilliant-cut diamond weighing 3.10 carats, set in a platinum ring. Presale estimate is $4.2 million - $5.2 million.



A pendant featuring a cushion mixed-cut sapphire weighing 71.27 carats and accented with 10 round brilliant-cut diamonds in a platinum and 18-karat yellow gold setting. Presale estimate is $3 million - $5 million.



A fancy vivid blue cut-cornered rectangular modified brilliant diamond weighing 2.97 carats and set in a platinum ring. Presale estimate is $2.5 million - $3.5 million.

Credits: Images courtesy of Christie's.

Welcome to Music Friday when we bring awesome new tunes with jewelry, gemstones or precious metals in the title or lyrics. Today, Taylor Swift reminds her inattentive boyfriend that he'd better mend his ways because when she walks into a room she "can still make the whole place shimmer" in her 2022 hit, "Bejeweled."



The nine-time Grammy winner embodies the characteristics of a diamond as she takes us on a journey of self empowerment.

She sings, "Don't put me in the basement / When I want the penthouse of your heart / Diamonds in my eyes / I polish up real / I polish up real nice / Nice."

Later in the song, she admits to her boyfriend that she went to the club and danced with a guy who said her aura's moonstone (a nod to her femininity).

"And we're dancing all night / And you can try / To change my mind / But you might have to wait in line / What's a girl gonna do? / A diamond's gotta shine"

Written by Swift and Jack Antonoff, "Bejeweled" appeared on the singer's 10th studio album, Midnights. The song charted in 21 countries, including a #6 position on the US Billboard Hot 100 chart. Swift performed "Bejeweled" for the first time on her current Eras Tour, which started in March and runs through August.

Swift recently explained the inspiration behind the tune to the listeners of iHeart radio: "'Bejeweled' is a song that I think it’s really about finding confidence when you feel that it’s been taken away, for whatever reason. You know, you’re feeling insecure, you’re feeling taken for granted… One of the things we love to do at night, ‘cause we love to go dancing, we love to put on an outfit that makes us feel good, and we love to feel like we’re still bejeweled.”

Born in Wyomissing, PA, Swift wasn't your average schoolgirl. By the time she was 11, Swift was already performing regularly at karaoke contests, festivals and fairs near her home in Berks County. When she was 14, her parents moved the family to Nashville, where Swift would be better positioned to pursue a career in country music. At the age of 17, Swift was topping the country charts.

Now 33 years old, Swift is one of the best-selling musicians of all time. She has sold more than 200 million records, nabbed 12 Grammy Awards (including three Albums of the Year) and topped the Billboard Hot 100 nine times.

Please check out the lyric video of Swift performing "Bejeweled." The lyrics are below if you'd like to sing along…

"Bejeweled"
Written by Taylor Swift and Jack Antonoff. Performed by Taylor Swift.

Baby love, I think I've been a little too kind
Didn't notice you walking all over my peace of mind
In the shoes I gave you as a present
Putting someone first only works when you're in their top five
And by the way
I'm going out tonight

Best believe I'm still bejeweled
When I walk in the room
I can still make the whole place shimmer
And when I meet the band
They ask, "Do you have a man?"
I could still say, "I don't remember"
Familiarity breeds contempt
Don't put me in the basement
When I want the penthouse of your heart
Diamonds in my eyes
I polish up real
I polish up real nice
Nice

Baby boy, I think I've been too good of a girl
Too good of a girl
Did all the extra credit then got graded on a curve
I think it's time to teach some lessons
I made you my world
Have you heard?
I can reclaim the land
And I miss you
But I miss sparkling

(Nice) Best believe I'm still bejeweled
When I walk in the room
I can still make the whole place shimmer
And when I meet the band
They ask, "Do you have a man?"
I could still say, "I don't remember"
Familiarity breeds contempt
Don't put me in the basement
When I want the penthouse of your heart
Diamonds in my eyes
I polish up real
I polish up real nice
Nice

Sapphire tears on my face
Sadness became my whole sky
But some guy said my aura's moonstone
Just 'cause he was high
And we're dancing all night
And you can try
To change my mind
But you might have to wait in line
What's a girl gonna do?
A diamond's gotta shine

Best believe I'm still bejeweled
When I walk in the room
I can still make the whole place shimmer
And when I meet the band
They ask, "Do you have a man?"
I could still say, "I don't remember"
Familiarity breeds contempt
Don't put me in the basement
When I want the penthouse of your heart
Diamonds in my eyes
I polish up real (Nice)
I polish up real nice

And we're dancing all night
And you can try
To change my mind
But you might have to wait in line
What's a girl gonna do?
What's a girl gonna do?
I polish up nice
Best believe I'm still bejeweled
When I walk in the room
I can still make the whole place shimmer



Credit: Photo by makaiyla willis, CC BY 2.0, via Wikimedia Commons.

In August 2005, two of the most iconic pieces of Hollywood memorabilia — the Ruby Slippers worn by Dorothy in the 1939 MGM film, The Wizard of Oz — were snatched from the Judy Garland Museum in Grand Rapids, MN, after closing time in a classic smash-and-grab event.



There was no surveillance video of the crime, and the only clue left behind was a single red sequin amidst a sea of busted plexiglass.

MGM’s chief costume designer Gilbert Adrian had created multiple pairs of Ruby Slippers to be worn by child star Garland during the filming, but only four pairs are known to still exist. Each of the pairs is believed to be worth $3 million or more if ever offered at auction.

The case finally broke in the summer of 2017, when an individual approached the company that had originally insured the slippers for $1 million and said he had information on how they could be returned.

After a yearlong investigation coordinated by FBI field offices in Chicago, Atlanta and Miami, the slippers were secured during an undercover operation in Minneapolis. Although the Ruby Slippers had been recovered, the investigation was classified as "ongoing" because the FBI was still seeking those responsible for the 2005 heist.

“We reached the first goal, the recovery, and it’s a great day,” North Dakota United States Attorney Christopher Myers said at the time. “But we’re not done.”

Now, federal authorities believe they've got their man.

Last week, a federal grand jury returned an indictment against 76-year-old Minnesota resident Terry Martin for the "theft of an object of cultural heritage from the care, custody, or control of a museum." Martin is charged with one count of theft of major artwork.

The indictment alleges that it was Martin who stole the authentic pair of ruby slippers from the Judy Garland Museum. The investigation has been conducted by the FBI’s Minneapolis Division.

Before announcing the recovery in 2018, the FBI had sent the sequined shoes to the Smithsonian for verification. As many people know, a similar pair of Ruby Slippers has been one of the most popular attractions at the National Museum of American History in Washington, DC.

The pair had been pulled from its exhibit in 2016 to undergo conservation care funded by a Kickstarter campaign. Smithsonian objects conservator Dawn Wallace had spent more than 200 hours examining the slippers and was intimately familiar with every detail.



Wallace confirmed that the FBI’s pair was the real deal, but in a surprising turn of events revealed that the pair that had been donated anonymously to the Smithsonian in 1979 was mismatched. The left and right shoes were of different sizes. The heel caps and bows on each shoe were not identical.

What’s more striking is that the FBI’s recovered pair had the same issues. When the four shoes were laid side by side, two identical pairs were temporarily united.

The Smithsonian believes that the mix-up may have occurred in the run-up to a 1970 auction of MGM costumes and memorabilia. That’s when the Smithsonian’s pair was originally obtained and could have been confused with the other pair because all four shoes had felt bottoms and were intended for dance sequences.



Interestingly, there are no rubies on Dorothy’s Ruby Slippers. In fact, the bugle beads that prop designers used to simulate ruby proved to be too heavy. The solution was to replace most of the bugle beads with sequins, 2,300 on each slipper. The butterfly-shaped bow on the front of each shoe features red bugle beads outlined in red glass rhinestones in silver settings.

While the FBI maintains custody of the recovered pair of Ruby Slippers, the Smithsonian's pair is currently the centerpiece of an exhibit at the National Museum of American History called "Entertainment Nation." Other items in the exhibit include Prince’s guitar and Muhammad Ali’s boxing gloves.

Credits: Images courtesy of Smithsonian.

Even though it was 13 years ago, Mary Strand remembers vividly how she dove for her diamond anniversary ring as it swirled down the drain of her toilet. The St. Paul resident had accidentally knocked the ring into the bowl while washing her hands in her downstairs bathroom.



Strand immediately called her husband, David, the owner of a sewer and drain cleaning company who has rescued his fair share of flushed items throughout his career.

He rushed home, removed the toilet and rolled it around the back porch — a way to dislodge the ring if it was stuck inside.

When that strategy failed, he ran a camera 200 feet down the sewer line to see if the ring was there. Still no success. His last-ditch effort was to alert municipal workers of the loss, hoping that the ring might turn up in the sewer system still further down the line.

With no other options at their disposal, the Strands gave up.



"And that was it," David said. "We just wrote it off.

Flash forward to March of this year as a diamond ring emerges from the muck a quarter-mile away from the Strand home at the Rogers Wastewater Treatment Plant.

John Tierney, manager of mechanical maintenance at the Rogers Plant, and two machinists, Bruce Benson and Todd Bennett, had been investigating a malfunction in a piece of equipment that handles the intake of wastewater at the plant. While removing grit and solids near the equipment, they spotted a sparkling object that turned out to be a gold anniversary ring with a large marquise-shaped center diamond flanked by more than two dozen accent stones.

After 13 years in the St. Paul sewer system, the ring endured a bit a band damage and a few of the accents stones were missing. But, overall, the ring was in remarkably good shape.

According to a press release, Tierney realized that the ring was probably special to someone and initiated a public appeal to find the ring’s owner via the Metropolitan Council, a government agency serving towns and counties in the Twin Cities area. The story of the missing ring was covered by local TV stations and posted on social media.

Nearly 300 people responded with photos and descriptions of rings lost down the drain.

“Some of the stories are heartbreaking,” said Kai Peterson, the Metropolitan Council's information specialist. “An elderly woman hoping for a miracle for this memory of a deceased husband. One individual even called in lamenting that they had lost their ring the night of their wedding.”

Mary Strand's daughter had seen the coverage of the missing ring and alerted her mom. Mary called the Council and eventually sent in a photo of her lost ring, a gift from David marking their 33rd anniversary. A panel of two jewelers enlisted by the Council confirmed that it was a likely match.

Ann Bloodhart, general council for the organization, presented Mary with her lost ring during an informal ceremony posted to the Metropolitan Council's YouTube page.



"This is my ring," Mary said, laughing. "It's nice to see it again."

In the video, the animated 71-year-old describes how she tried in vain to rescue the ring as it got sucked down the drain.

Tierney likened the odds of finding the ring to the odds of his winning the lottery.

“You’re not going to look for that and find it,” he said. “The odds are astronomical.”

The Strands are planning on repairing and refurbishing the long-lost ring.

“I remember looking at it and flashing back to when [David] gave it to me,” Mary told The Washington Post. “That’s how memorable a thing it was.”

Credits: Screen captures via YouTube.com/Metropolitan Council.

Today, we're going to share some fun stats and facts about Arkansas's Crater of Diamonds State Park, where amateur miners get to keep what they find at the only diamond site in the world that’s open to the general public.



Since it opened as a state park in 1972, Crater of Diamonds has welcomed more than 4.6 million visitors, including a record 201,000 in 2021.

Prospectors of all ages get to scour the 37½-acre search field, which is actually the exposed eroded surface of an ancient diamond-bearing kimberlite pipe. And while it may seem that the odds of finding a diamond are slim, over the 50-year history of the park, visitors have unearthed 35,250 diamonds weighing a combined 7,031 carats.

If you do the math, the probability of a park visitor actually walking away with a diamond is one in 132 — certainly better than your odds of winning the lottery or striking it rich at a casino.

Nearly 99% of the diamonds discovered at the park will fall into one of three color categories: white (clear), brown or yellow. According the Crater of Diamonds' official stats, exactly 62% of diamonds found to date were white, 20% were brown and about 17% were yellow. Slightly more than 1% were classified as "other."

Diamonds unearthed at the park average 1/5th of a carat, but about 21 per year will weigh in at 1 carat or more.



The largest diamond ever discovered in the United States was unearthed in 1924 during an early mining operation in Murfreesboro, which is now the site of Crater of Diamonds Park. Named the "Uncle Sam," the white diamond with a pink cast weighed 40.23 carats.

It was later cut into a 12.42-carat emerald shape. The Uncle Sam is now part of the Smithsonian’s mineral and gem collection and can be seen at the National Museum of Natural History in Washington, DC. A marker at the park tells the story of the Uncle Sam and points to the spot where the gem was found.

Park interpreter Tayler Markham explained in a recent article on the park's website how a diamond’s color is influenced by its journey from deep within the earth to the surface.

Markham, who has a degree in geoscience, explained that while all diamonds are made from carbon, white (or clear) diamonds are closest to a pure carbon crystal. White diamonds found at the park often exhibit a unique silvery sheen that makes them appear opalescent. This is caused by tiny inclusions that scatter the light passing through the gem.

Brown diamonds at the park owe their color to what Markham calls "plastic deformation," a structural anomaly that occurs during the diamond's formation. This event creates gaps in the crystal lattice that affect the way light is absorbed by the diamond. Brown diamonds absorb all colors except red and green wavelengths, making them appear brown.

In 2020, Arkansas native Kevin Kinard found the largest brown diamond in the park’s history, a 9.07-carat brandy brown gem he named the "Kinard Friendship Diamond."

Yellow diamonds, noted Markham, are created when nitrogen is absorbed into the diamond's crystal structure during formation. Nitrogen impurities absorb blue light and reflect yellow wavelengths, giving the diamond a yellow hue. The intensity of the color depends on the amount of nitrogen in the diamond's chemical composition.

One of the most famous yellow diamonds discovered at the park is the 4.25-carat "Kahn Canary Diamond." The gem was left uncut and placed in a ring, worn by First Lady Hillary Clinton at her husband’s Presidential Inaugural Galas in 1993 and 1997.

Tickets to the park cost $13 for adults and $6 for children 6 to 12 years old. Children younger than 6 get to enjoy the park for free.

Credit: Image courtesy of Arkansas State Parks.

Might the US federal government be able to stave off the impending debt-ceiling crisis by minting a $1 trillion platinum coin that could be deposited with the Federal Reserve to pay for government expenses? The answer seems to be yes, no and kinda, maybe…



While some pundits dismiss the concept as farcical, others embrace it as totally legit.

Back in 1997, Congress enacted a law that gave the Treasury Secretary the power to mint platinum coins of any denomination, for any reason. The original intent was to give the US Mint an opportunity to make money for the federal government by minting collectible coins.

But during the 2011 and 2013 debt ceiling debates, commentators wondered out loud if minting a trillion-dollar coin might circumvent the legal cap Congress places on the government's ability to borrow to pay its debts.

With Secretary of Treasury Janet Yellen claiming last week that the US may run out of cash to pay its bills as soon as June 1 — and with political leaders making little headway to negotiate a deal — the trillion-dollar coin strategy is back in the news.

What's neat about the $1 trillion coin concept is that the Treasury Secretary can take a simple platinum coin, about the size of a Liberty half dollar, and apply any denomination.

In this case, the one-ounce .9995 platinum coin with a precious metal value of about $1,050 could, in theory, be assigned a value of $1 trillion.

Outrageous? Maybe not.

An article by vox.com noted that former US Mint director Philip Diehl agreed it would work, and over the years, influential voices, such as financial journalist Joe Weisenthal and New York Times columnist Paul Krugman have also supported the idea.

Vox credited the novel concept of using a platinum coin to allay budget issues to Beowulf, a blog commenter who is also known as Atlanta-area attorney Carlos Mucha. Beowulf mentioned the strategy in a comment thread on financier Warren Mosler’s blog post of May 24, 2010.

The concept was debated by other bloggers and picked up steam from there, finding new life each time the federal government was on the brink of a catastrophic financial default.

For the record, Yellen doesn't take the $1 trillion coin idea too seriously. She told CNBC, “I’m opposed to it and I don’t think we should consider it seriously. It’s really a gimmick."

Mucha disagreed, telling vox.com, "She is, by and large, very good at her job and is by all accounts a nice person, but on this she’s wrong, not just on the law but on policy."

Americans with an opinion are mostly on the same page as Yellen.

Bloomberg.com reported that Drew Linzer of Civiqs recently polled 1,212 registered voters about how they felt about the US Treasury minting a $1 trillion coin to pay off the country's debt obligations.

Only 14% of those surveyed supported the idea, while 37% opposed it. Nearly half (49%) had no opinion or admitted they didn't know enough about the subject to take a stand.

Will the $1 trillion coin become a thing? It's a long shot, but only time will tell.

Credit: $1 trillion coin concept by The Jeweler Blog.

Welcome to Music Friday when we bring you fun songs with jewelry, gemstones or precious metals in the title or lyrics. Today, Bruce Springsteen returns to our blog with his bling-embellished, 1950s-inspired ditty, “Ain’t Got You.”



In the song, The Boss details all the treasures he’s amassed, including “the fortunes of heaven in diamonds and gold,” but admits that his life is not complete because he “ain’t got you.”

“Ain’t Got You,” was the opening track to Springsteen’s introspective, autobiographical 1987 album Tunnel of Love. Unlike his previous album, Born in the USA, Tunnel of Love opened a window into Springsteen’s personal life, especially his troubled marriage to actress Julianne Phillips.

Interestingly, the simple "money can't buy me love" song set off a tiff between Springsteen and Steven Van Zandt, a founding member of Springsteen’s E Street Band, according to a 2012 article in The New Yorker. Van Zandt didn’t think it was appropriate for Springsteen to write a song about his personal wealth.

“I’m, like, ‘What… is this?’” Van Zandt told The New Yorker. “And he’s, like, ‘Well, what do you mean? It’s the truth. It’s just who I am. It’s my life.’”

Van Zandt responded, “People don’t need you talking about your life… They need you for their lives. That‘s your thing. Giving some logic and reason and sympathy and passion to this cold, fragmented, confusing world – that’s your gift. Explaining their lives to them. Their lives, not yours.”

Despite Van Zandt’s objections, the song — which runs just 2:08 and was recorded by Springsteen alone in his home studio — landed as the first track on Tunnel of Love. The album would go on to sell more than three million copies and top the U.S. Billboard 200 chart.

BTW, Springsteen did eventually find his true love. He's been married to fellow musician Patti Scialfa since 1991 and they share three kids. 

Born in 1949, Bruce Frederick Joseph Springsteen was inspired to pursue a music career after watching the Beatles’ perform on The Ed Sullivan Show in 1964. The 15-year-old Springsteen bought his first guitar for $18.95 at a Western Auto Appliance store.

He played small venues with a number of bands throughout the late ’60s and then caught the attention of a Columbia Records talent scout in 1972. Springsteen’s debut album, Greetings from Asbury Park, N.J., was released in October of that same year.

Springsteen has sold more than 150 million records worldwide. He’s earned 20 Grammy Awards (out of 50 nominations), two Golden Globes, an Academy Award, and a Special Tony Award for Springsteen on Broadway. In 1999, he was inducted into both the Songwriters Hall of Fame and the Rock and Roll Hall of Fame.

We hope you enjoy the audio clip of Springsteen’s performance of “Ain’t Got You.” The lyrics are below if you’d like to sing along…

“Ain’t Got You”
Written and performed by Bruce Springsteen.

I got the fortunes of heaven in diamonds and gold
I got all the bonds baby that the bank could hold
I got houses ‘cross the country honey end to end
And everybody buddy wants to be my friend
Well I got all the riches baby any man ever knew
But the only thing I ain’t got honey, I ain’t got you

I got a house full of Rembrandt and priceless art
And all the little girls they wanna tear me apart
When I walk down the street people stop and stare
Well you’d think I might be thrilled but baby I don’t care
‘Cause I got more good luck honey than old King Farouk
But the only thing I ain’t got baby, I ain’t got you

I got a big diamond watch sittin’ on my wrist
I try to tempt you baby but you just resist
I made a deal with de devil babe I won’t deny
Until I got you in my arms I can’t be satisfied

I got a pound of caviar sitting home on ice
I got a fancy foreign car that rides like paradise
I got a hundred pretty women knockin’ down my door
And folks wanna kiss me I ain’t even seen before
I been around the world and all across the seven seas
Been paid a king’s ransom for doin’ what comes naturally
But I’m still the biggest fool honey this world ever knew
‘Cause the only thing I ain’t got baby, I ain’t got you



Credit: Image by Gorup de Besanez, CC BY-SA 4.0, via Wikimedia Commons.

Former Disney star Bella Thorne took to Instagram on Friday to announce her engagement to TV producer Mark Emms and to show off what is estimated to be a 10-carat emerald-cut diamond engagement ring.



Thorne posted a series of romantic photos along with the simple caption, "my love." In the first photo, Thorne's 25.2 million followers got to see a close-up of the ring, which highlights a large center stone flanked by tapered baguettes.



Emms — who is best known as the producer of the Netflix series, Bad Vegan, and the co-owner of The Mulberry, a trendy bar in New York's SoHo district — popped the question on May 13 at Thorne's home in California, according to Vogue. The publication reported that after the proposal, Thorne and Emms celebrated the momentous event with family.

Vogue noted that the couple met last August at model Cara Delevingne's birthday party in Ibiza, Spain.

“It was love at first sight as the sun rose,” she told the publication.

The actress is already working on the arrangements for a countryside wedding in the UK, where Emms resides and works. She also told Vogue that she plans to make a number of wardrobe changes on her special day.

"Every bride does not need one gown, but four!" she exclaimed.

Thorne's latest engagement comes nearly a year after the actress split from her former fiancé, Benjamin Mascolo, in June of 2022. Thorne and the Italian singer were engaged in March of 2021.

Less than a month after accepting a 4-carat, pear-shaped diamond engagement ring from the Mascolo, Thorne reciprocated the loving gesture by giving her then-fiancé a diamond engagement ring of his own — a diamond-studded, openwork gold ring.

Might Emms have an engagement ring in his future? Stay tuned.

Credits: Instagram.com/Bellathorne.

Employing a pair of submersibles named Romeo and Juliet, the Guernsey-based Magellan company took six weeks to complete the largest underwater scan in history. In the end, the high-tech firm had compiled 700,000 high-resolution images in an effort to map every millimeter of the wreck site of the ill-fated Titanic.



Magellan stitched together the images to deliver an incredibly detailed, 3D look at the 882-foot luxury liner from every angle. Its cameras were able to see minute details, from the serial number on one of the ship's propellers, to a unique piece of jewelry lost by a distinguished passenger on April 14, 1912 — the night the Titanic sank after hitting an iceberg while on its maiden voyage from Southampton, England, to New York.



At a depth of 12,500 feet, the submersibles were able to spot a turquoise and gold shark tooth necklace lying on the ocean floor in a field of white circular ornaments, possibly ivory hoops or carved beads.

But, this is not an average shark tooth necklace, according to breathless accounts infiltrating the Internet, but the tooth of a prehistoric megalodon. Really?

The extinct shark existed millions of years ago and grew to 65 feet in length, the size of one and a half school buses. It was at the top of the food chain with a bite force of between 108,514 and 182,201 Newtons. That's nearly 10 times the crunching power of a great white shark.

It also flashed enormous teeth. In fact, the name of the species is derived from the Greek, meaning "big tooth."



The problem with the premise that the scan revealed a megalodon-tooth necklace is that the giant shark's tooth measures about 7 inches from point to base — not exactly the size a jeweler would deem fit for a fashionable gold pendant. No, we're pretty sure the jewelry is set with a conventional shark tooth.

Even so, the Magellan team is reportedly using artificial intelligence to scan footage of passengers boarding the ship to see if anyone was wearing a shark-tooth necklace during the voyage. From there, they might be able to track down the ancestors of that person and potentially reunite them with the jewelry.

As for now, the Magellan team may not collect any artifacts on the ocean floor due to restrictions placed by the US and British governments.

Of the 2,240 passengers and crew on the Titanic, more than 1,500 lost their lives in the North Atlantic Ocean about 400 miles south of Newfoundland, Canada. The ship sank in two parts and the debris field spreads over three miles between the bow and stern.

Credits: Titanic screen captures via Magellan. Megalodon tooth photo by Fakirbakir, Public domain, via Wikimedia Commons.