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15 Karat Gold Ring: Value, Age & Origin - Expert Appraisal


Question

Ring  
QUESTION: Hi,

I recently inherited a gold ring with dark and light green stones from my Grandmother, and when I took it into a jewelers to be resized, the jeweler told me it was 15 carat gold. The hallmarks inside it read AA 15 625, then an anchor and a J. Are you able to give me an estimate of age, approximate value and where it was made?
Thanks

ANSWER: Hello Natalie,
Fascinating! 15 Kt gold is  highly unusual to  modern rings and does indicate some age.the 625 indicates 15 kt gold in fineness . It also sounds as if it is European in origin, and the stones perhaps emeralds and peridots  or chrome diopside and tsavorites, but the latter combination less likely in an older  ring. When I enlarge the photo it's too fuzzy to  see the stones  except that the main  dark green  stone does appear to  be  quite dark- darker than emeralds are  for the most part, coloured, which  calls to mind  chrome diopside,  or a tourmaline.If it were a tourmaline you would see it appear different coloured in  different lighting conditions as it is plechroic- more than one colour   shown, whereas  chrome diopsides are  more valuable and a consistent  dark  green, and higher valued than a tourmaline.
The marks though  will take me some time to research. I have far more information on  silver marks than gold however the  lion and anchor  indicate, it was  made in Birmingham England, - if that is, it is the same lion and anchor - as Lions are used  from Estonia to  Ireland, and  as far east as Iran to indicate  place of origin, but my bet is, Birmingham as the standards office the piece was registered through. the AA probably indicates  he maker or  it is a date.
Can you please tell me the  exact order of the signs and symbols inside the ring. I know the 625 is the fineness, and the lion and anchor  Birmingham, and that  would put the ring made around 1868 , but without actually seeing the  typestyle of the A's and the background  and whether or not there is a soverign's head  in the markings it is hard  to narrow down  from speculation of what it may look like. I would want to give you a more definative answer. If it's possible can you take a shot of the markings inside the ring, or  draw them roughly? the shape of the  background  behind any symbol is  relevant and a bit of  what history  you suspect is attached to the ring. If your grandmother was German, that would be relevant, if Finnish, that too would bear on the mark, as  I said Lions are widely used, and the design  looks  standard and european  of the  mid 19th century  as such the value, depending on the condition of the stones  would be in the neighborhood of perhaps $700.00 US, or $550.00GBP- as the gold  content is approximately half pure gold ( 14-15kt is  slightly more than  half fine or pure gold) gold today is around $970.00 per oz. USD, but the daily market  can change with the London Fix issued at about 3pm EST for a day and  found on www.kitco.com, where you can check the gold and silver prices  on a given  day and  know what you are  dealing with  when negotiatiing a sale. But I apologize in that I need a bit more information if you  care to have me  research it  further, and  it will  take me a few days  to get back to you.
Also, please describe or retake a photo of the stones I can't see them clearly in either  photo. That would also  help in giving you   a more definative  valuation. If it were a green diamond, of course the value wouold go up! but they were rarely  cut and used in the  period  I suspect your ring is  from.
Hope you have learned something in this all, Best regards,Ari

---------- FOLLOW-UP ----------


15kt Ring  
QUESTION: Thanks Ari,

The exact order of the signs and symbols are AA 15   625 anchor and what you say is a lion. There appears to be another circular hallmark on the underside of the stone section, of the lion or a lowercase 'r', i am not sure. The background of the hallmarks have been cut out of the ring and darkened, so the markings are gold and stand out. Unfortunately, my camera is not good enough to take a close up of such a small object, but i have done a rough sketch of the marks. It appears to have been resized previously, so there may have been another marking that has been covered.

As for my Grandmother, she was born in New Zealand, as was her mother. My great great grandfather was from Cornwall, and married there in 1968, later emigrating to New Zealand. My great great grandmother was from the Nottinghamshire area. We believe her family would have had the money to buy jewellery such as this ring.

The main stones are a mid to dark green, with lighter bluish green tones in it. The smaller stones are a mixture of dark green and pale blue. They are definitely not like any emeralds or other stones I have seen before. All but 5 of the stones are missing, and one is chipped, which obviously would lower the value quite significantly.

Thanks again

Answer
Hello Natalie,
One more question- would you say the stones are banded? if so they may  be fluorite and replacements,  as they are common  but soft.Sapphires from one of many locations worldwide can also show banding, particularly ones from the period  before the  late 1970's when stones were beginning to  be heat treated to change their colouration or irradiated to achieve the same result.
As for the  your drawing- thanks- I can definitively say the AA is the maker's mark - though I can't find a reference to a living or dead  jeweler or manufacturer  using exactly that mark and registered with the British assay and hallmarking office. I would guess that the  piece, was made anywhere from the 1920's-70's and  in  or about Birmingham England as referenced  by the maker registering it  in the Birmingham office, indicated  by the telling  anchor. I don't  have access to  many New Zeland maker's marks so that rather  limits my searching for you, but  that does not rule out that it could have been  made by a local NZ jeweler.I can tell you though it is  after  1890 as there is no duty mark on the piece. I would like to think that the  stones are native sapphires as they fit the bill with  banding and  only a chip to be seen as opposed to  much damage from years of wear as one would see with fluorite- though many an unscrupulous jeweler has replaced  tourmalines, chrome diopsides and  sapphires with a cheaper, softer fluorite - and sometimes the customer rather fancied the  colour variations and gradiations in the fluorites that are virtually found  around the globe and easily cut.
The style of the ring  looks  more modern than old, however - curiously the band appears older than the  mounting..with  no other information I would guess the ring  from the 1950's-60's based on that modernist period design and the use of trillion stylized settings that  look  hand fabricated as  opposed to tree style castings, which  would have been  for mass production. I don't think  that your ring was mass produced at all, rather  a one  off design  by a maker  producing  in the UK in the  late 50's up to the  late 70's.
 That's as best I can estimate Natalie.I would put a value on it of perhaps $550.GBP, or $700.00 USD for insurance purposes if  you were to have the stones matched and replaced- which shouldn't cost more than  50-75 dollars from an honest  independent jeweler without a time constraint  put on him or her. If the stones are  rare  or otherwise regional, that  could   make for an increase in  cost as well as securing them for replacement.The actual labour time involved  shouldn't be more than a half hour with stones that size  being set into  perfectly intact ( from what I can see!) mountings.
As I said, I can't find a maker's mark to match but that the jeweler took the care to register it tells one that it  was more than a hobbyist that made the piece. Often local jewelry  sellers can help identify maker's marks  if they deal in a wide  variety of styles and makers. It is  quite unique though and if seen before should jog the memory of any professional estimator, or appraiser. I'm sorry it isn't  worth thousands  but I'm afraid that even with the market at  what it is, being 15kt. the value is more in the sentimentality and I would advise  holding onto it rather than  cashing it in for  money  on a "cash4gold" type site or  merchant.    Without  absolutely identifying the stones that is particularly true. If though, you  need to  sell the ring  for it's gold value,  remove the stones  yourself before  selling  it for weight, and look into the daily spot market before you  go so as to know if the offer is reasonable.
Best regards, Ari