Originally Purchased on  Christie's in 1997 for $3,463 We would like to inform our clients, readers and flowers that right now a very unique Soviet 18K White Gold Brooch with Diamonds and Emeralds is being sold at an online auction called "LiveAuctioneers". Above that, it has our Hallmark ID Certificate which outlines all aspects of this highly valuable item.  Needless to say that this brooch is very rare. It was made by Moscow's leading jewelry factory "Uvelirprom" which specialized in custom and experimental jewellery. Their designs were unique and most items were produced in single or limited copies - and were purchased primarily by the USSR's upper class. On top of that WHITE 18K or 750 GOLD jewellery was very rare in the Soviet Union, let alone now. Only a had full of these items survived & almost all are located in private collections.

christies.com/lotfinder/lot/an-emerald-and-diamond-brooch-517580-details.aspx?intobjectid=517580

" Soviet brooch made in 1980, Uvelirprom Jewellery Factory, Moscow. Of circular form set with 15 square-cut emeralds and 76 pear-cut and circular-cut diamonds in an openwork scroll and foliate design, mounted in 18ct yellow and white gold. The back is hallmarked with the purity, the government inspection stamp and the maker's mark. 

As Soviet jewellers mostly worked with 14ct gold, this 18ct brooch is very rare, as 18ct gold didn't become widely used until after the collapse of USSR. Furthermore, this is a very elegant piece, whereas most Soviet jewellery was far from refined. This brooch comes with an electronic certificate confirming the origins of its marks, and the certificate has been entered into a database from which it can be retrieved in the future.

The "Ю" was the maker's mark of Uvelirprom Jewellery Factory, which, founded in 1926, is the oldest jewellery factory in Russia, specialising mainly in diamond jewellery. 

Provenance: Christie's, Amsterdam

Measurements
18ct yellow and white gold
Hallmarked '750'
Diameter - 4.31 cm
Total weight - 16.32 g
Total weight of diamonds - around 2 ct
Total weight of emeralds - around 0.45 ct 

Source: http://www.liveauctioneers.com/item/28167998_soviet-diamond-and-emerald-18ct-gold-foliate-brooch

Source: bloomberg.com // Inflation of hryvnia (uah)

MARCH 2014:

APRIL 2014

Source: Google data // devaluation of hryvnia (uah)

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