What it's Worth

By Jennifer Heebner, Senior Editor
This story appears in the December 2012 issue of JCK magazine

As the price per ounce approaches $2,000, what type of gold jewelry should retailers invest in? JCK asks those who’ve weathered past sales seasons for tips on breaking free from the constraints of cost.

Spring is in full effect, and with it comes many reasons to celebrate. Mother's Day, Father's Day and Graduations are just a few of the reasons we look forward to this time of year. Here at Old Northeast Jewelers we are proud to announce our new partnership with Omega timepieces. Omega has a long and rich history as one of America's favorite timepieces. From the first timepiece worn on the moon, the Speedmaster, to James Bond's most precise tool, the Seamaster, Omega has provided incredibly reliable timepieces to some of our favorite heroes.

Seiko was founded in 1881. In 1895 Seiko started to produce pocket-watches, in 1899 the production of alarm clocks started and finally in 1913 the production of wristwatches.

To celebrate the first centenary of Seiko´s wristwatches Seiko presented the Ananta ‘100th Anniversary’ Chronograph

What started as a love of vintage watches and the history that propels them turned into a mission of sorts for Jeffrey Hess, North American distributor of Ball Watches and Mühle-Glashütte, CEO of Hess Fine Art and Old Northeast Jewelers, and avid collector.

Jade valuation is determined by many factors — some technical, some aesthetic, some scientific and some historical. Jade has been used for millennia as adornment as well as for utilitarian purposes, such as cups, saucers and buckles. Many ancient pieces of jade were repurposed in the 1880s and 1890s as jewelry. It comes in many forms, including jadeite — the finest form — and nephrite. Jadeite typically retains its value, especially in signed pieces by Gump’s, Tiffany and Cartier, as well as ancient, Asian carved larger pieces.

It was meant to be a “debate “over whether the Apple Watch would impact the Swiss watch industry, but even the futurist on a Watch Collectors’ Roundtable panel assembled at the Aaron Faber Gallery in New York confessed to being a Rolex man.

Instead of writing about what something is worth today, we are going to take this opportunity to invite you to meet us in person at the Tampa Bay Times Women’s Expo. The expo will not only feature make-and-takes, cooking demos, spa services, and seminars on a wide range of women’s interests (not the least of which include jewelry and fine art) – but an opportunity to meet Katrina and me. Taking place on Saturday, April Presented by 20, at The Coliseum in downtown St. Pete, we are the major sponsor of the event. Plus, admission is free!

Most people realize that old Rolex sports watches like Submariners, Daytonas, GMTs and Explorers go for fabulous money even in stainless steel. This week we are showing a couple of unusual Rolexes that you rarely see and that are highly collectible. The one on the left is an example of one of the few limited editions Rolex has ever made — the King Midas. It weighs an amazing 191 grams. Because these watches weren’t popular at the time and are usually beat up, we rarely pay over the gold value, which is approximately $5,300.

The Edwardian Era was a much-celebrated period when artisans were creating amazing jewelry that bridged the gap between the Victorian, Art Nouveau and Art Deco movements. Pieces were often characterized by bi-metal with gold in back and platinum in front, very white, and older-cut diamonds and gemstones typically facing up, very white.

Rolex Submariners have been the mainstay of the watch collections of men of means since the 1970s. First launched in the 1950s, the Rolex Submariner took a few years to catch on — but by the ’80s the Submariner was Rolex’s most popular and enduring design. Millions were manufactured, and this watch has remained the single most popular watch.