Ongoing Platinum Strike Continues to Send Precious Metal Price Soaring


Sometimes, buying vintage platinum jewelry can actually save you money. Case in point is Africa’s platinum strike. As noted by Bloomberg, the disagreement between Lonmin Plc and its workers has culminated in a strike that is now headed for its fourth month. When 70,000 mine workers walked off the job at the end of January, there was hope that the Association of Mineworkers and Construction Union would negotiate raise demands quickly.
While mine owners suggest that the wage increases are unreasonable, miners point to inflation and to the fact that they mine the valuable platinum for “peanuts.” The Associated Press has gone on record noting that July platinum prices have increased by $18.20; June prices had already risen by $6 per ounce. While it is unclear whether there is a resolution in the platinum miner strike on the horizon, it is exceedingly clear that jewelers around the world now charge more for their new pieces.
At Peter Suchy Jewelers, you are not affected by the platinum miners’ strike. In fact, buying vintage platinum jewelry now might actually save you some money. In addition, plenty of these pieces are unique. What is there not to love? Here are some of our favorite platinum jewels.

Art Deco Engagement Ring Featuring Diamonds in Platinum

 

This ring is one of the most dramatic examples of a rare antique Asscher cut. Peter Suchy himself made the platinum setting to complement the 4.41cts diamond with the astonishing cut. Its shine is supported by two baguette-cut diamonds weighing .95cts. This is a ring that you have to see to believe. It looks breathtakingly stunning on the finger.

Jadeite Jade Art Deco Dangle Earrings with Diamonds Set in Platinum 

 

The ancient jadeite jade is rumored to have once been used by the old royal family for buttons. Now, these pieces are set in vintage platinum after an Art Deco design. The jadeite jade stones are cabochon cut and weigh 16.50cts and 16.22cts respectively. Two old mine cut diamonds weigh 1.21cts and balance the look of these gorgeous green stones. Another 24 round diamonds weigh .24cts and bring the sparkle to the table.   

Edwardian/Art Deco Blue Sapphire and Diamond Platinum Necklace

 

Suspended from a 16-inch necklace is a wreath-style pendant that showcases a 5.58cts cushion-cut sapphire with a periwinkle hue. To bring out the color of the stone, the artisans used Edwardian early Art Deco design element and touches. Case in point are the 72 round full-cut diamonds that weigh at combined total of 1.25cts and greatly enhance the appeal of the sapphire.
At Peter Suchy Jewelers we are experts in all types of vintage, estate and antique jewelry. We hope you’ll stop by our showroom located at 1137 High Ridge Road in Stamford Connecticut.
Or, hop on over to our top-rated PowerSeller eBay storewhere you’ll find all the vintage platinum jewelry you see here. If you find a listing has ended, please email us at info@petersuchyjewelers.com as we may still have the item in stock.
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