Jewelers and gem dealers are gearing up for a wild weekend as the price of precious stones rises again, with one item on sale in Boca.
The jewelry box is part of a collection that will go on sale Monday in Bocas jewelry store at 7 a.m. and include jewelry from diamonds to emeralds.
A $10,000 diamond ring will go for $12,000, a $15,000 ruby will go from $20,000 to $25,000 and a $40,000 sapphire will go up from $50,000 up to $75,000.
A new collection of $60,000 sterling silver jewelry will go in the $40 million range.
A gold ring with the inscription “Papa John” will go $15 million, while a diamond ring with a diamond design with the words “Made in Mexico” will sell for $30 million.
For more on the jewelry craze, click here to visit the official Boca Shark Week blog.