Editor’s Note
This article explores the growing prominence of semi-precious stones in luxury jewelry, highlighting their vibrant colors and accessibility. It also questions their viability as a traditional financial investment, prompting a closer look at value beyond mere aesthetics.

More affordable in price and offering a much wider palette of colors than the four precious stones traditionally used, semi-precious stones are increasingly taking up space in the collections of major brands. But can we really talk about investment?
It was in the gardens of Dumfries House, in Scotland, that Van Cleef & Arpels invited a handful of journalists in early July to unveil its two new collections, Fleurs d’Hawaï and Flower Lace. A patron of the rose garden, owned by the King’s Foundation, the jeweler chose this botanical setting to echo its new creations, which revolve around the floral motif, dear to the house.