Announcement

Collapse
No announcement yet.

Quite the gem dandy

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Quite the gem dandy

    Los Angeles Times
    Jan 5 2010


    Quite the gem dandy

    Once overlooked, now breathtaking in its beauty, a 733-carat sapphire
    has a history worthy of its weight.

    By Victoria Kim
    January 5, 2010


    The boy brought home a dull-colored half-pound stone he found on the
    hillside, and his father, Harry Spencer, thought of the perfect place
    for it. They would use it as a doorstop.

    The year was 1938, and their home was a modest shack in a sparsely
    populated, dusty stretch of gem-mining territory in central
    Queensland, Australia. The stone sat at the backdoor for 10 years,
    until a jeweler recognized its potential and brought it across the
    Pacific. In Los Angeles, it was polished to reveal a six-pronged,
    mesmerizingly beautiful star -- or so goes the story that is passed
    down about the largest-known star sapphire in the world.

    The Black Star of Queensland would make its way around the world,
    weaving in and out of spotlight and obscurity, with stops in the
    Smithsonian in the '60s, on Cher's neck in the '70s, and at the Royal
    Ontario Museum in Toronto in 2007. It would capture the fantasy of a
    young boy, who would dream of one day owning it. It would be mounted
    on white gold and 35 diamonds added around its rim.

    Some profess the stone has a certain magic, bringing luck to the
    fortunate few who have touched it. One owner said it brought on the
    darkest period of her life, leaving memories she never wanted to
    revisit.

    Eventually, as many prized things do, it landed in L.A. County
    Superior Court, at the center of allegations of deception, unkept
    promises and a lover's betrayal.

    Harry Kazanjian learned to polish stones because of an eye infection.
    About 1908, his family fled from Turkey to France to escape the
    persecutions that preceded the Armenian genocide. When they tried to
    board a ship bound for the United States, guards wouldn't let young
    Harry on because of his eye. As his family sailed across the Atlantic,
    Harry stayed behind in Paris and apprenticed for his stonecutter
    uncle.

    Kazanjian discovered he had a knack for envisioning a gemstone in the
    rough, the way sculptors see a finished work in a slab of marble. When
    he reunited with his family, he persuaded his brother James to go into
    the gem business with him.

    The brothers traveled the world buying rare and valuable stones. The
    Spencer family had sold them many blue and yellow sapphires. One day
    in 1947, Harry Kazanjian saw a pile of black stones at the Spencers'
    home that they had thought worthless. He asked to inspect them,
    thinking they might be star sapphires. Spencer told his son to go get
    the doorstop.

    In the fist-sized stone, Kazanjian spotted a copper-colored glimmer, a
    hint of the impurity that sometimes grows along a sapphire's crystals
    to create the star, an optical effect known as an asterism. He bought
    it, reportedly for $18,000, and brought it to the shop he ran with his
    brother in downtown L.A.

    Amid the whirring of grinding wheels and hissing of polishing
    machines, Kazanjian studied the stone for weeks before cutting into
    it. Over months, he worked, bent over a copper wheel impregnated with
    diamond dust, gently carving away to create a dome.

    "I could have ruined it a hundred times during the cutting," Kazanjian
    told a Times reporter at the time.

    In 1948, the Black Star of Queensland debuted in New York. Actress
    Linda Darnell cradled the egg-sized stone in her fingers and held it
    up for the cameras. At 733 carats, it was far larger than the Star of
    India, a 563-carat blue star sapphire previously known to be the
    largest.

    It was valued at $300,000, but the Kazanjians "declared emphatically"
    that it wasn't for sale.

    Michael Kazanjian, Harry's nephew, spent his summers and weekends as a
    child at the shop, trying to emulate his uncle's craft on
    less-valuable gems. He had watched in awe as his uncle polished the
    Black Star.

    To him, the stone was like a member of the family. He would
    occasionally visit it at the family vault and talk to it, and it would
    talk back, he said.

    "The stone had a lovely personality," said Michael, who took over the
    family business in the 1970s. "Very dramatic, very powerful."

    One day, in 1971, he saw an opportunity to show it off when a
    Hollywood manager called him with an odd request: "Can you put a few
    million dollars of jewelry on Cher?" By then, Sonny and Cher had seen
    their fame ebb. After a failed film venture and lackluster album
    sales, they were taking a stab at something new: a television variety
    show. In the premiere, they planned a sketch where Cher would be
    decked out in valuable gems, and security guards would keep Sonny away
    as he sang "Close to You."

    Cher's first stop had been Tiffany's. But when the show's producers
    learned insurance would cost $8,000, they looked for another option.

    Instead of insurance, Michael hired half a dozen police officers to
    escort him and the Black Star to the studio. The stone was tied on by
    hand with a flimsy wire to a necklace with about 100 carats of
    diamonds.

    A few hours into the taping, he panicked. Cher was dancing. Michael
    jumped up on stage and stopped the take, fearing the stone would drop
    and shatter.

    After its brief television fame, the stone sat out of public view for
    the most part, making only occasional appearances at private charity
    functions. It has never been worn since.

    Jack Armstrong says he was a 5-year-old living in Blair, Neb., when he
    first laid eyes on the Black Star. That summer, his father, an
    auditor, took him on a trip to Washington, where the Kazanjians had
    lent the stone to the Smithsonian for a display with the Hope Diamond.
    Armstrong said he breezed past the diamond but became fixated on the
    sapphire.

    "It took my breath away," he said. "It's like you see your future in
    front of your eyes."

    In 2002, he was introduced to the Kazanjians and was invited to see
    their collection. When he saw the Black Star, he couldn't believe he
    was looking at the stone from his childhood and immediately wanted to
    buy it.

    Armstrong, a former model now in his 50s with no shortage of
    flamboyance, says he is an artist and a dealer of art and antiques.
    Attorneys have described him in court papers as a man with no
    discernible source of income who lived off a wealthy older girlfriend,
    a divorcee living in Switzerland.

    "I've never met a personality like him," said Doug Kazanjian,
    Michael's son, who met with Armstrong about the sale. "He had this
    overwhelming passion to buy it."

    After the sapphire had been in the family for more than 50 years, the
    Kazanjians decided to sell it to fund a scholarship at the Gemological
    Institute of America.

    Armstrong arranged to buy the stone with his girlfriend. He was so in
    love with it, he said, that he slept with it under his pillow and
    drove around with it in his jacket.

    But love or no love, he was quick to slap on a price tag and offer it
    for sale. A month after he bought it for an undisclosed amount, he
    issued a press release saying the sapphire was available -- for $50
    million.

    "The sale of the Black Star sapphire is a huge event in the gem stone
    market," Armstrong said in the press release in December 2002. "To
    have a stone like this come on the market is tantamount to having a
    Raphael painting suddenly emerge for sale; it happens maybe once,
    maybe twice in a lifetime."

    Gabrielle Grohe had never heard of the Black Star, and in hindsight,
    she might wish it stayed that way.

    In her 60s and wealthy from an earlier marriage to an industrialist,
    she was introduced to Armstrong in 2002.

    Her version of the tale, as told in court papers by her attorney, is
    filled with scathing accusations against Armstrong, her onetime lover.
    (Armstrong, whose attorneys never responded to the allegations,
    declined to discuss the court case.)

    Within days of their meeting, Armstrong told her about the stone and
    pressured her to buy it. She paid the bill, and he promised to pay
    part of it, Grohe contended.

    The next year, Armstrong moved to Switzerland to live with Grohe.
    Armstrong said in an interview that he went to Europe to pursue his
    art; Grohe contended he refused to get a job and relied on her for his
    extravagant living expenses.

    Soon, their relationship soured. He drank heavily, became physically
    abusive and got angry when she brought up his promise to pay for the
    stone, she alleged. In September 2007, Grohe called the police, bought
    him a plane ticket back to the U.S. and kicked him out.

    That marked the beginning of an international tussle for control of the stone.

    The next month, Grohe met with a potential buyer in Canada, where the
    sapphire was on display at the Royal Ontario Museum, with its value
    then estimated at $4.1 million. Armstrong foiled her efforts at a
    sale, "desperate at the thought that his gravy train would end," she
    alleged.

    When the loan to the museum came to an end in 2008, Armstrong, who was
    listed as a co-owner in the museum's records, went behind Grohe's back
    and asked that it be shipped to him in Los Angeles, in care of the
    Harry Winston jewelry shop in Beverly Hills, according to court
    documents.

    A few weeks later, Armstrong showed up at the shop with a woman he
    said was a buyer and asked for the stone. The salon director, Goli
    Parstabar, had learned of the dispute and refused.

    Furious, Armstrong returned with police officers, but was rebuffed.
    Then he had an attorney send a demand letter. When that didn't work,
    he sued Harry Winston for $25 million and issued press releases saying
    his stone was being held hostage.

    "I was born in Kansas," Armstrong told the New York Post, which ran a
    story with the headline "HEAVYWEIGHT GEM $CUFFLE." "If something like
    this happened in Wichita, someone would have gone to jail!"

    In court, the allegations escalated. Armstrong alleged that Parstabar
    had cost him a lucrative deal and ruined his reputation by refusing to
    show the stone to his client. Grohe accused Armstrong of fraud and
    unlawfully trying to take control of the stone, for which she
    contended he never paid a dime.

    Doug Kazanjian wears his grandfather's ring with a stone just like the
    Black Star -- only 700 carats smaller.

    "It's almost as if you're looking into space," he said of the stone.
    "It's like having the universe on your finger."

    Last year, he was asked by an attorney in the case to identify his
    family heirloom.

    He was ushered into a private room at a Beverly Hills bank, where
    attorneys, Parstabar, and Armstrong huddled around him. Before him was
    a tightly wrapped cardboard shipping box that had sat untouched since
    it arrived from Toronto. All eyes focused on him opening the box.

    He sifted through bubble wrap and tissue paper until he found the
    velvet case holding the stone.

    "It was like getting to see an old friend," he recalled.

    He inspected the diamonds, and the mounting. He scanned the graining
    at the top of the stone. He shined a flashlight to create the six
    point star.

    This is the Black Star of Queensland, he wrote on a piece of paper,
    and signed it.

    The legal dispute quietly settled out of court in a confidential
    agreement. According to a court document, Armstrong agreed to pay
    $500,000 within three months to buy out Grohe.

    At 5 p.m., on the last day that he could claim ownership, a personal
    check from Armstrong arrived at Grohe's attorney's office. The check
    bounced.

    A few months later, a judge entered a final ruling: the stone was all hers.

    The Black Star of Queensland once again sits in obscurity, with its
    owner in Switzerland. Grohe wants to put that period of her life
    behind her and would rather not talk about it, her attorney said. She
    hasn't decided what to do with the stone.

    Armstrong, meanwhile, says it's enough for him that he once held the
    sapphire he fantasized about as a child. Though he lost the court
    battle, the gem brought him good fortune in his work and life, he
    said.

    He wants to make a film about the stone, he says, for "every little
    kid who dreams." He says he is on the brink of a deal with a studio.
    He imagines it will be a tale of a princess trapped in an enchanted
    stone, and a boy who finds it by chance.

    "It's a magical story," he said. "It should be told."

    http://www.latimes.com/news/local/la- me-blacksapphire5-2010jan05,0,2079029,full.story
Working...
X