header logo image

The new age (not that sort) of crystals – Financial Times

January 14th, 2021 11:58 am

Whether or not you feel your chakras could do with some realignment, its unlikely the term crystal healing has passed you by. The hashtag crops up 5.3m times on Instagram, and Google searches for the term have risen 60 per cent over the past decade. The alternative-wellness trend is based on the theory that crystals such as rose quartz or black obsidian favourites of Gwyneth Paltrow and Victoria Beckham rebalance the bodys electromagnetic field.

While demand for diamonds could have dropped by as much as 25 per cent in 2020, the value of crystals such as quartz, amethyst, citrine and malachite is holding steady. Our first standalone mineral sale was in 2014 and we took 800,000, says James Hyslop, Christies head of natural history. Our sale last October did 1.4m. It is very much amarket that is on the up.

But its not the new wave of New Age spirituality thats driving the high end of the market, says Rob Lavinsky, a doctor of molecular genetics and founder of Dallas-based crystal dealership The Arkenstone. Its a new class of collectors. Theyre not scientists, they didnt start collecting as children as rockhounds buying $5 minerals. They are coming in from other collectable worlds coins, cars, antiques, art and have no problem paying 10,000, or $100,000 for quality. The finest minerals on his website typically range from $100,000 to $500,000. The absolute top things, including a few over the $2m mark, are not listed online.

The type of systematic collecting pioneered by18th-century European aristocrats for their Wunderkammern has sort of gone, agrees New York dealer Daniel Trinchillo, founder of Mardani Fine Minerals, adding that todays major mineral players include Salim Edd, whose collection opened Beiruts Mineral Museum (MIM) in 2013, and GuyLalibert, founder of Cirque du Soleil. Theyare looking for works of art amazingly beautiful, sculptural objects, says fellow New York dealer Stuart Wilensky.

We never know what will come out of the ground tomorrow, Wilensky adds. And this has a dynamic effect on collecting. Most popular are the colourful minerals tourmalines and calcites, even amethysts and quartzes. And fluorite in particular. It comes in nearly every colour, from hundreds of locations around the world, explains Wilenskys website, where a 4.5cm-high specimen of lavender-hued cubic fluorite from China is $3,975, and asought-after combination of pink fluorite and smoky quartz from Switzerland is $855,000.

Recently, the field has come under scrutiny for its supply chains, sustainability and wage thresholds. Our business is not regulated, says Wilensky. But the focus seems to be inspiring systemic change. London seller Shes Lost Control has a Sustainable Mining Initiative with a Brazilian mine. Lavinsky says he consciously drives a price spiral in source countries. And Ian Bruce of Crystal Classics, a leading UK dealer, now operates Europes only specimen mine, in the north of England. We employ 14 full-time miners, he says. The market is now so strong that its commercially viable and were seeing the same thing in the US, South America, Asia, Australia.

As well as new finds, the market incorporates antique specimens where provenance comes into play. Illustrious former owners run from prolific 19th-century collector Stephan von Habsburg-Lothringen whose specimen labels, printed by the Budapest mint, are highly prized to Yves Saint Laurent, whose rock crystals, pyrite clusters and amethyst geodes were auctioned by Christies in 2009.

The auction houses including Sothebys and Heritage Auctions in Dallas are relative newcomers to the realm. As such, We havent seen good specimens hit the auction world yet, posits Bruce. His Somerset showroom is a destination for CEOs and international celebrities, who might leave with an aquamarine from Pakistan ($100,000) or an African druzy chrysocolla ($90,000). One of Bruces most serious customers has 130 treasures, housed in a custom-made glass-fronted cabinet. I go for aesthetics. I love the sheer magic of how theyve formed in some cases a billion or more years ago and the sense of permanence. Pointing to his collection, he says, Thats one of the rarest forms of beryl, from Utah.

The London home of spatial designer Robert Storey shows a more relaxed side of the collector coin. I have a bunch of crystals around my house, he says of the pieces bought on his travels and grouped casually on tabletops. I dont know much about their metaphysical qualities, I just love the way they look. My favourite is azurite-malachite. Its green and blue I like to think of it as land and water.

To capitalise on the growing market for less-rare specimens, and those with a happenstance approach to collecting, Lavinsky runs MineralAuctions.com, where bids start at $10: At $500 to $5,000, you can build a really fun collection. More fun still, for some collectors at least, is to turn sourcing crystals into an experience. In the US, you can do the mining yourself pay-to-dig mines are undergoing a resurgence, as modern-day gem hunters seek their fortunes. Or just a nice chunk of quartz and a bit of a fossick.

MIM Museum, Beirut mim.museum. Natural History Museum, London nhm.ac.uk

The Mineralogical Record Bi-monthly magazine; mineralogicalrecord.com

The Arkenstone irocks.com. Christies christies.com. Crystal Classics crystalclassics.co.uk. Mardani Fine Minerals mardanifineminerals.com. Shes Lost Control sheslostcontrol.co.uk. Tucson Gem & Mineral Show tgms.org; next show, February 2022. Wilensky wilenskyminerals.com

View original post here:
The new age (not that sort) of crystals - Financial Times

Related Post

Comments are closed.


2024 © StemCell Therapy is proudly powered by WordPress
Entries (RSS) Comments (RSS) | Violinesth by Patrick