Friday, November 10, 2023

Music Friday: For Ray Stevens, It All Started With a Song About a ‘Silver Bracelet’

Welcome to Music Friday when we often bring you throwback hits with jewelry, gemstones or precious metals in the title or lyrics. Today, we flip back the calendar to 1957 and find an 18-year-old Ray Stevens signing a big-time record deal.

What got the label's attention was a tune called “Silver Bracelet,” which is a fascinating look at love from the point of view of a young man growing up in the 1950s. Stevens tells the story of a simple, engraved bracelet that symbolizes his devotion to his new girlfriend.

He sings, “A silver bracelet / My silver bracelet / This simple token I do give / A silver bracelet / My silver bracelet / To show my love will ever live.”

He goes on to describe how he had his girlfriend’s name engraved on the front and his on the back: “Turn it over there is mine / Forever let it shine.”

Stevens detailed the origin of “Silver Bracelet” on his official website. His family had moved to Atlanta in 1956, and while still in high school, Stevens (then Ray Ragsdale) got his first big break when he met radio personality and Georgia Tech football broadcaster, Bill Lowery.

“He was looking for talent to write songs,” Stevens remembered. “I went out to his house and I said, ‘My name is Ray Ragsdale and I’m going to learn to write songs for you.’ He said, ‘Okay lad, go to it.’”

Stevens continued, “I borrowed a little tape recorder from a friend. I got the key to the lunch room, which also served as the assembly hall, from the principal. The room had a very high ceiling and a piano on a little stage. I went there one Sunday by myself and made a demo of a song that I and a friend had written called, ‘Silver Bracelet.’ I took it to Bill and he liked it. He called Ken Nelson at Capitol Records, who was coming to Nashville a lot during those days to produce records. Ken liked the song and signed me to a contract with [Capitol Records’ subsidiary] Prep Records.”

The success of “Silver Bracelet” helped launch a stellar career that has seen the artist release more than 45 studio albums and 93 singles. His two most popular tunes were “The Streak” (1974), a novelty song about streaking, and “Everything Is Beautiful,” which earned Stevens a 1970 Grammy for Male Vocalist of the Year.

Born in Clarksdale, GA, in 1939, Stevens started piano lessons at the age of six. His mom insisted he practice at least an hour each day. At 15, he sang and played piano in a band, the Barons, and the group performed all over the area for the American Legion, the Elks and private parties. His big break came after his family moved to Atlanta.

In 2018, Stevens opened a dinner theater in Nashville called the CabaRay, and the very next year he was inducted to the Country Music Hall of Fame. He is still actively performing at the age of 84.

Please check out this rare audio track of “Silver Bracelet.” The lyrics are below if you’d like to sing along…

“Silver Bracelet”
Written and performed by Ray Stevens.

A silver bracelet
My silver bracelet
This simple token I do give
A silver bracelet
My silver bracelet
To show my love will ever live

I had your name engraved on the front
In letters of my heart’s design
Turn it over there is mine
Forever let it shine

Wear my bracelet, please wear my bracelet
Wear it proudly on your arm
So everyone can see
Your heart belongs to me

Whoa, don’t ever lose my silver bracelet
My silver bracelet
This simple token I do give
A silver bracelet
My silver bracelet
To show my love will ever live

Cherish this token
Though small it may be
May it always remind you of me
Let no other take my place
Let none my name erase

This tiny trinket is such a small part
Of the love I hold in my heart
Won’t you say you love me too
No one else will ever do
Whoa, don’t ever lose my bracelet
Silver bracelet

Credit: Screen capture via YouTube.com.

Wednesday, November 08, 2023

'Bleu Royal' Diamond Lives Up to Pre-Auction Fanfare, Delivers $43.8 Million

The 17.6-carat "Bleu Royal" lived up to its pre-auction fanfare at Christie's Geneva on Tuesday as the largest internally flawless fancy vivid blue diamond ever put up for auction sold for $43.8 million after a tense, six-minute bidding war.

Two phone bidders battled back and forth in a dramatic exchange that included 21 individual offers. The bidding started at 19 million Swiss francs (about $21.1 million) and creeped forward in increments of 1 million, 500,000 and 250,000 Swiss francs.

Taking in the action in real time via streaming video, viewers around the world witnessed Christie's international head of jewelry and auctioneer Rahul Kadakia finally put the hammer down at 34 million CHF ($37.8 million). With commissions and fees included, the final price was 37.7 million Swiss francs, or $2.49 million per carat. The winning bidder remains anonymous, for now.

The realized price of $43.8 million was solidly in the range of the Bleu Royal's pre-sale estimate of $35 million to $50 million. Its strong showing elevated the diamond into the upper tier of blue diamonds that have been sold at auction. Among them are the 14.62-carat “Oppenheimer Blue” (Christie’s 2016, $57.5 million), the 15.10-carat “De Beers Blue” (Sotheby’s 2022, $57.47 million) and the 12.03-carat “Blue Moon of Josephine” (Sotheby’s 2015, $48.5 million).

Set in a platinum and 18-karat rose gold ring, the perfectly symmetrical pear-shaped Bleu Royal is flanked by a pair of pear brilliant-cut diamonds weighing 3.12 and 3.07 carats, respectively. The piece had been tucked away in a private collection for the past 50 years.

“This is a true miracle of nature,” commented Kadakia prior to the auction. “Over our 257-year history, Christie’s has had the privilege of offering the world’s rarest gems at auction, and Bleu Royal continues this tradition. We are proud to offer collectors the opportunity to own a diamond fit for royalty.”

Blue diamonds are considered one of the rarest colors of all diamonds. A fabulous fluke of nature, a blue diamond owes its color to the random presence of boron within the diamond’s carbon structure. The Bleu Royal is categorized as a Type IIb diamond, a quality level that includes less than 0.5% of all diamonds.

Scientists believe that blue diamonds form about 400 miles below the surface, four times deeper than about 99 percent of all other diamonds.

Credits: Images courtesy of Christie’s.

Monday, November 06, 2023

292-Ounce 'Golden Aussie' Nugget May Fetch $1 Million at Christie's Auction

A 292.46-ounce gold nugget originally discovered in 1980 by Jack Bray at the Feysville mine in Western Australia is expected to fetch upwards of $1 million when it headlines "Jewels Online: The Geneva Edit," a Christie's online auction.

Described as a large amorphous form with bright yellow patina, the "Golden Aussie" is one of the most impressive examples of Australian gold ever found, according to Christie's Lot Essay. Bray's 1980 find was so monumental, the Perth Mint feted the Golden Aussie in its 1987 series of commemorative gold nuggets coins. Bray reportedly sold his "monster" for $250,000 in an undisclosed year.

The impressive nugget measures 26.2 cm x 18.1 cm x 7.4 cm (10.31 in x 7.13 in x 2.91 in) and weighs 8,291 gm (8.28 lb). With the spot gold price standing at about $1,988 per ounce, the intrinsic gold value of the Golden Aussie is $581,410. Christie's pre-auction estimate of 700,000 to 1 million Swiss francs ($779,770 to $1.11 million) reflects the specimen's extreme rarity and provenance.

First established in 1896, the Feysville mine is located in Australia’s premier gold belt. According to Christie's Lot Essay, the mine is known for producing exceptionally high grade gold.

While the Golden Aussie, by most standards, is enormous, it pales in size to the largest nugget ever found. That distinction goes to the "Welcome Stranger," which was found at Moliagul, Victoria, Australia, in 1869 by John Deason and Richard Oates. It had a gross weight of more than 2,520 troy ounces (173 lb).

The prospectors found the massive nugget just 3 cm (1.2 in) below the surface, near the base of a tree. Legend states that the Welcome Stranger was so large that it had to be broken into three pieces on an anvil before it could fit on a bank scale. Based on today’s gold price, the nugget's precious metal value would be worth $5 million.

The Golden Aussie is the largest of 11 gold nuggets set to hit the auction block during The Geneva Edit. The online auction began on November 3 and is scheduled to run through November 16.

Credit: Image courtesy of Christie's.