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Hottest Bling Gets Cold Shoulder

This daffodil ring, valued at $60,000 and created by Stafford upon Avon jewellers George Pragnell for an auction to benefit the Marie Curie Cancer Care foundation failed to sell in October.

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Hottest Bling Gets Cold Shoulder
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First Published: Nov 10, 2008 4:52 PM EDT

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Hottest Bling Gets Cold Shoulder

The credit crunch now has a strangle-hold on the high-end jewelry market. Collectors who dropped hundreds of million of dollars on shiny rocks a few years ago are thinking twice about their next purchase.

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