Imelda Marcos’ jewelry will go to auction! It is a
thought that has intrigued high-end jewelry collectors and dealers for
The jewelry that is the subject of much speculation is
"high jewelry", that is to say... world class. The designs,
quality of materials, and workmanship represent the best efforts of
numerous prestigious jewelry houses, including Bulgari, Buccellati, and
Van Cleef & Arpels.
Imelda Marcos’ jewelry will go to auction to benefit the Filipino
people. At least part of it will. When the people rose up against the Marcos
dictatorship in 1986, the family fled to Hawaii, taking a portion of Imelda's
huge jewelry collection with them.
Upon arrival, the United States Customs Bureau seized the jewelry. That
jewelry, now known as the Hawaii Collection, was subsequently turned over to the
legitimate, new government of the Philippines,
Another portion of her massive jewelry hoard was seized at the Manila airport
as a Marcos loyalist attempted to smuggle that jewelry out of the country. A
third portion of Imelda's jewelry was recovered in the Presidential Palace,
It is the Hawaii Collection that has been cleared to go to auction.
For those not familiar with Imelda, she is the widow of former Philippine
President / Dictator Ferdinand Marcos. She reigned with her
husband for more than twenty years. During those years she became world
famous for her excesses in collecting shoes, artworks, and expensive
In 1991Imelda was allowed to return to the Philippines from exile. She
quickly became active in politics. She ran for president in 1992. She lost
In 1995 she won election as a congresswoman representing the First
District of Leyte Province. She has served several terms in Congress.
Imelda Marcos was born Imelda Remedios Visitación Romuáldez
on July 2, 1929 in Manila, the capitol city of the Philippines. Her
family was somewhat prominent. At age 21 she worked in a sheet music store
in Manila as a singer.
Imelda was a beautiful young lady who dated young men from prominent
families... including at least two future leaders, Benigno Aquino, Jr. and
In 1954 she married Congressman Ferdinand Marcos. Ferdinand would go on
to be elected president in 1965. He declared Philippines martial law in 1972,
effectively becoming dictator.
During her "service" as First Lady of the Philippines, Imelda
had gained a reputation as a person of strong will and demanding attitude,
as well as a voracious collector of personal luxury goods. As the wife of
the dictator she held several official titles and oversaw functions that
allowed her to acquire even more personal luxury goods.
At the time Ferdinand and Imelda fled the country in 1986, she reportedly
"left behind 15 mink coats, 508 gowns, 1,000 handbags, 1700 pairs of
shoes and several thousand pieces of jewelry
Benigno Aquino, Jr. had gone on to establish a political party opposed to
President Marcos rule. When martial law was decreed, Aquino was arrested and
imprisoned. In 1980 Aquino suffered a heart attack, and was then allowed to
travel to the United States for treatment.
He stayed in the U.S.A. until 1983. He reasoned that things had changed
in the Philippines. Martial law had been lifted, Marcos was ill but still
president, and Imelda was effectively running the country in her husband's
Aquino returned to the Philippines on August 21, 1983. He was assassinated
that day at the Manila airport.
Imelda Marcos’ jewelry will go to auction, according to a
statement by the Presidential Commission on Good Government (PCGG) chairman
The Presidential Commission on Good Government has been established by the
Government of the Philippines to recover "ill-gotten wealth"
accumulated by the family during the Marcos dictatorship.
jewels worth more than a billion pesos
February 15, 2016
Following the weeklong appraisal in November 2015 of the massive
ill-gotten jewelry collection seized from the Marcoses and stored in a
vault at the Bangko Sentral ng Pilipinas (BSP) for almost three decades,
the Presidential Commission on Good Government (PCGG) announced that the
value of all three collections now amounts to a conservative estimate of
at least P1 billion.
This is based on the reports submitted by Christie’s and Sotheby’s,
which show that the total estimated value of the thousands of pieces has
significantly increased, some items increasing in value ten folds from
previous appraisals. Further gemological testing on significant items is
necessary for a more accurate estimate.
The Marcos Jewelry Collection is composed of three collections. The
Malacañang collection was abandoned when the Marcoses fled the Palace
and is presently under the custody of the Office of the President; the
Hawaii collection on the other hand, was seized by the US Bureau of
Customs upon the Marcoses’ arrival in Hawaii in 1986, under the PCGG’s
custody; and the Roumeliotes collection, significant pieces that
Demetriou Roumeliotes, who is believed to have links to former first
lady Imelda Marcos, attempted to smuggle out of the country right after
the former President Ferdinand E. Marcos’ ouster, which was
confiscated by the Bureau of Customs (BOC) at what used to be Manila
The collection includes diamonds studded tiaras, necklaces, brooches,
earrings, belts, and other gems as well as women’s and men’s
wristwatches such as Patek Philippe, Rolex, and Cartier. Some pieces
were from renowned international jewelry makers such as Bulgari, Van
Cleef and Arpels, and Bucellatti. Among the most notable pieces is the
25-carat pink diamond, considered to be an exceedingly rare jewel.
Just this week, the Privatization Council, chaired by the Department
of Finance (DOF) has approved the proposed sale of the PCGG’s Hawaii
collection in the international market.
“As the PCGG commemorates its 30th anniversary, the Commission
remains unwavering in accomplishing its mandate of recovering all
ill-gotten wealth of the Marcoses and returning the same to its real
owners. We hope that the Filipino people will finally benefit from the
proceeds of the collection. The jewelry confiscated from the Marcoses
remain a singular manifestation of the misguided priorities of the
Marcos presidency during his reign,” said PCGG Chairman Richard T.
Recognizing the historical significance of these jewels to the
nation, the PCGG plans to exhibit part of the jewelry collection prior
to its international auction.
“It has been long desired by the PCGG to put the jewelry collection
on public display to inform the Filipino people of the excesses of the
Marcos dictatorship,” said Chairman Amurao. “The collection is a
critical part of the past. We believe that the exhibit of these
ill-gotten jewels will be a great vehicle to raise awareness, especially
for the younger generation and those who have forgotten, to remind the
Filipino people of the perils of the two-decade regime of corruption
that was under the Marcoses,” he added.
As a matter of transparency and good governance, the PCGG will
continuously confer to update the public as to the exhibition and
auction of the Marcos Jewelry Collection which it will partly undertake
with the BOC which is in custody of the Roumeliotes collection.
Aside from this, the PCGG is set to launch MissingArt.PH, a website
to crowd-source tips on the whereabouts of more than a hundred missing
artworks which the Marcoses purchased during their two-decade reign that
have yet to be recovered. Extremely valuable paintings made by the most
iconic artists such as Van Gogh, Picasso, Monet, Pierre Bonnard, and
Michelangelo are just among the missing artworks.
The Marcoses amassed an art collection that can rival a country’s
Imelda Marcos’ jewelry will go to auction three decades after citizens
revolted against the Marcos regime... a dictatorship marked by brutality,
greed, martial law, and massive borrowing that dramatically increased the
Imelda Marcos’ jewelry will go to auction! Those are sweet words for many
who lived under the dictatorship and martial law. Some of these people fear
that history could be repeated. Half of the current population of The
Philippines were born after the Marcos dictatorship was ended. These younger
citizens cannot understand nor appreciate what it was like to live under
The jewelry to be auctioned (the Hawaii
Collection) have not yet been described in detail. That information will
be released by the auction house chosen to conduct the sale.
Top - Pearl and diamond tiara
Next - A few pieces of the Hawaii
Next - Imelda Marcos, near the end of
her reign as First Lady of the Philippines
Next - Imelda Marcos with just some of
Next - Another "statement"
piece of jewelry from the Hawaii Collection
Next - Inspection and appraisal of the
Next - Another diamond tiara
Next: - Gem special offer - Aquamarine
Next - Industry News - 88th Annual Academy Awards - A Jewelry Showcase
Next - Dealer Product Image - Amethyst
Ring in Sterling Silver
Last - Dealer Program Image - Pink
Spinel and Sterling Silver Earrings
A Google search for links or images using keywords such as
philippines or marcos hawaii collection
can return some very interesting information and websites.
Here is this month's special gem deal.
Color: Santa Maria blue
Dimensions: 10.1 x 6.2 mm
Weight: 1.84 carats
Price: $92, plus shipping
Aquamarine is now wholesaling for more than $100 per carat in
the one carat + range. This particular stone is from a parcel acquired a few
years ago, so I can sell it for $50 per carat and not lose money... and I needed
a gem to offer as my Monthly Special.
We have other shapes, sizes, and
shades of gems available.
We keep gem prices low by buying quality gemstone rough
worldwide, and having the rough material cut by our gem cutters in Asia.
Gem Industry News
The 88th Annual Academy Awards - A Jewelry Showcase
The gathering of movie industry people for their annual awards ceremony is an
event... and not just for celebrities and their fans.
The image above is of actress Tina Fey wearing a sapphire and diamond collar
in white gold by Bulgari. While I am not familiar with her acting work, her
Oscar night jewelry is beautiful and impressive.
Clothing designers and jewelry designers/jewelers routinely loan their most
expensive creations to female celebrities to wear at high profile events. These
designers do it for the purpose of gaining visibility and publicity for their
high-end jewelry pieces.
World class designers and jewelers such as Harry Winston (New York, Jeweler
to the Stars), Bulgari (Italy), Martin Katz (Beverly Hills), Chopard
(Switzerland), Van Cleef & Arpels (France), Tiffany & Co. (New York),
Louis Vuitton (France) and others happily work with celebreties to their mutual
Young, lesser known designers may occasionally get to work with an A List
actress. For an aspiring jewelry designer, having their work make an appearance
on the Red Carpet can represent the good fortune needed to establish them as a
player in the design world.
The Spring season lets you work both sides of your business.
As always, mine your customer list for gift occasions... anniversaries,
birthdays, and more.
You can also be replenishing your inventory. Holiday sales left sucessful
dealers with cash on hand and depleted inventory.
Be the Quality Jewelry Discounter.
Do you enjoy jewelry and gems?
Do you enjoy talking with friends and friends