Barbara Taylor Bradford - Power of a Woman

“Thank you for letting me know you’re not going to participate. I expect the bidding to go sky high. Don’t you agree?”

“Yes, I do. The stone has not been on the market since the fifties, and so obviously there is a great deal of interest in it. That is the reason I telephoned you, Stephanie, ma petite, to inform you we shall not be bidding against each other, competing. But it will be my great honor to escort you to the auction, if you will permit me to do so.”

“I’d love it, André, thank you.”

“And after the auction we shall dine together, and it will be a grand celebration.”

She laughed a soft, light laugh. “We’ll be celebrating only if I get the White Empress, my dear old friend.”

“There is no doubt in my mind that you will, Stephanie.”

ALTHOUGH SHE KNEW EVERYTHING THERE WAS TO know about her favorite diamond, Stevie could not resist taking the Sotheby’s catalogue out of her briefcase after she had said good-bye to André Birron and hung up.

Flipping open the catalogue, she quickly found the page where the White Empress was featured, and gazed for a moment or two at the photograph of the gem. The picture was excellent, but even so it did not do justice to the magnificent stone.

The White Empress. Stevie repeated the name to herself. It certainly deserved to be called that. It was so named because it was graded D-flawless and was therefore perfect. And as such it was colorless—pure white, brilliantly, blindingly white—hence the first portion of its name. Because it was extremely rare and very beautiful, and also categorized as a grand stone, the title of Empress had been chosen to complete its name.

Automatically, Stevie’s eyes shifted to the left-hand page of the catalogue, and she scanned the text. Yet again she was reminded that the White Empress had started out as a 427-carat diamond of exceptionally fine color, and that it had been found in 1954 at the Premier Mines in South Africa.

This piece of rough was subsequently sold in 1956 to Harry Winston, the renowned American jeweler, as part of an eight-million-four-hundred-thousand-dollar parcel.

The largest stone Winston cut from this piece was a 128.25-carat D-flawless pear-shaped diamond, and it was this stone that retained the original name of White Empress. Harry Winston had the stone set as a pendant on an exquisite diamond necklace, designed specially, and then he had sold it that same year to a European industrialist.

Now, after forty years in the hands of one family, it was finally back on the market. Sotheby’s would put it on the auction block at their auction rooms on York Avenue in New York at the beginning of December.

Stevie’s eyes lingered on the photograph for a short while longer before she finally closed the catalogue and returned it to her briefcase. Her thoughts settled on André. Though he was not bidding on the stone, there were many others who would be bidding, and automatically the price would be driven up, as it usually was at these big auctions for important items.

It could skyrocket, she thought, sitting back in the chair, frowning. No, it would skyrocket. There was no doubt in her mind about that; she made the decision to stay in the bidding no matter what, since she was determined to acquire the stone whatever it cost.

Seven-figure numbers jumped around in her head. Six million dollars, seven million dollars…no, too low. Eight million, she speculated, her eyes narrowed in concentration. Still too low, she decided. Suddenly she was convinced the stone would be sold in the eight-figure category. Ten million, she said under her breath. Could it go as high as that?

At this moment Stevie knew that if she had to, she would pay that amount for the stone. She craved it, not for herself, of course, but for Jardine’s in New York, which she had founded.

Once she owned the stone, she would hold on to it for a year or two, displaying it at exhibitions, making it the centerpiece of the store’s permanent collection. She had no intention of cleaving it—cutting it—into several stones, or disposing of it immediately. It was quite obvious to her that the White Empress was a great investment, and in a variety of ways, not the least of which was the publicity the diamond would engender for Jardine’s.

Certainly it would never decrease in value; it could only increase, in fact; and she knew she would have no problem selling it whenever she wished to do so. There were many rich men and women in the world who coveted the grand stones, some of whom were already her clients, and there would always be buyers for this most spectacular of diamonds. After all, in the business it was now considered to be a historic stone.

Owning the White Empress would be the crowning glory of Jardine’s. This thought pleased her. She had started the American company eight years earlier, and although she had done so with Bruce Jardine’s consent, his accord had been grudgingly given. Even today he barely acknowledged its existence.

The store on Fifth Avenue was an enormous success and had been from the very first day it opened. And so Stevie always felt justified in pushing for it, vindicated, in a sense, because the annual earnings were enormous, the profits burgeoning on a yearly basis.

When she had told her father-in-law that she wanted to take Jardine’s, the Crown Jewellers of London, to New York’s Fifth Avenue, he had blanched, gaping at her in astonishment. Naturally, he had balked at the idea. Right from the beginning he had predicted nothing but failure. She had had to use a great deal of charm and persuasiveness to get him finally to agree.

Stevie had realized immediately that he fought the idea of her moving to New York because he wanted to keep her by his side at the London store. Later, he had admitted that this was indeed the case. Put simply, he could no longer do without her. As he grew older, he was becoming more and more dependent on her at work.

When he had stopped ranting at her and calmed down, Stevie had pointed out that he had a grandson who was almost twenty-two, and very capable of taking her place at his side. A young man who couldn’t wait to step into her shoes, in point of fact.

“Under your supervision, Nigel will do a fine job,” she had reassured her father-in-law. Bruce knew as well as she that this was the truth, but he would not admit it, and once more he scotched the idea of opening a store in New York. Stevie had bided her time, worked on him in a gentle but persistent manner, and never lost a chance to point out to him how profitable the American branch could be.

“But I’ll miss you, Stephanie,” Bruce had murmured one afternoon, weeks after she had first presented her plans for Jardine’s of New York. Those few muttered words had told her that however reluctant he was to do it, he was, nonetheless, going to give her his support. This he did, although he never ceased to remind her that it was against his better judgment.

That had happened in 1987; one year later, in 1988, the Fifth Avenue store had opened its doors. And for the first time in more than twenty years she had found herself living in the city where she had been born. She had moved to London at the age of fourteen, after her mother had married Derek Rayner. Even though she had visited New York, it was a foreign city to her. Within the short space of a few weeks, Manhattan was under her skin, and she felt comfortable, at home.