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Stone was recut slightly in 1977 from its original weight of 42.47 carats (8.494 g 0.2996 oz) before it was sold again as a ring. Purchased by Winston from a Chinese dealer in 1947 subsequently sold and repurchased several times by the firm.
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This section needs additional citations for verification. was bought by the Swatch Group of Switzerland. In 2000, Ronald along with new business partner, Fenway Partners, bought Bruce out from the company for $54.1 million. When he died, Winston left the company to his two sons, Ronald and Bruce, who then entered into a decade-long battle over the control of the company. Winston redesigned the jewelry into more contemporary styles and showcased his unique skill at jewelry crafting. When Winston bought the collection after her death, the designs of the jewelry in the collection were quite old fashioned. Huntington, Arabella amassed one of the world's most prestigious collections of jewelry, largely from Parisian jewelers such as Cartier. Winston's jewelry empire began in 1926, with his acquisition of Arabella Huntington's jewelry collection, for $1.2 million. Winston started his business in 1920 and opened his first store in New York City in 1932. When he was twelve years old, he recognized a two-carat emerald in a pawn shop, bought it for 25 cents, and sold it two days later for $800. While growing up, Harry worked in his father's shop. He and Winston's mother were Jewish immigrants to the United States from the Russian Empire.
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Winston's father Jacob started a small jewelry business. He had been called by many the "King of Diamonds". He also traded the Portuguese Diamond to the Smithsonian in 1963 in exchange for 3,800 carats of small diamonds. He donated the Hope Diamond to the Smithsonian Institution in 1958 after owning it for a decade. Harry Winston (March 1, 1896 – December 8, 1978) was an American jeweler. Stephanie Winston Wolkoff (granddaughter by adoption)
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