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Foil opals are simulated opal gemstones that first came into vogue during the jewelry-making boom of the late-Victorian era. Across Europe and the United States, these faux gemstones joined their paste counterparts (simulated diamonds, emeralds, rubies and sapphires made from glass) as the need for jewelry outstripped both gemstone availability and nouveau middle-class budgets.
Diana wearing a pearl necklace and pearl earrings, featuring double wire of gold with diamonds and four equidistant knots, during a visit to Washington, D.C. in June 1997. Diana, Princess of Wales, owned a collection of jewels both as a member of the British royal family and as a private individual.
The opal was mined in Andamooka in 1949. The opal was cut and polished by John Altmann to a weight of 203 carats (40.6 g). It displays a magnificent array of reds, blues, and greens and was set with diamonds into an 18 karat (75%) palladium necklet. [1]