Collection can be viewed on


New York City, NY (May 26, 2009) – A collection of five rings, including an Extremely Rare Natural Fancy Red diamond and a Rare Natural Fancy Intense Blue diamond, are for sale at the JCK Show in Las Vegas. Donald A. Palmieri, President of Gemological Appraisal Association, is the court appointed sales agent and auctioneer for the Estate of Treasure Trove, Inc. The collection of Limited Edition Rings designed by Aaron Basha was commissioned by Treasure Trove, Inc. for the Secrets of the Alchemist Dar, the sequel to the New York Times bestselling book, A Treasure's Trove: A Fairy Tale About Real Treasure For Parents And Children Of All Ages, an illustrated children's book written by Michael Stadther and published in 2004 and distributed by Simon & Schuster, Inc.

A Treasure’s Trove included clues that launched a national treasure hunt for tokens that were hidden throughout the United States. Each token could be turned in for a unique jewel representing one of twelve characters from the story. The fancy color diamond ring collection currently for sale, named the Fairy Rings of Eternal Life, were to be the center of another worldwide treasure hunt launched by the sequel story, Secrets of the Alchemist Dar.

“This is a unique opportunity for a jeweler to acquire a one-of-a-kind collection of rare fancy color diamonds set in rings designed by Aaron Basha with the added provenance of A Treasure’s Trove story and fame,” says Don Palmieri, who appraised the rings in 2006.

The rings will be available to view at Gem Certification & Assurance Lab (GCAL) booth, L59 in the upper lobby of the convention center next to buyers registration, at the JCK show in Las Vegas from May 30th to June 2nd, 2009. All bids will be considered. More details about the fancy color diamonds, including photos of the rings and grading certificates, are available on In addition to this collection, GAA will also be holding a sealed bid auction of over $500,000 worth of loose diamonds, gold and diamond jewelry, and gold and gemstone jewelry, from various bankruptcy estates, at the GCAL booth.

Hi-Res Images Available for Download:

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Donald A. Palmieri

About Gemological Appraisal Association, Inc.
Gemological Appraisal Association (GAA), founded by Donald A. Palmieri in 1982, offers a unique suite of jewelry valuation services. GAA provides clients with complete financial analysis and gemological audits in several areas, including: pre-loan analysis for banks and their prospective borrowers, ongoing physical audits of assets for style, saleability, proper valuation and loss projection, A/R, A/P, cash and the relationship between wholesalers, manufacturers and retailers. GAA also offers extensive experience in acquisition and liquidation services, as well as, forensic service. Currently Palmieri is serving as Chapter 11 trustee and has distributed over 12 million dollars to secured and unsecured parties.

About Certified Diamond Exchange
Certified Diamond Exchange (CDE), owned by The Palmieri Group, was launched to provide retail jewelers with a stable source of diamonds that are certified for the authenticity and quality ratings, especially in color and clarity, with the service provided by Gem Certification & Assurance Lab (GCAL) that offers the Zero Tolerance Consumer Grading Guarantee. For diamond retailers, CDE ( is a FREE and simple and convenient way to obtain GCAL certified diamonds that are consistently and accurately graded for presentation to the customer.

About Gem Certification and Assurance Lab
Gem Certification & Assurance Lab (GCAL) provides guaranteed diamond certification with bundled services including Gemprint and direct light performance analysis ( It is recognized as the first U.S. diamond grading lab to earn ISO 17025:2005 accreditation, meaning that it conforms to recognized international standards for accurate and reliable grading.

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