1960s - 1970s
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Kazanjian establishes some of the first cutting factories in Bangkok. This helps build the industry in Thailand to become the largest cutting center in the world for sapphires and rubies.
Formerly exhibited in London in 1937 for the Coronation of King George VI as part of the famous Kelsey Newman Collection, the 263.18 carats “Flame Queen” is acquired by Kazanjian.
“The Flame Queen” takes its place in gemological history as the most important opal ever discovered. Its unusual color pattern is created when opal in-fills a cavity – flashing from vivid red to fiery bronze when viewed from different angles and in different light.
Discovered in Australia, this sapphire becomes the largest in existence. Weighing 1,157 carats, the stone is cut by Harry Kazanjian into the famous 733 carat Black Star of Queensland, one of the rarest gemstones in the world. The Kazanjian family loans it to the Smithsonian Natural History Museum.
It is displayed alongside the Hope Diamond, the largest blue diamond in the world. The priceless gemstone is eventually sold to a private collector, with the proceeds funding scholarship programs at the GIA (Gemological Institute of America).
Moving from downtown Los Angeles, Kazanjian settles into its contemporary Beverly Hills offices in the historic Frank Lloyd Wright building at 332 North Rodeo Drive.
Michael & Stan Kazanjian expand the diamond business and begin manufacturing fine jewelry -- selling to Cartier, Tiffany & Co., Van Cleef & Arpels and other fine stores in the United States.