The Glorious Jubilee

Lightning Ridge · New South Wales · Australia

The
Glorious
Jubilee

755.34 carats. One piece. Not assembled. Natural color. Independently certified by the Gemological Institute of America (2007 & 2015) and American Gemological Laboratories (2024).

The Glorious Jubilee — 755.34 carat natural black opal
755.34 ct
Weight
106 × 85 × 14 mm
Dimensions
3 Laboratories
17 Years of Record

The Origin

The world’s only commercial source of fine black opal.

Black Opal Country

Lightning Ridge · New South Wales

The Opal Fields

755.34 carats · one piece · not assembled

I · Executive Summary

One of the largest, most completely documented black opals ever recorded.

The Glorious Jubilee is a freeform carving of natural black opal from the premier fields of Lightning Ridge, New South Wales. At 755.34 carats and measuring 106.00 × 85.00 × 14.00 mm, it is one of the largest and most completely documented specimens of fine black opal ever recorded.

Two independent GIA Identification Reports, issued eight years apart, confirm identical measurements, natural color, and the definitive finding that the stone is one piece, not assembled. A third examination by American Gemological Laboratories in 2024 independently reconfirms natural color, absence of treatment, and Australian origin.

The stone displays a vivid, non-directional play of color of exceptional consistency. Independent examination in 2010 recorded patterns transitioning from flashfire to pinfire to rolling flash, describing the phenomenon as presenting “almost every color of the rainbow.”

Acquired in 2004 by Tibor D. Shelley, the stone has remained in continuous private ownership ever since. It has never been publicly exhibited or offered at auction. Shelley’s standing is anchored by a verifiable institutional landmark: the Dark Jubilee, a 318.44-carat black opal that passed through his hands, was acquired by Zale Corporation, and was donated in 1980 to the Smithsonian National Museum of Natural History, where it remains under catalog number NMNH G8827. View the Smithsonian record

The Glorious Jubilee — play of color, macro detail
Move to examine the fire
The Glorious Jubilee — full face on dark ground
Move to examine the fire

II · Technical Specifications

755.34
Carats
106 × 85 × 14
Millimeters
Freeform
Carving

The form follows the natural contours of the original nodule. Transparency is recorded by GIA as semi-transparent to translucent; AGL records it as opaque. Body color is gray. The optical phenomenon is a non-directional play of color — dominant blue-green with secondary reds, oranges, yellows, and purples — that remains consistent across all viewing angles.

All three laboratories independently confirm the stone is natural and untreated. The 2015 GIA report states explicitly: “This stone is one piece, not assembled.”

106.00 mm 85.00 mm DEPTH 14.00 MM · 755.34 CARATS
The Glorious Jubilee held in an open hand, showing its physical scale

Scale reference

III · Laboratory Authentication

Three independent examinations spanning seventeen years.

GIA 157661618 March 2007
Natural Opal, Natural Color · 755.34 ct · 106.00 × 85.00 × 14.00 mm
Verify at GIA Report Check
GIA 217135463415 October 2015
Natural Opal · Identical measurements · No indications of treatment
Key finding: “This stone is one piece, not assembled.”
Verify at GIA Report Check
AGL Prestige Report 114244813 September 2024
Natural Opal, Black · Natural Color · Australian origin · No enhancements

The identical GIA measurements across eight years create an unbroken chain of identity of unusual strength.

IV · Geological Story

A geological survivor of exceptional rarity.

Lightning Ridge is the world’s only commercial source of fine black opal. The formation of precious black opal requires an improbable sequence of conditions. At 755.34 carats of continuous, unfractured gem material, The Glorious Jubilee is a geological survivor of exceptional rarity. Opal does not scale linearly. The preservation of a pristine gem layer across a mass of this size is extraordinary.

V · Provenance & Ownership

Mined at Lightning Ridge. Held in continuous private ownership.

Mined at Lightning Ridge. Acquired by Tibor D. Shelley in 2004. Held in continuous private ownership ever since.

In a signed declaration dated 7 June 2010, Shelley confirms the acquisition date and states that he named the stone “Glorious Jubilee.”

The pre-2004 history remains prior to documented record — a standard and disclosed provenance gap.

Shelley’s authority rests on more than four decades at the highest level of the international opal trade and on a verifiable institutional fact: the Dark Jubilee (318.44 ct), which passed through his hands and now resides permanently in the Smithsonian National Museum of Natural History (NMNH G8827). View the Smithsonian record

Tibor D. Shelley, owner and custodian
Tibor D. Shelley — Owner & Custodian
The Glorious Jubilee
The Glorious Jubilee

VI · Cross-Domain Assessment

Seven domains converge on one conclusion.

Geological authority
A solid freeform of this scale is a rarity outside ordinary language.
Gemological authority
Dual GIA reports with matching measurements plus an independent AGL Prestige Report form an authentication chain of unusual completeness.
Field & cultural authority
Stones of this singularity enter the permanent record only rarely.
Market authority
Value is determined by singularity, not ordinary per-carat averages.
Auction & collector intelligence
No comparable Lightning Ridge black opal of this scale and documentation has been presented in the modern era.
Luxury market authority
Positioned as Australia’s singular gemological monument.
Institutional authority
An acquiring institution would secure the definitive large-scale specimen of the national gemstone, linked by provenance to a stone already held in the Smithsonian.

The Glorious Jubilee is a geological singularity, a gemological record, a cultural monument, and a market category of one.

VII · Market Context

Singularity, not per-carat mathematics.

For a stone of this scale and certification, per-carat mathematics is subordinate to singularity.

Reference points include the Royal One (306 ct, offered at US $3 million after long private stewardship), the Dark Jubilee (now in the Smithsonian), the Flame Queen, Aurora Australis, and Pride of Australia. Documented interest in the Glorious Jubilee itself includes a 2010 independent valuation of USD 6.8 million, a 2010 offer of USD 5.5 million, and a 2023 owner asking price of USD 10.35 million.

$6.8M
2010 Independent Valuation
$5.5M
2010 Offer
$10.35M
2023 Owner Asking Price

VIII · The Human Story

For twenty years The Glorious Jubilee remained in quiet private custody, protected by an owner who recognized its magnitude and declined repeated offers. Tibor D. Shelley’s judgment carries particular weight. Among the significant stones that passed through his hands was the Dark Jubilee — now permanently in the Smithsonian. Against that standard, his assessment of the Glorious Jubilee is unambiguous. The stewardship was never commercial in origin. It was an act of recognition. Time has now brought a shift in perspective.

“You can look at a diamond — it reflects light passing through it. An opal — the light comes from within.”
“Some stones you just cannot part with… but it is time for the world to enjoy what I have admired for so many years.”
Tibor D. Shelley · A twenty-year guardianship is drawing to its close

IX · Acquisition

Available for private acquisition.

Available for private acquisition directly from the owner under singularity pricing and customary confidentiality protections. Qualified principals and institutions may request a private briefing.