My new favorite necklace was born on a napkin in London's Heathrow Airport. While waiting for the flight home, I watched our jewelry designer scribble furiously with his ball point pen. He sketched an elegant loop pendant, wrapped around an impressive solitaire. I asked what color he had in mind for the big stone. He shrugged and pointed at my wine glass, "Why not merlot?" We had a laugh, since red is the rarest, most expensive shade of diamond. Finding more than a handful would be tough. But later that week, I called our man in Belgium.

With decades in the diamond business, our Belgian source knew it would take time, but even he was surprised when it took more than a year to secure 37 diamonds that fit the bill. Our red diamond is a natural, hand-cut, mined diamond that has been gemologically heated to intensify the red color spectrum of the natural stone to a rare and stunning shade of scarlet. This exclusive cache of rare red diamonds is finally ready for release. And as you can see, the final product was well worth the wait. Our remarkable Scarlet Diamond Necklace features a vibrant, 1/5 carat, round-cut red diamond. The diamond is surrounded by a 14K white gold lasso, clustered with an additional 1/3 carat of natural white diamonds. The pendant dangles artfully from a 16" long, 14K white gold cable chain that fastens with a lobster claw clasp. Needless to say, this Scarlet Diamond Necklace is a very limited edition. Once all 37 scarlets are gone, it will probably take at least another year to uncover more.