Titled Courageous Spirit, the jewelry features a statement necklace and a set of complementary earrings.

FORBES: Connect

The auction of 125 lots will also feature a number of statement jewels from the top jewelry houses, including multiple pieces from Cartier and Tiffany.

FORBES: 48-Carat Diamond Ring May Fetch $3.5 Million at Auction

In response to recent media reports, Harry Winston Diamond Corp. issued a statement Thursday saying it is not in talks to sell its luxury jewelry and watch business.

FORBES: Harry Winston's Luxury Retail Business Is Not For Sale

The statement from GFMS did not say whether the projected increase in gold jewelry demand will remain regionalized or whether the tough conditions in the US, EU and the Middle East will continue for 2011.

FORBES: Connect

But as a philosophical statement and approach to business, I was pleasantly enlightened by my conversation with Pamela Bellesen who sells a successful wholesale jewelry line from her metalworking studio called Wide Mouth Frog Designs.

FORBES: Expanding to Wholesale Jewelry with Pamela Bellesen