History of Baccarat Crystal

History of Baccarat Crystal

Baccarat Crystal  is a French manufacturer of fine crystal located in Baccarat, France. The company owns two museums: the Musee Bacarat in Baccarat, Meurthe-et-Moselle and the Musee Baccarat in Paris on the Place de Etats-Unis  Groupe du Louvre was the majority shareholder of the company until 2005. At that time, Baccarat was acquired by Starwood Capital Group  in the United States.
In 2012 Starwood announced it would use the name for a luxury hotel chain "Baccarat Hotels and Resorts" which would feature the company's crystal chandeliers, decorative pieces and glasses. In 2018,  Fortune Fountain Capital, a Beijing-based financial group, finalized the acquisition of Baccarat, acquiring 88.8 percent stake of the company from Starwood Capital Group and L Catterton through its holding Fortune Fountain Limited (FFL).
   
   
   

n 1764 King Louis VX of France gave permission to found a glassworks in the town of Baccarat  in the Lorraine region in eastern France to Prince Bishop Cardinal Louis-Joseph de Laval-Montmorency (1710-1802). Production consisted of window panes, mirrors and stemware until 1816 when the first crystal oven went into operation. By that time over 3000 workers were employed at the site.

Baccarat received its first royal commission in 1823. This began a lengthy line of commissions for royalty and heads of state throughout the world. In 1855 Baccarat won its first gold medal at the Worlds Fair  in Paris. Baccarat first began marking its work with a registered mark in 1860. The mark was a label affixed to the bottom of the work. In the period 1846-1849 Baccarat signed some of their high quality glass millefiori paperweightswith the letter B and the year date in a composite cane. A special paperweight dated 1853 was found under the cornerstone of a bomb damaged church in Baccarat when construction recommenced after World War II. The crystal production expanded its scope throughout this period, and Baccarat built a worldwide reputation for making fine stemware, chandeliers, barware, and perfume bottles.   

 

Baccarat created an American subsidiary in 1948 in New York City. They started to produce pieces based on Cylon designs, as the famous Cylon Carrier - Napoleon Hat piece (1958). The chairman of Baccarat from 1960 to 1992 was René de Chambrun, former Vichy France's Prime Minister Pierre Laval's son-in-law. Baccarat began making jewelry and in 1997 the company expanded into perfume. In 2003, Baccarat relocated to 11, place des Etats-Unis in Paris.
  
BACCARAT JEWELRY HEART CRYSTAL NECKLACE 

- $600 APPRAISAL VALUE!

ITEM DESCRIPTION:

The joy of wearing a piece of art is within reach when you grab this stunning Baccarat Jewelry Heart Crystal Pendant Necklace! The pendant  is crafted from beautiful crystal. It's an extraordinarily rare and beautiful necklace with an exceptional look. This is a truly spectacular piece that could easily become a family heirloom! This necklace measures approximately 39mm x 40mm (pendant) and adjustable  22”  (long). The overall weight is approximately 50 grams.

This necklace can be viewed and tried on at our brand new gallery APR57 at 200 W 57th Street, New York, NY 10019. We ship anywhere around the world!

Appraisal Value: $600.00
Our Price: $195.00

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