Capital Wealth
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Off Duty · Style

Zendaya Wore 3,000-Year-Old Gold to a Photo Call. Archaeologists Had Thoughts.

Artifact jewelry turns real archaeological finds into necklaces and earrings. It’s beautiful, legally patchy and ethically contested, and anything that precious deserves good paperwork.

By Sean Anees Saifi · Capital Wealth · Published Tuesday, September 15, 2026 · Source: The Wall Street Journal, September 12–13, 2026 Weekend edition (Off Duty)
Key Points
3,000 yrs
Age of the Persian gold discs Zendaya wore
$43,000
Kapistree’s Ebu necklace, from an artifact-jewelry brand
$13,070
Pendant based on a locket from Cameron’s family farm
$2,200
Starting price, Loren Nicole Viking Trove beads
A single gold coin balanced on its edge on a black glass table in near darkness, catching a soft highlight.
Earrings made from 3,000-year-old Persian gold discs put artifact jewelry in the headlines. Some jewelers call it conservation; archaeologist Emma Baysal says artifacts haven’t faced the sourcing scrutiny gems now get.
In one line: Jewelry made from real artifacts is gorgeous, pricey and ethically contested, and owning anything that precious is a good reason to document it and check the insurance.

At a photo call for The Odyssey, Zendaya wore earrings made from Persian gold discs about 3,000 years old. Gorgeous? Absolutely. Simple? Plenty of archaeologists don’t think so. Emma Baysal, an archaeologist who specializes in jewelry, was in Turkey digging up stone and shell beads when her field suddenly made headlines. Many of her colleagues reacted online with disapproval. Her summary of artifact jewelry: “It is a can of worms.”

Beautiful, and a Bit Gray

Artifact jewelry is often made with archaeological pieces bought at auctions, fairs or trade shows. Shoppers now ask where gems and precious metals come from, Baysal says, but artifacts haven’t faced that scrutiny yet. The antiquities trade has often profited from looting in war zones. Even legally bought, a piece isn’t in the clear, since wearing it can look like fetishizing ancient cultures.

The law doesn’t settle it, either; it’s a patchwork. In Scotland, finds must be reported to the National Museum of Scotland’s Treasure Trove Unit, which can claim them for institutions. In the U.S., artifacts in most cases belong to whoever owns the land. Turkey’s culture and tourism ministry has the right to buy cultural property found there.

Makers aren’t buying the criticism. Jacob Sedgwick, a collector who started the Scottish brand Kapistree with goldsmith Natalie Williams, calls it conservation of another kind. He seeks pieces like Mesopotamian seal-stones that, he says, might otherwise sit unseen in museum storerooms. New York jeweler Rebecca Rau, whose family founded the M.S. Rau gallery, sources some items at the Tefaf Maastricht fair. Its expert committees vet provenance — an object’s documented history of where it came from. Even so, she concedes those ethical lines aren’t easy to draw.

Price Tags and Paperwork

None of this is costume jewelry. Kapistree’s Ebu necklace is $43,000, and Rau’s Curtain of Lombard necklace is $29,500. Revival makers offer history without the debate. Athens-based Lalaounis has designed pieces based on museum artifacts since the 1960s; its large Helen of Troy disc earrings are $3,600. Loren Nicole, whose founder works almost exclusively in ancient methods, sells Viking Trove beads from $2,200.

Scottish jeweler Ellis Mhairi Cameron sometimes unearths artifacts on her family’s farm near Oban, reports them as the law requires, and lets them shape her gold designs. A pendant based on a locket from the farm is about $13,070.

Here’s the unglamorous part. A standard homeowners or renters policy may not fully cover pieces like these. That’s the job of a scheduled-items rider — an add-on that lists a specific valuable at a stated value.

What It Means For Your Portfolio

Hold — admire it, then insure it

If you own jewelry worth real money, artifact or not, document it and ask whether a scheduled-items rider belongs on your homeowners or renters policy.

Small, valuable and hard to replace: that’s a tricky combination for any household. Keep receipts, appraisals, photos and any provenance papers in one place, and revisit coverage after a significant purchase. Those are general planning principles, not advice for anyone in particular.

Nothing in the Capital Wealth portfolios changes because of a jewelry debate. We hold the iShares Gold Trust (IAU) as portfolio insurance, not adornment, and we haven’t bought anything new since Friday’s hot inflation print. The household move? It’s paperwork. Umbrellas are best bought on dry days, so bring your policy and a recent statement to a fifteen-minute review and confirm the good pieces are covered.

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