On the occasion of the peace of Nystad, which terminated the 21 years' war between Russia and Sweden, Bestuzhev designed and struck a commemorative medal with a panegyrical Latin inscription, which so delighted Peter (then at Derbent) that he sent a letter of thanks written with his own hand and his portrait set in brilliants.
The interiors are gilt, often furnished with detachable plates and sometimes set with brilliants.
It was sent to Amsterdam to be cut, and in 1908 was divided into nine large stones and a number of small brilliants.
Of these the first and second are the largest brilliants in existence.
In silver-work the proportion of new art designs exhibited by dealers and others is still relatively small; but jewellers, except when setting pure brilliants and pearls, are becoming more inclined to make their jewels of finely modelled gold and enamel enriched with precious and semi-precious stones, than of gems merely held together by wholly subordinate settings.