"People are ready for this now," says jewelry designer Paloma Picasso, holding a necklace of giant rough aquamarines in her hands. "I would wear it because I like the fact that there is so much light in these stones and that somehow they are not pure, but maybe it's not for everyone." Indeed, after 27 years in business designing her namesake collection of fine jewelry for Tiffany & Co., Paloma Picasso, 58, the daughter of Pablo Picasso, has finally seen her passion for bold, large-scale jewelry and colorful, rough-edged stones come into fashion. When she launched her collection in 1980, Picasso...
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