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Blue Diamond Sells for $15M at Sotheby’s New York

December 7th, 2017|0 Comments

Sotheby’s sold $54 million worth of jewelry at its New York auction on Tuesday as several pieces containing rare blue diamonds and gemstones yielded higher-than-expected prices.

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Omega Diamonds acquitted in lawsuit by Belgian customs

November 26th, 2017|0 Comments

Claims against Omega Diamonds by customs dismissed

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Black Friday sees Online Sales Surge

November 25th, 2017|0 Comments

Online spending hit record levels on Black Friday, while robust sales at brick-and-mortar retailers indicated the shopping bonanza’s traditional side is not dead yet.

Why high-end jewelers are investing in rough diamonds

High-end jewelers are traditionally at the tail end of the diamond supply chain. Once they’re extracted, rough stones are typically acquired by specialist diamond cutters and polishers, who analyze each stone — sometimes for up to a year — to determine the ideal cut in which to shape them. Only after this process are the polished gems usually presented to high jewelry houses, who set them into glittering creations. But now a handful of houses are keen to master all stages of a stone’s journey from rough to final jewel. Last month, for example, British luxury jewelers Graff Diamonds bought the uncut Lesedi La Rona, the world’s second largest diamond, for $53 million.

ALROSA recovered a unique pink 27.85-carat diamond

“Almazy Anabara”, a subsidiary of ALROSA, recovered a large pink rough diamond weighing 27.85 carats. This is a unique discovery: by far the largest company’s pink rough diamond had a weight of about 4 carats. If the company decides to cut this stone, it could become the most expensive polished diamond in the history of ALROSA.

World’s largest flawless diamond ever to be auctioned will be unveiled

The uncut 404-carat stone named the “4 de Fevereiro” discovered in Angola in February 2016. The gem has been cut into a 163-carat D flawless diamond, (de Grisogono).

Graff Buys 4-Carat Blue Diamond For $3.6 Million At Auction

A Fancy Intense Blue diamond which has been held in a private collection for nearly 30 years sold for $3.6 million, smashing its $2 million high estimate, at Bonhams Fine Jewellery sale in London.

Hong Kong Show Reflects Stable Diamond Market

Diamantaires left the Hong Kong Jewellery & Gem Fair on Sunday relatively satisfied with trading in the loose-diamond section, as traffic increased during the five-day event.

Standard Chartered Lost $400 Million on Risky Diamond Debt

Standard Chartered Bank thought it would be a good idea to expand a unit making loans secured by the jewels. Now it wants out.

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