After a heated 11 minutes of bidding, the 205 carat Red Cross Diamond "rocked" Christie's Geneva by selling for $14 million dollars, a whopping 40% over its high pre-sale estimate. The famous Fancy Intense Yellow diamond, originally unearthed in 1901, was fashioned with a pavilion distinctively crafted in the shape of a Maltese cross.
With sales at smaller stores exceeding expectations in the fourth quarter of 2021, Macy's will be opening another 10 off-mall locations in the next year, to include new Market by Macy’s and Macy’s Backstage stores, as well as Bloomie’s and Bloomingdale’s outlet stores.
An eight minute bidding war resulted in one of the highest prices ever paid for a diamond on Wednesday, when the 15.10 carat "DeBeers' Cullinan Blue" diamond sold in Hong Kong. Four participants kept raising the stakes until the gavel finally fell at $57.5 million, smashing the pre-sale estimate of $48 million.
The Red Cross invests 93.5% of dollars they spend on people in need and, according to Christie's, a “significant” cut of the $11 million dollars this diamond is expected to bring in on May 11 will, again, be donated to its namesake organization.
A phenomenal 50 carat diamond is available for viewing by appointment in Palm Beach. The centerpiece of a high jewelry collection titled "Graffabulous," the new owner of this historic D Flawless oval cut will have the opportunity to name the diamond before Graff adds it to their timeline of famous gemstones.
Fancy colored diamonds are very rare to find in nature. They represent less than 0.01% of diamonds mined in the world - or, about 1 in 10,000. Furthermore, nature produces some colors with far more frequency than others, so a diamond transmitting your favorite color might be, literally, 1 in a million.
From April 8-12, Christie's will hold public viewings of 72 "Magnificent Jewels" to be sold on April 13 in New York, including a very special pendant-watch, and a half-dozen diamond creations with pre-sale estimates of more than $1 million.
Gold and gemstone prospectors work the streets of New York's illustrious diamond district, but you might not recognize them at first. Kneeling, gloved, scraping and brushing, they could be mistaken for pedantic street cleaners but don't be fooled. Historically some Big Apple prospectors have claimed over $300 per day in "paydirt."
Anglo American's newest diamond recovery vehicle, the Benguela Gem, was recently inaugurated at the Port of Walvis Bay, Namibia. In addition to increasing Debmarine Namibia’s annual production by 45% the vessel is expected to create 160 new jobs for the local workforce.
Christian Dior founded his business on the 8th of October in 1946. Located in the 8th arrondissement of Paris, his atelier included 8 studios from an 8 story building situated on Avenue Montaigne. Now Christian Dior's favorite number has been "written in stone," to celebrate a historic reopening.
"The mother of all fairs," Jewellery & Gem World (JGW) will temporarily relocate from Hong Kong to Singapore in 2022. The move is made with pandemic restrictions in mind, with a goal of becoming more accessible to international suppliers and buyers. Update: The event will now be staged September 27-30 at the Singapore Expo.
This International Women's Day, as we work to #BreakTheBias and build a world that is diverse, equitable, and inclusive, I'd like to elevate the visibility of creative and influential women in the world of fashion and jewelry.
Mountain Province Diamonds, joint-owner of Canada's Gahcho Kué diamond mine, has announced a supply agreement with Chow Tai Fook, one of the world's top jewelers. Under the terms of the agreement, Chow Tai Fook will purchase a selected range of rough diamonds from Mountain Province over a renewable one year period.
In their annual Global Diamond Industry report, Bain and the AWDC reported significant growth in for diamond miners, producers and jewelry retailers in 2021, above and beyond pre-pandemic levels. That trend has continued into 2022, for mining giants, particularly.
Winifred Mason created her first piece of jewelry in 1940, a pendant made of bronze, copper and silver. In the years that followed she began filling orders for prestigious Fifth Avenue stores in New York, including Lord & Taylor and Bloomingdales. She is considered by many to be the first commercial black jeweler in the USA.
Five centuries ago Mary, Queen of Scots, and Cardinal Richelieu of France helped heart shaped diamonds become recognized as symbols of friendship and goodwill. For some, heart shaped diamonds are at their loveliest when they occur in fancy colors.