The easing of COVID-19 restrictions, combined with growth in online shopping, has seen a steady rise in diamond jewelry sales across the USA and China. This marks several months of improvement across a broad spectrum of shoppers.
Answers and education from from IGI Worldwide
Rob Bates is a highly regarded diamond and jewelry industry journalist. Now, drawing on his wealth of knowledge and experience involving the worldwide trade of gemstones and jewelry, Rob has created a fun, fictional work... A mystery novel entitled "A Murder Is Forever."
Anglo American is reporting that DeBeers' rough diamond sales during the eighth cycle of 2020 brought in $467 million USD. Not only is this is a significant surge over 2020's seventh cycle, which brought in $334 million, it's a noteworthy increase of 57% over the $297 million realized during the same cycle in 2019.
A private, anonymous collector bidding by phone from Japan is the new owner of the first high-value item of its kind ever offered "without reserve" by Sotheby's. Originally a 271 carat rough diamond unearthed in 2018 at the Victor Mine in Ontario, Canada, it was cut into this 102.39 carat D Flawless oval shape by Diacore.
Today we turn our attention to the optical phenomenon of iridescence, that is the display of dispersive prismatic colors caused by the interference of light - generally due to thin films of gas or liquid - like Iridescent Quartz, Iridescent Agate and Ammolite.
IGI has provided insight and advice to diamond, gem and jewelry industry professionals in tandem with JCK Online's sponsored-content initiative: "Solving New Trends in the New Normal" addresses explosive growth in two disruptive industry areas.
Kevin Kinard visited Crater of Diamonds State Park regularly for more than 25 years, but never found a diamond until Labor Day 2020. Now he has the distinction of discovering the second largest diamond to ever come from the popular Arkansas tourist site, at just over nine carats.
Following a 40 day period of submissions and evaluation, IGI’s international panel of prestigious judges has advanced 30 design concepts to the final round of the 2020 IGI JEWEL Jewelry Design Contest. These creative works, which can be seen here, were selected for creativity, use of materials, budget, feasibility of production and wearability.
Can we call them the Blues Brothers? Individually weighing 25.75 carats, 21.25 carats, 17.57 carats, 11.42 carats and 9.61 carats, Petra Diamonds reports that these spectacular siblings were assessed to be individual stones, not originally part of a larger diamond.
Another independent analysis has concluded that IGI's loose diamond grading ranks among the world's strictest. In an independent comparison of dual-certified diamonds IGI's color grading was stricter than that of GIA in a majority of cases, with clarity the same or stricter in most cases, as well.
An exceptionally rare, clear diamond "the size of a lollipop" is being offered without reserve at auction by Sotheby's. According to the auction house, an item of this historic importance and value has never been offered with no-reserve before.
The last two 100+ carat diamonds, unearthed over a span of 48 hours, are the 10th and 11th gem-quality stones weighing more than 100 carats found at Letšeng this year. At an elevation of more than 10,000 feet, the world's highest diamond mine also boasts the world's highest value-per-carat.
The Argyle Diamond Mine in the remote east Kimberley region of Western Australia is scheduled to close by the end of 2020 following nearly forty years of production. "One Lifetime, One Encounter" is an auction event, offering a collection of the rarest diamonds extracted there over a year's production.
Hearts & Arrows (H&A) diamonds are precisely cut to show kaleidoscopic patterns when seen in a special reflective viewer. Typically associated with Excellent-Ideal cuts of superior quality, fashioning the highest levels of H&A optical precision when working with the world's hardest substance is an exacting process.
This 10+ carat HPHT produced lab-grown diamond was initially graded Fancy Intense Yellow by IGI. When it returned to the lab its color had been changed to Fancy Vivid Pink. IGI confirmed that the color had been shifted from yellow to pink through irradiation using a 5MeV Electron Beam Transfer system.