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.
Round brilliant, cushion, and other shapes with depth are historically most popular because they're both aesthetically pleasing and economically practical. Flat shapes are not as common, which is why we wanted to spotlight these creative, rarely seen shapes.
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.
The Zoe Report (TZR), one of BDG's brands which collectively reach over 100 million readers per month, recently cited input from IGI on sustainability in the diamond and jewelry industry.
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."
On May 11 a 228.31 carat diamond discovered in South Africa more than 20 years ago, will become the largest white diamond ever sold at auction, according to auction house Christie's, with a presale estimate between $20 and $30 million.
Most of Earth's diamonds formed billions of years ago, during the supercontinent cycle, as carbon fragments around 100 miles deep were crystallized by unimaginable forces of heat and pressure. But diamonds can also flash-form due to meteorite impact.
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.
IGI will offer complimentary consultation services to attendees of this week's Watch & Jewellery Middle East Show. The five day event is taking place Wednesday-Sunday March 23-27 at Expo Centre Sharjah, UAE, and is expected to attract more than 60,000 visitors and 500 industry brands.
The 2022 GEM Awards, presented by Jewelers of America, will take place in New York tomorrow night, marking the event's 20th anniversary. The black tie affair at Cipriani 42nd Street begins at 6:30 pm with a social hour followed by the GEM Awards dinner.
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.
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.
Many things have evolved or changed since the turn of the century, and especially in the last 2 years. These changes have impacted many aspects of life, including how we interact and how we buy things.
Sotheby's is taking an exceptional 15.10 carat fancy vivid blue diamond on a world tour, with a pre-sale estimate of $48 million.
The world's largest cut diamond, a 555.55 carat fancy black named has a new owner and a new name. Purchased by Richard Heart, founder of cryptocurrency company HEX, the diamond's name will change from The Enigma to the HEX.com diamond.