TheGemBank.com

thegembank.com

Everything Starts With A Stone

T: + 44(o)20 7242 3748

12 Record-Breaking Sapphires Sold at Auction Houses

12 Record-Breaking Sapphires Sold at Auction Houses

When was the last time that you laid your eyes on a beautiful sapphire? A gemstone with interesting properties, sapphires have set several record sale prices at auction. In fact, the Rockefeller Sapphire, an incredibly rare Burmese sapphire, has made headlines for breaking a record sale price for a sapphire not just once but twice at $3,031,000 in 2001. Sapphires over the years have captivated the world, not only with its grace and beauty but also with its almost natural perfection. It is why at auctions they are more likely to fare well than diamonds and rubies. Just to prove it and also for the curious amongst you, we have compiled the 10 best sapphires that have graced the leading auction houses around the world. 1. Blue Belle of Asia

10 Most Famous Celebrity Coloured Engagement Rings

10 Most Famous Celebrity Coloured Engagement Rings

We have seen the world go crazy over the extravagant wedding celebrations of several Hollywood celebrities and royals over the past years. With the bride’s white gown and glittering wedding ring, fantasies have been created and real princesses have come to life. But have we thought about giving a second look at what seems to be the most exciting and intriguing? Yes, that big and bright thing they put on their fingers before they say “I do” – the engagement rings that exploded the internet and made rounds all over the world. Here’s a rundown of the best and the most luxurious celebrity engagement rings of all time! 1. Empress Josephine The ring that Napoleon gave to his sweetheart and future bride, Josephine is dubbed as one of the most

Things to Think About when Buying an Engagement Ring

Things to Think About when Buying an Engagement Ring

Ladies, there’s probably nothing more sweet than to see an engagement ring pop up from your man and be asked for a “happy ever after” with him. Who doesn’t like such a romantic act? But have you ever wondered how in the world did he ever find the perfect engagement ring to give? Men, you are probably stressed out on where to start your engagement ring purchase. During those days, you may wish for a fairy godmother to appear and grant all your ring demands but surprisingly, she’s not there to help. Think about giving up? We hope you don’t. We understand the bumps you have faced and we are here to guide you on your purchase to the most gorgeous engagement ring that fits your soon-to-be fiancée. Follow these

6 Things to Think about Before Buying a Gemstone

6 Things to Think about Before Buying a Gemstone

Buying gemstones over the past years have been tough for many shoppers due to the production of simulated gem pieces in the market. The spread of these fake gemstones has hurt several certified gem suppliers and put gemstone quality at risk. A study initiated by Fire Mountain Gems revealed that fake gemstones are normally made of plastic, glass, ceramic and they often do a fine job in imitating natural gems, making it a lot more difficult for buyers to spot the difference. Don’t make a mistake of buying the wrong gemstone. Here we give you the 10 best practices you should consider before buying any gemstone in your favourite local shop or online supplier. 1. Learn the name(s) of the gemstone. You may be surprised to know that there are

Port in the Perfect Storm

Port in the Perfect Storm

The phrase “perfect storm” is a little over-used, however in this case, in Russia with the combination of a collapsing currency, a collapsing economy and punitive interest rates make it apposite. Coupled with the current vulnerability of Russia with a slow down of the Chinese economy, the Euro weakening about 30% against the Swiss Franc and U.S. Dollar, raising the prices of already costly items even higher – collectively this is resulting in a down turn in buying power and is reducing demand – especially for the buyers who are looking to acquire gems for investment. However, the Port in this perfect storm is coloured gemstones. Demand for these from consumers, buyers and investors has not waned and only seems to be carrying momentum. The evidence for this comes from

The Apple Watch – Technology versus Beautifully Engineered Luxury

The Apple Watch - Technology versus Beautifully Engineered Luxury

Apple Watch about to hit the streets – yep, not the iWatch. Apple has now finalised all the details including Apple Watch release date and UK price information. The announcement was made at the Spring Forward event a few days ago, which was attended by analysts and media and took place in San Francisco. The event shed light on the exact release date for the Apple Watch, as well as the final pricing structure for the various different models on offer. In a nutshell it will be priced from £299 – to the special edition £8,000, with availability from 24th April worldwide. Already this seems like a marmite product, one half scrambling gripped in a frenzy for Apple’s latest product – the other half, the camp that I am in,

The Elephant in the Room

The Elephant in the Room

The Swiss Currency Cap Over the past week we have delighted in the magnificent timepieces that were shown at SIHH. There was however an Elephant in the trade show room – the Swiss currency cap, or now the lack of it. The Back story. Two weeks ago, The Swiss National Bank (SNB) said the cap, which was introduced in September 2011, was no longer justified. It also cut a key interest rate from -0.25% to -0.75%, raising the amount investors pay to hold Swiss deposits. This move has been described as a “tsunami of pain” for the Swiss watch industry – which incidentally is one of the key “homegrown” money making industries in Switzerland. The decision to remove a cap on Switzerland’s local currency has resulted in backlash from a

SIHH 2015 – The Most Opulent Trade Show You’ve Never Heard Of

SIHH 2015 – The Most Opulent Trade Show You've Never Heard Of

SIHH 2015 – the most opulent trade show you’ve never heard of. This week Geneva played host to the 25th annual Salon International de Haute Horlogerie (SIHH), the first major event of the year for the wristwatch industry. This is the first glimpse of the watches that will be in fashion in 2015. Only 16 brands show at the invitation-only event, the 13 owned by luxury conglomerate Richemont and three high-end independent brands that opt for the gentility of SIHH over the Baselworld show that takes place each March. There are literally hundreds of watches unveiled at SIHH in a matter of days. A real smorgasbord for the collectors eye, from the simply divine and understated creations from Lange & Sohne and Cartier – to vintage from Panerai and the

The Gembank – Roundup of 2014

 The Gembank – Roundup of 2014

Happy New Year! Now we’ve said goodbye to 2014, perhaps it’s time to reflect on what a great year for the Jewellery industry it was. From headline grabbing coloured diamonds being unearthed (blue ones in particular), to the world’s most complicated watch – the The Supercomplication, made by Patek Philippe, being sold at auction for a whopping 20.6m Swiss francs (£13.4m) , to technology becoming wearable in the form of the iWatch. Controversy, as always was abound, with the arguments of diamond grading still raging, to platinum pricing coming into question and those pesky lab grown diamonds still causing a stir, or indeed still no final agreement on what to refer to them as; synthetic, lab grown, engineered, who knows? But one thing that we can all agree on, is

A Quick Thought… On Add-on Sales

In this, the busiest time for sales of the year – there is still room to maximise profits with add-on sales. According to hosted e-commerce solution provider Shopify, 30% of consumers will make an additional, last-minute purchase when offered an item that complements what they’ve already decided to buy. Add-on sales represent a significant source of revenue and profits to a company. The add-on sale is generally suggested by the salesperson once the buyer has made a firm decision to buy and is sometimes known as “upselling.” Christmas Day falls on a Thursday this year – so Super Saturday (the last Saturday before Christmas) has a further four days of selling after it, which is a great opportunity to really maximise those profit margins! A few tips for accomplishing add-on

previous

Subscribe

and receive:
  • Free newsletter
  • Regular updates on new stock






Latest Tweets