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Marquise and pear-shaped diamonds are back in vogue

(Nov ‘14, National Jeweler)
Marquise-cut and pear-shaped diamonds are surging in popularity once again, as a new generation of brides give these long-stalled cuts a second look.

Once thought of as the bridal baubles of the older generations, brands are presenting marquises and pear-shaped diamonds so that the consumers of today see them in a new light, combining them with other hot trends like colored stones and halo settings and setting them in an east-west style, meaning they sit on the hand horizontally instead of vertically.

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47th Street Blockaded in Aftermath of Stunning Midday Heist

(Nov 12, ‘14, JCK Online)
A brazen daytime theft involving an armed robber posing as a deliveryman caused New York City’s 47th Street Diamond District to be closed off for several hours yesterday, as a SWAT team descended on the street to hunt down the suspects.

According to a statement from the New York City Police Dept., at 2:30 p.m., a man disguised as a delivery person was buzzed into a jewelry store on the 8th floor of 23 W. 47th St. and pulled out a gun. He then demanded jewelry from the store’s safe. Four employees were complying when a fifth employee, a 56-year-old man, entered and was hit with a gun, causing a minor laceration. The armed man and a lookout soon fled with an undetermined amount of jewelry and money.

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Superstar! The Holy Grail of Watches Scores $24 Million, New World Record

(Nov 11, ‘14, JCK Online)
They don’t call it super for nothing.

The Henry Graves Jr. Supercomplication, dubbed the “world’s most famous watch,” scored $24 million (23.2 million CHF) at Sotheby’s Nov. 11 Important Watch auction in Geneva, reaffirming its status as the world’s most valuable timepiece.

Five buyers competed for 15 minutes for the sale’s final attraction. The winner had not been announced at press time.

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104 Carat D Flawless Unveiled by Chow Tai Fook

(Oct 27, ‘14, JCK Online)
Chow Tai Fook will unveil a 104 ct. D color internally flawless round brilliant- cut diamond on Nov. 28 in celebration of its 85th anniversary.

The diamond is certified by Forevermark and was cut from the Cullinan Heritage, a 507.55 ct. type IIA diamond from the Cullinan mine in South Africa. Chow Tai Fook purchased the diamond at auction in 2010 for $35.3 million, a record price for a rough diamond.

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Mislabeled Diamond Causes GIA to Suspend Sealing Service

(Nov 3, ‘14, JCK Online)
Gemological Institute of America’s lab has begun an investigation and suspended its diamond sealing service after it spotted a sealed diamond the report of which didn’t match the stone.

Diamond sealing—which involves putting the gem in a secure tamper-resistant package—is an additional service offered by the lab, generally for the investment market. Only one-tenth of one percent of the stones that the lab grades are sealed, says spokesman Stephen Morisseau.

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Mining co. cuts world’s largest csarite

(Oct 31, ‘14, National Jeweler)
Dubai–Milenyum Mining has discovered and faceted the largest known csarite in the world, a 121.65-carat pear-shaped stone that it expects to retail for close to $1 million.

The gemstone was cut recently from an approximately 430-gram (2,150-carat) piece of rough found in the world’s only known csarite mine, located in the Anatolian mountains of Turkey.

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De Beers is ‘changing with the times’

(Nov 4, ‘14, National Jeweler)
London–In a lengthy presentation Monday, De Beers executives gave Anglo American PLC investors an overview of its diamond business, highlighting financial transparency, supply-demand dynamics and the company’s beliefs in brands.

The presentation, the latest in a line in which this once very quiet company shared data from its new Diamond Insight Report, took place Monday afternoon in London, and was broadcast live over the Internet.

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Victoria’s Secret commissions two $2m fantasy bras to be worn by Adriana Lima and Alessandra Ambrosio at London show

(Nov 3, ‘14, The Independent)
With just a month to go until the Victoria’s Secret show hits London, the lingerie brand announced that for the first time two bejewelled fantasy bras will take part in the catwalk extravaganza and that Angels Adriana Lima and Alessandra Ambrosio have been confirmed as the models to showcase them.

Victoria’s Secret broke the news on social media over the weekend, revealing that the bras are worth $2m (approx. £1.2m) each. A picture on its official Instagram account showed the Brazilian “dynamic duo” wearing the luxury sets, Lima in royal blue and Ambrosio in gold and rubies.

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7 Reasons This Holiday Will Be Great for Jewelers

(Nov 5, ‘14, JCK Online)
The jewelry and watch business should get set for its strongest season since the recession, says a new survey of affluent consumers conducted by Time Inc. and market research firm YouGov.

Jim Taylor, vice chairman of YouGov, predicts the jewelry business will experience a comeback this holiday—and gives JCK seven reasons why jewelers should expect a quite-merry Christmas.

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Another holiday sales forecast comes in at 4 percent

(Oct 24, ‘14, National Jeweler)
Stamford, Conn.–Synchrony Financial is the latest organization to release its forecast for the holiday season, and it predicts single-digit growth in the same range as the NRF and Deloitte.

Synchrony (formerly GE Capital Retail Finance) said Thursday that it expects holiday sales to grow 3.5 percent year-over-year, an estimate that is line with the 10-year historical average of 3 percent.

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