(Oct 15 ‘13, JCK Online)
October marked “the end of an era” at De Beers, as it closed the book on 80 years of holding its sights in London. And now, we turn the page to a new era: November brings the first allocation held at De Beers’ new sorting center in Gaborone, Botswana.
(Oct 17 ‘13, Diamonds.net)
TRADE ALERT: Buyers Beware. Persistent reports that large amounts of synthetic lab grown diamonds are being mixed with natural diamonds in parcels of melee and pointers. Know your supplier and insist phrase “natural, untreated diamonds” be included on all invoices.
(Oct 18 ‘13, Avi Krawitz, Diamonds.net)
Fancy colored diamond prices are showing significant gains in 2013 while other goods struggle along. As a result, the various auctions and tenders held in the past two weeks continued to set records, headlining the strength of the colored diamond market with both dealers and private buyers driving up prices.
A pear-shaped, vivid orange diamond could fetch as much as $20 million, or $1.3 million per carat, at Christie’s next month.
The auction house will offer the 14.82-carat stone, the largest known orange diamond in the world, in its Geneva sale on Nov. 12. The following day, Sotheby’s (BID) will auction a vivid pink diamond valued at more than $60 million.
Diamonds big enough to be worn by Hollywood film stars could be raining down on Saturn and Jupiter, US scientists have calculated.
New atmospheric data for the gas giants indicates that carbon is abundant in its dazzling crystal form, they say.
(Oct 17 ‘13, Natinoal Jeweler)
New York–An 8.77-carat rectangular-cut fancy intense pink diamond sold for $6.3 million at Christie’s, making it the top lot of the Magnificent Jewels sale held earlier this week.
(Oct 16 ‘13, Rob Bates, JCK Online)
The 20 ct. t.w. engagement ring Kim Kardashian received from former husband Kris Humphries fetched $749,000 at Christie’s New York on Oct. 15—above its $300,000 to $500,000 estimate, although below its $2 million reported value.
The buyer was not named.
(Sep 20 ‘13, Jennifer Heebner, JCK Online)
The findings of Engagement 101’s new 2013 Just-Engaged Couple Survey reveal a lot about the newly married, including that 71 percent of men “would be open to wearing an engagement ring for guys,” called a man-gagement ring.
Saint-Prex, Switzerland–Dominique Loiseau, a Swiss/French watchmaker whose master works included the Blancpain 1735 and the Alpha-Omega automaton, has died.
He was 64 and had been in bad health for some time.
(Sep 19 ‘13, Rob Bates, JCK Online)
The joint venture was said to be with “two partners who bring more than 75 years collective experience in the gemstone industry.” The partners were not named in the release. Scio CEO Michael McMahon was unavailable for comment at press time.
The facility will produce approximately 48,000 carats of synthetic rough a year, a release said. It did not specify what colors or sizes would be produced.