Big Anniversaries to ‘Watch’ For At Baselworld: Rolex, TAG Heuer, Swatch, Seiko
The current Rolex Cosmograph Daytona
(Apr 19 ‘13, Elizabeth Doerr, Forbes)
Rolex , TAG Heuer, Swatch, Seiko, and Casio G-Shock are some of the big names in horology celebrating important anniversary dates at Baselworld, the world’s biggest watch fair, which begins next week on Thursday, April 25.
Gold price plunge: is it time to buy?
The increased popularity of gold jewellery, particularly in India, has helped propel the price in recent years. Photo: REX
What has happened?
The gold price never seems to be far from the financial headlines. In recent years this has been because it has regularly hit new heights, but last week it was a fall in prices that was causing waves. It hit a six-month low on Friday afternoon, having plunged through the $1,600 an ounce earlier in the week – the first time it had breached this level since August.
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Gold Sinks Below $1,500, Its Lowest Level in Nearly Two Years
(Apr 12 ‘13, Rob Bates, JCKOnline.com)
As more investors sounded bearish notes about the yellow metal, on April 12, the spot price of gold sank below $1,500—its lowest level since July 2011.
25.5 Carat Blue Diamond Found in South Africa
Photo courtesy of Petra Diamonds
It’s only fitting on a day a 34.65 ct. pink diamond sells for $39.3 million that we also feature an equally impressive big blue diamond.
A 25.5 ct. blue diamond was recovered by Petra Diamonds Limited at the Cullinan mine in South Africa.
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Princie Diamond Is Most Expensive Jewel Ever Sold at Christie’s
The Princie Diamond (Photo courtesy of Sotheby's)
On April 16, The Princie, a 34.65 ct. fancy intense pink cushion cut, scored $39.3 million ($1.1 million a carat) at Christie’s New York – making it the most expensive jewel ever sold in the auction house’s 200-plus year history.
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Sotheby’s Sells 74.79 Carat D-Color Diamond for $14 Million
74.79 ct. white, pear-shaped diamond (Photos courtesy of Sotheby's)
Another day, another multimillion dollar diamond sale.
At Sotheby’s New York Magnificant Jewels sale on April 17, a 74.79 ct. D-color, pear-shaped diamond earned more than $14 million.
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Market Comments 3/14/2013
(Mar 14 ‘13, Diamonds.net)
Hong Kong show boosts market confidence. 0.30-0.40ct., G-K, VS2-SI2 certs are hot with good demand through 1ct. Oversizes bringing premiums. CAUTION: speculative rough prices unsustainable. U.S. retail improves with Jan. jewelry store sales +15% to $1.9B. Chow Tai Fook Jan.-Feb. same-store sales -2% with China -7% and Hong Kong / Macau +5%. Gem Diamonds 2012 revenue -34% to $202M, loss of $77M vs. profit of $35M. Belgium’s Feb. polished exports -9% to $1.3B, rough imports +8% to $1.2B. Christie’s expects pear-shape, 101.73ct., D, IF diamond to fetch estimated $20M ($197K/ct.) at May Geneva auction.
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Most valuable necklace World Record for Mouawad
The record-breaking necklace is designed around the yellow Incomparable Diamond, the worlds largest internally flawless diamond.
The L’Incomparable 637ct diamond necklace has been valued at US$55 million (£36.2m) and as such has been certified by the Guinness Book of World Records as the most valuable neckpiece in the world.
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Graff Debuts $100M Peacock Brooch at TEFAF
(Mar 19 ‘13, Deena Taylor, Diamonds.net)
Graff Diamonds unveiled a unique diamond peacock brooch at the TEFAF luxury art and antiques fair being held in Maastricht, The Netherlands.
The brooch, which has a total carat weight of 120.81 is valued at $100 million, measures a little more than 10 centimeters in height and features a 20.02- carat fancy deep blue pear- shape diamond at its center.
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A. LANGE & SÖHNE – Record price for a rare watch
Tourbillon "Pour le Mérite". © A. Lange & Söhne
In Geneva, on 17 March 2013 at the Antiquorum auction “Important Modern & Vintage Timepieces”, one of the most coveted A. Lange & Söhne masterpieces changed hands for 275.710 euros: a TOURBILLON “Pour le Mérite” with the very rare combination of a white-gold case and a blue dial. The fascinating watch belongs to a 1994 limited edition of 200 pieces. Fifty of these watches were cased in platinum and 130 were presented in 18-carat white-gold cases. Only 19 were endowed with white-gold cases.
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