Tag: Diamonds

BUSINESS | Extremely Rare, Purple-Pink Russian Diamond Up For Action, Worth $38 Million

October 13, 2020

MILAN | ITALY – An extremely rare, vivid purple – pink diamond mined in Russia is expected to fetch up to $38 million when it goes under the hammer on November 11, the auction house Sotheby’s said on Monday. The oval gem, which is named after a Russian ballet ‘The Spirit of the Rose’, is … More BUSINESS | Extremely Rare, Purple-Pink Russian Diamond Up For Action, Worth $38 Million

BUSINESS | Why Louis Vuitton Bought The Second Largest Diamond In Modern History

January 18, 2020

The stones always known the story first. And they were trying to tell me something when I visited the jewelry workshop on the top floor of the Louis Vuitton Place Vendome flagship last year – I’m sure of it. “We are very serious about this here”, I thought I heard a perfect 19.31. unheated Madagascar … More BUSINESS | Why Louis Vuitton Bought The Second Largest Diamond In Modern History

ARTS| A Rare Tiara Designed For A Romanov Coronation Goes On Display

July 15, 2019

The cornet is part of the seven piece Devonshire Parure, an 88-gem masterpiece you can now see for yourself at Sotheby’s What do you wear to the crowning of an Emperator? In 1856, the Countess of Granville didn’t need to think too much about it. She was to accompany her husband’s uncle, the 6th Duke … More ARTS| A Rare Tiara Designed For A Romanov Coronation Goes On Display

Business | Tiffany Hit By Lower-Spending Tourists

July 2, 2019

Bucharest, Romania – Jeweller Tiffany has seen worldwide sales fall by 3% to $1billion in the first quarter, as it was hit by lower-spending tourists. Meanwhile like-for-like sales at the New York-based firm fell by 5%. The company also said it could hit by tariff increases on its U.S. exports to China, as part of … More Business | Tiffany Hit By Lower-Spending Tourists

Business | Miner Petra Diamonds Sells Its 425-Carat Legacy Diamond

May 14, 2019

Petra Diamonds said on Tuesday it sold its 425-carat “Legacy of the Cullinan Diamond Mine” diamond to Belgium-based Stargems Group for $15million. The miner, which recovered the diamond at its flagship Cullinan mine in March, said the sale was significant for the company. Petra has been struggling to clear its multi-million-dolar debts after it borrowed … More Business | Miner Petra Diamonds Sells Its 425-Carat Legacy Diamond

Lifestyle | Botswana Unveils Blue Diamond To Rival The Hope Diamond

April 25, 2019

Botswana has unveiled a blue diamond whose value could outstrip that of the storied Hope Diamond: the 20.46 – carat, close-to-flawless Okavango Blue. The diamond was presented in Gaborone, Botswana by the state-owned Okavango Diamond Company. Found as a 41.11-carat rough stone in the Orapa mine operated by the producer Debswana, the jewel is the … More Lifestyle | Botswana Unveils Blue Diamond To Rival The Hope Diamond

Fashion |Geneva: Christie’s To Auction Historic Faberge Tiara

April 11, 2019

Auction house Christie’s is to sell a tiara by Faberge, jeweler to the Russian Tsars, made of aquamarines and diamonds and with a pre-sale estimate of $230,000-340,000. Tiara was made in 1904 as a wedding gift from Germany’s Frederick Francis IV, Grand Duke of Mecklenburg-Schwerin, to his bride Princess Alexandra of Hanover and Cumberland. The … More Fashion |Geneva: Christie’s To Auction Historic Faberge Tiara