A stunning 10.3-carat fancy vivid blue diamond, named The Mediterranean Blue, sold for an impressive $21.5 million at Sotheby’s High Jewelry auction in Geneva, becoming one of the most talked-about sales of the season. Originally discovered in 2023 at South Africa’s legendary Cullinan mine, the gem was cut from a 31.94-carat rough diamond. Its transformation […]

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Okavango Diamond Company (ODC) has halted all rough sales as global demand remains at record low levels. It says it has cancelled its November auction and may do likewise in December. “For the first time, we have had to build up inventory as we do not want to just irresponsibly release goods into a market […]

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Sotheby’s Geneva made headlines once again with its spectacular Magnificent Jewels and Noble Jewels auction, achieving its best performance in five years. The star of the show was the highly anticipated Bulgari Laguna Blu, which fetched an astounding price of $25,189,429, making it the most valuable jewel ever sold by Bulgari. The exquisite 11.16-carat Fancy-Vivid […]

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New York, August 2, 2021: The Fancy Color Research Foundation (FCRF) announced today the results of the Q2 2021 Fancy Color Diamond Index (FCDI). Prices of Fancy Color Diamonds across the board increased by 0.2% during Q2 2021. Blues (0.4%) and Pinks (0.3%) led the increase, while Yellows rose by 0.1%, as opposed to the […]

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Christie’s July Luxury sales in Geneva realized a combined total of CHF54,625,751 / $57,903,296 / £45,885,630 for 195 pieces of jewelry, 226 watches, and 819 fine wines, with a combined sell-through rate of 81%. Registered bidders from 42 countries, across 6 continents, participated in the July Luxury sales. The top lot of the sale week […]

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The Fancy Color Research Foundation (FCRF) recently put out a report stating that in Q3 2019, prices of Fancy Color diamonds largely remained stable. “The Fancy Color Diamond Index (FCDI) for Q3 2019 showed a decrease of 0.5% in overall Fancy Color prices, driven by a 1.5% decline in the prices of Yellow diamonds,” the […]

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Announcing its results for the quarter ended September 30, 2019 (Q3 2019) Lucara Diamond Corp. reported total revenue of US$45.3 million for the period against revenue of US$45.7 million recorded Q3 2018. This was raised from the sale of 116,200 carats of rough diamonds as compared to the sale of 101,600 carats of rough diamonds […]

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De Beers has partnered with auction house, Christie’s, to showcase its expertise in diamond grading, testing and educational services as part of a collaborative exhibition. Next month, De Beers Group Institute of Diamonds, part of De Beers Group Industry Services (formerly known as IIDGR), will be hosting an exclusive exhibition entitled ‘Rare Treasures of the […]

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Rio Tinto has unveiled in New York an iconic piece of jewellery handcrafted using Argyle diamonds from its Australian mine and gold that has been mined and minted by Rio Tinto in the US. The US$1.1 million necklace and ring known as Argyle Dreaming, was created by famed international designer, master craftsman and jeweller John […]

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Botswana’s state-run Okavango Diamond Company unveiled on Wednesday what is believed to be the largest blue diamond ever discovered in the southern African country, which is one of the world’s top producers. The 20.46-carat, oval-shaped fancy precious rock has been named “The Okavango Blue” in honour of the Okavango Delta, the country’s wildlife-rich world heritage […]

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