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Sotheby’s Diamonds & Jewelry at Record $460.5 Million

(IDEX Online News) – High-end jewelry and diamonds are showing some resilience to the global economic slowdown, as reflected in Sotheby’s 2012 sales results. The auction house sold a record $460.5 million worth of diamonds and jewelry during the last year.   The results are reassuring news for the diamond investment community, proving that even ….. Read More »

3-Carat Christmas Red Diamond Up For Auction; 50-Carat Graff Diamond Ring May Fetch $10M

3.15-carat circular-cut fancy reddish orange diamond. Estimate: $700,000 – 1,200,000. Photo credit: CHRISTIE’S IMAGES LTD.     Red is the primary color of Christmas and in this spirit Christie’s New York is offering a rare red diamond as one of the top lots during its Magnificent Jewels sale on December 10.     The 3.15 ….. Read More »

Value of Colored Diamonds

Some of what we have learned from past and present financial hardships is the need to prepare ourselves, and secure our future as best we can. Given the ups and downs of the markets, investors are searching for alternative investment options that demonstrate stability, while still maintaining a steady appreciation.   After studying the price ….. Read More »

Diamond fetches a record $21.5M in auction

Christie’s auctioned off the Archduke Joseph Diamond for nearly $21.5 million Tuesday night, a world auction record price per carat for a colorless diamond. The Archduke Joseph Diamond was the first of two out-of-this world diamonds being auctioned off this week in Geneva. Sotheby’s on Wednesday will auction what it calls an exceptionally rare fancy ….. Read More »

Rio Tinto’s Rare Pink Diamond Auction Sparkles

Demand for rare and pricey pink diamonds continues to soar, with Rio Tinto’s annual auction of gems from its Argyle mine inWestern Australiaattracting an unprecedented level of investor action.   There was very strong bidding for this year’s collection of 56 pink diamonds, including two red stones, and an additional 19 lots of blue diamonds, ….. Read More »

Rio’s iridescent diamonds draw keen interest from international bidders

Rio Tinto’s auction of a fresh set of multi-hued diamonds from its Argyle mine in Australia have elicited strong competition amongst bidders hailing from both Asia and Europe.   According to the Australian, buyers purchased 56 single pink diamonds, two red diamonds and 19 blue diamonds.   Argyle Pink Diamonds manager Josephine Johnson says the ….. Read More »

Pink diamond era nears its end

AUSTRALIA’S world-famous Argyle Pink Diamond source is trickling to a halt in what will be the inevitable end of an era for global luxury jewellery manufacturing, an industry specialist says.   A sparkling keepsake for royalty and the rich, the pink diamond is “a delightful freak of nature”, British jewellery historian Vivienne Becker said.   ….. Read More »