In The News: Record Breaking Pink Diamond Sells

Posted by on Dec 10, 2013 in Diamonds | 0 comments

Sotheby’s jewelry department made history on November 13, 2013. The “Pink Star”, a 59.60-carat, Internally Flawless fancy vivid pink diamond, sold for $83,187,381 USD. The previous record was held by the “Graff Pink”, a 24.78-carat fancy intense pink diamond, which sold in 2010 for 45.44 million Swiss francs ($45.75 million at the time).

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The Eternity Band

Posted by on Aug 15, 2013 in Diamonds, Education | 0 comments

The Eternity Band               Certainly a statement piece, the eternity band is a ring with a continuous line of identically set diamonds in a band of precious metal.  The Eternity Band is a symbolic gift, usually given by a husband to his wife on a significant anniversary.  The ideology behind the ring is that it is a never-ending band of love, representing eternity. The history behind the Eternity Band however is very different from the sentiment.  In the 1960’s, diamond merchant De Beers controlled the diamond supply channel and had a secret agreement with the Soviet...

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The Hope Diamond

Posted by on Aug 5, 2013 in Diamonds, Education | 0 comments

The Hope Diamond 45.52 Carats VS1 Clarity Natural Fancy Deep Grayish Blue Color Antique Brilliant Cushion Cut This astonishing diamond has a significant history that traces back to the 17th century.  It has passed through royalty, riches, and fame, been untraceable for decades, and now resides in one of the most famous museums in the world, The Smithsonian, where 7 million visitors view it annually. Legend has it that the Hope Diamond was originally 112 carats, and was found as the eye of a religious idol in India.  This story lends evidence to the fact that perhaps it has a mate.  The...

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Diamonds- not only beautiful jewelry, but also a great investment

Posted by on Jul 29, 2013 in Diamonds, Education | 0 comments

In 2001 when De Beers’ monopoly supply over diamonds officially ended, many new companies entered the market place with substantial discoveries.  Today the largest site holders are Rio Tinto, Alrosa, De Beers, Dominion, and Petra, as well as many smaller companies. With more diamonds on the market, and with far less restrictions, the gemstones took on a new angle.  Historically, large investments have been made in precious metals, and today we are seeing this trend being applied to diamonds as of late.  In August of 2012, The Untied States Patent and Trademark Offices passed a patent...

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Posted by on Jul 23, 2013 in Education, Watches | 1 comment

A classic piece of jewelry, yet a very functional accessory. Evolving from the 15th century spring driven clocks in Europe, the watch has progressed over centuries, and now is a staple in ones day-to-day life.  Initially worn as pendants, then moving to pocket watches, the wristwatch now is the most common time piece.  With Vacheron Constaintine and Breguet leading the way in the 1800’s, the watch began being mass-produced with increased technology and improvements in movement mechanics.  Patek Phillipe created the first wristwatch in 1868, which were made for German naval officers...

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The Latest on Diamonds

Posted by on Jul 16, 2013 in Diamonds, Education | 0 comments

As of this week, diamonds seem to be on the move across the globe.  Whether raising money for new mines, surpassing sales expectations for the quarter, or finding new ore, the world is loving diamonds. As for late, Firestone diamonds has raised 6 million dollars for redevelopment at its flagship mine in Lesotho, Africa, and seriously expects to increase production. Rio Tinto’s second quarter rose an astonishing 47 percent, with growth driven by higher grades in ore processed in its Argyle mine in Western Australia.  It’s production also rose 21 percent at its Murowa mine in...

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