In the spotlight

Indian Jewels On Display in Kremlin Museum

India: Jewels that Enchanted the World, billed as the most comprehensive exhibition of Indian jewelry ever staged, has gone on display in the State Museums of Moscow Kremlin.

Christie's Jewelry Sale Raises $60.6 Million

Christie's reported sales of $60.6 million at its New York auction of magnificent jewels, with the auction being 82 percent sold by lot.

The main item was a pair of circular-cut, D, internally flawless diamonds weighing 22.60 carats and 22.31 carats that were bought for $8,565,000.

Other leading jewelry items included a 40.43-carat, D, potentially flawless, oval-cut diamond bought for $7,669,000, or $189,700 per carat.

CIBJO Holds Sustainable Development Summit at UN in New York

Industry leaders joined senior United Nations officials and representatives of UN-affiliated organizations for a special conference organized by CIBJO, to discuss the commitment of the jewelry and gemstone business to facilitate sustainable development in the countries and regions in which it is active at the United Nations headquarters in New York.

Cartier display shows critical role of jeweler over 166 years

One of the most famous brands in the world of luxury goods, the great jewelry house of Cartier has also played a prominent role in the history of the decorative arts. Cartier designs, from classic pieces worthy of royalty to radical Art Nouveau creations, Cartier has been at the center of changes in taste and social codes.

Industry Fears Spread Over Synthetics in Melee Parcels

Call them lab-created or lab-grown or cultured diamonds or, less accurately, synthetic stones. Call them what you will, but there is no doubt that the issue of such diamonds is once again causing widespread concern in the diamond industry globally. The production of factory-created diamonds is at an all-time high, indeed experts say that never in the past has it been possible to make them so easily and relatively inexpensively.

Chinese jewelry designers take three of top spots in HRD Awards jewelry contest

HRD Antwerp announced the names of the winners of the HRD Awards contemporary diamond jewelry contest at a gala event in Beijing in late October. The HRD Awards contest, organised by HRD Antwerp and held every two years, was co-organised by the Gem & Jewellery Trade Association of China (GAC) and sponsored by Tesiro. 

Orange Diamond Sells for Record $35.5 Million at Christie’s in Geneva

The largest fancy vivid orange diamond ever offered for sale at auction, weighing in at 14.82 carats, was sold at Christie’s in Geneva on November 12 for a record $35,540,612, or $2.4 million per carat.
The sale of the rare gem set a world record price per carat for any diamond sold at auction, as well as a world record price for an orange diamond.
Christie’reported that its Magnificent Jewels auction raised a record $125,360,131, selling 89 percent by lot and 96 percent by value.

Varda Shine To Leave De Beers in January

De Beers says that Varda Shine, Executive Vice President of Global Sightholder Sales, will be stepping down and leaving the company at the end of January 2014.
Shine, formerly the Managing Director of the Diamond Trading Company in London, is the most senior De Beers official not to move to Botswana.
Paul Rowley, Senior Vice President of Midstream Operations for Global Sightholder Sales, succeeds Shine as Executive Vice President.

Pandora to Open 1,000th Store in Paris

Jewelry maker and retailer Pandora will open its 1,000th store on October 23 - an outlet in Paris.
The store is in the Beaugrenelle shopping mall, the second-biggest shopping center in Paris and close to the Eiffel Tower.
Pandora says the location will ensure plenty of foot-traffic to the store, since around seven million people go up the Eiffel Tower annually and many more walk past the tower.
Pandora's Eiffel Tower charm is the best-selling charm in France, and among the best-selling charms globally.

Diamond Necklace With $55M Price Tag Going on Sale at Trade Show in Singapore

The world's most expensive diamond necklace will be on sale at Singapore's JewelFest show in October, and with an estimated price of $55 million buyers are likely to be few and far between.
The jewelry item, called L'Incomparable, is set with a large yellow stone often called 'The Golden Giant' suspended from a rose gold setting with 90 other white diamonds and weighs a total of 637 carats .

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