Due to the public health restrictions on the movement of people and products in Botswana, South Africa and India, which prohibit customers from traveling and prevent the shipment of goods to customers’ international operations, De Beers Group will not hold its third Sight of 2020.
ALROSA plans to hold 34 international auctions for special size rough diamonds (weighing over 10.8 carats) in 2020.
In Q1, the company will have seven auctions, while in Q2 there will be eight, in Q3 it will hold seven, and in Q4 there will be 12 auctions.
Gem Diamonds is to hold its first rough diamond sale of full run-of-mine production from its Ghaghoo mine in Botswana.
The production will be sold on tender with viewings to be held in Antwerp, Belgium and Gaborone, Botswana.
The Antwerp viewings take place at Gem Diamonds offices from January 29 to February 9, said the Antwerp World Diamond Centre.
The Israel Diamond Exchange (IDE) and online sales giant eBay have announced the first cooperation agreement of its kind in order to expand the sales by Israeli diamantaires of polished diamond online worldwide and expand overall Israeli diamond sales.
A rare Fancy Vivid Blue diamond from the celebrated collection of Mrs. Paul Mellon sold for a staggering $32,645,000 ($3,348,205 per carat) – a new world auction record total price for any blue diamond and a new world auction record for price-per-carat for any diamond at Sotheby’s New York headquarters.
Israel Diamond Exchange (IDE) President Shmuel Schnitzer is calling on diamond buyers worldwide to attend the September 1-4 International Diamond Week. Noting the recent, steady growth in the luxury product market, he called the event an ideal one-stop-station for purchasing polished diamonds, and which takes place just before a series of international gem and jewelry trade shows in Asia and elsewhere.
Auction house Christie’s will be holding a sale called Spring Jewels, an online-only auction of contemporary jewelry and watches by luxury brands such as Bulgari, Chanel, Cartier, Rolex and Tiffany late this month.
The sale features over 70 lots ranging in style from classic to contemporary, with price points accessible to a wide range of collectors. The auction will run from May 6 to 20.
A leading player in the field of precious gemstones that has been quietly creating a large stake for itself in the industry is a London-traded firm called Gemfields plc. It is, today, the world’s largest producer of colored gemstones, particularly in emeralds and rubies.
The biggest flawless blue diamond in the world, weighing 13.22 carats, is to be the highlight of Christie’s Magnificent Jewels sale in Geneva on May 14.
The blue gem has a pre-sale estimate in the range of $21 million-$25 million and is the top item of the 240 lot sale, which th auctioneer forecasts will raise about $80 million.