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Vallabhbhai Shamjibhai Patel tells about the ongoing construction of the Surat Diamond Bourse

The under-construction Surat Diamond Bourse (SDB) is India's second diamond trading hub based at Surat, Gujarat, spread across 35.54 acres with more than 4,000 offices for national & international traders. On the onset, the project which...

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The strategy of regulating the Russian jewellery industry

At the General Meeting of the Russian Jewellers Guild Association held in April, two principally important documents were adopted: The Strategy of Regulating the Jewellery Industry of Russia and The Charter of a Good Faith Taxpayer. Besides, the issues...

13 june 2018

Our first priority is to better understand artisanal and small-scale mining - Elodie Daguzan

The Diamond Development Initiative (DDI), the organization dealing with the traditional diamond mining, recently announced the appointment of Élodie Daguzan as its first Goodwill Ambassador. Ms. Daguzan, who currently works as head of communication...

04 june 2018

Zimnisky on De Beers’ Lightbox: It’s a strategic, bold move that will benefit the entire natural diamond industry

De Beers shocked all and sundry end of May when it announced the launch of a new company called Lightbox Jewelry, which will market a new brand of laboratory-grown diamond jewellery in September. This effectively meant that the group had departed from...

01 june 2018

Tracking the provenance and lifecycle of a product is a natural and necessary evolution in our industry

A senior executive with a demonstrated history of working globally at management and board levels, Marcus ter Haar has been the Managing Director at Okavango Diamond Company (ODC), Botswana for about 10 months now, prior to which he held the...

28 may 2018

8.01-carat fancy vivid blue diamond pendant fetches $20mn at Christie’s

13 june 2018
At the Christie’s Hong Kong Spring Sales of Magnificent Jewels, a fancy vivid blue diamond pendant emerged as the star with the exceptional piece fetching around $20 mn, as reported in jewellerynet.com.

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Image credit: Christie's


According to Christie’s, the May 29 spring sales generated a total of around $72 mn and attracted 111 buyers from 18 countries across five continents.The 8.01-carat fancy vivid blue diamond pendant necklace by Moussaieff sold for $2.55 mn per carat. Vickie Sek, deputy chairman & director of Jewellery Asia, commented, “ The sale saw healthy demand from collectors and professionals for top-quality jewellery and gemstones, a pair of Paraiba tourmalines and a fancy colour diamond bracelet. The Rockefeller pearl necklace achieved $2 mn, which was previously sold at Christie’s Geneva in 1998 for $500,000. We look forward to the continuation of our jewellery spring season at Christie’s Paris, New York and London.”

Aruna Gaitonde, Editor in Chief of the Asian Bureau, Rough & Polished

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