Platinum’s rare nature gives it additional value and appeal

Huw Daniel is the CEO of Platinum Guild International, overseeing market development activities in China, Japan, India and the USA, on behalf of the platinum producers of South Africa. Before taking up this role in 2015, Huw ran PGI USA for 12 years...

13 september 2021

Marco Carniello: We want to continue to be the engine boosting the jewellery industry

Italian Exhibition Group (IEG) is a leader in Italy in the organisation of trade fairs and one of the main operators in the trade fair and conference sector at European level, with structures in Rimini and Vicenza, as well as further sites in...

06 september 2021

There is a significant need for smart and technological financial solutions in the diamond industry

MDPS, the Israeli start-up Fintech company from the Mazalit Group is gearing up to enter the diamond industry soon. Zeev Maimon, the CEO of MDPS is also the Founder / CEO of MAZALIT, a B2B payment platform designed and dedicated to the global diamond...

30 august 2021

The future for synthetics lies in that it has become possible to grow a stone you want and make what you want out of it

Alex Popov, President of the Moscow Diamond Exchange and head of the Âme jewelry brand, which uses lab-grown diamonds to produce jewelry, sat for an interview with Rough&Polished sharing his views on the coexistence of natural and man-made diamonds in...

23 august 2021

De Beers’ GemFair ropes in more than 160 Sierra Leone artisanal miners

De Beers inaugurated its GemFair pilot programme in Sierra Leone’s Kono District with 14-member mine sites in 2018 to create a secure route to market for ethically sourced artisanal and small-scale diamonds. GemFair programme manager Ruby Stocklin-Weinberg...

16 august 2021

Christie’s Magnificent Jewels sale churns almost $50 million in revenue

30 october 2012

Christie’s Magnificent Jewels sale in New York, churned revenues worth $49,993,175. The sale’s top lot, a superb pear-shaped D color flawless diamond of 50.52 cts, sold for $9.5 million (estimate of $7.5 million to $10 million), or $188,000 per carat, to a private collector, Diamond World reports. Rahul Kadakia, Head of Jewelry, Christie’s Americas and Switzerland, commented: “Private collectors and dealers reacted more than positively to a 369-lot auction that was finely-tuned in terms of prices and selection of gems to current market conditions. Natural pearls, colorless flawless diamonds, and colored diamonds of high quality once again dominated the day, making for a vibrant atmosphere in the saleroom.”
Quite a few of the lots on offer sold for above their high estimates. Of the 369 lots on sale, 320 lots went down the hammer. Diamonds above 10-carats sold well.
A pair of pear-shaped fancy yellow and colorless diamond ear pendants of 52.78 and 50.31 carats, respectively sold for $4.6 million, while a two-strand natural pearl necklace sold for $3.6 million.