Wednesday, 26 July 2017

Lucara Diamond's ‘Lesedi La Rona’ too big to sell?

Industry insiders say Lucara Diamond Corp will have to cut its tennis ball-sized rough diamond to find a buyer. Bidding for the 1,109 carat stone stalled at $61 million at Sotheby's last year — short of the $70 million reserve. Lucara’s CEO William Lamb thought that ultra-rich collectors, who buy and sell precious art works for record-breaking sums at auction, would do the same with a diamond. That bet failed.

There is a “very, very small universe” of companies with the skill, money and network to polish and sell the Lesedi said Lamb. A Dubai trading company paid a record US$63 million for Lucara’s 813-carat ‘Constellation’, while British diamond dealer Laurence Graff bought a 374-carat stone for US$17.5 million.
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Tuesday, 25 July 2017

De Grisogono

Cannes 2017 saw the launch of 'Love on the Rocks' de GRISOGONO's latest high jewellery creation. Established in 1993 in Geneva under Fawaz Gruosi’s leadership de GRISOGONO jewellery a universe in which luxury develops into an art of living.
DeGrisogono's Valentine’s Day collection featuring gold, diamonds and precious gems.

Pink gold, two cabochon amethysts weighing 73 carats, pink sapphires and rubies.

High jewellery timepiece is made of pink gold, 70 moving briolette-cut and 980 round brilliant amethysts.

28 carat cushion-cut sapphire

Monday, 24 July 2017

Blue #1, Pink in second place as hottest colors in Diamonds

Apollo and Artemis were sold May 17th for a new record price of $57.4 million. The “Apollo Blue” fancy vivid blue diamond of 14.54 carats made $ 42.1m, and the “Artemis Pink” fancy intense pink diamond, at 16 carats, $15.3 million.

Rectangular-cut fancy vivid blue diamond, weighing approximately 3.98 carats, within a cushion and triangular-shaped pink diamond surround by Moussaeiff $8.88 million.

Pear-shaped, 7.32-carat, fancy vivid blue, IF diamond $17,112,629
Sky Blue Diamond, a square-cut, 8.01-carat, fancy vivid blue, VVS1 Cartier ring, $17.1 million, or $2.1 million per carat in late 2016.

The Oppenheimer Blue. 14.62-carat emerald cut Fancy Vivid blue diamond dubbed the “gem of gems’ $57,541,779 or $3.9m per carat. 

“The Blue Moon of Josephine,” fancy vivid blue diamond weighing 12.03 carats, IF, sold for $48,468,158, or $4,028,941 per carat

The 10.10-carat De Beers Millennium Jewel 4 sold for $32 million or $ 3.1m per carat in April of 2016. 

The 24.18-carat “Cullinan Dream,” brought $ 25m at Christie’s on June 9. $ 1.03m per carat.

The Zoe Diamond – $32,645,000 ($3,348,205 per carat) in 2015

'Winston Blue' 13.22 carat pear-shaped Fancy Vivid blue flawless diamond sold at Christie's Geneva on May 14, 2014 for $ 24m

A step-cut, 17.07-carat, fancy intense pink, VVS1-clarity diamond ring, sold for $20.8 million, or $1.2 million per carat.

Graff. A 4.33 carat lozenge shape Fancy Pink diamond ring with pavé diamonds

The ‘Unique Pink’ became the most expensive Fancy Vivid Pink diamond ever to sell at auction in May 2016. Sotheby’s in Geneva sold the pear-shaped 15.38-carat Fancy Vivid Pink diamond for $31.6 million.

Saturday, 22 July 2017

Bonhams’ Fine Jewelry

Art Deco enamel, gem-set and diamond ‘Tutti Frutti’ bracelet by Cartier. Made in 1929. £458,500
Bonhams is a privately owned British auction house, founded in 1793.

It is one of the world's oldest and largest auctioneers of fine art and antiques. Bonhams is recognized internationally for fine art, jewelry, motorcars and collectors' markets.

Diamond 'Torsade' bangle by Suzanne Belperron, circa 1932. £164,500.
The Hope Diamond had a counterpart in the collection it was in — the Hope Spinel.

Both belonged at one time to powerful London banker Henry Philip Hope, who died in 1839. The 45.52-carat Hope Diamond now resides in the National Museum of Natural History at the Smithsonian, while the 50.13-carat spinel smashed its pre-sale estimate of £150,000-£200,000 selling for £962,500, achieving a new world record price of $30,000 per carat
Colombian emerald ring of 10.49 carats and set between diamonds brought $610,039 in 2014
White diamond weighting 3.93 carats with VS2 clarity and D Color with a blue diamond weighting 3.72 carats with SI2 clarity. £800,000

A cabochon ruby sits atop this Van Cleef & Arpels’s diamond ring.

A carved coral flower with circular-cut diamonds by Van Cleef & Arpels

A fancy colored diamond ring weighing 16.64 carats sold for $305,000 in April

Cartier jadeite and diamond pendant sold for $268,291 in 2013

A 12.55-carat emerald and diamond brooch £160,000

Piece carved from a single piece of opal matrix, depicting the head of Mercury.

A 25-carat Ceylon sapphire and diamond ring by M. Gérard reached a total of $581,000 this spring.

An Art Deco jadeite and diamond brooch by Mauboussin. $122,500

Farmer in Madhya Pradesh’s Bundelkhand finds diamond worth $ 22,500

Suresh Yadav, a farmer from Madhya Pradesh’s Bundelkhand area was weary of his crop losses and invested a pittance in leasing a 8mx8m shallow mine from the government. He worked as a farm labourer during the day and dug for diamonds in the morning and evening. Last week the 40-year-old struck it rich when he dug out a pebble sized diamond. The 5.82 carat gem quality diamond is said to be worth at least $ 22,500 and has changed the poor farmer and his family’s life.

When someone finds a diamond here, it's not for keeps. Not right away. After the victory dance that the finder presumably does, it is deposited with the 'district diamond officer' in Panna, who auctions it. The state keeps 11.5% of the proceeds; the rest goes to the finder.
If no one buys the stone, the finder can buy it for 11.5% of the expected price. This story of rags to riches is not the first in the area. Last year another farmer found a diamond that was twice as big as Yadav’s.

More often than not the news from Madhya Pradesh's Bundelkhand region is about farmers committing suicide as changing weather patterns have brought lingering drought and crop failures.