Latest news with #diamonds
Forbes
21 hours ago
- Business
- Forbes
35-Carat Graff Diamond Could Fetch $3 Million At Sotheby's Auction
35.01-Carat Graff diamond ring with an estimate of $2 - $3 million Colorless and fancy colored diamonds are overwhelming among the premiere lots at Sotheby's New York High Jewelry auction on June 13. The sale of 110 lots includes important pieces from the Vanderbilt and Wade families, and from a private collection in which their jewels document a lifelong love affair. The top lot of the sale, based on estimates, is a 'highly important' 35.01-carat emerald cut diamond on a ring from Graff with D color and VVS2 clarity. Its estimate is $2 million - $3 million. The Graff gem is one 13 jewels from a private collection, 'Joie de Vivrea: Journey in Jewels,' a bejeweled documentation of a lifelong love affair. Each piece was a gift from a devoted husband to his wife over the course of a marriage spanning more than 60 years. Graff emerald and diamond earclips with an estimate of $1.5 - $2.5 million Other highlights among the 13 jewels includes a pair of diamond and emerald earclips by Graff featuring four sugarloaf cabochon emeralds weighing approximately 84 carats with an estimate of $800,000 – 1.5 million (the number six lot of the sale); an aquamarine and diamond bracelet with an estimate of $40,000 – $60,000; and a jade and diamond pendant-brooch, circa 1910s, adorned with five old European-cut diamonds, with an estimate of $25,000 – $35,000. 5.02 carat fancy pink diamond ring with an estimate of $1.5 million - $2 million FEATURED | Frase ByForbes™ Unscramble The Anagram To Reveal The Phrase Pinpoint By Linkedin Guess The Category Queens By Linkedin Crown Each Region Crossclimb By Linkedin Unlock A Trivia Ladder The number 2 lot of the sale is a 5.02-carat oval-shaped fancy pink diamond with VS2 clarity. Its estimate is $1.5 - $2.5 million. 2.02-carat fancy vivid blue diamond rin with an estimate of $1.4 million - 1.8 million Next is a 2.02-carat modified rectangular mixed-cut fancy vivid blue diamond on a ring with an estimate of $1.4 million - $1.8 million. The number four lot of the sale is a pair of flawless D-color pear-shaped diamonds weighing 10.32 carats and 10.11 carats. Both diamonds exhibit 'excellent polish and symmetry" based on their reports, the auction house said. Their estimate is $1.1 million - $1.5 million. Marcus and Co. ruby and diamond sautoir with an estimate of $1 million - $2 million This is followed by a 'superb' ruby and diamond sautoir by important American retailer, Marcus & Co. (1892 – 1962). The drop-shaped pendant features a 9.60-carat cushion-cut unheated Burmese ruby, within a surround of old European-cut diamonds, framed and topped by caliber-cut rubies. The chain is set at intervals with old European-cut diamonds, the openwork clasp set with pear-shaped, old European- and single-cut diamonds, circa 1915. Its estimate is $1 million - $2 million. The sautoir is one of four jewels from the collection of Emily Vanderbilt Wade, the daughter of William Henry Vanderbilt, III, former governor of Rhode Island, and the great-granddaughter of Cornelius Vanderbilt. The Wades and Vanderbilts are two storied American families credited with shaping the American industrial, cultural and philanthropic landscape. Cartier Art Deco diamond bracelet with an estimate of $60,000 - $80,000 The three other pieces are a Cartier Art Deco bracelet in a geometric pattern composed of articulated panels set with old European- and single-cut diamonds with an estimate of $60,000 - $80,000. Rene Lalique gold, enamel, emerald and pearl pendant with an estimate of $20,000 - $30,000 The second piece is a Rene Lalique Art Nouveau pendant made of gold, enamel, emerald and pearl, circa 1900. It's designed as a double-sided woman's face with long hair morphing into strands of seaweed, decorated with enamel in various shades of green and blue, her forehead is set with an oval-shaped emerald, surmounted by a baroque pearl. Its estimate is $20,000 - $30,000. Gold, emerald, ruby, pearl, sapphire, diamond and enamel necklace with an estimate of $40,000 - ... More $60,000 The third piece is a tassel sautoir boasting an intricate network of rubies, emeralds, pearls, and diamonds, circa 1900. The auction house says that based on provenance it is likely the work of Paulding Farnham, the famed late 19th and early 20th century jewelry designer for Tiffany & Co. Its estimate is $40,000 - $60,000. Highlights of the Sotheby's sale completed a world tour and will be shown next at Sotheby's New York headquarters from June 6 – 12.
Daily Mail
2 days ago
- Business
- Daily Mail
EXCLUSIVE Tarnished reputation: Elite jewellery brand beloved by WAGs and the Sydney and Melbourne in-crowds faces public shame over eye-watering customer complaints
Their diamonds have been worn by the likes of PR queen Roxy Jacenko, cricket WAG Candice Warner and multi-millionaire star . Even Khloé Kardashian is a fan.
Zawya
3 days ago
- Business
- Zawya
Italian Pavilion dazzles visitors at 55th Watch and Jewellery Middle East Show
Sharjah: The 55th Watch and Jewellery Middle East Show, organised by Expo Centre Sharjah with support from the Sharjah Chamber of Commerce and Industry (SCCI), features a distinguished presence by the Italian pavilion that unveiled a rare collection of handcrafted diamond and jewellery pieces. Designed by some of Italy's most celebrated designers, the collection was revealed in Sharjah for the first time, drawing wide attention from global luxury jewellery connoisseurs. H.E Abdallah Sultan Al Owais, Chairman of SCCI, visited the Italian pavilion, accompanied by H.E Mohamed Rashid Ali Demas, SCCI Board Member; H.E Ali Hilal Al Hazami, SCCI Board Member; and Mona Sultan Al Suwaidi, Director of the Executive Office of the SCCI's Chairman and in charge of the Emirati Goldsmiths platform. The attendees explored the Italian pavilion's offerings, which encompassed a wide array of premium jewellery designs showcasing rare gemstones, including pure diamonds, vivid blue sapphires, and captivating emeralds, as well as meticulously crafted pieces made from 18-karat gold and superior-grade natural diamonds. The Italian pavilion at the 55th edition of the exhibition featured the participation of around 50 brands, marking a 15% growth over the previous edition. This makes Italy stand as the largest international presence at this year's show, which concludes tomorrow, Sunday. This expansion reflects Italy's growing global stature as the third-largest global supplier and leading European exporter of jewellery to the UAE, with exports surpassing €1.22 billion in 2024. In his remarks, Al Owais praised the solid economic and commercial ties between the UAE and Italy. He noted that the steady rise in Italian participation at the Watch and Jewellery Middle East Show underscores the UAE's strategic role as a dynamic global trade hub and a key gateway to regional markets. He added that the increasing number of Italian exhibitors is a testament to the rising investor confidence in the competitive business climate of Sharjah and the UAE at large. Italian exhibitors noted that that this year's collections were custom-designed and produced exclusively for the exhibition, with each piece offered in highly limited editions, typically no more than two per design. This exclusivity caters to discerning clients seeking rarity, sophistication, and superior quality. They also affirmed that all displayed items are entirely handcrafted, which significantly enhances the intrinsic value of each piece. In February 2025, Italy recorded jewellery exports of €238 million to the UAE, a 24% increase compared to the same period in 2024, maintaining a 5% share of the total import market. Italy continues to rank among the UAE's top suppliers of fine jewellery, a testament to the enduring appeal of Italian design and craftsmanship. For further information, please contact: - Ali Elgendy Misbar Communications ali@ Ahmad Aldwairi Misbar Communications
Reuters
5 days ago
- Business
- Reuters
Botswana's ODC to start contract diamond sales in September
GABORONE, May 30 (Reuters) - Botswana's state-owned Okavango Diamond Company plans to start contracted gem sales in September, managing director Mmetla Masire said on Friday, as it diversifies its sales channels under the government's new marketing deal with De Beers. ODC, whose allocation in the production of Debswana - its 50-50 joint venture with De Beers - was increased to 30% from 25% under the new deal, aims to sell about 40% of its supply through contracts, with the balance sold through auctions, strategic partners and Botswana-based companies. Currently, ODC's sales are predominantly through online auctions, typically held 10 times a year. Like De Beers, which sells about 90% of its diamonds through contracts to handpicked buyers, also called sightholders, ODC will now also sell to contracted buyers. "The previous deal had a clause which prevented us from directly competing with De Beers on contract sales," Masire told Reuters in an interview. The process of selecting buyers has started, with contracts expected to be issued by September, he added. Under the new ten-year deal with De Beers signed in February, ODC's allocation of Debswana output will reach 40% at the end of the agreement, with the possibility of a further increase to 50% during a proposed five-year extension period. The global diamond market is currently going through a downturn marked by declining demand and a supply glut, but Masire said there were signs of "a slow but sustained recovery". "The global market is still fragile, and the U.S. tariffs have added uncertainty, but indications are that demand is improving as China looks like it's starting to pick up and India as well,' Masire said. ODC's 2024 revenues were about 60% of the previous year's levels due to the downturn.
Khaleej Times
5 days ago
- Business
- Khaleej Times
Joyalukkas announces 50% off on making charges for a limited period
Joyalukkas, the world's favourite jeweller, has unveiled a dazzling new reason to celebrate. For a limited time only, customers can enjoy a flat 50 per cent off on making charges on an exquisite range of gold, diamonds, polki and precious jewellery. The exclusive offer is available from May 30 to July 6, 2025, giving shoppers over a month to indulge in exceptional artisanship and timeless elegance at unmatched value. This special promotion is valid across all Joyalukkas showrooms in the UAE, with the offer also extended to customers in Oman, KSA, Qatar, Bahrain, Kuwait and Singapore - bringing the brilliance of this opportunity to jewellery enthusiasts throughout the region and beyond. From traditional heirlooms to modern classics, Joyalukkas offers a spectacular selection of over a million designs sourced from across the globe, including Italian, Turkish, Ethno-contemporary, Antique and more. Each showroom delivers a world-class shopping experience marked by personalised service, a luxurious ambience and the highest standards of quality. John Paul Alukkas, managing director of Joyalukkas Group, announced this limited period offer and said: 'At Joyalukkas, our commitment has always been to delight customers with meaningful offers and memorable experiences. This limited-time 50 per cent off on making charges is our way of thanking our patrons and welcoming new shoppers to discover the unmatched value we offer. Whether you're buying for a special occasion, a festive celebration or simply to invest in a piece that lasts a lifetime - there's never been a better time to visit your nearest Joyalukkas showroom.' The promotion comes alongside Joyalukkas' ongoing customer benefits, including 100 per cent value on diamond exchange and easy payment plans, making this the perfect time to shop smart and shine brighter. With elegance, value and variety all under one roof, the Joyalukkas 50 per cent off making charges offer promises a jewellery shopping experience that's as rewarding as it is radiant.
