Sotheby’s sale of Magnificent Jewels brought a total of $30,582,751, exceeding the pre-sale estimate of $20/26 million and achieving the second highest total for a various owners sale of Jewelry at Sotheby’s New York since 1995. The sale was 88.4% sold by lot and 91.9% sold by value, with white diamonds dominating the top ten prices [...]
Dubai Diamond Exchange Board Holds Inaugural Meeting to Review Strategy for Enhancing Role in Global Diamond Trade
The newly appointed board of directors of the Dubai Diamond Exchange (DDE), a subsidiary of Dubai Multi Commodities Centre (DMCC), has held its inaugural meeting recently in Dubai, to review the strategy for enhancing Dubai’s role in the global diamond trade. The board, comprising high-profile members from the industry, toured the DDE trading floor in [...]
Bulgari To Auction Jewelry Creations and Timepieces at Christie’s for Save the Children
Bulgari will auction an extraordinary collection of 11 one-of-a-kind jewelry creations and 7 limited edition timepieces at Christie’s New York. The jewels’ overall value is estimated at around $4 million, and all proceeds will be donated to Save the Children’s Rewrite the Future campaign, dedicated to providing quality education for 8 million children living in [...]
New York State Jewelers Association and Retail Council of New York Affiliate
The New York State Jewelers Association (NYSJA) has formed an affiliation with the Retail Council of New York State (RCNYS), which represents the full spectrum of retail in New York State, from the largest chains to independent ‘Main Street’ merchants. Starting immediately, NYSJA members can take advantage of RCNYS’ member value programs, including: credit card [...]
Alicia Keys Partners in Hand-Crafted Jewelry Line
Alicia Keys has announced her partnership in The Barber’s Daughters, a stunning line of modern, hand-crafted jewelry made of precious metals and gems inscribed with inspirational messages. On November 23 and 24, Alicia and Gisele Theriault will debut the current line with a special two-day only retail gallery event in New York City. The items [...]
Madoff Personal Assets, Including Diamonds, Watches and Jewelry, on Auction
Proxibid, the world’s largest provider of live auction webcasting services, has been selected by to provide live online bidding for its upcoming US Marshal Service Auction, which includes personal assets belonging to Bernard and Ruth Madoff. The live auction will take place Saturday, November 14 at 10:00 a.m. EST at the Sheraton New York Hotel [...]
Tiffany Debuts New Collection for New York City Marathon 2009
Tiffany & Co. has launched a commemorative collection of jewelry and accessories that, along with the awards Tiffany creates for runners in each category, celebrates the 40th running of the ING New York City Marathon. Runners can personalize the collection with name, time and the year to mark their marathon experience. The collection is crafted [...]
New GIA Gempassbook For Colored Stone Services Offers Affordable Access To Identification And Origin Reports
The Gemological Institute of America (GIA) has introduced a new “GIA GemPassbook™” for the advance purchase of two of its colored stone identification services: the GIA Identification Report and the GIA Origin Report. Each passbook contains 50 pre-paid GIA GemPasses™ redeemable for identification or country-of-origin services. Identification GemPasses will be priced at US$50 each, while [...]
AGTA Closes Gemological Testing Center
The American Gem Trade Association (AGTA) Gemological Testing Center (GTC), which opened in 1998, will close effective July 29th, 2009, says the AGTA. “The GTC has enjoyed great support over the past decade from the AGTA membership and the colored gemstone industry as a whole,” stated Douglas K. Hucker, AGTA CEO. “But with this extended [...]
Annenberg Diamond Expected To Fetch up to US$5 Million in Christie’s New York Sale
The Annenberg Diamond, a spectacular D color, Flawless diamond of 32.01 carats, will be the leading highlight of Christie’s auction house Jewels: The New York Sale on October 21, 2009. Valued between $3-5 million and boasting the impressive provenance synonymous with the Annenberg name, this extraordinary diamond will be among the most highly-anticipated jewels offered [...]
Gitanjali USA Buys Majority Stake in Diamlink
Gitanjali USA Inc., a wholly owned subsidiary of the Gitanjali Group, has acquired a 51% majority stake in Diamlink Inc., a New York based corporation which deals mainly with diamond and diamonds studded jewelry. By virtue of this acquisition, Diamlink has become a step down subsidiary of the Gitanjali Group.