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101ct. Yellow Pulled from Sotheby’s Geneva Auction
Allnatt diamond was originally lead item on offer, expected to fetch $7.2 million.
202ct. Yellow Rakes in $6.7M at Christie’s in Geneva
Sum is second-highest price ever paid for a diamond of its color and size at the auction house.
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Standard line of I to J stones will retail at $500 per carat.
Lab-Grown
May 12, 2024
Reductions aren’t enough to ease profitability concerns, sightholders say.
Rough
May 7, 2024
1-carat RAPI down 3.5% in April.
Industry
May 7, 2024
Unmounted pear-shaped stone originating from South Africa will lead Geneva Magnificent Jewels sale.
Auction
May 5, 2024
For sale: Diamond miner with unprecedented political challenges operating in the toughest market for years.
Mining
May 2, 2024
Jewelry and Watch Trends: Rapaport Magazine Highlights
Rapaport Magazine Checks Out Trending Fancy Cuts
Consumers are exploring diamond shapes beyond the classic round brilliant, offering designers broader opportunities.
Industry
April 3, 2024
Geoff Hess of Sotheby’s Talks Vintage Timepieces
Face to Face: The auction house’s head of watches for the Americas reflects on the latest trends and connoisseurs’ most coveted models.
Watches
April 2, 2024
Today’s Signet Rings Are Moving Away from Monograms
Seals of approval: Personalized and one-of-a-kind styles are leading the pack, with designs that look to the future rather than connecting to the past.
Jewelry
April 2, 2024
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Market Comment - May. 16, 2024
Anglo American to sell off or IPO De Beers; BHP’s $43B second offer for Anglo rejected.
Diamond market slow. India April polished exports -17% YOY to $1.2B, rough imports -19% YOY to $1.2B. Round prices falling in IF-VS1; SIs rising.
GemGenève weak, with reduced sales and attendance. Focus shifts to Las Vegas.
De Beers cuts Lightbox prices by up to 40%.
Geneva Magnificent Jewels auctions: Christie’s raises $54M, selling pear modified brilliant, 202.18 ct., fancy-intense-yellow SI1 for $6.7M ($33K/ct.); Sotheby’s totals $34M, including round-cornered square brilliant, 37.61 ct., E, IF diamond for $4.3M ($114K/ct.).
Brilliant Earth 1Q sales flat at $97M.