Auctions

Fellows reveals ‘record’ auction sales in 2017

Auction house Fellows has said that it is the “leading UK regional auctioneer” by hammer total, after recording overall sales of £17m in 2017. A notable sale in 2017 was the Fancy Intense Yellow Diamond Ring by Graff Diamonds, sold for £1,307,600 (including buyer’s premium). The sale of the Graff…

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Sotheby’s Diamonds unveils ‘exceptionally’ rare diamond

Auctioneers Sotheby’s Diamonds celebrated the first anniversary of its New Bond Street salon by unveiling a rare 102.34 carat white diamond. According to the group the stone is the only known round brilliant-cut diamond over 100 carats, and has been labelled as ‘perfect’ in colour, clarity and cut. The diamond…

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Alrosa to auction large rough diamonds at IDWI 2018

Alrosa will be hosting an auction for a selection of special large rough diamonds at the International Diamond Week in Israel (IDWI) 2018, organised by the Israel Diamond Exchange (IDE). The auction will feature rough diamonds over 10.8 carats. All of the stones were mined from deposits owned by PJSC…

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Alrosa to hold 30 international auctions for sale of ‘special size’ diamonds

Alrosa is planning to hold 30 international auctions for the sale of ‘special size’ natural rough diamonds over 10.8 carats in 2018. Five auctions will be held in Q1, 10 in Q2, six in Q3, and nine auctions in the final quarter. Two auctions will be held in New York…

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Former Dior CEO joins Sotheby’s

Sotheby’s has announced the appointment of Laurence Nicolas as executive vice president and global managing director of jewellery and watches. Reporting to the company’s CEO, Tad Smith, Nicolas will lead the various channels of Sotheby’s jewellery and watch businesses including auction, private, e-commerce and retail sales, as well as the…

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Diamond ring sells for over £1m in record-breaking auction sale

Jewellery store Fellows has sold a diamond ring for £1,307,600, making it the most expensive sale in the company’s 141 year history. Bidding took place between two phone lines and the final agreed price was £1.1m, raised to £1,307,600 with the inclusion of buyer’s premium plus VAT. The item was…

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‘Life-saving’ 709 carat diamond sells for $6.5m

The ‘life-saving’ 709 carat Peace Diamond has sold for $6.5m (£4.8m) at a New York auction on Monday 4 December, with part of the funds being used to support Sierra Leone. The diamond was bought by British jeweller Laurence Graff, confirmed Martin Rapaport of Rapaport Group, who held the auction.…

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‘Life-saving’ Peace Diamond to be auctioned by Sierra Leone

On Monday 4 December in New York the government of Sierra Leone will auction a 709 carat rough diamond, which it has named the Peace Diamond. The stone which will be sold for the benefit of 250,000 inhabitants of a region with no school, hospital, clean water, roads or electricity.…

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£1.4m Graff diamond up for Jewellery Quarter auction in ‘rare’ non-London sale

A fancy intense yellow and white diamond ring will be headlining Birmingham’s Fellows Antique & Modern Jewellery Sale. This yellow diamond is the centre piece of a ring created by Graff Diamonds and is estimated at between £900,000 and £1.4m. The auction house said that sale of a ring worth…

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World’s largest fancy pink diamond fails to sell at Sotheby’s

The largest known intense fancy pink diamond failed to sell at the Sotheby’s auction yesterday (Wednesday 15 November). The Raj Pink is a cushion shaped, 37.3 carat stone mounted on a ring and had an estimated value of $30m (£22.7m). It was expected to fetch between $20-30m (£15-22.7m). Bidding opened…

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