International
Jewellery industry news from around the world.
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Jun- 2014 -10 June
US high-value auctions website announces expansion into UK
A US auctions website for high value items is has announced it is expanding its operation to include the UK market. Proxibid, which describes itself as “the world’s most trusted online marketplace for buying and selling highly valued items”, says the expansion is designed to better serve its growing global…
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May- 2014 -8 May
Gemfields emerald auction sees 59% increase on last year
Gemfields rough emerald auction saw a 59 per cent increase on revenue over the prior auction of traded emeralds held last year. Of the 41 lots offered at the auction held in Jaipur, 21 were sold representing approximately 86 per cent of the market value. The gemstones sold comprised of…
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1 May
Sotheby’s achieves record per-carat price for sapphire ring
A new world auction record price per carat for any sapphire was set yesterday at Sotheby’s New York, when an exceptional platinum, Kashmir sapphire and diamond ring sold for £3.02m ($5,093,000, or $180,731 per carat). The square emerald-cut Kashmir sapphire weighing 28.18 carats is one of the finest sapphires ever to…
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Apr- 2014 -25 April
Gecko triumphant at BaselWorld
UK-based jewellery supplier Gecko Jewellery has reported positive results from BaselWorld, having established new contacts worldwide. The company, which distributes D for Diamond, Fiorelli and Fred Bennett in the UK, had intended to increase its international presence at the show and says it has succeeded in doing so, gaining 60…
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22 April
$21m blue diamond up for auction at Christie’s
Auction house Christie’s has announced the sale of the largest flawless vivid blue diamond in the world, ‘The Blue’ estimated to fetch $21m (£12m) at auction. The diamond, which weighs 13.22 carats, will lead Christie’s auction of Magnificent Jewels to be held in Geneva on May 14. The gem will…
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8 April
Swiss investigate disappearance of $50m pink diamond
An investigation has been launched into the disappearance of a $50m (£30m) pink diamond from a storage unit in Geneva.Storage firm Malca-Amit had been holding the 50.66 carat diamond for South African diamond trader Sylla Moussa, but he reported it missing in September 2013. Police searched the premises of the…
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8 April
Bric-a-brac £20m Fabergé egg to go on display
A £20 million Imperial Easter Egg designed by Karl Fabergé, which was unknowingly bought by an American scrap metal dealer to melt down before he realised its value, is to go on display at Wartski’s showroom in London later this month. The owner, who wanted to remain anonymous, purchased the gold…
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Mar- 2014 -28 March
Gecko increases international presence with return to Basel
Jewellery manufacturer Gecko is looking to increase its international presence having returned to BaselWorld for the first time in several years.Part of WB The Creative Jewellery Group, Gecko is showcasing alongside Domino at Basel, with collections from Fiorelli Costume and Fiorelli Silver, Fred Bennett and D for Diamond. Children’s range,…
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19 March
Tiffany & Co names insurance boss Ralph Nicoletti as new CFO
US jewellery manufacturer and retailer Tiffany & Co has announced the appointment of Ralph Nicoletti as its next executive vice president and chief financial officer (CFO). Nicoletti, 56, will be based in New York and responsible for the company’s worldwide financial functions and information technology. He will report to Michael…
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18 March
Objet bought by scrap-dealer identified as £20m Fabergé egg
A £20 million Imperial Easter Egg designed by Fabergé himself was unknowingly bought by an American scrap metal dealer to melt down before he realised its value. The owner, who wanted to remain anonymous, purchased the gold and diamond and sapphire encrusted egg for £8,000 at a bric-a-brac market in…
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