News
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Mar- 2016 -31 March
Largest ever fancy vivid blue diamond could fetch £31.4m
Christie’s has announced the ‘Oppenheimer Blue’ is to go under the hammer, the largest fancy vivid blue diamond ever offered at auction. Weighing 14.62 carats, the stone will lead Christie’s auction of ‘Magnificent Jewels’ held at held at the Four Seasons Hotel des Bergues in Geneva, on 18 May. The…
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30 March
Diamond firm ordered into liquidation after £1.2m scam
A london diamond broker targeting “vulnerable” investors and mis-selling them fancy coloured diamonds has been ordered into liquidation by the High Court. The company, which the High Court said was mis-selling investors fancy coloured diamonds at inflated prices, was ordered into liquidation following a petition presented by the Secretary of…
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29 March
boutique.Goldsmiths stocks five new brands
boutique.Goldsmiths has announced it has stocked five new brands as part of its Spring Summer 2016 (SS16) collection. The retailer, which is owned by Aurum Holdings, said jewellery brands Chrysalis, Chlobo, Daisy London, Virtue London and Nordahl were launched across the company’s stores and online nationwide on 21 March. The…
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24 March
Signet reports “excellent” full-year results
Jewellery giant Signet Jewelers has reported an “excellent” full year in its latest results for the 52 weeks ending 30 January, 2016. Same-store sales across the year were up 4.1% with annual total sales of $6.55bn (£4.63bn) – an increase on the previous year of 14.2%. The results were boosted…
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24 March
Petra Diamonds sells ‘exceptional pink’ diamond for £10.7m
Petra Diamonds has announced the sale of an ‘exceptional pink’ diamond for $15m (£10.7m). The diamond, which was recovered from the firm’s Williamson mine in Tanzania and weighs 32.33-carats, was purchased by Golden Yellow Diamonds on behalf of M.A. Anavi Diamond Group, a leading diamond manufacturer and specialist in large…
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23 March
£400,000 worth of watches stolen in Stoke-on-Trent jewellery store raid
Some £400,000 worth of watches have been stolen in a raid on a Beaverbrooks store in Stoke-on-Trent. Staffordshire Police said they believe 10 people were involved in the burglary, which happened just after 2:35am on Thursday, 10 March, at the Intu Potteries shopping centre in Hanley. The offenders, who were…
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21 March
Hatton Garden raid ringleader jailed for six years
The man believed to be the ringleader of the Hatton Garden heist has been jailed for six years and three months for his part in the £14m raid. Brian Reader, 77, of Dartford, Kent, appeared by videolink at Woolwich Crown Court today and was sentenced after pleading guilty to conspiracy…
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21 March
Gem-A appoints Alan Hart as CEO
The Gemmological Association of Great Britain (Gem-A) has announced the appointment of Alan Hart as the association’s new CEO. A former member of the Gem-A Council, Hart is currently head of Earth Sciences Collections at the Natural History Museum, London. With a wealth of experience in the gem and mineral…
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18 March
Shirley Temple’s rare blue diamond ‘could fetch £24.2m’ at auction
A rare blue diamond that belonged to former child star Shirley Temple is set to be auctioned next month for an estimated price of $25m (£17.3m) to $35m (£24.2m), says Sotheby’s. The 9.54-carat ‘Fancy Deep Blue potentially internally Flawless’, VVS2 clarity diamond ring was purchased by Temple’s father for $7,210…
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17 March
Rising demand for coloured gemstones sees auction prices soar
There has been a surge in demand for coloured gemstones prompting rapidly rising prices, according to Bonhams. The auction house said sapphires have seen a particular rise in popularity, with consumers purchasing sapphire engagement and wedding rings. Bonhams said its clients are looking for something “a little bit different” from…
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