Carat

Industry reacts to Argyle mine closure

Western Australia’s Argyle mine closed today (10 October) after more than 30 years of being in operation. The mine, owned by Rio Tinto, was known to have been the source of the world’s most prized pink diamonds, which have gone on to be sold to Ernest Jones and H Samuel…

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HB Antwerp to design 549-carat diamond for Louis Vuitton

HB Antwerp has announced it will design and polish a 549-carat diamond for French fashion house Louis Vuitton. This will be the diamond-focused technology company’s second collaboration with the luxury good retailer. The diamond in question was found on 1 February in the Karowe mine in Botswana by Canadian diamond…

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Christie’s to handle Barbara Allen de Kwiatkowski collection sale

Christie’s has announced it has been chosen to handle The Collection of Barbara Allen de Kwiatkowski, the muse of Andy Warhol. The collection of jewellery, art and design will take place in December later this year, with additional sales taking place in April 2021; including the ‘Magnificent Jewels’ on 8…

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Pure Jewels partners with Ainsworth Jewellers

Pure Jewels has announced the launch of its retail partnership with Ainsworth Jewellers, according to local newspaper The Lancashire Times. The London based jewellers, which supplies “high purity gold and platinum jewellery” mainly to the British Asian market, said Ainsworth’s will now be stocking the Pure Jewels’ collections at its…

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Kimaï launches engagement ring line

London-based fine jewellery brand Kimaï has announced the launch of its first line of engagement rings.  The Perfectly Imperfect Collection comes as the group, which uses lab-grown diamonds, said it is “committed to re-educating, re-aligning and re-imagining the diamond industry”. The new collection features six made-to-order pieces designed to “spotlight…

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Christie’s launches series of online auctions

Christie’s is preparing to launch the Geneva Luxury Sales, a series of live and online auctions, which will last from 27 October to 19 November. The “season” of auctions will feature three ‘Jewels’ auctions, one ‘Watches’ sale and a ‘Rare and Fine Wines’ auction. Live auctions (9-10 November), as well…

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Diamond breaks world record for online auction bid

A 102.39 carat D Flawless oval diamond has been sold at Sotheby’s Hong Kong auction for $15.7m (£12.2m), breaking the world record for the highest value ever bid for a jewel in an online auction.  Before its sale, the highest price paid for a jewel in an online auction was…

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Demand for yellow gold jewellery ‘resilient’, says NAJ

UK retailers are seeing growing demand for yellow gold jewellery, according to the NAJ’s retail ambassador Helen Dimmick. According to the association, gold prices since the start of lockdown have “driven sentiment that the yellow metal has lasting value and pushed customers increasingly to seek repairs and remodelling of their…

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Diamond auction set to break three world records

Sotheby’s Hong Kong is set to hold an “unprecedented” online auction of a 102.39 carat D Flawless oval diamond on 5 October. According to 77 Diamonds, the piece is expected to sell for tens of millions of dollars, without reserve, selling to the highest bidder irrespective of the price offered.…

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Phillips launches private selling platform for jewellery

Phillips has announced the launch of Flawless, a new online destination offering jewels for immediate purchase, located through the auction house’s website.  The group said it marks the “next exciting step for the company’s fast-growing jewels department”. The launch of Flawless will showcase 12 high and fine jewellery creations by…

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