Diamond
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Apr- 2016 -4 AprilAuctions
Bonhams to auction jewels owned by an Indian royal family
A collection of jewels owned by an Indian royal family is set to go under the hammer, with the top piece set to sell for up to £70,000. The collection, which will be auctioned by Bonhams at its Indian and Islamic sale in Bond Street on 19 April, is owned…
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1 AprilCurrent Affairs
Bizarre ‘talking diamond’ alarms miners
A rough diamond with bizarre auditory qualities has been uncovered in a mine in Botswana. The 4.23-carat gemstone, which was found by miners working in Jwaneng diamond mine last night, reportedly began issuing a ‘gargling’ sound shortly after it was dusted off. It is thought the type IIa D-colour stone…
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Mar- 2016 -31 MarchCurrent Affairs
GIA predicts more synthetic diamonds to be introduced to the industry
Research published by the Gemological Institute of America (GIA) has predicted a “significant” rise in the number of high-pressure, high-temperature (HPHT) synthetic diamonds to enter the market. The announcement follows a visit in early March 2016, where researchers visited a diamond factory in China and obtained 50 crystals ranging from…
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31 MarchAuctions
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 MarchCrime
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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24 MarchRetailers
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 MarchCurrent Affairs
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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18 MarchAuctions
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 MarchAuctions
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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17 MarchRetailers
F Hinds opens Doncaster store
Jewellery chain F Hinds has opened a new store in Doncaster’s Frenchgate Shopping Centre – its 118th shop in the UK. The store opened on Thursday, 10 March, with Emily Simpkins, full-time professional midfielder for Doncaster Rovers’ Belles Ladies Football Club, cutting the ribbon to its doors. The new shop…
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