Largest Faceted Sapphire Up For Sale

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The Guinness-certified world’s largest sapphire, weighing in at 31,308 cts is up for sale. The Ophir Collection of rare gemstones includes the Ophir Sapphire, which, at 31,308 carats, holds the distinction of being the world’s largest faceted sapphire. The collection consists of some 40 gemstones, the majority of which, … [Read more...]

Smart Ring Makes $100,000 in First Day

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Ringly, the gold-plated smart ring that notifies users of emails and phone calls, made more than $100,000 in sales its first day, its spokesperson said. The rings are manufactured with 18k heavy gold plating and are available in three sizes: 6, 7, and 8. There are three different gemstone options: emerald, … [Read more...]

122.52ct Blue Diamond Found

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A blue diamond weighing a staggering 122.52 carats has been unearthed in South Africa - expected to be the most valuable ever found. Petra Diamonds Ltd said it had recovered the 'exceptional' gem at its Cullinan mine, on the outskirts of Pretoria, just months after it sold a 29.6 carat blue diamond from the same mine … [Read more...]

40.5ct Eye of Golconda Fails to Sell

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The Eye of Golconda, an impressive necklace built around two D-flawless diamonds that was predicted to fetch as much as $10 million at the Christie’s jewelry auction last week, did not sell, company officials said. The piece, the headline offering at the auction house’s Hong Kong Magnificent Jewels sale on May 27 … [Read more...]

13ct Winston Blue sells for $24million

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Christie’s Sets All-Time Auction Record as a 13 Carat Blue garners $24 Million. The sale of the 13.22 carat rock known simply as ‘The Blue’ came a day after Sotheby's sold a 100-carat flawless yellow diamond for $16.3 million -- with both sales including commission. The US jeweller Harry Winston bought the blue diamond … [Read more...]

Graff Vivid Yellow sells for $16,347,847

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A record was set today for a yellow diamond  with the sale of the ‘Graff Vivid Yellow’, a 100.09-carat daffodil yellow diamond ring sold for $16,347,847. With its exceptional size and a superb daffodil color, the Graff Vivid Yellow is a truly extraordinary diamond with immense presence. In an unusual turn of events … [Read more...]

Sapphire Ring Sets Auction Record

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A 28.18 ct. exceptional platinum, Kashmir sapphire, and diamond ring sold for $5,093,000 at Sotheby’s New York on April 29. An anonymous buyer paid $180,731 per ct., a new auction record for price per carat for any sapphire. The sale was part of the Magnificent Jewels auction, in which total sales were $44,313,500. … [Read more...]

Crater of Diamonds Park Yields 6.19 ct

A man has found a 6.19 ct. white diamond at Crater of Diamonds Park in Murfreesboro, Ark.

A man has found a 6.19 ct. white diamond at Crater of Diamonds State Park in Murfreesboro, Ark. David Anderson has named the diamond, which he found in the East Drain area of the park, the Limitless Diamond in honor of the religious charity Speed the Light. He plans to give all proceeds … [Read more...]

Sotheby’s “Pink Star” Buyer Defaults.

The Pink Star

In a Sotheby’s (BID) auction in November, a New York diamond cutter defeated three bidders to win the most expensive gemstone ever. Yesterday, the auction house said the buyer couldn’t pay.  The Pink Star a 59.6 carat oval-cut pink diamond, which fetched $83.2 million in a transaction guaranteed by Sotheby’s … [Read more...]

Gem Diamonds Recovers 2 162 ct Diamonds

Gem Diamonds recovers 2 162 carat diamonds

Gem Diamonds Ltd said it has recovered two 160-plus carat diamonds from the Letšeng mine at the end of January 2014. These two rough diamonds (a 162.06-carat type II diamond and a 161.74-carat type I diamond) are each expected to achieve top prices at Letšeng’s February tender, the company said. … [Read more...]