Supercomplication sells for $24M

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The Patek Philippe Supercomplication pocket watch sold today for 23.2 million Swiss francs ($24 million) at Sotheby’s in Geneva. Setting the new record price for any timepiece sold at auction.It has held the record since 1999 when it last sold at Sotheby’s for $11 million. $24 million dollars is the most anyone has … [Read more...]

122 carat blue diamond fetches $27Million at auction

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The 122 carat blue diamond rough found in June has been sold by Petra Diamonds after being discovered in its Cullinan mine for $27.6 million, far below the record price some were expecting. Although $27.6 million sund like a large sum it was actually far below the record price some were expecting. That price … [Read more...]

232 Carat D Color Diamond Unearthed

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A 232-carat D color diamond unearthed by Petra Diamonds Ltd. (PDL) at its Cullinan mine in South Africa may sell for as much as $20 million, BMO Capital Markets said. “The diamond is practically see-through, so it is very likely to produce a flawless stone,” says Petra spokesperson … [Read more...]

Purple Orchid Diamond For Sale

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Israel-based diamond jewelry company Leibish & Co. is putting a 3.37-carat Fancy Intense Pinkish Purple VS2 diamond, dubbed the Purple Orchid diamond, on display for the first time at the upcoming Hong Kong show. The asking price for the diamond … [Read more...]

Introducing: “The Ring Cam”

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For all married couples it is the defining moment of their lives. The moment that sends them on a journey of discovery, love, trust until death do us part... Now this amazing moment can be captured on video for couples to treasure for the rest of their lives. And it could not be simpler to achieve. Introducing: … [Read more...]

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...]