Sale of “Peace Diamond” to benefit local community

It is an oft-noted fact that some of the world’s most expensive diamonds have been mined in some of the world’s poorest countries. When these diamonds sell for millions of dollars on the international market a very valid question would be “Has the local community benefitted from the recovery of this diamond?” and if not, [...]

Sale of “Peace Diamond” to benefit local community2017-11-28T15:11:08+00:00

Fancy coloured diamonds on auction in September

Blue continues to be the hottest colour on the diamond auction block and of the Top 10 diamonds auctioned in 2016, four of them were blue. This September, another 2 blue diamonds will go under the hammer at two different auctions, along with a number of other fine jewels and gems. On the 20th September, [...]

Fancy coloured diamonds on auction in September2017-11-28T15:08:29+00:00

Is this diamond too big to sell?

When is a big diamond too big to sell? The diamond industry is a funny one. For the most part, bigger diamonds are always better (in consumers eyes at least) and the stock price of mining companies generally increases upon the discovery of a new, large diamond. It seems however, that there is an upper [...]

Is this diamond too big to sell?2017-11-28T15:07:42+00:00

The £10 diamond that was worth a fortune

The £10 diamond that was worth a fortune   It’s every bargain hunter’s dream. The piece of costume jewellery that you pick up at a car boot sale or an antique store turns out to be the real thing. That’s exactly what happened to a lucky British lady last month. The “Tenner” diamond, as it became [...]

The £10 diamond that was worth a fortune2017-11-28T15:06:48+00:00

Pink Star diamond fetches $71.2 million

As we previously reported, the Pink Star diamond was, for a moment in 2013, the most expensive diamond in the world. Now, following last night’s Sotheby’s auction, it regains its crown in 2017, hopefully for a longer period this time around. After 5 minutes of bidding, Chinese jewellery retailer Chow Tai Fook won the auction [...]

Pink Star diamond fetches $71.2 million2017-11-28T15:04:52+00:00

Will the Pink Star diamond break records, again?

Back in November 2013, the auction world was abuzz when a 59.6ct pink diamond, The Pink Star, sold for a record $83 million. At the time, the Sotheby’s Geneva auction broke a number of records, but the buyer, New York diamond cutter Isaac Wolf, defaulted on the payment and the sale fell through. Now, 3 [...]

Will the Pink Star diamond break records, again?2017-11-28T15:04:03+00:00

The top 10 diamonds of 2016

2016 was a record-breaking year for diamond sales, with coloured diamonds dominating the auction block. The most expensive diamond of the year however, was a colourless rough diamond, the 813ct “Constellation” diamond, discovered in Botswana in November 2015. Here’s what the Top 10 list for 2016 looks like: 1. 813-carat “The Constellation” rough diamond, sold [...]

The top 10 diamonds of 20162017-11-28T15:02:22+00:00

Are green diamonds radioactive or dangerous?

Earlier this year, at Christie’s Hong Kong Magnificent Jewels auction, a remarkable natural green diamond, the Aurora Green, sold for $16.8million. This 5.03ct fancy vivid green of VS clarity set two new diamond records when it was purchased by Chinese retailer Chow Tai Fook. Given that natural green diamonds are exceptionally rare, very little is [...]

Are green diamonds radioactive or dangerous?2017-11-28T14:48:19+00:00

Lesedi la Rona fails to sell

In a result that shocked the diamond industry, the world’s second biggest diamond, the 1,109ct Lesedi la Rona, failed to sell at Sotheby’s 29th June London auction. As the largest diamond found in over 100 years and the largest rough diamond ever to be auctioned, pre-auction whispers around the 2.5 billion year old diamond spoke [...]

Lesedi la Rona fails to sell2017-11-28T14:46:55+00:00

The world’s most expensive diamond

It’s been a big week for diamond auctions. With industry leaders Sotheby’s and Christie’s holding back-to-back auctions in Geneva on Tuesday 17th and Wednesday 18th May, respectively, we knew there were going to be diamond fireworks – and both auctions delivered. The “Unique Pink”, a remarkable 15.38ct pear shaped diamond was part of Sotheby’s “Magnificent [...]

The world’s most expensive diamond2017-11-28T14:40:50+00:00