A year ago, three people caused the theft of € 1 billion diamonds in Germany. One of these diamonds was encrusted in a 16th century sword. Police raided apartments in Berlin in the morning and arrested three suspects suspected of theft at the Green Vault Museum last year. Police searched 18 apartments, garages and vehicles … Read more
Recovered from the famous Cullinan Mine in South Africa, these blue diamonds are among the world’s most expensive Five blue diamonds have been recovered from Petra Diamonds’ famous Cullinan mine in South Africa. They are among the world’s most expensive diamonds, and were formed deep within the Earth about 400 miles below the surface, which … Read more
A fancy pink diamond ring by Meister was the top seller at the Bonhams London Jewels sale, garnering $1.1 million USD. The piece, with a step-cut 3.62 carat center stone and designed in 1968 by Meister, exceeded its high estimate of $989,417 USD at the November 12 auction, Bonhams said last week. A diamond brooch … Read more
Alrosa’s Spirit of the Rose has achieved the highest price for any purple-pink diamond, selling to an anonymous bidder for nearly $27 million at Sotheby’s Geneva. The oval modified brilliant-cut, 14.83-carat, fancy-vivid-purple-pink, internally flawless, type II stone, named for the famous Russian ballet, sold for $26.6 million, beating its low estimate of $23 million. The … Read more
The Karowe mine has produced a 998-carat diamond, the latest in a string of large rough stones from the lucrative deposit in Botswana. Lucara Diamond Corp., which owns Karowe, will work with manufacturing partner HB Antwerp to assess how to maximize value from the rough, the miner said Wednesday. The unbroken, high-white, clivage stone — … Read more
The diamond sector’s rebound from the Covid-19 crisis will feature ups and downs that will continue into next year at least, De Beers predicted. “The demand recovery is not expected to be linear, particularly as localized lockdowns take place,” De Beers explained Monday in its annual Diamond Insight Report. “Retailer expectations for the second half … Read more
A rare 6.70-carat VS1 natural fancy deep yellow diamond from the famous Zimmi mine, in Sierra Leone, could fetch as much as $705,000 at auction. Canary yellow diamonds from Zimmi can command double the price of other fancy yellows because of their uniquely high color saturation levels. Yellow Zimmi stones over five carats are extremely … Read more
Steven McCool of Fayetteville, Ark., found a 4.49 carat sparkling, canary yellow diamond during his recent trip to Crater of Diamonds State Park. The discovery was the third largest diamond found at the park so far this year. Photo courtesy of Arkansas State Parks An Arkansas man visited the state’s Crater of Diamonds State Park … Read more
Lucara Diamond Corp. has sold a 549 carat diamond to Louis Vuitton through a partnership that will see the luxury retailer craft bespoke pieces to match client requests. “In line with their long tradition of personalization, Louis Vuitton envisages. the ultimate personalized high jewelry experience, and the opportunity to create a truly unique gem, a … Read more
Pink diamonds, already rare, are about to get scarcer as Rio Tinto has closed its iconic Argyle diamond mine, the world’s biggest and the main global source of high-quality pink diamonds. Since opening its doors 37 years ago, the Western Australia mine produced 865 million carats of rough diamonds and became the source of about 90% of the … Read more