Christie’s sells rare blue diamond for over $40m USD

The 17.61 carat, pear-shaped Bleu Royal diamond, set in a ring, fetched $43.8 million, they said. It is the “largest internally flawless fancy vivid blue gem” ever to appear for sale in auction history, Christie’s said. Part of a private collection for 50 years, it was the first time the Bleu Royal was sold at … Read more

Hong Kong Luxury Sales See Further Revival

Hong Kong retail sales rose in October as tourism to the municipality continued to improve and the government implemented initiatives to stimulate the economy. Revenue from jewelry, watches, clocks and valuable gifts climbed 27% year on year to HKD 5.1 billion ($653.1 million) for the month, according to data the government’s Census and Statistics Department … Read more