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Tag Archives: diamonds
In the world of jewelry, no matter what the industry deems to be a fabulous example of a great stone, the market ultimately determines its value. When I was taking my GIA courses, I remember learning how the beauty and color of a stone ultimately depends on the buyer’s preference. While having industry-related benchmarks that determine a stone’s value is important, none of that matters if the buyer doesn’t perceive it the same way.
This became apparent on November 15, 2017, when “The Raj Pink” diamond failed to sell at Sotheby’s Geneva auction. This was the world’s largest known fancy intense pink diamond and it was expected to sell between $19.8 million and $29.8 million. The bidding stopped at $14 million, and the stone didn’t sell. Continue reading
The most expensive earrings in the world sold at Sotheby’s Magnificent Jewels & Noble Jewels auction last month for $57 million – and they don’t even match!
A stunning pink pear-shaped diamond matched with a flawless blue pear-shaped diamond, both suspended by two beautiful white diamonds, were known as Apollo (blue) and Artemis (pink)—after the twin brother and sister who are among the most widely venerated of the Ancient Greek deities. Continue reading
The second time’s the charm for Chinese retail jeweler Chow Tai Fook. The company acquired the Pink Star diamond in a heart-pounding, five-minute bidding war with two other potential buyers earlier this month – the second time this headline-grabbing gemstone … Continue reading
For those lucky individuals born in April, the diamond, a symbol of love, is the modern birthstone in the United States, Britain, and India. Traditionally, this gemstone, thought to be a symbol of good luck and protection against misfortune, was chosen for April in old Hindu and ancient Polish calendars and was also the zodiac stone for Aries. Continue reading
The holiday season is the season of giving, but shoppers need to beware of jewelry scams when choosing a special gift for a loved one. Many buyers full of holiday cheer may overlook important details while getting caught up in … Continue reading
“Diamonds are intrinsically worthless, except for the deep psychological need they fill.” –De Beers Chairman Nicky Oppenheimer For some, a diamond is merely a compressed piece of coal that was created roughly 100 miles below the earth’s surface. Others feel … Continue reading
Part 3 in a three-part series about diamonds. Although synthetic diamonds are created in the lab, they essentially have the same chemical composition and hardness of naturally-formed diamonds. Only a trained diamond grader can tell the difference between a lab-grown … Continue reading
Part 2 in a three-part series about diamonds. A simulant is an alternative to a real diamond. It is either a natural or synthetic (lab-created) stone, or multiple stones fused together to resemble a diamond. Simulants are not as durable … Continue reading
Have you ever shopped for a diamond and found the options to be overwhelming? Well, you’re not alone. There are a variety of natural, simulants, and synthetics to choose from. The qualities of each vary about as much as the price for each option. Continue reading
During this holiday season, shoppers will be buying more jewelry than at any other time of the year, including Valentine’s Day. According to a survey by the National Retail Federation (NRF), 24% of holiday shoppers will buy jewelry for a friend or family member, the highest percent since 2006. Continue reading