Category Archives: International Gem & Jewelry News

GIA Announces the Passing Away of Bert Krashes

The Gemological Institute of America (GIA) announced on Monday, January 6, 2014, the passing away from natural causes of one of its pioneers Bert Krashes, who served the institute for 49 years from 1949 to 1998. Bert Krashes, who received a “Purple Heart” for his service during World War II, joined the GIA in 1949 […]

GJEPC to Crackdown on the Unethical Practice of Mixing Lab-Grown Synthetic Diamonds with Natural Diamonds

With the onset of the New Year 2014, The Times of India newspaper published a news item that would have a significant impact on the multibillion dollar diamond trade and industry in the country. According to this newsreport, in view of the consistent reports emanating from India on the alarming unethical practice of mixing lab […]

Some Diamonds That Created Headlines in 2013

Year 2013 would no doubt go down as one of the most remarkable years in the history of jewelry auctions conducted by leading auction houses given the staggering and mind boggling prices achieved by some colored diamonds as well as colorless diamonds, that appeared in the auction calendar for the year 2013. Top among this […]

Top Lots at Sotheby’s Magnificent Jewels Sale in Geneva- November 2013

Sotheby’s Geneva Sale of Magnificent Jewels on November 13, 2013, would no doubt be a major highlight in the international auction calendar for the year 2013, for a multitude of reasons, chief among which is the appearance of the most valuable diamond ever to be offered at an auction, the 59.60-carat, oval mixed-cut, internally flawless, […]

Sotheby’s Hong Kong sets a new world record for a white diamond at auction

As predicted “the greatest white diamond ever to appear at an auction” the 118-carat, D-color, flawless, oval brilliant-cut unnamed diamond, set a world record for a single white diamond at an auction at the Sotheby’s Magnificent Jewels and Jadeite Autumn Sale held on October 7, 2013 at the Hong Kong Convention and Exhibition Center. However, […]

Two Top Lots at Sotheby’s Hong Kong Autumn Sale – October 2013, Lot 1925 – The Premier Blue Diamond and Lot 1932 – 118.2-carat, oval brilliant-cut, D-Color, Flawless Type IIa Diamond

Timed to coincide with the 40th-anniversary celebrations of Sotheby’s operations in Asia, the auction house announced in August 2013, the sale of two extremely rare diamonds at its Magnificent Jewels and Jadeite Autumn Sale 2013, coming up on October 7, 2013, at the Hong Kong Convention and Exhibition Center. One of these diamonds bearing Lot […]

Third Largest Pink Diamond in the World to go under the Hammer at Sotheby’s Geneva, in November

Sotheby’s has announced the sale of the third largest pink diamond in the world, the 59.60-carat, oval-cut, fancy vivid pink “Pink Star Diamond” aka the “Steinmetz Pink Diamond” at its Magnificent Jewels auction to be held in Geneva, on November 13, 2013. With a pre-sale estimate of over USD 60 million, the diamond with a […]

Highlights of Sotheby’s Important Jewels Sale – September 24, 2013

Sotheby’s Important Jewels Sale scheduled for September 24, 2013 in New York City, featuring 519 lots, will be highlighted by some important pieces of diamond jewelry. The lot that will no doubt attract a lot of attention, will be Lot 242, a highly important platinum and diamond ring , designed by Harry Winston, which is […]

Sotheby’s to auction rare, 7.59-carat, round brilliant cut, fancy vivid “Premier Blue” diamond at HK in October 2013.

Sotheby’s Hong Kong announced on August 19, 2013, that the auction house is due to auction a rare, 7.59-carat, round brilliant-cut, fancy vivid blue diamond, christened “The Premier Blue Diamond” during their Hong Kong autumn sales, coming up on October 7, 2013. The auction house has also announced that they have timed the auction of […]

Facets 2013, Sri Lanka’s Premier International Gem & Jewelry Show begins on August 29, 2013

In accordance with the popular slogan “Come September Come Facets” the 23rd version of Sri Lanka’s premier International Gem & Jewelry Show, Facets 2013, eagerly awaited by all stakeholders in the international gem and jewelry trade and industry, is due to be held from August 29th to September 1st, 2013, at the usual venue, the […]

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