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Meanwhile, prices for yellow and pink diamonds remained relatively unchanged, according to the Fancy Color Research Foundation.
He was a longtime member of the DMIA and co-founder of ADIA, the American Diamond Industry Association.
The Gemological Institute of America said the instrument, which will be priced between $4,000 and $5,000, will be available by the end of the year.
Gem Diamonds and Firestone Diamonds both recovered 100-plus-carat stones in the past two weeks.
The contest is open to both amateur and professional photographers who have shots of women working in any type of mining.
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