Emmanuel Raheb recommends digging into demographic data, customizing your store’s communications, and retargeting ahead of May 12.
Blue diamond sale sets multiple records
Now called the “Blue Moon of Josephine,” a blue diamond that sold for $48.5 million Wednesday set a record price for any jewel at auction.
Sold at Sotheby’s Geneva auction, the diamond known as the “Blue Moon” set new records for price for any jewel at auction and price-per-carat for any diamond, at $4 million per carat.
The price paid for the Blue Moon diamond broke the previous record for any diamond or gemstone at auction set by the $46.2 million sale of the “Graff Pink” at Sotheby’s in November 2010. Laurence Graff bought that diamond, a 24.78-carat fancy intense pink.
The record seemingly had been broken in November 2013, when New York diamond cutter Isaac Wolf bought a 59.60-carat fancy vivid pink diamond for $83.2 million, also at Sotheby’s.
Several months later, however, it was revealed that Wolf couldn’t pay, and the auction house took back the stone.
The Blue Moon was not the only diamond to make headlines this week and, interestingly, not the only one named Josephine.
A 16.08-carat diamond sold for $28.5 million at Christie’s Geneva on Tuesday, setting a new record for a vivid pink diamond. The buyer, who also is from Asia, named it the “Sweet Josephine” after the sale.
Overall, Sotheby’s Nov. 11 auction totaled $139.1 million, with 83 percent sold by lot.
An 8.24-carat fancy vivid purple-pink diamond set into a ring was purchased by an anonymous buyer for $13.9 million, and a world auction record was set for a fancy orangey-pink diamond when a 15.20-carat diamond of that hue sold for just more than $4 million.
Another colored diamond, a 22.43-carat fancy vivid yellow diamond set into a ring, garnered $2.6 million.
A complete list of results from the sale can be found on the Sotheby’s website.
The Latest
Located in the town of Queensbury, it features a dedicated bridal section and a Gabriel & Co. store-in-store.
The mining company’s Diavik Diamond Mine lost four employees in a plane crash in January.
With Ho Brothers, you can unlock your brand's true potential and offer customers the personalized jewelry experiences they desire.
A 203-carat diamond from the alluvial mine in Angola achieved the highest price.
Ruser was known for his figural jewelry with freshwater pearls and for his celebrity clientele.
The “Rebel Heart” campaign embodies rebellion, romance, and sensuality, the brand said.
For over 30 years, JA has advocated for the industry, fought against harmful legislation and backed measures that help jewelry businesses.
Editor-in-Chief Michelle Graff shares the standout moments from the education sessions she attended in Austin last week.
The overhaul includes a new logo and enhanced digital marketplace.
The money will go toward supporting ongoing research and aftercare programs for childhood cancer survivors.
A new addition to the “Heirloom” collection, this one-of-a-kind piece features 32 custom-cut gemstones.
Last month in Dallas, David Walton pushed another jeweler, David Ettinger, who later died.
The move will allow the manufacturing company to offer a more “diverse and comprehensive” range of products.
From now through mid-May, GIA will be offering the reports at a 50 percent discount.
De Beers’ rough diamond sales were down 18 percent year-over-year in its latest round of sales.
Sponsored by the Las Vegas Antique Jewelry & Watch Show
The Patek Philippe expert will serve as personal curator for the brand-focused company.
The 553-square-foot shop is aboard the Carnival Jubilee cruise ship.
NDC filed a complaint against Skydiamond for use of phrases like “diamonds made entirely from the sky.”
John Carter received the AGS’s highest honor Tuesday afternoon at Conclave in Austin, Texas.
LVMH said the company performed well despite an uncertain geopolitical and economic environment.
B&D Sales and Service held a ribbon-cutting event for its new location in Cranston, Rhode Island.
It’s ultra-feminine and filled with gold, pearls, and soft pastels.
Emily Highet Morgan and Emily Bennett have joined the agency’s team.
Its updated book for mountings is also now available.
She has been with the organization since 2010, most recently serving as its chief officer of PR and industry relations.