The announcement coincided with its full-year results, with growth driven by its jewelry brands.
Coronet Breaks Record for Most Diamonds Set on A Watch
Marking the brand’s ninth Guinness World Record, the “Mudan” watch is on display at Baselworld now.
Basel, Switzerland—Coronet was awarded the Guinness World Record for the most diamonds set on a watch, the brand announced Friday.
Its “Mudan” watch, which is currently being showcased at Baselworld, tipped the scale with 15,858 diamonds set in 18-karat gold, amounting to a total of 50.01 carats.
The watch design was inspired by peonies, known as the “king of the flowers” in Chinese culture.
Artist and jewelry designer Reena Ahluwalia’s hyper-realistic diamond painting, which can take hundreds of hours to paint, is featured on the dial.
Ahluawalia, who has also collaborated with Coronet on a new watch collection, said her painting is representative of “the shining nobility that we carry within.”
Coronet has nine Guinness World Record nods to its name, including one it received for “most valuable guitar” in 2015.
Its diamond Gibson guitar, named “Eden of Coronet,” featured 11,441 diamonds, weighing in at 401.15 total carats, set in 1.6 kg (about 56.4 ounces) of 18-karat white gold, bringing its value to around $2 million at the time.
Coronet blinged out a guitar in 2016 as well, breaking the record for the most jewels on a guitar after setting 16,033 Swarovski gemstones, including topaz, citrine, rhodolite and cubic zirconium.
The Fender American Deluxe Jazz Bass was played by The Jackson 5 member Jermaine Jackson at the ceremony.
At the 2018 Baselworld show, the Hong Kong-based brand broke the record at the time for the most diamonds set on a handbag.
Its Coca-Cola bottle-shaped accessory featured 9,888 natural diamonds—8,543 black diamonds and 1,345 colorless diamonds—weighing in at 120 carats.
Baselworld will run from March 21 to March 26.
The Latest
Looking ahead, the retailer said it sees “enormous potential” in Roberto Coin’s ability to boost its branded jewelry business.
Jewelry trade show veterans share strategies for engaging buyers, managing your time effectively, and packing the right shoes.
Despite the rising prices, consumers continue to seek out the precious metal.
This little guy’s name is Ricky and he just sold for more than $200,000 at Sotheby’s Geneva jewelry auction.
Though its website has been down for a week, Christie’s proceeded with its jewelry and watch auctions on May 13-14, bringing in nearly $80 million.
Despite the absence of “The Allnatt,” Sotheby’s Geneva jewelry auction totaled $34 million, with 90 percent of lots sold.
Tradeshow risks are real. Get tips to protect yourself before, during and after and gain safety and security awareness for your business.
Lilian Raji gives advice to designers on how to make the most of great publicity opportunities.
The mining company wants to divest its 70 percent holding in the Mothae Diamond Mine in an effort to streamline its portfolio.
Why do so many jewelers keep lines that are not selling? Peter Smith thinks the answer lies in these two behavioral principles.
The “Argyle Phoenix” sold for more than $4 million at the auction house’s second jewels sale.
The annual list recognizes young professionals making an impact in jewelry retail.
Owner David Mann is heading into retirement.
While overall sales were sluggish, the retailer said its non-bridal fine jewelry was a popular choice for Valentine’s Day.
The mining giant also wants to offload its platinum business as part of an overhaul designed to “unlock significant value.”
Christie's is selling one of the diamonds, moving forward with its Geneva jewelry auction despite the cyberattack that took down its website.
The ad aims to position platinum jewelry as ideal for everyday wear.
Retailers can customize and print the appraisal brochures from their store.
The move follows a price-drop test run in Q4 and comes with the addition of a “quality assurance card” from GIA for some loose diamonds.
The site has been down since Thursday evening, just ahead of its spring auctions.
The late former U.S. Secretary’s collection went for quadruple the sale’s pre-sale estimate.
Three fifth graders’ winning designs were turned into custom jewelry pieces in time for Mother’s Day.
Kimberly Adams Russell is taking over the role from her father, David Adams, marking the third generation to hold the title.
As a token of womanhood, this necklace depicts when Venus was born from the sea.
The deal gives the retailer control over the distribution of Roberto Coin jewelry in the U.S., Canada, Caribbean, and Central America.
The company’s Easton location will remain open.