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.
Thieves Snatch 20-Carat Diamond at Vegas Show
They used the distraction technique to pull off the jewelry theft Saturday afternoon at one of the trade shows.
Las Vegas--Two men working in tandem stole a 20-carat diamond from an exhibitor’s booth in Las Vegas, the Jewelers Security Alliance said in an alert issued Thursday afternoon.
It is the biggest jewelry theft at a trade show so far this year, and one of the largest in recent years.
The incident began just before 3 p.m. on Saturday, June 2 at the booth of an “international diamond exhibitor” at one of the jewelry trade shows. (The JSA does not disclose the victim’s name or the name of the trade show in cases such as this.)
The two suspects, pictured below, approached the booth and were able to reach over the showcase and slide it open while employees weren’t looking because it was not locked.
About 10 minutes later, the pair came back and entered the booth. While one suspect chatted with the exhibitor at a table, the second man moved to the corner of the booth and took a 20-carat diamond from the open showcase.
JSA President John J. Kennedy said Thursday that he does not have a grading report from the diamond, so neither a price estimate nor additional details about the stone are available at this time.
He added that this is the largest jewelry theft at a trade show so far this year and one of the largest he knows of in recent years.
The JSA reminds exhibitors not to leave showcases unlocked at jewelry trade shows, expect when actually taking out merchandise or putting it back in.
They also need to have enough personnel at their booths so they can keep an eye on everyone at all times.
The Latest
Despite the absence of “The Allnatt,” Sotheby’s Geneva jewelry auction totaled $34 million, with 90 percent of lots sold.
Lilian Raji gives advice to designers on how to make the most of great publicity opportunities.
Despite the rising prices, consumers continue to seek out the precious metal.
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.
Tradeshow risks are real. Get tips to protect yourself before, during and after and gain safety and security awareness for your business.
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.
Show your mother some love with a piece of fine jewelry.
The company’s Easton location will remain open.
Brian D. Fleming of Carla Corporation was elected to serve a one-year term in the role.
Sponsored by the Las Vegas Antique Jewelry and Watch Show
Tobak, author of “Ice Cold: A Hip-Hop Jewelry History,” shares how the exhibition came to be, and the pieces people may be surprised to see.