A double-digit drop in the number of in-store crimes was offset by a jump in off-premises attacks, JSA’s 2023 crime report shows.
Record sale lands famous ruby back in Graff hands
The “Graff ruby,” a stone weighing 8.62 carats that possesses the vivid, desirable hue known as pigeon’s blood, was purchased for a record-breaking $8.6 million at Sotheby’s on Wednesday.
In addition, the sale also raised the price-per-carat record for a ruby to $997,727.
Sotheby’s Nov. 12 “Magnificent Jewels and Noble Jewels” sale brought together a group of exceptional jewels and gems from the collection of Greek financier and gem collector Dimitri Mavrommatis, as well as a number of pieces with a noble provenance. The ruby was one of the pieces that belonged to Mavrommatis, having bought it from Graff after it was purchased at auction eight years ago.
The sale totaled $95.3 million and was 90 percent sold by lot and 92 percent sold by value.
In addition to the Graff ruby, another lot in the sale also set a record--a 27.54-carat Kashmir sapphire and diamond ring set a world auction record for a Kashmir sapphire when it was purchased by a private Asian buyer for $6 million.
Other top lots in the sale included a pair of oval-shaped, D color, Type IIa diamonds that sold for $7.1 million, a natural pearl and diamond necklace with a royal provenance that nearly tripled its estimate when it garnered $3.4 million, and a rare fancy intense blue diamond ring of 3.16 carats that also was purchased by Laurence Graff for $3.2 million.
Rounding out the top 10 lots from the Sotheby’s sale are a marquise-shaped, D color diamond ring weighing 16.37 carats that sold for $2.4 million; a step-cut diamond ring weighing 13.27 carats that went for $2.2 million; and a pair of brilliant-cut diamond stud earrings that are both D color and internally flawless that garnered $2.1 million, among others.
The full results of the sale can be found on the Sotheby’s website.
The Latest
Inspired by the Roman goddess of love, the designer looked to the sea for her new collection.
The luxury titan posted declining sales, weighed down by Gucci’s poor performance.
With Ho Brothers, you can unlock your brand's true potential and offer customers the personalized jewelry experiences they desire.
The selected nine organizations have outlined their plans for the funds.
The mining company’s Diavik Diamond Mine lost four employees in a plane crash in January.
The crown introduced a dozen timepieces in Geneva, including a heavy metal version of its deep-sea divers’ watch.
For over 30 years, JA has advocated for the industry, fought against harmful legislation and backed measures that help jewelry businesses.
Emmanuel Raheb recommends digging into demographic data, customizing your store’s communications, and retargeting ahead of May 12.
Located in the town of Queensbury, it features a dedicated bridal section and a Gabriel & Co. store-in-store.
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.
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.