The president made the announcement via Truth Social Wednesday, adding that India also will face a penalty for its dealings with Russia.
Aquamarine Fabergé Tiara Heads to Auction
A gift from a grand duke to his bride in 1904, the aquamarine and diamond piece could sell for up to $340,000 at Christie’s Geneva May 15.

Geneva—A historic Fabergé tiara given by the regent of Mecklenburg-Strelitz in northern Germany to his bride in the early 1900s is heading to auction for the first time next month.
Made in 1904 as a wedding gift from Frederick Francis IV, Grand Duke of Mecklenburg-Schwerin (1882-1945), to Princess Alexandra of Hanover and Cumberland (1882-1963), the piece is comprised of nine graduated pear-shaped aquamarines and old, cushion and rose-cut diamonds.
It will make its auction debut more than a century after its creation at Christie’s Magnificent Jewels sale in Geneva on May 15, where it’s expected to sell for between $230,000 and $340,000.
The tiara features forget-me-not flowers tied with ribbon bows, symbolizing true and eternal love, Christie’s said. They are being pierced by arrows representing cupid, an icon of endearment, attraction and affection.
According to the auction house, the Grand Duke’s mother, Grand Duchess Anastasia Mikhailovna of Russia, was a renowned collector of Fabergé pieces and encouraged him to order the wedding present for his bride at the jeweler’s atelier in St. Petersburg.
Archives show correspondence then between the Grand Ducal Cabinet of Mecklenburg-Schwerin and Eugène Fabergé deliberating on the commission of an important jewel.
One of the letters dated May 10, 1904—less than a month before the wedding—offered possibilities of what the storied jeweler could offer: a diamond tiara for 10,000 roubles or an aquamarine and diamond tiara for 7,500 roubles. Using only aquamarines in the tiara, it added, wasn’t an option.
Another letter referred to design drawings proposed by Fabergé for the top section of the tiara, which had been sent to the Grand Duchess Anastasia Mikhailovna for her son’s approval.
These drawings went missing, though, and Fabergé said he had no copies for himself and didn’t know which design the Grand Duke had preferred.
With only two weeks left until the wedding, he wrote to the Grand Ducal Cabinet, saying he had not yet received any instructions on how to proceed. He asked, for a second time, for the return of the drawings so he could continue his work.
The responding letter, though, noted completion in time for the wedding on June 7, as the Grand Duke requested.
But even for a royal piece, Fabergé’s response was simple: it was impossible to execute in such a short time.
On her wedding day, Princess Alexandra ended up wearing the traditional Hanoverian nuptial crown set with diamonds that had been
The aquamarine and diamond Fabergé tiara from her husband would follow later.
The Latest

The luxury titan’s star brand Gucci continued to struggle amid a "tough" environment.

Its opening marks the completion of the retailer’s new 11,000-square-foot store in the Texas capital.

As a leading global jewelry supplier, Rio Grande is rapidly expanding and developing new solutions to meet the needs of jewelers worldwide.

Respondents shared concerns about tariffs and commentary on the “Big Beautiful Bill.”


“Making a Killing in Diamonds” tells the story of Mimi Rosen, the disappearance of a scientist, and the murder of lab-grown diamond CEO.

Senior Editor Lenore Fedow learned a lot when she took a behind-the-scenes factory tour with the jewelry brand earlier this year.

The Seymour & Evelyn Holtzman Bench Scholarship from Jewelers of America returns for a second year.

The first-time exhibitors, set to debut at the New York City show, share a devotion to craftsmanship, storytelling, and material integrity.

The online auction house’s September sale will feature rough Brazilian emeralds of various qualities.

She’ll lead an executive committee consisting of President-Elect Bryan Moeller, Mitchell Clark, Bill Farmer, and Larry Rickert.

Announced Sunday, the deal will set the tax on goods imported into the United States from the European Union at 15 percent.

A new edition of the Italian brand’s “Ipanema” collection has debuted with gemstones that evoke Brazil’s breathtaking views.

The retailer will refer its customers to WonderCare, founded by venture capitalist and watch collector Kevin O’Leary.

The jeweler’s largest store yet is set to open in Little Rock next fall.

Anne Hathaway was seen wearing the toggle necklace three times while filming scenes for “The Devil Wears Prada 2.”

Jewellery & Gem World Hong Kong is scheduled for Sept. 15 to 21, and buyer pre-registration will be available until Sept. 7.

Renovations at Tiffany & Co. stores ate into profits in the company’s watch and jewelry division.

Mark and Candy Udell of London Jewelers will receive the honor at the 24th annual Gem Awards next March.

While struggles continue at the mining and trading end of the pipeline, consumer demand for diamond jewelry is holding steady.

The “Fantasia” jewelry collection turns the intaglio animals from her “Close Encounters” collection into 3D characters.

The special Classic Avi Chronograph 42 with an Eagles-green dial is limited to 59 pieces, a nod to the Super Bowl Philadelphia just won.

JSA has received reports of mobs swarming jewelry stores, driving cars into the storefront or smashing through the windows.

The “Kashmir” collection features centuries-old craft techniques made in collaboration with the region’s master papier-mâché artisans.

Creative Director Erica Bianchini shared why the jeweler is looking to expand into the U.S. and how it’s putting Canadian craftsmanship on the map.

Two Los Angeles Fire Department stations plan to use the donations to upgrade their equipment and tools.

Next week, the auction house will kick off a selling exhibition of jewelry by British artist Hannah Martin and Coldplay’s Guy Berryman.