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A big blue diamond sells for $16 million, another big retailer goes bankrupt, beautiful rubies for July, and more.
The July 9 Magnificent Jewels auction in Hong Kong totaled $39.8 million.
It sold for $2.1 million at Christie’s online-only jewelry auction, which ended Tuesday.
The two lots lead the Sotheby’s Hong Kong Magnificent Jewels auction July 10 as the house resumes live events in Asia.
The jewels feature diamonds from Russian miner Alrosa.
Christie’s Magnificent Jewels auction in Hong Kong will be one of the auction house’s first live sales since the onset of the COVID-19 pandemic.
The piece worn by Paul Mescal’s character has become a star in its own right, and now he’s leveraging its celebrity to raise money for a mental health nonprofit.
The top lot of Freeman’s Jewelry & Watches sale turned out to be a 10.07-carat old European-cut diamond ring, sold for $75,000.
National Jeweler

Fine Jewelry Industry News

Since 1906, National Jeweler has been the must-read news source for smart jewelry professionals--jewelry retailers, designers, buyers, manufacturers, and suppliers. From market analysis to emerging jewelry trends, we cover the important industry topics vital to the everyday success of jewelry professionals worldwide. National Jeweler delivers the most urgent jewelry news necessary for running your day-to-day jewelry business here, and via our daily e-newsletter, website and other specialty publications, such as "The State of the Majors." National Jeweler is published by Jewelers of America, the leading nonprofit jewelry association in the United States.