Emmanuel Raheb recommends digging into demographic data, customizing your store’s communications, and retargeting ahead of May 12.
5-Carat ‘Ai’ Fancy Vivid Blue Diamond Goes For $13.8M
Coming in behind it at No. 2 in Sotheby’s Hong Kong jewelry auction was a 3.37-carat pear-shaped fancy intense blue diamond.
Hong Kong—The 5-carat fancy vivid blue ‘Ai’ diamond was named after the Chinese word for love, and one buyer certainly fell for the stone at auction Wednesday—to the tune of $13.8 million, to be precise.
The VS2 step-cut fancy vivid blue diamond set in an 18-karat white gold ring and flanked with baguette diamonds led the Sotheby’s Hong Kong Magnificent Jewels and Jadeite jewelry sale, falling within its pre-sale estimate of $12.5 to $15.3 million.
The jewelry auction totaled approximately $40.2 million.
It seemed like blue diamonds were all the rage, with the Ai diamond followed in the results by another stone of a similar color: coming in at No. 2 was an 18-karat white gold ring set with a pear-shaped fancy intense blue diamond weighing 3.37 carats. It sold for $3.1 million.
Just behind that was a ring centered on a step-cut 18.45-carat white diamond between two shield-shaped diamonds and mounted in platinum that went for $2.3 million.
Rounding out the top five were a 4.31-carat cut-cornered square modified brilliant-cut fancy intense purplish pink diamond set between trapeze-cut diamonds and mounted in platinum and 18-karat white gold, which sold for about $1 million, and a ring set with an old European-cut diamond weighing 10.05 carats in 18-karat white gold that went for about $934,000.
The sale also included a number of pieces from Wallace Chan, the first Asian jeweler to exhibit at the Biennale in Paris in 2012, who today can be seen at such major fairs as The European Fine Art Fair (TEFAF) and Masterpiece in London.
Only one of his works sold at the auction, according to the Sotheby’s website—the earrings pictured above. Featuring tsavorite garnets, brilliant-cut diamonds, jade, emeralds, diamond briolettes and seed pearls, they fell within their pre-sale estimate range when they garnered approximately $88,000.
The auction didn’t sell a tanzanite, chalcedony and diamond ring, expected to garner as much as $230,000, or a pair of earrings featuring conch pearl, various gemstones and diamonds, expected to sell for between $281,000 and $408,000, among other Chan lots.
A number of important jade pieces also didn’t sell Wednesday, including a necklace composed of 51 jadeite beads of a brilliant emerald green color and with “very good” translucency, with a diamond clasp signed Chaumet, and two fine jadeite bangles displaying hues of both lavender and green that were listed separately, with estimates of $665,000-$895,000 and $640,000-$895,000.
To
The Latest
Located in the town of Queensbury, it features a dedicated bridal section and a Gabriel & Co. store-in-store.
The mining company’s Diavik Diamond Mine lost four employees in a plane crash in January.
With Ho Brothers, you can unlock your brand's true potential and offer customers the personalized jewelry experiences they desire.
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.
For over 30 years, JA has advocated for the industry, fought against harmful legislation and backed measures that help jewelry businesses.
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.
B&D Sales and Service held a ribbon-cutting event for its new location in Cranston, Rhode Island.
It’s ultra-feminine and filled with gold, pearls, and soft pastels.
Emily Highet Morgan and Emily Bennett have joined the agency’s team.
Its updated book for mountings is also now available.
She has been with the organization since 2010, most recently serving as its chief officer of PR and industry relations.