About a month ago, we posted about the Pink Star diamond, a 59.6-carat diamond that was expected to sell for at least $60 million at a Sotheby’s auction in Genevathis month. The Pink Star was mined in South Africa by De Beers in 1999, where it was originally named the Steinmetz Pink. It is one of […]
Red Diamonds in Demand
Posted on October 31st, 2013 by Joe G
The Argyle mine in Western Australia produces about 90% of the world’s rare pink diamonds, and is the world’s largest supplier of natural colored diamonds. In this year’s pink diamonds tender, Rio Tinto recently sold one of these rare gems, which fetched the highest price-per-carat of any diamond produced in the mine. The 1.56-carat fancy red […]
Christie’s Jewel Auction
Posted on October 17th, 2013 by Joe G
Two colored diamonds raked in $10.3 million at Christie’s New York Magnificent Jewels auction Tuesday. Among the items up for sale? The diamond engagement ring given to Kim Kardashian by ex-husband Kris Humphries. Humphries’ ring (pictured), originally purchased for $2 millions, sold for $749,000 and was the 12th highest result in the sale. The top […]