GIA Pilots Jewelry Reports

the Gemological Institute of America (GIA) has announced a pilot program for jewelry reports, which will include metal verification, links to existing loose diamond GIA grading reports and clarity, color and carat of other diamonds. Customers will be able to choose to add services such as new engravings or a 360° video. Interested parties can register on a waiting list


Signet Adds LGD Value Warning to Receipts

According to the New York Post, jewellery retail giant Signet, started printing a buyer's warning on all of its Labgrown Diamond sales. The statement reads "Lab-created diamonds have the same optical, chemical and physical properties as natural diamonds. However, because lab-created diamonds can be produced in abundance, they are less expensive and make larger diamonds more affordable.


De Beers & Signet Announce Marketing Collab

In a statement, Signet, one of the largest diamond retailers in the world and diamond miner De Beers announced they will be collaborating on a marketing project to boost demand for natural diamonds.


High Stakes in Hong Kong and Geneva Jewelry Auctions

The world of high-end jewelry auctions recently witnessed a dazzling display of opulence and prestige, with events in both Hong Kong and Geneva showcasing exceptional diamonds, gemstones, and exquisite craftsmanship.


Jewelers Report Sales Increases in March

In the the latest Monthly Sales Survey, conducted by Instore Magazine,  146 jewelers were asked to compare their March sales with those of the same month last year. While some businesses experienced significant gains, others faced challenges. Here's a breakdown of the key findings:


Sales Performance Overview:


Mouwad Presents Miss Universe Crown: ‘Force For Good’

This year Lebanese Jeweler Fred Mouawad unveiled the newly crafted crown for the Miss Universe pageant following a 3-year partnership with The Miss Universe Organization.
Commenting on the relationship between the two entities, the jeweler stated, “the creative partnership draws on Mouawad’s strong heritage of designing jewellery for royalty and its reputation for crafting the extraordinary to craft exceptional, one-of-a-kind pieces befitting modern-day royalty.”


Damiani and Roberto Coin will Exhibit this January at the Returning Vicenza Expo Trade Show

The Italian Exhibition Group is holding the annual jewelry trade show at the Vicenza Expo Centre in Italy, from Jan. 20-24, alongside T. Gold, the technology and machinery show. More than an estimated 1,200 brands from 33 countries will be present at the event, featuring  a mix of new and returning jewelry designers.

VO Vintage, IEG’s vintage watch and jewelry show, will also return from Jan. 20-23, and is open to the public.

The show will welcome back key brands, including Damiani, Roberto Coin, and Crivelli as well as Fope, Leo Pizzo, Annamaria Cammilli, and Crieri.


Leviev Unveils “Empresses” Diamonds for Royal Family

With the imminent coronation of England’s newest monarch, Leviev Diamonds has unveiled “Empresses” — two rare, pristinely cut stones to pay tribute to Camilla, Queen Consort and Her Royal Highness Catherine, The Princess of Wales.

JewelryWorld News

De Beers Announces That Molefi Letsiki Diamonds Will Become First Majority Black-Owned Sightholder

Molefi Letsiki is the chairman of the South African Diamond Dealers Club, executive committee member of The World Federation of Diamond Bourses and one of the founding members of Young Diamantaires. He is also the co-founder and former president of the South African Young Diamond Beneficiators Guild which aims to achieve increased diamond beneficiation of African produced rough diamonds, and ambassador of World Diamond Council systems of warranties.

World NewsJewelry

Phillips Announces Auction of Fancy Intense Pink Diamond Necklace Set for Dec. 13, 2022

Philips has set the auction date of December 13, 2022, for the sale of lot-139, a Fancy pink diamond Boodles Necklace, among other pieces.
Set with an oval fancy intense pink diamond weighing 4.05 carats, the chain highlighted with collet-set brilliant-cut diamonds, mounted in platinum, length approximately 18 1/8 inches, signed Boodles, case stamped Boodles. The piece is accompanied by a certified GIA report (no. 2155635097), stating that the diamond is Fancy Intense Pink, Natural Color, with VS2 Clarity.


Rio Tinto Presents the Diavik Midnight Sun

A one-of-a-kind yellow and pink diamond ring showcasing the finest gems from Rio Tinto’s diamond mines has been unveiled in Sydney. Titled the Diavik Midnight SunTM, this statement piece is a powerful symbol of the union of two of the world’s most coveted jewels: yellow diamonds from Rio Tinto’s Diavik diamond mine in sub-Arctic Canada, and Argyle Pink DiamondsTM from the iconic mine in the remote East Kimberley region of Western Australia.


Phillips Hong Kong Announces Auction of 26-Carat Diamond

Phillips auction house in Hong Kong has announced that it will hold its Jewels and Jadeite sale on Nov. 27. The event will be putting some of the rarest diamonds (both colored and colorless), Burmese rubies, vivid yellow diamonds along with other items on the ballot. The highlight of the auction is a brilliant-cut 26.12 ct. unmounted diamond that’s expected to fetch between $2.3 million and $3 million. Not only is the stone considered the most chemically pure of all diamonds as a type IIa, it’s D flawless, which is regarded as the most coveted of the colorless diamond spectrum.


Williamson "Pink Star" Sets World Record For Highest Price per Carat

Selling to an undisclosed buyer at the Sotheby’s auction house in Hong Kong, the Williamson Pink Star diamond sold at 58 million dollars, fetching more than double the anticipated sales price. The pastel-hued diamond was named in honor of two other pink diamonds, the CTF Pink Star, which sold for $71.2 million in 2017, and the "Williamson" diamond, a pink diamond gifted to Queen Elizabeth II.
The pink colored 11.15-carat diamond is a rare find among gem quality stones and was discovered at the well-known Mwadui mines in Tanzania.


Iris Van der Veken Heads Luxury Brands Sustainability Project

The “Watch & Jewellery Initiative 2030”, initiated last year by Cartier (Richemont) and conglomerate Kering, has appointed Belgian Iris Van der Veken, former Executive Director of the Responsible Jewellery Council (RJC), as Executive Director and Secretary General. Van der Veken’s task will be to set up a governance structure that can help the initiative to reach its goals, enabling participating brands and companies to achieve commitments regarding climate, diversity, health and safety, labor conditions etc.


Lab-grown Diamond Jewelry Sales on the Rise: Ecologically or Budget Driven?

According to CNN Business, lab-grown diamond jewelry sales are surging. But why is that? CNN asked a few diamond specialists to weigh in on this matter.

Independent diamond industry analyst Edahn Golan confirmed the increase. March data showed the number of sold engagement rings with a lab-grown diamond rose by 63% compared to last year, while the sales of engagement rings with a natural diamond declined by 25% in the same period.

SustainabilityMarket AnalysisJewelry

Balmain Set to Debut Gender-Neutral Fine Jewelry Collection

This summer, French luxury house Balmain will debut their first fine jewelry collection of gender-neutral and socially conscious pieces. The company shared they would use ethically sourced 18-karat gold, “conflict-free minerals”, and traceable gemstones.


"And let it be said, the lab-grown companies aren’t exactly charities – they’re like any other technology company out there to make money."