Sotheby’s To Auction 94-Carat Paraíba Tourmaline
The stone is expected to fetch up to $2.7 million.

The 93.94-carat gem named “The Blue Lagoon” is estimated to sell for 1.3 million-2.5 million CHF, or $1.4 million-$2.7 million.
The stone is a Cuprian tourmaline from Mozambique, which has emerged as not only the world's most productive country for the gemstone, but also as one of the leading sources for top-quality colored stones, according to Sotheby’s. This summer at Sotheby’s New York, a 55.22-carat ruby from the country sold for over $30 million.
Paraíba tourmalines, a variety of Cuprian tourmalines, get their name from the Paraíba region of Brazil where they were first discovered in the 1980s, but the term is now granted to greenish-blue specimens of vivid to deep saturation, regardless of the source.
The variety has become one of the most highly sought-after gemstones in the world, Sotheby’s said, often commanding prices surpassing those paid for fine sapphires, rubies, and emeralds.
Top quality Paraíba tourmalines display an extraordinary electric blue hue but are typically small and have a “significant degree” of internal imperfections.
“[The Blue Lagoon’s] impressive size, superlative clarity, and enchanting turquoise color—all achieved without the aid of heat treatment—recall the crystalline waters of a tropical paradise,” Sotheby’s said.
“The Blue Lagoon” is set in a bespoke high jewelry necklace by the 130-year-old European Maison Adler Joailliers, conceived and created exclusively for this stone. The piece features a waterfall of more than 76 carats of round, marquise- and pear-shaped diamonds.
The Paraíba tourmaline is accompanied by a Bellerophon report brochure and an SSEF report with an appendix attesting to its “exceptional” size and quality. The original sketch of the necklace design is also included.
The auction is part of Sotheby’s Luxury Week, a biannual seasonal series held in Hong Kong, New York and Geneva, offering lots across jewelry, watches, handbags, and accessories.
The Latest

JSA and Jewelers Mutual shared advice on spotting suspicious behavior, combatting cell phone jammers, and staying safe at home.

“Secret Language of Victorian Jewelry” unveils the meaning behind the symbols, motifs, and gemstones used in Victorian-era jewelry.

Experience gemstones with greater precision and comfort than ever before.

KIRAJewels.one gives retailers access to more than 500 SKUs of lab-grown diamond rings, earrings, necklaces, and bracelets.


This holiday season, look to pieces that will help to fill out customers’ everyday diamond jewelry wardrobe, experts say.

The Natural Diamond Council is now The Diamond Collective and has announced a new strategy under CEO Amber Pepper.

Submit your pieces for a chance to win in this year's competition.

Paul’s Jewelers sells coffee, chocolate, and cookies from a custom gold-wrapped trailer parked outside the store starting at 7 a.m.

Part of its brand relaunch, the marketing around the campaign includes a contest involving a jacket set with 550 diamonds.

The curation, opening soon at the Crystal Bridges Museum of American Art, honors the jeweler’s heritage through a distinctly American lens.

The jewelry giant has partnered with the famed makeup artist to create a colorful new collection of charms and rings.

The association will mark the milestone at its convention next month.

The jeweler donated school supplies to Memphis, Tennessee, students during the event combining basketball and mentorship.

A federal judge denied Pandora’s motion to dismiss Foundrae’s claim for copyright infringement of its medallions.

People aren’t thinking rationally when they are buying luxury products, and we shouldn’t be selling them that way, Peter Smith writes.

The Baltimore Business Journal recognized the entrepreneur for her leadership in business and the jewelry industry.

The facility is located within SEEPZ and is GCAL by Sarine’s second location in India, joining its existing grading lab in Surat.

The four-day show is slated for Nov. 19-22 at the Metropolitan Pavilion in New York City’s Chelsea neighborhood.

Bernstein-Gulla has been working in the jewelry industry for 40 years, most recently as chief engagement officer for Hill & Co.

The relocated Glendale store, now at The Americana at Brand, was designed to be a contemporary “timepiece haven” inspired by luxury resorts.

The top lot of the auction house’s Hong Kong jewelry sale was an Art Deco Mauboussin necklace with ruby beads, which sold for $2 million.

Retailers and manufacturers headed to the Capitol this week to discuss tariff exemptions for diamonds and gemstones, among other issues.

Our Piece of the Week is a pair of drop earrings from the “Sway” collection featuring Nanis’ first use of mirror-polished gold.

SynthDetect 2 can scan a full tray in less than five minutes, De Beers said, making it six times faster than its predecessors.

Two metal detectorists discovered the ring, which may have belonged to English noblewoman Matilda of Lancaster, in Suffolk.

The bill has a provision that allows the president to raise tariffs on countries that import Russian oil and gas to as much as 100 percent.

























