Held just before the Oscars, the jewelry industry’s big awards show had its share of standout jewelry, gowns, and acceptance speeches.
See the World’s Largest Flawless Heart-Shaped Diamond
The “Graff Venus” weighs in at 118.78 carats.

London--Graff Diamonds has unveiled what it reports to be the world’s largest D flawless heart-shaped diamond, which it has dubbed the “Graff Venus.”
The stone weighs in at a whopping 118.78 carats. It’s a type IIa diamond, meaning it has no visible nitrogen impurities. It is also free of fluorescence and, according to Graff, boasts excellent symmetry.
“The stone itself is beyond words,” said Graff Diamond Chairman Laurence Graff. “It is the most beautiful heart-shape diamond I have ever seen.”
The stone was cut from a 357-carat rough diamond discovered at Lesotho’s Letšeng mine in 2015. It sold for $19.3 million at tender.
The stone was so large that Graff had to develop special tools to cut it. From the time the diamond that became known as the Graff Venus was discovered, the process of analyzing, mapping, cutting and polishing took 18 months in total.
“We were given a once-in-a-lifetime opportunity with the Graff Venus and we created absolute perfection. I am proud to say that we delivered the very best,” said Laurence Graff.
Graff Diamonds said it has cut and polished more than half of the 20 largest diamond discovered this century.
The Latest

The Academy Award-winning actress stars in Tiffany & Co.’s latest commercial, which debuted Sunday night during the Oscars.

The organizational change follows Kering’s promise of a transformation after declining sales in 2025.

Every jeweler faces the same challenge: helping customers protect what they love. Here’s the solution designed for today’s jewelry business.

Natalie Francisco rounds up the top Oscars jewels, including Rose Byrne’s Taffin necklace with a more than 20-carat yellow-brown diamond.


Béatrice Goasglas has been with TAG Heuer since 2018. She is the first woman to head the 166-year-old, LVMH-owned watch brand.

The store features the first in-store build for the jeweler’s in-house “Bella Ponte” bridal brand.

With refreshed branding, a new website, updated courses, and a pathway for growth, DCA is dedicated to supporting retail staff development.

The live fine jewelry auction will take place later this week, showcasing antique pieces, rare gemstones, and signed jewels.

Our Pieces of the Week honor the 2026 nominees for the Gem Award for Jewelry Design, Silvia Furmanovich, Cece Fein-Hughes, and Catherine Sarr.

The 24-piece watch collection is set to debut in spring 2027.

The reopening of the Waldorf Astoria means a homecoming for the industry group’s annual event, which will take place Saturday.

McCormack looked to the 19th century’s “golden age” of astronomy when designing her new celestial-themed collection.

Nelson will be honored as the inaugural grant winner at the Gem Awards gala on Friday.

The new smart design software allows jewelers to configure, price, and confirm a custom engagement ring in real time for in-store customers.

The 10,000-square-foot diamond manufacturing facility officially opened in late February and employs 50 people.

The MJSA Education Foundation’s scholarships support students pursuing jewelry careers.

The largest white diamond to come to market in the U.K. in more than a decade, the VVS1, I-color stone is expected to top $1 million.

Skelly shares her plans for reimagining the fine jewelry retailer she re-acquired after it faltered last year.

The collection takes inspiration from the emotional space between people, moments, and experiences.

In 2026, the jewelry retailer is celebrating a milestone only a small percentage of family-owned businesses survive to see.

The group of jewelers held a jewelry raffle in support of the Children’s Hospital of Richmond at VCU.

The jewelry giant released preliminary results for the fourth quarter and full year on Monday, with final results slated to come next week.

The retailer also gave an update on its vendor partnerships.

The award-winning actress is the “epitome of modern allure,” the brand said.

The “Bloom” collection draws from the flower power movement of the 1960s and ‘70s with inlay pendants offered in eight colorways.

The unique piece was one of the custom works offered at the foundation's recent silent art auction, which garnered nearly $15,000 in total.
























