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TrendsMay 20, 2016
Week in Photos – May 16, 2016
As if taking notes from Pantone’s colors of the year, the two most notable stones in the auction world this week were a 15.38-carat pink and a 14.62-carat blue diamond.
Big, beautiful colored diamonds selling for millions at auction and Las Vegas market week prep dominated the headlines this week.
Geneva played host to the sale of two exceptional fancy colored diamonds. At Sotheby’s, the 15.38-carat pear-shaped Unique Pink garnered $31.6 million, while Christie’s set a record for price paid for a jewel at auction with the hammer coming down at $57.5 million for the Oppenheimer Blue.
The countdown to Las Vegas continued with news of events and launches taking place during market week. National Jeweler’s latest digital magazine also was released, providing tips for shopping the shows and cheap eats in Sin City.
Meanwhile, the World Gold Council reported on the increased gold jewelry demand in the United States and an industry veteran joined colored stone miner Gemfields.
See it all and more in the week’s photo slideshow.
De Beers and the government of Namibia signed a 10-year sales agreement for the sorting, valuing and sales of the diamonds they mine in partnership in the country.
Sally Morrison, previously with the Diamond Producers Association, has been hired by colored gemstone miner and marketer Gemfields as the company’s director of marketing and sales for the Americas.
As Las Vegas market week creeps closer, the pre-show countdown continued on the National Jeweler website, with this week’s coverage including the free screening of a documentary and the launch of a colored stone bridal collection from K Brunini, pictured here, at Couture.
The largest and finest fancy vivid blue diamond ever to appear at auction, the Oppenheimer Blue, became the most expensive jewel sold at auction this week when it went for $57.5 million in Geneva.
The 15.38-carat pear-shaped “Unique Pink” went for $31.6 million, or $2.1 million per carat, at Sotheby’s Geneva, coming in at the low end of its pre-sale estimate.
For the ninth consecutive quarter, gold jewelry demand was up in the United States, albeit slightly at 2 percent.
Long’s Jewelers rewarded one local woman who completed the World Marathon Challenge--seven marathons on seven continents in seven days--with a gold Heather B. Moore globe pendant.
National Jeweler released the latest edition of its quarterly digital magazine, a pre-Las Vegas market week issue that covers new designers at Couture, how to navigate the antique show and the best places to eat in Sin City for cheap.
The Diamond Empowerment Fund announced that California-based jewelry designer Mark Patterson won its bracelet redesign contest with a braided leather cord design that features a gold-plated diamond-shaped charm.
An Alaska community is rallying around the family of Duilio “Tony” Rosales, a bench jeweler at The Jewel Box in Juneau who was shot in the back of the head during a hunting trip on Sunday. Pictured here are sketches of rings by Rosales.
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