Skelly shares her plans for reimagining the fine jewelry retailer she re-acquired after it faltered last year.
8-Carat Blue Diamond Could Sell for $25M
The “Sky Blue Diamond,” a fancy vivid blue, will headline Sotheby’s Magnificent Jewels and Noble Jewels sale Nov. 16 in Geneva.

Geneva--The trend of notable blue diamonds taking center stage at auction will continue next month in Geneva.
An 8.01-carat fancy vivid blue diamond, dubbed “The Sky Blue Diamond” to emphasize its rare hue, will headline the Magnificent Jewels and Noble Jewels at Sotheby’s Geneva on Nov. 16.
Set in a ring by Cartier, it is expected to sell for between $15 and $25 million.
Sotheby’s said the stone has been graded as a fancy vivid blue by the Gemological Institute of America, and also was found to have excellent polish and to be Type IIb.
“The Sky Blue Diamond is a wonderfully clear celestial blue, presented in an extremely elegant square emerald cut--in my view, the most flattering of all the cuts for a colored diamond,” said David Bennett, worldwide chairman of Sotheby’s jewelry division.
Sotheby’s has set a new world record auction price for blue diamonds twice over the past couple of years.
In April, the De Beers Millennium Jewel 4, one of the dozen rare diamonds De Beers assembled to mark the year 2000, sold for $31.8 million at Sotheby’s Hong Kong, making the 10.10-carat oval-shaped fancy vivid blue diamond the most expensive jewel ever sold at auction in Asia.
In November 2015, the auction house sold a 12.03-carat fancy vivid blue diamond called the Blue Moon of Josephine for $48.5 million, making it the most expensive jewel ever sold at auction anywhere. It also set the per-carat record for any diamond, at $4 million per carat.
However, the Blue Moon’s record price ultimately was trumped by The Oppenheimer Blue, a 14.62-carat VVS1 clarity fancy vivid blue diamond that became the most expensive jewel ever sold at auction when it garnered $57.5 million at Christie’s Geneva in May.
Sotheby’s Nov. 16 sale in Geneva also will include more colored diamonds, as well as colored gemstones and period jewels with noble provenance, such as a historic diamond choker from the second half of the 18th century that was in the collection of the imperial Russian family.
The Latest

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.

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

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.

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

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.

Bulgari named Gyllenhaal as its brand ambassador for his embodiment of artistic depth, intellectual curiosity, and warmth.

Awards were given to four students, one apprentice, and an emerging jeweler.

Moses, who started at GIA’s Santa Monica lab in 1976, will leave the Gemological Institute of America in May.

Increased competition, falling lab-grown diamond and moissanite prices, and the rising cost of gold took a toll on the moissanite maker.

The earrings, our Piece of the Week, feature pink tourmalines as planets orbiting around an aquamarine center set in 18-karat rose gold.

“The Price of Freedom” campaign video for International Women’s Day confronts the quiet violence of financial control.

Also, a federal judge has ordered that companies that paid tariffs implemented under the IEEPA are entitled to refunds.

The ever-growing collection, which just expanded with the addition of Olga of Kyiv, features cameos of 12 women from history.

We asked a jewelry historian, designer, bridal director, and wedding expert what’s trending in engagement rings. Here’s what they said.

The annual event will be held in Orlando, Florida, from Sept. 14-17.

The “Outlander” star modeled for the digital cover of the magazine’s spring issue, which features a story on her relationship with jewelry.

This year’s annual congress, which will mark the confederation’s 100th anniversary, will take place this fall in Italy.

Beverly Hills was chosen as the location for the brand’s first store, designed as a “private residence for modern monarchs.”

Kering, Apple, and other retailers have reportedly temporarily closed stores in the Middle East region in light of the recent conflicts.

Beth Gerstein discusses the vibe of the new store, what customers want when fine jewelry shopping today, and the details of “Date Night.”

Nearly half of buyers are prioritizing silver and fashion collections this season, organizers said.





















