Our Pride Month Piece of the Week, the “Margaux” ring, is part of the wife-and-wife team’s new “Lovestoned” collection.
Sotheby’s Selling 100-Carat Round Brilliant for Over $33M
The D color, flawless diamond is available through private sale at the Sotheby’s Diamonds retail store in London.

London--On the occasion of the first anniversary of the opening of Sotheby’s Diamonds, the auction house’s retail boutique on New Bond Street, Sotheby’s is unveiling a very rare diamond for sale.
It’s offering a 102.34-carat, Type IIa, D color, flawless, round brilliant diamond.
Sotheby’s said the GIA-graded stone is the largest round, D color, flawless diamond on record, and the only round brilliant over 100 carats with perfect color and clarity.
The auction house displayed the stone to the public Feb. 8 and 9 at the New Bond Street salon.
De Beers mined the original rough diamond, which weighed 425 carats, in Botswana about two years ago, then Diacore cut and polished the stone in Johannesburg and New York over a period of six months.
Though Sotheby’s isn’t publicly disclosing the exact asking price, a spokesperson for the auction house told National Jeweler it expects the diamond to sell for more than any of the seven diamonds over 100 carats sold at auction, of which Sotheby’s sold five.
The most expensive of those stones was a 118.28-carat D color, flawless, Type IIa oval diamond that sold for $30.8 million, or $260,252 per carat, at Sotheby’s Hong Kong in October 2013. It currently holds the price-per-carat record for a colorless diamond at auction.
Sotheby’s said that the round will not only beat that price per carat, but also top the highest price paid for any diamond jewelry at auction, which stands at $33.7 million for De Grisogono’s “The Art of De Grisogono, Creation I,” auctioned at Christie’s last November. That necklace featured a 163.41-carat emerald-cut stone.
The asking price for this stone is “considerably higher,” Sotheby’s said.
Patti Wong, founder and chairman of Sotheby’s Diamonds, said: “This stone is over 100 carats of flawless perfection. In the course of my long career, which has brought me close to some of the greatest stones the earth has ever yielded, I have not encountered anything quite like this.
“With its outstanding weight, its perfect color, clarity and cut, it is a masterpiece of nature brought to life by human hand, blazing with a brilliant
Sotheby’s operates two other Sotheby’s Diamonds retail locations, one in New York and one in Hong Kong.
The Latest

The group has named the keynote speaker and announced a new pavilion for its next event, which is slated for September.

From lions and hippos to snails and fish, Senior Editor Lenore Fedow wrangles her picks for cutest jewelry critters in Las Vegas.

As gold prices rise, today’s retailers are looking for alternatives at prices that will appeal to wider audiences.

The big stone will be fashioned into a 20.26-carat diamond in celebration of the retailer’s 100th anniversary this year.


Marie-Laure Cérède will join Chanel as the new director of its jewelry creation studio, starting in October.

At the JCK show, the lab-grown diamond brand teamed up with Jewelers for Children to support Make-A-Wish India.

With the trade and customer trust in mind, GIA® developed NextGem™ – on-demand training designed specifically for retail.

Ilana McCabe is Signet’s vice president of public relations and brand communications.

The approval means the retailer is on track to exit bankruptcy proceedings this summer.

The men are believed to be part of the group of several masked suspects that robbed Marc Robinson Jewelers in April.

The bridal-focused brand is also launching its Custom Atelier this summer, a digital custom design tool for its authorized retailers.

The De Beers Group CEO also discussed tariffs, Desert Diamonds, and the pending sale of De Beers in an interview with Michelle Graff.

The industry veteran is bringing his 56-year run in the fine jewelry sector to an end.

The panel discussion will feature LGBTQ+ leaders across the jewelry, luxury, and creative industries.

Inspired by a locket that got run over, the “Smash” capsule collection reimagines the shape of Lichtenberg’s signature style.

The company has promoted Katherine Whitacre to the role.

The jewelry manufacturer has added Taylor Swift-esque diamond shapes, and more silver, gold vermeil, and gold-plated jewelry.

Morrison has been marketing diamonds on and off since the early 2000s and said she is leaving to “pursue new projects.”

Those born in June can celebrate with pearl, alexandrite, and moonstone jewelry.

The platform allows retailers to guide clients through a customizable engagement ring buying experience in a branded interface.

Jim Springer, owner of Dunkelberger’s Fine Jewelry, is heading into retirement.

When conducting its May consumer confidence survey, The Conference Board asked extra questions about consumers’ budgeting strategies.

The “Tunnel” charm, our Piece of the Week, celebrates Pride Month with its design inspired by hope and the light at the end of the tunnel.

The jewelry industry is reassessing its positioning as Gen Z reshapes the retail landscape and lab grown continues to gain market share.

Up for auction at Sotheby’s, the collection of Tempelsman’s personal effects includes a Cartier Tank watch Jackie O. gifted him.

The Miami-based fine jewelry brand will host its first summer residency in the Colorado mountain town from June 5 to Aug. 23.
























