In a 6-3 ruling, the court said the president exceeded his authority when imposing sweeping tariffs under IEEPA.
This 10-Carat Pink Diamond Just Sold for Nearly $20M
It was the main attraction at the Oct. 7 Sotheby’s Hong Kong Magnificent Jewels and Jadeite sale.

Hong Kong—Sotheby’s Hong Kong’s fall jewelry auction, which took place this week, saw the sale of some spectacular jewels, including a special pink diamond.
The Magnificent Jewels and Jadeite sale totaled $300.8 million HKD, or $38.3 million.
Accounting for over half of that total was a rare and exquisite fancy vivid purplish pink diamond and white diamond ring, pictured above. The 10.65-carat Type IIa pink fell between its $19.1 to $25.5 million pre-sale estimate, garnering $19.9 million.
The auction was noteworthy for its array of works by contemporary Chinese high jeweler Anna Hu, who designed for the occasion.
The “Silk Road Music” collection featured nods to Chinese history and music (Hu was a cellist before she became a designer) illustrated with a variety of impressive gemstones, not the least of which was the 100-carat fancy intense yellow diamond at the center of “The Dunhuang Pipa Necklace” pictured above.
The necklace, expected to sell for between $5 million as $6.3 million, earned $5.8 million at the sale.
Hu’s jadeite “Cello” brooch (above), accented with yellow, white and pink diamonds, also sold within its estimated pre-sale range of $280,000 and $350,000, going for $279,000.
The designer’s above “Blue Magpie” brooch—featuring a conch pearl, sapphires and diamonds and estimated to sell for between $190,000 and $225,000—earned $255,000, while the “Ellington” earrings, below, made of the same materials sold for $279,000, just shy of their $280,000 to $350,000 pre-sale estimate.
Lastly, Hu’s ruby and diamond “Apassionata” ring, seen below, earned $104,000, just over its $80,000 to $100,000 estimate.
The Latest

Smith encourages salespeople to ask customers questions that elicit the release of oxytocin, the brain’s “feel-good” chemical.

JVC also announced the election of five new board members.

Launched in 2023, the program will help the passing of knowledge between generations and alleviate the shortage of bench jewelers.

The brooch, our Piece of the Week, shows the chromatic spectrum through a holographic coating on rock crystal.


Raised in an orphanage, Bailey was 18 when she met her husband, Clyde. They opened their North Carolina jewelry store in 1948.

Material Good is celebrating its 10th anniversary as it opens its new store in the Back Bay neighborhood of Boston.

Criminals are using cell jammers to disable alarms, but new technology like JamAlert™ can stop them.

The show will be held March 26-30 at the Miami Beach Convention Center.

Are arm bands poised to make a comeback? Has red-carpet jewelry become boring? Find out on the second episode of the “My Next Question” podcast.

It will lead distribution in North America for Graziella Braccialini's new gold pieces, which it said are 50 percent lighter.

The organization is seeking a new executive director to lead it into its next phase of strategic growth and industry influence.

The nonprofit will present a live, two-hour introductory course on building confidence when selling colored gemstones.

Western wear continues to trend in the Year of the Fire Horse and along with it, horse and horseshoe motifs in jewelry.
![A peridot [left] and sapphires from Tanzania from Anza Gems, a wholesaler that partners with artisanal mining communities in East Africa Anza gems](https://uploads.nationaljeweler.com/uploads/cdd3962e9427ff45f69b31e06baf830d.jpg)
Although the market is robust, tariffs and precious metal prices are impacting the industry, Stuart Robertson and Brecken Branstrator said.

Rossman, who advised GIA for more than 50 years, is remembered for his passion and dedication to the field of gemology.

Guthrie, the mother of “Today” show host Savannah Guthrie, was abducted just as the Tucson gem shows were starting.

Butterfield Jewelers in Albuquerque, New Mexico, is preparing to close as members of the Butterfield family head into retirement.

Paul Morelli’s “Rosebud” necklace, our Piece of the Week, uses 18-karat rose, green, and white gold to turn the symbol of love into jewelry.

The nonprofit has welcomed four new grantees for 2026.

Parent company Saks Global is also closing nearly all Saks Off 5th locations, a Neiman Marcus store, and 14 personal styling suites.

It is believed the 24-karat heart-shaped enameled pendant was made for an event marking the betrothal of Princess Mary in 1518.

The AGTA Spectrum and Cutting Edge “Buyer’s Choice” award winners were announced at the Spectrum Awards Gala last week.

The “Kering Generation Award x Jewelry” returns for its second year with “Second Chance, First Choice” as its theme.

Sourced by For Future Reference Vintage, the yellow gold ring has a round center stone surrounded by step-cut sapphires.

The clothing and accessories chain announced last month it would be closing all of its stores.

The “Zales x Sweethearts” collection features three mystery heart charms engraved with classic sayings seen on the Valentine’s Day candies.





















