Annie Doresca and Michelle Graff welcome Reggie Johnson and Sheryl Jones for a frank conversation on the state of DEI in fine jewelry.
Burmese Ruby Sells for $9M at Christie’s Jewelry Auction
“The duPont Ruby” smashed its $3.5-$5.5 million pre-sale estimate.
New York—Christie’s Dec. 11 Magnificent Jewels sale saw “The duPont Ruby” brooch smash its pre-sale estimate.
Estimated to fetch between $3.5 and $5.5 million, the 11.20-carat Burmese ruby, emerald, diamond and pearl brooch ultimately went for nearly $9 million.
The jewel (seen at top) was offered by the Virginia Museum of Fine Arts, along with “The duPont Emerald” featuring a no clarity enhancement, modified rectangular step-cut 9.11-carat stone. Set in a Tiffany & Co. ring, the piece earned $1.6 million, more than three times its low estimate.
Proceeds from the sale of the two pieces will benefit future VMFA acquisitions.
Jeff Gennette will step down in February 2024, passing the torch to the CEO of another notable retailer.
As for new members, the organization welcomed Jewelers of America’s Annie Doresca and Parag Jain of Parag Diamonds.
Distinguishing natural diamonds from laboratory-grown stones – now more available than ever – has been difficult for jewelers. Until now.
Jacob & Co.’s new “Billionaire” timepiece features more than 200 carats of yellow diamonds.
The jewelry industry insurer and solutions provider is celebrating 110 years in business this month.
The statement came as the National Retail Federation released its retail sales forecast for 2023.
De Beers Institute of Diamonds provides the very best in diamond verification, education and diamond services.
Sotheby’s will auction the diamond, which it says is “arguably the most significant pink diamond to ever appear at auction,” in June.
The retailer, recently acquired by Signet Jewelers, will lay off 119 employees in July.
The Swiss watchmaker introduced 17 new models at Watches & Wonders Geneva.
As part of the promotion, Smith will share his sales expertise during a 90-minute training session.
At Watches & Wonders, the Swiss brand unveiled a follow-up to last year’s Tonda PF GMT Rattrapante.
The “rêve” collection’s engagement rings and wedding bands are geared toward “sustainability minded customers.”
A new word appears on the dial each day of the week.
Bensons Jewelers closed for good Feb. 24, impacted in part by the decline in foot traffic downtown since the onset of the pandemic.
Kolja Kiofsky has been with the crystal and jewelry company since 2010.
The Kruse GWS Auctions sale will include the replica “Taj Mahal” necklace Elizabeth Taylor made with Avon as well as a costume piece Marilyn Monroe wore.
Massimo Basei is moving up, while Chief Commercial Officer Martino Pessina is stepping down.
AGTA GemFair and the Denver Gem & Mineral Show also will have a presence on the show floor.
Sold by Christie’s Hong Kong, this masterwork of complications now holds the record for most expensive watch ever auctioned online.
The watch company expects first-quarter sales to fall as much as 15 percent due to inflation and tough comps.
Adam O’Grady, general manager of the Lightbox Lab, has taken on the new role and will report directly to Lightbox CEO Antoine Borde.
The watch marketplace gathered data from 1.3 million collectors, highlighting the most popular timepieces and exploring value appreciation.
Burgundy has opted not to exercise its option to buy the mining claims Gibb River Diamonds currently owns.
Patented and specialty cuts now can receive an 8X Proprietary Certificate, which can be customized to include a company’s brand and logo.
The organization said it will recognize those who exemplify the idea that doing good is good business.