Sotheby’s will auction the diamond, which it says is “arguably the most significant pink diamond to ever appear at auction,” in June.
Here’s How AGTA Will Do Its Spectrum Awards This Year
The competition will move back to October, and there are two new categories in the mix.

Dallas—The American Gem Trade Association will move forward with its scheduled Spectrum Awards competition this fall, with some additions.
This year, the event will take place in October in New York.
AGTA had already made the decision to move it back from August to its original timing, based on feedback from members that a longer lead time would be beneficial for design and production.
It will also introduce two more categories.
North American Gems will showcase gems mined in either the U.S. or Canada as part of the “Cutting Edge,” the division of the contest dedicated to lapidary arts.
Stones in this category will be evaluated on the quality of the lapidary work, technique, quality/rarity of the gem material and overall beauty.
The second category to be added this year is a new “Best of” award for Best of Single Entries. It will be chosen from applicants that submitted only one entry into the competition.
Best of Single Entries awards will be given in both Spectrum and Cutting Edge.
To reflect the new date change, AGTA also will relax the rule requiring entries to have been created within the past 12 months.
The mail-in deadline for submissions is Friday, Sept. 25, and the New York drop-off date is Tuesday, Oct. 6. Call for entries will be sent out electronically later this month.
RELATED CONTENT: This 30-Carat Red Spinel is AGTA Spectrum’s ‘Best of Show’AGTA also will hold its Spectrum Awards Editors’ Event in New York City, which is an appointment-only event allowing qualified editors, influencers and journalists to look at all entries in person.
To be held on Monday, Oct. 26, the event’s format will allow the media to maintain whatever social distancing measures may be in place at the time.
“We’re thrilled to report that the AGTA Spectrum Awards is taking place as planned. In ongoing conversations with designers, lapidary artists, and gemstone dealers that traditionally enter Spectrum, we know that the creative process is currently in full swing,” AGTA CEO Douglas K. Hucker said.
“With so many industry events canceled through the fall, our competition and media event will be among the first opportunities within our industry for showcasing what we are confident will be an incredible outpouring of creativity, passion and inventiveness.”
The Latest

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.

Distinguishing natural diamonds from laboratory-grown stones – now more available than ever – has been difficult for jewelers. Until now.

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.”

De Beers Institute of Diamonds provides the very best in diamond verification, education and diamond services.

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.

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.

Kendall Jenner once again is fronting the French brand’s campaign, joined by model and dancer Alton Mason.

The CEOs of Signet, Helzberg, and GIA spoke on a water conservation panel, and had lakes named in their companies’ honor.

Sales of the sleek sterling silver and diamond design will go to nonprofit organization charity: water.

Expected to earn up to $4.5 million, the “Jarretière” bracelet is the star of Christie’s “The Magnificent Jewels of Anne Eisenhower” sale.

With jewelry sales coming down from their pandemic highs, retailers need to do all they can to retain existing customers, Peter Smith says.

Jewelry historians, authors, and experts will explore the works of Tiffany & Co., Oscar Heyman, Verdura, and more.

Johnson joined the retailer in 1987, establishing its first human resources department.

Supplier Spotlight Presented by IGI