The 9.51-carat fancy vivid blue diamond, which set two world auction records at Sotheby’s in 2014, is estimated to fetch up to $30 million.
Cecilia Gardner stepping down from the WDC
Jewelers Vigilance Committee President Cecilia Gardner is leaving her post as general counsel of the World Diamond Council, the organization that represents the diamond industry in the Kimberley Process.
Luanda, Angola--Cecilia Gardner is leaving her post as general counsel of the World Diamond Council, National Jeweler has learned.
In an email sent from Angola Friday where she was attending the Kimberley Process intersessional meeting, Gardner, who’s also president of the U.S.’s Jewelers Vigilance Committee, said “very positive reasons” fueled her decision to step down after 15 years.
“The association has matured, has professional staff (and) better engagement by the members in the substantive work of the KP,” she said.
The WDC is the body that represents the diamond industry in the KP, the process formed to stem the flow of “blood” or “conflict” diamonds into the trade. It is headed by President Edward Asscher and, late last year, hired its first full-time salaried executive director, Patricia Syvrud.
In a separate email, Asscher said that Gardner received “warm words of praise” from the KP chair at the intersessional for her work over the years with the Kimberley Process. He said the WDC plans to appoint a new counsel.
Gardner has been involved with the KP since its inception in 2000. She remains the general counsel to the U.S. Kimberley Process Authority Institute.
News of Gardner’s resignation came as the KP closed out the first of its two major annual meetings, its intersessional.
Among the issues the KP is debating this year is its leadership, as its member nations remain divided on naming a vice chair for 2015.
When the KP’s 2014 plenary meeting ended in Guangzhou, China, nations including Russia, South Africa, Namibia, Zimbabwe and the Democratic Republic of Congo backed the election of the United Arab Emirates as vice chair, while the United States, Israel, Canada and Botswana voted for Australia.
As a complete consensus is needed for the KP to make any decisions, it has been operating without a vice chair this year.
Asscher said the KP will elect a chair and vice chair for 2016 at its plenary meeting in the fall.
Other issues discussed at the intersessional, according to Asscher, include preparing a monitoring system for the Central African Republic. The Central African Republic was suspended from the KP in May 2013 when news surfaced that rebels had used proceeds from diamond sales to take control of the government.
The KP’s next major meeting, its plenary, is scheduled to take place in November in Angola.
The Latest

The industry veteran joins the auction house as it looks to solidify its footprint in the jewelry market.

The nonprofit awarded four students pursuing a professional career in jewelry making and design with $2,250 each.

With their unmatched services and low fees, reDollar.com is challenging some big names in the online consignment world.

The Texas-based jeweler has also undergone a brand refresh, debuting a new website and logo.


The two organizations have finalized and signed the affiliation agreement announced in May.

The single-owner sale will headline Sotheby's inaugural jewelry auction at the Breuer building, its new global headquarters, this December.

Jewelers of America is leading the charge to protect the industry amidst rising economic threats.

From sunrise yoga to tariffs talks, these are some events to check out at the upcoming inaugural event.

Smith recalls a bit of wisdom the industry leader, who died last week, shared at a diamond conference years ago.

The “Victoria” necklace features a labradorite hugged by diamond accents in 18-karat yellow gold.

Two lower courts have moved to block the import taxes, which will remain in place as the legal battle continues.

The Kansas City Chiefs quarterback shares Hublot’s dedication to pursuing greatness, the Swiss watchmaker said.

Breitling is now the NFL’s official timepiece partner, a move that puts the brand in front of the millions of Americans who watch football.

NYCJAOS is set for Nov. 21-23 in New York City’s Chelsea neighborhood.

U.S.-based investment company SMG Capital LLC is the new owner of the luxury brand.

A new court filing details the locations of the stores that will close, as well as the 830 that will remain open.

The new catalogs are “Tools, Equipment, & Metals” and “Findings & Metals.”

Sapphire’s variety of colors make it the perfect birthstone for September.

The retailer has raised its guidance after seeing total sales increase 3 percent in the second quarter, beating expectations.

Niccolò Rossi di Montelera, executive chairman of the board, was appointed as interim CEO.

The three-floor space also features the jeweler’s largest VIP salon in Japan and offers an exclusive diamond pendant.

The collection is a collaboration between Stephanie Gottlieb Fine Jewelry and Oak and Luna, focusing on understated essentials.

The highlight of a single-owner jewelry and watch collection, it’s estimated to fetch up to $7 million at auction this December.

CEO Efraim Grinberg noted a resurgence in the fashion watch market.

The “Bullseye” necklace, with vintage bakelite and peridot, August’s birthstone, is the perfect transitional piece as summer turns to fall.