The 23-carat fancy vivid blue diamond, set to headline Christie’s May jewelry auction, was expected to sell for as much as $50 million.
Meet the New Member of the Beryl Family, Johnkoivulaite
The new mineral species has been named in honor of renowned microscopist and researcher John Koivula.

A 1.16-carat crystal of the mineral now known as johnkoivulaite, named for renowned microscopist and GIA researcher John Koivula, was found in Myanmar’s Mogok Valley by local gemologist Nay Myo.
Koivula has more than 40 years of industry experience in research and photomicrography.
In 1986, he co-authored “Photoatlas of Inclusions in Gemstones” with Edward J. Gübelin, which followed with two more volumes.
Koivula also wrote “The Microworld of Diamonds” and co-authored “Geologica” with Robert Coenraads.
His contributions to gemology have earned him several industry awards and honors, including the American Gem Society’s Robert M. Shipley Award, the Accredited Gemologists Association’s Antonio C. Bonanno Award for Excellence in Gemology and GIA’s Richard T. Liddicoat Award for Distinguished Achievement.
He also won first place in Nikon’s Small World Photomicrographic competition in 1984.
“We are privileged to be able to name this mineral after John Koivula who has contributed so much to science and the gem and jewelry industry as a prominent gemologist and innovator in photomicrography,” said Tom Moses, executive vice president and chief laboratory and research officer at GIA.
“Discoveries such as this remind us of the importance of our mission-based research and of the numerous important contributions John has made in his more than four decades of scientific work.”

Johnkoivulaite has been accepted by the International Mineralogical Association as a new mineral species.
According to GIA, it has a hexagonal crystal structure similar to beryl and other members of the beryl group.
Standard gemological testing gave the mineral an RI of 1.608, with a birefringence too small to accurately measure, and a hardness of 7.5.
It has a strong pleochroism from deep violet to nearly colorless when observed with polarized light, GIA added.
The institute has a specimen of johnkoivulaite in its museum collection at its headquarters in Carlsbad, California, and GIA Senior Research Scientist Aaron Palke will present the new mineral at the Geological Society of America conference later this month in Phoenix.
The Latest

G.B. Heron Jewelers in Salisbury, Maryland, is set to close as its owner, Jeff Cassels, retires.

Emmanuel Raheb outlines the differences between the two platforms and posits that the most successful jewelers use both.

Supplier Spotlight Sponsored by GIA

U.S. customs agents in El Paso, Texas, intercepted the package, which would have been worth $9 million if the jewelry was genuine.


Health monitors become statement pieces when paired with the brand’s new collection of stackable diamond-studded bands.

Ten organizations were selected this year.

Six new retail businesses were selected for the 2025 program, which began in January.

Kim Carpenter and Sam Gevisenheit have joined the brand.

“Shell Auranova” is the next generation of the brand’s bridal line, featuring half-bezel engagement rings with bold and fluid designs.

Boucheron and Pomellato performed well in an otherwise bleak quarter for Kering amid struggles at Gucci.

Designer Deborah Meyers created her birds from oxidized sterling silver, rose-cut diamond eyes, and Akoya Keshi pearl feathers.

Sponsored by the Gemological Institute of America

Simon Wolf shares why the time was right to open a new office here, what he looks for in a retail partner, and why he loves U.S. consumers.

A third-generation jeweler, Ginsberg worked at his family’s store, Ginsberg Jewelers, from 1948 until his retirement in 2019.

The company failed to file its quarterly reports in a timely manner.

The organization also announced its board of directors.

Charms may be tiny but with their small size comes endless layering possibilities, from bracelets to necklaces and earrings.

Located in Valenza, the now 355,000-square-foot facility includes a new jewelry school that’s open to the public, Scuola Bulgari.

Paola Sasplugas, co-founder of the Barcelona-based jewelry brand, received the Fine Jewelry Award.

A platinum Zenith-powered Daytona commissioned in the late ‘90s will headline Sotheby’s Important Watches sale in Geneva next month.

The basketball stars wear men’s jewelry from the “Curb Chain” collection.

The Signet Jewelers-owned retailer wants to encourage younger shoppers to wear fine jewelry every day, not just on special occasions.

The 21 pieces, all from a private collector, will be offered at its Magnificent Jewels auction next month.

Lilian Raji answers a question from a reader who is looking to grow her jewelry business but has a limited marketing budget.

GCAL by Sarine created the new role to sharpen the company’s focus on strategic partnerships and scalable expansion.

The Indiana jeweler has acquired Scottsdale Fine Jewelers in Scottsdale, Arizona.