The De Beers Group CEO also discussed tariffs, Desert Diamonds, and the pending sale of De Beers in an interview with Michelle Graff.
‘Circle of Heaven’ Jadeite Bangle Could Sell for $12.8M
The “highly translucent” piece will lead Sotheby’s Magnificent Jewels and Jadeite sale in Hong Kong April 3.

Hong Kong--A “highly translucent” jadeite bangle is expected to be the top lot at Sotheby’s Hong Kong next month.
The rare piece, the highlight of the Magnificent Jewels and Jadeite sale scheduled for April 3, is expected to sell for $10.2 million to $12.8 million.
The bangle is described as having a full, emerald-green color with “fine texture.” It was named the “Circle of Heaven” not only for its circular form, representing the idea of unity, but also because jade has traditionally been though to be the “stone of heaven” in Chinese belief.
In addition to the bangle, the April sale also will feature classic period jewels, including a number of Art Deco pieces, as well as contemporary jewelry.
A 24.70-carat cushion-shaped Burmese ruby ring could sell for as much as $11.8 million.
A step-cut fancy blue diamond weighing 14.18 carats surrounded by brilliant-cut diamonds set in platinum and 18-karat pink gold could sell for as much as $7.7 million; a 30.16-carat step-cut fancy vivid yellow diamond is estimated to go for between $2.4 million and $3.2 million; and an oval jadeite cabochon and diamond ring could sell for up to $3.6 million.
Sotheby’s Hong Kong sale also will feature a curated collection of statement earrings called “Jewels for the Red Carpet.”
It was inspired by actress Ashley Judd’s look at the 2018 Golden Globes. She wore a pair of Martin Katz emerald and diamond pendant earrings, which will be included in the auction and are estimated to sell for as much as $256,000.
RELATED CONTENT: The Most Powerful Golden Globes Jewels
The red carpet portion of the auction also features keshi pearl, rock crystal and diamond earrings from Wallace Chan ($61,500 to $83,500); a pair of aquamarine and diamond earrings from Cartier ($122,000 to $179,000); Bhagat spinel and diamond earrings ($122,000 to $179,000); and a pair of diamond earrings from Cindy Chao ($83,500 to $109,000).
Totaling more than 280 lots, Magnificent Jewels and Jadeite is estimated to garner in excess of $93.6 million.
Pictured below are some notable pieces in the sale. To see the full lineup, visit Sothebys.com.
The Latest

The industry veteran is bringing his 56-year run in the fine jewelry sector to an end.

The panel discussion will feature LGBTQ+ leaders across the jewelry, luxury, and creative industries.

As gold prices rise, today’s retailers are looking for alternatives at prices that will appeal to wider audiences.

Inspired by a locket that got run over, the “Smash” capsule collection reimagines the shape of Lichtenberg’s signature style.


The company has promoted Katherine Whitacre to the role.

The jewelry manufacturer has added Taylor Swift-esque diamond shapes, and more silver, gold vermeil, and gold-plated jewelry.

With the trade and customer trust in mind, GIA® developed NextGem™ – on-demand training designed specifically for retail.

Morrison has been marketing diamonds on and off since the early 2000s and said she is leaving to “pursue new projects.”

Those born in June can celebrate with pearl, alexandrite, and moonstone jewelry.

The platform allows retailers to guide clients through a customizable engagement ring buying experience in a branded interface.

Jim Springer, owner of Dunkelberger’s Fine Jewelry, is heading into retirement.

When conducting its May consumer confidence survey, The Conference Board asked extra questions about consumers’ budgeting strategies.

The “Tunnel” charm, our Piece of the Week, celebrates Pride Month with its design inspired by hope and the light at the end of the tunnel.

The jewelry industry is reassessing its positioning as Gen Z reshapes the retail landscape and lab grown continues to gain market share.

The Miami-based fine jewelry brand will host its first summer residency in the Colorado mountain town from June 5 to Aug. 23.

The organization also announced its international board of directors for the 2026-2027 term.

Saks Global confirmed the closure this week, spelling the end for a store that’s been part of downtown Dallas for more than 100 years.

Smith discusses how managers should handle a top performer's exit, warning that a poor response could have a lasting impact.

The Gemological Institute of America is now a 30 percent stakeholder in Tracr, the De Beers-backed blockchain for diamonds.

The retailer is bringing Rolex Certified Pre-Owned watches to five U.S. cities in 2026 for collectors to see, try on, and purchase.

The actress and entrepreneur stars in the jeweler’s new campaign that celebrates life’s quiet moments.

The price of gold has risen, affecting the number of pieces designers make, the materials they use, and how they position themselves.

The jewelry retailer is zeroing in on Zales, Jared, Kay Jewelers, and Blue Nile as it looks to create unique brand identities for each.

Dr. Akinwumi Adesina, a development economist, will head the fund created to help Botswana diversify its economy.

Sotheby’s has appointed the former Phillips executive as its global head of private sales and retail in its watches division.

From Gen Z’s view of luxury to “doom spending,” these are the six consumer trends to note this year.

























