Holiday sales growth is expected to slow as consumers grapple with inflation and tariff-related uncertainty.
Harry Winston Just Acquired the ‘Pink Legacy’ for $50 Million
Sold at Christie’s Geneva Tuesday, the 19-carat stone broke a price-per-carat world auction record for a pink diamond.

Geneva—Christie’s Magnificent Jewels sale held Nov. 13 in Geneva garnered more than $110 million, and nearly half of that was due to a very special pink diamond.
The Pink Legacy, the 18.96-carat rectangular-cut fancy vivid pink diamond, the largest and finest pink diamond Christie’s has offered at auction to date, is now part of the Harry Winston collection.
Christened the “The Winston Pink Legacy,” it sold to the iconic jeweler for $50.4 million, just exceeding its $30-$50 million pre-sale estimate.
It’s the most expensive pink diamond ever sold at Christie’s, and it set a world auction record for highest price per carat for a pink diamond.
Nayla Hayek, CEO of Swatch Group, which owns Harry Winston, said, “We are proud to continue in the Winston tradition of acquiring the finest gems in the world, and tonight The Winston Pink Legacy joins our incredible legacy collection, which began with the acquisition of the 101-carat, D Flawless, Winston Legacy diamond at Christie’s in 2013.”
Christie’s International Head of Jewelry Rahul Kadakia accepted the winning bid for the Pink Legacy after five minutes of “spirited bidding,” the auction house said.
“This exceptional diamond captured the imagination of international collectors across the globe, with over 30,000 people visiting Christie’s sale previews to see this remarkable stone,” Kadakia said. “It has taken its rightful place among the world’s greatest diamonds.”
The pink diamond previously belonged to the Oppenheimer family.
Christie’s said that, overall, its Magnificent Jewels auction sold 90 percent by value and 86 percent by volume, with signed jewels achieving particularly high prices.
A 1924 Art Deco Egyptian revival sautoir by Van Cleef & Arpels sold for $4,332,500, while an early 20th century steel and diamond Cartier tiara earned $492,500.
Four exceptional jewels by JAR were also hot items, with a multi-gemstone bouquet of violets brooch, created in 1993, fetching $732,500.
The Dodge Pearl Necklace, circa 1920, by Cartier well exceeded its $240,000 to $340,000 pre-sale estimate, garnering $1.2 million. The important piece was originally purchased by Horace Elgin Dodge, a founder of the Dodge Motor Car Company, for his wife Anna Thompson and, prior to that, are believed to have been in the collection of Empress Catherine II of Russia.
The Latest

Jamie Turner Designs is among the winners of the local “Austin Shines” contest, hosted by Eliza Page, a jewelry store in Austin, Texas.

The red and azure colorway is one of many fun enamel pairings offered, bringing whimsy to the classic style of a monogramed signet ring.

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

A trade deal with Switzerland seems probable, but reaching an agreement with India remains a challenge, David Bonaparte said.


Botswana’s president said his country wants a controlling share, while Angola envisions multiple countries holding minority stakes.

The manufacturer is adding 1,400 chemical vapor deposition (CVD) reactors to its growing facility in India.

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

The jeweler to the stars has worked with Drake, A$AP Rocky, Tyler the Creator, and other celebrities.

The Scarsdale, New York-based jeweler donated a professional-grade watch cleaning machine.

The 50 percent tariffs on diamonds shipped from India to the U.S. have pushed midstream manufacturers to the edge.

De Beers’ refreshed, multipronged approach, which includes generic promotions and retail partnerships, is delivering positive dividends.
They are trying to balance the need to sustain well-established relationships with the pressure higher tariffs have put on margins.

Jewelry manufacturer Jewelex has partnered with JOSH, an industry training center, on a program for people with disabilities.

The collection includes pieces dating back to the Victorian and Art Deco periods as well as mid-century and late 20th-century designs.

He previously served as co-chair of the nonprofit’s beneficiary committee.

Its second collaboration with the conservationist features jewelry with dove and olive branch motifs.

The diamond manufacturer’s new company will provide accessible and affordable high-quality medicines across India.

Emmanuel Raheb shares tips on how a jeweler’s showcases, marketing, and social media presence can whisper, instead of shout.

The private equity firm has a plan to revive the mall staple.

The “Super Book of Gems” dives into the Mohs Hardness Scale, the Four C’s, and designs from jewelers like Cartier and Bulgari.

Claudio Pasta will take the lead at the Italian fine jewelry brand, succeeding company founder Licia Mattioli.

The new lab-grown diamond jewelry offering is the latest expansion of the designer’s “Bliss” collection.

The miner is honoring the end of an era with an offering of 52 lots from the now-closed Argyle and the soon-to-close Diavik mines.

The California-based fine jewelry brand will retain its identity post-acquisition, with new collections launching next year.

The “Untamed” collection centers on carved gemstone jewelry depicting a range of animals embodying one of the four elemental forces.

Founded in 2004, the organization is now called the Community for Ethical Jewelry.