The fancy intense pink “The Eden Rose” is estimated to sell for up to $12 million at the New York “Magnificent Jewels” sale next month.
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![On June 11, Christie’s will auction “The Eden Rose,” a 10.20-carat fancy intense pink diamond, at its jewelry auction in New York. The Eden Rose, a 10.20-carat fancy intense pink diamond](https://uploads.nationaljeweler.com/uploads/80acc7bde95a2089b6b8909a6356062f.jpg)
![Jennifer Herold has been promoted to vice president of the Independent Jewelers Organization. She has been with the buying group for 22 years. Jennifer Herold, Independent Jewelers Organization vice president](https://uploads.nationaljeweler.com/uploads/d218f8cd185c0802900d17e097c1edde.jpg)
Herold has been with the organization for 22 years and will continue in her current role of conference director.
![Anglo American plc confirmed Tuesday that diamond mining company De Beers will be “divested or demerged” as part of a broader restructuring designed to simplify its portfolio. Rough diamonds from De Beers](https://uploads.nationaljeweler.com/uploads/6c79b5a0fbaa0238811aa2585ba402fa.jpg)
The mining giant also wants to offload its platinum business as part of an overhaul designed to “unlock significant value.”
![Cartier ring-tailed lemur brooch circa 1991](https://uploads.nationaljeweler.com/uploads/314a4e682a7edf5042c458247c9075e1.jpg)
This little guy’s name is Ricky and he just sold for more than $200,000 at Sotheby’s Geneva jewelry auction.
![Miner Lucapa Diamond Co. is looking to sell its 70 percent stake in the Mothae Diamond Mine in Lesotho, a small, landlocked kingdom encircled by South Africa. Mothae Diamond Mine Lesotho](https://uploads.nationaljeweler.com/uploads/7482d48f6d1e86b17ae2975fd352c388.jpg)
The mining company wants to divest its 70 percent holding in the Mothae Diamond Mine in an effort to streamline its portfolio.
![Lightbox, the lab-grown diamond brand De Beers Group launched in 2018 with an $800 per carat pricing structure, is now selling its diamonds for as low as $500 a carat. Pictured is a selection of loose fancy-cut lab-grown Lightbox diamonds. White, pink, and blue lab-grown diamonds from Lightbox](https://uploads.nationaljeweler.com/uploads/a48b90c837455424f3a463df9d16971a.jpg)
The move follows a price-drop test run in Q4 and comes with the addition of a “quality assurance card” from GIA for some loose diamonds.
![Watches of Switzerland Group has acquired Roberto Coin Inc., giving it the exclusive right to distribute the brand’s jewelry in the United States, as well as in Canada, the Caribbean, and Central America. Roberto Coin founded his eponymous jewelry brand in Vicenza, Italy. Roberto Coin Fleur de Lis jewelry](https://uploads.nationaljeweler.com/uploads/279ad328329aaa9a26d2afaf660f25d5.jpg)
The deal gives the retailer control over the distribution of Roberto Coin jewelry in the U.S., Canada, Caribbean, and Central America.
![A rendering of M.S. Rau Aspen, which will open on South Mill Street in downtown Aspen in early June Rendering of M.S. Rau pop-up shop in Aspen, Colorado](https://uploads.nationaljeweler.com/uploads/48b891cf49032626124e59608f554e84.jpg)
M.S. Rau is set to open a seasonal gallery in the high-end resort town early next month.
![The six BIPOC designers who comprise Couture’s 2024 class of “Luminaries” are, top row left to right, Alexia Connellan, Sasha Flynn, Hiba Husayni, and, bottom row left to right, Bliss Lau, Ama McKinley, and Casey Perez. The six Couture Luminaries designers 2024](https://uploads.nationaljeweler.com/uploads/07d8c80010939e5cfbbace980350ecc2.jpg)
The six designers, all participants in the show’s Diversity Action Council mentorship program, will exhibit in Salon 634.
![Benny Oeyen is Anglo American’s executive head of market development for PGMs (platinum group metals), which include platinum and palladium. Anglo American executive Benny Oeyen](https://uploads.nationaljeweler.com/uploads/4d6d0ba20db93cbbe126bf55ea9d93f3.jpg)
The executive talked about the importance of self-purchasers and how fuel cell electric vehicles are going to fuel demand for platinum.
![Michael McCormack, left, and Charles Robinson Shay both face murder charges in the Nov. 29 death of jeweler Peter Damian Arguello, who owned Peter Damian Fine Jewelry & Antiques in Wheat Ridge, Colorado. (Photos provided by the Wheat Ridge Police Department) Mug shots of murder suspects Michael McCormack and Charles Robinson Shay](https://uploads.nationaljeweler.com/uploads/698a57d69bbedc3d40f4e94dd8aa8622.jpg)
Wheat Ridge, Colorado police took a 50-year-old man into custody Wednesday following a two-month search.
![Elvis Presley gifted this engraved vintage Baume & Mercier watch to his “Easy Come, Easy Go” co-star Dodie Marshall in 1967.
The back of the Baume & Mercier watch Elvis gave to Dodie Marshall](https://uploads.nationaljeweler.com/uploads/c8f76c90b938347236115331963dfc9f.jpg)
Elvis Presley gifted this circa 1967 gold and diamond watch to Dodie Marshall, his co-star in “Easy Come, Easy Go.”
![Canadian Jewellers Association logo](https://uploads.nationaljeweler.com/uploads/5f5d2685bfc9375e06a400dd4544d50a.jpg)
It’s the second year for the event, slated to take place in October in Toronto.
![Anglo American reportedly is shopping De Beers while the miner itself is being eyed as a potential acquisition target by BHP Group. BHP’s interests lie in Anglo America’s copper operations in South America. Pictured is De Beers’ Venetia mine in South Africa. (©De Beers Group/Photo credit: Ben Perry @ Armoury Films) De Beers Venetia diamond mine in South Africa](https://uploads.nationaljeweler.com/uploads/b057e29df1a30accbb5b2114d2806614.jpg)
Big changes appear to be on the horizon for the diamond miner and its parent company, Anglo American.
![Ben Bridge Jeweler CEO Lisa Bridge, left, welcomes Padis Jewelry President Alexis Padis as the new president of the American Gem Society International Board of Directors at AGS Conclave 2024, held April 15-17 in Austin, Texas. Lisa Bridge and Alexis Padis at AGS Conclave 2024](https://uploads.nationaljeweler.com/uploads/84633e9b163b19c7214af864684839a8.jpg)
Padis succeeds Lisa Bridge, marking the first time the organization has had two women board presidents in a row.
![De Beers Group mined 6.9 million carats of diamond in the first quarter, down from 8.9 million in the same period last year. The company expects its annual output to be 3 million carats lower than originally forecast. (©De Beers Group/Photo credit: Ben Perry @ Armoury Films) Stock image of rough diamonds mined by De Beers](https://uploads.nationaljeweler.com/uploads/88fa0294dd796d49e669dd399890bc3b.jpg)
The announcement came as the company reported a 23 percent drop in production in Q1.
![Stock image of police crime scene tape](https://uploads.nationaljeweler.com/uploads/3d40c5135f25142711d76357a0f8693d.jpg)
A double-digit drop in the number of in-store crimes was offset by a jump in off-premises attacks, JSA’s 2023 crime report shows.
![Production fell 22 percent year-over-year to 740,000 carats in the first quarter at Rio Tinto’s Diavik Diamond Mine in Canada’s Northwest Territories. Aerial shot of the Diavik Diamond Mine in Canada’s Northwest Territories](https://uploads.nationaljeweler.com/uploads/8310f3d202a2d8a7341b06b4fa06354c.jpg)
The mining company’s Diavik Diamond Mine lost four employees in a plane crash in January.
![Rolex debuted the first 18-karat gold version of its deep-sea divers’ watch, the Oyster Perpetual Deepsea, at Watches & Wonders Geneva. It was one of 12 introductions from the brand. (©Rolex/JVA Studios) Rolex Oyster Perpetual Deepsea in 18-karat yellow gold](https://uploads.nationaljeweler.com/uploads/af81c7c3a8fbe7d8ca4e3edca25b2489.jpg)
The crown introduced a dozen timepieces in Geneva, including a heavy metal version of its deep-sea divers’ watch.
![American Gem Society Conclave logo 2024](https://uploads.nationaljeweler.com/uploads/c0c54c1df9feb60a527bf269682fadef.jpg)
Editor-in-Chief Michelle Graff shares the standout moments from the education sessions she attended in Austin last week.
![The printed version of the AGS Ideal Report Printed and digital AGS Ideal grading reports](https://uploads.nationaljeweler.com/uploads/4f80146228802f75d4294f8dc37e2c13.jpg)
From now through mid-May, GIA will be offering the reports at a 50 percent discount.
![De Beers Group’s CEO said Tuesday that diamond businesses are taking a “cautious” approach to purchasing amid economic uncertainty. The company’s most recent round of rough diamond sales totaled $445 million, down 18 percent when compared with the same period last year. Stock image of a polished diamond in tweezers](https://uploads.nationaljeweler.com/uploads/0cdd14f0e5fe5021fd9bba268fc8aae2.jpg)
De Beers’ rough diamond sales were down 18 percent year-over-year in its latest round of sales.
![John Carter, owner of Jack Lewis Jewelers, was announced as the 2024 winner of the Robert M. Shipley Award at the annual Shipley Award luncheon, held Tuesday at AGS Conclave in Austin, Texas. John Carter, 2024 Shipley Award winner](https://uploads.nationaljeweler.com/uploads/7bb663688a287dd7ee2bf4e51317053e.jpg)
John Carter received the AGS’s highest honor Tuesday afternoon at Conclave in Austin, Texas.
![Karen Rentmeesters has been appointed interim CEO of the Antwerp World Diamond Centre following Ari Epstein’s resignation last week. Rentmeesters is the center’s head of communications. She has been with AWDC for 14 years. Headshot of Karen Rentmeesters](https://uploads.nationaljeweler.com/uploads/4f6143fcecd93a8585e87600129da7db.jpg)
She has been with the organization since 2010, most recently serving as its chief officer of PR and industry relations.
![Jacqueline Dimier, Audemars Piguet’s head of product design for more than two decades, designed this emerald-set car watch in 1985. The timepiece, which Sotheby’s said is probably a one-of-a-kind, sold for almost $120,000 at the “Rough Diamonds” auction. Audemars Piguet circa 1985 emerald car watch](https://uploads.nationaljeweler.com/uploads/16d8ef95e0ab0d6c5eb6980609ef8c76.jpg)
The auction house said all 24 timepieces offered in its underground sale of rare and avant-garde watches quickly found buyers.