Category: Jewels

Gems: The Pearl

Pearls, Photo by JMorton

Pearls, Photo by JMorton

Gems: The Pearl

I am very partial to pearls.  I love them.  I suppose it has something to do with coming from the Philippines, which is known as the ‘Pearl of the Orient’ lol.

The last time I ws in the Philippines, I treated myself to some pearls.  I have to admit that the pearls were first class but unfortunately how it was set needs polishing.

I was told that to tell whether a pearl is real, plastic or whatever, you need to rub the pearl in your teeth.  Real ones will have ridges or rather rough while fake ones are smooth.  Actually this is a good advice.  I have tried this with my pearls. 😉

Apparently pearls should always be worn.  It takes a lovely healthy lustre when it is worn against skin.

Blue Diamond Found

Blue diamond

Wow, some lucky woman will have her digit and neckline and possibly her wrist too adorned with blings from this newly found blue diamond.

Lucky for some!

 

As the gorgeous Marilyn, who knew a thing or two about diamonds, sang:

Men grow cold
As girls grow old,
And we all lose our charms in the end.

But square-cut or pear-shaped,
These rocks don’t lose their shape.
Diamonds are a girl’s best friend.

 

Blue Diamond ‘Worth Tens Of Millions’ Discovered

Sky News 

A massive diamond with a possible price tag of more than £36m has been discovered at a mine in South Africa.

The 29.6 carat blue diamond, described as being “exceptional”, was dug up at the Cullinan mine near Pretoria – owned by Petra Diamonds.

Chief executive Johan Dippenaar said: “The stones in the last year or so are selling well above $2m (£1.2m) per carat. That’s not my quote, that’s updates in the market.”

However, analyst Cailey Barker at brokers Numis said it could expect to fetch less – between $15m (£9m) and $20m (£12m) – at auction.

The mine, owned by the firm since 2008, was also where the Cullinan Diamond was found in 1905 – described as the largest rough gem diamond ever recovered and weighing 3,106 carats.

Other notable diamonds found in the mine include a 25.5 carat Cullinan blue diamond, found in 2013 and sold for $16.9m (£10m), and a diamond found in 2008, known as the Star of Josephine, which was sold for $9.49m (£5.7m).

Egg-size Diamond Sells for $30m

Diamonds are sublimely useless.  You cannot eat them or drive them home.
– Matthew Hart

 

White diamond sells for $30m at Hong Kong auction

Price for flawless 118-carat stone, which is the size of a small egg, is highest ever paid for a white diamond

Associated Press in Hong Kong

theguardian.com

A model holds the flawless oval diamond

A model holds the flawless oval diamond during a media preview at Sotheby’s auction house in Hong Kong. Photograph: Laurent Fievet/AFP/Getty Images

A white diamond the size of a small egg has been sold for $30.6m (£19m) at an auction in

Two phone bidders competed for the 118-carat white diamond from Africa in six minutes of measured bidding until one dropped out in the Sotheby’s jewellery auction on Monday night.

The biannual sale in the southern Chinese city draws collectors from across mainland China and Asia, helping to make the city one of the world’s busiest auction hubs.

“Hong Kong has in the last few years pulled itself up alongside Geneva and New York as one of the three major selling centres at auction” for diamonds, said Quek Chin Yeow, deputy chairman of Sotheby’s Asia and an international diamond expert.

The flawless white oval diamond, mined and cut two years ago, fell under the hammer at HK$212m ($27.3m), coming in just under the $28m minimum value as estimated by Sotheby’s. The price was bumped up to $30.6m including commission. It was more than the previous record of $26.7m for a white diamond set in May at Christie’s in Geneva.

The stone, which weighed 299 carats when it was found in the rough in 2011, is the largest diamond graded by the Gemological Institute of America. Sotheby’s says it was discovered in southern Africa but won’t name the country because the seller wishes to remain anonymous.

The auction’s other highlight, a 7.6-carat flawless round vivid blue diamond which had an estimate of $19m, failed to reach its reserve price. The two gems were among 330 lots of rare jewellery that fetched a total of $95m, $15m less than expected.

The world record price for a jewel at auction was set in 2010 when the London jeweller Laurence Graff paid $46m for a “fancy intense pink” diamond weighing 24.8 carats. That record could be blown away in November when Sotheby’s puts a pink 59.6-carat diamond on the block that is expected to fetch more than $60m in Geneva.

MegaSuperBling: Pink Star Diamond Ring

Sotheby’s David Bennett says the diamond belongs in “the ranks of the earth’s greatest natural treasures”.

Oh wow, some lucky lady will get a sumptuous Christmas present. A Pink Star Diamond Ring with a posse of bodyguards. NICE!!!

……………………….

Flawless $60-mn pink diamond for auction in Geneva

AFPAFP – 20 hours ago

  

 

Sotheby’s on Wednesday showed off a 59.6-carat pink diamond that will be auctioned in the Swiss city of Geneva in November at a record asking price of $60 million (49 million euros).

“The Pink Star”, an internally flawless oval-cut vivid pink diamond, will become the most valuable diamond ever to be offered at auction, Sotheby’s said.

“I have had the privilege of examining some of the greatest gemstones in the world over the past 35 years, and I can say, without hesitation, that ‘The Pink Star’ diamond is of immense importance,” David Bennett, chairman of Sotheby’s jewellery division in Europe and the Middle East, said in a statement.

“It is difficult to exaggerate the rarity of vivid pink diamonds weighing only five carats, so this 59.60 carat stone is simply off any scale,” he said, insisting it belonged in “the ranks of the earth’s greatest natural treasures.”

The shimmering pink, plum-sized diamond, which was 132.5 carats in the rough, was mined by De Beers in Africa in 1999 and cut and polished over a period of two years by Steinmetz Diamonds, the auction house said.

When it was first unveiled to the public in 2003, it was called the “Steinmetz Pink”, but it was renamed after it was first sold four years later.

The 2007 sale price was not disclosed, nor has the identity of its current owner.

The gem, which has received the highest possible colour and clarity rating from the Gemological Institute of America (GIA), is more than twice the size of the 24.78-carat “Graff Pink” diamond that set the world auction record for a diamond and any gemstone or jewel when it was sold at Sotheby’s Geneva in 2010 for $46.2 million, the auction house said.

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