US Jewelry Industry "Steadying" Despite Closures, says JBT
December 08, 25
Hundreds more US jewelry businesses ceased trading in Q3, according to the latest update from the Jewelers Board of Trade (JBT), which provides commercial credit information. The rate of decline remains steady, with the total number of registered... Read More...
Courthouse Clerk "Fled with $3.5m of Gold and Silver"
December 08, 25Turkish police are hunting a clerk suspected of stealing gold and silver valued at $3.5m from a safe at the courthouse where he worked. Erdal Timurtas, an evidence officer at the Buyukcekmece Courthouse in Istanbul, disappeared with his wife and two children... Read More...
31.86-ct Orangy Pink Diamond Sells for $8.8m
December 08, 25The largest Fancy Vivid "orangy pink" diamond ever graded by the Gemological Institute of America (GIA) fetched $8.8m at a debut auction in Abu Dhabi, well above its $5m to $7m pre-sale estimate. Sotheby's described the sale as a world record.... Read More...
JAR and Belperron Shine at Sotheby's Sale
December 07, 25Sotheby's New York is presenting more than 30 creations by JAR and Suzanne Belperron - two designers who changed the course of jewelry history. Their works dominate the 56-lot single owner collection - A Legacy of Elegance: Jewels from an Exceptional... Read More...
Florentine Diamond: Austrian Government Weighs Legal Claim
December 07, 25Austria has convened a panel of experts to assess whether the government has a legitimate claim to the 137.27-carat Florentine Diamond, which resurfaced last month after vanishing for a century. The newly established Florentine Commission will ... Read More...
Memo by John Jeffay
December 04The sale of the Royal Blue necklace for a record $16.2m last week demonstrates just how rare and how desirable Kashmir sapphires are. The diamond world has its Golcondas, the sapphire world has its Kashmirs. Both are highly prized and extremely rare... Read More...