Weekend of Watch Sales Brings in $108m
The big three auction houses - Phillips, Sotheby's, and Christie's - sold watches for a combined total of $108m in a single weekend, dispelling concerns of a slowdown in the pre-owned market.
Phillips sold all...
WDC President Commends Productive Discussions At 2023 KP Intersessional In Zimbabwe
The 2023 Intersessional Meeting of the Kimberley Process (KP) came to a close on 25th May in Victoria Falls, Zimbabwe, with World Diamond Council (WDC) President Feriel Zerouki expressing satisfaction with the progress made...
Boucheron Diamond Tiara, Complete with Screwdriver
A diamond and platinum bandeau tiara, signed Boucheron Paris and owned for over a century by a British aristocratic family, is to be sold at Christie's London with a high estimate of $185,000.
It's the...
GJEPC Jaipur RO Seminar Highlights Jewellery Export Via E-Commerce
The GJEPC Regional Office in Jaipur recently organised a seminar in collaboration with the Sitapura Gems and Jewellery Industry Association. The event aimed to provide valuable insights on exporting jewellery through e-commerce platforms, specifically...
Last Emperor’s Watch Sells for Record $6.2m
A Patek Philippe owned by the last emperor of China sold for $6.2m at Phillips Hong Kong, smashing its pre-sale high estimate of $3m.
It belonged to Aisin-Gioro Puyi, last emperor of the Qing Dynasty,...
Surat Manufacturers Extend Summer Vacations
Manufacturers in Surat are reportedly extending their summer vacations as the recession hits and consumers in the US and Europe boycott Russian goods.
Slow demand is forcing many units to lay off staff, reduce working...
Tough Road Ahead In Post-Covid Era, CIBJO President Cautions At China Pearl Conference
The jewellery industry must navigate a changing landscape as it emerges from the constraints of the Covid-19 pandemic, facing a reduction in strategic advantages and an economic slowdown in several regions, CIBJO President Dr....
Petra Holds Back 75,000 carats amid Weak Demand
Petra reported sharp drops in both revenue and prices at its May tender, and said it held back parcels of over 75,000 carats because of weak demand.
The UK-based miner is currently operating only two...
De Beers Opens Flagship Store in Hong Kong
De Beers has opened a new flagship store in Hong Kong, featuring a façade inspired by the transformation of a diamond from rough to polished.
The top part is made of textured metal that shines...
Rolex ‘Buys Back Own Watch for $2.5m’
Rolex reportedly paid a record $2.5m at auction to buy back one of its own watches.
The 1958 Milgauss steel sports watch, described as being in mint condition, smashed the estimate of $556,000 to $1,110,000...
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