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Sotheby's could be to blame for giving away $4 million in diamonds to jeweler Jona Rechnitz, a convicted felon who faces other fraud charges.
War, inflation, stock market declines and regional challenges have had little impact on auction performance in general. Demand and prices for high-quality gems and jewels keep rising. Heading into the summer break, professionals in the secondary jewelry market expressed an almost giddy...
A 101.41-carat diamond has set another auction record after fetching $US13 million ($AU18.74 million) at the Sotheby’s New York Magnificent Jewels tender.
A private collector in Asia paid $13 million for a pear-shaped stone he renamed the Claire G diamond, after his wife, at the most recent Sotheby’s sale in New York.The 101.41-carat, D-color, internally flawless stone, previously known as the Juno diamond, was estimated to fetch in excess of $10...
When it comes to coloured gemstones like rubies, sapphires and emeralds, inexperienced buyers’ only hope is to meet a trustworthy seller.