IDEX Online - Polished Market Polished Market
- No Golconda Blue, but Christie's still Raises $72mon 15 May 2025 at 10:00 am
Christie's Geneva sold 100 per cent of lots at its Magnificent Jewels yesterday (14 May) and raised $72.3m - despite the withdrawal of the sale's main attraction, the 23.24-carat Golconda Blue. It carried a $35m to $50m estimate and would have been the...
- Mediterranean Blue Beats Estimate, Sells for $21.5mon 14 May 2025 at 6:00 am
The 10.3-carat Mediterranean Blue, one of the world's largest blue diamonds, sold yesterday (13 May) at Sotheby's Geneva for $21.5m, beating its $20m pre-auction estimate. The fancy vivid VS2 cushion modified brilliant gem was bought by an unnamed...
- $3.3m Loss as Brilliant Earth Customers Spend Lesson 12 May 2025 at 12:00 pm
Brilliant Earth, the US-based "ethical jeweler", reported a $3.3m net loss for the first quarter of 2025, as customers opted for less pricey goods. The total number of orders rose by over 12 per cent (40,525 to 45,535) but the average value fell by more than ...
- De Beers CEO: No Benefit to US Tariff on Diamondson 12 May 2025 at 9:00 am
De Beers CEO Al Cook says he's confident the US will exempt diamonds from reciprocal tariffs. He told the Financial Times (FT) they were of "no benefit", given that there are no US diamond mining jobs to protect, and that they would function as nothing ...
- The Future is Mined: Lightbox to Closeon 8 May 2025 at 3:14 pm
De Beers is to close Lightbox, its lab grown venture, seven years after its launch rocked the diamond world. The move, announced today (8 May) signals the company's return to its roots - mined diamonds. It also marks De Beers' recognition that lab growns...