The diamond named the Light of Letseng has been sold for a whopping $18.4 million by the company Gem Diamonds Ltd and the kingdom of Lesotho to the UK based Graff Diamonds. The diamond is 478 carat and is the 20th largest rough diamond recovered. The diamond was sold at an extraordinary price of $38,400 per carat as compared to the global average of $90 per carat. Read the rest of this entry »
Gem Diamonds sells Light of Letseng for $18.4 mln
June 5th, 2009SURAT, India — The Global Capital of the Diamond-Polishing Trade is Losing its Luster
May 29th, 2009
The western Indian state of Gujarat has been playing a crucial role in the world’s diamond trade since two decades. Eight of the ten diamonds found in the world have been cut and polished here and exported to markets, primarily like the US. Last year the industry was able to generate almost $12 billion. Read the rest of this entry »
GordonsJewelers Releases 10 Best Gifts of the Season List
May 22nd, 2009Gordon Jewelers has come up with ten best gifts of the season. The items are all available online with details and they would be delivered to your homes before the holiday season on purchase. Read the rest of this entry »
Money Management in US in Wake of Recession
May 15th, 2009Year 2008 will always be reminisced as a year of downfall of economy all across the world. With major companies, incurring huge loses and innumerable small and mediocre firms putting their shutter down, people are left in doldrums and are just cruising along unsure of what future holds for them. Of all the economies the worst affected is United States of America. Read the rest of this entry »
478-carat Diamond Goes for $18.4 Million
May 8th, 2009A 478 carat diamond was recovered from the Letseng le Terai mine in the African kingdom of Lesotho. This diamond has been named the “Leseli la Letseng” meaning the light of Letseng. This diamond was sent to Antwerp, Belgium for analysis and was determined to be of premium quality, outstanding color and clarity. It was established to be the 20th largest rough diamond recovered so far. Read the rest of this entry »
Private Diamond Dealer Chips away at Prices
May 1st, 2009Fred Koss is the owner of FK Diamonds. He is a private broker and his main business deals with clients who are going to get engaged for he specializes in engagement rings. He sells loose diamonds and customizes them for individual buyers. This way he is able to provide his clients with the stone of their choice at a comparatively lower price. The diamonds are of excellent quality and are certified by the Gemological Institute of America or sometimes other such institutes. Read the rest of this entry »
On Diamond Certificates, Appraisals and Insurance
April 24th, 2009
Diamond is very valuable and is used to mark occasions that have the same amount of significance that the diamond possesses. Taking care of these delicate yet expensive and valuable items of jewelry does not come easy. A little knowledge can help in making them assets and investments that can yield profits as well as protect from theft or damage. Read the rest of this entry »
Jewelry Sales Sparkle at Sioux Falls Store
April 3rd, 2009
The Diamond room at the local Sioux Falls store is sparkling with customers who are buying diamond jewelry. In spite of the slowing economy the sales here have been holding up and going steady. In appreciation of the support from the customers an event was organized especially for them. The diamonds here bring smiles to the customer’s faces even in these trying times. The stock market slump and the economic recession have made shoppers more cost conscious but diamonds seem to be everyone’s favorite. The sale of jewelry has not been affected at all. Gold is selling great in spite of the increasing costs and diamonds have always been a woman’s best friend. Today’s metro-sexual men have also started wearing diamonds; and seem to be enjoying them too. Read the rest of this entry »
Make your Holiday Special by Flaunting the Cocktail Ring
March 26th, 2009
Hollywood stars as well as television personalities flaunt “Cocktail rings”, the true trendsetter in the fashion industry. Be it a socialite gathering or a get together for office executives, one finds glamorous girls flitting around in their beautiful dresses with a huge stone sparkling on their manicured fingers. Cocktail rings are an added glamour to the persona of an individual, and holiday parties seem elite for masquerading the most talked about accessory. Read the rest of this entry »
Big Blue Diamond on Display in London
March 16th, 2009The Wittelbach Diamond is a rare blue diamond that has been handed down over generations of German royalty. This diamond now on display in London has been bought by Laurence Graff of the Graff Diamonds for a whopping 16.4 million pounds ($ 24.3 million). The price; it was sold for has surpassed all pre sale estimates and has overtaken even the 100 carat diamond sold at a Swiss auction in 1995. Read the rest of this entry »