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Another Record Year: Sotheby's Posts $603 Million in Sales in 2014

Another Record Year: Sotheby's Posts $603 Million in Sales in 2014

Sotheby’s worldwide jewelry auctions reached $602.5 million in 2014 - a third consecutive year of record sales. According to the company, Sotheby’s now holds world auction records for white, pink, blue and yellow diamonds. The Zoe diamond and the Graff vivid yellow were the top performers for the year

The Diamond Business is Changing

  • Industry leaders meet with De Beers delegation in Ramat Gan

    Industry leaders meet with De Beers delegation in Ramat Gan

    Today (Tuesday), Israeli bourse leaders met with a delegation from De Beers Group, headed by Paul Rowley, Executive Vice President of De Beers' Global Sightholder. Industry credit, rough prices and synthetic diamonds were among the items on the agenda

  • The Violet Beauty: Amethyst is February's Gemstone

    The Violet Beauty: Amethyst is February's Gemstone

    Amethyst, a violet-colored quartz, derives its name from the Greek terms “A” ("not") and “Methustos” ("intoxicated"). This alludes to the ancient Greeks' belief that the stone protected its owner from intoxication

  • Valentine’s Day Looks Promising for Diamond Sales

    Valentine’s Day Looks Promising for Diamond Sales

    Despite storms and snowy weather plaguing the United States in the period leading up to Valentine’s Day in 2014, American jewelry companies generally reported encouraging levels of retail sales for this significant day in the diamond jewelry calendar. So what can be expected for diamond sales on Valentine’s Day in 2015?

  • IDE Relseases Booth Locations for International Diamond Week in February

    IDE Relseases Booth Locations for International Diamond Week in February

    The Israel Diamond Exchange (IDE) is gearing up for the upcoming International Diamond Week (IDW), which will take place from February 8-12 in the Trading Hall of the IDE. Today (Wednesday) IDE released the raffle results for the location of the booths in the Trading Hall

  • IDI Launches Mini-Site for Heart-Themed Diamond Jewelry for Valentine's

    IDI Launches Mini-Site for Heart-Themed Diamond Jewelry for Valentine's

    IDI has just launched Sweet Valentine: Diamond Deals from Israel, a specially curated mini-site which features heart-themed diamond jewelry and loose diamonds from leading Israeli companies at discounts of up to 40%

  • Kimberley Process in 2014: Divisions Within the WDC

    Kimberley Process in 2014: Divisions Within the WDC

    With China as the Kimberley Process Chair in 2014, supported by Angola holding the position of Vice Chair, the year began quietly for the diamond certification scheme. The major excitement of the year concerning the KP happened during the last few months

  • The Ideal Cut: Hearts and Arrows Diamonds

    The Ideal Cut: Hearts and Arrows Diamonds

    The Hearts and Arrows Diamonds first surfaced in the mid-1980s in Japan, and refer to a pattern that embodies three factors: ideal proportions, superior physical and optical symmetry and a specific brilliantine scheme

  •  From the Swana Cut to the Golden Diamond Collection

    From the Swana Cut to the Golden Diamond Collection

    Dalumi Group is an international company with worldwide distribution operation, manufacturing facilities in Botswana, Israel, China ...

  • Market Watch: Reluctance to Buy Rough, Focus on Trading Polished

    Market Watch: Reluctance to Buy Rough, Focus on Trading Polished

    Trading during January in Ramat Gan started out slow. However, in mid-month polished trading improved. Local manufacturers were reluctant to buy rough due to the high prices and many concentrated on trading polished rather than buying rough at current prices

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