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Diamond Necklace to Sell Privately for Twenty Million
A necklace bearing five Mughal empire pendant diamonds with emerald drops has recently been offered up at a private sale for a price tag of $20 million. The necklace, called the “Mirror Diamond,” is a prime example of the highly sought after colorless rough diamonds discovered in India during the height of the Mughal Empire. [...]
Beau Sancy to Sell for up to 4 Million
One of the world’s oldest and most storied diamonds is expected to sell for up to $4 million at a Sotheby’s auction next month. The 400-year-old “Beau Sancy” weighs in at 34.98 carats, and the rare pear cut diamond is currently on display in Paris. From Paris, it will move to London and Zurich, before [...]
Diamonds Could Soon Become a Commodity
If regulators approve the products, diamonds could soon become commoditized in a similar vein to gold, silver, and other precious metals. Transforming the status of diamonds to a commodity would be the result of the introduction of exchange traded funds based on the obscure market. An ETF could be a diamonds’ best friend or worst [...]
