Cryptocurrency for Diamonds in $20m Auction

Auction includes a collection of diamonds consigned by the former Chief Diamond Polisher at the Argyle diamond mine It seems the bitcoin frenzy has spread to the diamond industry. An Australian technology start-up, Yourdiamonds.com, has announced that it will accept bitcoin at its second auction/tender of fancy pink diamonds originating from the recently closed Argyle […]

Crypto rocks: Sotheby’s sells first world-class 100-carat diamond to crypto-buyer

By Sotheby’s THE HIGHEST PRICE ACHIEVED FOR ANY JEWELLERY OR GEMSTONE PURCHASED WITH CRYPTOCURRENCY Another milestone in the adoption of cryptocurrencies is reached Landmark sale at Sotheby’s Hong Kong sees FIRST WORLD-CLASS 100-CARAT DIAMOND SELL TO CRYPTO-BUYER. An anonymous buyer purchases exceptional 101.38-carat Pear-Shaped D Colour Flawless Diamond for HK$95.1m / US$12.3m read full article

Banking on diamonds

By Avi Krawitz Having improved its creditworthiness before and during the pandemic, the industry is learning to rely less on its lenders. In both financial and diamond industry terms, 2017 seems like an eternity ago. Bankers at the Dubai Diamond Conference in October of that year gave a stark warning to the diamond sector: The […]

Final Argyle Pink Tender Sees Record Result

By Leah Meirovich RAPAPORT… Rio Tinto achieved record-breaking figures at its 2021 Argyle Pink Diamonds Tender, with prices strong amid dwindling supply from the mine. The Australian miner offered 70 rare pink and red diamonds at the last-ever edition of the tender, which follows Argyle’s closure in November 2020. The “historical” collection, called The Journey […]

What do you know about diamonds?

On Nightlife with Philip Clark Do you own a diamond? Why are they so rare and sought after? Philip Clark spoke to Garry Holloway, geologist, owner of two jewellery stores in Melbourne and a diamond educator who is writing a book on diamonds. Mr Holloway told you everything you need to know about the precious […]

“Après Moi, le déluge”

(“After me, the Flood” Louis XIV) The worrying future of expensive lab-grown diamonds in an oversupplied market. By Richard Chetwode (Yourdiamonds.com). In 1902, Queen Victoria’s oldest son and the future King Edward VII, commissioned Jacques Cartier to make 27 diamond tiaras for his coronation. It was with reason that he named Cartier “jeweller of kings […]

Intellectual Property Rights for Entrepreneurs

By Stephanie Chin, Special Counsel and Darren Sommers. Principal of adventumlegal.com “You know, sometimes I don’t understand what’s wrong with us. This is just about the most creative and imaginative country on earth—and yet sometimes we just don’t seem to have the gumption to exploit our intellectual property.” ― Boris Johnson Intellectual Property and Entrepreneurs Intellectual […]

Pre-owned Argyle pink diamonds hit market in unique public tender

By Stephanie Sinclair – The Kimberley Echo The Argyle diamond mine may have closed, but a new market for its rare East Kimberley gems has opened with the first public tender of Argyle pink diamonds this week. Over the next week, members of the public have the chance to get their hands on 36 previously […]