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 […]

Podcast – Experience Diamond Tech with Tim goodman

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The Jewellers Podcast Tim Goodman, CEO of YourDiamonds.com, chats about the new platform where diamond tech is at the forefront. Yourdiamonds.com, founded in 2018, is a technology start-up providing online software and an auction trading platform for the diamond industry. YourDiamonds.com was conceived to disrupt the traditional auction industry and to create market information and […]