Up for auction are 605 loose diamonds that were seized during the investigation of a money laundering scheme in New York City’s Diamond District. One of the diamond dealers was convicted in a case involving dealings with Colombian drug traffickers.
If you are looking for a big diamond, the savings are off the charts! If you followed my advice from May of last year when I recommended to hold off on making your diamond purchase (reference the Great Diamond Crash) you are in the money now!! You can actually buy a good beautiful, sparkly, gorgeous diamond without going to the poor house!
Zale posts loss after charges, to close stores.
What should you look for in an independent jewelry appraiser?
Debswana, the world’s largest diamond producer, to shut operations until April 15 and suspend production of two mines through 2009. We estimate the move will reduce their annual production by about 20% or by 6-7 mil. cts.
DIAMONDS, in all their natural beauty, dazzled on the red carpet at the 81st Annual Academy Awards(R). Oscar nominees and attendees chose diamonds to accessorize their glamorous looks for Hollywood’s biggest night.
Diamonds are made from carbon atoms that have undergone a process aligning them in an isometric-hexoctahedral crystal lattice. Clear to yellow, sometimes flawless, diamonds are also the second most stable form of carbon (behind graphite). However, diamonds are no longer the hardest natural substance — at least not according to New Scientist. That honor now falls to lonsdaleite, which is 58% harder than diamonds.
De Beers, the world’s largest diamond producer, will reduce the amount of rough gems offered to customers by about 50 percent until April after U.S. retail sales slumped over Christmas.
OBAMA ’09 INAUGURAL JEWELRY: Super Bowl Ring Manufacturer Given The Nod To Create One-Of-A-Kind Keepsakes for Obama Supporters
The diamond industry will soon be entitled to claim its share of the $300 million class action settlement against De Beers for anti-trust violations, the lawyers who brought the suit announced at a packed Diamond Manufacturers and Importers Association of America meeting, Wednesday at restaurant 3 West.