The Dubai Diamond Exchange (DDE), a subsidiary of DMCC, the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise, has successfully completed three rough and polished diamond tenders hosted between 16-23 July.
Gemfields’ ruby auction nets more than $50mSubscription
Mining and coloured gemstone company Gemfields has reported that its recent ruby auction, held in Singapore from June 11-15, netted revenues of $50m USD (£39.2m).
Rolex and Patek Philippe outperform at auctionSubscription
Renowned luxury brands such as Rolex and Patek Philippe are outperforming among investments in rare vintage watches, with provenance giving further impetus to value.
Christie’s Magnificent Jewels sale, held as part of the auction house’s Spring Luxury sales in Geneva, netted a total of over $62m (£48m) yesterday.
Sotheby’s celebrates fauna with In Bloom exhibition Subscription
Auction house Sotheby’s will launch a selling exhibition featuring designs by leading designers including Stephen Webster and Shaun Leane as well as Cartier, Van Cleef & Arpels, Tiffany & Co and Boucheron.
Sotheby’s sells 88.22ct oval diamond for £10.6mSubscription
Auction house Sotheby’s in Hong Kong has sold an 88.22-carat, D Colour, Flawless, Type IIa, oval brilliant diamond for £10.6 million yesterday (April 2).
Eponymous fine jeweller Sarah Ho has partnered with auction house Phillips, presenting a curated selection of over 30 jewellery pieces during the Art Basel week in Hong Kong.