DiamondJewelry

Rare Blue Diamond Sells at Auction: $9.49 million

Economic conditions aren't so dismal that records can't be set. Sotheby's just moved a flawless, rare blue diamond for nearly $9.5 million – proving that taste can prevail even when wallets are generally gripped shut.

The rectangular blue diamond weighs 7.03 carats and sold at the highest price per carat ever fetched at auction – a whopping $1,349,752 (including the commission to Sotheby's). It's also the most paid for a "fancy vivid blue diamond" ... I didn't realize that such records were tracked. The winner chose to remain anonymous (can you blame him or her?) who was bidding by phone. The auctioned ended with a veritable telephonic battle that lasted 15 minutes.

The record until the blue diamond went under the gavel was $7.9 million for 6.04 carats. It was set in October 2007 in Hong Kong. Sotheby's sold the last record-breaker, as well.

In all, the auction house moved $35.7 million in gems and jewelry from 266 lots – not counting another 80 that didn't sell.

David Bennett, the chairman of Sotheby's jewelry department covering Europe and the Middle East, remarked, "It is fantastic in this market and shows that these rare things are very much in demand."

No, David. What's fantastic is that such items are in demand and that people are still willing to pay for them!

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Tags: auction, auction-house, auctionhouse, auctions, blue diamond, blue diamonds, BlueDiamond, BlueDiamonds, diamond, diamond jewelry, DiamondJewelry, diamonds, gems, jewel, jewelry, jewels, sotheby, sothebys

Valentine Essentials: A Diamond Ring

by Rigel Celeste (RSS feed) —

Filed under: Jewelry, Holiday Guides

Put "Valentine's Day" and "diamond ring" together and most people's minds will go to "engagement" next, but there are plenty of other reasons to give, get, or wear a diamond ring this Vday. There are anniversary bands, fashion rings, and of course the "Right Hand Ring" is growing ever more popular as women decide that they don't have to wait for a man in order to wear a beautiful diamond.

Engagement rings might be the most common type of diamond rings given and worn next week, but they certainly don't have to be the only type!

Gallery: Diamond Rings for All

Tags: diamond jewelry, diamond ring, diamond rings, DiamondJewelry, DiamondRing, DiamondRings, diamonds, valentine, valentines, valentines day, ValentinesDay, vday, vday09

Diamond Initial Necklaces by Jennifer Meyer

by Star Sutherland (RSS feed) —

Filed under: Jewelry

Lately celebrity moms have been spotted wearing necklaces engraved with the first letter of their new baby's name, a cute trend that's quickly increasing in popularity as more and more A-list ladies get pregnant. Among the first to do so was Nicole Richie, who is frequently seen sporting a gold "H" pendant (for daughter Harlow) . So who's behind the initial craze? Meet LA based jewelry designer to the stars Jennifer Meyer, she's the daughter of Ron Meyer (the President and CEO of Universal Studios) and she's married to Tobey McGuire. You can see her fabulous designs at the hippest jewelry boutiques around. Her famous 18K yellow gold and diamond initial pendants are now available online at twistonline.com, they cost $1,375.

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Tags: Diamond Initial Necklaces by Jennifer Meyer, diamond jewelry, DiamondInitialNecklacesByJenniferMeyer, DiamondJewelry, diamondnecklace, Jennifer Meyer Jewelry, JenniferMeyerJewelry, pendant

Jane Seymour's Jewelry Line

by Deidre Woollard (RSS feed) —

Filed under: Jewelry, Celebrity Shopping

The latest celebrity with a jewelry line is Dancing With The Stars cast-off Jane Seymour. Seymour who also has a furniture and home decor line and is a painter, has created Open Hearts by Jane Seymour to be sold at Kay Jewelers. The line was inspired by Seymour's "Healing Hearts" paintings and represents the idea that if one's heart is open it will never stay broken. The two open hearts linked together also symbolize that two people can be one, while still retaining their individuality. The line includes sterling silver charms as well as gold and diamond necklaces, earrings, bracelets and rings ranging from under $40 to $1,500. No word on if these jewels benefit charity likePetra Nemcova's heart jewelry does.

[via National Jeweler]

Gallery: Jane Seymour Open Hearts Jewelry