jewellery
New York (AFP) - A ruby sold at Sotheby's in New York on Thursday for $34.8 million, setting a new record price at auction for the precious stone. The 55.22-carat gemstone named Estrela de Fura was already the largest ruby ever to go under the hammer. It was cut from a 101-carat rough stone discovered in July last year at the Montepeuz ruby mine in Mozambique operated by the Fura Gems company. The stone was the star attraction of a sale offering 100 different pieces of jewelry. Offered at a starting price of $21 million, it sold for $30 million plus fees and commissions to an anonymous telepho...
AFP
New York (AFP) - New Yorkers and tourists will once again stroll between the rings and diamonds of jeweler Tiffany & Co. on Fifth Avenue, which officially reopened for business Wednesday after extensive renovations under new owners, French luxury giant LVMH. The iconic Manhattan jewelry store -- immortalized by the 1961 film "Breakfast at Tiffany's" -- reopened its doors following the remodelling, which the luxury jeweler hopes will help fuel the brand's momentum under its new ownership. It took "a bit longer than what we had in mind," Tiffany CEO Anthony Ledru said during the ribbon-cutting ...
AFP
New York (AFP) - The tarpaulins and scaffolding that obscured the facade of Tiffany and Co's flagship New York jewelry store for years have finally come down ahead of its re-opening this week. The mythical store on Manhattan's Fifth Avenue -- immortalized by the 1961 film "Breakfast at Tiffany's" -- has been extensively remodeled, which the luxury jeweler hopes will help fuel the brand's momentum under its new owner, the French luxury giant LVMH. The revamped landmark store will be officially inaugurated on Wednesday following its first complete renovation since it opened in 1940. It will reop...
AFP
New York (AFP) - Sotheby's announced Wednesday that it would offer the largest-ever blue diamond to go up for auction at a sale in Hong Kong in April. The auction house said it expected the 15.10-carat De Beers Cullinan Blue diamond to sell for more than $48 million. The diamond is the "largest internally flawless step cut vivid blue diamond" ever graded by the Gemological Institute of America (GIA), Sotheby's said in a statement. The sale will mark the first time a blue diamond of more than 15 carats has ever gone under the hammer, the press release added. Sotheby's said the diamond, which pr...
AFP
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