Move reflects market shift to higher-value diamonds.
Category: Polished
Jeweler turned 71.26-carat stone into 15- and 20-carat diamonds.
Collection includes pinks, reds and yellows from Argyle and Diavik mines.
The situation in the diamond markets is serious. The real diamond market is shrinking.
Weak demand has left manufacturers with growing inventories of unsalable SI goods.
Yellow was strongest category in second quarter, says FCRF.
Weak consumer demand, lower average selling price, and rise in costs impact bottom line.
Piece featuring rectangular step-cut, 3.89-carat stone between two emeralds will lead California Jewels sale.
The fairs did not boost the market as many hoped they would.
Steady traffic, sustainability talks, and diamonds doing good set the tone as the shows opened.
Collection from American jeweler Sidney Mobell will appear at Bonhams in June.