A crucial change to GIA grading reports could restore confidence among the trade and consumers.

Prices for Rough at TAGS Tender Exceed Expectations
Sale of specials achieves 95% sell-through rate.
Sotheby’s will offer a ring with a 10.03-carat blue diamond at its upcoming Geneva jewelry sale, pricing it in “the region” of $20 million, but dealers think it will fetch more.
The Mediterranean Blue, a cushion modified brilliant-cut, fancy-vivid-blue, VS2-clarity, type IIb diamond, will be a headliner at the May 13 High Jewelry sale, Sotheby’s said Wednesday. The auction will mark the…
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Sale of specials achieves 95% sell-through rate.

Gareth Penny-led consortium would pay $750 million up front, Bloomberg says.

Sales value down 24% in fourth quarter and flat for full year.
A crucial change to GIA grading reports could restore confidence among the trade and consumers.