NewsBrief May 17, 2023 Bulgari Blue Diamond Rakes In over $25M A blue diamond weighing 11.16 carats sold for $25.2 million on Tuesday, becoming the most valuable jewel at this year’s Geneva auctions, according to Sotheby’s. Heidi Horten Jewelry Collection Sets Record in Geneva Christie’s garners $202.2 million from three-part auction. A Year in the Life of Watch Auctions The hammer went down on more than $760 million in sales in 2022, says The Mercury Project. What’s next? Alrosa Lines Up Pavel Marinychev as Potential CEO Supervisory board to consider former Almazy Anabara chief as Sergey Ivanov’s replacement. Trending Stories The Prospect of Diamond Origin Determination: In Brief Zvi Yehuda, Inventor of Sherlock Holmes Machine, Dies at 86 The De Beers-Botswana Divide Events Rapaport Melee Auction May 9-17 New York & Dubai More Details Rapaport Single Stone Auction May 17-30 New York & Israel More Details Diamond Trends Webinar with Avi Krawitz: Why the Diamond Market Has Slowed May 17, 10 a.m. EST May 18, 3:30 p.m. India Time Online Register Here RapNet Diamond Index (RAPI™) Diamond Data Size Index Weekly Monthly Y2Y  0.30 ct 1606 -0.21% 0.33% -0.82%  0.50 ct 2531 -0.97% -3.02% -20.13%  1.00 ct 7112 -0.40% -2.30% -23.00%  3.00 ct 23909 0.01% -1.24% -15.46% Rapaport Investment Grade Diamonds

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