Jeweller - February 2022
• Stronger together - Buying Groups get ready for 2022 with newfound vigour • The Great Retail Reset - Pandemic demonstrates that every cloud has a silver lining • Vale Peter Beck - Tribute to a jewellery industry icon
• Stronger together - Buying Groups get ready for 2022 with newfound vigour
• The Great Retail Reset - Pandemic demonstrates that every cloud has a silver lining
• Vale Peter Beck - Tribute to a jewellery industry icon
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News<br />
Emerald-cut diamond ring sets new<br />
Australian auction record<br />
Auction house Leonard Joel claims to have set yet another Australian price<br />
record for a diamond ring.<br />
The record-breaking sale of a 20.05-carat diamond ring for $1.625 million,<br />
including buyer’s premium (IBP) edged out a 25.02-carat ring also sold by<br />
Leonard Joel in April 2021 for $1.25 million.<br />
The company celebrated 40<br />
years of jewellery in 2021 and<br />
capped off this celebration with<br />
the record-breaking sale of the<br />
magnificent solitaire diamond<br />
ring on 7 December 2021 during<br />
the final auction of the year.<br />
The record-breaking VVS2<br />
diamond was shown in<br />
Melbourne and Sydney. The<br />
emerald-cut stone is claw-set<br />
above a gallery pavé-set with<br />
brilliant-cut diamonds, flanked<br />
Record breaking VVS2 20.05-carat emerald-cut<br />
by trapezoid diamonds, mounted diamond ring sells for $1,625,000 at Leonard Joel.<br />
in platinum.<br />
It was sold to a local buyer and is said had fallen in love with the piece at the<br />
earlier viewing.<br />
Following these two stones is a 9.67-carat diamond and Argyle fancy pink<br />
diamond ring that sold for $725,000 IBP and a 17.34-carat diamond ring<br />
that sold for $575,000 IBP. It concludes 2021 with jewellery sales totaling of<br />
$9,787,750.<br />
32.32-carat pink diamond fetches $19m<br />
Multinational company Diacore has acquired an exceptional 32.32-carat<br />
pink rough diamond discovered at the Williamson mine in Tanzania for<br />
$US13.8 million ($AU19.06 million). The rough was part of the 26,000 carats<br />
from the mine’s first tender that was offered in Antwerp in November.<br />
According to Nir Livnat,<br />
chairman, Diacore, "This rare<br />
masterpiece of nature is a<br />
natural fit to our unique offering<br />
as cutters and marketeers of<br />
special diamonds."<br />
The stone was purchased from<br />
Petra Diamonds which operates<br />
the Williamson mine. It closed<br />
in April last year in compliance<br />
with COVID-19 lockdown<br />
guidelines, with operations<br />
expected to resume during the<br />
first quarter of <strong>2022</strong>.<br />
The rare pink rough will be analysed and cut by<br />
the company's highly experienced team to bring<br />
out the beauty and best yield.<br />
Diacore has been specialising<br />
in rare colour diamonds and is<br />
known for purchasing some of the rarest stones, such as the 204.36-carat<br />
fancy intense yellow diamond called the Dancing Sun, early this year,<br />
which was reputed to be the largest polished diamond unearthed in North<br />
America.<br />
Among the other notable purchases of the company were the 203.04-carat<br />
De Beers Millennium Star and the 59.6-carat flawless Pink Star diamond.