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Pink Diamond Sets New Record!

Some things in life are just too precious to put a price on.  Some others, however, just rack up an awful lot of zero’s!  As a jewellers, we love to keep track of the movements of some of the world biggest and brightest pieces, and the “Unique Pink” diamond’s recent record breaking sale of £21.8m was a real thrill!

Pink DiamondJewellery Focus Magazine reported: “The 15.38-carat diamond – named ‘Unique Pink’ – sold for $31.56m (£21.8m) at Sotheby’s Geneva on Tuesday 17 March and became the most expensive diamond of its type to go under the hammer.

The diamond, which was unveiled in London on 7 April, received the highest colour grading for a pink diamond from the Gemological Institute of America (GIA) and was found to be type IIa, displaying “exceedingly pure structure”.

Cora International, whose chairman is Ehud Laniado, sold The Blue Moon, which was renamed The Blue Moon of Josephine by its new buyer, for a world record 48.6m Swiss francs (£31.8m) in November last year.

It beat the previous auction record for any diamond held by The Graff Pink (24.78-carats), which sold for $46.2m (£30.4m) at Sotheby’s Geneva in 2010.

Laniado said: “In the last 11 years, pink diamonds have risen in value by more than 350%. By comparison, gold has risen by just over 160%, according to the Fancy Color Research Foundation.

“Pink diamonds are among the rarest in the world and they are increasingly being viewed as an investment, something I believe is the way of the future. Diamonds are beautiful and a treasure of nature, but more than this, they offer an economy of rarity that is making them increasingly attractive to savvy investors.”

If your budget is a little bit less, but you are still looking for something just as lovely, why not pop in and see us in our Brentwood High Street stores today.

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How To Pick The Perfect Engagement Ring

engagement ring for blogThinking of popping the question? Having plucked up the courage to ask the love of your life if they will become you better half is hard enough, but trying to find the perfect engagement ring can seem like an impossible task.  As Brentwood’s best loved and most trusted jeweller, we see many nervous looking chaps come through our doors looking for that perfect piece.  If you are in the market for that special ring, we thought we would offer some advice on how to pick the perfect engagement ring for your beloved.

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