10 Most Popular Jewelry News Stories: Week of March 3

A roundup of JCK’s top stories from the past week:

Online Jeweler Union Diamond Carves Out a Niche in the Jewelry Industry

Online jeweler Union Diamond’s senior vice president Barbara Palumbo talks to me about her company’s story in an attempt to better educate the jewelry industry on where an online jeweler might fit in today’s marketplace.

Who Wore What Jewelry to the 84th Annual Academy Awards

On the biggest jewelry night of the year, celebs wore brooches, emeralds, and lots and lots of diamonds.

Sotheby’s Auctioning Legendary 35 Carat Beau Sancy Diamond

Sotheby’s Geneva will auction the legendary Beau Sancy Diamond—a stone passed down through four royal families—during the Magnificent Jewels and Noble Jewels sale May 15.

Chopard’s Collar for ‘The Artist’ Star Uggie to Be Auctioned for Charity

Oscar jewelry has gone to the dogs…literally.

Warren Buffett Again Selling Jewelry at Borsheims

Warren Buffett will man the jewelry counter at Borsheims for the second year in a row during the annual Berkshire Hathaway shareholder’s meeting, according to the blog for the Omaha, Neb.-based store.       

$10 Million Basel Thief Identified

As the watch world prepares for this year’s Baselworld fair, opening March 8 in Basel, Switzerland, the local prosecutor’s office believes it has identified one of the perpetrators of last year’s $10 million diamond theft.

Will an Internet Sales Tax Hurt Blue Nile?

Last week, a commenter raised the issue of what impact an Internet sales tax could have on the leading diamond e-commerce site, Blue Nile.

The Too-Good-to-Be-True Tale of Liz Taylor’s $11.8 Million La Peregrina

La Peregrina, the natural 50.56 ct. pear-shape pearl that sold for a record $11.8 million at Christie’s Dec. 13 sale of Elizabeth Taylor’s ­jewelry, nearly quadrupled its estimate for one reason and one reason alone: its incredible provenance.        

Who Wore What Jewelry to the Oscar Parties

Aside from the highly publicized red carpet walk at the Kodak Theatre on Feb. 26, jewelry placement opportunities were abundant at Oscar parties.

Oscar Night Style Commentary: The Hits and Misses

While many outfits struck a pleasant chord, some were less than appealing, and still others made us wonder what on earth the stars and their stylists were thinking.

Gold Price Experiences Huge One-Day Drop

The continued volatility of gold was on stark display this week, as the yellow metal’s price dropped more than $70 on Feb. 29 before rebounding slightly on March 1.