10 Most Popular Jewelry News Stories: Week of Nov. 12



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

Legendary Flawless Diamond Sets World Record at Auction

The famed Archduke Joseph Diamond fetched a princely price at Christie’s Geneva on Nov. 12 Geneva: $21.5 million, a world auction record for a colorless diamond.

Lacy and Co. Shutting Down

Lacy & Co.—for years considered one of America’s premier independent jewelers—will close after Christmas, says owner Ellen Lacy.

Recovered Titanic Jewels Go on Display

Fifteen artifacts and jewels recovered from the remnants of the Titanic will embark on a three-city tour between November 2012 and May 2013.

Deep Blue Diamond Fetches $1 Million a Carat at Auction

On Nov. 14 at Sotheby’s Geneva, a 10.48 ct. fancy deep blue briolette diamond fetched $1.036 million a carat—a world record per-carat price for a deep blue stone.

Harry Winston Buys BHP Diamond Mine

On Nov. 13, Harry Winston announced plans to purchase BHP’s controlling interest in the Ekati diamond mine in Canada’s Northwest Territories for $500 million—a move that will greatly expand the company’s reach in the diamond mining business.

Survey Finds Highest Holiday Jewelry Demand in Five Years

Some 22.5 percent of shoppers plan to buy jewelry this holiday—the highest level since 2007, according to the National Retail Federation’s annual holiday spending survey.

Eric Clapton Watch Fetches $3.6 Million at Auction

A rare Patek Philippe that once belonged to guitarist Eric Clapton fetched $3.6 million at a Christie’s Geneva watch auction, a world record for the reference.

More Retailers Starting Black Friday on Thanksgiving

Many of the nation’s big retailers are beginning the annual shopping extravaganza the night before, on the day otherwise known as Thanksgiving, accelerating a trend that began last year.

London Jewelers’ $2.5 Million Bra for Victoria’s Secret

This year marks the second time that Long Island, N.Y.–based London Jewelers has designed the show’s annual pièce de résistance—the fantasy bra.

Picture This: Diamond Dash Window Displays at Michael C. Fina in Manhattan

This Saturday in New York City, Michael C. Fina will host its third scavenger hunt for a diamond ring, and its window displays touting the event are just fabulous!