Announcements and intelligence from IGI Worldwide
Earlier this month IGI received two large HPHT-produced lab-grown diamonds for analysis and grading. One of those stones has become the Guinness World Record Holder for the largest black lab-grown diamond in history.
We are pleased to announce a new, elevated design for our identification and grading reports. This design update comes 45 years after our first Diamond report was issued in Antwerp, Belgium, in 1975.
Can we call them the Blues Brothers? Individually weighing 25.75 carats, 21.25 carats, 17.57 carats, 11.42 carats and 9.61 carats, Petra Diamonds reports that these spectacular siblings were assessed to be individual stones, not originally part of a larger diamond.
Another independent analysis has concluded that IGI's loose diamond grading ranks among the world's strictest. In an independent comparison of dual-certified diamonds IGI's color grading was stricter than that of GIA in a majority of cases, with clarity the same or stricter in most cases, as well.
ALROSA reported more than $20 million in revenue generated by special-size rough diamond auctions in Belgium and Israel this month. The diamonds were sold to clients from Belgium, India, Israel and United Arab Emirates.
USA jewelry sales are climbing. Signet Jewelers, the parent of Kay and Jared, saw sales rise at the end of the last quarter and continue to climb in August. Tiffany & company reported the same trend. And diamond jewelry was one of the top product categories at both Macy's and Bloomingdale's during the quarter ending August 1.
An exceptionally rare, clear diamond "the size of a lollipop" is being offered without reserve at auction by Sotheby's. According to the auction house, an item of this historic importance and value has never been offered with no-reserve before.
The last two 100+ carat diamonds, unearthed over a span of 48 hours, are the 10th and 11th gem-quality stones weighing more than 100 carats found at Letšeng this year. At an elevation of more than 10,000 feet, the world's highest diamond mine also boasts the world's highest value-per-carat.
The Argyle Diamond Mine in the remote east Kimberley region of Western Australia is scheduled to close by the end of 2020 following nearly forty years of production. "One Lifetime, One Encounter" is an auction event, offering a collection of the rarest diamonds extracted there over a year's production.
IGI Hong Kong is pleased to announce the opening of new headquarters in the historic Hung Hom district, the home of numerous jewelry producers, international jewelry trade shows and expos and the Hong Kong Jewelry Manufacturer's Association.