Following a 40 day period of submissions and evaluation, IGI’s international panel of prestigious judges has advanced 30 design concepts to the final round of the 2020 IGI JEWEL Jewelry Design Contest. These creative works, which can be seen here, were selected for creativity, use of materials, budget, feasibility of production and wearability.
Announcements and intelligence from IGI Worldwide
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.
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.