Author Archives: keith

88+ Carat D color, Flawless Diamond set to hit auction!
%Jeweler NYC %NYC Wholesale Diamonds

Sotheby’s auction house will be offering an 88.22-carat, flawless diamond as the top lot of its Hong Kong Sale of Magnificent Jewels and Jadeite on April 2. The D color, flawless, oval brilliant gem has an estimate of $11.2 million to $12.7 million.

The auction house is calling the stone “perfect” based on “every critical criterion” that diamonds are measured. It has received the highest ranking for color, clarity, cut, polish and symmetry. There are few diamonds ever offered at auction of more than 50 carats that have all of these qualities. In fact, it is one of only three oval diamonds of over 50 carats to appear at auction in living memory, and the largest to be auctioned in over five years, Sotheby’s said in a statement.

The finished diamond was from a 242-carat rough stone that was discovered in the Jwaneng mine in Botswana, jointly owned by De Beers and the government of Botswana and known for producing high quality roughs. Following its discovery, the rough was cut and polished over a period of several months to produce a symmetrical oval brilliant diamond. Sotheby’s said given the elongated shape of the rough the oval shape was chosen to preserve the greatest amount of weight.

“When you think that one ton of mined earth yields less than a carat of diamond, and that high quality diamonds over 10 carats are a rarity, the discovery of a 242-carat rough, of gem quality and exceptional size, is nothing short of a miracle,” said Patti Wong, chairman of Sotheby’s Asia. “The perfect 88.22-carat diamond is a summary of everything: a wonder of nature, a masterpiece resulting from man’s ability to shape the hardest material on earth into an object of ultimate beauty and the most concentrated form of wealth.”

David Bennett, worldwide chairman, International Jewellery Division, described the stone as “breathtaking,” adding that “barely any diamonds of this weight are known to possess the same exceptional qualities of purity and perfection as this remarkable stone which is so full of fire and blinding brilliance.”

The number of carats, 88, is a symbol of perfection and eternity, often associated with prosperity and luck in China and other Asian cultures, Sotheby’s says. “The Chinese pronunciation of 8 (bā), similar to that of 發 (fā) meaning wealth or fortune, is welcomed as a blessing of affluence. In its duality – 88 – it is believed to bring good wishes in abundance. There is also a visual resemblance between 88 and 囍 (literally: ‘double joy’), a popular decorative design composed of two stylized characters 喜 (‘joy’).”

So it seems appropriate that the diamond will be offered in Hong Kong.

Leave a Comment

Filed under Uncategorized

Although we are not very far into 2019, the new year has already produced some quite impressive Engagement Rings. Celebrities and their fashion have always had a way to set the trends to come, and their engagement rings are no different! So here are some of Hollywood’s couples who have recently gotten engaged, and we are here with the blingy details.

%Jeweler NYC %NYC Wholesale DiamondsMelissa Benoist and Chris Wood

The Supergirl actress said YES to co-star Chris Wood and this on trend sparkler.  The center is an Oval Diamond that appears to be around the 3ct mark.  It is set with a halo on a pave band.

%Jeweler NYC %NYC Wholesale DiamondsKatherine Schwarzenegger and Chris Pratt

The two announced their engagement on Instagram on January 14, and showed us some serious bling!  While they have not commented on the ring, it appears to be at least a 5ct Cushion, set on a super thin diamond band and a matching petite style pave halo.

%Jeweler NYC %NYC Wholesale Diamonds

Tim Tebow and Demi-Leigh Nel-Peters

The former NFL quarterback and 2017 Miss Universe got engaged in front of family and friends shortly after the New Year.  The ring is a 7.25ct Round diamond that Tebow has confirmed is Internally Flawless.

 

Leave a Comment

Filed under Uncategorized

Just in time for Valentine’s Day, a massive, record breaking heart shaped rough diamond has been discovered.
%Jeweler NYC %NYC Wholesale Diamonds

The world’s top diamond producer by output, Alrosa (MCX:ALRS), found a heart-shaped rough diamond at the Udachnaya kimberlite pipe in Yakutia, eastern Russia.

The stone weighs 65.7 carats and company experts say it may be over 300 million years old.

“Diamonds of a distinctive shape that resemble some object or symbol are extremely rare in nature. Most rough diamonds are octahedron-shaped or do not have a particular shape at all. The appearance of a heart-shaped rough diamond, especially on the eve of Valentine’s Day, seems to be a symbolic gift of nature not only to our company but also to all loving couples,” said Evgeny Agureev, Director of the United Selling Organization at Alrosa, in a media statement.

This is not the first time that the Russian firm lays hands on a unique diamond. Last summer, just in time for the World Cup that was being hosted in its home country, a rough diamond in the shape of a soccer ball was found at the company’s Karpinskaya-1 pipe, located in the northern Arkhangelsk Region.

The heart-shaped gem was actually dug up on January 23, 2019, but it made its public appearance on February 14. The place where it was unearthed, the Udachnaya pipe, is located near the town of Udachny, some 550 kilometres north of Mirny.

Udachnaya was first discovered in 1955 but it took over 15 years for open-pit mining to start in the place. The pipe now ranks among the largest primary diamond deposits both in Yakutia and abroad and it consists of two ore bodies, the Western and Eastern which unite in the near-surface part.

Leave a Comment

Filed under Uncategorized

 

%Jeweler NYC %NYC Wholesale Diamonds

Grammy Jewelry!

Lady Gaga made a statement on the Grammy Red Carpet wearing over 100 Carats in Diamonds. The necklace features 91 Carats and took over one year to design and construct. She topped it off with Princess Cut 10ct Diamond earrings.

Leave a Comment

Filed under Uncategorized

Are You Ready for Valentine’s Day?

Shop Our Love Inspired Collection

%Jeweler NYC %NYC Wholesale Diamonds%Jeweler NYC %NYC Wholesale Diamonds%Jeweler NYC %NYC Wholesale Diamonds%Jeweler NYC %NYC Wholesale DiamondsClick here to see the full Valentine’s Collection

NYC Wholesale Diamonds

Book your Private Viewing by Calling (212) 719-2214

or Email Us Anytime KS@nycwd.com

Leave a Comment

Filed under Uncategorized

 

%Jeweler NYC %NYC Wholesale DiamondsThank you, Erica, for our latest 5 Star Review.

It was such an honor to find you and your bride these exceptional “twin” diamonds.

“Keith is absolutely amazing! He explains everything during the process and went above and beyond to deliver gorgeous rings with twin diamonds for us. When buying diamonds you need someone you can trust and I can honestly say that all my referrals will be to Keith!”

~Erica K.

Leave a Comment

Filed under Uncategorized