Headlines

Mining Company Sells ‘Exceptional Pink’ Gem for $15 Million

Published

8 years ago

March 28, 2016

INSTORE Staff

The 32-carat diamond was unearthed in Tanzania.

Petra Diamonds – which is uniquely headquartered on the island of Jersey between England and France – sold an “exceptional pink” diamond for $15 million last week, Mining.com reports. The article says that the gem weighs 32.33 carats and was discovered from the company’s Williamson mine in Tanzania. Golden Yellow Diamonds purchased it on behalf of M.A. Anavi Diamond Group, which specializes in large and unique color diamonds. The terms of the transaction include Petra receiving 10 percent of the added value that comes from the polished proceeds.

See the gem at Mining.com

This Third-Generation Jeweler Was Ready for Retirement. He Called Wilkerson

Retirement is never easy, especially when it means the end to a business that was founded in 1884. But for Laura and Sam Sipe, it was time to put their own needs first. They decided to close J.C. Sipe Jewelers, one of Indianapolis’ most trusted names in fine jewelry, and call Wilkerson. “Laura and I decided the conditions were right,” says Sam. Wilkerson handled every detail in their going-out-of-business sale, from marketing to manning the sales floor. “The main goal was to sell our existing inventory that’s all paid for and turn that into cash for our retirement,” says Sam. “It’s been very, very productive.” Would they recommend Wilkerson to other jewelers who want to enjoy their golden years? Absolutely! “Call Wilkerson,” says Laura. “They can help you achieve your goals so you’ll be able to move into retirement comfortably.”