Headlines

Polished Diamond Prices Inch Higher in December

Published

3 years ago

January 4, 2016

Holiday season fueled the slight increase.

Polished diamond prices increased slightly in December, a movement that was triggered by the global holiday season, IDEX Online reports. “However, the increase was small – the Index began the month at 123.2 and ended at 124.4 – but given the performance of diamonds prices throughout the year, any increase is welcome news.”

Read more at Idex Online

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Texas Jeweler Knew He'd Get Only One Shot at a GOB Sale, So He Wanted to Make It Count

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Headlines

Jewelry Store Robbed After Owner Tied Up in Home

The thieves made off with hundreds of thousands of dollars in goods.

Published

17 hours ago

February 18, 2019

INSTORE Staff

Icebox Diamonds & Watches in Atlanta was burglarized after masked gunmen tied up the owner and his wife in their home, the Atlanta Journal-Constitution reports.

Cobb County police stated that on Friday, the culprits forced the couple into their home and took the store keys. The couple were not injured.

(Other news sources, including WXIA-TV, described the victims as the “manager and his wife.”)

Two men broke into the Buckhead store at about 11:30 p.m. and spent about two hours there, authorities said. They took jewelry and watches from safes.

The stolen goods were reportedly worth hundreds of thousands of dollars in total. Cash and jewelry were also stolen from the store owner’s home, according to the Journal-Constitution.

Icebox Diamonds & Watches is known for its celebrity clientele, the newspaper notes.

Read more at the Atlanta Journal-Constitution

Headlines

Singer Katy Perry Shows Off $5M Engagement Ring — Take a Look

It’s one of the most expensive celebrity engagement rings ever.

Published

17 hours ago

February 18, 2019

INSTORE Staff

View this post on Instagram

full bloom
A post shared by KATY PERRY (@katyperry) on Feb 15, 2019 at 2:07am PST

Singer Katy Perry took to Instagram to show off the engagement ring she got from actor Orlando Bloom when he popped the question on Valentine’s Day.

E! News explains that “the flower-shaped sparkler appears to have a pink center stone with diamonds surrounding it, along with a gold band.” She captioned the photo “full bloom.”

Andrew Brown, president of WP Diamonds, told E! News that the ring is likely worth about $5 million.

He said it appears to feature “a 4-carat fancy vivid pink oval shaped diamond.” That stone is encircled by eight white diamonds.

The estimated price tag would put the ring among the most expensive ever worn by a celebrity.

Perhaps the most expensive celebrity engagement ring ever was the $10 million sparkler given to singer Mariah Carey in 2016 by Australian businessman James Packer. Their engagement was called off that same year.

Read more at E! News