Headlines

World’s Most Expensive Rough Diamond Changes Hands

Published

8 years ago

September 13, 2016

It measures over 6 centimeters wide and weighs 813-carats.

Switzerland-based de Grisogono has acquired the rights to market The Constellation, which earlier this year set a record for the world’s most expensive rough diamond, Mining.com reports. The purchase was announced at a Sept. 9 press conference at the opening of the 28th Biennale des Antiquaires in Paris. Financial terms of the deal were not disclosed. The diamond, which measures over 6 centimeters wide, weighs 813-carats and was discovered by Canada-based Lucara Diamond at its Karowe mine in Botswana in November 2015. In May, Dubai-based Nemesis International paid $63.1 million for the stone in an auction. Fawaz Gruosi, de Grisogono founder and executive board member, says: “To be able to bring my creative skills to the cutting and setting process of such a stone is both an honour and a privilege and I cannot wait to realise my vision for it.” De Grisogono explains that its partnership with Nemesis International allows it “to access the most precious rough diamonds, manage the entire cutting process and bring the very highest quality stones to its clients, combined with the distinctive de GRISOGONO creativity and craftsmanship.”

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.”