WELCOME TO OUR BLOG – ENJOY, LEARN, JOIN IN

A very rare diamond ring could fetch $27 million in an auction in Switzerland next week.

A rare pink diamond could set a new record when it goes up for auction in Geneva next week.

The stone, which has been named Fancy Intense Pink, is currently presented as an emerald cut diamond ring and Sotheby's has estimated that it is worth around $27 million (£17 million).

It was sold by renowned American jeweller Harry Winston 60 years ago and has been kept in a private collection until now.

A star attraction at the upcoming auction at a luxury hotel in the Swiss city on November 16th, the item is predicted to overtake most valuable jewel ever to go under the hammer, the Wittelsbach blue diamond, which fetched $24.3 million in December 2008 at a sale held by rival auction house Christie's.

Thaindian News recently reported a diamond encrusted pen sold at an auction in Visakhpatnam, India for 2.3 million rupees (£32,000) in October.

The pen was said to have been made by six craftsmen and was embellished with 2,500 stones encased in white gold.

A pen embellished with thousands of diamonds has sold for over 2 million rupees.

A diamond encrusted pen has sold for 2.3 million rupees (£32,000) at a diamond jewellery exhibition in India.

According to Thaindian News, the item changed hands in Visakhapatnam, where it was displayed alongside wedding rings and diamond necklaces.

The piece, which has been certified by the Intenational Gemological Institute (IGI), is said to be embellished with thousands of precious stones.

Claiming to be the largest organisation of its kind, the IGI operates across the world with offices in China, North America and India.

Organisers stated the prices of the goods on display are the reason the exhibition has been such a success, with large numbers of jewellery and shopping enthusiasts gathering at the event last weekend (October 30th-31st).

Reported to have been made by six craftsmen, the item took 18 months to produce and includes 2,500 natural diamonds set in white gold.

Exhibition organiser Mani Singh Deo was quoted as saying: "As you see the pen, you will be able to know that it's a very unique piece and essentially we wanted to make [it] a collector's item." 

DiamondGeezer.com were delighted to welcome James Caan, famous for Dragon’s Den but also a very well respected business financier, to their offices in Bourton-on-the-Water on the 1st. July (2009). James was there to film the ‘where-are-they-now’ version of Dragons’ Den for series 7 of the hit BBC show which will be aired by the BBC in the Autumn. Clive Billing, DiamondGeezer.com founder and owner famously turned down the highest ever offer made by the Dragons, Peter, Theo and James, because ‘they wanted too much of his established family business’.

During the course of the day’s filming Clive and co-director, son Luke presented James with a stunning diamond set palladium Dragon lapel pin. Michael-John, DiamondGeezer.com’s resident cad-cam designer used the company’s cutting-edge computer-aided-design technogly to take Diamond Geezer Clive’s dragon concept to new heights . Then the inimitable traditional skill-set of DiamondGeezer.com’s jewellery craftsmen bought this stunning piece to life . James a self confessed lover of bling was delighted with his diamond-set Dragon pin and seemed sure that it would attract the envy of the other Dragons, which seemed to hit the spot.

LINKS – in order of appearance

DiamondGeezer.com
James Caan
Dragon’s Den
BBC
Palladium
Dragon lapel pin