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The 400 year old, 34.98ct “Beau Sancy” is one of the world’s oldest, most famous & most storied diamonds. The jewel is currently on display in Paris, soon to be moved to London & then to end up in Sotheby’s Auction in Geneva on May 14th. The “Beau Sancy” is colourless with 110 facets & was the first ever diamond to be cut into a pear-shape making it even more spectacular.

Lord of Sancy bought the “Beau Sancy” for his wife, Marie de Medici, who was one of the richest women in Europe and part of the  famous Medici family of Italy. Sadly, Medici’s husband was murdered & she lost all of her wealth & in 1604 was forced to sell the diamond to King Henry IV of France for 80,000 florins. The diamond was passed through Henry’s descendants and many royal families of Europe.

May 14th will be a very lucky day for the person who buys this treasured diamond.

BULLION PRICES ROCKET and will effect wedding ring prices


While generally lacking in confidence the financial markets maintain their interest and confidence in precious metals i.e bullion, driving up prices. This year we have already seen huge gains in the market prices of Platinum, Gold and perhaps the surprise star Palladium.


The DiamondGeezer.com metal buyers recommend couples, looking to secure their wedding rings, do so sooner rather than later to avoid further hikes in the speculative bullion market. Rememeber that the prices of bullion as a trading commodity are set twice a day in London & New York and new values, while not immediately passed on, are instantly reflected in the prices all jewellery manufacturers, including DiamondGeezer.com have to pay.

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Lady Eliot, former fiancee of Earl Spencer, is selling the diamond ring given to her by the royal.

Earl Spencer's former fiancee is selling the diamond ring given to her when he proposed.

According to the Daily Mail, Lady Bianca Eliot has given what was once the royal's token of love to a jeweller's in London, where it is currently on sale for £29,000.

Lady Eliot, widow of Lord Eliot – whose death was the result of an epileptic fit in 2006 – separated from the Earl earlier this year.

A source was quoted in the paper as saying: "Spencer did not ask for the ring back – he said she could do whatever she wanted with it."

The ring was originally purchased for £25,000 and features a large diamond surrounded by small sapphires – the opposite of the ring Prince William proposed to Kate Middleton with, which formerly belonged to the Prince's mother and Earl Spencer's sister, Princess Diana.

Television historian Dan Snow exchanged rings recently with Lady Edwina Grosvenor in a simple Liverpool ceremony.

A statement read that the couple wanted a small wedding only attended by their families.

Sales at Gem Diamonds edged higher in the third quarter, thanks largely to operations at Letseng mine in Lesotho.

Gem Diamonds has posted a slight increase in sales for the third quarter of 2010, with precious stones valued at $51.9 million (£32.8 million) changing hands in the three months to September 30th.

The diamond production firm said performance at its Letseng mine in Lesotho helped boost results, with sales from the site climbing 18 per cent to $37.8 million.

A total of 21 rough diamonds sourced from Letseng sold for in excess of $20,000 per carat, including a 17.34-carat pink diamond that fetched $67,474 per carat.

The facility also yielded a 196-carat white diamond at the end of August, which was not included in a tender of precious stones that took place in October and will instead be sold as an exceptional diamond.

Commenting, Clifford Elphick, chief executive of the firm – which is based in London and has assets in eight countries – said prices of the precious stones "have continued to strengthen", thanks largely to demand from eastern nations.