New World Record For A Rare Blue Diamond

A deep analysis at the jewelry market today would show you the signs of weakness but then also the latest tip in the market proved to be really strong. Pictured above is a 13.39 carat stunner that got sold off at Geneva-based Christie’s breaking the world record at $8.9 million.

I reckon you would agree with me that such blue diamonds are rarely found. The stone is a type IIb diamond and such diamonds are only valued by jewelry lovers or collectors.

They surround small amounts of boron that gives them their return in the form of elegant shade. Another worth pointing feature is their property of being semi-conductors they conduct electricity. The auction generated total sales of $48.3 million.via

Diamond Encrusted Black Fridge By Gorenje

This stunning Gorenje Swarovski designed black fridge takes its inspirations from desktop PCs, but one-ups them by embedding 7,000 crystals on the front.

The appliance is the latest “Eye-catcher” from Gorenje and controlled by a touch screen mounted conveniently at eye level. Just is case diamonds aren’t enough for you it also comes equipped with a built-in radio, recipe book and voice memo recorder/player.

Don’t get too excited because they are only producing 10 diamond encrusted fridge for now.via

$500,000 Cultured Diamond Necklace

Gemesis, a company which sells "cultured" diamonds has gradually grown and they are now getting more designers to work with their stones. Last year designer Taryn Rose created a line using Gemesis stones and now Florida-based designer Lee Havens is displaying an impressive yellow cultured diamond necklace in his Palm Beach shop.

The $500,000 necklace was created by Gemesis and features 72 stones for a total of 64 carats. The necklace is being sold to benefit The Foundation for AIDS Research (AmFAR).

Along with other pieces created by Gemesis rings and pendants set with the cultured stones, which are priced from $20,000 to $40,000, will also be sold for benefit. Ten percent of sale proceeds will go to the charity.

The price of the Gemesis cultured diamond jewelry is approximately 30 percent of a "traditional" colored diamond piece.via