Wednesday 24 March 2021

Christie’s Gets Colorful with New York Auction

 


Three rings featuring diamonds with fancy-vivid color will head up the Christie’s Magnificent Jewels auction in New York next month.

The trio of jewels, called the Perfect Palette, comprises a 2.13-carat, fancy-vivid-blue diamond ring, estimated at $2 million to $3 million, Christie’s said Tuesday. Also included are a 2.34-carat, fancy-vivid-orange diamond ring and a 2.17-carat, fancy-vivid-purplish-pink diamond ring, both with a high valuation of $2.5 million. Each will be offered as a separate lot at the April 13 sale, the auction house added.

Other notable items are two oval modified brilliant-cut diamonds. The first — a 25.55-carat, fancy-vivid-yellow, VS1-clarity diamond ring — has a high estimate of $1.2 million, while the 6.56-carat, fancy-intense-orangey-pink, VVS1-clarity diamond ring carries an upper valuation of $1 million.

An oval mixed-cut, 3.02-carat, fancy-vivid-purplish-pink, SI2-clarity diamond ring, set with round pink diamonds on the band, is estimated at up to $1.5 million. Christie’s will offer that piece without reserve.

Meanwhile, a pear brilliant-cut, 38.04-carat, D-flawless, type IIa diamond ring with a high estimate of $3.5 million will feature as a top lot. An emerald-cut, 14.50-carat, D-color, internally flawless, type IIa diamond valued at up to $1 million is also up for sale, as are signed pieces by designers Suzanne Belperron, Bulgari, Cartier, David Webb, Harry Winston, Van Cleef & Arpels, and Verdura.

Christie’s will hold a concurrent Online Jewels auction from April 8 to 20, featuring a selection of items from Bulgari, Cartier and Elsa Peretti for Tiffany & Co., among others. The auction house has not decided whether it will hold an in-person sale or conduct live bidding over the phone and online, a spokesperson told Rapaport News.

Source: DCLA

Christie’s Gets Colorful with New York Auction

 


Three rings featuring diamonds with fancy-vivid color will head up the Christie’s Magnificent Jewels auction in New York next month.

The trio of jewels, called the Perfect Palette, comprises a 2.13-carat, fancy-vivid-blue diamond ring, estimated at $2 million to $3 million, Christie’s said Tuesday. Also included are a 2.34-carat, fancy-vivid-orange diamond ring and a 2.17-carat, fancy-vivid-purplish-pink diamond ring, both with a high valuation of $2.5 million. Each will be offered as a separate lot at the April 13 sale, the auction house added.

Other notable items are two oval modified brilliant-cut diamonds. The first — a 25.55-carat, fancy-vivid-yellow, VS1-clarity diamond ring — has a high estimate of $1.2 million, while the 6.56-carat, fancy-intense-orangey-pink, VVS1-clarity diamond ring carries an upper valuation of $1 million.

An oval mixed-cut, 3.02-carat, fancy-vivid-purplish-pink, SI2-clarity diamond ring, set with round pink diamonds on the band, is estimated at up to $1.5 million. Christie’s will offer that piece without reserve.

Meanwhile, a pear brilliant-cut, 38.04-carat, D-flawless, type IIa diamond ring with a high estimate of $3.5 million will feature as a top lot. An emerald-cut, 14.50-carat, D-color, internally flawless, type IIa diamond valued at up to $1 million is also up for sale, as are signed pieces by designers Suzanne Belperron, Bulgari, Cartier, David Webb, Harry Winston, Van Cleef & Arpels, and Verdura.

Christie’s will hold a concurrent Online Jewels auction from April 8 to 20, featuring a selection of items from Bulgari, Cartier and Elsa Peretti for Tiffany & Co., among others. The auction house has not decided whether it will hold an in-person sale or conduct live bidding over the phone and online, a spokesperson told Rapaport News.

Source: DCLA

Tuesday 23 March 2021

Christie’s Online Jewelry Auction Sells Out

 


Christie’s garnered $799,125 from its online sale of jewelry by designer Michele della Valle, with 100% of items finding buyers.

The top lot at the auction was a pair of yellow sapphire, tsavorite garnet and diamond lemon earrings, which went for $75,000, smashing its $10,000 high estimate, Christie’s said last week. Another set of earrings — containing 52 round and 12 baguette-cut diamonds weighing a total of 1.55 carats, tsavorite garnets, and red agate beads — also soared past its upper valuation. The pair, designed to look like cherries, brought in $37,500, well over its $6,000 estimate.

A number of emerald and tourmaline pieces also fared well. A brooch featuring round emeralds and cabochon green tourmalines sold for $37,500, well above its estimate, while a pair of earrings set with round, oval and marquise-cut emeralds fetched $25,000, nearly four times its high valuation. A square step-cut, 13.25-carat orange tourmaline ring, surrounded by cabochon green tourmalines and diamonds, brought in $23,750, against a high valuation of $6,000.

“With a background in opera and the arts, della Valle’s aptitude for creative output knows no bounds,” said Caroline Ervin, a specialist for Christie’s jewelry department. “For decades, della Valle has delighted jewelry collectors and fans alike with his bold and colorful creations. His unexpected and whimsical creations offered in our sale were met with enthusiasm from Christie’s clients around the world.”

In total, Christie’s offered 65 pieces by the designer, with bidders from 24 countries participating in the auction.

Source: DCLA

Christie’s Online Jewelry Auction Sells Out

 


Christie’s garnered $799,125 from its online sale of jewelry by designer Michele della Valle, with 100% of items finding buyers.

The top lot at the auction was a pair of yellow sapphire, tsavorite garnet and diamond lemon earrings, which went for $75,000, smashing its $10,000 high estimate, Christie’s said last week. Another set of earrings — containing 52 round and 12 baguette-cut diamonds weighing a total of 1.55 carats, tsavorite garnets, and red agate beads — also soared past its upper valuation. The pair, designed to look like cherries, brought in $37,500, well over its $6,000 estimate.

A number of emerald and tourmaline pieces also fared well. A brooch featuring round emeralds and cabochon green tourmalines sold for $37,500, well above its estimate, while a pair of earrings set with round, oval and marquise-cut emeralds fetched $25,000, nearly four times its high valuation. A square step-cut, 13.25-carat orange tourmaline ring, surrounded by cabochon green tourmalines and diamonds, brought in $23,750, against a high valuation of $6,000.

“With a background in opera and the arts, della Valle’s aptitude for creative output knows no bounds,” said Caroline Ervin, a specialist for Christie’s jewelry department. “For decades, della Valle has delighted jewelry collectors and fans alike with his bold and colorful creations. His unexpected and whimsical creations offered in our sale were met with enthusiasm from Christie’s clients around the world.”

In total, Christie’s offered 65 pieces by the designer, with bidders from 24 countries participating in the auction.

Source: DCLA

Monday 22 March 2021

Graff Unveils New High-Jewelry Collection: Tribal

 


Graff is known for its exquisite diamonds. The London-based jewelry house has acquired many notable diamond acquisitions, some that set world records. As a vertically integrated jeweler, the house cuts, polishes, and sets these incredible diamonds in-house, allowing it to control every facet of these stunning diamonds. 

Graff is known for its incredible diamonds
Graff is known for its incredible diamonds GRAFF

To coincide with the spring equinox, Graff unveiled Tribal, its newest high-jewelry collection. The collection focuses on white and yellow diamonds, with one exceptional emerald suite, in three sculptural motifs. The collection is inspired by the stories that our ancestors would tell themselves to explain the world around them and the heavens above, so these motifs focus on the sky, sun, and stars — a language understood around the world. 

Francois Graff, CEO of Graff, tells Forbes, “Tribal is a fabulous collection, inspired by the magical folktale of the girl who created the stars. For me, the iconic, timeless symbols that unite the collection evoke a deep feeling of being connected to the world around us on a universal level. Tribal raises the bar in high jewelry and pushes the boundaries of creativity, craftsmanship, and exceptional stones for which we are known.”

The Graff Gateway pieces feature abstract ovals
The Graff Gateway pieces feature abstract ovals GRAFF

Graff Graff Gateway features striking, architectural designs. These pieces feature abstract ovals with pear-cut or round diamonds within. They evoke swirling galaxies with a brilliant diamond star at the heart. For a more delicate, almost lace-inspired look, the Graff Gateway choker and cuff bracelets alternate rows of round diamonds and diamonds with a more subtle oval motif. 

The Sun Worship necklace features 374 white and yellow diamonds with a 10.56-carat pear-shaped Fancy Vivid Yellow diamond in the center.
The Sun Worship necklace features 374 white and yellow diamonds with a 10.56-carat pear-shaped Fancy … [+] GRAFF

The powerful New Dawn collection is inspired by the sun’s rays as it rises above the horizon. These pieces feature sunburst motifs set in white or yellow diamonds. Some diamond rays spiral from a significant central stone, while other pieces focus on geometric compositions. The Sun Worship necklace features 374 white and yellow diamonds with a 10.56-carat pear-shaped Fancy Vivid Yellow diamond in the center. 

Sara Sampaio wears the Night Moon pieces
Sara Sampaio wears the Night Moon pieces MIKAEL JANSSON FOR GRAFF

Finally, the Night Moon collection features glittering diamonds reminiscent of starry night skies. These pieces feature pavé diamond half-moons in striking geometric motifs inspired by elemental shapes found in nature. 

The collection launched with a gorgeous campaign shot on location in the Atlantis Dune in South Africa. Mikael Jansson shot Portuguese supermodel Sara Sampaio in these remote dunes alongside custom-made blacked steel sculptures inspired by the motifs in the Tribal jewelry collection.

Source: DCLA

Graff Unveils New High-Jewelry Collection: Tribal

 


Graff is known for its exquisite diamonds. The London-based jewelry house has acquired many notable diamond acquisitions, some that set world records. As a vertically integrated jeweler, the house cuts, polishes, and sets these incredible diamonds in-house, allowing it to control every facet of these stunning diamonds. 

Graff is known for its incredible diamonds
Graff is known for its incredible diamonds GRAFF

To coincide with the spring equinox, Graff unveiled Tribal, its newest high-jewelry collection. The collection focuses on white and yellow diamonds, with one exceptional emerald suite, in three sculptural motifs. The collection is inspired by the stories that our ancestors would tell themselves to explain the world around them and the heavens above, so these motifs focus on the sky, sun, and stars — a language understood around the world. 

Francois Graff, CEO of Graff, tells Forbes, “Tribal is a fabulous collection, inspired by the magical folktale of the girl who created the stars. For me, the iconic, timeless symbols that unite the collection evoke a deep feeling of being connected to the world around us on a universal level. Tribal raises the bar in high jewelry and pushes the boundaries of creativity, craftsmanship, and exceptional stones for which we are known.”

The Graff Gateway pieces feature abstract ovals
The Graff Gateway pieces feature abstract ovals GRAFF

Graff Graff Gateway features striking, architectural designs. These pieces feature abstract ovals with pear-cut or round diamonds within. They evoke swirling galaxies with a brilliant diamond star at the heart. For a more delicate, almost lace-inspired look, the Graff Gateway choker and cuff bracelets alternate rows of round diamonds and diamonds with a more subtle oval motif. 

The Sun Worship necklace features 374 white and yellow diamonds with a 10.56-carat pear-shaped Fancy Vivid Yellow diamond in the center.
The Sun Worship necklace features 374 white and yellow diamonds with a 10.56-carat pear-shaped Fancy … [+] GRAFF

The powerful New Dawn collection is inspired by the sun’s rays as it rises above the horizon. These pieces feature sunburst motifs set in white or yellow diamonds. Some diamond rays spiral from a significant central stone, while other pieces focus on geometric compositions. The Sun Worship necklace features 374 white and yellow diamonds with a 10.56-carat pear-shaped Fancy Vivid Yellow diamond in the center. 

Sara Sampaio wears the Night Moon pieces
Sara Sampaio wears the Night Moon pieces MIKAEL JANSSON FOR GRAFF

Finally, the Night Moon collection features glittering diamonds reminiscent of starry night skies. These pieces feature pavé diamond half-moons in striking geometric motifs inspired by elemental shapes found in nature. 

The collection launched with a gorgeous campaign shot on location in the Atlantis Dune in South Africa. Mikael Jansson shot Portuguese supermodel Sara Sampaio in these remote dunes alongside custom-made blacked steel sculptures inspired by the motifs in the Tribal jewelry collection.

Source: DCLA

Sunday 21 March 2021

Who wins and who loses in the rush for diamonds?

 


The list of hardships and suffering linked to Zimbabwe’s diamond mines is growing longer by the day.

Since diamonds were discovered in the Marange fields in 2001, non-governmental organisations have been looking into abuse and dodgy dealings:

Human rights violations;
Opaque business deals;
Unfair treatment of residents;
Diamond smuggling.


The Marange diamond fields are in Chiadzwa, Mutare District, in eastern Zimbabwe. Thousands of people have been displaced to make way for mining operations.

Chinese mining companies and the Harare government made big promises to the displaced people, and their hopes are fading, with people saying they were duped to move out of their ancestral lands.

When Zimbabwean villagers from Chiadzwa were relocated to Agricultural Rural Development Authority (Arda) Transau, a state-owned farm in Odzi, about 40km from Mutare, to pave way for diamond mining, they were promised better life by both the government and several Chinese mining companies.

The government relocated more than 1 200 villagers from Chiadzwa to Arda Transau in 2009 after forcibly removing, in a bloody crackdown, more than 20 000 small-scale miners who had invaded the once-rich diamond fields in 2006.

Promises, promises

Arable lands, a US$5 000 compensation fee, grazing lands, schools and jobs are some of what the relocated residents were promised.

Chinese mining companies that were among the seven companies given mining rights include Jinan and Anjin — a company jointly owned by Chinese company Anhui Foreign Economic Construction Company Limited and Matt Bronze, a company owned by the Zimbabwe Defence Forces.

When the government under Zimbabwe’s long-time ruler, the late Robert Mugabe, took over the diamond fields through the newly formed Zimbabwe Consolidated Diamond Company (ZCDC) in 2016, some of the relocated villagers were hopeful that the move would improve their livelihoods.

Anjin was against Mugabe’s move and took his government to court.

In 2019, Anjin joined mining companies ZCDC in Chiadzwa after it was given back its mining license following pressure from Beijing on President Emmerson Mnangagwa, who came to power after Mugabe was toppled through a military coup in November 2017.

Hopes fading away

Many relocated residents say they got an unfair deal. They are living in dilapidated houses while their children are learning in makeshift classes. This is no clean water and few jobs.

“When I relocated to this area in 2010, this house was already cracking,” Jason Musiyanga (40), a father of three, said.

Musiyanga, whose name has been changed to protect his identity for fear of reprisal, says no one is coming to his rescue.

“I am living in fear. One day, this four-roomed house might just fall while I am asleep with my family,” he said.

Not enough to go around

Nomore Mamombe 51 said his one-hectare piece of land was not enough to accommodate his family of seven children with four of them married.

“Back in Chiadzwa, I had a 16-hectare piece of land which was enough for my children to build their own houses when they get married. Now we are sharing this four-roomed house,”  Mamombe said.

“It is against my Shona culture for me to share the same house with my daughters-in-law.”

Looking for answers

Neither the government nor the companies are claiming responsibility for the hardships of the residents of Arda Transau.

Each group of villagers was relocated by each of the seven companies that had been granted mining licenses by the government.

Musiyanga was relocated by Anjin, while Mamombe was relocated by Jinan.

Mines minister Winston Chitando did not respond to questions sent to him by The Africa Report.

Anjin secretary Richard Mahoya, in a telephone interview, requested the questions to be sent to him via email.

They were sent, and he acknowledged receipt, but he had not yet responded by the time of publishing.

No property security

“The Chinese built nearly 1 000 houses for over 1 200 households,” according to the Arda Transau Relocation Development Trust (ATRDT).

Tawanda Mufute, the ATRDT secretary, said they did not have title deeds to their properties.

“We have made strides for us to get title deeds but our efforts were fruitless. There are fears that if another mineral like gold is found where we are now, we might be relocated again. We do not have any property security,” he said.

Mufute added that the population had since grown and villagers were now competing for the few available resources.

“Our population is now more than 9 000,” he said.

A single school

The relocated villagers are sharing one school which was constructed by Anjin.

“Our primary school has a population of more than 1 200 pupils. This is against four blocks that were built by Anjin. Parents have also built another block, but they are inadequate. Some pupils are learning in makeshifts classes,” Mufute said.

He added that the relocated villagers were yet to be compensated by the Chinese companies.

“In terms of compensation, the families are yet to receive the US$5 000 compensation fee which they were promised. They were only given US$1 000 as a disturbance allowance when they were relocated,” Mufute said.

No clear lines of responsibility

Mufute said it was not clearly outlined who should be responsible for these relocated Chiadzwa villagers between the government and Anjin.

“It is all about blame games. The government is saying it is the Chinese companies yet the Chinese companies are saying they are waiting to hear from the government,” said Mufute.

Pleasing investors at the expense of the indigenous people’

Simiso Mlevu, spokesperson for Centre for Natural Resource Governance, said it was the responsibility of government to take care of the socio-economic needs of the people.

“The predicament of the people of Arda Transau simply shows that the government does not have people-centric policies,” she said.

“Our policies are aimed at pleasing the investors at the expense of indigenous people. Indigenous communities need to enjoy economic, cultural and social security in their own country.”

Shamiso Mtisi, the Zimbabwe Environmental Law Association’s deputy director, said it was important for government to comply with constitutional provisions related to evictions of communities.

“Government and companies must provide people with adequate information on displacement implementation plans including associated costs, compensation levels, where people will go, what they will get including time frames,” he explains.

Source: DCLA

Petra Sales Up, Prices Down

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