Wednesday 26 January 2022

Influential Large-Stone Expert Johnny Kneller Dies

                                    

Johnny Kneller

The diamond industry lost one of its most respected experts in large stones with the passing of Johnny Kneller last week at age 75.

Together with Brian Gutkin and Laurence Graff, Kneller was a partner in the manufacturing firm Safdico, where he handled some of the world’s most famous diamonds. Those included the Lesotho Promise, the Peace Diamond, and the Lesedi La Rona, his son-in-law Yves Alexis noted.

“He was an icon in the industry,” Gutkin stressed. “People sought his advice on large stones, colored diamonds, D-flawlesses because he had a unique understanding of these goods.”

And he was always happy to give of himself, Gutkin added. “It was impossible to walk with him through the Antwerp bourse, as people would gravitate toward him. Everyone loved him.”

Born in Prague, then in Czechoslovakia, in 1946, Kneller grew up in Antwerp and eased into the diamond trade through his father, who was a diamantaire and a De Beers sightholder specializing in large stones. Kneller also worked as a dealer and started traveling to South Africa to buy polished in the early 1980s. During that time, he met Gutkin and the two formed a partnership that became Safdico, Gutkin recalled.

Starting with only seven people, the company grew to become one of the most consistent sightholders for large goods. At its peak, Safdico employed 237 people at its Johannesburg factory and 120 in Botswana, according to Gutkin.

Kneller was extremely savvy in business and not averse to taking calculated risks, Gutkin and Alexis agreed. It was his initiative around 1998 to bring on board Graff, with whom he had a relationship and who had traded diamonds with Kneller’s father. The partnership made Safdico one of the first diamond manufacturers to forge an alliance with an established high-end jeweler.

“Johnny Kneller was a best friend as well as my business partner in our diamond-manufacturing business.” Graff wrote in a tribute provided to Rapaport News. “A man that put all others before himself, we were friends for 50 years and traveled together to Belgium, Africa and the US — and of course to many of the diamond sights.”

Kneller’s knowledge of the rough and polished diamond business was almost unmatched, Graff continued. “He had an uncanny way of discovering gems, in rough or polished, which ended up in our retail stores across the world,” he added.

Kneller’s eye for fine gems extended to art as well. He was a keen collector of contemporary works and had a solid background across many periods — a passion he shared with Graff.

But it was ultimately his expertise and love of diamonds that set him apart within the trade. “He really loved the stones, the material, to see the color [and] appreciate the cut, life and sparkle of the stones,” Alexis recalled.

His business partners echoed that sentiment.

“He lived and breathed diamonds all his life,” Graff concluded. “For me he was the greatest diamond dealer I have ever known.”

Kneller is survived by his wife, Delly, two daughters Katya and Julie, and six grandchildren.

Source: DCLA

Influential Large-Stone Expert Johnny Kneller Dies

                                    

Johnny Kneller

The diamond industry lost one of its most respected experts in large stones with the passing of Johnny Kneller last week at age 75.

Together with Brian Gutkin and Laurence Graff, Kneller was a partner in the manufacturing firm Safdico, where he handled some of the world’s most famous diamonds. Those included the Lesotho Promise, the Peace Diamond, and the Lesedi La Rona, his son-in-law Yves Alexis noted.

“He was an icon in the industry,” Gutkin stressed. “People sought his advice on large stones, colored diamonds, D-flawlesses because he had a unique understanding of these goods.”

And he was always happy to give of himself, Gutkin added. “It was impossible to walk with him through the Antwerp bourse, as people would gravitate toward him. Everyone loved him.”

Born in Prague, then in Czechoslovakia, in 1946, Kneller grew up in Antwerp and eased into the diamond trade through his father, who was a diamantaire and a De Beers sightholder specializing in large stones. Kneller also worked as a dealer and started traveling to South Africa to buy polished in the early 1980s. During that time, he met Gutkin and the two formed a partnership that became Safdico, Gutkin recalled.

Starting with only seven people, the company grew to become one of the most consistent sightholders for large goods. At its peak, Safdico employed 237 people at its Johannesburg factory and 120 in Botswana, according to Gutkin.

Kneller was extremely savvy in business and not averse to taking calculated risks, Gutkin and Alexis agreed. It was his initiative around 1998 to bring on board Graff, with whom he had a relationship and who had traded diamonds with Kneller’s father. The partnership made Safdico one of the first diamond manufacturers to forge an alliance with an established high-end jeweler.

“Johnny Kneller was a best friend as well as my business partner in our diamond-manufacturing business.” Graff wrote in a tribute provided to Rapaport News. “A man that put all others before himself, we were friends for 50 years and traveled together to Belgium, Africa and the US — and of course to many of the diamond sights.”

Kneller’s knowledge of the rough and polished diamond business was almost unmatched, Graff continued. “He had an uncanny way of discovering gems, in rough or polished, which ended up in our retail stores across the world,” he added.

Kneller’s eye for fine gems extended to art as well. He was a keen collector of contemporary works and had a solid background across many periods — a passion he shared with Graff.

But it was ultimately his expertise and love of diamonds that set him apart within the trade. “He really loved the stones, the material, to see the color [and] appreciate the cut, life and sparkle of the stones,” Alexis recalled.

His business partners echoed that sentiment.

“He lived and breathed diamonds all his life,” Graff concluded. “For me he was the greatest diamond dealer I have ever known.”

Kneller is survived by his wife, Delly, two daughters Katya and Julie, and six grandchildren.

Source: DCLA

Monday 20 December 2021

Diacore Buys 32ct. Pink Diamond

               32.32 carat Pink Rough Dimond

Manufacturer Diacore has purchased a rough pink diamond weighing 32.32 carats for $13.8 million.

The stone originated from Petra Diamonds’ Williamson mine in Tanzania, Diacore said last week. It was among the goods Petra offered at its first tender of Williamson rough since the resumption of operations at the site following a near two-year shutdown due to Covid-19. Diacore will analyze, design and cut the diamond.

“This rare masterpiece of nature is a natural fit to our unique offering as cutters and marketers of special diamonds,” said Diacore chairman Nir Livnat.

The pink is not the first colored diamond Diacore has purchased from the miner. In July, it partnered with De Beers to buy a blue diamond of 39.34 carats from Petra’s Cullinan mine in South Africa for $40.2 million. Last year, the two bought five rough blue diamonds from the same deposit ranging from 9.61 to 25.75 carats for a combined $40.4 million.

In June, Diacore acquired a 204.36-carat, yellow diamond known as the Dancing Sun — the largest polished diamond of North American origin — for $5 million at a Christie’s auction in New York.

Source: DCLA

Diacore Buys 32ct. Pink Diamond

               32.32 carat Pink Rough Dimond

Manufacturer Diacore has purchased a rough pink diamond weighing 32.32 carats for $13.8 million.

The stone originated from Petra Diamonds’ Williamson mine in Tanzania, Diacore said last week. It was among the goods Petra offered at its first tender of Williamson rough since the resumption of operations at the site following a near two-year shutdown due to Covid-19. Diacore will analyze, design and cut the diamond.

“This rare masterpiece of nature is a natural fit to our unique offering as cutters and marketers of special diamonds,” said Diacore chairman Nir Livnat.

The pink is not the first colored diamond Diacore has purchased from the miner. In July, it partnered with De Beers to buy a blue diamond of 39.34 carats from Petra’s Cullinan mine in South Africa for $40.2 million. Last year, the two bought five rough blue diamonds from the same deposit ranging from 9.61 to 25.75 carats for a combined $40.4 million.

In June, Diacore acquired a 204.36-carat, yellow diamond known as the Dancing Sun — the largest polished diamond of North American origin — for $5 million at a Christie’s auction in New York.

Source: DCLA

Monday 13 December 2021

Sotheby’s to Offer 39-Piece Lalique Collection

                         


Sotheby’s will hold a sale dedicated to the works of René Lalique, featuring nearly 40 pieces collected over four decades.

The jewels, which make up a “rare museum-quality collection,” are all appearing at auction for the first time, Sotheby’s said last week. Assembled by Claude Sorbac, one of Lalique’s greatest fans, the grouping is set to go under the hammer on December 17 in Paris.

The Orchidée Cattleya comb, created between 1903 and 1905, is the star of the show. Sorbac bought the piece in 1976 from Lalique’s heirs. The largest of a series of three, and containing diamond-studded foliage, the comb is estimated at up to EUR 1.5 million ($1.7 million).

Other notable items include the Loving Swallows comb, made around 1905 or 1906, which was also purchased from the artist’s descendants. It is valued at EUR 400,000 to EUR 600,000 ($450,660 to $675,906).

Meanwhile, two glass, enamel and diamond necklaces will be up for sale. The first, named Frogs, carries an estimate of EUR 400,000 to EUR 600,000, while the second, called Dragonflies and Ferns, is valued at EUR 250,000 ($281,627) to EUR 400,000.

Source: DCLA

Sotheby’s to Offer 39-Piece Lalique Collection

                         


Sotheby’s will hold a sale dedicated to the works of René Lalique, featuring nearly 40 pieces collected over four decades.

The jewels, which make up a “rare museum-quality collection,” are all appearing at auction for the first time, Sotheby’s said last week. Assembled by Claude Sorbac, one of Lalique’s greatest fans, the grouping is set to go under the hammer on December 17 in Paris.

The Orchidée Cattleya comb, created between 1903 and 1905, is the star of the show. Sorbac bought the piece in 1976 from Lalique’s heirs. The largest of a series of three, and containing diamond-studded foliage, the comb is estimated at up to EUR 1.5 million ($1.7 million).

Other notable items include the Loving Swallows comb, made around 1905 or 1906, which was also purchased from the artist’s descendants. It is valued at EUR 400,000 to EUR 600,000 ($450,660 to $675,906).

Meanwhile, two glass, enamel and diamond necklaces will be up for sale. The first, named Frogs, carries an estimate of EUR 400,000 to EUR 600,000, while the second, called Dragonflies and Ferns, is valued at EUR 250,000 ($281,627) to EUR 400,000.

Source: DCLA

Thursday 9 December 2021

Tiffany Necklace Breaks Records at Sotheby’s


  
       The Medusa necklace designed by Louis Comfort Tiffany

The Medusa necklace, one of the earliest pieces designed by Louis Comfort Tiffany, sold for more than 18 times its high estimate at a recent Sotheby’s auction.

The piece, designed in 1904, was last seen at auction 78 years ago. It fetched $3.7 million against an upper estimate of $200,000 following 10 minutes of heated bidding, Sotheby’s said Wednesday. The pendant set a world auction record for a piece by the designer. In total, the December 7 Magnificent Jewels sale achieved $57.1 million, the second-highest figure for a jewelry auction at Sotheby’s New York.

Blue diamonds also performed well, with a cut-cornered rectangular modified brilliant-cut, 6.11-carat, fancy-intense-blue diamond ring garnering $8 million, or $1.3 million per carat, well above its high estimate. A ring bearing a cushion-cut, 3.01-carat, fancy-vivid-blue diamond flanked by two heart-shaped diamonds sold for $3.9 million, or $1.3 million per carat, within expectations.

Other notable items include a group of jewels from an American private collector, which features one of the largest private collections of Bulgari pieces ever to come to market, Sotheby’s noted. Some 93% of those items found buyers, realizing $9 million, above their combined $8.2 million high estimate.

Meanwhile, a ring set with a pear-shaped, 62.65-carat, D-color, VVS2-clarity diamond bracketed by two pear-shaped diamonds weighing 2.04 carats and 2.01 carats fetched $2.9 million, in the middle of its presale valuation. A ring containing a cut-cornered rectangular step-cut, 1.03-carat, fancy-red diamond framed by shield-shaped diamonds hammered for $2 million, the upper end of its estimate.

Sotheby’s sold 84% of goods on offer, with 68% of those achieving prices above their high estimates and 13 pieces going for more than $1 million. Participants came from more than 45 countries.

Source: DCLA

Petra Sales Up, Prices Down

Petra Diamonds Operations Petra Diamonds reported increased sales for FY 2024, despite weak market conditions. The UK based miner said it ha...