This week in the world of diamonds:
More info on The Knot Jewelry & Engagement Study reveals that in the US, online dating is the most popular way to meet your future spouse. 1/3 couples in the US buy the engagement ring together. Also, there’s been a 14% rise this year in buying engagement rings online – not surprising, when online-only retailers can avoid the high costs of running a shop. Here at Hatton we guarantee prices up to 70% less than the High Street. See more findings here.
Following on from last week’s round up, the gorgeous Raj Pink diamond went on auction – and failed to sell. At the Sotheby’s auction in Geneva, the 37.3-carat stone was estimated to go for at least $20 million. Interestingly, one Geneva-based jewellery dealer pointed out the lack of sale was due to the stone’s lack of history – it didn’t have a worthy story behind it.
Kate Middleton’s latest accessory looks very similar to Queen Elizabeth’s Diamond Quatrefoil Bracelet, and could have been gifted from the monarch. The beautiful piece formerly belonged to the Queen Mother, and features multiple diamond quatrefoil motifs. See the bracelet here.
Greg Kwiat, CEO of a New York City jewellery house, talks trends when it comes to young people buying engagement rings. Confirming the findings of many recent studies, millennials appreciate personality and individualism in their diamonds – rare and special cuts are favoured. Whilst platinum is considered the strongest, premium metal, newlyweds are favouring the warmth of yellow and rose gold, such as Star Wars’ Felicity Jones.
Double Halo Diamond Ring in rose gold, unique to Hatton by Design.
The largest rough diamond found in more than a century sold this week for $53 million. It’s called ‘Lesedi la Rona’, which means ‘Our Light’ in the Tswana language. Interestingly, this incredible discovery did not sell first time round, despite being the third-largest diamond ever found. The 1,109-carat stone now belongs to Graff Diamonds, who announced online that they ‘will take the utmost care to respect its exceptional properties.’