Diamond-Surplus Weblog

October 13, 2008

India has the honor to polish biggest ever rough diamond.

Filed under: Diamond News — diamondsurplus @ 5:26 pm
Tags: , , ,

 

India it is……

Biggest ever rough diamond to be polished in India

 

RAJKOT: Finally we can forget the Kohinoor. One of the costliest and biggest rough diamonds from South African mines has found its way into Gujarat.

 

The 128.47-carat rough diamond worth $12.13 million (Rs 58-60 crore) is bigger than the 105-carat round-cut Kohinoor diamond, which is part of the famed British crown jewels.

And after a little bit of cut and polish, the de-coloured and flawless rough diamond, mined from Orange River (South Africa), is expected to turn into 50 carat of pure glitter, chairman of Surat-based KARP Impex Kishore Virani told ET.KARP won the bid to buy the diamond from South Africa (SA) and claims that it is the costliest and the largest piece of rough diamond that has ever come an Indian company’s way. And it would take four months for the company to get it ready for the market. And KARP is also planning to get the diamond insured, Virani said.

A DTC site holder, KARP gets steady supply of rough diamonds from South Africa, but in case of such rare pieces, bids are invited from all DTC site holders before auction. “We bagged the costliest rough diamond by quoting the best price against other contenders from Israel and Belgium,” said Keval Virani from KARP. The auction was held in Tender House in South Africa, known for diamond auctions.

But diamonds are not new to Gujarat. The Rs 60,000-crore Surat diamond industry is the hotbed of the global diamond industry, processing around 70% of world’s rough diamonds. But Chandrakant Sanghvi of Sanghi Exports said this is the first time that such a precious diamond has landed in the sub-continent. “Until now, polished diamonds ranging from 10-25 carat were heard of. But, a 50-carat polished diamond is probably the first of its kind,” he said.

The Indian diamond cutting and polishing industry has enough technology and required skill to cut these large pieces given the industry can afford to purchase such higher cost rough diamonds. But Indians are mainly known for cutting and polishing smaller sized rough diamonds, he added.

The costliest diamond that reached Surat 15-20 days back might see the development of new machine tools for cutting and polishing. Kishore Virani, with more than 30 years experience in diamond industry and a partner with the leading machine tool maker of the state expects to minimise the risk with the expertise and technical know-how of its own machine tools. “Although no particular marketing strategy has been decided, we are chalking out the strategies on naming the diamond,” said Mr Virani.

The total exports of gems and jewellery items during April 2007 to March 2008 stood at Rs 84,058.19 crore against Rs 77,100.12 crore in April 2006-March 07, a growth of 9.02%.

 

 

 

 

 

Source: Economic Times

October 7, 2008

Picture time part 3!

Filed under: Bracelets,fashion — diamondsurplus @ 8:08 pm
Tags: , , , ,

…..and today we shall move on to bracelets ladies and gentlemen 🙂

came across some nice ones!

 

Bracelet #1

Bracelet #1

 

 

bracelet #2

bracelet #2

Bracelet #3

Bracelet #3

Bracelet #4

Bracelet #4

Bracelet #5

Bracelet #5

My personal favorites are #3, 4 & 5.
What’s yours? 🙂

October 6, 2008

Picture time part 2!

I started off with rings….well, today I will move on Earrings. Found some pretty ones for your visual pleasure 🙂

 

 

Enjoy!

 

Earring #1

Earring #1

 

Earrings #2

Earrings #2

Earring #3

Earring #3

Hmmmm, a hard pick….I like all three as each one is different in their unique way….love the blue diamond earring (Earring #2). The heart shapped earring looks charmingly sweet and the first one is a little dangly (I like dangly earrings, lol)
What do you think? Any favorites?

October 3, 2008

Picture time!!!

Filed under: fashion,rings — diamondsurplus @ 6:10 pm
Tags: , , , ,

I’ve been posting articles after articles and words seem to fill these pages. I guess it’s time for a little change. I decided to put up pictures of diamond jewelry. Let me know what you think of them! and oh yes, if you want to, who will you get it for.

I shall start with the rings first 🙂

Enjoy!

Diamond Ring 1

Diamond Ring 2

Diamond Ring 3

Diamond Ring 4

Diamond Ring 5

Diamond Ring 6

 

I personally like Ring #1, 3 and 5 due to its simplicity and uniqueness in design. Ring #2 isn;t too bad either 🙂

October 2, 2008

Glitter, Sparkle, Danger…..

Isn’t it a paradox that the birthplace of these precious gems comes from 3rd world countries? Well I am not entire sure about South Africa being labeled as one but it’s just a thought. I do wonder how much these places really profit from the gem trade.

I shall keep things light and easy for now! Hahahaha although I am tempted to go on and on about how 1st world countries profit from countries which struggle with poverty without giving much thought…..

Read on!

Glitter, Sparkle, Danger – International Gem Trade Has Many Facets

The global trade in precious stones is a multi-billion dollar business. It touches the lives of people in the mines of South Africa, stone cutters of India, and countless others around the world. These precious gems adorn, kings, queens, movie stars and millionaires, and serve as that special gift for a birthday or a young bride. The gem trade – a business that begins in the bowels of the earth and ends up in the glittering shops of Hollywood’s Rodeo Drive or New York’s Fifth Avenue – brings joy, wealth and glory to some, badly needed income to others and prolonged war and devastation to still more.

They glitter and sparkle. Precious stones have fascinated men and women through the ages and still do – whether at a fashion and jewelry show in London or on the red carpet in Hollywood.

They come in all sizes, colors and shapes. Some are fairly common and affordable. Others are rare, highly prized – such as the Crown Jewels – part of Britain’s royal heritage. Queen Elizabeth wears them on state occasions. Otherwise, they’re kept in the Tower of London, where they attract up to two and a half million visitors a year.

“What we’ve got here is very historical and worn by our sovereign, so that, of course, immediately takes it out of the public sector,” says Keith Hanson, Chief Exhibitor at the Tower. “And, the fact that some of our jewels date back over 800 years and that we have the largest top quality white diamond in the world on display.”

The use of precious stones goes back a long way. Rulers, nobles and warriors of many ancient civilizations favored them to show their status.

Turquoise and lapis lazuli were favored by the pharaohs of ancient Egypt and there is evidence that cross-border trade in gem stones was prevalent thousands of years ago.

“We were so surprised to have at the beginning of our history bracelets from the tombs in Abydos in Upper Egypt using some kind of semi-precious stones, especially lapis lazuli, which doesn’t exist in Egypt,” explained Wafaa al Saddiq, Director-General of the Egyptian Museum in Cairo. “This means they must have imported that stone from Afghanistan.”

The Egyptian Queen Cleopatra was known to favor emeralds; the ancient Romans described diamonds as splinters from the stars; and in India, ancient manuscripts refer to gem stones as unique creations of Mother Earth.

Gem stones are a product formed by nature, mainly deep within the earth.  Over the centuries, man has used all sorts of ways to get them out, including dynamite.

It is often back breaking work. South African miner George Oloefse worked at it for nearly half a century. “I have five brothers, he said. “All of them worked in the mines, because my Dad worked in the mines.”

Oloefse worked at the Cullinan diamond mine north of Johannesburg. South Africa has been a major diamond producer since the stones were first discovered there in the 1860s, and diamond mining still provides an important source of income.

Diamond mining provides vital revenues in other African countries as well.

Half-way around the world in India, the gem stone industry – in particular cutting and polishing – is big business.

For Jayshri Bajaj, who works in a diamond factory in Mumbai, it’s her first job and her introduction to diamonds. “It’s great to see a diamond for the first time,” she said.

Bajaj is among one million Indians working in the gem trade, a vital source of income and an important segment of the country’s growing economy.

The gem trade also helps feed families in impoverished corners of Africa, but it has a darker side. When the riches derived from it fall into the hands of despots and warlords, they can kill, and they have done so.

But in the end, the gem stone’s journey takes it to the jewelry shops – be they the big names on New York City’s Fifth Avenue or the more affordable ones in cities and towns across the globe.

Della Tinsley of East London Design says jewelry is about the individual and marks important events in our lives. “People give you jewelry when you’re 21, when you get married, when you have children,” she notes, “and you inherit jewelry as well.”

Gem stones have been prized throughout man’s history and their appeal shows no sign of diminishing.

 

September 30, 2008

What??? A Man Ring????

Filed under: fashion — diamondsurplus @ 9:12 pm
Tags: , , , , ,

A MAN RING????  Oh gosh, time has really changed hasn’t it? I was reading this article below and I couldn’t help laughing with amusement….a commitment ring or also knows as “with-this-ring-will-you-hurry-up-and-make-a-proper-commitment-to-me-and-if-you-won’t-anytime-soon-at-least-you’ll-appear-to-be-off-the-market-to-any-other-women-on-the-prowl”.

Read on! 

 

 Man rings – the latest accessory for a possessive woman???

 
 

 

 

There was a trend sweeping Manhattan a few years ago dubbed the Right-Hand Ring phenomenon in which high-earning independent women with money to spend raced to the Diamond District to splurge on digit jewellery for themselves – specifically their right hands – in an effort to display an “I deserve it” mentality.

Cynics scoffed that the right-hand rock was nothing more than a lady-in-waiting purchase, because a man had yet to buy them one, which was, of course, their desired wish.

The fact this trend was fostered by diamond conglomerate DeBeers in a sensational marketing scheme to invent a reason to buy more rings, seemed to be lost on various fashion mags and social observers who heavily promoted this sociological trend of independent-women-happily-buying-diamond-rings-for-themselves-for-no-real-occasion.

Celebrities Minnie Driver and Eve were seen flashing right-hand diamond rings. So too were other single gals around America whose right-hand rocks were heralded as a win for womankind.

Though, as far as I could see, instead of fostering true independence, it just seemed to enhance the concept of the traditional marriage shackle, albeit on the wrong hand. These women didn’t appear to be adhering to new a role of freedom. The fact that a diamond ring was the object of affection meant they were merely altering the role until the role they were waiting for came along on bended knee and said “marry me.”

Now a new cultural trend has surfaced in society: non-married men wearing rings on their wedding finger given to them by their girlfriends. We’ve Spy-ed the odd bloke brandishing them in our social page piccies.

Never before has the ring signified so much.

For men it’s not an engagement ring; it’s not a wedding ring; it’s not a friendship ring. It is, let’s be honest, a commitment ring… a ring that says in girlfriend speak: with-this-ring-will-you-hurry-up-and-make-a-proper-commitment-to-me-and-if-you-won’t-anytime-soon-at-least-you’ll-appear-to-be-off-the-market-to-any-other-women-on-the-prowl.

In other words, it’s a man ring that marks a woman’s territory.

But will a ring on a bloke’s wedding finger – married or not – stop prowling women from flirting? Will it make the girlfriend giver feel like her boyfriend has proven his commitment to her? Is it a sign of true love or a symbol of obsession? Who knows? Each relationship can only be judged by the people in it, but it does seem to me that a ring can say less about the person wearing it and more about the person giving it. What do you think?

 

 

 

 

*I think it’s gonna be interesting to see how that goes! hahaha! 🙂

 

 

Source: New Zealand Herald

September 29, 2008

Cartier going to Korea

Filed under: Cartier,Diamond News — diamondsurplus @ 10:02 pm
Tags: , , , , ,

Ahhhhhh Cartier…….even the sound it makes when you pronounce it’s name gives out an exquisite flair….it represents the epitome of wealth, luxury and class.

I came across this as I was hunting the web for news in the world of jewelry. Looks like Cartier finally decided to explore the untapped economy capability in the Asian region.

Have a good read! 🙂

 

Cartier Opens Flagship Store in Cheongdam

World-famous French jeweler Cartier finally opened its first flagship store in the fashionable Cheongdam-dong district in southern Seoul.

Designed by French architect David-Pierre Jalicon, the Cartier Maison building is already attracting attention for its elegant facade, inspired by the Korean wrapping cloth or bojagi.

“Cartier has been `jeweler to kings, king of jewelers’ for 160 years and as you know every king needs a castle … This is like a private mansion with unique style. The decor, the private lounges, bridal salon and watch salon ― all of this to make our guests very comfortable,” said Philippe Galtie, managing director of Cartier Korea, during the press preview last week.

While Cartier has opened flagship stores in Japan and China in the last few years, it took longer for the company to open one in Seoul.

“We feel it is the right time for the market to have a flagship store, in terms of level of sophistication of the market. The market is growing very rapidly. Despite the economic uncertainty affecting the world, the high-end products are not affected. We are selling products that you can keep forever,” Galtie said.

Cartier Maison certainly conveys the essence of the Cartier brand, which is known for luxury, craftsmanship and rich heritage. It features two floors of classic interiors, crystal chandeliers and display cases filled with diamond jewelry, tank watches, leather goods and handbags. It is also has several private lounges, where VIP customers are treated to champagne while picking through the Cartier collection.

Galtie said this boutique is the seventh biggest in the world, although he expects the ranking to drop as Cartier builds more stores around the world.

(I prefer the one on the left….The jewelry design on it looks classy)


Cartier Maison features the largest assortment of Cartier jewelry, watches and handbags in Korea.

“We have a long history of accessories. We are known for our jewelry and watches. In jewelry, our best selling items are the Love ring and the Trinity rings, which have become icons for many years. Love rings are 30 years. It is quite old for a fashion item that is still hot. The Trinity ring was introduced in 1924, but the old lady is still quite sexy. That’s the beauty of Cartier, the creativity, design and timeless style,” Galtie said.  (I like the Trinity Ring….it is pretty hot)

 

 

 

 
Cartier Maison has a wide array of diamond jewelry and bridal rings, but the most stunning and expensive piece is a necklace with a 13.6-carat yellow diamond pendant and 19 carats of diamonds.

On Thursday, a jewelry fashion show featured models wearing some of the most dazzling necklaces, earrings, rings and bracelets from Cartier’s collection. There’s even a diamond tiara, which is now available exclusively at the boutique.

To celebrate the opening of the flagship store, six limited edition mini-Marcello handbags, which come in different colors and materials, are available at the Cartier Maison. Three of the mini-Marcello bags already been reserved as of Wednesday.

 

Cartier, Cartier, Cartier…..Creativity, Design and Timeless Style

September 19, 2008

Famous Diamond #6: Millennium Star

Filed under: Educational Facts — diamondsurplus @ 5:07 pm
Tags: , , , ,

 

I did promise that the famous diamond streak will end soon….keeping to my word, this WILL be the last famous diamond (until I come across a new one that is, haha)

Saved the best for the last! Just look at the picture below…..Its a ‘Star’ alright!

For the 6th and final time….The aptly named Millennium Star! 🙂

Millennium Star

 

In 1999, De Beers unveiled the De Beers Millennium Jewels – the centrepiece being the De Beers Millennium Star, a ‘D’ colour, flawless pear-shaped stone weighing 203.04 carats.

The rest of the Millennium Jewels were made up of eleven rare blue diamonds with a total weight of 118 carats.  The largest was the Heart of Eternity weighing 27.64 carats.

The Millennium Star weighed 777 carats in the rough, and is the sixth largest diamond of gem quality ever discovered. (my eyes popped out momentarily when i read this part, 777 carats!)

It took the Steinmetz Group three years to cut the Millennium Star.  First of all it was split in Belgium, then polished in South Africa and subsequently finished in New York.

Over one hundred plastic models of the stone were made to design and plan for the optimum cut for beauty and weight.  A special room had to be constructed and special tools created for the operation.

In the end the diamond was shaped into a classic pear, with 54 facets.  Harry Oppenheimer remarked that it was the most beautiful diamond he had ever seen.

The De Beers Millennium Jewels were displayed in the Millennium Dome at Greenwich in London, in the year 2000, and later at exhibitions in Tokyo and Dubai.

No wonder they call it the Millennium Star….look at the details and work that went into it…..sigh, just for a rock! Seriously! a rock!

but……

judging from the final product, It’s worth the ‘blood and sweat’ no?

That’s it for Famous Diamonds folks!

I shall hunt for new topics to bombard you with soon 🙂

Souce: De Beers

 

September 10, 2008

Famous Diamonds #1: The Centenary

There are a few famous diamonds I would like to talk about but I shall not overwhelm you with its ‘sparkling’ history. Thus I shall dedicate each post to these magnificent gems. De Beers, the frontrunner in the diamond producing industry celebrated their Centenary with style. What better way than to show the world what they dug out of their backyard (pun intended, lol)

For thousands of years diamonds have been valued for their beauty and rarity, entrancing us with their fire and brilliance. Symbols of financial wealth, power and inspiration, diamonds are also a token of love and personal expression of our hopes for the future and an emblem of eternity.

So what makes a diamond famous?  Rarity is often the most important factor.  This may mean size, but extraordinary variety or intensity of colour can also make a diamond famous.  Large flawless diamonds – those with the best colour and clarity grades – are among the rarest materials on earth.

Other factors are more closely linked to the history of the individual stone. Diamonds are often named after their owner, their country or mine of origin, their colour, their shape, a special occasion or the sentiments they evoke with their unique beauty.

The Centenary

The Centenary celebrations of De Beers took place in 1988 in Kimberley, in front of a captive audience of four hundred people. These included government representatives of producer countries and other important dignitaries from the diamond industry.  Julian Ogilvie Thompson, the then Chairman, revealed that a diamond of 599 carats had been recovered from the Premier mine.

Over time, the Premier mine had produced approximately 300 stones of more than 100 carats, and nearly 25% of all the world’s diamonds over 400 carats.  These included important stones such as the Cullinan, the Niarchos, the Taylor-Burton, and the Premier Rose.

When found in 1986, only a few people knew about its discovery, and were sworn to secrecy.  The rough stone presented many difficulties in polishing it.  One of the most accomplished cutters in the world, Gabi Tolkowsky, was chosen to study and appraise the great stone.

We have recovered at the Premier mine a diamond of 599 carats which is perfect in colour – indeed, it is one of the largest top colour diamonds ever found.  Naturally it will be called the Centenary diamond.

Julian Ogilvie Thomson

He said of its top colour – “Usually you have to look into a diamond to appreciate its colour, but this just expressed itself from the surface.  That is very rare.”

Generally, however, the rough shape of the diamond meant it would be difficult to cut, and with a number of alternative routes, including cutting the diamond into several smaller stones.

In the end Tolkowsky said the diamond was to be made into one large modern-cut stone.

Tolkowsky and two other cutters, Geoff Woollett and Jim Nash, worked with hand-picked engineers in a specially constructed room in the De Beers Diamond Research Laboratory in Johannesburg.  The construction of the room itself took a year.

Meanwhile Tolkowsky studied the diamond.  He said, “From the moment I knew I was going to cut it, I became another man, a strange man.  I was looking at the stone in the day, and the stone was looking at me at night.

Kerfing by hand, Tolkowsky took 154 days to remove 50 carats, to reveal a rounded stone weighing approximately 520 carats.  After many sketches, thirteen shapes were presented to the De Beers Board, and a modified heart shape was decided upon.

After nearly a year of work, the Centenary weighed 273.85 carats.  It also had an unprecedented number of facets, with 164 on the stone and 83 on the girdle.  Two flawless pear shapes were also cut.

The Centenary is the largest modern-cut diamond in the world, and is the ultimate expression of both “fire” and “brilliance”.

Nicky Oppenheimer remarked, “Who can put a price on such a stone?”

There you go, the first of the many famous diamonds…just look at the colors bouncing off the diamond! Magnificent! 🙂

Source: De Beers

September 3, 2008

Understanding The 4Cs

Filed under: Educational Facts — diamondsurplus @ 8:23 pm
Tags: , , , , , ,

Diamonds are forever. Diamonds are a fascination. They evoke feelings of wonder and awe in the eyes of some and romance in the hearts of others.

This article below serves as a crash course in understanding the different aspects that makes a diamond what it is. I hope you’ll be somewhat educated by the end of it 🙂

Cut

Cut refers to the angles and proportions of a diamond. It is the only one of the 4Cs that is influenced by the human hand.

Diamond cutting requires great skill and training. The cutter must polish tiny surfaces known as facets onto the rough diamond. This process is what creates the facets known as the crown, culet, table, girdle and pavilion of the diamond.

To cut a diamond perfectly, a craftsman will often need to cut away more than 50% of the rough diamond.

A well-cut diamond will internally reflect light from one mirror-like facet to another and disperse and reflect it through the top of the gem. The facets, when arranged in precise proportions, will maximize the fire life and brilliance of a diamond.

A well-cut diamond will be higher in quality and value than deep or shallow-cut diamonds. Diamonds that are cut too deep or too shallow lose or leak light through the side or bottom, resulting in less brilliance and a less valuable stone.

Cut also refers to the shape of a diamond – round, square, or pear, for example.

Round diamonds are symmetrical and capable of reflecting nearly all the light that enters, so it is the most brilliant of all diamond shapes and follows specific proportional guidelines.

Non-round shapes, also known as ‘fancy shapes’ have guidelines in order that they are considered to be well-cut.

Carat

Carat refers to the weight of a diamond.

Often mistaken with size, carat it is actually a measure of weight.

The term carat is a derivative of the word carob. Carob seeds, which are surprisingly uniform in weight, were used as a reference for diamond weight in ancient civilisations. One carob seed equalled one carat.

One carat is equivalent to 200 milligrams. One carat can also be divided into 100 ‘points’.  A .75 carat diamond is the same as a 75-point or 3/4 carat diamond.

Since larger diamonds are found less frequently in nature, a single 1-carat diamond will cost more than two 1/2-carat diamonds, assuming the colour, clarity and cut are the same.

Cut and mounting can make a diamond appear larger or smaller than its actual weight.  A diamond’s setting should always optimise its beauty.

Color

Colour refers to the degree to which a diamond is colourless.

Diamonds can be found in many colours, however white-coloured or colourless diamonds remain the most popular.

Diamonds are graded on a colour scale which ranges from D (colourless) to Z. Warmer coloured diamonds (K–Z) are particularly desirable when set in yellow gold. Icy winter white coloured diamonds (D–J) look stunning set in white gold or platinum.

Colour differences are very subtle and it is very difficult to see the difference between an E and an F, for example. Therefore, colours are graded under controlled lighting conditions and are compared to a master set for accuracy.

Truly colourless stones, graded D are treasured for their rarity. Colour, however, is subjective.  The Incomparable, one of the world’s most beautiful diamonds, contains hints of brown, smokey amber and champagne colours.

Nature has also created diamonds in shades of blue, green, yellow, orange, and pink.  Red is the rarest of all. These diamonds are called ‘coloured fancies’ and are extremely rare and highly treasured.

Clarity

Clarity refers to the presence of inclusions in a diamond.

Naturally-occurring features called inclusions provide a special fingerprint within the stone. Inclusions are natural identifying characteristics such as minerals or fractures, occurring while the diamond was being formed in the Earth.

The majority of these natural birthmarks are invisible to the naked eye, yet they affect the way light is reflected and refracted within the stone.

Inclusions appear as different shapes, such as crystals, clouds or feathers. These idiosyncrasies often add to the overall character of the diamond.

Containing several birthmarks or inclusions, the Excelsior is considered one on the world’s most beautiful diamonds.

Most inclusions are not visible to the naked eye unless magnified.

To view inclusions, gemologists need to use a magnifying loupe that allows them to see a diamond at 10x its actual size.

Inclusions are ranked on a scale of perfection, known as clarity.  The clarity scale, ranging from F (Flawless) to Included (I), is based on the visibility of inclusions at a magnification of 10x.

Even with a loupe, the birthmarks in the VVS (Very, Very Slightly Included) to VS (Very Slightly Included) range can be very difficult to find. It is only when a diamond is graded ‘I’ that it is possible to see the birthmarks with the naked eye.

The position of inclusions can affect the value of a diamond and you should consider the number, size, brightness, nature and position of inclusions.

Some inclusions can be hidden by a mounting, and have little effect on the beauty or brilliance of a stone. An inclusion in the middle or top of a diamond could impact the dispersion of light, sometimes making the diamond less brilliant.

There are very few flawless diamonds found in nature, making these diamonds much more valuable.

Diamonds anyone? 🙂

Source: DeBeers

Create a free website or blog at WordPress.com.