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DeBeers and Sotheby’s trending on Great Blue Diamond auction disposals

Coincidence, or is the Great Blue Diamond becoming common place?

NEW YORK (AP) — A blue diamond ring that child star-turned-diplomat Shirley Temple wore for decades is going up for auction.
Sotheby’s says the 9.54 carat ring, value estimated at over $25 million is the star offering among numerous lots in the “Magnificent Jewels” auction scheduled for April 19 in New York.

 

The cushion-cut stone was acquired in 1940 for $7,210. The child star, immensely popular in movies of the 1930s, known for her bouncy and outgoing personality, treasured and constantly wore the ring. As Shirley Temple Black, later, after a long career in public service, she died in February 2014 at the age of 85.  The ring is being sold in its original platinum and diamond setting, and a gold setting Temple had made for it will be included as well.
Zoom to HONG KONG…

A 10.10-carat blue diamond, considered to be the largest of its kind ever to be auctioned, is expected to reach a bid of around $30-35 million  in Hong Kong next month.

The 10.10 carat oval, flawless internally,
intricate vivid blue diamond was part of the Millennium Jewels collection, presented by De Beers in 2000 to commemorate the millennium, and displayed at London’s Millennium Dome.
Over the years Sotheby’s has had the privilege of bringing to the market many important coloured diamonds, including the Blue Moon of Josephine that set the world auction record for any diamond…
The stone unveiled recently in London, will embark on a tour of Geneva, Singapore, Taipei and Hong Kong before being put under the hammer at the Sotheby’s Hong Kong Magnificent Jewels and Jadeite sale in April.

The Future of Hatton Garden

Hatton_Garden_Road_SignWalking through Hatton Garden and the surrounding streets it’s impossible not to feel the weight of history on your shoulders. Like other centres of industry in London, the significance of the area has been built on centuries of trade and tradition. Hatton Garden is not just geographically London’s jewellery quarter, but a symbol for quality and trust.

However there’s no doubt that the present and future of the jewellery trade has been and will be revolutionized by digital commerce. Nearly every Hatton Garden retailer now has some online presence to complement their trade at the heart of London’s diamond business. Some offer information on how their services work, others go further, allowing online purchases or valuations.

This creates competition, but also opportunity. Across the UK and the world, new services such as borro have grown to fill a need for alternatives. borro offer personal asset loans against high value items such as diamonds and consequently play an important role in the evolution of the jewellery trade.

Importantly what borro demonstrate is that online services are not just about speed or convenience, but about quality customer service and relationships built on trust. As such the reputation of Hatton Garden is as important as ever as consumers try to navigate their way through a diversifying array of options.

It is no coincidence that borro’s headquarters are on Chancery Lane, just the other side of High Holborn. Hatton Garden remains a beacon and a brand that stands for and attracts excellence.