Diamond Blog by MID House of Diamonds

TRANSFORMING THE ORDINARY INTO THE EXTRAORDINARY

In 2007, Britain’s Damien Hurst stunned the art world when he sold A human skull encrusted with diamonds to an investment group for $100 million. Diamonds have long been used to elevate the ordinary into the extraordinary.

STRONG U.S. ECONOMY SEEMS TO BUOY RESULTS AT JCK LAS VEGAS 2018

JCK Las Vegas, the premier trade show in the world’s largest diamond jewelry market, wrapped its 2018 edition at the Mandalay Bay convention center on June 4 on a generally optimistic note.

DE BEERS’ FORAY INTO SYNTHETIC DIAMOND JEWELRY SEEMS A GREAT DEAL MORE THAN JUST A NEW BUSINESS VENTURE

Not only does the company aim to protect the position of the natural diamond, but the way it is positioning its new jewelry products is likely to cut deeply into the profits of the other synthetic diamond producers.

HISTORIC FANCY BLUE SELLS FOR $6.7 MILLION AT SOTHEBY’S, BUT TWO WHITE STONES STEAL THE SHOW

A 6.16-carat pear-shaped fancy colored diamond called the Farnese Blue Diamond was the most celebrated item at the Sotheby’s Magnificent Jewels and Noble Jewels sale in Geneva on May 15, 2018, but it was not the most valuable of the items on offer.

GDPR: THE BIGGEST-EVER SHAKEUP OF INTERNET DATA PRIVACY

if you are business holding onto personal information in a digitized format, as most businesses today are, and you are located and/or interact with individuals living in the European Union, you may be impacted.

VIVA LAS VEGAS, THE LARGEST SHOW IN WORLD’S MOST IMPORTANT MARKET

The world’s diamond and jewelry trade heads back one more time to Las Vegas’ golden Mandalay Bay resort this June, as next year the United States’ premier jewelry trade show, JCK Las Vegas, will be relocating next to the Sands Expo and Convention Center

BRITISH DIAMOND JEWELRY TRADE PINS HOPE ON ‘MEGHAN EFFECT’

The renewed fascination with diamond jewelry, referred to by some as the “Meghan Effect” was good news for the British gem and jewelry trade, which had experienced a tough year in 2016, although also stabilization toward the end of 2017.

QUEBEC’S FIRST DIAMOND MINER SEES SPIKE IN PRICES AND SALES

While most of Canada’s known diamond deposits are located in the vast Northwest Territories, the Renard mine is the only functioning facility in the mainly French-speaking province of QuÃ©bec, in the northeast of the country.

BLUE DIAMOND PRICE PER CARAT RECORD BROKEN TWICE, OVER TWO DAYS

Fancy colored diamonds are hugging the spotlight once again during this year’s spring’s auction season, with two records already being set over a two-day period in New York. To be more precise, a record was broken one day and then rebroken the next.

LENGTHENING OF TAX-FREE EXAMINATION PERIOD FOR DIAMOND IMPORTS EXPECTED TO INCREASE VOLUME AND RANGE OF GOODS SOLD IN ISRAEL

A bottleneck that has limited the volume of polished diamonds available for trading in Israel has been eased, by the government’s extending from three days to 30 days the tax-free inspection period allowed for imported diamonds.

ONCE AGAIN BOTSWANA MINE OFFERS UP EXCEPTIONALLY LARGE DIAMOND

Botswana’s most abundant producer of spectacularly large diamonds has done it again. The Karowe mine in the north-central part of the country has just offered up a 327-carat white, gem-quality diamond.

MID RETURNS TO CARAT+ FOR SECOND EDITION OF DIAMOND SHOW

Buoyed by the enthusiastic response to its first edition in 2017, the CARAT+ show returns to Antwerp for another three-day run, from May 6 to through May 8. MID House of Diamonds, which exhibited at the trade fair’s premiere showing, will be present once again.

MID TO EXHIBIT AT TWO KEY SHOWS IN MAY, IN ANTWERP AND KOBE

With summer around the corner, and just weeks away from the mega-jewelry trade fairs in Las Vegas and Hong Kong, two other important shows will take place in May, in Antwerp Belgium, and Kobe, Japan. MID House of Diamonds will have a prominent presence at both events.

MID IS THE TOP DIAMOND EXPORTER FOR THIRD YEAR RUNNING

The Diamond Controller at Israel’s Ministry of Economy has named MID House of Diamonds the country’s leading listed polished diamond exporter in 2017, making it the third consecutive year that the company has headed the table.

SPRING TRADE SHOW SEASON KICKS OFF IN MARCH IN HONG KONG AND BASEL

Two flagship events will take place, first in Asia and then in Europe. Together they draw in well over 150,000 visitors.

THE SUPER BOWL DIAMOND RING OF FAME

There is a tradition that has become part and parcel of the Super Bowl experience and that is the championship ring.

WHEN YOU SAY ‘DIAMOND,’ WHAT DO YOU MEAN?

What is a “diamond”? It would seem to be a pretty straightforward question, but not necessarily so.

TECHNOLOGY TRANSFORMING JEWELRY MARKET

Change is the one constant that can be expected moving forward, noted Claudia D’Arpizio, a luxury industry expert at Bain & Company

JAPAN, WORLD’S THIRD LARGEST DIAMOND MARKET, TO SHINE AT IJT 2018

Japan will become the focus for the much of the world diamond industry from January 24 through 27, 2018.

DECEMBER FANCY BLUE DIAMONDS AUCTIONS

Blue was most definitely a dominant theme, as New York’s two leading auction houses closed out the 2017 season with magnificent jewelry sales

MID HOUSE OF DIAMONDS NAMED OUTSTANDING EXPORTER TO JAPAN IN 2017

The selection was in the “diamonds” category. It was made by the Israel-Japan Friendship Society and Chamber of Commerce.

MID HOUSE OF DIAMONDS HEADS FOR HONG KONG FOR 2017’S LAST MAJOR SHOW

JMA Hong Kong is a show with twist. It is a cash and carry event, welcoming both trade professionals and members of the general public.

MID HOUSE OF DIAMONDS TO ACCEPT BITCOIN AS CURRENCY FOR PAYMENT

MID has announced that will begin accepting bitcoin as payment from clients for diamond and jewelry purchases.

WORLD’S LARGEST INTENSE PINK FANCY DIAMOND TO BE AUCTIONED ON NOVEMBER 15

A 37.30-carat gem, which has been described as the world’s largest known intense pink fancy-color diamond, will be auctioned at Sotheby’s.

709-CARAT ROUGH DIAMOND TO BRING PEACE DIVIDEND TO SIERRA LEONE

Named the Peace Diamond, more than 50% of the proceeds from its sale are earmarked for infrastructure and social projects in Sierra Leone.

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