diamond

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Flea Market Find of a Lifetime Is Sold

26-carat diamond fetches $848K

(Newser) - She bought it for $15, expected to sell it for $450,000, and instead got $848,000 for a whopping 56,500% return on her original investment. The mystery seller, who snatched up a chunky "costume jewelry" ring at a flea market in London in the 1980s, parted with... More »

She Bought the 'Costume Jewelry' for $15. But It Was Real

Ring could sell for as much as $450K next month

(Newser) - It was an almost gaudily large piece of costume jewelry picked up for about $15 in the 1980s, and its owner apparently liked it—she "would wear it out shopping, wear it day-to-day." She almost certainly likes it much, much more now. The ring, bought at a car-boot... More »

India Wants Its 'Unlucky' Diamond Back

Sike!

(Newser) - It's not often that a solicitor general's comments make international waves, but Indian Solicitor General Ranjit Kumar has managed to achieve such a feat. He told his country's Supreme Court on Monday that the Koh-i-Noor diamond, in Britain's possession since 1849, "was neither stolen nor... More »

India Says Britain Can Keep Its Cursed Jewel

Some believe the Koh-i-Noor was forcibly taken

(Newser) - For decades, Indians have demanded that Britain return a 105.6-carat diamond that they say was taken from them when they were under colonial rule. The matter may soon be settled, and not in their favor. In a Monday appearance before India's Supreme Court, which was hearing a case... More »

Newly Found $20M Diamond Is Size of a Credit Card

404.2-carat diamond thought to be 27th largest ever found

(Newser) - One of the largest diamonds ever recorded has been pulled from the ground in Angola. Australia's Lucapa Diamond Company announced Monday that a 404.2-carat white diamond, about the length of a credit card, had been discovered. The find came at a 1,148 square-mile site that has since... More »

Second-Largest Diamond in History Is Found

Only a gem among the British Crown Jewels is bigger

(Newser) - Canadian mining outfit Lucara Diamond has just uncovered the world's second-largest diamond—and the biggest one found in more than a century. Found in the south lobe of the Karowe mine in central Botswana, the Type IIa stone is 1,111 carats and just slightly smaller than a tennis... More »

Man Buys World's Priciest Gem for Daughter, 7

$48.5M diamond is Josephine's 2nd present this week

(Newser) - What did your dad buy you when you were seven? A Hong Kong property tycoon just shelled out $48.5 million on a blue diamond as a gift to his daughter. The sale at Sotheby's on Wednesday night goes into the record books as the most ever paid for... More »

Woman Finds 'Esperanza' Diamond in Arkansas Park

It's 8.52 carats

(Newser) - Crater of Diamonds State Park has lived up to its name once again, in a pretty big way. Park officials yesterday announced that the fifth largest diamond ever found by a visitor to the Murfreesboro, Arkansas, park was found on Wednesday. Bobbie Oskarson of Longmont, Colorado, uncovered an 8.52-carat... More »

'Perfect' 100-Carat White Diamond Sells for $22M

Gem expert says transparency of auctioned jewel is like a 'pool of icy water'

(Newser) - An anonymous buyer is sporting some major bling after ponying up a tad over $22 million yesterday for a 100-carat diamond that Sotheby's likens to "the definition of perfection," the AP reports. It's the only white diamond of the classic emerald cut more than 100 carats... More »

Guy Finds 6-Carat Diamond at State Park

Says he'll sell it, give money to charity

(Newser) - An Arkansas man is the latest to find a large diamond at the state's Crater of Diamonds State Park. David Anderson reportedly moved to Murfreesboro, where the park is located, so he could constantly search for diamonds, and he got lucky Monday with a 6.19-carat find. He's... More »

Man Finds 2.89-Carat Diamond at State Park

He can keep the sparkler from Crater of Diamonds in Arkansas

(Newser) - A Louisiana man's diamond find has just about every married guy out there wondering why in the world they spend so much money on their wives at jewelry stores: Brandon Kalenda found a 2.89-carat sparkler after just 20 minutes of searching at Arkansas' Crater of Diamonds State Park... More »

Rare, Huge Blue Diamond Unearthed in South Africa

Could be worth as much as $20M

(Newser) - A rare, huge blue diamond was found in a South African mine earlier this month. The 29.6-carat sparkler is about six times larger than an acorn, and could be worth as much as $20 million. The dazzling stone was dug up by New Jersey-based Petra Diamonds at its Cullinan... More »

Finders Keepers: Artist Hides 7 Diamonds in Exhibit

Today is the last day, so hurry on over

(Newser) - Well, this is one way to get people to come to your exhibition: For the last week of his "Bouncing Cars" installation at New York's Ambassador Gallery, Jamison Ernest hid a diamond a day somewhere in the exhibit, the Wall Street Journal reports. Whoever finds that day's... More »

Engagement Rings Are Actually 'Insulting'

Insulting 'to notions of actual love,' that is: Tauriq Moosa

(Newser) - Diamonds have "little intrinsic value," writes Tauriq Moosa in the Guardian , so when large South African diamond mines were discovered in the late 1800s and De Beers Consolidates Mines was formed, its investors realized they would need to conjure up demand. That they were incredibly successful with their... More »

80-Year-Old Accidentally Swallows $5K Diamond

Miriam Tucker had to recover her prize the hard way

(Newser) - Miriam Tucker's last colonoscopy yielded quite a treasure: a 1.03-carat round brilliant cut diamond, worth $5,000. But don't go scheduling an appointment with your gastroenterologist in the hopes that you, too, will strike it rich. Tucker, you see, had accidentally swallowed the diamond first. The 80-year-old... More »

Thieves in $50M Diamond Heist Dressed as Police

Belgians fear speedy airport theft will ruin reputation

(Newser) - There have been no arrests in the $50M diamond heist at Brussels' international airport yesterday, but a few more details have emerged: The eight gunmen removed 120 packages from the plane's hold, said a rep for the Belgian public prosecutor. The thieves were apparently clad in what the AP... More »

'Trillions of Carats': Russia Sitting on Diamond Trove

Can supply world for 3K years

(Newser) - Russia is now a girl's best friend: A 62-mile-wide crater in Siberia sits on top of a diamond field that's home to "trillions of carats," scientists say. "By comparison, present-day known reserves" in Russia's Yakutia diamond operations are thought to be in the neighborhood... More »

Prophecy Drives Firm to Dig for Diamonds in Israel

And it thinks it has found evidence that it's on the right track

(Newser) - All it took was a prophecy. That was enough to launch Shefa Yamim, an Israeli mining firm that has spent more than a decade combing the hills and valleys around Haifa for diamonds, something no one ever expected to find in Israel. "It's a mission," CEO Avi... More »

Marie de Medici Diamond Fetches Dazzling $9.7M

Pear-shaped jewel worn at 1610 French coronation

(Newser) - The diamond Marie de Medici wore when she was crowned queen of France in 1610 has been sold at auction in Geneva for an eye-popping $9.7 million. The 35-carat pear-shaped "Beau Sancy" diamond has been passed down by royal families through the centuries. The buyer is anonymous, reports... More »

Jewelers Unveil All-Diamond Ring

150-carat accessory worth $68M

(Newser) - Swiss jewelers are redefining "diamond ring." Shawish has crafted a piece of jewelry made entirely of diamond—150 carats' worth. What the company calls the "world's first diamond ring" is valued at some $68 million. Given that Kim Kardashian's ring cost just $2 million, the... More »

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