Diamond News Archives
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(IDEX Online) - Billionaire British jeweler Laurence Graff has launched a perfume range inspired by his 302.37-carat emerald-cut Lesedi La Rona diamond.
A collection of six fragrances are being sold in bottles shaped like the iconic stone at $340 for 100ml.
Mr Graff, 81, paid $53m in 2017 for a rough 1,109-carat stone discovered by Lucara at their Karowe Mine, in Botswana.
It was the world's second largest gem-quality diamond and yielded the Graff Lesedi La Rona, and 66 smaller stones.
A range of perfumes named after the Lesedi La Rona have now been developed by Paris-based Inter Parfums.
Walter Johnsen, perfume creatives, told The Times (London): "Diamonds, like the very best perfumes, are totally unique. Both are the result of an elemental process — ultimately they are both gifts of the earth."...
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(IDEX Online) - A US jeweler who was shot in one of several robberies at his store has died of coronavirus-related complications.
Randy Flatau, 70, had run Randy's Fine Jewelers, in Beaumont, south-east Texas, selling jewelry and watches for several decades.
He hadn't traveled recently, but reportedly had underlying health issues.
Relatives told the local KFDM TV channel he was a great man and a great asset to his community. They called on the public to get tested for Covid-19.
According to the Beaumont Enterprise newspaper his store was robbed multiple times over the years.
On one occasion in 2012, Mr Flatau was shot in the leg after exchanging fire with an armed raider.
Picture of Randy Flatau from Facebook...
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The IDEX Polished Diamond Price Index slid 1.6% in March as coronavirus effectively brought trading to a standstill. The previous month had seen an overall drop of 1.27%, also impacted by Covid-19. During the first half of March there was a steady decline, followed by some fluctuations which saw prices bottom on the 25th, followed by a slight rally.
IDEX Online members please click here[1] for the full report on our Polished Diamonds Prices Index for March 2020....