Last updateTue, 20 Jun 2017 6pm

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An emerald with a history goes to auction

emerald auctionIn the auction world, there are few things more fascinating than the journey of a gem through the hands of the rich and famous. The Stotesbury Emerald, which will be included in the Sotheby’s Magnificent Jewels sale in New York on April 25, is one such stone.

Crime against U.S. jewelers increases for first year since 2012

JSA(NEW YORK) - Jewelers’ Security Alliance (JSA) has released its 2016 Annual Crime Report covering crime against the jewelry industry in the United States. The total number of crimes against the industry increased from 1,117 in 2015 to 1,245 in 2016, an increase of 5.8%. Total dollar losses also increased from $69.3 million in 2015 to $72.4 million in 2016, an increase of 4.5%. John Kennedy, president of JSA, said that this was the first yearly crime increase against U.S. jewelers since 2012.

Sierra Leone pastor finds 700+ carat diamond

sierra leone

An African church minister who supplements his meagre stipend by scrabbling for minerals in the artisanal mines of eastern Sierra Leone has discovered one of the largest diamonds ever found.

The 709-carat stone was extracted last week by Emmanuel Momoh, a pastor in one of the myriad churches that ministers to the mining communities of Kono district, the diamond centre that became the crucible of Sierra Leone’s blood-soaked civil war.

Rare emeralds expected to fetch millions at Guernsey’s

guernseys emerald

(CNN) - Cleopatra wore them. Elizabeth Taylor loved them. Egyptians believed they could bring eternal life.

Though diamonds enjoy the reputation of being a girl's best friend, emeralds in fact are more rare -- and more valuable.

"Sought after for their rich color, regal history and identifiable look, emeralds are one of the most iconic gemstones in the jewelry industry," Amanda Gizzi, a spokesperson for Jewelers of America, a New York-based trade association, said in an email.