New Lingerie Line Features Diamond Unmentionables

Harlette Platinum Lingerie clasps

Diamonds aren’t just for jewelry anymore. The fashion and gem industries made an interesting pairing recently with the announcement of a new line of diamond-bejeweled lingerie. Harlette lingerie and Eskae Jewellers partnered together to create a collection that features lingerie clasps fashioned from platinum hearts decorated with diamonds.

The sparkling lingerie collection is a first, and has been awarded a patent (2009100676) in 2009. The patented piece features over 135 diamonds.

“Harlette walks on the side of the road where tradition, style, affordability and fabrics do not come in to the equation,” said Naomi McGill Harlette creative director. “Harlette concentrates on ‘How do you feel?’ and ‘How is the piece transforming the client when she wears it?’ In essence, letting you unleash the naughty romantic within.”

McGill’s expertise lies in creating extravagant pieces using silk, handmade lace, gem-encrusted tulle, ostrich feathers and other elaborate details. She dreamed up this new piece when she noticed the lack of offerings in the lingerie market for women who wanted unique, one-of-a-kind items. She found inspiration in classic Hollywood mixed with royal, baroque and french flavors.

McGill caters to the most discriminating tastes and creates these handmade pieces for customers in Saudi Arabia, the United States, United Kingdom and Malaysia. You can view her collections at the Harlette Lingerie website.

Russian Diamond Producer Partners With Indian Cutting Companies

Rough diamonds from Alrosa's mine

Russian and Indian diamond industry members have partnered together to export and cut diamonds in a lucrative deal. Alrosa, a Russian diamond producer, enlisted the help of Rosy Blue, Diamond India and Ratilal Becharlal and Sons. The three Indian entities, all diamond cutters, will have access to Alrosa’s supply of raw diamonds valued at more than $490 million, according to current market prices. The company released this information in a recent press release, signifying a significant step forward in the highly successful Indian and Russian gem markets.

The contract stipulates that Russian exported diamonds will be adjusted in price according to quarterly reviews of the international diamond market. Also included in the contract negotiations were eventual increases in the supply of raw diamonds through Alrosa. This increase is not gauranteed, but highly probably should the partnership be successful.

Alrosa’s track record with Indian diamond cutting companies sparkles with success. The prolific diamond producer sold diamonds valued at over $500 million to Indian cutting companies in 2009 alone, nearly half of their total exports. In addition, Alrosa accounts for nearly 25 percent of the total global diamond output.

“ALROSA Company Limited is one of the world’s leading companies in the field of diamond exploration, mining and sales of rough diamonds, and diamond manufacture. ALROSA accounts for 97% of all Russia’s diamond production,”says the company’s website.

Diamond-Encrusted Apple iPad Released For Luxury Electronics Market

Diamond-inlaid Apple iPad

It’s not enough to own a coveted piece of personal technology. It’s not enough to boast about being one of the few, early owners of a particularly long-awaited item. No, just owning the new Apple iPad is not enough to give you water-cooler-conversation swagger. Now, unless you have the new diamond-encrusted iPad, you’re just another regular Steve.

The new iPad has barely hit store shelves, and Mervis Diamond Importers have upped the “cool factor” ante. They’ve given the new iPad a ridiculous 11.43 karats of diamond mojo. The diamond-specked iPad will retail for a whopping $19,999 when it becomes available for purchase on June 1.

“This gorgeous diamond studded iPad features 11.43 carats of diamonds, hand-set in a micro-pave styling,” says the company’s website www.mervisdiamond.com. “The diamonds are graded G/H in color and VS2/SI1 in clarity. The iPad features 64 GB of memory and is 3G enabled.”

You can surf the Internet, Skype your friends and Google to your heart’s content while being blinded by the ostentatious iPad frame.

The Mervis website assures you that “Every Mervis diamond has been hand-selected by Zed Mervis, a world-class diamond buyer.” So it would appear that good ol’ Zed fancies himself an Apple fan.

So if you’re in the market for something that will make all your techno-geek, flamboyantly gaudy friends cry in to their plain old Blackberry keypads, order yourself one of these sparkly gadgets. Be warned – when you try to bring it in for warranty repairs after you’ve dropped it on the floor, it is doubtful that the pimply-faced geek at the Apple store would have any compassion on you.

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‘World’s Most Expensive TV’ Boasts Gold And Diamonds

You were so proud the day you brought home your 56″ LCD TV. You envisioned being the talk of the neighborhood, the envy of every Superbowl party. Men would stare, women would blush. You would be “the man”. But sadly, it looks like you’re just “man”, because now there is a line of televisions that blast all other flat screens out of the water. You can protest that your surround sound is state of the art, that your wall-mounted flat screen and impeccable lighting put all other home theaters to shame. But do you have the “worlds most expensive TV” coated with gold and diamonds? Didn’t think so.

Despite daily reports of the struggling economy and faltering unemployment rates, there is clearly a portion of the population not batting an eye at scooping up monstrously ostentatious and gaudy gadgets. Much like the diamond-encrusted iPad, the

World's Most Expensive TV

, made by Stuart Hughes company, takes home electronics to an unforeseen height. This television, retailing at $2.25 million (no that’s not a typo) gets is monetary weight courtesy of a base and outer frame made of 18 carat rose gold, an outer frame that boasts 72 brilliant round-cut 1carat IF Flawless diamonds and sunstone and amethysts, an inner-screen layer of hand-sewn alligator skin, and the luxury of a limited run of only three TVs.

You’re surely thinking that you could never afford such an incredible piece of gadgetry. Don’t worry, there’s a lower-end piece that is just right for the more economically-minded consumer. Stuart Hughes offers the PrestigeHD SUPREME Edition with a mere 48 diamonds and a modest price tag of only $1.5 million. Bargain shopping at its best.

Sothesby’s To Auction Rare Red Diamond

Natural, red colored diamond

Sothesby’s plans to auction off a rare, red diamond ring on April 12. The sale will feature antique as well as contemporary jewelry, but the most highly anticipated piece from the auction is this rare red diamond. It is the first of its kind to be offered up in public auction in Australia.

The diamnd is a 0.82, fancy-grade purple-red Argyle diamond. The platinum ring in to which it is set features fancy-grade blue diamonds on either side and all three gorgeous stones are surrounded by brilliant-cut white diamonds. This antique ring is valued at 700,000 to 1million Australian dollars and is accompanied by a letter from Argyle Diamonds which attests to the rarity of the thing.

Argyle Diamonds, according to their website, “is one of the worlds largest suppliers of diamonds, producing approximately 20 million carats each year from its operations in the East Kimberley region, in the remote north of Western Australia. The Argyle Diamond Mines Joint Venture (ADMJV) was established in 1982 to own and finance the Argyle mine. The development and operation of the mine is governed by a State Agreement. Argyle Diamonds is 100 per cent owned and managed by Rio Tinto Limited.

Argyle commenced mining its main ore body in 1985, and has since produced more than 760 million carats of diamonds.”

According to a Sothesby’s press release, “less than a handful of red diamonds have been discovered.” To many diamond connoisseurs, a red diamond is nearly priceless, a belief which makes this upcoming auction all the more exciting.

Israeli Diamond Institute Partners With Far East At Hong Kong Jewelry Show

Exhibitor Prepares For Hong Kong Jewelry Show

The Israeli Diamond Institute (IDI)will make its mark in the Hong Kong International Jewelry Show this March. The IDI plans to have not only its largest showing to date, but it will also be the largest national pavilion at the show this year.

Israel plans to bring 60 companies to exhibit at the pavilion, signaling Israel’s great interest in trade with Hong Kong.

Hong Kong represents a large share of the market for Israel’s polished diamonds and the two countries expect a continued rise in business. Israel exported $1.043 billion in polished diamonds to Hong Kong in 2009.

“For many years, we have developed excellent relations with diamond companies in Hong Kong and other parts of the Far East,” IDI chairman Moti Ganz said. “This will certainly develop as these markets are showing impressive growth. We see the Far East as the direction of the future for Israeli diamond companies and we are working hand in hand with the industry to promote these efforts.”

The show takes place from March 5 to March 9 and will signify Israel’s focus on the Far East as its most promising business venture.

“China has evolved into an independent market for luxury goods and jewelry, with a great amount of wealth being created,” Ganz said. “In the coming years, we believe that China will become an important consumer of polished diamonds and we are focusing our marketing strategy on developing this as well as other markets.”

Saturday Night Live’s Lost Diamond

Saturday Night Live! has a longstanding reputation for bringing laughter to its audiences. On a night in March, however, the show brought one New York City woman to tears. Bree Candee attended a rehearsal of the long-standing comedy show to celebrate her 36th birthday. After enjoying the taping with her husband and friends, she dined at the trendy Nobu 57 restaurant. While dining with her friend, however, she noticed the 4-carat diamond was missing from her wedding ring.

She and husband Brian searched frantically for the diamond, as did the restaurant’s staff, but the search proved fruitless. Brian then phoned Saturday Night Live staging director Tom Popple, whom the couple had met earlier in the day. Popple informed the desperate husband, “Brian, I’m holding it in my hand as we speak.” Popple apparently found the ring under the seat that Bree had occupied.Brian, 35, felt utter relief and joy at the news. “It’s like winning the lottery. You can’t believe it.”

Bree was “still shaking” as Brian secured the diamond from Saturday Night Live’s 30 Rockefeller Plaza building and later placed it in her hand.”It’s one of my favorite things,” Bree said. “I wake up in cold sweats dreaming that I’m going to lose my ring – and the funny thing is, I did.”

Sothesby’s To Auction Off Rare De Beers Blue Diamond

De Beers Blue Diamond

Sothesby’s will auction off a stunningly rare blue diamond in April. The rare beauty is expected to sell for up to $5.8 million, says Sothesby’s auction house. The diamond is pear-shaped, flawless, and 5.16 carats. It is the first blue diamond to be auctioned from the De Beers Millennium Jewels Collection.

The Collection was unveiled in 2000, featuring eleven rare blue diamonds with a grand total of 118 carats. In addition to those eleven diamonds was the centerpiece of the collection; the Millennium Star which weighs 777 carats.

The flawless blue diamond up for auction in April is set in a ring, and was one of the collection pieces on display at the Millennium Dome in Greenwich in 2000. It will be auctioned by Sothesby’s in Hong Kong on April 7. The gem is described as “fancy vivid blue” which is the highest rating for a coloured diamond, which are famously rare and coveted. Natural color blue diamonds are created when boron is present during formation.The blue diamond is laser-inscribed with “De Beers Millennium Jewel 11”.

“It is an unprecedented opportunity to acquire at auction a gem with this unique historical provenance,” said Quek Chin Yeow of Sothesby’s Asia. Last year, a 7.03-carat blue diamond sold for $9.48 million, setting a price-per-carat world record. Sothesby’s stands to make an impressive sale from the 5.16-carat stone as well. Yeow expects the ring to sell for between $4.6 and $5.8 million.

New Book On Famous Diamond Robbery Answers Questions

Front cover of book

Front cover of book.

A new book is shedding light on the biggest diamond robbery in history. “Flawless: Inside the Largest Diamond Heist in History,” speculates that hairspray was the key component that was used in the theft.In 2003, robbers broke in to the Antwerp Diamond Centre and stole upwards of $100 million in goods. Leonardo Notarbartolo, arrested in Italy last July, is believed to have been the mastermind behind the incredible theft.

Authors Scott Andrew Selby and Greg Campbell pieced together research, interviews with Notarbartolo himself and official documents to recreate the road map for the heist. Campbell is the author of Blood Diamonds and Selby is a lawyer and diamond expert. In creating this book, they pooled their respective talents to discover that, during the robbery, a gang of thieves obscured a camera lens using hairspray and employed other tactics to break in to the Grunberger building and eventually in to the vault itself. Reminiscent of a Hollywood movie, Notarbartolo tells of a replica rehearsal vault built for practice runs.

The book answers longstanding questions regarding how the robbers circumvented security cameras and 9 other layers of security. Long shrouded in mystery, the Antwerp diamond heist has now been laid out in flawless detail, shining light on just how millions of dollars in diamonds were secreted away that fateful February night.

GIA Meeting With Diamond Industry Leaders Ends On Positive Note

Donna Baker, CEO of the Gemological Institute of America

As the diamond market struggles to regain its footing, yet remains ever volatile, the Gemological Institute of America (GIA) recently held a meeting with key industry leaders. On January 27, the leaders and the GIA converged in New York and consumer confidence was the main topic on the table.

Avi Paz, president of the World Federation of Diamond Bourses (WFDB), Artur Beller, president of Beurs Voor Diamonthandel and Moshe Mosbacher, president of the Diamond Dealers Club met with Donna Baker, chief executive officer of the GIA, and Thomas M. Moses, senior vice president of lab and research for the GIA. In addition to the status of the industry, meeting attendees also discussed GIA’s work in treatment detection (“treatment” refers to the tactic of coating diamonds to enhance their color), global quality standards and automated compliance controls.

The meeting concluded with the air of a “mutual admiration society” as the GIA expressed its reliance on the industry leaders to maintain the standards they set forth. “It was a productive and positive exchange of information and ideas that will greatly serve public and industry interests as we continue to work together for our constituents,” Baker said.

The industry representatives declared dependence on the GIA’s research to create those global standards. “It was a productive and positive exchange of information and ideas that will greatly serve public and industry interests as we continue to work together for our constituents,” Baker said of the meeting.