Jewel & Jewel

Prices for rough diamonds obtained from the Diamond Trading Co. (DTC) have gone up a cumulative average of 16 percent over the course of 2008, the DTC announced.

The DTC announced its average cumulative increase for the 2008 sights at the request of sightholders. This figure includes all increases since January 2008 and includes any increase implemented at the August sight scheduled to take place this week.

DTC spokesperson Lynette Gould said specific price increases for August were “nothing of any note,” and that the 16 percent cumulative increase is mainly a reflection of the price hikes implemented at the July sight.

Prices there went up an average of 5 percent across the board, and as much as 15 percent for larger goods.

In the release issued , the DTC states that, not surprisingly, the goods more strongly affected by the increases over the course of this year have been larger, higher-quality goods; boxes of rough that will yield the “highly sought after” polished stones of above SI clarity and over 1-carat in size.

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THE United Kingdom based mining and exploration company, River Diamonds, will discuss the proposal of changing its name to Vatukoula Gold Mines during its annual general meeting next week.

The company that owns Vatukoula Gold Mines is listed on the London Stock Exchange and has operations in Sierra Leone and Brazil.

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The pink diamond is the world’s most rare and valuable diamond.The Argyle mine is the world’s foremost source of unrivalled intense pink diamonds, producing 95% of the world’s supply. However, an extremely small proportion of Argyle Diamonds production is Pink colour, in fact less than one tenth of 1% is classified Pink.

The legend of Argyle pink diamond has grown over the past ten years. At the 1989 Christie’s auction in New York a 3.14 carat Argyle pink sold for $1,510,000. Privately, Argyle has sold pink diamonds for up to $1 million a carat.   
  
For years the white diamond was considered the world’s most beautiful diamond, until the discovery of the Argyle mine heralded the arrival of the Argyle pink diamond. Never before had pink diamonds displaying such intense shades of colour been seen. The pink diamonds of India, Brazil and Africa were characteristically light in colour and paled even further when placed beside the intensely pink Argyle diamonds. The natural colour diamonds have in fact been around as long as the classical whites but in much smaller quantities and never in great demand.

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Renaissance Diamonds has launched a new line of pink and blue colored diamond jewelry, the maker of fancy color synthetic diamonds announced.

The line, called “Breathtaking,” was created as a result of the “incredible rise in the demand for these environmentally friendly created diamonds,” the company said.

“The process to create colored diamonds in blue, pink, yellow, orange and other vivid colors is virtually identical to what happens below the surface of the earth,” Renaissance explained. “Now that they’re available, these diamonds save consumers thousands or even tens of thousands of dollars without sacrificing quality or more importantly beauty.”

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 Albert’s Diamond Jewelers is celebrating its 100 years in business. The store has been owned and operated by the Halpern family since 1960. Fred Halpern bought the small store in the East Chicago Harbor and has since moved it to its current location in Schererville, In.

     Fred, a third generation jeweler, purchased Albert’s Diamond Jewelers at the young age of 21. He worked hard at customer satisfaction.

Fred believes everyone that walks in the door should be treated like family. This belief has grown the small Harbor store into the 7,500 square foot “DREAM STORE” (as Josh Halpern put it) that it is today. Albert’s Diamond Jewelers is still family owned and operated. Fred, his son Josh, and his (Fred’s) brother Charlie are intricately involved in the day to day operations.

Engagement Ring Tips

When you shop for an engagement ring or other diamond jewelry you’ll find there are many ways to make a diamond appear larger than it actually is. The diamond’s cut, shape, and setting all have an impact on its apparent size.Put these five techniques to work for you if you want to buy a diamond engagement ring that looks larger than its true carat weight.

1. Consider Fancy Diamond Shapes

Fancy shaped diamonds usually look larger than round diamonds of equal weight, especially diamonds with elongated shapes, such as marquise, oval and pear shaped diamonds.

2. Choose a Pavé Setting

A pavé setting looks like a continuous surface of diamonds, but is actually made up of small diamonds set side by side into little holes, their surfaces nearly level withTiny beads are crafted from the surrounding metal to hold the diamonds in place.It’s difficult to distinguish individual stones, so a pavé setting makes you think the jewelry has more–and larger–diamonds than it truly does. Keep in mind that diamond rings with intricate pavé settings can be expensive, so sometimes it’s less costly to buy a larger diamond.

the setting.

3. Consider an Illusion Setting

The diamond in an illusion setting is mounted to a mirror-like plate before being set into the band, making it look larger, with more brilliance.There’s a downside to the illusion setting–it’s more difficult to repair.

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Diamond Jewelry being precious on one hand and delicate on other needs special care. Taking good care of diamonds not only maintain a long life of your jewelry but also the pleasant effect on your personality. Better is if it’s stored in individual jewelry cases or cloth pouches, but more care can go for more benefits. Here’s a short list of DOs and DONTs for good care of your diamond jewelry.

• Cosmetics like lotions, soaps, perfumes and powders and hair sprays can affect the spark of the diamonds by leaving a film on them, so avoid keeping diamond jewelry near any of these.

• Another important thing to be noticed is to take off your diamond jewelry while participating in sports and swimming.

• One of the properties of diamonds is that it repels water but readily accepts wax and grease, so keep all such ingredients away from diamonds.

Taking care while cleaning the diamond jewelry:

• The diamond jewelry needs special care while getting cleaned and a better way is to soak the jewelry for a short while in a liquid dishwashing and then give it a mild and gentle scrubbing.

• Use a lint-free cloth to dry the diamond jewelry.

• There’s no need to get it cleaned very frequently, once in a single or two years is enough for its professional cleaning.

Though diamond is known as the hardest metal but delicate jewelry made of it can be ruined even with a little change in day-to-day activities, and taking care of such dainties increases its life and your charm.