Diamond Rings

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lady luckA fancy vivid yellow diamond weighing a whopping 77.77 carats is expected to be the top lot at Sotheby’s Hong Kong, with a pre-sale estimate up to $7.7 million.

Clearly the top lot has auspicious ties to the number seven. In the Western world, seven is considered the luckiest of all numbers; many a gambler has dreamed of hitting the 7-7-7 slot machine jackpot. For potential Asian buyers, seven is a lucky number that signifies togetherness, and the yellow hue is also symbolic of royalty and power.

The “Lady Luck Diamond” boasts a VS2 clarity and a pure fancy vivid yellow, the most desirable saturation for colored diamonds. Pure yellow diamonds owe their coloration to nitrogen atoms dispersed throughout the crystal matrix, which is extremely hard to penetrate. The amount of nitrogen present determines a yellow diamond’s saturation level, which is why the more intensely saturated gems are extremely rare and valuable.

Flanked by five-carat heart-shaped diamonds on either side, the “Lady Luck” is presented as the lady luck 2centerpiece of a three-stone ring in rich 18 karat yellow gold. It can also be detached and worn as a pendant on its own.

The “Lady Luck” is sure to appeal to a wide audience of bidders later this month at Sotheby’s “Magnificent Jewels and Jadeite Sale” at the Hong Kong Convention and Exhibition Center. The auction comprises 320 lots in total, including rare colorless and colored diamonds, gemstones, and signed pieces from the Art Deco period. Total sales expected to be generated are over $100 million.

 

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Diamond RingValentine’s Day is just around the corner and when it comes to the season of love, pulling out all the stops for your loved one includes popping the question. In fact, the latest American Express report found that six million couples are likely to get engaged on February 14. Once the actual proposal is planned out, finding the perfect engagement ring for your partner is essential in getting that desired response.

Here are five tips to help you get through the daunting task of picking out the ring:

1. Know your budget. You don’t need to have the exact number in mind, but a range will make the selection process a lot easier for you and the jeweller.

2. Know her style/taste. Take a peek into your loved one’s jewelry box and take note of the type of jewelry she already wears. Is she more classic or modern? Feminine or sophisticated? What would go well with her wardrobe and her lifestyle? You can also be sure to take note of any references she makes about jewelry, fashion and style.

3. Know the 4 Cs: Cut, Clarity, Color and Carat. You don’t need to walk in with a gemology degree but a basic understanding of what contributes to a diamond’s value and appearance is helpful. There is a fifth “C” which is confidence in the jewelry supplier/retailer. A reputable jeweler who is a member of the Gemological Institute of America (GIA) or the American Gem Society (AGS) can advise you on your purchase.

4. Know each other. Decide whether or not you want to shop with your partner or shop alone and if the surprise element is important for your proposal. This is a big decision but there is no right answer.

5. Know your jeweller. The last tip is perhaps the most important. It is crucial that you go to a jewelry store with a trusted and reputable jeweler. You should feel comfortable asking questions with your jeweler and discussing the entire process with them. Jewelry can be customized to fit a variety of lifestyles, budgets and circumstances. Be sure that you get exactly what you want through consultations and strong communication.

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