The Rubik’s cube has been a symbol of the quirkiness and eccentricity of the 1970s since its inception in 1974. It has never been seen as a symbol of status, opulence, or wealth at least until now. Diamond Cutters International is honoring the 40th anniversary of the Rubik’s cube with a $2.5 million masterpiece. The [...]
Whether you’re a professional jeweler or an average citizen, you’re aware of The Hope Diamond. You may not know its dimensions, history, or the story behind the myth that it’s cursed, but you’ve at least heard the name. That’s because it’s the most famous diamond in the world and is said to be the second [...]
On May 40, former Liberian President Charles Taylor was sentenced to 50 years in prison by a U.N.-backed court, which will more than likely turn into a life sentence for the 64-year-old political leader. Taylor was convicted of trading arms with the Revolutionary United Front rebels in Sierra Leone, who were responsible for the 1991-2002 [...]
This June, Queen Elizabeth II will celebrate her 60th anniversary as the reigning queen of 16 sovereign states with a Diamond Jubilee. The event is sure to be nothing less than royal, as it marks the first Diamond Jubilee since Queen Victoria’s in 1897 and the second in all of UK History. In addition to [...]
A necklace bearing five Mughal empire pendant diamonds with emerald drops has recently been offered up at a private sale for a price tag of $20 million. The necklace, called the “Mirror Diamond,” is a prime example of the highly sought after colorless rough diamonds discovered in India during the height of the Mughal Empire. [...]
One of the world’s oldest and most storied diamonds is expected to sell for up to $4 million at a Sotheby’s auction next month. The 400-year-old “Beau Sancy” weighs in at 34.98 carats, and the rare pear cut diamond is currently on display in Paris. From Paris, it will move to London and Zurich, before [...]
If regulators approve the products, diamonds could soon become commoditized in a similar vein to gold, silver, and other precious metals. Transforming the status of diamonds to a commodity would be the result of the introduction of exchange traded funds based on the obscure market. An ETF could be a diamonds’ best friend or worst [...]
Throughout history, diamonds have been used in the most luxurious pieces of jewelry, but nowadays, researchers are using them for a radically different purpose. A team of researchers from California has built a quantum computer in a diamond, demonstrating the functionality of solid-state quantum computers. The computer includes protection against "decoherence," a type of [...]
Diamonds have been viewed as a hot commodity all throughout history, and in current times, it seems that they are more popular than ever. Demand and stock prices for the rare gem are high, despite the wavering economy. Diamonds are incredibly difficult to mine for, and especially rare specimens can sell for millions. However, jewelry [...]
