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This sale included some Bulgari items, together with a gold and diamond Serpenti, that sold for CHF 27,940 (about $30,000); and several other Cartier watches, together with a diamond jewelry watch with a lemur sculpture for CHF 69,850 (about $78,000). The top three lots in this sale were all gem stones, together with a fancy blue diamond, a elaborate pink diamond, and a Burmese ruby, totaling almost $52,000, the majority of the total $77,703,074 sale. With a sea of viral A-listers on the entrance row it’s difficult for catwalk jewelry to make an instantaneous impact, significantly if your seating is lower than celebrity-adjacent. Chains and hoops have been reinterpreted, asymmetry reigned supreme and the hair clip had a glowing out-out replace.

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The media coverage and political rhetoric from sure quarters hinted at a possible collapse of the partnership. Factors such as these point out probably weaker short-term client confidence and negativity for future diamond acquisition by the mass markets. The Kimberley Process statistics indicate that Russia remains to be selling diamonds strongly, with 2022 exports of 36.7 million carats valued at $US3.87 billion ($AU5.eight billion). Holding back significant volumes would enable costs to stabilise and help the market in the brief term.

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