Author Archives: Dr Shihaan Larif

Rare Yellow Diamond To Be Auctioned By The U.S. Government

Photo Credit: David Moore. Golden Eye Diamond.COM A rare yellow diamond is to be auctioned by the United States Government. The diamond known as the Golden Eye Diamond is said to have a history of over 100 years. The Golden Eye Diamond is a 43.51 carat cushion cut, internally flawless , intense fancy yellow diamond […]

Record Breaking Blue Diamond Sale

A 7.03 carat fancy vivid blue , internally flawless cushion cut diamond was sold for a record breaking price of US$9,488,754- approximately US$9.5 million (6.2 million pounds or 10.5 million Swiss francs) on the 12th of May 2009 at a Sotheby’s auction at Geneva, Switzerland.

This has set a new world record price for any gemstone sold at an auction, ie US$1,349,752 per carat. The previous record

Polished Diamonds Imports Down by 21% in Japan

Polished diamond imports in Japan fell by 21% in March 2009 ,when compared to the same period last year. Japanese people choose to spend less on luxury items due to the ongoing recession. The Japanese auto and computer/ electronics industry have taken a big hit due to decreased consumer spending in Europe and the US. […]

Export Performance- An Analysis of Exports

An Analysis of Exports for 2006 and 2007 By G.K.M Tilaka Nandani- Statistician, National Gem and Jewellery Authority, Sri Lanka. This article was reproduced with kind permission from the National Gem and Jewellery Authority. 1.1 (a) Gem Exports The value of gem exports in the year 2007 amounted to Rs. 10,442.2 million ,it was Rs […]

Important Upcoming Trade Shows/Events 2009

JANUARY Event City Country Jan 11th-13th PRINT’OR Fair Lyon France Jan 18th-20th JA International Jewellery (Winter) Show New York USA Jan 21st-24th 20th Int’l Jewellery Tokyo (IJT 2009) Tokyo Japan Jan 31st-Feb 2nd Jewellers International Showcase(JIS) Miami Beach USA FEBRUARY Feb 1st-5th Spring Fair Birmingham 2009 Birmingham UK Feb 3rd-8th G.L.D.A Tucson Gem & Jewellery […]

Facilities Offered by the National Gem and Jewellery Authority

In order to simplify the export procedure the National Gem and Jewellery Authority (NGJA)has introduced a new scheme ,and all functions connected with exports are centralized at the NGJA Colombo office.The NGJA levies a 0.70% services fee on exports. Income earned through Gem Exports and and local sales on foreign currency are exempted from income […]

Understanding Gem Reports- Summary of the Lecture Given by Eric Wong-Gemmologist

This lecture was delivered at the Singapore International Jewellery Show 2008. This article was reproduced with kind permission from the National Gem and Jewellery Authority. Today, at least 50% of gemstones set in jewellery items bought ,require gemstone reports by the consumers. As such there is a need for consumers to know the details on […]

Gem Talk Vol 10- Editorial

This article was reproduced with kind permission from the National Gem and Jewellery Authority. The outlook for 2009 is tempered by a high level of uncertanity over the world market conditions. The economic conditions in the US could continue to impact consumer sales in gems,diamonds and jewellery. Nevertheless strong demand from China, India, Russia and […]

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