Elizabeth Taylor’s Jewelry Valued at $150 Million

Elizabeth Taylor’s Jewelry Valued at $150 Million

Her fragrance may be called White Diamonds, but the late Elizabeth Taylor wasn’t picky when it came to her gems: Diamonds, rubies, sapphires, and emeralds all had a place in her famed collection—which has been valued at $150 million, according to a Good Morning America report. The news segment includes a clip from Taylor’s 2002 appearance on 20/20 in which Barbara Walters asks what fascinates her so much about the gems. “The beauty, the perfection, God’s workmanship—they’re all from the ground!” she says.

Photo: Getty Images, Elizabeth Taylor at the 29th Academy Awards in 1957

Of the massive collection accumulated over the years (mostly from her seven husbands), standouts include the 29-carat diamond ring given to her by Mike Todd, the—not to be outdone—33-carat Krupp diamond ring given to her by Richard Burton, and the 70-carat diamond necklace also given to her by Burton, the man she married twice. It’s now known as the Taylor-Burton diamond. In the 20/20 segment, Walters asks how Taylor deals with the current men in her life being jealous of the jewelry from her former lovers. Her answer? “Encourage them to give me more!” she says with laugh. In addition to Taylor’s incredible personal collection, the actress launched her own jewelry line called House of Taylor. “One of the things that I love that Dame Elizabeth always said is that with beautiful gems and jewelry, we never own them,” an employee of her company tells GMA in the segment. “We’re just temporary custodians. We basically just take care of them until they’re passed down to the next generation.” It remains to be seen whether Taylor’s collection will be passed on to her four children or if it will see a different fate. (We hear that the auction houses have had their eyes on the collection for years.) Elizabeth Taylor Diamond Museum, anyone?

Written By Emily Gyben  for fashionetc.com

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Largest Yellow Diamond Ever Up for Auction

Largest Yellow Diamond Ever Up for Auction

largest yellow diamond ever to be auctioned

Photos: Dan Kitwood / Getty Images

This 110.03 carat yellow diamond is expected to fetch between $11 and $15 million at auction.

One lucky lady is about to get some serious bling for the holidays. 

A 110.3 carat yellow diamond found in South Africa is hitting the auction block in Geneva next week, the New York Daily News reports. It’s the largest yellow diamond ever found, and will set you back a cool $11 to $15 million. But with perfect clarity it’s a small price to pay for a treasure.

Collectors, jewelry fanatics, and gem aficionados will be thrilled to note that there are no previous owners of the sun-drop diamond.

“Some people find it very attractive to own a stone that’s been lying untouched in the earth for millions of years,” David Bennett, the head of Sotheby’s jewelry division, told the Associated Press. And even better: the winner of the auction gets naming rights to the stone. (Sun-drop is but a temporary moniker.)

So just how large is 110.3 carats? Roughly, this diamond is about two inches in length, and the diamond stone’s in a teardrop shape. In other words, it’s huge.

As a side note, we look amazing in yellow, ahem.

Written by Amina Akhtar  for fashionetc.com
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Mia Farrow To Testify In ‘Blood Diamond’ Case: Naomi Campbell’s Illegal Gift?



Mia Farrow To Testify In ‘Blood Diamond‘ Case: Naomi Campbell’s Illegal Gift?

As reported by by Jack Ryan, Tittle-Tattle Too™ 

Actress Mia Farrow is to testify next month over the “blood diamond” case. Farrow is an alleged witness along with model’s agent Carole White. Apparently these two women may or may not have witnessed Naomi Campbell attain a blood diamond from Liberia’s Charles Taylor.

Farrow and White are on the list to testify on Monday, August 9th. Taylor allegedly gave supermodel Naomi Campbell a gift after a celebrity dinner hosted by South African President Nelson Mandela in Sept. 1997.diamonds

Allegedly Campbell told Farrow of the gift she received from Taylor the following morning. Taylor, 62, allegedly gave Campbell a rough diamond believed to be illegally mined by the Sierra Leone rebels.

Taylor has also been charged with arming rebels, his role in the civil war in Sierra Leone, charges for murder, rape, enslavement, child soldiers conscripting, and pillaging local towns and cities.

Campbell has been subpoenaed to testify about the events despite refusing to speak to prosecutors voluntarily. She is to take the stand next Thursday.

Taylor is believed to have stole diamonds to buy or exchange for new weapons for the Sierra Leone rebel army. Taylor has been on trial since 2008. (c) tPC

Tittle-Tattle Too™    as reported by Jack Ryan July 30, 2010

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Why doesn’t Naomi Campbell want to testify about her ‘blood diamond’?

Why doesn’t Naomi Campbell want to testify about her ‘blood diamond’?

Reported  by Elizabeth Day, The Observer, Sunday, July 4, 2010 

The supermodel is resisting calls to give evidence at the Hague trial of former Liberian dictator Charles Taylor 

Over the years we have become accustomed to seeing Naomi Campbell in court. In 2000 she pleaded guilty to attacking her assistant with a telephone in a hotel room. Six years later she admitted hitting her housekeeper with a jewel-encrusted mobile phone, causing an injury to the head that required several stitches. In 2008 she was arrested at London’s Heathrow airport on suspicion of assaulting a police officer after one of her bags was lost. Then, earlier this year, a limousine driver filed a report with the New York City Police Department claiming that Campbell had slapped and punched him. 

Campbell’s court appearances, like the blooming of the cherry blossom or the migration of swallows, seem to have become a regular occurrence in the calendar. But not even the most seasoned Campbell watcher could have predicted that she would one day be pursued by the courts in The Hague. 

And yet last week the model was ordered to give evidence at the war crimes trial of Liberia’s ex-president, Charles Taylor.  The UN-backed special court for Sierra Leone issued a subpoena forcing Campbell to appear after allegations surfaced that she was given a so-called “blood diamond” by Taylor at a dinner party held by Nelson Mandela in South Africa in 1997. 

The former dictator is accused of selling diamonds to fund a bloodthirsty war that cost thousands of lives. It was one of these uncut diamonds that Taylor is alleged to have given the supermodel. The actress Mia Farrow, who was a guest at the same dinner party, has claimed that Campbell told her she was interrupted in the middle of the night by some men saying they were representatives of Taylor before handing over a “huge diamond“. 

Carole White, Campbell’s agent at the time, says that she witnessed the event. “I was there,” she says, speaking from the London headquarters of Premier Model Management, the company that she founded and that represented Campbell for 17 years. “He did give it to her. It was a small, uncut diamond. I am totally surprised that Naomi hasn’t admitted it.” 

But Campbell has consistently refused to volunteer her own testimony to the tribunal, furiously walking out of a recent television interview with ABC News when the reporter had the temerity to ask about the allegations. It seemed a strange reaction for a woman who, having turned 40 earlier this year, has tried to distance herself from a youth-obsessed modelling industry and reinvent herself as a charity campaigner. 

She is a “global ambassador” for the White Ribbon Alliance, which aims to raise awareness of the number of women who die each year following complications arising from pregnancy and childbirth. She has also campaigned on behalf of Aids charities, and raised money to tackle global poverty. In February she staged a catwalk show at London fashion week to support victims of the Haiti earthquake. So assiduously has Campbell developed her charity profile that she now counts Sarah Brown, the wife of the former prime minister, as a close friend. 

And it is true that, despite her flaws, Campbell remains a role model for many in the fashion world for her trailblazing determination to put black models on an equal footing with their white counterparts. Campbell was the first African-Caribbean woman to make the cover of French Vogue and is one of the few models to speak out about racism in the industry. Steve Pope, editor of the Voice, the weekly newspaper aimed at Britain’s black community, says that Campbell is a pioneer. “It has always been an unspoken rule that if you’re a fashion magazine editor and you put a black model on the cover, you lose sales. Naomi turned that around and showed that, if you put her on the cover, if anything it would boost sales. Unlike some other models who have kept quiet about discrimination, she has actually started speaking out about it.” 

It is hard to reconcile this Naomi Campbell – the pioneer, role model, tireless charity campaigner – with the petulant, aggressive woman who lashes out by throwing mobile phones at assistants and refuses to testify at a war crimes tribunal apparently in a fit of pique. But those close to Campbell say her behaviour is fairly typical for a woman who can flip without warning from one extreme to another. “It’s most definitely her temperament,” says White. “She’s a Gemini and she has two sides. One side is this generous, intelligent, witty, funny and vulnerable individual, but the bad side negates a lot of those things. The bad side is very self-destructive, with no self-control. She doesn’t care about the consequences when she’s like that, for herself or other people.” 

White adds bluntly that working with the model was “a bloody nightmare… She was very hard work, unpredictable and you never quite knew if she was going to turn up. I just took care of her, almost as a mother would. I also worked out that you should never get close to her. I watched so many people think they were her best friend. In her case, familiarity did breed contempt. I think she is very driven by not wanting to go back to where she came from. She got out of that life into a fairy-tale life, meeting incredible people and becoming pretty powerful in her own way.” 

Campbell was born in Streatham, south London. Her part-Chinese father was unnamed on her birth certificate and walked out when Campbell’s Jamaican-born mother, Valerie, was four months pregnant. Valerie danced in a 1970s go-go troupe and was on the road for long periods – until the age of 10, Campbell was largely brought up by friends and relatives. Her way out of Streatham came about by chance. When she was 15, she was spotted in Covent Garden by a model scout and signed up for a shoot with Elle magazine, whose then editor, Sally Brampton, later recalled the gawky teenager as “a bird of paradise”. Within five years, Campbell had earned her supermodel stripes, appearing on countless magazine covers, posing nude for Playboy and starring in George Michael’s 1990 Freedom music video alongside Cindy Crawford and Linda Evangelista. 

It must have been quite a culture shock for a south London schoolgirl. In the catty world of high fashion, where models and designers were accustomed to smiling prettily while stabbing one another in the back with a judiciously placed stiletto, Campbell’s straight talking won her few admirers. The designer Alexander McQueen, who died earlier this year, once said that because Campbell “came from the street, like I do, people can’t handle her. They can’t handle that sort of aggression.” Dylan Jones, the editor of GQ magazine, puts it differently: “Naomi Campbell genuinely kicks up dust, and for that reason people find her fascinating.” 

In an interview with Oprah Winfrey in May, Campbell tried to explain her outbursts as stemming from “an abandonment issue and also from trying to just build up a family around me that’s not my immediate family. If I feel a mistrust, then… all my cards go down.” 

But for all that she might seek to build up a protective dam of friends and surrogate family, Campbell still cuts a distinctly lonely figure. She has never married, instead pursuing a succession of short-lived relationships with high-profile men, including Formula One boss Flavio Briatore, boxer Mike Tyson and dancer Joaquín Cortés (she has been dating her current boyfriend, billionaire Russian property mogul Vladimir Doronin, for a little over a year). Although her fellow model Kate Moss describes Campbell as “one of the most truthful and generous friends I have known”, she does not seem to have all that many people she can rely on. 

“Her lifestyle is quite lonely,” says Carole White. “It’s very privileged in the way that she travels first class or on private jets or hangs out with princes and presidents, but that cuts you off from normal life. I think she finds it difficult to behave in a normal way and she’s plagued with hangers-on. She’s quite suspicious of the people around her. She has a few friends, but it’s a small group and because of her bad temper she falls out with people.” 

Perhaps it is this innate mistrust of the motives of others that has made Campbell so unwilling to travel to The Hague to give her side of the “blood diamond” story. But for a woman who has so few constant relationships in her life, how sad that one of the main ones should apparently be with her solicitor.

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Crime Stoppers: Stolen Diamond Rings

Crime Stoppers: Stolen Diamond Rings
As reported by: Gene Birk, reporter at wbko.com

Engagement RingsBowling Green Police are investigating a theft from a local jewelry store in this week’s Crime Stoppers. Police say just after 10:00 a.m. on Thursday June 3, a heavy-set black male entered Morris Jewelry on East Main Street in Bowling Green.

When the employees weren’t looking, the suspect reaches into a display case and steals three diamond rings valued at almost $25,000.

The suspect is captured on surveillance video stealing the diamond rings. The diamond  rings are described as a 1.25 ct. center stone in a coast mounting in 14K white gold, a 1 ct. center stone custom ring in platinum, and a ½ ct. with a “V” shaped engagement ring and “V” shaped wedding band.

The suspect is a bald black male in his forties, with designer black frame glasses and bushy eyebrows. He was wearing a ring on his left little finger. The shirt he wore was a navy blue shirt with a patch on the left shoulder and embroidery on the left breast.

Authorities are hoping someone recognizes the suspect or knows about the stolen rings.

If you have information about this or any crime, please call South Central Kentucky Crime Stoppers at 781-CLUE, toll free at 866-842-CLUE, or click here to go to their website.

Crime Stoppers only wants your information, not your name. Their telephone lines are not recorded, and they do not use caller ID or *69.

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A 52 Week Low for Diamond Offshore Drilling



New York, May 28th (TradersHuddle.com)- Shares of Diamond Offshore Drilling, Inc. (NYSE:DO) booked a new 52 week low by trading below $65.4, traders are definitely monitoring Diamond’s price action to see if this move attracts further selling, or it this last push down sets a tradable bottom in the stock.

Diamond Offshore Drilling, Inc. (NYSE:DO) drills offshore oil and gas wells on a contract basis. The Company is a world-wide deep water driller that serves markets that include the deep water, harsh environment, conventional semisubmersible and jack-up markets for diamonds.

Diamond Offshore Drilling is currently trading -4.11% versus its previous diamond trading session close, and it has calculated support and resistance at $65.4 and $76.44 respectively. Clearly with this action this range has been penetrated, and traders will be reviewing diamond  price action to establish a new tradable range

The overall market index S&P 500 is trading flat by 0% from its previous trading close, which means that Diamond Offshore Drilling stock is underperforming the overall market.

Reported and written by Danny Miller for TradersHuddle.com    

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Fancy Intense Blue Diamond Ring Sets New World Auction Record

Blue DiamondsA claw-set with a fancy intense blue cushion-shaped diamond weighing 7.64 carats, mounted in yellow gold and platinum, saw competition from at least three potential buyers before selling to an anonymous client for $8,034,503 at a Sotheby’s auction in Geneva. The sale of the diamond, which had an estimate of between $4-6 million, sets a new record price of $1,051,636 per for carat for a fancy intense blue diamond sold at auction. Sotheby’s established the current world record price per carat at auction (USD $796,178) for a fancy intense blue diamond in November 2009 in Geneva with the sale of a 3.17 carat round brilliant-cut stone. According to Sotheby’s records, this was the largest cushion shaped stone of this color grading ever to appear at auction. A GIA report states that the diamond is Fancy Intense Blue, Natural Colour, VVS2 Clarity, and comes together with an additional GIA worksheet stating that the diamond may be Potentially Flawless after repolishing. Sotheby’s Spring Sales of Magnificent and Noble Jewels brought a total of $53,976,331, a figure well above pre-sale expectations of $32.4-46 million. The sales sessions saw lively and competitive bidding across the board for top-quality jewels at all price levels – be it important colored stones, white diamonds, glamorous signed pieces or jewels with historic and noble provenance. The overall sell through rates reached 88% by lot and 97% by value, with more than 74% of the lots sold achieving prices in excess of their high estimate. “Today’s outstanding results once again demonstrate the vibrancy and depth of the international jewelry market and the enormous appetite throughout the world for jewels and gemstones of the very best quality. Our pre-sale viewing in Geneva was among the busiest that we’ve staged in recent years and, the general interest and enthusiasm that we saw in all the worldwide locations where we exhibited highlights from the sale was extraordinary. The prices achieved tonight for the two blue diamonds and also the spectacular 52.82-carat white diamond were much deserved, as these were all gems of the highest quality and rarity and it was also heartening to see our fourth dedicated sale of Noble Jewels perform so well once again, exceeding the pre-sale estimate by a large margin. We are absolutely delighted with the results of today’s sales, which have performed superbly well in every category,” says David Bennett, Chairman, Europe & the Middle East, Sotheby’s International Jewelry department. ms of the highest quality and rarity and it was also heartening to see our fourth dedicated sale of Noble Jewels perform so well once again, exceeding the pre-sale estimate by a large margin. We are absolutely delighted with the results of today’s sales, which have performed superbly well in every category,” says David Bennett, Chairman, Europe & the Middle East, Sotheby’s International Jewelry department.

As reportedby Diamond News 12.05.10, 10:02 / World

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Colored Diamond Engagement Rings All The Rage

Diamond News: Colored Diamond Engagement Rings all the Rage

Diamond Engagement Ring
Diamond Engagement Ring

Suite101.com reports that people are looking to surpass traditional diamond engagement rings, and are now going for colored diamonds. Blue diamond engagement rings are currently a very popular choice.  According to the website, blue diamond engagement rings are becoming a new trend.

However, natural colored diamond engagement rings are a rare find and are thus pretty costly. It has been said that one in every 10,000 diamonds produces color, although modern technology has ways to enhance the natural process of producing colored diamonds.

Blue diamond engagement rings are available for a wide range of prices. The choices are broad, making it easy to find a unique blue colored diamond according to the lady’s preference.

According to Suite101.com, people are getting bored with traditional engagement rings and are searching for something that will make them stand out. Blue diamond rings achieve just that sense of uniqueness.

Do you think colored diamonds and other gemstones will replace the traditional diamond engagement ring?

Source: Karen Feldman, Israel Diamond Industry Portal,
Written by: Rachel Lieberman, Israel Diamond Industry Portal

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