Jewellery

diamond

Precious gems

Diamonds are a downturn's best friend

Retail may be in the doldrums, but resale at the top end of town is booming, with Sotheby's banking on record results for its fine jewellery auction in Double Bay on Monday.

  • Contains:
Murdoch

Cardboard charity

Murdoch bids $185k on cardboard box

The daughter of media tycoon Rupert Murdoch has been named as the successful charity auction bidder for a piece of royal memorabilia cardboard that may never be delivered.

  • Contains:
A "fancy intense pink" diamond

Precious gems

Rare pink diamond fetches $10.3m

A pink diamond the size of a SIM card was sold in Switzerland for 9.6 million francs ($10.3 million) as collectors continue to battle for rare gems.

  • Contains:
Jewellery

Spending boom

Luxuries boom as ultra rich splash their cash once more

Wall Street bankers, the ultra wealthy and even upper middle class shoppers are once again snapping up diamond rings, $10,000 handbags and designer gowns, priming the US luxury sector for more deals.

  • Contains:
World record auction price  ... the Cartier onyx-and-diamond panther bracelet,  which Edward VIII gave to Wallis Simpson.

Fashion forward

Wallis Simpson bracelet sets $7.3m record

A bracelet owned by Wallis Simpson, whose affair with Edward VIII led to his abdication, has sold for a world record $7.3 million at auction.

  • Contains:
diamond

Precious jewel

'Fabulous' pink diamond sells for $47m

A rare pink diamond has smashed the world record for a jewel at auction, selling for more than $US46 million ($A47.2 million) to a well-known gem dealer.

  • Contains:
dubai gold

Body art

Glitzy tattoos now come in real gold

Forget the henna and flashy jewelry, the latest accessory trend for the fashion-conscious party-goer in Dubai is a temporary tattoo made of real gold.

  • Contains:
stone

What a gem

Rare pink diamond to go on sale

Auctioneers Sotheby's said yesterday that a rare pink diamond valued at up to $US38 million ($39.11 million) would go on sale in Geneva in November, dubbing it one of the "world's most desirable stones".

  • Contains: