jewelry

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Spanish King's Rare Blue Diamond Could Go for $13.4M

35.56-carat jewel likely to defy market slump

(Newser) - A rare blue diamond with a rich history could sell for $13.4 million at auction in London tomorrow, despite the international economic slump, Bloomberg reports. The 35.56-carat Wittelsbach Diamond, the highest-valued stone offered by Christie’s International this year, belonged to Spain’s King Philip IV. He gave...

Robbers in Drag Nab $100M in Paris Jewel Theft

Theft among costliest in French history

(Newser) - Armed robbers—some dressed in drag—made off with $100 million in loot in what police today called one of France's costliest jewel heists. Brandishing handguns, three or four lightning-fast thieves swiped rings, necklaces, and luxury watches from display cases at the Harry Winston store near the Champs-Elysees in central...

Obama Camp: $30K Ring for Michelle Is Bogus
Obama Camp: $30K Ring
for Michelle Is Bogus
UPDATED

Obama Camp: $30K Ring for Michelle Is Bogus

Reports of thank-you bling from president-elect greatly exaggerated

(Newser) - Reports earlier today that Barack Obama is spending $30,000 on a thank-you ring for wife Michelle are false, the president-elect’s camp tells Politico. Britain’s Daily Mail quoted a spokesman for Italian jeweler Giovanni Bosco as saying Obama had contacted the company about getting the bling in time...

$125K Diamonds Are Winona's Missing Friend

Ryder says hotel lost borrowed bracelet; owner calls cops

(Newser) - Winona Ryder can't find a $125,000 bracelet and ring set lent to her by Bulgari for a magazine event, and now the company has reportedly called the cops, the Daily Mail reports. Ryder says she handed the jewelry over to staff at her Madrid hotel, but management says there's...

Jesus-Era Bling Dug Up in Jerusalem

2000-year-old earring discovered

(Newser) - A spectacular gold, pearl, and emerald earring, dating to the time of Jesus, has been discovered in Jerusalem, AP reports. The 2,000-year-old find, close to the Old City walls, is causing a sensation because Roman-era jewelry is rare as the city was ultimately destroyed and what survived was often...

Forget Tupperware, Gold Parties Are In

Cash-strapped consumers flock to parties featuring wine, nibbles, and cash for gold

(Newser) - Gold parties are taking off nationwide as Americans squeezed by the economy seek extra cash, Marketwatch reports. Partygoers bring along any unwanted gold jewelry they have lying around the house, sip wine and chat while it is appraised by experts, and leave with money in hand. Many go home with...

Amid Selloff, Gold King Won't Flush His Throne

Hong Kong merchant melts down palace to capitalize on rising prices ... except for toilet

(Newser) - With gold prices hovering around $1,000 an ounce, one Hong Kong jeweler is melting down the shining palace he spent a decade building, unloading chandeliers and armored knights—everything but his 24-karat toilet, the Wall Street Journal reports. "I don't care if gold hits $10,000 an ounce,...

Serial Thieves Swipe $2.5M in JCPenney Gold

As price climbs, all that glitters is gone in series of Calif. heists

(Newser) - California police are hunting a gang of gold thieves raiding JCPenney stores across the state, the Los Angeles Times reports. The gang has struck 11 times in 18 months to grab $2.5 million in jewelry, and they've been getting busier as the price of gold continues to climb. Cops...

50 Ways to Hock Your Lover
 50 Ways to Hock Your Lover 

50 Ways to Hock Your Lover

ExBoyfriendJewelry.com offers more than just a penny for your thoughts

(Newser) - Diamonds really are a girl's best friend, especially when auctioned off to sympathetic sisters on ExBoyfriendJewelry.com. EBay offers goods without much backstory, but the founders of the gem-hocking site put a personal twist on swapping, selling, and auctioning artifacts of toxic relationships, the New York Times reports.

Peru Dig Yields 4000-Year Old Gold Necklace

Oldest bling in the Americas shows primitives liked prestige

(Newser) - Researchers have dug up the oldest piece of crafted gold in the Americas, a 4,000-year old gold necklace, LiveScience reports. Found at a pre-Inca burial site in Peru, the bling proves that primitive societies sought displays of wealth. It signals "the social process towards some kind of inequality,...

Tiffany Presses eBay to Police Forgeries

Showdown may force online auctioneer to monitor—at a big cost

(Newser) - A legal battle between Tiffany & Co and eBay could change the face of online auctioneering forever, the Wall Street Journal reports. The jeweler says eBay should be responsible for checking its millions of listings for counterfeit goods, while eBay maintains that it's up to the trademark holder to flag...

Why Buy a Bag You Can Rent?
 Why Buy a Bag You Can Rent? 

Why Buy a Bag You Can Rent?

Bag and jewelry rental businesses capitalize on economic downturn

(Newser) - The economic downturn has fueled a surge in leased luxury goods, Portfolio reports. A small membership fee or monthly payment enables designer addicts to rent It-bags and other high-end accessories at businesses like From Bags to Riches. "Instead of owning an asset you can just buy the experience,"...

Note to Self: Be My Valentine?
Note to Self:
Be My Valentine?

Note to Self: Be My Valentine?

Millions of Americans buy their favorite person gifts on Feb. 14

(Newser) - Rather than going without that box of Godiva, about 8 million Americans are their own valentines, sending themselves gifts they're guaranteed to like, reports Reuters. Should you receive a valentine offering from a date, beau, or husband, disappointment may follow: There's a big difference between women's wishes and men's purchases....

Diamonds Are a Girl's Best Refund
Diamonds
Are a Girl's
Best Refund

Diamonds Are a Girl's Best Refund

Class-action suit forces gem giant De Beers to cut consumers a check

(Newser) - If you bought a diamond—any diamond—between 1994 and 2006, De Beers owes you money. The jewelry behemoth recently settled a class-action lawsuit that accused it of driving up diamond prices with monopolistic practices. To compensate, it will pay consumers up to 59% of their bling’s original price....

Couple Finds Rare Pearl in Clam Dinner

Purple pearl at local restaurant could be worth thousands

(Newser) - A Florida couple found an extremely rare purple pearl in their steamed clam dinner that could turn out to be worth thousands of dollars. The two stopped for seafood at a local restaurant when the man bit down on something hard in one of his middleneck clams. When cleaned off,...

Heidi's Bling Banged With Copyright Suit

"Project Runway" host's new line sued for copyright infringement

(Newser) - Supermodel and "Project Runway" host Heidi Klum has been sued by a top jewelry manufacturer who claims her new line of bling is a clone of copyrighted designs, reports People. Van Cleef & Arpels argued in papers filed in Manhattan federal court earlier this month that Heidi's jewelry creates...

Online Buyers Want Blenders, Not Diamonds

Luxury takes a backseat to the practical this season

(Newser) - With a shaky economy causing consumers angst this holiday season, online e-tailers say shoppers are opting for functional over frivolous. E-sales of furniture and appliances have spiked more than 70%, while sales of jewelry, watches, and flowers have dropped, reports the New York Times. “It’s certainly counter to...

Tiaras Go to Your Head
Tiaras Go to Your Head

Tiaras Go to Your Head

Headpieces take top honors as status symbols

(Newser) - Tiaras are this year's must-have adornment, with price tags that start at $9.99 and top out north of $400,000, the AP reports. Hello Kitty wore hers to the Macy's Thanksgiving Day Parade, and girly girls of all ages—especially those with money to burn—find that the trend...

What They Expect When Expecting
What They Expect When Expecting

What They Expect When Expecting

New fathers are rewarding their babies' mothers with 'push presents'

(Newser) - How to pass the time while your wife’s in labor? Perhaps at the jewelry store. The New York Times profiles the trend of fathers rewarding their babies’ mothers with “push presents,” gifts for enduring pregnancy. Modern women “are likely to want some sort of tangible bonus”...

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