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New York – Hollywood legend Elizabeth Taylor’s massive diamond and jewelry collection along with other belongings will go up for auction at Christie’s in December, the auction house said Wednesday.

The New York auction of her jewelry, clothing, decorative arts and film memorabilia will take place over four days from December 13 to 16. The auction is unusually long, usually only the annual spring sales that draw dozens of dealers and private collections last as long. Two days will be devoted to her jewelry alone.

A separate sale in London in February will auction her collection of impressionist and modern art.

Before the two-time Oscar winner’s goods go under the hammer in New York, they will go on a tour of seven world cities to allow her fans a glimpse into her life. Stops will include Moscow, London, Los Angeles, Dubai, Geneva, Paris and Hong Kong.

Taylor was known for her love of diamonds. After she received a gem from her first boyfriend as a teenager, diamonds became her favourite gift from her eight husbands and countless admirers. Her perfume was known as White Diamonds and she even authored a book called My Love Affair with Jewelry.

Taylor died in March at age 79, succumbing to congestive heart failure after a life distinguished by two Oscars, dozens of memorable film roles, turbulent romances, health problems and a pioneering role in raising awareness about AIDS.

A portion of proceeds related to the auction will go to Taylor’s AIDS foundation.

Source:  http://www.monstersandcritics.com/people/news/article_1648414.php/Elizabeth-Taylor-s-diamonds-other-goods-up-for-auction

Ever wanted an iPad – or any of the other tablets that are on the market today?  Well, here is a first generation iPad that has over 300 carats total weight of diamonds and has 1 kilogram of 18 karat white gold!  This is one “blinged out” iPad!  Oh…  The cost is only $1.2 Million Dollars!  That’s the most expensive game of Angry Birds I’ve ever seen!

If you’ve got a million dollars lying around and you don’t know what to do with it, you’ve got quite a lot of options. But spending all your money on one tablet probably isn’t at the top of your list. In the event that you would like to do such a thing – the option exists.

Camael Diamonds has just released a special edition iPad – and it’s not just any iPad. It is the world’s most expensive iPad, ornamented with 1kg of 18 carat gold and 300 carat flawless diamonds. Yes that’s right, this is one tablet that is going to give your arm a work out. With even the home button covered in black diamonds, don’t expect to pay anything but your life savings for this device. The Camael Diamonds iPad is valued at $1.2 million.

Unfortunately it’s not the iPad 2, but hey – if you were to purchase an iPad that expensive I doubt you’d be using it as a daily device to do your work on. It’s probably going to sit in your room like a trophy more than anything else.

Source:  http://www.ubergizmo.com/2011/06/1-2-million-ipad-diamonds/

We’re headed down to the 2011 JCK Show located in Las Vegas!  We’re going to check out some of the newest trends, styles, and find some great deals!  Come in and see us.  We’d love to show you some of the newest pieces that we pick up this weekend!

Below is a video found on YouTube of last year’s show.

A pink diamond ring weighing 10.99 carats is held by a model during a Sotheby’s auction press preview in Geneva. The stone, mounted as a ring has been graded “fancy intense pink”. Pink diamonds have been prized for their rarity, and have extraordinary optical transparency.
Photograph by: FABRICE COFFRINI

Were you worried that the world’s diamond supply would run out?  No worries…  Here is some information on one mine in Russia that has an estimated 1.28 billion carats of diamonds – which will take more than 40 years to mine!

RUSSIA’S secretive state-owned diamond giant Alrosa revealed its reserves and profits for the first time on Wednesday ahead of a public listing.

The disclosure came as the debt-ridden company – supplier of about a quarter of the world’s diamonds – seeks to find the billions needed to develop an iron ore field near China to help it diversify operations and secure stable growth.

Alrosa’s president said an internal audit showed its diamond reserves at 1.28 billion carats, making the company the world’s biggest holder of the precious stones.

“Our estimates give us reason to believe that Russia has the world’s largest reserves,” the Finmarket news agency quoted company chief Fyodor Andreyev as saying.

“At current extraction rates, the company’s reserves will last more than 40 years,” Andreyev said.

More than 90 per cent of the company is held either by the state or the local government of Sakha – the diamond-rich region of east Siberia where the firm is based – while another 9 per cent is traded over the counter.

A Swedish investment fund said last week that its small Alrosa holding valued the Russian firm at $5.5 billion (3.9 billion euros) but Andreyev previously valued it at double that estimate.

Alrosa hopes to list up to a quarter of its shares late next year to help pay off crushing debt and invest in the Timir deposit south of Sakha.

The plan, however, has been repeatedly delayed because the state still views Alrosa as a strategic asset in which foreign ownership is unwelcome and potentially dangerous.

Analysts were split on whether the company would still go ahead with the public listing now that the diamond market is once again booming.

“The trends we are seeing in India and China are blowing everything away,” Andreyev said.

The company has reported little success since first saying it had received interest in joint development from several China steel producers and on analyst said the public offering may be Alrosa’s only diversification option.

“The project will require investments worth billions of dollars,” Moscow’s Trust bank wrote in a research note for the Vedomosti daily.

“It seems the funds from the planned 2012 IPO will be directed there,” it said.

The Siberian firm revealed a bleak financial picture that showed a recent improvement in performance after a collapse in sales and profits during the 2008 global economic slump.

Alrosa reported a 2010 net profit of 11.8 billion rubles ($415 million) and short-term debt of 12.9 billion rubles ($455 million).

The diamond producer said its net debt stood at 97.8 billion rubles ($3.5 billion) and was down 13 percent from the previous year.

Analysts attributed the drop to an October eurobond placement that generated $1 billion and said they do not think the company will tap foreign capital markets again this year.

The company’s 2010 production figure of 34.3 million carats of diamonds placed it slightly ahead of South Africa’s private mining firm De Beers.

The Renaissance Capital investment house said 64 percent of Alrosa’s 2010 sales — which were up 45 percent — came from exports that fetched far higher prices than diamonds sold on the Russian market.

Alrosa also predicted an extended stretch of higher global prices on top of a 26 percent jump in the first three months of the year.

The company’s president said emerging market demand had created a $16 billion diamond market for an annual production base worth about $12 billion.

Welcome to the new Ari Diamonds website!  We have made some major changes to our website.  We think you are awesome!  So we want to make it easy on you by posting some pictures up for you.  Now you can look at some of our rings online, in our showroom, and now you can even buy a large selection online!  Feel free to browse around online, and come in to one of our showrooms to see our full selection.

Can’t wait to see you – especially with that beautiful ring on your finger!