Sotheby’s May Be Liable for $4M in Missing Diamonds

click here to view in browser  |  register to receive this email July 25, 2022 Today's Headline Stories Sotheby's May Be Liable for $4M in Missing Diamonds Sotheby's may have to pay a consignor $4 million after the auction house allegedly released 45 vivid-yellow diamonds to another entity... US Jewelry Industry Shrinks as Closure Rate Grows De Beers Raises Production Plan eBay Partners with GIA to Authenticate Fine Jewelry News Digest Activist Investor Wants Richemont to Focus on Jewelry, Watches (Reuters) Nearly Half of Surveyed Retailers Report Gains in June (Instore) Renowned Designer Castro NYC Passes Away (Retail Jeweller) Responsible Rubies: As Demand Rises, Jewelers Struggle to Find Ethical Goods (Jewelry Connoisseur) -------------------------------------------------- Rapaport Events Rapaport Melee Auction July 19-28 New York & Dubai More Details Rapaport Melee Auction August 9-18 New York & Dubai More Details Rapaport Single Stone Auction August 17-29 New York & Israel More Details RapNet Diamond Index (RAPI™)   0.30 ct 0.50 ct 1.00 ct 3.00 ct     Weekly Jul. 17,2022- Jul. 24,2022 Monthly Jun. 24,2022 - Jul. 24,2022 Y2Y Jul. 24,2021 - Jul. 24,2022 0.30 ct -0.32% -2.79% -4.70% 0.50 ct -0.43% -2.89% 1.00% 1.00 ct -0.77% -2.57% 11.08% 3.00 ct -0.69% -2.00% 19.98% Financial Data Metals Gold $1,724.66 +0.15% Silver $18.55 +0.45% Platinum $868.00 +0.69% Palladium $1,924.00 -1.51% Currencies Euro $1.02 +0.07% Pound $1.20 +0.14% Yuan($) 6.75 +0.02% Rupee($) 79.88 -0.06% Stocks Signet Jewelers $59.43 -3.02% Chow Tai Fook HKD 15.48 +0.39% Chow Sang Sang HKD 11.62 -1.36% Titan INR 1,869.60 -0.04% Richemont CHF 106.75 -0.09% LVMH €634.70 +0.22% Swatch Group CHF 246.00 -0.16% Anglo American GBX 2,991.50 +2.77% Petra Diamonds GBX 100.00 +0.50% Lucara Diamond CAD 0.63 -0.79% Gem Diamonds GBX 42.35 +1.07% About Rapaport Prices | Subscribe Rapaport Investment Grade Diamonds with GIA and Rapaport IDR Grading Reports Shape Size Col. Cla. Cut Pol. Sym Rap%   Round 1.12 D IF EX EX EX -28% Details Round 1.33 D VS2 EX EX EX -6% Details Round 1.05 E VVS2 EX EX EX -14% Details Round 1.15 F VVS1 EX EX EX -35% Details Round 1.02 F VVS1 EX EX EX -14% Details Round 1.06 F VVS1 EX EX EX -14% Details Round 1.06 F VVS1 EX EX EX -14% Details Round 1.43 F VVS1 EX EX EX 4% Details Round 1.02 F VVS2 EX EX EX -31% Details Round 1.02 G VVS1 EX EX EX -14% Details Round 1.06 G VVS1 EX EX EX -14% Details Round 1.02 G VVS1 EX EX EX -14% Details Round 1.07 G VVS1 EX EX EX -14% Details Round 1.11 G VVS2 EX EX EX -14% Details Round 1.41 G VVS2 EX EX EX -6% Details Round 1.05 H VVS1 EX EX EX -15% Details Round 1.07 H VVS1 EX EX EX -15% Details Round 1.01 H VVS1 EX EX EX -17% Details Round 1.45 H VVS1 EX EX EX -2% Details Round 1.06 H VS1 EX EX EX -18% Details Round 1.13 H VS2 EX EX EX -24% Details Round 1.30 H VS2 EX EX EX -6% Details Round 1.31 H VS2 EX EX EX -15% Details     Content supplied by JNS® Jewelry News Service Copyright 2022 by Rapaport USA Inc. All Rights Reserved.

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