Few stones can match the legendary powers of a diamond, from betrothal to battlefield. A flawless diamond was considered the ultimate protector, said to ward off serpents and evil spirits, fire and flood, poison, illness and thieves.
Bernie and Ruth Madoff's jewels were auctioned off this weekend. His 17 Rolexes disappointed but Ruth's baubles were snatched up by buyers eagers to help pay off Madoff's victims - or so they said. Best excuse for a spending spree we've had all year.
Todd Reed is red hot now but his success didn't happen overnight. He launched his signature look in 1994 - raw diamonds in quirky gold designs - and a few years later, made a big commitment to sustainability. That commitment is limiting his growth - and that's okay with him.
A fabulous five-carat pink diamond sold today at Christie's Hong Kong for $10,776,660, the highest per-carat price ever paid for a diamond. No doubt about it: fancy-colored diamonds are hot - and Hong Kong has become a major market for gemstones.
An engagement ring may be the most important jewelry purchase anyone makes. Not only does it represent a lifetime commitment, it may be the only piece of jewelry a woman never removes. Like the marriage itself, it should be beautiful, timeless and able to withstand some hard knocks.
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