Diamond Engagement Rings Specialist

With foreign investment drying up and in many cases, investors pulling their money out, there seems to be a trend in China to move a lot of their money outside the country. Usually in China, the money flowed in, not out. There seems to be a hurry to turn yuan into assets other than money.

In the US, many are thronging the foreclosure auctions. Shanghai has seen diamonds that are five or six carats or more being picked up by the wealthy. Diamond rings are obviously very popular. It seems to be the case of the bigger, the better. The Chinese earning outside the country too are not sending in as much as they used to. So a slowdown seems to be expected.

Radio listeners in Southern California could be in for a big bonanza if they win – a diamond bonanza in fact! Michael M, famous jewellery designer is the man behind the offer and it is being run on the popular 102.7 KIIS FM Morning Show.

The show is hosted by Ryan Seacrest, the popular American Idol host and Ellen K and outside of the show where it is being promoted, Ryan Seacrest is also doing mini radio commercials to pull in more listeners. There are other radio show people who are also doing advertisements to promote the show.

The contest ends on the 9th of this month – a few days from now and the winner will be presented with the ring on February 13th- a day before Valentine’s Day at Bridal Rings Co with whom Michael M is partnering for this contest. The diamond ring weighs 1.21 carats and it is set in white gold. It is valued at £6800 and it’s going to be one lucky winner who gets it!

Who says honesty is dead? There’s ample proof that it’s very much alive as this incident about a taxi driver will tell you. In Atlanta, a woman from Naples, Florida who was spending the weekend there left her bag in a taxi which was driven by Walter Fernandez, all of sixty four.

For two whole days, she spent the time looking for her bag till finally it dawned on her that she had probably left it in the taxi. What was in that bag was worth a lot – thousands of dollars because there were three diamond rings, a Rolex watch and diamond stud earrings. Also in that bag was her passport.

The taxi driver brought the bag back to the hotel with all that it contained. He had a very simple answer as to why he had done that when there was so much valuable stuff in the bag. He said it wasn’t his so he was not going to take it. The lady in question was so happy and gave him a reward.

If one were to take a diamond trip around the world to see how diamonds were doing in every corner of the globe, this is what the picture would be like. The focus is on the various main diamond international markets.

With the Chinese New Year coming on, diamond sales have improved and one finds that more of the smaller diamonds 0.15 to 0.69 carats are being sold. In Hong Kong, while the smaller stones with SI clarity are doing well, there is also increased demand for the over-5 carat stones. In Japan, there isn’t too much activity in the diamond trade to speak of and in Antwerp, diamonds below 2 carats are seeing a lot of activity in the rough state. The premiums on the larger diamonds in the polished state have all gone. In India, there’s a demand for round, oval, princess, pear and heart shapes while in the US there is a strong demand for diamonds up to 1.49 carats in the round shape. Large diamond sales however, have slowed down.

Rio Tinto’s diamond mine in Australia called the Argyle mine is getting famous far away in America as could be seen by the reception it got at the G’Day USA Australia Week. This was an event to showcase the best of Australia and the main focus of the show was those pink beauties.

Pink diamonds from Argyle are much sought after all over the world and you could see them glittering away, spreading a rosy haze around at the gala dinner that came at the end of the event. Australian actresses and models flaunted the jewellery made with these diamonds – from a wonderful bracelet to a million dollar necklace to a 3.42 carat ring.

Pink diamonds are rare and can be found in only very few diamond mines all over the world and Argyle has 90% of the market. Celebrities like Portia de Rossi and Jennifer Lopez have been given engagement rings with pink diamonds.

It’s not funny when the ring costs around £55,000. That’s what happened to Allison Berry when she went to the rest room to freshen up. There she was with this huge sparkler on her finger and the next thing she knew, it had slipped off and she had flushed it. Can one even begin to imagine the state of shock she must have been in?

However, the story has a happy ending. What the staff at the diner did was to call the man known as the Fixer – Mike Roberts. What he did was to insert a tiny video camera with an infrared light into the flush and was lucky to find the ring just a couple of feet away. Well, there were huge tips from the lady to all who helped and she paid for all the retiling and the plumbing bill as well. Who wouldn’t when they got back a rock that size after thinking it was lost for good!