The Inaugural Mineral & Gem Asia Fair Opened Today

The first edition of the Mineral & Gem Asia opened Saturday and will run until Tuesday at the AsiaWorld-Expo, Hong Kong. Organized by UBM Asia, the fair has 101 local and overseas exhibitors in about 12,000sqm of exhibition space. Participants include exhibitors from about 27 countries and regions around the world displaying a variety of rough and polished gemstones, fossils, art pieces and rough, loose, semi- and fully finished mineral products.

Exhibitors include Amberstream from Poland; Blue Gems, Chili Jewels, Iskcon Gems, KGE Rough & Gems and Rusgems from Hong Kong, Duarte & Bastos from Brazil; Ram Narayan from India; and Star Mountain Mining from the US.

Apart from the rare mineral specimens, three dinosaur fossils are on display. They include a pair of dinosaur fossils in fighting position, Allosaurus atrox and Suuwassea emiliea, which are being shown for the first time in Asia. Tyrannosaurus rex – King Kong, which was displayed at the June Hong Kong Jewellery & Gem Fair 2014, will be at Mineral & Gem Asia as well. In addition, a three-dimensional model of the Thermopolis archaeopteryx specimen, the first of its kind, is on display.

“The launch of Mineral & Gem Asia is an important milestone in UBM Asia’s fair history. We are glad that the fair is receiving great support from the industry,” said UBM Asia Senior VP Wolfram Diener. 

This support includes The Stephen Hui Geological Museum of The University of Hong Kong and The Mineralogy Society of Hong Kong. The organizations are showing their latest mineral and fossil collections and are hosting onsite activities, such as a game and workshops, to give students the opportunity to explore, learn and appreciate mineral specimens, fossils and rare stones from around the world.

The Stephen Hui Geological Museum is displaying rare fossils including the skull of a Hipparion coelophyes, a well-preserved Jurassic plant fossil from Lantau Island and a two-cm large fossilized cone of pine from Tertiary rocks of Dong Ping Chau found in Hong Kong.

The Mineralogy Society of Hong Kong is showcasing valuable mineral specimens found from around the world including Calcite, Dioptase, Tourmaline, Tsavorite.

Mineral & Gem Asia at the AsiaWorld-Expo is running in parallel with the 2015 edition of the June Hong Kong Jewellery & Gem Fair, which at the Hong Kong Convention and Exhibition Centre, June 25-28. The June fair features 2,273 exhibitors from 45 countries and regions. 

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5-Carat Pink Diamond Fetches $5.7 Million, Natural Pearl Necklace Sets World Auction Record

A 5.29-carat purplish pink diamond sold for more than $5.7 million at Christie’s New York Magnificent Jewels sale Tuesday. The fancy intense gem was the top lot sold at the auction, surpassing its $5 million high estimate and fetching just under $1.1 million per carat.

Natural pearls were also in high demand Tuesday. The second-highest lot of the sale was a four-strand natural colored pearl necklace that sold for nearly $5.1 million, setting a world auction record for a natural colored pearl necklace. 

The necklace comprises four strands of 81, 76, 69 and 63 natural gray and brown pearls, measuring approximately 12.65 to 4.90 mm. The Swiss Gemmological Institute report confirms the authenticity of these saltwater natural pearls that, according to the report, have no indication of artificial color modification.

In addition, a single-strand natural pearl necklace was also among the top 10 lots. Designed as a graduated strand of 46 natural pearls, measuring 6.95 to 11.90 mm, they are joined by a marquise-cut diamond clasp, mounted in platinum, it sold for just over $1 million.

Rahul Kadakia, International head of Christie’s Jewelry, noted that colored diamonds and the jewelry creations of JAR also performed well with “spirited bidding.”

Graff Diamonds had two of its pieces sell among the top 10 lots. A pear-shaped D-color potentially internally flawless diamond pendant of 25.49 carats, was the third highest lot of the sale, fetching more than $3.4 million ($134,000 per carat) (pictured dangling from a diamond necklace); and a cushion-cut D-color potentially internally flawless diamond of 11.03 carats sold for more than $1.3 million ($120,000 per carat).

Whether diamonds or gems, color remains extremely popular on the auction market. Among the top sellers of the auction were a 5.04-carat circular-cut fancy gray-blue diamond that sold for nearly $2.3 million (pictured above); and a 9.40-carat cushion-shaped Burmese ruby that sold for more than $2.1 million, more than double its $1 million high estimate (pictured below).

JAR jewelry continues to command high prices. A pair of emerald, diamond and colored diamond ear clips sold for $845,000, smashing its $350,000 high estimate (below). It was the ninth highest selling lot of the auction.

Christie’s Magnificent Jewels sale totaled more than $41.9 million, with 77 percent sold by lot and 77 percent sold by value.

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Shenzhen Jewelry Fair To Open April 20

The 13th edition of the China International Gold, Jewellery & Gem Fair – Shenzhen, the jewelry trade event for Southern China, will be held April 20 to 22 at the Shenzhen Convention & Exhibition Center. 

The Shenzhen Fair, which occupies 22,000 square meters of exhibition space, brings together more than 380 exhibitors from 12 countries and regions, including Germany, mainland China, Dubai, Thailand, the United States, as well as Hong Kong and Taiwan. They will display jewelry, raw materials, and tools and equipment.

The Shenzhen Fair is timed for jewelers needing to replenish stock after a number of festivals and holidays. The dates for the fair over the past few years have been dependent on the Chinese New Year dates. But beginning this year, fair organizer UBM Asia will hold the event every April to enable buyers and exhibitors to plan in advance.

Participating jewelry companies include CHQ GmbH Fancy Gem House, KGE Rough & Gems HK Co Ltd, S. T. Trading STS Gems Ltd, Sunny Gem Co, Fai Dee Gems Co Ltd, Zhejiang Angeperle Co Ltd, Fai Po Group, Shanghai Kimberlite Diamond Co Ltd, Colorful Gems Ltd Divine Star (HK) Ltd, Rio Pearl, Shenzhen Himens Jewellery & Gold Co Ltd, and Vetorisn Jewellery Co Ltd.

As part of the Shenzhen Fair, Jewellery News Asia, the largest jewelry trade magazine in Asia, is presenting its second annual China Jewellery Market Summit, April 21 at 2:30 p.m. with its magazine. The Summit is divided into two main parts: 2015 New Products Launch - Jewellery Parade, and a dialogue with China jewelry brands and retailers.

This year, the Shenzhen Fair presents specialized pavilions to global buyers, including the China Gold Association Pavilion, the Baolin Pavilion, the Korea Pavilion and the Designer Pavilion.

The fair is open to jewelry trade buyers and the public.

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The Best of The Best Jewelry At Baselworld 2015

Fabergé Secret Garden necklace

Baselworld is known as a watch show but it is also one of the best places in the world to see the newest and best in jewelry from around the world, particularly at the luxury end. 

Among the brands that really made an impression this year was Fabergé. Not only with its first Imperial style jeweled egg in nearly a century. I already featured its Pearl Egg but the company exhibited several high jewelry collections reminiscent of the Fabergé of old, including a candy-colored collection of jewels called “Secret Garden (top photo).” Natalia Shugaeva, Fabergé’s head designer, said she wanted to create a collection of jewels that are opulent and refined. She succeeded.

From friends to those who actually work for the brand the word most used to describe the work of Fawaz Gruosi and his high jewelry brand, De Grisogono, is “crazy.” It is meant in the best possible sense. His singular creative designs have won the brand fame throughout the world and this year at Baselworld there were several ultra-imaginative masterpieces on displays. It’s almost become typical to expect the wonderfully unexpected from De Grisogono. Yhe De Grisogono High Jewelry necklace picture is a perfect example in 18k white and rose gold, 12 briolette-cut emeralds, 19 round-cut rubies (approximately 12.66 cts.), 29 marquise-cut white diamonds (approximately 11.01 cts.), 1,366 emeralds (approx. 60.20 ct s ) and 2603 white diamonds (approximately 137.54 cts.).

Chopard unveiled its High Jewelry Collection at Baselworld and even among the selection of jewelry destined for Red Carpet events one piece stood out. An ocean blue ring featuring a 41.57-carat oval shaped paraíba tourmaline from Mozambique and 8.8-carats of diamonds set in a lace-work of 18k white gold.

Georg Jensen and its managing director of jewelry, Meeling Wong, created several collections of refined jewelry that reinterpret the traditional designs of the famed silversmith brand. Among the items that stood out was a collection of pieces in collaboration with colored gemstone mining company, Gemfields.

Graff Diamonds also provided an exceptional jewelry not only in terms of size but in nuanced ways, showcasing several pieces that can be worn in a variety of ways or with clever use of material. The latter could be seen in the diamond tassel necklace pictured above.

Antonini, introduced a number of new collections with what it calls “natural” white gold, which is more like white mixed with a grey or yellow tint. It is used in a matte finished. Meanwhile more traditional rhodium-finished white and black gold is creatively used as a background for rough-textured pavé settings.

Pasquale Bruni introduced a number of colorful items led by Fiori in Fiore (Flowers in Bloom), featuring diamonds mixed with pink sapphires and morganite. 

Roberto Coin made a statement with its steely-eyed Falco (hawk or falcon, take your pick) ring and bracelet.  

Brumani was again as always a great designer of multi-colored stones that reflect the vibrancy of its home country Brazil and this year was no different as with these pastel colored earrings show. 

Like few other brands, Sutra brought color to the party with exceptional gemstones and creative designs as with these turquoise, diamond and gold earrings. 

More color was provided by Yoko London through its pearl-centric designs. 

Spanish brand Carrera y Carrera celebrated its 140th year anniversary with a collection of delicate, hand-made gold pieces. 

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September Hong Kong Jewelry Fair is a Global Event and a Gateway to China

Registration during the opening day of the 2013 September Hong Kong Jewellery & Gem Fair.

The world’s largest jewelry fair is set to begin in two weeks and its organizers are still billing it as the entryway to the fastest growing jewelry market in the world: China. 

The September Hong Kong Jewellery & Gem Fair will be held from September 15 – 19 at the AsiaWorld-Expo near Hong Kong International Airport; and September 17 – 21 at the at the Hong Kong Convention and Exhibition Centre in the heart of the city. 

AWE will display jewelry raw materials from over 1,700 exhibitors from around the world, while HKCEC will showcase fine finished jewelry from more than 1,900 exhibitors.

China Market Research Reports reveals that 2013 jewelry sales in Mainland China were approximately $75.8 billion, equivalent to 41.2 percent of total global consumption. UBM Asia, which organizes the fair, says that Hong Kong's location and its duty-free status makes it the “ideal gateway to China and the rest of the Asia." It's a claim UBM Asia has made since I started attending the event more than 10 years ago and it's even more true now than it was back then.

“The Fair occupies 135,000 square meters of exhibition space to accommodate more than 3,680 exhibitors from 51 countries and regions,” said Sunny Chan, Deputy Fair Manager, Jewellery Fairs, UBM Asia. “We expect to welcome more than 52,000 visitors from around the world.” 

New attractions at the 32nd fair include exhibitors from Egypt, Kazakhstan, Norway and Tahiti. For the first time, coral exhibitors from Japan will exhibit under the banner of Japan Coral. Together with coral exhibitors from Taiwan and Italy, there are more than 60 coral exhibitors at AsiaWorld-Expo. 

In addition, the fair has 22 dedicated pavilions: Antwerp, Brazil, China, Columbia, France, Germany, Hong Kong, India, Indonesia, Israel, Italy, Japan, Korea, Poland, Singapore, Spain, Sri Lanka, Taiwan, Thailand, Turkey, the United States, and the International Colored Gemstone Association, UBM Asia said. This year's “Design Arena” has increased by 40 percent in terms of exhibition space and will relocate to the Chancellor Room and Mezzanine 4 of HKCEC. Also, the International Premier Pavilion is bigger by 8.6 percent in terms of exhibition area.

This outpouring of exhibitors and attendees solidifies its reputation as a truly global event.

The Alrosa Group, Russia’s leading diamond company and the world’s biggest diamond miner by volume, will again host a diamond auction, along with the Paspaley Pearl Auction. In addition, the fair will again feature the world’s largest diamond pavilion, Asia’s biggest gemstone marketplace and the biggest display of Hong Kong jewelry in the world.

Visitor pre-registration is available at this link  until 1st September. The fair mobile app is available for download at this link. More details of special events are available by at this link. 

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What I learned in Tucson

The sunset outside the Tucson Convention Center

I’ve been covering the jewelry industry for 10 years and I have never been to the Tucson gem shows. It was an eye opening experience in many ways and I gained more hands-on knowledge in my eight days in Tucson than I did at any other time working in the industry. There are approximately 36 gems, minerals, fossil and jewelry shows in Tucson over a three-week period, with a few shows beginning earlier. The following is a short list of some of the things I learned:

The Mineral and Fossil Shows Rock. Where else can you find pieces of Quartz bigger than Shaquille O’Neal, amethyst the size of a coffin and fossilized specimens ranging from alligator heads to prehistoric insects?

It’s a place where you can walk into a hotel room and find a 450-pound Meteorite. Not only that, you then can learn that it produces a gem-quality mineral called peridot, also available on Earth. The outer space version of the gem has been given the name, Palladot.

It’s a place where hotel and motel room double as living spaces and showrooms. Brings new meaning to the term, mi casa su casa.

The Centurion Show is the easiest luxury jewelry show to work. This exclusive gathering of luxury jewelry designers, manufacturers and retailers provided me with ample time to view new and exciting products. It’s not typical of the shows in Tucson but it is in the state during the same time so I included it.

If you ever have a chance to join Lois Berger’s Pearl Walk, do it. She holds it annually during the AGTA GemFair. It’s an up-close view of the pearl industry.

Passion. It’s a word that’s thrown about the jewelry industry like candy to kids during Halloween. But it’s a word you never hear in Tucson. That’s because the passion is as obvious as water is to a fish.

If you ever get a chance to see Gary Roskin’s presentation on the Hope and Wittelsbach-Graff diamonds, do it. He was one of 10 gem experts to examine and photograph the two famous deep blue diamonds as these experts tried to determine whether these two diamonds, each with their own remarkable history, are from the same source.

Below are some photos from my time in Tucson:

A giant quartz outside the Riverpark Inn where the Pueblo Gem & Mineral Show was held.

A giant amethyst outside the Riverpark Inn.

Various fossilized heads

Fossilized prehistoric insects

A 450-pound meteorite in the Riverpark Inn hotel room/showroom of Charles Ellias.

The Palladot jewel-quality gems from the meteorite.

The hotel/showrooms of the Hotel Tucson City Center, home of the Arizona Mineral & Fossil Show.

The passionate buyers at the Arizona Mineral & Fossil Show.

Gary Roskin and Lois Berger at the Accredited Gemologists Association's Gala Dinner Dance, Feb. 2.

Agate slices

Peeking out of the shadows.

Gold

Prehistoric fossilized fish

Petrified wood