The “Pink Star”, a flawless pink diamond the size of a plum, sold for 76.3 million Swiss francs ($83.02 million) in Geneva on Wednesday, a world record price for a gemstone at auction. The oval-shaped diamond, mounted on a ring, weighed in at 59.60 carats.
Our own Ron Samuelson was impressed by the sale of this diamond as well, saying, “The price realized on this rare diamond is incredible. Prices on colored diamonds continue to be extremely strong and there is no end in sight. This demonstrates that there are investors who believe in the strength of the diamond market long term.”
What do you think of this diamond? What would you do with 59.60 carats?
CREDIT: REUTERS/TYRONE SIU/FILES
We hope everyone is doing well and has recovered from Hurricane Sandy. All of us here at Samuelson’s were working through the storm to bring you the best in diamonds! Ron was quoted in National Jeweler Magazine on Monday:
In Baltimore, Ron Samuelson kept his store, Samuelson’s Diamonds, closed on Monday. But that is nothing unusual–the store is always closed on Monday. Tuesday, however, will be a different story.
“It doesn’t look like we’ll be open but we’ll just have to keep in touch with everybody,” he said, noting that he doesn’t anticipate a great amount of damage to his downtown Baltimore store but also doesn’t think people will be out shopping for jewelry.
“Even if it were OK to go there, I don’t anticipate that many customers that would be coming in. We are just going to play it by ear,” Samuelson said.
His company also has two appointment-only locations, one in Washington, D.C. and one in the Baltimore suburbs. Appointments at both of those locations had to be put off on Monday.
“I don’t think that we’ll lose anything because most people will reschedule their appointments and still come in,” he said.
As for his Baltimore jewelry store, Samuelson is hoping that it won’t have to remain closed past mid-week. “I hope that Wednesday we’ll be up and running,” he said.
Please click here for the full article entitled “Sandy packs late-season punch for retailers.” Luckily, Samuelson’s Diamonds was not affected by the storm and we are open for business.
MAY 21, 2010: Samuelson’s Diamonds, Baltimore’s Downtown Diamond Destination, was featured in the May 16th Edition of National Jeweler Article ‘The Facebook Wave is Cresting’:
Some of the jewelry retailers that have embraced Facebook are realizing significant returns. Samuelson’s Diamonds, for example, a recognized leader in the movement, has not only posted a page under its specific company name but also operates a page under the title “Diamonds.” As I write this column, that latter page was being followed by 342,977 people. Imagine what that’s doing for Samuelson’s.
Samuelson’s is continuing its focus on being a leader in the jewelry industry in social media and cutting edge technology. See our ‘Diamonds’ Fan Page here:
The original article is from the May 16th Edition of National Jeweler and is entitled “The Facebook Wave is Cresting” A pdf excerpt is available here.
Samuelsons Diamonds, the downtown diamond destination in Baltimore, was runner-up in the National Jeweler’s “Best Of” contest for online advertising (mentioned yesterday, May 7 2009:)
Samuelson’s Diamonds, a Baltimore, Md.-based retail jeweler, was chosen as a finalist in the contest for its use of a viral marketing campaign.
The brand created a Facebook fan page simply called “Diamonds,” so that anyone searching for that term could become a fan, thus expanding the retailer’s exposure to a global audience.
The page currently counts more than 260,000 fans worldwide, with diamond enthusiasts in Asia, Europe, Africa, Australia and everywhere in between connecting with the retailer.
Samuelson’s adds frequent posts, updating its friends on giveaways and photos of new diamond designs that link fans over to Samuelson’s own Web site, SamuelsonsDiamonds.com.
Samuelson’s Diamonds continues its role as innovator in the field of online advertising.
The original article is available here: ‘Delamina’s online ad tops ‘Best Of’ list | National Jeweler‘