Friday, July 31, 2009

MORE CONSPICIOUS CONSUMPTION

"New York – A giant gem will hit the auction block in New York this autumn with the sale of the 32-carat emerald-cut Annenberg diamond, which is expected to fetch as much at $5 million, Christie's said on Wednesday. The flawless ring-mounted diamond, owned by philanthropist Lee Annenberg, widow of publishing magnate Walter Annenberg, leads the auction house's magnificent jewels sale on October." (Yahoo News, 22 July) RD

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