Saturday, May 15, 2010

CRISIS, WHAT CRISIS?

"A diamond auction in Switzerland has seen a new record price per carat, with a blue, cushion-shaped 7.64 carat stone fetching 8.93m Swiss francs. The diamond, set in a yellow gold and platinum ring, went for twice its estimated price. A white emerald-cut 52.82 carat diamond fetched 8.8m Swiss francs, while an Alexandre Reza ring mounted with a 5.02 carat blue diamond sold for just over 7m Swiss francs. (BBC News, 13 May) RD

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