DiamondBuzz
Rare Pink Diamond Ring Expected to Fetch $9M at Phillips Geneva Auction
A rare fancy vivid purplish-pink diamond ring is expected to lead Phillips’ Geneva Jewels Auction: V on November 10, with an estimated value of around $9 million, the auction house announced last week.
The centerpiece of the ring is a 6.95-carat, VVS2-clarity, type IIa pink diamond, flanked by two triangular white diamonds. Its vivid color and exceptional clarity place it among the most coveted stones in the world of high jewelry.
The Geneva auction will also feature a selection of prestigious pieces, including jewels from the Vanderbilt family collection, and signature creations by top luxury houses such as Van Cleef & Arpels, Cartier, Bulgari, and Graff.
Ahead of the sale, Phillips will tour highlights from the collection across major cities including New York, Singapore, Taipei, and London, before presenting the full auction in Geneva.

This ring features a step-cut, 18.09-carat Kashmir sapphire with diamond shoulders. It has an upper estimate of CHF 2.2 million ($2.8 million).

A pair of earrings consisting of brilliant-cut, D-color, VVS1-clarity diamond studs weighing 8.28 and 8 carats will go on the block for up to CHF 680,000 ($850,000).

Phillips will offer this ring, bearing an old-cut, 10.08-carat, light-brown-pink, type IIa Golconda diamond. It’s expected to fetch up to CHF 520,000 ($650,000).

Schlumberger created this necklace in the 1950s. The piece, which includes diamonds, rubies, and sapphires, has a high price of CHF 400,000 ($500,000).

A pair of Graff earrings with octagonal step-cut, fancy-yellow diamond center stones weighing 21.38 and 20.33 carats surrounded by diamonds is estimated at up to CHF 400,000 ($500,000).

This diamond sautoir that Van Cleef & Arpels made in the 1920s has a step-cut diamond weighing 10.79 carats. The lot carries an upper price of CHF 400,000 ($500,000).

A ring with a 4.95-carat Burmese ruby and diamonds has a top estimate of CHF 320,000 ($400,000).

A convertible piece, this lot can be worn as a tiara or a necklace. Created in the second half of the 19th century, it has sapphires and diamonds, and carries a high estimate of CHF 320,000 ($400,000).

Bearing a 20.08-carat Paraiba tourmaline center stone in a diamond surround, this ring is anticipated to go for up to CHF 280,000 ($350,000).
DiamondBuzz
De Beers Group Launches “Heera Hai Aapke Liye” Program at IIJS Bharat Signature to Revolutionize Natural Diamond Accessibility in India
De Beers Group, the world’s leading diamond company, marked a significant milestone in the Indian jewellery landscape with the official launch of the “Heera Hai Aapke Liye” program at IIJS Signature. The star-studded event featured actress Sonakshi Sinha, who joined Shweta Harit, Global Senior Vice President of De Beers Group and CEO of Forevermark, to unveil an initiative dedicated to making natural diamonds an integral part of daily life for the modern Indian consumer.



The “Heera Hai Aapke Liye” (Diamonds are for You) program is strategically designed to promote natural diamonds by raising awareness, boosting market visibility,and creating a seamless connection between retailers and consumers. With a focus on modern designs and attractive price points, the program also lets local retailers use De Beers Group campaigns as their own—second-piercing earrings, ‘Bestie’ bracelets, and ‘Intention’ pendants. It positions diamonds as a lifestyle choice for self-expression and daily wear.

Speaking at the launch, Shweta Harit, Global Senior Vice President of De Beers Group and CEO of Forevermark, detailed the evolution of the brand’s storytelling, stating, “De Beers Group has a rich legacy of creating iconic ritual campaigns that have shaped how the world perceives diamonds. With ‘Heera Hai Aapke Liye,’ program we are evolving that narrative for the Indian market to another level.
We are not just selling jewellery, we are making natural diamonds more accessible and desirable in India. Our goal is to empower retailers through INDRA (Indian Natural Diamond Retailer Alliance) to ensure that every ‘First Diamond’ journey is as credible as it is beautiful.”

Speaking on the occasion, Kirit Bhansali, Chairman, Gem & Jewellery Export Promotion Council (GJEPC), said, “IIJS has always been a powerful platform for shaping the future of India’s gem and jewellery industry, and the launch of ‘Heera Hai Aapke Liye’ at IIJS Signature reinforces that role. GJEPC is proud to partner with De Beers Group on the INDRA (Indian Natural Diamond Retailer Alliance) project, which is a critical step towards strengthening domestic demand for natural diamonds.
By empowering retailers, enhancing consumer confidence, and expanding access across metros and Tier 2 markets, this initiative aligns perfectly with our vision to grow the natural diamond category sustainably within India.”
The program ‘Heera Hai Aapke Liye’, rests on few strategic pillars aimed at industry growth and scalability:
- Stocking & New Consumer Opportunity: Identifying gold wholesalers and distributors across 15–20 cities to focus on a first-phase target of 500 retailers.
- Retailer Advantage: Providing a “Design Advantage” and strict “Product Hygiene,” backed by a clear buy-back policy and robust training and marketing support via the INDRA alliance.
- Heera Hai Aapke Liye is robust entry-level product kit featuring earrings, bangles, bracelets, etc supported by exclusive visual merchandising (VM) for display.
- Growth and Scalability: A PAN-India reach strategy designed to unlock new business opportunities for both manufacturers and retailers.


As India continues to grow as the world’s second-largest market for retail diamond jewellery, De Beers Group remains committed to strengthening the natural diamond narrative. By combining the emotional appeal of natural diamonds with the practical “Heera Hai Aapke Liye” framework, De Beers aims to build a sustainable future for the category across both metros and Tier 2 cities. De Beers and GJEPC aim to expand the base of Natural Diamond buyers, increase self-purchase consideration, and establish long-term credibility for the category.
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