Sotheby's failed to sell its main lot auction "magnificent jewels and jade" (Magnificent Jewels & Jadeite) in Hong Kong. It happened two weeks after the auction in New York City suffered the same fate.
Jade bracelet, valued at $ 6.4 - $ 9 million has not found a buyer in the framework of trading on October 4. At a Sotheby's auction of important jewelry in New York last month, also failed to sell the main lot, which was a platinum ring with a diamond oval-cut diamond weighing 27.35 carat D VS2 color purity.
The most expensive items sold in Hong Kong, is a ring with a 5.07 carat ruby, surrounded by four pear-shaped diamonds that weighed a total of 7.56 carats. It was sold for $ 1.9 million, although estimates suggest its price at $ 1.9 -. $ 2.3 million
Total sales at the auction amounted to $ 24.8 million.
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National Bank of Fujairah (National Bank of Fujairah, NBF) has opened an office on financing the diamond industry in the center of Dubai Commodities (Dubai Multi Commodities Centre, DMCC) , Rapaport reports portal. In April this year, NBF has created a division to finance the diamond grow back, to make loans to producers of diamonds and diamantaires.
In a statement, the bank said that in his office, located in the tower, "Almas" in Dubai, appealed for 70 clients.
The office was inaugurated by Ahmed Bin Sulayem (Ahmed Bin Sulayem), the Chairman of DMCC, as well as senior officials of the NBF and DMCC members.
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