De Beers’ Releases Stockpile of Diamonds
That’s right, it looks like diamond bohemoth De Beers has released a stockpile of diamonds and that is resulting in a price correction in the market.
What does that mean? Apparently it’s a really good time to invest in diamonds! So make sure you’re out there buying diamonds before the price starts to creep back up!
Here’s what the Twitter world is saying:
— Davanam (@Davanam_Jewelry) July 23, 2015
But it’s not all doom and gloom for people currently invested in the market, as a De Beers executive is very hopeful about the future:
— Diamonds News (@Isdiam) August 11, 2015
De Beers’ Head Diamond Jewelry Designer
Hollie Bonneville Barden is the 29-year old designer behind the beautiful pieces of De Beers diamond jewelry you see. Making waves in the industry, Barden says her main purpose is to inject as much creativity into De Beers’ brand as she can.
When it comes to design inspiration, Ms. Bonneville Barden is drawn to the Art Deco period—particularly the way they were combining diamonds at the time. In her own designs, she tends to juxtapose round and baguette cuts.
Diamond jewelry is, of course, still being sported on red carpets and at other star-studded events. Adele is a regular De Beers wearer, and Kate Winslet wore them recently.“We normally lend out for the Oscars,” she said.But at the other end of the spectrum, she also sees people wearing their diamonds with jeans.“You can dress them up, dress them down,” she said. “I think the rules are becoming more flexible, which is really nice.”
A new addition to the collection, the Wonderous Sphere, is a striking three-dimensional design made with 691 yellow, green, pink, and brown diamonds set on eight concentric, rotating silver rings centered around a 17-carat yellow rough diamond.