Diamonds, Tesla, resale value and Tamara Mellon – News briefs

June 10, 2016

Hermès handbags

Today in luxury marketing:

The ungraspable value of the world's largest diamond
On a recent Saturday afternoon, visitors wandered through Sotheby’s, on the Upper East Side, to inspect articles featured in this season’s auctions. On the ground floor, they could inquire about a bottle of Château Mouton Rothschild 1945 from the wine cellar of the businessman William Koch. In the exhibition halls upstairs, a Mayan classical-period stucco head was on display, as were a collection of Signacs and two diminutive Francis Bacon self-portraits. And, on the sixth floor, in a small room outside the jewelry section, surrounded by images of the cosmos and encased in glass, a truly unusual object was rotating atop a velvet-covered pedestal: the Lesedi La Rona, the biggest diamond in the world. At eleven hundred and nine carats, the stone was about the size of a fist. Its skin was opaque in places, but certain angles offered brief, clear glimpses into the depths of the crystal: a tightly woven, perfectly symmetrical carbon lattice, says The New Yorker.

To read the entire article, please subscribe or

Share your thoughts. Click here

Diamonds, Tesla, resale value and Tamara Mellon – News briefs

CFDA bans fur from New York Fashion Week

The Macallan hosts exclusive residency at Rosewood Baha Mar

RH opens Detroit showroom

Versace announces exit of Dario Vitale as creative director

Alexander McQueen tests new creative signatures in spring/summer 2026 preview

Off the Cuff: A Q&A with The 1916 Company’s John Shmerler

Presenting bespoke models, Bentley tributes ‘Dutch Masters’

France welcomes first Case Loewe location

Ralph Lauren, Team USA reveal 2026 Winter Olympic uniforms

Guerlain Spa to launch aboard Orient Express Sailing Yacht