Russia to continue buying diamonds through state fund in 2025
The Russian budget for 2025-2027 has set aside $1.55 billion for the purchase of precious metals and gems.
Christie’s sale of Important Jewels held in London Wednesday totaled $12.3 million, representing 92% sold by value. The top lot was the Rosebery pearl and diamond tiara, circa 1878, which sold for $1.9 million, near the lower end of the pre-auction estimate.
