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Latest News & Stories

Used Luxury Watches Prices Fall 6.7% in November

Prices of used Rolex, Patek Philippe, Audemars Piguet and other luxury watches are sliding. They were down 6.7 per cent in November according to the Subdial50 Index, which tracks prices for the 50 most... Read More..

Jewelry Store Founded in 1794 to Close Doors for Last Time

One of Britain's oldest jewelry stores is to finally cease trading, after almost 230 years. Martin Wilkinson Jewellers, in Mansfield, Nottinghamshire, (pictured) will close when owner Andrew Campin... Read More..

Miners in Zimbabwe Now Paying Half Royalties in Diamonds

Diamond miners in Zimbabwe are now paying half their royalties to the government in rough stones, 40 per cent in local currency and 10 per cent in foreign currency. Finance Minister Mthuli Ncube ... Read More..

Prison Conman Steals Forevermark Diamonds

The FBI has recovered $1m of Forevermark diamonds that were stolen by notorious conman James Sabatino - from his prison cell. Sabatino, 46, serving a 20-year term in Miami, USA, posed ... Read More..

Watchmaster Files for Insolvency after $10m Raid

Watchmaster, the online retailer that had $10m of luxury watches stolen from a vault in Berlin, yesterday filed for insolvency. The company says it's appointed an insolvency administrator to ... Read More..

IDEX Price Report for 1 December: Rounds Down Yet Again, Some Rises Among Fancies

Rounds fell yet again during November as the recession showed no sign of easing. Consumers turned to cheaper goods, pushing up some fancy prices. The decline that began in March continued... Read More..