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Blue Ivy, Beyoncé’s Daughter, Bids More Than $80,000 On Diamond Earrings

Blue Ivy Carter attended Saturday's 2022 Wearable Art Gala with parents Beyoncé and Jay-Z, where she attempted to spend big bucks on diamonds.

The 10-year-old raised her paddle for the evening's most expensive lot: a pair of sparkling Lorraine Schwartz earrings previously owned by Queen Bey and worn by her grandmother (and the event's co-founder), Tina Knowles. The baubles were about to be sold to another guest for $80,000, according to "Abbott Elementary" creator Quinta Brunson, when Blue stepped in. "She's so rich!" someone can be heard exclaiming in the video (presumably Brunson, who posted the footage on her Instagram Stories).

However, Blue was not the ultimate winner of the bling; Mielle Organics founder Monique Rodriguez took home the earrings after paying $105,000. At the gala, Blue wore a bright blue suit with black sunglasses, while her superstar mother, 41, looked "too classy for this world" in a star-studded Gucci gown with pink elbow-length gloves. Jay-Z, 52, was dressed to the nines in a black velvet tuxedo. Tina Knowles and husband Richard Lawson's WACO Theater Center was the beneficiary of the glitzy event in Santa Monica. Solange Knowles, Blue's aunt, also helped chair the glamorous gala, which had a "Harlem Nights" theme.

Mr. Kinney wants to achieve something similar to what happened when gold was financialized. When investors could buy and sell gold without having to transport bars of the precious metal, commodity funds and others made allocations that drove the price of the precious metal to new highs. To be sure, ETFs and new futures contracts fail all the time. And functioning markets in investment diamonds have remained elusive, despite investor interest peaking during periods of high inflation, such as now, when people are eager to stash away wealth. Purchasing diamonds is the simple part. The issue is selling them, which is what the famous De Beers advertising line about holding forever was supposed to discourage.

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Billionaire Laurence Graff paid a record-breaking $46.1 million for a magnificent vivid pink diamond weighing 24.78 carats. Originally owned by his competitor Harry Winston, it now carries graff’s name and is a part of the legendary collection of rare diamonds.

We usually advise brilliant round diamonds with a cut grade of very good, ideal, or super ideal for engagement rings (also known as hearts and arrows). A high cut grade maximises a diamond’s beauty for a given carat weight.

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It’s crucial to have a concept of what you might prefer before starting your search because it will enable you to focus on fewer of the many engagement ring possibilities that are now available. Also, when you initially start browsing, it helps to have a few distinct design concepts and the overall budget because the variety can be overwhelming.

Here are Engagement Ring Trends 2023:

1. Modern Art-Deco
2. Colored Stones
3. Lab-Grown Diamonds
4. East-West Settings
5. Multiple Large Stones

The traditional round diamond form, which is the most common, may come to mind when you think of diamonds. But if you want something different, a tonne of alternative forms may be found to suit your unique taste and style. Each diamond shape has its own fire and brilliance because they are cut to different standards, altering how they reflect light.

The most popular kinds of diamonds are listed below:

1. Round Brilliant Cut Diamonds
2. Princess-Cut Diamonds
3. Marquise-Cut Diamonds
4. Cushion-Cut Diamonds
5. Emerald-Cut Diamonds
6. Radiant-Cut Diamonds
7. Pear-Shaped Diamonds
8. Oval Diamonds
9. Asscher-Cut Diamonds