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'Jewelry' Global Week: A new 160ct rough diamond discovered at the Lulo mine in Angola; A lion's head gold ring that once belonged to Elvis Presley sold for $162,500

Sep 21, 2022

A new rough 160ct diamond has been discovered at the Lulo mine in Angola

Australian diamond miner Lucapa has announced the discovery of a new 160ct high-quality rough diamond at the Lulo mine in Angola, Africa, identified as Type IIaThis is the 6th largest rough diamond ever found in the Lulo mine and the 28th rough diamond to exceed 100ct.

Over the past two months, Lucapa's mining operations at the Lulo Mine have transitioned to the floodplains (Lezirias) and have cumulatively found more than 100 large-scale rough stones of 10.8 ct, including one gem-quality pollinated diamond weighing 170 ct and four large Type IIa diamond roughs, each weighing heavy 99ct88ct74ct and 66ct.

The Lulo mine, currently one of the world's most single-carat alluvial diamond mines, was developed by Lucapa in partnership with the Angolan government to produce Type IIa diamonds and has so far mined 28 rough diamonds over 100ct, the largest of which was the "4th" discovered in 2016 February Stone", weighing 404.2ct.

Pictured: 160ct rough diamond type IIa diamond

Pictured: 99ct, 81ct, 74ct, and 66ct from left to right, all Type IIa diamonds

Pictured: 170ct rough pink diamond, Type IIa diamond

Pictured: 404.2ct rough diamond "4th February Stone"


A lion's head gold ring that once belonged to Elvis Presley sold for $162,500

On August 27, GWS Los Angeles held a souvenir auction for American rock singer Elvis Presley and his agent Tom Parker, presenting nearly 200 items. The highest-priced jewelry piece was a lion's head gold ring, "Elvis: That's The Way it Is", which was hammered out for $162,500 (including commission).

In 1970, MGM Pictures produced the documentary Elvis: That's The Way it Is for Elvis: That's It, and on the eve of the shooting, Elvis commissioned by Beverly Hills jeweler to customize the ring of the same name and wear it in public in the documentary.

Elvis Presley is particularly fond of jewelry and watches made of gold, and this ring uses gold to create an embossed image of the lion's head - the mirror-polished face is bright and shiny, and the lion's mane outlined in gold carving naturally extends to the ring wall; The eyes are studded with tsavorite, and a red garnet is attached to the mouth to become the finishing touch, like a precious treasure guarded by a lion.

Also notable for this auction is a custom note ring worn during Elvis Presley's performance, with a pear-shaped blue gemstone at the center stone; A "TCB" gold necklace set with a total weight of 1 ct diamonds, sold for $150,000and a Corum yellow gold watch, the dial is made from a $20 gold coin from 1892 on the back of the watch and sold for nearly $270,000.

'Lot 6F'Elvis: That's The Way it Is gold ring
Realized price: $162,500
Set with 2 round-cut tsavorite and 1 round-cut red garnet, presented by Elvis Presley to his costume manager, Richard Davis.

『Log 17D』TCB gold pendant necklace
Realized price: $150,000
Set with a total weight of 1.00 ct round cut diamonds, presented by Elvis Presley to Ron Pietrafeso, a Denver police officer friend.

"Lot 10D" note ring
Realized price: $87,500
The center stone is a pear-cut blue gemstone embellished with a round cut diamond weighing 0.60 ct, presented by Elvis Presley to American actress Mindi Miller.

"Lot 25F" gold ring
Price realised: $56,250
Set with a square-cut onyx given by Elvis Presley to Elias Ghanem, Las Vegas' personal doctor.

"Lot 15" Corum watch in gold
Price realised: $26,875
The gold case, dial and case back were made from an American $20 gold coin from 1892 and presented by Elvis Presley to longtime manager Tom Parker.

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