''IT'S glamorous and pretentious, and billions of years old,'' says the co-director of jeweller Mondial Pink Diamond Atelier, Michael Neuman. ''Everything you want in a diamond.''
IT HAS become the catch-cry of the Cote d'Azur: ''Sacre bleu! Les Australiens!'' Around the luxurious villas and gleaming superyachts of the French Riviera, party planners, maids, chefs, caterers, waiters and butlers are in a tizz as they welcome one of the biggest influxes of Aussie silvertails to converge on the famous playground.
A diamond passed down through European royalty has fetched 9 million Swiss francs.
Mining giant Rio Tinto said it has unearthed a 'remarkable' 12.76 carat pink diamond in Australia, the largest of the rare and precious stones ever found in the resources-rich nation.
Menswear, the perennial poor relation of women's high fashion, stepped it up a notch last week, as New York runways reflected men's rising interest in fashion.
A 33.19-carat diamond ring given to Elizabeth Taylor by actor Richard Burton, whom she married twice, has sold for $8.84 million at an auction of gems, fabulous clothes, accessories and memorabilia amassed by the late actress.
Bling of beauty
The Sun-Drop Diamond of South Africa, a giant pear-shaped gem weighing 110.3 carats, has sold for 10 million Swiss francs ($A10.7 million) at auction, beating previous records for a jewel of its type.
Richard Burton set a record when he bought Elizabeth Taylor a ring for $305,000 in 1968. Now it is expected to fetch $3 million at auction.
A vivid yellow diamond weighing 32.7 carats is expected to fetch up to $US8 million when it is sold at auction in October, Christie's said.
YOU have to sift through an awful lot of rough to find a diamond like this.
Eight young Russians ordered 90 bottles of champagne during a long night at the Billionaire nightclub before vanishing.