Tue. Apr 29th, 2025
Lab-Grown Diamond ‘Dream’ Necklace Sells for 2K at Charity Public sale
New York—On the present prestigious Ormeley Dinner, a conservation-focused fundraiser in London, a lab-grown diamond necklace of virtually 75 carats provided for $122,000.

It was the perfect grossing merchandise of the evening.

The “Dream” necklace, seen on the prime of the article, was created by lab-grown diamond jewelry mannequin Smiling Rocks and choices 54 lab-grown diamonds totaling 74.65 carats, set in 18-karat white gold.

Smiling Rocks lab-grown haute couture Dream necklace

Gigi Hadid wore Smiling Rocks’ “Dream” necklace on the 2023 Met Gala, as seen above. “Schitt’s Creek” star Catherine O’Hara wore it to the 2024 Oscars whereas singer Camila Cabello donned it for the Oscars pre-party.

The necklace’s entire sale worth, $122,000, works out to about $1,634 per carat, above the current per-carat frequent for lab-grown diamonds. 

According to commerce analyst Edahn Golan, the frequent retail worth of a 1-carat lab-grown diamond in June of this yr was $1,059, 80 p.c lower than the value of a pure diamond of the similar dimension.  

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The fundraiser happened June 13 on the Lindley Hall, The Royal Horticultural Halls, and was attended by His Excellency Ian Khama, former President of Botswana; comedian Sir Lenny Henry; and singer-songwriter Ellie Goulding, amongst completely different high-profile folks.

It was hosted by, and in assist of, animal conservation charity The Aspinall Foundation, along with Space for Giants, a world conservation charity focused on defending Africa’s remaining pure ecosystems and the wildlife they comprise. 

Smiling Rocks started supporting Space for Giants in 2020 and collectively, they’ve constructed fences to chop again human-elephant battle and supported the group’s “Stop the Illegal Wildlife” advertising and marketing marketing campaign.  

The lab-grown diamond mannequin is “joyful to work with an distinctive charity group that delivers hands-on have an effect on the place it is needed most, supporting and preserving our planet and native communities,” it acknowledged. 

The charities raised £1.6 million, or $2 million, on the dinner. They’re saying will go in direction of defending African habitats and restoring the planet and its species.   

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