The legendary collection of jewelry created by the even more legendary Hollywood diva Elizabeth Taylor has set a world record. The jewels were sold at the Christie's auction for a total sum of $116 million. Full story

A new collection presented by the Chopard jewelry brand opposes the luxury of precious stones, which people are fond of as adults, and the "toy" shape they take. Full story

There is no wonder why people say that in the times of any crisis the luxury sector is always the one "to survive". The Dior brand is not at all bothered by the difficult economic situation in the euro area, and it has released a novelty - a smartphone which costs 85,000 euro. Full story

What better way to add glitter to the eye than put in a diamond or two? That’s right, into the eye, as a recent concept originating in India has it. Since people got round to wearing diamonds on the teeth, the next place for them will be the eye, decided Dr. Chandrashekhar Chawan and came up with the concept of contact lenses that are as sparkly as they are luxurious. Full story

Daphne Guinness confessed her dislike for jewelry pieces worn around the neck or dangling from the wrist or the ear. To her mind those things should be denounced as trite and lacking a special magic charm. She makes her statement with a really unusual armor-like glove that she created in collaboration with jewelry designer Shaun Leane. Full story

Tiffany & Co has presented the World Champions golden ring with SF diamonds to commemorate San Francisco Giants, the 2010 U.S. Major League Baseball champion. Full story