July/August 2009
Volume 22• No. 4
TABLE OF CONTENTS

ON THE COVER:
A spectrum of fancy colored diamonds.
Photos courtesy of Aurora Gems.

contents
Editorial: Making the Grade, Failing the Test To re-cut or not to re-cut. That is the question facing Laurence Graff, the new owner of the historic Wittelsbach diamond. Our answer: leave bad enough alone.	4
Ones-of-a-Kind: Saucy Aussie Hues If you want ultra-rare violet diamonds, Australia’s Argyle Mine is the only known source. But with just 10 years production left, this is an endangered species.	7
What’s In: Champagne Cocktail When life gives you lemons, make lemonade. And when life gives you brown diamonds, make champagne. That’s what Argyle Diamonds did: created a thirst for brown.	10
Fancy These: Inside the Diamond Color Rainbow For years, the world rhapsodized colorless diamonds. Now it’s singing rhapsodies in blue, green, yellow, purple, pink — and every other color of the rainbow. In our latest photo atlas, we take a full scan of the fancy color diamond spectrum.	14
Designer 911: Rough & Refined A growing number of jewelry designers eschew run-of-the-mill polished diamonds for run-of-mine rough ones. Many think Todd Reed is to thank or blame for this.	24
Techni-Colors Want to own a colorful, rather than a colorless diamond, but think they’re out of your reach? Think again. Modern technology brings colored diamond prices down to earth.	30
Singing the Blues With blue diamonds fetching record prices, we take a look at history’s most spectacular and well-known best of this breed.	36
How to Contact Us	42
online features
AGL Under New Ownership with Chris Smith The AGL brand will live on — this time under the leadership of Chris Smith.
Gold Fever: How to Make a Killing Without Killing Your Conscience When times are tough and people need money fast, all that glitters is gold.
advertising sections
Classifieds	72
Advertiser Index	74