Word: carats
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Dates: during 1980-1989
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...gambling is complimentary: the 48-minute helicopter ride, the mauve suite, even the caviar. Never mind that just about everyone else in the casino is dressed for mowing the lawn, Wishnick slinks into an azure silk ensemble with a slit up the side, slips a new seven-carat ring on her finger, straps on a pair of silver slippers and sips champagne before setting off for a meal of lobster thermidor. Then it's "Woooooooooow. O.K., roll those babies! Come on! Numbers! Numbers! Numbers!" As Wishnick screams louder and starts to shake all over, the crowd begins chanting, "Eight! Eight...
...diamond earrings for the first Inaugural Ball. At retail, the combination would be worth about $480,000. "At times Mrs. Reagan has borrowed items," this source says. "She has worn on other occasions -- but not in America -- a pair of diamond earrings that are $800,000 with ten-carat drops...
...best friend, diamonds are becoming more dear. De Beers Consolidated Mines, which controls 80% of the diamond market, said last week it will raise prices for rough gemstones by 13.5%. All told, the company's average prices have risen 52% since 1982, bringing the price of a one-carat flawless diamond to more than...
...stakes are growing larger all the time. In the past two years strong consumer demand has helped push up world emerald prices by almost 30%. A polished, top-grade deep green stone weighing one carat now typically costs $5,000 on the retail market. Colombia exports an estimated $40 million worth of emeralds annually, but that does not account for all the gems that are illegally smuggled out of the country. Both the mining companies and the government lose millions of dollars in revenue because of the unauthorized activities of the guaqueros...
...self-possessed and cool. She dresses according to the Joan Collins Dynasty handbook, complete with diamonds and decolletage. With her, as with her husband, more is definitely more. Her idea of casual is to wear a one-inch ruby-and-diamond ring with matching ruby earrings. Her 40- carat diamond wedding ring covers the lower half of her ring finger. She asserts that size does not matter. "It's the sentiment that counts," she says in her accented English...