Diamond ring purchased for $13 as costume jewelry sells for $848K

(CNN)A diamond ring purchased for 10 ($13) has sold for 656,750 ($847,667) — roughly double its initial estimated value of 250,000 ($325,000) to 350,000 ($456,000) — at the Sotheby’s Fine Jewels auction in London last night. The startling realization of the ring’s true value came decades later, when the wearer chose to have the ring […]

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New traditions: Japan’s 700-year-old ‘oke’ craft gets a modern makeover

(CNN)It’s hard to imagine the humble bucket being a work of art, but those made by Shuji Nakagawa in his Kyoto studio go for thousands of dollars and have a loyal following. Smooth, tactile and fragrant with the heady smell of hinoki — the Japanese cypress they are constructed from — “ki-oke” are used for […]

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Antique oddities target new collectors

(CNN)A pair of mammoth-tusk Chukchi snow goggles, an allosaurus dinosaur skull and a self portrait fragment from the sculptor Jamie Salmon are some of the eccentric offerings going under the hammer at Sotheby’s Hong Kong Curiosity III auction at the Hong Kong Convention & Exhibition Centre on April 4. Now in its third incarnation, the […]

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Futuristic fragrance: New biotech unlocks scents that have never been sniffed

(CNN)Perfumery has always been an intricate science; much more effort goes into capturing a scent than those outside the industry might imagine. Over the last two decades, chemists have used innovative new technology to add an even larger array of scents to the perfumer’s palette, enabling them to create fragrances that have never been smelled […]

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