Bidz, Kiran Jewels, AV Jewelry, Fairway Diamonds Win Bid for LID Inventory

The Bankruptcy Court for the Southern District of New York approved the sale of LID Ltd.’s diamond and jewelry inventory, which was estimated at almost $69 million. Bidding for goods, which consisted of loose diamonds and jewelry, was called "spirited" yesterday. The bidding on the three lots offered consisted of $26.169 million worth of loose diamonds, and $42.798 million worth of manufactured jewelry. The bid concluded with an aggregate bid of $32.85 million.

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Posted by Posted by Jewelry News at Friday, May 16, 2008 9:00 AM
Categories: AV Jewelry, Kiran Jewels, BIDZ, Fairway Diamonds
 

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