This expansion follows the initial viewing event scheduled for March 17-19, 2025, at the DMCC’s Almas Tower in Dubai, UAE. The auction results will be revealed on March 27, 2025.
The exhibition will showcase an exclusive collection of high-value sapphires, including blue, pink, Padparadscha, and yellow varieties sourced from renowned locations such as Kashmir, Madagascar, Burma, and Sri Lanka. These gemstones, known for their exceptional quality and rarity, will be available for private viewing at both locations by invitation only.
As part of its commitment to transparency, Jemora Gemhouse has integrated its high-end sapphires into the Provenance Proof Blockchain platform. This decentralized digital ledger enables owners to trace the journey of their gemstones from auction to final jewellery, ensuring authenticity and accountability within the gemstone market.
The expansion of the viewing locations reflects the strong demand from collectors, jewellers, and industry professionals eager to experience Jemora Gemhouse’s premier selection of sapphires. The inclusion of blockchain technology further reinforces the company’s dedication to innovation and trust in the gemstone trade.
Dev Shetty, Jemora Gemhouse’s Founder and CEO, says, “We were thrilled by the excitement following the announcement of our inaugural auction in March. The market’s overwhelming response has led us to add New York, in addition to Dubai, as a venue for viewing our rare and high-value polished sapphires. This expansion allows collectors, trade partners, and jewellers to experience our top-quality gemstones firsthand. Additionally, we are excited to partner with the Provenance Proof Blockchain. This collaboration will enhance transparency and accountability throughout the gemstone supply chain when the sapphires arrive at our auction house.”
Key Highlights for Inaugural Auction
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Inaugural Sapphire Auction: The auction catalogue will feature over 25 pieces of exceptional high-value, rare sapphires, including blue, pink, Padparadscha, and yellow sapphires.
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March 2025, Auction Dates: Viewing will run from March 17- 19, 2025, at the Dubai Diamond Exchange (DDE) in the DMCC’s Almas Tower, Dubai, UAE, March 24-26, 2025, in New York, NY. The auction results will be announced on March 27, 2025.
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Buyers – by invitation only: Interested buyers can apply to participate through www.Jgemhouse.com/events.Following the application, participants will be contacted directly to discuss participation. Each invitee will undergo a thorough KYC process, ensuring that all participants meet Jemora Gemhouse’s participation criteria
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Bidding Platform: Buyers will bid on a closed-bid online auction platform. To ensure their privacy, the winning bidders’ names and the prices paid will not be publicly announced unless they authorise it.
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Grading Reports: Every gemstone is accompanied by grading reports from leading gemological laboratories, including AGL, GRS, SSEF and Gübelin, ensuring authenticity and quality.
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Provenance Proof Blockchain: The Provenance Proof will guarantee complete traceability and verifiability of each gemstone sold through the auction house. By utilising its secure blockchain technology, Provenance Proof will bolster the confidence of both buyers and sellers in the authenticity, origin, and integrity of every gemstone.
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Strict no photography policy: Photos and videos of Sapphires are strictly prohibited before and during the event to preserve the exclusivity and rarity of the collections.