Asset Recovery: Price on De Beers Earrings Cut by 23 Million Tenge

De Beers earrings have dropped in price by 23 million tenge, reports Orda.kz.

Authorities are once again attempting to sell confiscated jewelry as part of the asset recovery process. According to the Asset Recovery and Management Company, repeat online auctions will be held on July 24 via the E-Qazyna platform.

A total of 56 lots are up for sale, including rare pieces from top global brands.

The most expensive item is a pair of De Beers earrings made of 750-grade white gold, each featuring a 6-carat diamond. In April, they were listed for 134.4 million tenge but failed to attract buyers.

The new starting price is now set at 110.6 million.

Other notable items include a Van Cleef & Arpels white gold necklace with diamonds totaling 16.92 carats, starting at 38.5 million tenge, and a FOPE yellow gold necklace featuring six pearls and 192 diamonds (3.5 carats), priced at 4.6 million tenge.

Organizers emphasize that participants can bid from anywhere in the world. The auction is online, all terms are publicly accessible, and the process is guaranteed to be transparent.

To participate, bidders must register, submit a deposit, and file their application before the deadline.

Earlier, Orda.kz reported that only a few pieces were sold during the April auction, totaling 5.4 million tenge. These included emerald earrings, an aquamarine ring, and a Cartier Love set.

Higher-end lots, such as the De Beers, FOPE, and Van Cleef & Arpels pieces, did not receive a single bid.

Original Author: Ruslan Loginov