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Fancy-pink diamond estimated at up to $2 million, while blue has $1.8 million upper price.
Edward St. Mary III is charged with one count of wire fraud, carrying a maximum sentence of 20 years in prison.
Piece carries an estimate of up to $268,000.
Jewelers of America (JA) chief financial officer will succeed Terry Chandler in role.
A pair of pearl and diamond earrings fetches more than 23 times expected price.
She led the department from 2009 to 2014.
Sara Yood, Raja Shah and Mélanie Matthes join organization.
Institute will now sort submissions into five separate classifications.
Miner sells 1.5 million carats, accounting for 94% of lots.

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