Articles

The Queen's Brooch

The Queen's Brooch

6/11/2018

One of the things I like most about my job is that I never know what to expect when the phone rings. That was the case one day in December 2016 when I received a call from a colleague inquiring about Canadian sapphires. The Government of Canada had decided they would like to present the Queen of England with a Canadian sapphire brooch to celebrate her Sapphire Jubilee. They issued a Request for Quotation to…

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30 Day Money Back Guarantee

30 Day Money Back Guarantee

11/2/2019

Our goal is to exceed your expectations and ensure you are happy with your gemstone purchases from us. Happy customers are repeat customers and our best advertisers!

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6 Lab-Grown Diamond Companies Sued Over Patents

6 Lab-Grown Diamond Companies Sued Over Patents

1/14/2020

The Carnegie Institution of Washington and M7D Corp.—the legal name of WD Lab Grown Diamonds—sued six created-diamond companies for allegedly violating Carnegie’s patents for growing and enhancing diamonds with the chemical vapor deposition method.

The suits target three pairs of related lab-grown diamond companies: Pure Grown Diamonds, based in New York City, and IIa Technologies, based in Singapore; Fenix Diamonds, based in New York City, and Mahendra Brothers, based in India; and ALTR Inc. and…

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Lab-Grown Diamond Price List

Lab-Grown Diamond Price List

1/4/2020

The LGD Exchange and GemGuide have released their latest Lab-Grown Diamond Price Index. As expected, prices are down in all categories. This is an important industry metric and it is admirable that LGD Exchange and GemGuide have taken it upon themselves to offer this information free to our industry.

To see the most current price list click HERE

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Signet Now Selling Lab-Created Diamonds at All U.S. Stores

Signet Now Selling Lab-Created Diamonds at All U.S. Stores

12/30/2019

Signet Now Selling Lab-Created Diamonds at All U.S. Stores

Signet Jewelers is increasing its embrace of lab-grown diamonds and is selling them at all its major U.S. jewelry banners.

Spokesperson David Bouffard told JCK that “lab-created diamonds are available in both fashion and bridal jewelry at James Allen, Kay, Zales, and Jared stores, as well as their e-commerce sites.” (The only U.S. Signet banner that doesn’t seem to be carrying them is Piercing Pagoda.)

For…

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The Secret Story of the Hope Diamond

The Secret Story of the Hope Diamond

12/19/2019

As ever more prestigious clients rolled into his New York boutique at the turn of the 20th Century, Pierre Cartier [grandson of Louis-Francois Cartier, founder of the eponymous jewelry brand] was insistent that the firm remain true to its original aim: “We must never lose our current reputation; in other words, we must sell only large jewels.”

It was with this in mind that, in 1910, he invested in a gemstone so large and important…

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Cutting Edge Jewelry Designs

Cutting Edge Jewelry Designs

12/19/2019

The 2020 edition of the JCK Jewelry Awards have released a digital flip book filled with interesting cutting edge jewelry. Click on Full Screen and enjoy the designs by clicking HERE

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De Beers’ Sales Drop 26%

De Beers’ Sales Drop 26%

12/18/2019

De Beers Group parent company Anglo American Plc said the diamond miner’s sales fell 26 percent this year amid “challenging market conditions,” and it’s lowering its sights on production in the near future.

In an update for investors and analysts released last week, the London-based company said De Beers is expected to mine approximately 31 million carats of diamonds in 2019, down 11 percent from 35 million last year.

Prices on a full-year basis have dropped about…

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Burmese Ruby Sells for $9 Million

Burmese Ruby Sells for $9 Million

12/15/2019

Christie’s Dec. 11 Magnificent Jewels sale saw “The duPont Ruby” brooch smash its pre-sale estimate.

Estimated to fetch between $3.5 and $5.5 million, the unheated 11.20-carat Burmese ruby, emerald, diamond and pearl brooch ultimately went for nearly $9 million.

For auction highlights, click on the National Jeweler article HERE

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Pantone’s 2020 Color of the Year Is … Classic Blue

Pantone’s 2020 Color of the Year Is … Classic Blue

12/6/2019

Calling all sapphire lovers - Pantone has announced its color of the year for 2020.

Classic Blue, reminiscent of the sky at dusk, marks the start of a new decade.

In a statement Pantone called the color reassuring, dependable and stable, symbolizing the qualities necessary for building a solid foundation in the 2020s.

“We are living in a time that requires trust and faith,” Pantone Color Institute Executive Director Leatrice Eiseman said. “It is this kind of constancy…

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Done Deal! LMVH Buys Tiffany for $16.2 Billion

Done Deal! LMVH Buys Tiffany for $16.2 Billion

11/27/2019

In what some are describing as the biggest deal ever in the luxury goods segment, LVMH Moët Hennessy Louis Vuitton scooped up Tiffany & Co. over the weekend in a deal valued at $16.2 billion, the luxury titan announced Monday.

The acquisition brings the American jeweler under LVMH’s umbrella, adding to a stable of high-powered brands that already includes Bulgari, TAG Heuer and Hublot.

For full details on the deal, check out JCK's article HERE and…

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Oh No! 1 Karat Gold Jewelry is Here

Oh No! 1 Karat Gold Jewelry is Here

11/23/2019

Following the Federal Trade Commission’s decision last year to remove the traditional thresholds on what can be described as gold, a new line has been introduced based on 1kt gold jewelry.

Gold One Jewelry is now being sold on QVC and at Daniel’s Jewelers, and will be soon be sold at Macy’s, Kohl’s, and Boscov’s, according to its creator, Long Island City, N.Y.–based Select Jewelry.

The jewelry was created using a new patent-pending gold alloy.…

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How Brick-and-Mortar Stores Regained Their Cool

How Brick-and-Mortar Stores Regained Their Cool

11/9/2019

Overall, social media marketing costs have increased fourfold over the past few years, according to Justin Hughes, chief product officer of M.M. LaFleur. For many D2C brands “[the cost of acquiring a customer] has reached a point where it’s outpacing customer lifetime value,”  writes Taylor Peterson on MarketingLand. “That means the total amount a customer spends with a brand is less than the cost it took to acquire them.”

So now some digital brands are…

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The Average Amount Spent on an Engagement Ring Is …

The Average Amount Spent on an Engagement Ring Is …

11/8/2019

Couples are spending about 7 to 9 percent less on their engagement rings than they did two years ago, data collected from multiple sources shows.

According to The Knot’s 2019 Jewelry & Engagement Study released last week, the national average spend on an engagement ring in the United States stands at $5,900.

The figures released by The Knot in its report—which comes out every two years and is the company’s deep-dive into engagements and the jewelry…

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The Diamond Revolution

The Diamond Revolution

11/2/2019

Imagine the following: A diamond-mining company operating with self-driving trucks loads its haul of ore to the processing plant, where rough diamonds are separated from waste and arranged in their rough forms into different sizes before being sent for further aggregation. The goods are fed into machines that determine their color and clarity potential while also assessing where the stone fits best amid the many assortment options. The diamonds are then run through the company’s…

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LVMH Bids $14.5 Billion for Tiffany

LVMH Bids $14.5 Billion for Tiffany

10/28/2019

A story in the Financial Times yesterday said that LVMH has made a $14.5 billion offer to purchase the retailer. According to the report, which quoted “people familiar with the matter,” its board is still evaluating the proposal, but it expects to reject it as it feels it undervalues the company.

The offer, made earlier this month, equaled around $120 a share, the newspaper said, a 30% premium to its then-share price of $90. Since…

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Who Will Buy a Used Lab-Grown Diamond?

Who Will Buy a Used Lab-Grown Diamond?

10/26/2019

Although there is a thriving secondary market for buying natural mined diamonds, the same cannot be said for lab-grown diamonds. With technology making them cheaper every year, no on wants to get stuck with a depreciating asset. JCK has published an interesting article on large retailers and lab-grown company's buyback policy. You can read the article HERE

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Lab-Grown Diamonds Get Eco Check-up

Lab-Grown Diamonds Get Eco Check-up

10/14/2019

Six lab-grown diamond companies and retailers have signed up for a pilot program that will audit their environmental, social, and governance performance against preset criteria.

If they pass, their diamonds will be certified by SCS Global Services as sustainably grown, though it’s possible that label will change.

Only individual diamonds will bear the certification, after they have been tracked and traced from grower to the retailer. So, for example, it’s possible a ring’s center stone…

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Lightbox Starts Selling Lab-Grown Diamonds at Brick-and-Mortar Stores

Lightbox Starts Selling Lab-Grown Diamonds at Brick-and-Mortar Stores

10/11/2019

Lightbox, De Beers’ lab-grown diamond brand, is selling its lab-grown diamonds for the first time at brick-and-mortar stores.

The brand’s long-awaited first retail trial will start Oct. 21 at Bloomingdale’s stores in New York City and San Francisco, as well as 30 Reeds Jewelers stores, primarily in the Southeast.

Up until now, the diamonds, which are available in blue, pink, and white, in 1 ct. sizes and under, were sold only on the brand’s website.…

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Amazon Introduces Alexa-Enabled Smart Ring

Amazon Introduces Alexa-Enabled Smart Ring

10/5/2019

“Alexa, why am I talking to my finger?”

Amazon is releasing Echo Loop (pictured), a smart ring that lets users access its Alexa voice-control service.

The ring has a black titanium outer shell and a stainless steel inner shell. For now, it is being offered by invitation only for $129.99, though the price will eventually increase to $179.99. Amazon is selling the ring in small, medium, large, and extra large sizes; users will first be…

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Newest Jewelry Trends for the Holiday Shopping Season

Newest Jewelry Trends for the Holiday Shopping Season

9/26/2019

Stocking up for the busiest time of the year—the winter holidays—retail jewelers have their tried-and-true fine jewelry staples ready to go: the diamond studs, the simple pendant, the stacking rings.


But where to direct design-conscious consumers buying something for themselves, or the gift-giving spouse who has exhausted the jewelry staples over the years?

National Jeweler has rounded up three trends that are fashion-forward and trending but totally timeless. Click HERE.

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Amazon Gets Beat at its Own Game

Amazon Gets Beat at its Own Game

9/26/2019

Amazon has changed the retail landscape over the past 25 years, but now the industry it disrupted is beating the company at its own game. Ron Johnson, former CEO of JCPenney says that the company’s lack of physical locations is putting it at a disadvantage.

Amazon’s push for one-day shipping may not be enough to compete with the big brick-and-mortar retailers.

“Target and Walmart’s online sales are growing three times faster than Amazon’s in the…

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5 Things To Know About the ‘New’ Pandora

5 Things To Know About the ‘New’ Pandora

9/26/2019

Pandora kicked off its brand relaunch with an event in Los Angeles, giving 400 guests a glance at its new look, including its revamped stores and new collections.

The star-studded guest list included celebrities like singer Charlie XCX and actress Victoria Justice as well as a medley of Instagram influencers.

VIP guests tried on pieces from the brand’s new collections, posing in clouds of pale pink smoke—the brand’s new signature color— in front of graffiti and wall…

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Why “the middle” of Retail is Dying

Why “the middle” of Retail is Dying

9/26/2019

It finally seems that most people have caught up to the fact that reports of retail’s death are greatly exaggerated. There is no retail apocalypse. Software is not eating retail. Brick-and-mortar stores are not going away. Traditional retailers are not all doomed. 

With few exceptions, retailers that execute well at either end of the value spectrum are doing pretty well. Those that are weak on price and convenience or, alternatively, fail to deliver a memorable…

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Update on Montana Sapphires

Update on Montana Sapphires

9/26/2019

A little over two years ago, a retailer acquired the Vortex Yogo sapphire mine near Lewistown, Montana, with plans to restart production and bring more of its intense blue stones to market. JCK has been following developments at the mine and recently interviewed the mine owners for the latest news. You can read the interview HERE.

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Hong Kong Show Sees Low Turnout

Hong Kong Show Sees Low Turnout

9/25/2019

Buying at the September Hong Kong Jewellery & Gem Fair, which closed on Sept. 22 following a six-day run, was resilient despite a weak turnout, owing to ongoing pro-democracy demonstrations that have paralyzed the city’s retail sector.

“The protests in Hong Kong are not the only factor,” said David Bondi, senior vice president, Asia at Informa Markets, the show organizer. “The uncertainty in the global market is also affecting us.”

For more details about how…

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It's Official - 15% Tariff on Chinese Jewellery Now in Effect

It's Official - 15% Tariff on Chinese Jewellery Now in Effect

9/1/2019

The United States has slapped an additional 15% duty on almost all jewellery produced by China. The items include diamonds, gemstones, synthetic gemstones, as well as gold and other types of precious metal jewellery.

Tariffs on other consumer goods have been delayed until December 15th to minimize the effect on the Christmas sales season. With a large percentage of jewellery sales coming during the holiday season, one has to wonder why jewellery is not on…

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Pandora Moves to Buyback Jewellery From Retailers

Pandora Moves to Buyback Jewellery From Retailers

9/1/2019

Pandora has taken the extraordinary step of ‘buying back’ its jewellery from retailers a few weeks ahead of an international ‘brand relaunch’ event in Los Angeles.

The Danish company has set a worldwide budget to clear retail stock levels of poor performing and unsaleable product ranges.

For more details, click HERE

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De Beers’ Diamond Sales Drop 44%

De Beers’ Diamond Sales Drop 44%

8/29/2019

Rough diamond sales were down 44 percent in the latest sales cycle for De Beers Group, as the company continued to allow customers to put off purchases.

The company said Wednesday that sightholder and auction sales totaled $280 million in the seventh sales cycle of the year, compared with $503 million in the same period last year. 

The 44 percent drop comes on the heels of a 53 percent decline in the sixth sales cycle and…

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Hong Kong Jewelry Show to Proceed Despite Concerns

AGTA Spectrum Award Winners

AGTA Spectrum Award Winners

8/27/2019

The American Gem Trade Association announced the winners of the prestigious 2019 AGTA Spectrum Awards™. The competition was held in New York on August 3rd and 4th and is regarded as the world’s prominent colored gemstone and cultured pearl design competition.

For gorgeous photos of the winners, click here https://agta.org/agta-announces-the-2019-agta-spectrum-awards-winners/

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August on Sale

August on Sale

8/9/2019

It's summer and Peridot's delightful green shimmers and sparkles in this large, well-cut gem! Large clean Peridot are becoming more expensive and difficult to find.

Until August 31st, 2019, all Peridot is 25% off. Use coupon code PERIDOT at checkout.

Gem: Peridot

Size: 10x8mm

Shape: Radiant cut

Weight: 3.87 carats.

Price: Regularly $267. For the month of August, on sale for $199.

Comments: Only one piece in stock, so grab it today with free shipping!…

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A GIA Gemological Expedition to Ethiopia

A GIA Gemological Expedition to Ethiopia

8/10/2019

Ethiopia burst onto the gem scene several years ago with the discovery of high-quality opal. Then a source of deeply saturated emerald was found. And in February, 2017, word reached the gem world that blue sapphire deposits had been discovered.

With all of this new material reaching the market, GIA collaborated with the Ethiopian Ministry of Mines, Petroleum and Natural Gas in Addis Ababa to set up an expedition to the sapphire, opal, and emerald…

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Lightbox Is Shipping Its Lab-Grown Diamonds to Canada

Lightbox Is Shipping Its Lab-Grown Diamonds to Canada

8/10/2019

Lightbox, the lab-grown diamond brand launched by De Beers last year, is headed north.

The company said it will now sell and ship to Canadians, marking the first time Lightbox has been sold outside the United States.

It said the move was “a direct response to requests from Canadian customers who have expressed an interest in Lightbox since the company launched e-commerce last September.”

For more details at National Jeweler, including an inside view of…

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Ear Cuffs Enter the Realm of High Jewellery

Ear Cuffs Enter the Realm of High Jewellery

8/10/2019

Having successfully transitioned from niche trend to major jewel, the latest high jewellery ear cuffs are guaranteed to steal the show on the red carpet.

A proliferation of high jewellery ear cuffs is not top of the list of jewels you might expect to see during Couture Week in Paris, but this July, tradition was turned on its head as the classical aesthetic that has driven the design of “heirloom” high jewellery for so long…

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De Beers’ Diamond Sales Drop 53%

De Beers’ Diamond Sales Drop 53%

8/10/2019

De Beers Group recorded another precipitous drop in rough diamond sales as suppliers and manufacturers put off rough purchases.

The diamond miner and marketer said Tuesday that sales to sightholders and auction customers totaled $250 million in its most recent sales cycle, its sixth of the year. That’s less than half what it sold in the same period last year, $533 million.

De Beers CEO Bruce Cleaver said it allowed customers to defer some of…

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Pandora Plans Brand Relaunch in August

Pandora Plans Brand Relaunch in August

8/10/2019

Pandora will kick off its brand relaunch on Aug. 28 with an event in Los Angeles, the company announced Wednesday.

Around 400 guests will attend to take a first look at the brand’s revamped store layout and aesthetic, which the company said focuses on “discovery and collectability.”

Pandora will also unveil new products, including its autumn 2019 collection, during the event. The company said it plans to launch design collaborations with global franchises, and partner…

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De Beers’ Blockchain Platform Aims to Track Every Diamond

De Beers’ Blockchain Platform Aims to Track Every Diamond

7/1/2019

Tracr, the blockchain platform originally launched by De Beers, aims one day to track almost every natural diamond from the mine to the retail counter, chief executive officer Jim Duffy told JCK at an interview during JCK Las Vegas.

He says Tracr’s intention is to “not break the industry” but to integrate with systems already in place.

“The manufacturers are taking these scans already,” he says. “We’re not asking them to do additional steps. It’s…

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Diamond Sales Down 33% in De Beers’ Latest Cycle

Diamond Sales Down 33% in De Beers’ Latest Cycle

7/1/2019

De Beers sold $390 million in rough diamonds in its latest sales cycle, a 33 percent decline.

In a news release, CEO Bruce Cleaver blamed the double-digit drop on a “more challenging” retail environment in China and oversupply in the midstream while noting that demand in the United States remains “solid.”

But industry analyst Edahn Golan tweeted Tuesday that the decline in demand for diamonds was “global.”

De Beers’ most recent sales cycle was its…

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Massive Emerald Crystal Found in Russia

Massive Emerald Crystal Found in Russia

7/1/2019

An emerald weighing some 1.6 kg, the largest to be found in nearly 30 years, has been unearthed at Europe’s largest emerald-beryllium ore field, located in Russia. The rare crystal, which boasts both a unique form and size, was mined at a depth of 260-meters, Russia’s state hi-tech corporation Rostec, which owns the facility at Malyshevsky, announced in a press release about the discovery.

Last year a smaller 1.5 kg stone was found at the…

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Canada Has the Right Ingredients for Ultra-Rare Gemstone

Canada Has the Right Ingredients for Ultra-Rare Gemstone

4/13/2019

Baffin Island holds some of its treasures in plain sight with rocks that produce rare gems sitting exposed to the elements, scientists say.

A new study from the University of British Columbia shows the area is home to a mineral that is prized by jewellers and collectors.

Study co-author Philippe Belley said in an interview that cobalt-blue spinel, "which is a ridiculously rare gemstone" gets a lot of interest from gemologists and jewellers but there's…

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Watermelon tourmaline anyone?

Watermelon tourmaline anyone?

4/2/2019

I was recently commissioned to hunt for a fine quality faceted emerald-cut watermelon tourmaline. I anticipated this would be an easy hunt and was surprised when my usual sources had almost no supply.

It took a bit of digging and what I discovered was intriguing. Apparently, rubellite tourmaline demand is so high in China that they are grinding down the outer layers from watermelon tourmaline rough and only faceting the red core!

As a gem…

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