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Last updateTue, 24 May 2016 9pm
Drive-through jewelry store?

Drive-through jewelry store?

With no serious injuries and a great attitude, own...

JA fights for jewelers on Capitol Hill

JA fights for jewelers on Capitol Hill

Association continues to promote industry policy p...

Russell Mefford - Jeweler by day, Southern Rocker by night

Russell Mefford - Jeweler by day, Southern Rocker by night

If you’re a Southern rock fan you know the differe...

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Lafonn celebrates 5 Years at JCK with Anniversary Collection & Gold MacBook giveaway

Lafonn celebrates 5 Years at JCK with Anniversary Collection & Gold MacBook giveaway

(CYPRESS, Calif.) - Lafonn, the brand known for luxury within reach, will celebrate its 5th Anniversary at JCK with a Gold MacBook Giveaway to one luck retailer and an Anniversary Collection.

To enter to win, retailers must complete an entry form (whil...

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Industry Events

Top 5 Reasons to attend JCK Las Vegas

Top 5 Reasons to attend JCK Las Vegas

(NORWALK, Conn.) - The countdown to Las Vegas Jewelry Week has begun. With 2 weeks left until show time, JCK Las Vegas has announced some attributes, features, and amenities that indicate both their readiness and allure. Here are the Top 5 Reasons not...

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On The Move

PhotoScribe jewelry inscription service now operating exclusively from IGI

(NEW YORK) - The International Gemological Institute (IGI) – creators of diamond laser inscription, Laserscribe - has announced that jewelry inscription service, PhotoScribe, will operate solely from the Institute’s New York laboratory.

PhotoScribe las...

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What's New

Michou Jewelry announces marriage of two popular collections

Michou Jewelry announces marriage of two popular collections

When Michou Jewelry founder Michele Sonner thinks back, the seeds of a relationship began over a decade ago, when Michou unveiled the first pieces in its One-of-a-Kind collection.

Michou Jewelry has always been a gem-focused line, thanks to Sonner’s e...

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Featured Articles

Retailer Roundtable: What was your best store promotion?

Retailer Roundtable: What was your best store promotion?

Q: What was your best store promotion?

“For a number of years we’ve held a VIP event and an 11-Hour Sale usually scheduled after Thanksgiving Day and before early December. The VIP event is like a customer appreciation event in that we cater to our to...

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Latest News

Lafonn celebrates 5 Years at JCK with Anniversary Collection & Gold MacBook giveaway

4 DAYS AGO
Lafonn celebrates 5 Years at JCK with Anniversary Collection & Gold MacBook giveaway

(CYPRESS, Calif.) - Lafonn, the brand known for luxury within reach, will celebrate its 5th Anniversary at JCK with a Gold MacBook Giveaway to one luck retailer and an Anniversary Collection.

To enter to win, retailers must complete an entry form (while supplies last) at Lafonn’s JCK booth #B19179 bet...

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JA offering Certification exams at JCK Las Vegas

4 DAYS AGO

(NEW YORK) - Jewelers of America (JA), the national trade association for businesses serving the fine jewelry marketplace, is offering its renowned Sales and Management Professional Certification exams at the JCK Show. In 2015, the number of jewelry professionals who completed JA Professional Certifi...

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Top 5 Reasons to attend JCK Las Vegas

11 DAYS AGO
Top 5 Reasons to attend JCK Las Vegas

(NORWALK, Conn.) - The countdown to Las Vegas Jewelry Week has begun. With 2 weeks left until show time, JCK Las Vegas has announced some attributes, features, and amenities that indicate both their readiness and allure. Here are the Top 5 Reasons not to miss JCK Las Vegas 2016 (Friday, June 3 - Mond...

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GIA announces dates for New York Jewelry Career Fair

18 DAYS AGO
GIA announces dates for New York Jewelry Career Fair

GIA’s Jewelry Career Fair will return to New York City on Monday, July 25, 2016. Dozens of gem and jewelry companies will be looking to hire skilled and motivated professionals at every career stage. The free event is expected to draw crowds similar to last year’s event in New York, which attracted ...

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PhotoScribe jewelry inscription service now operating exclusively from IGI

4 DAYS AGO

(NEW YORK) - The International Gemological Institute (IGI) – creators of diamond laser inscription, Laserscribe - has announced that jewelry inscription service, PhotoScribe, will operate solely from the Institute’s New York laboratory.

PhotoScribe laser inscription service specializes in laser engrav...

Readmore

Rio Grande announces winners of 16th annual Saul Bell Design Award

4 DAYS AGO
Rio Grande announces winners of 16th annual Saul Bell Design Award

At a celebration dinner held May 15 during the Santa Fe Symposium® in Albuquerque, NM, Rio Grande announced the winners of the 16th annual Saul Bell Design Award competition. Through rigorous judging, a panel of judges chose first- and second-place winners in each of six competitive categories, as w...

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Michou Jewelry announces marriage of two popular collections

4 DAYS AGO
Michou Jewelry announces marriage of two popular collections

When Michou Jewelry founder Michele Sonner thinks back, the seeds of a relationship began over a decade ago, when Michou unveiled the first pieces in its One-of-a-Kind collection.

Michou Jewelry has always been a gem-focused line, thanks to Sonner’s early training as a gemologist, which instilled a d...

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Dazzling Paws Jewelry debuts new Spring Collection

4 DAYS AGO
Dazzling Paws Jewelry debuts new Spring Collection

(PLOVER, Wis.) - Dazzling Paws Jewelry has announced a large expansion of their original dog themed sterling silver jewelry collection. The new product line debuts a grand assortment of styles ready for spring.

Myra Westphal, company President, created these pieces with the sunny seasons in mind. “Our...

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Analyzing the aftermath - the JADE Act

Embargo on gemstones originating from Myanmar, formerly Burma is nothing new. But the backlash, and divisive commentary in the wake of the latest officially implemented ban is bound to polarize many members within the gem trade. And oddly enough, all those voices have a point - and a valid one.

Aimed at penalizing the Burmese ruling junta through embargo, the US government had banned products coming from Burma since 2003. However the broad language of that earlier sanction permitted the importation of Burmese-origin gems that were cut or polished elsewhere. On July 30, 2008 President George Bush signed into law the Tom Lantos Block Burmese JADE Act, restricting the import of precious Burmese gems and stones.

Some observers claim the previous sanctions had a loophole. Others argue it was no loophole - that the earlier ban simply expressed a different set of parameters for gemstone importation. So, unlike the former embargo, the JADE Act ban now clearly states that Burmese-origin jadeite and ruby, including those which have undergone “substantial transformation” elsewhere, are to be banned from coming into the US. The only exception would be Burmese gems brought in for ‘personal consumption.’

While the industry contemplates these new developments, the global gemstone community already voices disparate opinions. Director of Public Affairs for Jewelers of America (JA), Peggy Jo Donohue assured that JA will make certain that its members clearly understand that no rubies or jade mined in Burma may be imported legally into the U.S. And, Donohue added, to be certain, “Jewelers should seek written assurance from their suppliers that they will not knowingly supply these banned gems.”

The comprehensive nature of the JADE Act, spelled out in lengthy legalese, may appear to be a daunting task when it comes to sorting it all out. But the Jewelers Vigilance Committee (JVC) has streamlined this concern with information clearly spelled out on their website for those interested - www.jvclegal.com.

It’s impossible to prove some stones have been in the US prior to the implementation of the JADE Act, certain dealers worry. Old stock - really old stock - may not have the paper trail that the current legislation demands in order to sell existing stock that may have come from Burma - or not. Proving the origin is a hotly debated topic where this new ban is concerned.

Some people mistakenly believe the determination of origin, not how long it has been in the US, is at least a done deal. Inclusions and fluorescence clues some feel, are fail-safe and will tell if a ruby originated in Burma. Not so fast, warns Christopher Smith, vice president and chief gemologist, of American Gemological Laboratories (AGL).

Burmese rubies are found in three major deposits; the Mogok Valley, Mong Hsu and Namya Zeik. Yes, it’s true that a number of indicators can assist in separating ruby from Burma and ruby from other sources around the world. These indicators are various inclusion and spectroscopic features, internal growth structures, and chemical composition. Still, since there are ruby deposits in other locales whose geologic environs almost mirror that of Burma, in many instances, “distinguishing these sources from Burma ruby can range from straight forward to very difficult.”

Noted ruby and sapphire authority Richard Hughes believes that the statistics involving the sale of Burmese ruby are grossly misleading. “Claims that the junta earns $300 million a year from the sales of gems are based upon gross gem auction proceeds, but in reality many of the lots sold at auction are owned by private parties, not the junta,” Hughes states.

Time will tell whether this law which intends to send a punitive message to the brutal ruling junta of Myanmar achieves its desired effect. No one, as Douglas Hucker, CEO of American Gem Trade Association (AGTA) understands it, wants to see the innocent victims of this legislation become the fall guy to this ban. “My concern,” Hucker stressed, “is that this Bill is going to hurt the wrong people like the artisanal miners, instead of the junta.”

jarrett-nov

 

La Pierre Precieuse, Montreal, offers fine Cambodian ruby as an alternative to the banned Burmese ruby.
Photo courtesy of La Pierre Precieuse. Burmese Ruby crystal, courtesy of Will Heierman, www.corunduminium.com.

 

The ripple effect of the Burmese ban spreads to Thailand, and surrounding nations which traditionally cut these stones. Gem dealer Bill Larson, president of Pala International, spends a great deal of time in Asia. “These are independent (Burmese) miners who supply the Thais; and the dealers all come to Thailand unofficially,” Larsen points out. So he feels that ruby sales do not enrich the Burmese government. “Who it will affect are the thousands of Thais in the cutting and jewelry industry.”

Montreal based gem dealer Pramendra Baid, of La Pierre Precieuse, Inc., sees a closer-ranged unintended consequence. Baid forecasts a flood of Burmese goods having entered the US ahead of the ban enforcement, resulting in an unwanted price hike for Burmese goods. The residual challenge, Baid predicts will be in serving the upper tier of the market. Nothing else quite looks like Burmese ruby, he says. Ruby from other countries lacks the color saturation and clarity as fine Mogok ruby. Baid also foresees difficulties with implementing the new documentation requirements for Canadian based importers and manufacturers who sell to the US because “origination documentation for previously purchased rubies (both Burmese and non-Burmese) will be difficult if not impossible to obtain.”

In the end, all of these well founded concerns are mitigated by the cohesive unity of trade members not wishing to support a government whose human rights abuse records are so abysmal. And the various voices all make their point. JA Director of Public Affairs Donahue affirmed, “Until genuine democratic reform becomes a reality in Burma, such sanctions are necessary to send a clear message from American jewelers to the ruling military regime.”

Graduate Gemologist and Registered Master Valuer Diana Jarrett is also a member of the National Association of Jewelry Appraisers (NAJA). She’s a frequent lecturer at conferences and trade shows. Jarrett serves as Colored Stone Editor for Rapaport Diamond Report; with other works regularly appearing in trade and consumer publications. Contact her at This email address is being protected from spambots. You need JavaScript enabled to view it.">This email address is being protected from spambots. You need JavaScript enabled to view it. or visit her website: www.dianajarrett.com.


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