Last updateWed, 19 Apr 2017 8am

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GIA extends Diamond Confirmation Service

Investigation continues; additional arrests made


(CARLSBAD, Calif.) - In response to concerns expressed by members of the trade, GIA has extended the submission date for the confirmation service announced on Nov. 25, 2015, by two months to March 31, 2016.

Anyone with a GIA grading report originally issued between November 2014 and October 2015 who is concerned about the validity of the report due to the unauthorized changes to grading reports uncovered in October 2015 may submit the original report and the referenced diamond to any GIA location for the confirmation service at no charge until the March 31 deadline for submissions.

Major diamond and jewelry organizations offer IDEX Trading Network to members

(GENEVA, Switzerland) - Major diamond and jewelry organizations, including the World Federation of Diamond Bourses (WFDB), Jewelers of America (JA), CIBJO (The World Jewellery Confederation), the Diamond Manufacturers & Importers of America (DMIA), the Indian Diamond & Colorstone Association (IDCA), the International Diamond Manufacturers Association (IDMA) and the World Diamond Mark (WDM), have all announced an exclusive offer to their members to join the thousands of international traders already doing business on the IDEX trading platform.

Cindy Edelstein dies at 51

Edelstein MarJewelry industry loses a rare gem

(NEW YORK) - Cindy Edelstein, entrepreneur, author, editor and long time consultant to the jewelry industry, died suddenly on January 24. She was 51. The cause was heart failure.

Cindy began her career in the jewelry industry as the fashion editor at JCK magazine. This brought her in contact with jewelry designers and their work, and she soon came to realize that working with them would be her life’s work. In 1991, wanting to support  the growth of this segment of the industry, she founded the Jeweler’s Resource Bureau with her husband, Frank Stankus, with the idea of highlighting the designers and their work in multiple ways.

Treasure hunters seeking to salvage millions in gold coins

newserTeam plans to salvage coins from sunken ship near Boston
(Newser) – Last summer, a team from Endurance Exploration Group used a remotely operated vehicle—or ROV—to recover a glass bottle, a chamber pot fragment, and a piece of china that had been sitting on the seabed some 1,000 feet below the Atlantic Ocean's surface for more than 150 years. It was confirmation that they had discovered the resting place of the SS Connaught, a 370-foot-long steamer that sank April 21, 1860, about 100 miles from Boston.

Forbes reports Apple Watch prices falling, next-gen announcement coming soon

forbes apple watchCould the Apple Watch 2 announcement be just weeks away? The original Cupertino smartwatch has just seen its prices slashed by many major retailers.

Target, Best Buy, B&H and others have cut $100 from over 20 different Apple Watch models meaning you can pick up the watchOS device from as little as $249. That’ll get you the 38mm Sport Edition, it’s $50 more if you want the 42mm model.

JA announces new Member benefits

JAIncludes partnership with Jewelry Asset Services

(NEW YORK) - Jewelers of America (JA) has partnered with Jewelry Asset Services (J.A.S.), a bank loan and inventory lending consulting company that specializes in the jewelry industry. J.A.S. brings new sources of financial liquidity to JA members and the jewelry industry, through their extensive relationships with the banking industry.

Remember the mood ring? A pre-social media way to share your status

atlasobscuraBefore Facebook status updates and 24/7 Tweeting, people needed a way to broadcast their feelings to the rest of the world. Thankfully, despite the lack of social media, there was a way to convey this information: the mood ring.

If you’ve never worn a mood ring, you’re probably aware of the concept: put on the ring and it will change color based on shifts in your emotional state. Each color corresponds to a type of feeling, for example, blue indicates calm and purple reflects sensuality, while black denotes stress or depression.