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Tiara clad plane “biter” suspects class envy

page sixArt curator Stacy Engman admits she was wearing a tiara on a flight from Istanbul to New York, but she denies she bit the woman sitting next to her in first class.

“I am really traumatized. I’ve never been involved in anything like this,” Engman told me. “This whole thing is crazy.”

The glamorous New Yorker — who works with museums around the world — was in Paris for the couture shows and then on a Mediterranean shoot for her “Yacht Life” photo series in W magazine.

Rapaport reports polished diamond prices firm in February

1-carat RAPI™ rises for 4th consecutive month

(NEW YORK) – Rapaport has reported polished diamond prices rose in February continuing the uptrend evident since November. Shortages continue to support the market while trading slowed during the month as dealers in China and Hong Kong took vacation during the Chinese New Year period. The RapNet Diamond Index (RAPI™) for 1-carat, GIA-graded diamonds rose 0.3 percent in February. RAPI for 0.30-carat diamonds advanced 0.4 percent and RAPI for 0.50-carat diamonds grew 0.7 percent. RAPI for 3-carat diamonds fell 1.2 percent. 
RAPI for 1-carat diamonds increased 1.3 percent during the first two months of the year but remains 7.8 percent below levels recorded one year ago.

GIA offering 125+ scholarships, totaling more than $500,000

(CARLSBAD, Calif.) - Beginning on March 1st and running through April 30th, prospective GIA students have the opportunity to apply for more than 125 scholarships, totaling more than $500,000, for the Institute’s Gemology and Jewelry Manufacturing Arts programs, courses and lab classes. Directions on how to apply online are available at www.gia.edu/gem-education-scholarship-instruction-information.

JA’s Political Action Committee raises over $25,000 in 2015

(NEW YORK) - The Jewelers of America Political Action Committee (JAPAC), the only PAC that supports the fine jewelry industry in Washington, D.C., raised $26,680 in 2015. Through JAPAC, individual Jewelers of America (JA) members can join with other jewelry businesses in contributing to candidates for office at the federal level, who understand the interests of the jewelry industry.

The SJG Smart Business Report

Sponsored content from the Southern Jewelers Guild

“Spring is the time of plans and projects.” - Leo Tolstoy, Anna Karenina

The first quarter of 2016 is nearly over, and if you still haven’t incorporated your list of New Year’s resolutions into your daily schedule, then I give you permission to stop beating yourself up over it, toss that list out, and try again next year!

Spring will be here soon, which means warmer weather is on the way, and with it, the extra business that comes our way from holidays and events including Easter, Mother’s Day, Father’s Day and graduations.

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.