Last updateThu, 23 Mar 2017 12am

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How will advancements in lab-grown diamonds affect the trade?

Diamonds grown in the lab have matured enough in size and quality to compete against traditionally mined gems. At stake is the $14 billion rough diamond market.

Game of Stones

In its elemental composition, diamonds are just carbon, the fourth most common substance in the universe. A lump of coal is probably its humblest form: brittle, flammable, and entirely unsuitable as a promise and proposal of undying devotion.

Jewelers’ Security Alliance six-month crime statistics and trends

JSA(NEW YORK) - Jewelers’ Security Alliance (JSA) has released its crime statistics for the first six months of 2016 which indicate a continued decline in crime against the diamond, jewelry and watch industry. U.S. Dollar losses decreased from $33.2 million to $30.8 million, and the number of crimes decreased from 562 to 528.

The 5 strangest jewelry curse stories


What does it take for a jewelry artifact, whether it be a single stone or a hoard of gold, to be declared “cursed”? Well, it seems the main ingredient is a populace with a very active imagination, and successive owners who are willing to carry on the legend even if they’ve escaped with all their limbs. Like all fantastically expensive objects, jewelry of the most high-end kind tends to attract theft, disagreement, political problems, and other intrigue; but that’s just a fact of its desirability. Beyond that, historically, jewelry curses are often invented aspects to give a potential buyer a little bit more flavor. (The La Peregrina Pearl owned by Elizabeth Taylor has been blamed for the fact that she married eight times, but it’s more realistic to blame that on her interpersonal skills than on a blameless bit of cultivated oyster.)

The SJG Smart Business Report: Southern Jewelers Guild report from the Atlanta Jewelry Show

Sponsored content from the Southern Jewelers Guild

SJG Corinth“If you want to go fast, go alone. If you want to go far, go with others” ~ African Proverb

The Fall, 2016 edition of the Atlanta Jewelry Show has wrapped, and I have lots of details to share with you from the show floor!

ALERT – Diamond buying by phone scam more prevalent than expected

ScamIn last week’s newsletter we ran a story about 2 jewelers in Kentucky which were called by out of town “customers” looking to purchase loose diamonds using a credit card. In both cases the “customer” identified himself as a business owner from California.

As it turns out, these attempts are much more widespread than we expected. We received a great deal of feedback from readers who have experienced very similar situations. Here are a few of their stories:

Jewelry customers and the public aid in $2 million donation to nonprofits

More than 40,000 votes direct funds to St. Jude Children’s Research Hospital®, Habitat for Humanity® and Feeding America®/Food Banks Canada

(NEENAH, Wis.) - Jewelers Mutual Insurance Company’s $2 million donation campaign, “Band Together,” came to an end on July 31. The company, a leading insurer dedicated exclusively to jewelry and the jewelry industry, invited its policyholders and the general public to vote online at its website for their favorite cause.