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Why are auction house diamond sales breaking records?

Why are auction house diamond sales breaking records?

Industry insight by Russell Shor, GIA senior industry analyst © GIA

The upcoming 2011 jewelry auction season promises more record-breaking large diamonds and top fancy colored diamonds. Even as the world economy is still recovering from the economic crisis of 2008-9, it seems the wealthy cannot get enough of these stones. They helped Christie’s and Sotheby’s – which together account for nearly 90 percent of the top jewelry auction market – achieve record sales last year.

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Edmonds joins Fantasy Diamond as sales representative

Fantasy Diamond Company, a Chicago based manufacturer of fine bridal and fashion jewelry, is pleased to announce the hiring of Brent Edmonds as an outside sales represent...

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Richmond jewelers raise $14,500 for VCU Massey Cancer Center through Jewels for a Cure raffle

Richmond jewelers raise $14,500 for VCU Massey Cancer Center through Jewels for a Cure raffle

(RICHMOND, Va.) - Last month, VCU Massey Cancer Center held it’s annual Women & Wellness program at the historic Jefferson Hotel. With over 1000 supporters attending...

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FL jeweler Jack Massey, 94, dies

Jack H. Massey, Jr. died on March 4, 2011 in Palatka, Florida at the age of 94.

Massey founded Jack Massey Jewelers and Photo Supply in Palatka on August 1, 1954.  He own...

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New Orleans jewelry shop steps up to give back

(NEW ORLEANS) - Spring is for giving.  This is the position that Wellington & Company, a New Orleans-based fine jewelry boutique in the French Quarter, has taken this...

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NC Jeweler delivers keynote at Alabama/Georgia Jewelers Convention

NC Jeweler delivers keynote at Alabama/Georgia Jewelers Convention

Bill Warren, owner of The Gold Mine Fine Jewelry & Gifts, Inc. and Warren Marketing Systems was the keynote speaker at the Alabama/Georgia Jewelers Convention held in...

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Gemvision to debut Version 2.0 and new features of CounterSketch Studio at JCK Las Vegas

Gemvision to debut Version 2.0 and new features of CounterSketch Studio at JCK Las Vegas

Award-winning custom design system features new tools to help independent jewelry professionals add flexible digital inventory to their store

(DAVENPORT, Iowa) - Gemvision ...

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Kirchner expects First Impressions® line to make big impression

Kirchner expects First Impressions® line to make big impression

(MINNEAPOLIS, Minn.) - At a time when consumers want personalized and custom jewelry that has meaning in their lives, the Kirchner Corporation is introducing what they bel...

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Val Casting introduces new affordable Alexandrite Collection

Val Casting introduces new affordable Alexandrite Collection

Val Casting, a 25 year old prime manufacturer of better colored stone and diamond jewelry, is pleased to announce that for the first time quantities of well made, color c...

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ARIVA expands Paradise Collection of alluring turquoise doublets

(PROVIDENCE, R.I.) - This fall, ARIVA is pleased to reveal new designs for its popular Par...

 

IDDeal Card scores high marks with retailers

Since its big release in January of this year, IDD’s IDDeal Credit Card Program is “al...

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