Yearly Archives: 2014

As long as you know about it, your chances of being a jewelry crime victim can be greatly prevented

FBI agent Eric Ives claims that the best way to prevent jewelry crimes towards your business is to remain aware of possible threats. Don’t let the thought take over you, but just simply be aware. Although the overall number of crimes committed towards jewelers has fallen in general, some new tactics have been discovered; putting a GPS system under the car’s of owners and store managers and invading homes. Therefore, if you see a strange car parked outside of your house on certain days of the week following a pattern, then it would be a good idea to contact law enforcement. The popularity of home invasions recently increased among jewelers as it happened before among bankers. Some great tips to protect yourself would to be constantly mindful of your surroundings and keep a log book. Also, take a slightly different route home every now and then to avoid being followed by thieves.

Due to the recent heavy money laundering of the Kimberly Process certificates, tainted diamonds constantly enter the mainstream sale. This can fund terrorist and other illegal activities as diamonds are small items holding very large values. Mokhtar Belmokhtar, an Al-Qaeda terrorist, has been known to launder money through these precious stones. Agent Ives further mentions that the amount of law enforcement directed towards the Jewelry business is going to be greater now than ever before in order to regulate money laundering and buying diamonds second hand.

New sea like stone all the hottest celebrities are rocking out

Megan Good, Catherine Winnick, Jessica Biel, Jill Zarin, and Angelina Jolie are all making this ocean colored rock the centerpiece for there jewelry, the aquamarine. The amazing clarity and versatility of this beautiful ocean-colored stone is the reason why it has brilliantly dazzled on the bodies of gorgeous Hollywood actresses time and time again. The amazing quality makes the stone able to be studded in any metal and comes in blue, green, or greenish blue. If you are going for the cool look, platinum or white gold would be the way to go. If you like colors, then gold would be perfect. adding diamonds to the design would increase its beauty tenfold.

Is Your Jewelry Summer-Worthy??

Coral, would be the way to go this warm, summer season. The pinkish-peach coral really has that beautiful vibrant color and looks absolutely beautiful paired with aqua freshwater pearls. If you want to take it a step further, add some sea themed charms such as starfish or Triton in sterling silver. If gold tickles your fancy, feel free to add gold but make sure it’s a higher carat lighter gold to fit in the piece.

 

It might be that time to start investing in Fossil

Fossil Inc., based in Richardson, Tx and parent company of Fossil corp. markets stated that there sales have soared to $777 million, a 14% increase, this is for the quarter that recently ended 4/5/2014.

 

Fossil Group Inc

NASDAQ: FOSL – May 16 2:24 PM ET

101.60+0.73 (0.72%)

Important Diamond Industry event in Las Vegas will feature an amazing celebrity guest to perform

The Four Season’s Las Vegas hotel will house the sold out Diamond Empowerment fund’s Diamonds in the Sky Gala on May 29 headlined by music superstar Chaka Khan. 6:30 PM will mark the start of the festivities all in honor of Botswana’s president Seretse Khama Ian Khama along with the government of Botswana for receiving Global Diamond Industry Achievement Award all while keeping in mind all the benefits diamonds have on the world.

Superstar Chaka Khan has captivated the world with her superstar talents and made hit in 8 different music genres: R&B, jazz, pop, rock, gospel, country, classical and dance. Ten #1 top charted songs have come out of her 22 albums. in 1999, she started her own organization called the Chaka Khan foundation, which discovers different routes to help women and children in need.

Hip-hop legend and businessman Russell Simmons,co-founded the Diamond Empowerment fund along with other diamond industry leaders in 2007 to uplift the diamond community. Sponsors of this high level event include: Tiffany & Co., The De Beers Group of companies, KGK, Le Vian corp. and others.

Christie’s Auction blows Sotheby’s Auction out of the water by setting a new world record

Sotheby’s Geneva Show brought in a whopping $141 million dollars from there auction setting the world record for most money made during a jewelry auction. Overnight, Christie’s Magnificent Jewels sale on May 14 blew this number out of the water by bringing in an out-of-this-world $154 million. The main attraction at this spectacular show was a 13.22 ct. flawless, pear-shaped blue diamond that drew in $24.2 million. The Stone came with a special letter from the Gemology Institute of America stating that is was the largest fancy, blue diamond that the lab has ever laid eyes on. Jewelry specialist Jean-Marc Lunel described the rock as “almost a dream” due to its heavenly clarity and purity. Harry Winston, a Swatch group-owned retailer, purchased this diamond at the show and renamed it “Winston Blue.” This is a great addition to the collection along with the 101.73 ct. “Winston Legacy,” a D flawless stone that the Swatch-group retailer purchased at last years show for $27 million. The sale for this fancy blue diamond scored another record for the show while selling the stone at $1,799,953 a carat, which is the largest amount ever for a blue diamond. The overall price however falls just below the price paid for the blue diamond at Wittelsbach in 2011, 35.56 ct. for $24.3 million. Other extravagant stones at Christie’s auction brought in $21.93 million.

Cofounder of Phillips Jewelers passes away

After a long illness, co-founder Caroline Colaprete passed away at 95 years old. Caroline founded the store along with her husband Phillip in 1948. Her son, Art, is the current president of the company. Along with her son, she is also held up by a daughter, 5 grand children and 11 great-grand children. She had to come out of retirement at 85 and work until 90 years of age. According to an online obituary, memorials can be made to Elk Haven Nursing Home, 785 Johnsonburg Rd., St. Marys, Penn. 15857.

Jaeger-LeCoultre Comes to TimeCrafters Boasting it’s amazing new collection

Jaeger-LeCoultre will be showing off its new Hybrid Artistica collection at TimeCrafters, a show boasting luxury watches, May 15-18. The collection was first introduced in Geneva at the SIHH show, now it is at  TimeCrafters for there New York premier, next the Shanghai Int’l Film festival, then London for the Masterpiece Fair, and finally Hong Kong for the Watches and Wonders show. This unique new collection boasts 12 exquisite, exceptional timepieces featuring exclusive watch craftsmanship combined with outstanding artistic ideas.  The company stated, “Each of the 12 models in the Hybris Artistica collection represents an unprecedented blend of design, technical construction, watchmaking art, and exquisite craftsmanship to achieve the point of equilibrium that dramatically expresses [Jaeger-LeCoultre’s] mastery and style.”

Pictured: The Master Gyrotourbillon I, one of the fine timepieces in this extravagant collections          

 

 

What is in deed a perfect Diamond??

In order to find the perfect diamond for you, you must consider the 4 c’s: clarity, cut, color, and carat weight. The more you educate yourself about these, the more satisfied with your final product you will be. The perfect diamond would be an IF(Internally flawless) diamond and would have absolutely no color(D-grade colorless). These stones have no visible imperfections and are completely see-through. They are the most perfect, cleanest diamonds. Obviously stones of this nature demand a hefty premium, up to 40% for the same size stone a grade below. This brings up the next question, how far below from perfect are you thinking about going? The Diamond grading scale invented by the Gemological Institute of America, groups[D,E,F] together as colorless, [G,H,I,J] are near-colorless. With the obvious difference in color between D-J, a J grade stone will have a whitish tint to it. The color is graded face-down from one of the sides where the color is more visible and quite frankly it is immensely difficult to tell color flaws between stones with a difference of 1-2 grades. When it comes to clarity, IF(Internally Flawless), VVS(Very Very slightly included), VS(Very slightly included), SI(slightly included). These stones have imperfections that cannot be noticed by the human eye, therefore in some cases, a VS1 diamond could seem as clear as an IF diamond, but not always. The best thing to do is be practical, because of the small differences between grades, it is best to buy a diamond that fits your budget and with overall beauty that appeals you. Just make sure that you receive a GIA certificate and that your diamond is graded correctly and the value not exaggerated.

 

 

Beautiful Kashmir Sapphire sets an auction world record at a whopping 28-ct

A marvelous 28.18 ct. Kashmir sapphire sporting beautiful emerald cuts sold for a hefty $5.1 million. 32 tapered baguette diamonds surround the sapphire on a extravagant ring. The head of Sotheby’s jewelry department in  New York, Gary Schuler, was also in awe, as he stated, “With its exceptional quality and deep color, I knew as soon as I saw it that the stone had the potential to reach historic heights.” The beautiful stone achieved a world record of $180,731 per ct., which is more than every before for a sapphire. The funds used for the sale of this exquisite piece will be given to charity. The auction also contained 15.23 ct pinkish/orangish diamond for $6.1 million, a 36.53 Colombian emerald, aka “el Dorado,” took in over $2.1 million and jewelry from the famous entertainer Eydie Gorm’s estate sold for $2.2 million.