JEWELRY RENTAL IS HOT, NEW TREND

Posted by & filed under Blog.

For decades, Hollywood starlets have worn jewelry that they did not own to the Oscars and other high profile events. This jewelry is lent to them by famous jewelry artisans because what the starlets wear gets lots of coverage on TV and in magazines. One of the newest and most interesting trends in the jewelry… Read more »

BATTLE OVER LAB GROWN DIAMONDS CONTINUES

Posted by & filed under Blog.

Last summer the Federal Trade Commission (FTC) revised its guidelines regarding the marketing of diamonds in ways that were widely interpreted as a victory for the lab grown diamond industry. The previous guidelines had defined a diamond as a “natural” product. The new guides define a diamond simply as “a mineral consisting essentially of pure… Read more »

Debeers To Sell Synthetic Diamonds

Posted by & filed under Blog.

As any follower of this blog or the Hull Loan System facebook page knows, diamonds gown in a laboratory have improved in size and quality enough to be used in jewelry and are making inroads into the retail jewelry sector.  Some retailers, such as Wedding Day, have started stocking and selling lab grown diamonds almost… Read more »

Squeeze on the Midstream

Posted by & filed under Blog.

A new research paper by the Rapaport Group provides a good overview of the current state of the diamond market. As late as the early 1990s, the Debeers Company controlled about 80% of the rough diamonds coming into the diamond pipeline. They used that control of diamond supply to maintain stable and modestly increasing diamond… Read more »

SARIN DIAMOND GRADING MACHINES

Posted by & filed under Blog.

Since the advent of modern diamond grading about 80 years ago, gemological laboratories have graded diamonds for carat weight, cut, color and clarity using some tools but applying human judgments. Scales, of course, were used to determine carat weight. But loupes, microscopes, millimeter gauges and master color grading diamonds were the tools used to apply… Read more »

As The Times Change

Posted by & filed under Blog.

Among the most pressing challenges to the diamond industry is the need to lift consumer demand. Historically consumer demand has been principally related to marriage. Consequently, diamonds have been marketed as symbols of eternal love and commitment. But millennials commitment to marriage is less than previous generations. They are marrying later, less often and it… Read more »

DeBeers’ Forevermark Unveils Black Label Collection

Posted by & filed under Blog.

A number of years ago, the DeBeers Corporation saw its influence over the supply of rough diamonds into the retail pipeline decrease as more players entered the field independent of their marketing network. They correctly saw this as a permanent change and responded by going downstream, opening their own retail outlets and “branding” their finished… Read more »

Christie’s Celebrates 250 Years in Business

Posted by & filed under Blog.

The English auction house, Christie’s, is celebrating its 250th year in business. As the interesting article in Rapaport’s December issue reports, the auction house was started by a Scot, James Christie, born in Perth, Scotland in 1730. Christie went to London in 1750 and found work with a Covent Garden auctioneer, from whom he learned… Read more »

MRIs COME TO GEMOLOGY

Posted by & filed under Blog.

This post is abstracted from an article in Rapaport Magazine by Shaun Sim about technological advances in the diamond cutting industry. Historically, diamond cutters inspected stones for flaws with nothing more than a 10X loupe and their eyes. In the 1980s, computer applications began to aid them in locating flaws in a rough diamond but… Read more »

Real is Rare

Posted by & filed under Blog.

For many decades, the DeBeers Corporation funded an ad campaign that was intended to create demand for diamond jewelry, engagement rings in particular, as a symbol of eternal love and beauty. The “Diamonds are Forever” campaign went through many iterations in TV ads and is something baby boomers grew up with. But, times change. DeBeers… Read more »