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Ruby, sapphire markets transformed GIA Share     Ruby and sapphire are among history's most coveted gems, with fashioned stones dating back to ancient Greece, India and Asia. Traditionally, they have been scarce and expensive. The past 25 years, however, have brought radical changes in the market for rubies and sapphires, stimulated by huge increases in supply. Today, they are much more readily available in a full range of prices. More
Colored stone market holding up JCK Share
Overall, the colored stone market has "held up" considering the economy. The top and low ends have maintained their integrity, but the middle sector has felt a crunch, according to Richard Drucker, president of GemWorld International. During his Top Colored Gemstones seminar, Drucker qualified his market observations: "Many colored stone prices are holding; they're just not selling, especially in the middle market. Price points that are selling well are under $1,200 and over $5,000 to $6,000." More Summer jewelry trend alert: Get cuffed Jewelry Insider Share
Forget "raindrops and roses" and "whiskers on kittens", "summer" and "jewelry" are a few of my favorite things — and one of the hottest bauble trends of the season is both affordable and creative: cuffs! Sarah Jessica Parker can't get enough of them and designers like Marc Jacobs, Anna Sui and Diane von Furstenburg are using them on their runways like nobody's business. So how do you wear them? More Sarah Jessica Parker's diamond heart necklace Firstwater News Share
It isn't hard to figure out what Sarah Jessica Parker's favorite piece of jewelry is right now. The "Sex and the City" star has been spotted wearing a diamond heart pendant by New York's Stephen Russell to various press events and premieres for the film. The antique diamond necklace features one pear-shaped yellow diamond of approximately 2.53 carats, nestled in a heart set with 12.50 carats of diamonds. The pendant is suspended from a diamond necklace, circa 1860. More
Reporting from the Rapaport conference: What consumers need to know about gem labs Luxist Share
When you buy a diamond, you get hit with a lot of letters and numbers: VS, SI, F color, etc. But who determines what number goes with what diamond? With diamonds, the grading for color and clarity is a major determinant in price. Unfortunately, it's also a way that the unscrupulous can capitalize on the unsuspecting. Have you ever seen an ad where the jeweler promises that the stone will appraise for more than the sale price? How can that be? More Cuban jeweler is latest Florida Ponzi schemer Luxist Share
Another Florida Ponzi schemer has made the news. Cuban jeweler Luis Felipe Perez has been accused by the U.S. Securities and Exchange Commission of bilking at least $40 million from investors since 2006. Perez, known as Felipito in the local community, owned Lucky Star Diamonds and Luis Felipe Jewelry Designs Corporation, two businesses that now have closed. According to the SEC, he used investor money not to build his jewelry businesses but to spend lavishly. More Madeleine Albright introduces pin exhibit The Georgetown Dish Share
Madeleine Albright has been talking up her pin collection for a while. A few weeks ago, she was telling journalists that through her pins, which she often matched to her mood in meetings with foreign dignitaries when she was Secretary of State, had helped her "single-handedly revived the costume jewelry industry." More |
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