Hi, everyone! I hope this finds you off to a good start for 2024, either in the tropics or at home curled up with a good book. I’ve just finished “Covenant of Water” by Abraham Verghese and highly recommend his brilliant writing. This morning, one of my colleagues posted a photo of a plastic bag…
The passing of Britain’s esteemed Queen again raises the issue of who should own the 105-carat Koh-I-Noor diamond that graces the center of the Queen Mother’s Crown. I am quite sure that the diamond will never be removed from the Imperial Crown and handed back to India, but it started me thinking about the spoils of…
Last week, I sent out a client letter about Alrosa and the current government sanctions against Russian diamonds. Read it here. Today, I received notice from GIA (Gemological Institute of America) that the body will soon offer GIA Source Verify, a geographical origin notation for natural, mined diamonds that will be included on the GIA…
The bloody, brutal war in Ukraine caused the US government and its allies to ban the import of Russian diamonds. The jewelry industry fully supports this measure, but the sanction levied by the United States is porous because most Russian diamond material is sent to India for cutting and India is very friendly with the…
In an ever-changing gem marketplace, one of the newest additions to the diamond world is the lab-grown stones. Historically, diamond simulants like Cubic Zirconia (CZ) and moissanite offered customers a chance to wear something white and sparkly without having to buy a natural diamond. In the last few years, a new type of lab-grown diamond…
Appraisals are a combination of art and science. A worthwhile appraiser has a longstanding expertise in a particular field (the science), and a well-trained appraiser uses professional methodology (the art) to provide reliable results. Appraisals are the opinion of value based on both expertise and methodology, time spent in considering the item and comparing it…
Most people receive a piece of paper when they make a large jewelry purchase that has a pre-printed form that says “Appraisal.” On that form, the seller often writes an inflated price for the item you just bought. That makes us feel good, as though we just snagged a “deal.” There is no malice on…
The tennis bracelet got its name from Chris Evert, whose bracelet of diamonds set side by side in matching prongs, fell off when she was playing at the US Open in 1987. She requested that the match be stopped until the bracelet was found. It was, and the rest is history. Originally called an eternity…
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