GemFind Newsletter 4-5-2016

April 5, 2016

GemFind Newsletter 4-5-2016

April 5, 2016 GemFind Marketing
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NEW FINANCIAL DATA LEAK MAY SHED LIGHT ON 1983 LONDON BRINKā€™S-MAT DIAMOND HEIST
Israeli Diamond Industry     April 04 

The ICIJ explains that during the Brinkā€™s-Mat heist, six robbers slipped into the warehouse and forced security guards to open the vault in which they found nearly 7,000 gold bars, diamonds and cash, most of which was never recovered.

 
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Largest Fancy Vivid Blue Diamond in Auction History Estimated at up to $45M
Rapaport News       April 05 

The 14.62-carat ā€˜Oppenheimer Blueā€™ (pictured) will lead Christieā€™s Magnificent Jewels auction in Geneva on May 18, with an estimated value of $38 million to $45 million, according to a Christieā€™s statement March 31.

 
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JVC CEO/President to Step Down in 2017
David Brummer     IDEX      April 05
The Jewelers Vigilance Committee (JVC) has announced that its CEO, president and General Counsel, Cecilia Gardner, will step down from her role as CEO/president at the beginning of 2017. The organizationā€™s executive committee is discussing the scope of a continued role for Gardner, while 
 
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My Brief Encounter With Zaha Hadid    Victoria Gomelsky       JCK         April 04 

Zaha Hadid, the British-Iraqi architect praised for her groundbreaking neo-modernist style, died Thursday of a heart attack at a Miami hospital, where she was being treated for bronchitis. She was 65. 

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Designerā€™s Diary: The Consignment Crisis
 
Jacqueline Stone        National Jeweler              April 05 
    

Consignment seems to be the topic of heavy debate these days, casually making its way into conversations that quickly get heated. The issue seemingly divides the jewelry industry into two camps. After doing a deeper dive on the subject, I started to wonder: 

 
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IT’S OFFICIAL:

CONCLAVE IS COMING  

 

 

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Zaha Hadidā€™s Leaves Landmark Jewelry Line For Georg Jensen Before Untimely Death

Anthony Demarco     Jewelry  News Network      April 01 

The jewelry collection she designed for Georg Jensen, called the ā€œGeorg Jensen X Zaha Hadid The Lamellae Collection,ā€ has the potential to be a landmark moment for the famed Danish silversmith brand.

 
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Millennium Dome heist diamond sells for a staggering Ā£22.5MILLION 
ADRIAN HEARN  Mirror  APRIL 05 
One of the diamonds armed robbers tried to steal during the infamous Millennium Dome heist has been sold for a staggering Ā£22.5 million. The De Beers Millennium Jewel 4 was auctioned off by Sotheby’s in Hong Kong as part of a high profile gem sale.
 
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FANCY COLORED DIAMONDS 101 
PriceScope                  April 04

Letā€™s take a quick look at how colored diamonds are graded compared to their colorless brethren. Colorless diamonds are graded on the absence of color. The less color, the higher and more expensive the grading. For colored diamonds, the higher the color intensity, the more expensive the diamond.

 
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Moving Forward: Why Retailers Need a Comprehensive Relocation Strategy
  Martha C. White       JCK           April 05     

There is considerable strategy involved in relocation, and it begins with a thorough, clear-eyed examination of the storeā€™s entire inventory. Bringing in a partner with valuation expertise can help identify what to keep, what to sell, and where to focus the storeā€™s resources going forward.

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Most Expensive Trainers Ever Unveiled in New York
  stonechicky   The Israeli Diamond IndustryBlog     April 04    
Luxury haute couture brand Bicion and designer Dan Gamache have unveiled a record-breaking creation: a pair of the world’s most expensive trainers costing $4 million.    
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