GemFind Newsletter 5-24-2016

May 24, 2016

GemFind Newsletter 5-24-2016

May 24, 2016 GemFind Marketing
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Saul Bell Award Winners for 2016 Announced
Michelle Graff        National Jeweler     May 24 
Jewelry supply company Rio Grande announced the winners of the annual Saul Bell Awards earlier this month during a gala dinner at its Santa Fe Symposium.
 
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ALROSA Recovers 207-Carat Diamond
David Brummer      IDEX       May 24 

The World-leading miner by volume, ALROSA, has announced the recovery of a 207.29-carat rough diamond from the Zarnitsa pipe at the Udachny Mining and Processing Division.

 
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Gold Jewelry Demand Slides as Prices Rise
Rob Bates       JCK           May 24 

On June 9, Christie’s will sell the Cullinan Dream, a 24.8 carater that is the largest fancy intense blue diamond ever offered at auction. The gem is the headline offering at the Christie’s upcoming New York Magnificent Jewels sale.

 
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De Beers’ fourth cycle provisional rough diamond sales demonstrate ‘continued stability’        Professional  Jeweller            May 24

The De Beers Group today (May 24) announced the value of rough diamond sales for the fourth cycle of 2016. The provisional sales values for cycle 4, which include global sightholder sales and auction sales, is $630 million (£434 million). 

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Developing Protocols to Ensure Natural Diamond Authenticity 
 
JCK Magazine                 May  23
    

Previous articles in this series (to refresh your memory, click here and here) have explained why full supply-chain transparency is critical for the gem industry in the age of lab-grown diamonds.This final installment is intended to detail how such an initiative could be carried out.

 
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‘Unique Pink’ Sells For Record $31.5 Million At Sotheby’s

Anthony Demarco     Jewelry  News Network      May 16 

A 15.38-carat fancy vivid pink diamond sold for more than $31.5 million at Sotheby’s sale of Magnificent Jewels and Noble Jewels in Geneva Tuesday, setting a record for a stone of its type.
 
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GOLD RING AND NECKLACE DISCOVERED HIDDEN IN MUG AT AUSCHWITZ MUSEUM
The Israeli Diamond Industry              May 24 
Auschwitz Museum staff have discovered a mug with a double bottom hiding a gold ring and a necklace, according to a press release from the museum.
 
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9 Psychological Reasons For Why People Buy Diamond Jewelry

 Shoshi Grossman      RAPNET     May 24

Diamonds are beautiful and rare, but their practical uses are limited. Sure, you could argue that diamonds for the purpose of making industrial grade drill bits are useful, but those aren’t the kinds of diamonds found in a retail jewelry store. 
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Found under a Lake, Almost Discarded: What’s Makes Foxfire Such a Special Diamond?
  STONECHICKY       Israeli Diamond Industry Blog            May22
 
   

It was found where no large diamonds are supposed to exist, it was almost discarded, and now it gets to travel the world: The story of how Rio Tinto’s 187.7-carat Foxfire diamond – the largest rough ever found in North America  . 

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5 Experiences I’m Looking Forward to at JCK Las Vegas 2016 
  Victoria Gomelsky       JCK            May 22    
With the start of the jewelry industry’s annual market week just eight days away (the LUXURY show begins on May 31!), I’m keenly aware of my ever-expanding schedule. This year, I’ve decided to forgo making appointments (the Baselworld fair, where I had 68 meetings, positively scarred me).
 

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