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Letter to the Editor
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Dear Editor, A new awareness of the mysterious beauty of fluorescence in colored diamonds is evidenced by research being conducted at the Smithsonian Institution by a team led by Sally Eaton-Magana of the Gemological Institute of America. (See Winter 2007 Gems and Gemology). In the...
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KCM Sells 46ct Diamond for More Than $1M
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Junior diamond mining company, Kimberley Consolidated Mining (KCM) sold a 46 carat blue-white stone for $1.28 million on Thursday, Mining Weekly reported. KCM chief executive officer Hein Le Riche said the stone sold for $28,000 per carat and came from the company’s Bo-Karoo alluvial...
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France's Trade Minister Tours Safdico
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France chose Safdico RSA, one of South Africa’s leading diamond corporations, to explore the inner workings of the trade. France's minister of trade, Christine Lagarde, visited Safdico's operations during a diplomatic and commercial visit to South Africa....
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Botswana Adds Steinmetz, Safdico as Sightholders
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Both the South African Diamond Corporation (Safdico) and Steinmetz joined Botswana's list of active sightholders, according to the government's ministry of minerals, energy, and water resources. The new sightholders were given a 5-year license agreement. As Botswana is the...
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Buying Slow at Vicenza
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The Orogemma jewelry fair in Vicenza, Italy, held from September 7 to 12, 2002, is the last and traditionally the weakest of three annual fairs organized by the Vicenza Trade Fair Board. Fair exhibitors complained of slower traffic and fewer sales compared to the same...
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Dia Bras to Buy Into Blue White Operations in Guinea
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Dia Bras Exploration Inc., has entered into a letter of intent, subject to regulatory approval, with privately-owned Blue White Diamond Inc., to earn a 60 percent interest in the diamond resource of four promising semi-industrial alluvial diamond permits located in Guinea, West Africa, for $2...
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Tracking the D-Flawless
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By Gail Brett LevineA s we greet the future, symbolized by the much heralded millennium, we also have the impulse to look back over the past decades of the twentieth century and review the progress of history. The jewelry industry is no exception to this phenomenon, and tracing diamond pricing...
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Sear’s Catalog: A Chronicle of America’s Diamond Prices
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By Daniel ParkerIn 1888, the year Cecil Rhodes negotiated the merger of the Kimberly Central Mining Company and De Beers to form De Beers Consolidated Mines, retailers in America were already beginning to see big profits from selling diamond jewelry. Sears Roebuck & Co., had a section in its...
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Ushering in the Modern Stone Age
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By Tzipora TemplemanThere was a time, not long ago, when gemology in the United States was a lore left untouched. While diamonds and precious gemstones have been traded and handled for centuries, people opposed knowing too much about the stones. Gems were admired and awed as though surrounded by...
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Japan and Jewelry: A 20th Century Romance
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By Kazuko ItoThe history of jewelry in Japan is a twentieth century story. As strange as it may sound, the nation was totally devoid of jewelry for a period of about 1000 years, from around the 10th century until late 19th century. The only glimmer of adornment came from the elaborate hair...
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Let There Be Light . . .
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By Sharon WakefieldToss a “D” color diamond into a parcel of off-white stones and it’s a relatively simple task to recover your white diamond. Now, try to make this same separation in a dark room — with no lights. It’s not possible. In the dark, all the stones look the same.Why would anyone try...
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Labs
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Diamond grading laboratories are probably the best thing that ever happened to the diamond business. To be fair, we must say that not everybody agrees with the above statement. Some people think that labs are the worst thing that ever happened to the diamond trade. While lots of folks love to hate...
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The Truth About Profits
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As this issue of the Rapaport Diamond Report focuses on the need to disclose enhancements and treatments when selling diamonds and gems, it is appropriate for us to consider the impact of disclosure and consumer education on profit margins. Over the past few years the trade has come to the...
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Blue White
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By Martin RapaportOnce upon a time before the diamond industry standardized to GIA color grading terminology the term Blue White (Blauweiss) was used to describe the finest color white diamonds. The original Blue White diamonds came from South Africa's Jagersfontein mine. The best Jager stones were...
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Henri Barguirdjian - Van Cleef & Arpels
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By Amber MichelleJNS(c)Van Cleef & Arpels is a name synonomous with innovative design, finejewels and unsurpassed luxury. Located on New York's famed FifthAvenue and 57th Street, the upscale retailer is at the heart of theluxury houses that populate the area. It's close to the New ...
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FORTY-SEVENTH STREET GETS A FACELIFT
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By Amber MichelleJNS(c)After two years of combined efforts by the merchants and landlords on47th Street, the New York City Council has selected the block as aBusiness Improvement District (BID). The BID project, headed byTerrence Clark, executive director, Diamond and Jewelry ...
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Fluorescence Letting the Market Make the Price
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by Elly Rosen Fluorescent diamonds that appear "bluish" in natural daylight areoften referred to as "blue white." But in past decades, the blue-whitedesignation was reserved for stones of the finest color. Now, becausethe term is sometimes abused and used to describe "off-color" goodsthat ...
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Rex Sells "Earth Fire" For Premium Price
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Toronto, November 14, 1996-Rex Diamond Mining Corporation todayannounced that "Earth Fire" a 20.2 carat blue-white gem, has been soldto Yoki Tsai, a prominent Taiwan-based diamond dealer, for US $30,000per carat (US $606,000)."Earth Fire", which ranks among the larger gem-quality stones, was...
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'Boycott S.I.3'
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Dear Editor:We appreciate your concern in reporting current market trends; however, we can't help but believe that you also should weigh your responsibility to your subscribers by not lending credence to an illegitimate grade. If the Rap sheet reports as fact an artificial grade, what's the validity...
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