Rough diamond crystal. Transmitted and reflected light. Image by Gary Roskin. Diamond provided by AMGAD. |
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Last Report's Top FIVE Features! (Too close to call...)
Most notable features from our last report were…
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1.) Truly Magnificent: the Estrela de FURA Ruby!
What happened on Thursday morning at Sotheby's Magnificent Jewels auction in New York was nothing less than spectacular.
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2.) Manmade Melee, and Russian "Smalls":
Exclusive interview with David Grunberger
David Grunber ger of Grunberger Diamonds spoke to us about what it's like to be in the diamond melee business right now, with the manmade diamond discussion and the Russian diamond boycott.
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3.) Exclusive interview post-auction with:
Dev Shetty, Founder & CEO FURA Gems
“We are very happy,” says an exuberant Dev Shetty, Founder & CEO of FURA Gems. “It’s a new world record for ruby... and any other colored gemstone! And now the benchmark has been set for the Mozambican ruby!”
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4.) State of the Art Jewelry Summit
the Future of the Industry
Industry standards are changing in line with consumer’s behaviors, and towards a more sustainable and equitable Jewelry industry.
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5.) Who Wore What Jewels - Chopard
Days 8 & 9 brought forth the red carpet premiere of ‘La Passion De Dodin Bouffant’ and Chopard’s annual Cannes Film Festival gala/dinner which the luxury brand hosts each year at the festival.
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Support the Report!
Includes advertising packages for the Newsletter!
Added BONUS if you act now!
More contact information is below.
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A lot to Take In, & a lot to Report |
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Having just returned from Cambridge, Massachusetts, where the inaugural SAJS took place, notebook crammed, photo library stuffed, and back at the news desk with a much more serious view of the event topics, we will begin our reviews starting next week.
Yes, while there were presentations on sustainability and climate change, carbon footprints, sanctions and responsible sourcing, standards and certifications, trust, green washing, renewables, energy costs and supply chains, and more, there seemed to be a common thread throughout, and some suggestions as to what we should be doing to save the planet, save the global population, and save our industry - all interconnected.
As it was pointed out, industry standards are changing in line with consumer’s behaviors, towards a more sustainable and equitable Jewelry industry. But are we doing enough in the right directions?
We shall dive into all of the presentations, report back on what this all means to our industry, as well as to you and your business. This may end up with more questions than answers, but we all need to be thinking about it.
Thank you to the Responsible Jewelry Council (RJC), the Gemological Institute of America (GIA) and the Mineralogical and Geological Museum at Harvard University (MGMH) for the invitation to attend and cover the event.
We'll see you all back here next week for our first report.
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Taking Care of Business - Doing the Right Thing |
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FURA Investing in Colombia
Coscuez Emerald Auctions Benefit Local Workforce
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Reuters.com / Mining Weekly
It was announced this past week that Fura Gems will invest $200-million in its Colombian Coscuez emerald mine over the next five years.
Dev Shetty, founder and CEO (seen here) is all in when it comes to social responsibility.
*Our investments in Colombia exceeds $100 million.
*Our investments directly benefit more than 700 families and impact the lives of more than 10,000 people.
The company is holding its fourth auction of rough emeralds from its Coscuez mine in Bogota.
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FACETS 30th Anniversary!
January 6-8, 2024
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Trade Show Calendar
The Sri Lanka Gem & Jewellery Association are excited to announce the dates for their special 30th edition of Facets in 2024!
Save the date - 6th to 8th of January, 2024 at the Cinnamon Grand Hotel, Colombo.
Look out for more details to come.
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Closely Examining Gems at Auction |
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When "Crystal" was Crystal
Upcoming Auction - Crystal Candlesticks and more
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Gary Roskin -
Roskin Gem News Report -
Coming up in Christie’s July 7 London auction, you will find a pair of Leopold Henry Radclyffe carved rock crystal and silver-gilt candlesticks.
They’re estimated to sell between 4,000 and 6,000 pounds.
Why are these so important?
Rock crystal can be such an underappreciated gem material, with all of the other gem materials available today.
But back in the day, rock crystal was seen as an important ornamental object, especially as items for houses of worship as well as the homes (and palaces) of the very wealthy.
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Along with the rock crystal candlesticks, there is a King George III jeweled and enameled medallion, from 1789. The topper crown is set with diamonds, rubies and emeralds.
King George III is THE King George named in the American Declaration of Independence. Yes, THAT King George.
We had a chance to speak with Harry Williams-Bulkeley, International Head of Silver Department, Christie’s London, regarding the medallion, and he told us that the large red "gems" beneath the right and left arches are in fact ....
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Provenance vs. Melt. A criminal example of stupidity. |
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Yogi's Rings Presumed Melted
Hall of Famer's Jewels Stolen and Destroyed?
SAY IT AIN'T SO!😲
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Gary Roskin -
Roskin Gem News Report -
After almost 2 decades of searching for stolen artwork, jewelry, and other museum items, 9 thieves have been caught, according to the Associated Press.
But what really caught our attention to this story were the World Series and Most Valuable Player rings stolen, and presumably melted down for the gold value! Say it ain't so, Joe!
These rings were more than just gold and diamonds.
They were presented to Hall of Fame New York Yankees baseball catcher, Yankees manager, and New York Mets coach and manager, Yogi Berra. These rings have value not just from the gold and diamonds, but for their provenance.
They belonged to Yogi Berra, a baseball icon, and an American icon!
Who is Yogi Berra?
You may not know Yogi Berra, but you know his "Yogi-isms."
Including the Top Ten list of Yogi-isms, according to ESPN.
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When Governments get Involved |
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Tanzania Government Resolves
to Propel Minerals Sector
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National Daily News -
In a recent National Daily News article speaking of budgets and regulations, it is suggested that the Tanzanian government’s commitment to the minerals sector is focused on curbing smuggling and enhancing value addition.
In this article it was also noted that there are currently plans to exempt Value Added Tax (VAT) on the supply of precious metals, gemstones and other precious stones at buying centres, mineral markets, and gem houses.
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Gemfields Ruby Auction: Record $80.4 million |
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GJEPC -
Gemfields held yet another very successful ruby auction on June 5th, mixed-quality rough bringing in a record $80.4 million.
This is a 20% increase over the previous ruby auction in December.
According to the report published by the Gem & Jewellery Export Promotion Council of India, “the auction yielded remarkable results..."
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And why didn't you think of this? |
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Bathing in Gems - Literally?
Cosmetics Line "Gemology" is now in Hospitality
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Gary Roskin -
Roskin Gem News Report -
No doubt the name of the company has grabbed our attention. And so what exactly do they have to do with gemstones and gemology?
According to the Gemology Cosmetics Paris website, they use minerals found in gem materials for creating luxury cosmetics. “Thanks to sophisticated liquefaction technics for minerals, Gemology extracts the trace elements, naturally concentrated in gemstones, to blend them into its skincare products. The action of these precious minerals pass on proven effectiveness to Gemology products.”
We have no doubt that gems have what it takes to help us feel and look better. But did we think to extract the trace elements to make cosmetics?
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The Family Legacy: Books written from within |
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There are at least three new nonfiction books recently announced that are now on our summer/fall reading list. They are all about the jewelry firm's life story, and they are all written by members of their family! |
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written by
Thomas Chatham
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written by
Ronald Winston
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written by
Francesca Cartier Brickell
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International Gemmological Research Industries
NCJV Conference
“Sourcing gems and diamonds”
Brisbane 30th June – 3rd July, 2023
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Initiatives in Art and Culture (IAC)
13th Annual International Conference on Gold and Diamonds
"Maintaining Purpose"
July 17-19, 2023
New York, NY
Bohemian National Hall, Upper East Side
Opening Reception: Heritage Auctions New York, 445 Park Avenue
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National Association of Jewelry Appraisers NAJA
60th Annual ACEit Mid-Year Education Conference
August 12-14, 2023
Providence, RI
@ the Hilton Providence
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Jewellery Valuers Association
JVA Registered Valuer Conference
September 8-10, 2023
Holywell Park, Loughborough University
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World Jewellery Confederation CIBJO
Congress 2023
Jaipur, India
October 3rd - 5th
Registration for CIBJO Congress 2023 now open
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Trade Only
Southport, Queensland, Australia
– August 3-4, 2023
Vicenza, Italy
– September 8-12, 2023
– September 18-22, 2023 AWE
– September 20-24, 2023 HKCEC
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Greetings from the news desk!
Just returned from Cambridge (Massachusetts) where the Harvard State of the Art Jewelry Summit took place. It was a day-long event with several trade panel discussions as well as academic presentations from Harvard and M.I.T. professors.
You may have seen a post or two in online social media regarding the event, giving you a glimpse at what was discussed. We will begin posting our reports soon!
Moving ahead, we will be speaking at the NAJA Ace-It Conference in Providence, RI, in August. September will be busy as we will be attending the Hardrock Summit in Denver, CO, speaking for the New York City GIA Alumni Association's monthly meeting, as well as the Jewellers Valuers Association Conference in Holywell Park, at Loughborough University, UK. In October, we are looking forward to speaking at the Canadian Gemological Association's 75th Conference in Vancouver, BC!
We really do hope to see you somewhere along the way!
Please tell your vendors we would like them to
support the report and advertise!😊
As always, stay informed and keep in touch. I'd like to know where you've been and what gems you've seen.
We will continue to post features on the website, so feel free to log on to the Roskin Gem News Magazine any time at www.RoskinGemNewsReport.com
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Want to contribute?
If you would like to contribute, or you have read something somewhere that you feel would be perfect to share with the community, then please feel free to contact me directly at Gary@RoskinGemNews.com
I will see you again SOON!
Stay safe and stay healthy!
Gary Roskin
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The creation of this newsletter is the work of Gary A. Roskin Ltd, dba Roskin Gemological Services. If you should have any comments or suggestions regarding the contents of this newsletter, please do not hesitate to contact us at Gary@RoskinGemNews.com |
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