Rough diamond crystal. Transmitted and reflected light. Image by Gary Roskin. Diamond provided by AMGAD. | | | | |
Issue 16, August 6, 2026
| | |
This Week
in the Roskin Gem News Report
| |
The Thieves Are Talking,
but the Crown Jewels Are Still Missing
Louvre Heist Update
| | |
Gary Roskin
Roskin Gem News Report
Nine months after the brazen October 2025 robbery at the Louvre, two of the accused thieves have finally begun talking.
According to the French newspaper Le Monde (subscription required), the suspects have described how the robbery was planned, admitted that one of them knew the target was the Louvre, and even claimed the alleged mastermind complained they "could have taken more."
What they still won't reveal is what happened to France's stolen Crown Jewels after they were handed over in an underground parking garage.
Meanwhile, the Louvre has reopened the Galerie d'Apollon—but without the Crown Jewels. Reuters reports the display cases are gone, and the jewels will eventually be exhibited in a new, more secure gallery.
There is one bright spot.
Empress Eugénie's crown, recovered after being damaged - and dropped in the middle of the street - during the escape, retained all 56 of its emeralds. Only about ten of its 1,354 diamonds are missing, allowing conservators to restore the historic crown rather than reconstruct it.
Tap here for the latest investigation, remarkable restoration details, and what French investigators still don't know.
| | National Association of Jewelry Appraisers | | Accredited Gemologists Association | | Gemological Institute of America | | Museum Exhibition / High Jewelry | |
Van Cleef & Arpels Revisits Egyptian Revival at Vienna's MAK Museum June 10 - September 27, 2026
... and in its New High Jewelry Collection "Fascinating Egypt"
| | |
Gary Roskin
Roskin Gem News Report
When most people think "High Jewelry," they imagine flawless diamonds, Kashmir sapphires, Burmese rubies, or Colombian emeralds.
Van Cleef & Arpels has something else in mind.
Lapis lazuli.
Turquoise.
Coral.
Black onyx.
Malachite. Chrysoprase.
Those are hardly the gem materials one would expect to headline a High Jewelry collection. Yet in Van Cleef & Arpels' newest Fascinating Egypt collection, they become hieroglyphs, winged scarabs, temple columns, Egyptian goddesses, and some of the most imaginative jewels the maison has produced in years.
This summer, Van Cleef & Arpels is exploring more than a century of Egyptian-inspired design in two complementary presentations: Fascinating Egypt, its new High Jewelry collection in Paris, and a remarkable exhibition at Vienna's MAK Museum featuring more than 300 historic Van Cleef & Arpels creations—many reacquired over the years and rarely seen by the public.
Together, they demonstrate a lesson every gemologist understands: exceptional jewelry isn't defined solely by rare and expensive gem materials.
Imagination, design, lapidary skill, craftsmanship, and expert setting can transform familiar ornamental gem materials into unforgettable masterpieces.
Take a tour through more than a century of Van Cleef & Arpels' Egyptian-inspired design.
| | |
American Gem Trade Association
| | |
GemGuide Updates Old European Diamond Prices
Price adjustments reflect a maturing specialty market
| | |
Gary Roskin
Roskin Gem News Report
GemGuide has updated its Old European-cut diamond pricing charts, lowering values across all size categories.
◈
For a period of time, exceptionally strong demand pushed Old European-cut diamonds (OECs) to very high premiums.
Today however, while demand remains healthy, those premiums have eased from their peak.
◈
At first glance, lower prices might suggest demand for OECs has softened.
Not so, according to Gemworld International President Stuart Robertson.
In an interview with the Roskin Gem News Report, Robertson explains that the extraordinary premiums seen over the past several years have eased back to more sustainable levels—not because the market has weakened, but because it has matured.
Not All Old Europeans Are Old
Authentic Old European-cut diamonds continue to trade in a specialty market where rarity, authenticity, and historical significance are major drivers of value.
This feature story also explores why authentic period stones command premiums over modern Old European-cuts, and why GemGuide continues to exclude Old Mine-cut diamonds from its pricing guide.
As Robertson explains, "The days of automatically discounting Old Europeans against modern round brilliants are long gone."
Tap here to read Robertson's insights into one of the diamond market's most specialized categories - Old European Cuts.
| |
De Beers
How Did We Go From $39 Billion to $1 Billion?
The Answer Lies in the Headlines
| | |
Gary Roskin
Roskin Gem News Report
For more than two years, the headlines about De Beers have come quickly...
▻ A $39 billion takeover bid for Anglo American by BHP... ▻ Anglo American rejects BHPs bids (plural) ▻ Anglo American puts De Beers up for sale... What?
▻ Diamond production reductions, pauses, ...
▻ Billions of dollars shaved off Anglo American's valuation of De Beers (aka: "write-downs"...)
▻ African Governments enter the negotiations...
▻ Former De Beers CEO Gareth Penny returns as a potential buyer...
▻ Multiple Reports of a $1 billion consortium...
◈
Individually, each of these headlines reported the news.
Together, they reveal how one of history's most iconic diamond companies found itself at the center of forces no one company could control.
Let's begin with the takeover bid.
$39 Billion?
It didn't start with a $39 billion offer for De Beers.
It started with a $39 billion offer for Anglo American.
That's a huge difference.
When BHP launched its unsolicited takeover bid in April 2024, its objective was clear. The company wasn't pursuing Anglo American because of diamonds. It wanted Anglo American's world-class copper mines, one of the mining industry's most valuable strategic assets.
Diamonds came with the package—a brilliant bonus, but they were never the real jewel of the deal.
Tap here to follow the headlines—
and discover how De Beers went from
being part of a $39 billion takeover bid
to reports of a possible $1 billion deal.
| |
Tariffs Again?
Making Sense of the Latest Changes Affecting Gem Imports into the U.S.
AGTA's latest tariff updates
with translation of government speak into plain English provided by the Roskin Gem News Report
| | |
Just when many in the gem trade thought they
finally understood the last round of U.S. tariffs...
the tariffs have changed again.
Gary Roskin
Roskin Gem News Report
The latest U.S. tariff announcements in late July have once again reshuffled the rules for importing gemstones. But unlike a simple across-the-board tariff, the same gemstone can now be treated very differently depending on where it comes from.
So we got out the loupe and took a closer look.
◈
Some gemstone imports remain exempt, while others now face tariffs of 10%, 12.5%, or even 25%. And if current proposals move forward, Canadian imports could face tariffs as high as 50%!
For example, Brazil now faces a 25% tariff on polished loose colored gemstones.
Thailand and Vietnam face 12.5%. India and Sri Lanka 10%.
If you're having trouble keeping track of all the changes, you're not alone.
With the help of AGTA's updates and reports—and conversations with AGTA President Bruce Bridges—we dug into the details, translated the government language into plain English, and examined what these latest tariff changes actually mean for U.S. gem importers.
Along the way, we also explain how AGTA continues to lead the industry's efforts in Washington—not only keeping the global gem trade informed about rapidly changing U.S. tariff policies, but also pursuing a permanent solution that would eliminate the need to revisit this issue every time trade policy changes.
Tap here before your next shipment crosses the border.
| | AGA's Celebrity Interview | | |
2026 Celebrity Gemologist Interview
Christopher Smith
of American Gemological Laboratories
Tuesday, August 18, 2026
10am PDT
| | |
Christopher P. Smith, President and Chief Gemologist of American Gemological Laboratories (AGL), is one of the world's leading authorities on colored gemstones, with more than 35 years of leadership in gemological research and laboratory science.
Join Stuart Robertson, President of Gemworld International, renowned gemstone pricing expert, and Past President of the Accredited Gemologists Association (AGA), as he interviews Chris in a compelling discussion on the science, challenges, and future of gemology.
Tap here for all the details!
| | |
66th ACE©it Mid Year
Virtual Education Conference
September 5-6, 2026
| | |
The National Association of Jewelry Appraisers Announces...
NEW Dates: September 5 & 6 with ...
an International Team of Speakers for the Association’s 66th ACE©IT Fall Webinar Conference!
For its 2026 Fall Conference, NAJA has brought together an international team of speakers that includes both familiar favorites and exciting new voices. Each presentation is designed to deliver practical, real-world information—paired with interactive Q&A—that members can put to work in their appraisal practices right away.
◈
Saturday, September 5
Garnet Through the Ages: The Story of an Underrated Gemstone ● Celine Rose David, FGA
Understanding Art Jewelry ● Caitlin St. John, GIA GG
AI for Jewelry Appraisers: How It Works, How to Use It, and Knowing the Limits ● Trang Pham, GIA GG
250 years of American Jewels since American Independence ● Duncan Parker, FGA
◈
Sunday, September 6:
Don’t forget to look … You might miss a composite in the wild! ● Kerry Gregory, FGA
Oh, What a Find! ● Eileen Eichhorn, GIA GG
Dissent as Patriotism: Jewelry as a Quiet Act of Resistance in the United States ● Nicholle Mogavero, GIA GG
Post-Loss Jewelry Appraisals – A forensic approach to valuing jewelry that no longer exists ● Scott Papper, GIA GG
◈
Tap here for more details and link to register for the event!
| |
A Gemmology Workshop
That Had Everyone Playing Along
Who Knew a Polariscope Could Be This Much Fun?
| | |
by Emily “D.D.” Frontiere
Contributing Editor
for the Roskin Gem News Report
Most gemology presentations involve taking notes.
This one involved turning off the lights, pulling out an improvised polariscope, and seeing who could spot writhing snakes, tabby extinction, bull's-eyes, airy spirals... and the occasional, "Wait... am I looking at it upside down?"
At the AGA Tucson Conference this past February, newly announced Alan Hodgkinson Medal recipient Kerry Gregory didn't just talk about the polariscope—she put one in everyone's hands.
Attendees of the session received a kit containing ten carefully selected gemstones, polarizing filters, a light source, and Gregory's Taylor-Gregory conoscope. Then the room came alive as everyone followed along together, discovering the optical behavior of different gemstones in real time.
What looked like a simple exercise was anything but. Gregory and her team sorted through more than 14,600 gemstones to assemble identical sets containing only the "friendly" examples that would reliably display the desired optic figures. They tested batteries, filmed instructional videos, and spent nearly two full days preparing the workshop—all so every participant could enjoy the same learning experience.
"The result was one of the most engaging, practical, and genuinely enjoyable gemology workshops I've seen," says DD Frontiere. It wasn't simply a lecture about a tool many gemologists admit they rarely use—it was an opportunity to build confidence with it.
Frontiere takes us inside this hands-on presentation, explains why the humble polariscope remains one of gemology's MVI—Most Valuable Instruments, and shows how Kerry Gregory transformed one of gemology's most intimidating tools into one of its most engaging learning experiences.
Tap here to see why Kerry Gregory's play-along polariscope workshop had everyone talking.
| | |
Upcoming Trade Shows & Events
| | |
AUGUST
The 23rd annual Australian Opal Exhibition
Trade Only
Southport, Queensland, Australia
– August 5-6, 2025
Time & Shine Jewellery Trade Show
Edmonton, Alberta, Canada
– August 16-17, 2026
The International Jewellery & Watch Fairs
Sydney, Australia
– August 22-24, 2026
Japan Jewellery Fair – Informa Markets
Tokyo, Japan
– August 26-28, 2026
SEPTEMBER
The Jewellery Show
Olympia, London, UK
– September 2-3, 2026
JOGS
Tucson, Arizona
– September 3-6, 2026
VicenzaOro
Vicenza, Italy
– September 4-8, 2026
NEW DATE
66th NAJA ACE©it
Mid Year Virtual Education Conference
September 5–6, 2026
Bangkok Gems & Jewelry Fair
Queen Sirikit National Convention Center, Bangkok, Thailand
74th Edition – Bangkok, Thailand
– September 8-12, 2026
HardRock Summit
Westminster, Colorado, USA
– September 10-13, 2026 (inside)
– September 10-18, 2026 (outside)
Jewellery & Gem World Hong Kong – Informa Markets
Hong Kong, China
NEW DATES
– September 14-18, 2026 AWE
– September 16-20, 2026 HKCEC
September 14-17, 2026
Omni Orlando Resort at ChampionsGate
Orlando, Florida, USA
Madridjoya
Madrid, Spain
– September 24-27, 2026
InStore – Chicago
Chicago (Rosemont), Illinois, USA
– September 27-28, 2026
Tap here for the full year global trade show calendar
| | |
◈
TOP NEWSLETTER FEATURES
FROM OUR LAST REPORT
◈
| | |
#1.) Gemstone Fracture Filling
Labs Find It in Ruby, Tourmaline, Spinel and Garnet
Are You Still Just Checking Emeralds?
Gary Roskin
Roskin Gem News Report
"We are seeing oiled stones outside of emerald every single day in the lab, and yet there is so little awareness about it in the market." – E Billie Hughes, Lotus Gemology, Bangkok
That comment came just days after the SSEF issued a Trade Alert warning that some emeralds are being cleaned, submitted to laboratories, and then re-filled before being sold with an earlier lab report. (And that's not new either!)
The SSEF alert focused specifically on fracture-filled emeralds.
But Billie Hughes pointed us in another direction.
How often are laboratories finding fracture filling in gemstones other than emerald?
The answer surprised us.
After speaking with GIA, SSEF, Gübelin, AGL, and Lotus Gemology, the message was remarkably consistent.
Fracture filling isn't just an emerald treatment. It's a fracture treatment.
Perhaps it's time we stopped thinking of fracture filling as an emerald issue. We routinely examine every gemstone to determine whether it's natural or synthetic. Perhaps it's also time we routinely examine every gemstone to determine whether it's been fracture filled.
Tap here to see why leading gemological laboratories say it's time to look beyond emeralds.
| | |
#2.) The Bride of Frankenstein Necklace
A Masterclass in Jewelry Provenance
Movie Memorabilia and Jewelry Heritage Auctions
Gary Roskin
Roskin Gem News Report
A chance discovery in a Berkeley antique shop became an eight-decade provenance investigation—showing how research can become the most valuable part of a piece of jewelry.
Finding Hollywood History
What would you do if you walked into an antique shop and found an unusual old necklace? Would you ever imagine that it had been worn in one of Hollywood's classic movies?
Maybe you'd admire it? Buy it? Walk away? (I'm not paying THAT for some hand-painted glass necklace.)
But Not Tara
Vintage collector and costumer Tara Rech did something else. She asked a question.
"What is this necklace trying to tell me?"
The answer would take years to uncover and would ultimately trace the necklace back to one of the most recognizable actresses in horror film history—Elsa Lanchester—and to one of the most celebrated horror films ever made, Bride of Frankenstein (1935), starring Boris Karloff as "the monster."
Elsa Lanchester had a long stage and screen career as well. Not quite the household name as Karloff, but in Bride of Frankenstein, she made a name for herself.
The necklace wasn't a studio prop. It was hers. Which made searching through movie prop lists both time-consuming—and necessary.
Tap here to see how one collector turned a hunch into documented Hollywood history —and of course we have the auction results too!
| | |
#3.) Musée Lalique Robbery
$5 Million Heist Targets René Lalique Masterpieces
French authorities have released few details about the July 5 burglary.
Here's what has been reported—and why the reported loss
of even a single Lalique masterpiece would be significant.
Reports identify one iconic Art Nouveau jewel (seen here) among the works believed stolen, but French authorities are keeping the full inventory under wraps.
Just after dawn on Sunday morning, July 5, three masked thieves forced their way into the Musée Lalique in Wingen-sur-Moder, France, smashed six display cases, and escaped with what has been reported as approximately €4 million (about US$5 million) worth of René Lalique jewelry.
According to multiple published reports, the robbery lasted only about eleven minutes.
Beyond those basic facts, however, relatively little has been officially confirmed.
The Musée Lalique has not released a complete inventory of the missing works, and French investigators have likewise declined to identify the stolen objects individually as the investigation continues.
Tap Here to read the latest in this development
| | |
Mayer & Watt
Bear Essentials
The Arkenstone
Lotus Gemology
Michael Goldstein
Heritage Auctions Gemworld International
Sparkles and Colors USA
Australian Opal Exhibition
The American Gem Society American Society of Appraisers
GIA - Gemological Institute of America
CGA - Canadian Gemmological Association
AGTA - the American Gem Trade Association
GAA - Gemmological Association of Australia
AGA - the Accredited Gemologists Association
Gem-A - Gemmological Association of Great Britain
NAJA - the National Association of Jewelry Appraisers
| | |
What do we have for you this week?
This week's Roskin Gem News Report travels from billion-dollar boardrooms to museum vaults, from antique diamonds to Ancient Egypt—and even into a gemology classroom where everyone gets to play along.
We begin with the remarkable story of De Beers, tracing how the company went from being discussed as part of a $39 billion takeover bid to reports valuing it at roughly $1 billion, and why the headlines only make sense when viewed together.
If you've been trying to keep up with the ever-changing U.S. tariff announcements, we've translated the latest developments into plain English, explaining what they mean for diamonds, colored gemstones, pearls, and the jewelry trade.
GemGuide has revised its pricing for Old European-cut diamonds, lowering values across all sizes. We examine why prices have changed, why the market remains healthy, and why authentic Old European cuts continue to occupy a category all their own.
Nine months after the Louvre Crown Jewels heist, two of the accused thieves have begun talking. They've revealed new details about how the robbery unfolded—but they're still refusing to answer the one question everyone wants answered: Where are the jewels?
From Paris we travel to Vienna, where Van Cleef & Arpels demonstrates that inspiration never goes out of style. Historic Egyptian Revival masterpieces and the maison's newest High Jewelry creations reveal how extraordinary design can transform even familiar gem materials.
Education continues with a preview of the National Association of Jewelry Appraisers' 66th ACE©IT Fall Webinar Conference, featuring an international roster of speakers and practical sessions designed for working appraisers.
And finally, we head back to the AGA Tucson Conference, where Kerry Gregory turned gemology into an interactive experience with her memorable hands-on polariscope workshop—proving that some of the best lessons are the ones you experience for yourself.
We hope you enjoy this week's edition—and as always, thank you for reading.
◈
If there is anything you want us to cover, let us know!
Our email address is Gary@RoskinGemNews.com
- or you can text us at +1-610-269-0121 (good for WhatsApp too!)
That's all for now from here!
Keep in touch. We’d love to hear where you’ve been and what gems you’ve discovered!
As always, we will continue to post features on the website, so feel free to log on to the Roskin Gem News Magazine any time: www.RoskinGemNewsReport.com
| | |
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
| | |
The Roskin Gem News Report, Newsletter and online Magazine, is your one-stop destination for all current global gem news.
You are receiving this newsletter because you were most likely already on our subscribers list or we picked up your business card somewhere along the way. We would love for you to remain a subscriber. To do so, please tap the subscribe button and complete the form.
If you wish to be removed from our mailing list, please tap the unsubscribe line below and complete the form.
If you feel your membership association, club, or school would find value in this free report, please let us know. Contact information is provided below.
| | |
Roskin Gem News
www.RoskinGemNewsReport.com
+1(610) 269-0121 text/call/WhatsApp
| 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 | |
|
Hardcopy mail correspondence:
Roskin Gem News
256 Eagleview Blvd., suite 357
Exton, PA 19341 USA
Copyright 2026
| | | | |