As the gold price rises, the manufacturer is offering a 100 percent payout through Sept. 30 for gold clean scrap.
Montreaux Jewelry Co-Founder Joseph Schwartz Dies at 90
He opened Montreaux with Irving Katz after repairing watches and making pearl jewelry at the bench.

New York—Joseph Schwartz, who co-founded Montreaux Jewelry after starting his career on the bench, died Dec. 20.
He was 90.
Schwartz, who split his time between Queens, New York and Boca Raton, Florida, started his career repairing watches and making pearl jewelry as a bench jeweler.
Later, he opened his own jewelry company with Irving Katz called Montreaux Jewelry, making high-end 18-karat and platinum jewelry for top retailers and becoming one of the first manufacturers to bring French-style designs to the United States.
Today, his legacy continues—his sons Eric and Owen are, along with Joel Weiss, the founders and operators of Carrera Casting in New York.
Joe and Sheila Papaleo, who worked alongside Schwartz for more than 40 years, described him in the guest book for his online obituary as an “influential icon of the jewelry industry” who was sought out for his insight by jewelers, family and friends.
It was his creativity and innovation that made his company synonymous with “exceptional, artistic elegance,” she wrote, yet he always made sure his employees got the recognition they deserved as well.
“Joe was genuinely gracious. He enhanced us with his thoughtfulness, kindness and caring … He was the best of men. He was the best of friends. We will miss him forever.”
Schwartz was preceded in death by his wife, Rita, whom he was with for 61 years.
He is survived by his sister-in-law, Norma Shapiro; his sons, Owen (Laurie), Eric (Robin) and Billy; grandchildren Ariel and Lewis Silberman, Morgan and Austin Curtis, Dean, Jessie, Miles and Mason; great-grandchildren Violet and Sadie Silberman, and Chloe Curtis; and his “girlfriend,” Marilyn Cohen.
The Latest

Jacob & Co. partnered with the German technology company on two pairs of headphones, one set with diamonds and the other with sapphires.

Guillermo del Toro’s 2025 “Frankenstein” will feature 27 jewels and objects from the storied brand, including pieces from its archives.

With their unmatched services and low fees, reDollar.com is challenging some big names in the online consignment world.

The Waldorf Astoria New York’s grand reopening this past summer means a homecoming for the industry group’s annual event.


Anglo plans to merge with Teck Resources Ltd. to form Anglo Teck. The deal changes nothing about its plans to offload De Beers.

The 9.51-carat fancy vivid blue diamond, which set two world auction records at Sotheby’s in 2014, is estimated to fetch up to $30 million.

Jewelers of America is leading the charge to protect the industry amidst rising economic threats.

The industry veteran joins the auction house as it looks to solidify its footprint in the jewelry market.

The nonprofit awarded four students pursuing a professional career in jewelry making and design with $2,250 each.

The two organizations have finalized and signed the affiliation agreement announced in May.

The single-owner sale will headline Sotheby's inaugural jewelry auction at the Breuer building, its new global headquarters, this December.

From sunrise yoga to tariffs talks, these are some events to check out at the upcoming inaugural event.

Smith recalls a bit of wisdom the industry leader, who died last week, shared at a diamond conference years ago.

The “Victoria” necklace features a labradorite hugged by diamond accents in 18-karat yellow gold.

Two lower courts have moved to block the import taxes, which will remain in place as the legal battle continues.

The Kansas City Chiefs quarterback shares Hublot’s dedication to pursuing greatness, the Swiss watchmaker said.

The Type IIa stone, recovered from Botswana’s Karowe diamond mine last month, features unique coloration.

Breitling is now the NFL’s official timepiece partner, a move that puts the brand in front of the millions of Americans who watch football.

NYCJAOS is set for Nov. 21-23 in New York City’s Chelsea neighborhood.

U.S.-based investment company SMG Capital LLC is the new owner of the luxury brand.

A new court filing details the locations of the stores that will close, as well as the 830 that will remain open.

The new catalogs are “Tools, Equipment, & Metals” and “Findings & Metals.”

Sapphire’s variety of colors make it the perfect birthstone for September.

The retailer has raised its guidance after seeing total sales increase 3 percent in the second quarter, beating expectations.

Niccolò Rossi di Montelera, executive chairman of the board, was appointed as interim CEO.