De Beers’ rough diamond sales were down 18 percent year-over-year in its latest round of sales.
AGS jeweler latest to start accepting Bitcoin
Prompted by a request from customers, H.L. Gross & Bro. Jewelers, an American Gem Society member store that’s been in operation for 104 years, has started accepting bitcoin on its e-commerce site, Since1910.com.
Garden City, N.Y.--Prompted by a request from customers, H.L. Gross & Bro. Jewelers, an American Gem Society member store that’s been in operation for 104 years, has started accepting bitcoin on its e-commerce site, Since1910.com.
The retailer, whose physical store is located in Garden City on New York’s Long Island, said its decision to start taking the digital currency came about as the result of requests from customers.
Bitcoin is a decentralized digital currency. It is essentially digital coins that are transferred from person to person over the web without going through a third party, such as a bank. Just like other forms of currency, the value of bitcoin fluctuates with the market.
The news that H.L. Gross will begin accepting the digital currency online comes just a week after Reeds Jewelers, a 64-store chain with headquarters in Wilmington, N.C., announced that it had begun taking bitcoin both online and in its stores. The retailer said its physical stores would use tablet computers to facilitate bitcoin transactions.
RELATED CONTENT: Jewelry chain to accept Bitcoin for payment
H.L. Gross & Bro. Jewelers is a fifth-generation jewelry store that first opened in 1910, hence the name of its e-commerce site. Three generations work together at the store currently. Michael Gross is president, while Brad Gross is vice president and Helene Gross is treasurer.
H.L. Gross & Bro. Jewelers is an AGS member store.
The Latest
Sponsored by the Las Vegas Antique Jewelry & Watch Show
The Patek Philippe expert will serve as personal curator for the brand-focused company.
With Ho Brothers, you can unlock your brand's true potential and offer customers the personalized jewelry experiences they desire.
The 553-square-foot shop is aboard the Carnival Jubilee cruise ship.
NDC filed a complaint against Skydiamond for use of phrases like “diamonds made entirely from the sky.”
John Carter received the AGS’s highest honor Tuesday afternoon at Conclave in Austin, Texas.
For over 30 years, JA has advocated for the industry, fought against harmful legislation and backed measures that help jewelry businesses.
LVMH said the company performed well despite an uncertain geopolitical and economic environment.
B&D Sales and Service held a ribbon-cutting event for its new location in Cranston, Rhode Island.
It’s ultra-feminine and filled with gold, pearls, and soft pastels.
Emily Highet Morgan and Emily Bennett have joined the agency’s team.
Its updated book for mountings is also now available.
She has been with the organization since 2010, most recently serving as its chief officer of PR and industry relations.
He is remembered by loved ones for his loyalty, integrity, and kindness.
Hosted by Freeman’s | Hindman, the sale will take place May 7-8.
The auction house said all 24 timepieces offered in its underground sale of rare and avant-garde watches quickly found buyers.
From lab-grown diamonds and AI to the inevitable Taylor Swift mention, here are some of Conclave’s most intriguing educational offerings.
From cybersecurity liability to trade show coverage, insurance experts share tips on how to build the right policy.
The charm is a modern rendition of the evil eye amulet that has been worn for thousands of years.
Ahead of its trade show next month, TJS awarded free registration and accommodations to one jewelry professional and three students.
By the end of this year, SRK’s diamond manufacturing complexes will achieve net zero emissions, one of an impressive array of achievements.
Members can still sell lab-grown stones, it said, but only natural gems are allowed on the show floor.
He is remembered for his charisma, passion, integrity, kindness, and wit.
The retailer also appointed two new board members, avoiding a proxy fight from a potential buyer.
The bridal collection consists of 35 engagement rings and seven wedding bands.
The crown introduced a dozen timepieces in Geneva, including a heavy metal version of its deep-sea divers’ watch.