De Beers’ rough diamond sales were down 18 percent year-over-year in its latest round of sales.
Son of Austin Jeweler Charged in Murder-for-Hire Plot
Authorities allege that Nicolas Patrick Shaughnessy and his wife, Jaclyn Alexa Edison, hired the suspect who killed Gallerie Jewelers owner Ted Shaughnessy.
Austin, Texas--Authorities in Texas have arrested the son and daughter-in-law of the longtime Austin jeweler murdered in a home invasion back in March, alleging they hired a hitman to kill his parents for financial gain.
The Travis County Sheriff’s Office said May 29 that 19-year-old Nicolas Patrick Shaughnessy and his wife, Jaclyn Alexa Edison, also 19, have been charged with criminal solicitation to commit capital murder, a first-degree felony.
The couple is alleged to have hired someone to murder Theodore (Ted) and Corey Shaughnessy so they could collect the $2 million in insurance that would come to Nicolas in the event of his parents’ deaths, the arrest affidavit shows, citing text messages exchanged between Nicolas and Jaclyn as part of the evidence.
The suspect, or suspects, hired to do the killings entered the Shaughnessy’s home in Austin in the early morning hours of March 2.
According to the affidavit, Corey Shaughnessy told investigators that she and her husband were awoken around 4 a.m. by the sound of their dogs barking.
Ted grabbed his handgun and got up to investigate. Less than a minute later, Corey heard gunfire so she grabbed her handgun and got up too.
She and the intruder exchanged gunfire until she ran out of ammunition; it is believed the suspect was injured in the exchange, authorities said. Corey then hid in the closet and called 911, remaining there until police came.
When deputies arrived on the scene, they discovered the body of 55-year-old Ted Shaughnessy with multiple gunshot wounds. He was pronounced dead on the scene at 5:14 a.m., the affidavit states.
Kristen Dark, a public information officer for the Travis County Sheriff’s Office, confirmed Tuesday that the suspect, or suspects, involved in the shooting are still at large.
Following Shaughnessy’s death, the family’s store, Gallerie Jewelers, was closed for a period of time but announced on Facebook April 27 it would be reopening May 1 and that Nicolas would be carrying on his father’s legacy at the store.
Gallerie Jewelers is an American Gem Society member store that has been in business since December 1995, according to its website, and was headed by Ted, who was an AGS Registered Jeweler (RJ), and Corey, who is a Certified Gemologist Appraiser (CGA).
No one answered the phone at the store on Tuesday.
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.
Joyce’s Jewelry sued the bank after cybercriminals drained its accounts of nearly $1.6 million through a series of wire transfers.
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.