Editors

3 Lessons from Lafayette

EditorsApr 08, 2016

3 Lessons from Lafayette

From the large sums of money that can be recovered from carpeting to the trichroism of tanzanite, Editor-in-Chief Michelle Graff shares what she learned over her weekend at Stuller headquarters.

20160408_Stuller-blog.jpg
One of the educational sessions held at Stuller headquarters over the weekend during its annual Bench Jeweler Workshop.

Last week, I made my first trip to Lafayette, La., headquarters of Stuller, the country’s largest jewelry manufacturer.

The kind folks at Stuller invited me down for their annual Bench Jeweler Workshop that, for the first time, included a Battle of the Benches.

When I wasn’t on the demo floor watching the four bench jewelers battle it out, I slipped into the side rooms for educational sessions on diamonds, gemstones and refining, all of which were great.

Here are just a few of the things I learned. 

Jewelers might have thousands of dollars trapped in their carpets.
At the suggestion of National Jeweler Publisher Matthew Tratner, I attended a Saturday afternoon seminar on maximizing precious metal recovery profits with Dave Siminski of United Precious Metals and was very glad I did. 

Part of Siminski’s presentation focused on how jewelers should handle the low-grade material that’s left behind around the bench--bench sweeps, filings and grindings, polishing dust, floor sweeps and carpeting.

Carpeting, Siminski said, is the “biggest thing going right now.”

He said he recently picked up 6,000 pounds of carpeting that had been in a jewelry-making facility in Tennessee for three years that yielded 90 ounces of precious metals. At today’s current gold price ($1,237) that works out to be more than $110,000 found amongst the fibers.

Siminski’s lesson here: “Never throw out the carpet.”

Precious metals also can be found in the ceiling tiles, around the air ducts, on linoleum tile and even on the paper towels people use to wash their hands after making jewelry or clean up the area around the bench. Those paper towels, Siminski said, can be added to the floor sweeps.

He also advised jewelers to install something in their sink to prevent loss, such as the Magic Drain Trap, and have a sticky mat like the Gold Mat to grab precious metals from the soles of employees’ shoes.

Siminski’s overall message: There’s money to be had in any area where a jeweler is making or repairing jewelry, so don’t just throw out things.

“There is no waste in precious metals,” he said.

STOP before identifying colored gemstones.
On Friday afternoon I went to the Basic Gemstone Identification course hosted by Gary Venable, Stuller’s gemstones senior product manager, and Harold Dupuy, the vice president of strategic analysis. Colored gemstones aren’t my beat around here (that honor belongs to my senior editor, Brecken)

but I love learning about them just the same.

The basic message of the presentation was when going to identify a colored gemstone, don’t start out with the answer (which is also sage advice for journalists when they start working on a story.)

Venable and Dupuy preached the STOP method when preparing to analyze a stone: Stop, Think, Observe, Proceed.

Also, here are two fun did-you-knows I picked up from the gemstone presentation.
--
Iolite was once also known as “water sapphire” because of its strong pleochroism. It can look blue, like sapphire, from one side and clear from another angle.  

--Tanzanite exhibits trichroism. If you see only two colors in tanzanite rough, then it’s been treated.

I am not good at grading diamonds for clarity.
I do, however, seem to have a knack for color grading.

Also on Saturday, I had the chance to attend Carl Lehnhardt’s afternoon session on Basic Diamond Grading, which I really enjoyed.

The session was divided into two parts. Lehnhardt began by giving a rundown on the four Cs and the history of diamond grading in general. After his presentation, diamonds were distributed and those in the class got to try their hand at assigning color, clarity and cut grades to the stones.

For those of you who don’t know him, Lehnhardt is Stuller’s diamond buyer who has decades of experience in the industry and is a fount of knowledge on the diamond market. (Later that same afternoon, Lehnhardt presented a Diamond Market Recap alongside Stuller Vice President of Diamonds and Gemstones Stanley Zale; I’ll be writing more on that later.)

Here are a few fun did-you-knows I picked up during Lehnhardt’s presentation.
--The two types of crystal inclusions you will see in diamonds are red (garnet) and green (peridot).

--GE was the first company to successfully grow a diamond in the lab, achieving this feat in the mid-1950s. It was, however, an industrial diamond. Gem-quality lab-grown diamonds did not come around until the 1970s, and the first one was made in Japan.

--All lab-grown diamonds are Type IIa, meaning they are void of nitrogen and boron. (Type IIb diamonds are the natural blues. They have no nitrogen impurities but do contain boron, which is what gives them their blue hue.) Only 2 percent of the world’s mined diamonds are Type IIa, which means if a diamond is Type IIa, then it needs to be further tested to ensure it’s not lab grown. Try as they might, the world’s diamond growers have not, to anyone’s knowledge, been able to grow a Type I diamond--yet.

Have a great weekend everyone!

Editor's Note: This post was updated on April 8, 2016 to note that Dave Siminski picked up 6,000 pounds of carpeting from a facility in Tennesse, not six, as was previously stated.
Michelle Graffis the editor-in-chief at National Jeweler, directing the publication’s coverage both online and in print.

The Latest

Adam Levine and Behati Prinsloo modeling Jacquie Aiche’s Rebel Heart collection
CollectionsApr 22, 2024
Jacquie Aiche’s New Campaign Stars Adam Levine, Behati Prinsloo

The “Rebel Heart” campaign embodies rebellion, romance, and sensuality, the brand said.

Virtual Diamond Boutique
SourcingApr 22, 2024
Virtual Diamond Boutique Rebrands as ‘VDB’

The overhaul includes a new logo and enhanced digital marketplace.

Signet Jewelers employees and St. Jude Children’s Research Hospital
MajorsApr 22, 2024
Signet Raises Nearly $9M for St. Jude Children’s Research Hospital

The money will go toward supporting ongoing research and aftercare programs for childhood cancer survivors.

1-(3.18).JPG
Brought to you by
The Blueprint for Success in Scalable, Personalized Jewelry Retail

With Ho Brothers, you can unlock your brand's true potential and offer customers the personalized jewelry experiences they desire.

Retrouvaí’s Treasure Necklace
CollectionsApr 19, 2024
Piece of the Week: Retrouvaí’s Treasure Necklace

A new addition to the “Heirloom” collection, this one-of-a-kind piece features 32 custom-cut gemstones.

Weekly QuizApr 19, 2024
This Week’s Quiz
Test your jewelry news knowledge by answering these seven questions.
Take the Quiz
Stock image crime handcuffs
CrimeApr 19, 2024
Grand Jury to Hear Case Against Jeweler Charged in Fatal Shove Following IJO Show

Last month in Dallas, David Walton pushed another jeweler, David Ettinger, who later died.

China Pearl collage
MajorsApr 19, 2024
Unique Designs Acquires China Pearl

The move will allow the manufacturing company to offer a more “diverse and comprehensive” range of products.

Jewelers of America Fly In Washington, D.C.
Brought to you by
How Jewelers of America Represents Your Business

For over 30 years, JA has advocated for the industry, fought against harmful legislation and backed measures that help jewelry businesses.

Printed and digital AGS Ideal grading reports
GradingApr 19, 2024
AGS Ideal Report Now Available in Printed Form

From now through mid-May, GIA will be offering the reports at a 50 percent discount.

Stock image of a polished diamond in tweezers
SourcingApr 18, 2024
Diamond Trade Remains Cautious Amid Economic Uncertainty

De Beers’ rough diamond sales were down 18 percent year-over-year in its latest round of sales.

LVAJWS24_carousel_images_1872x1052_1.jpg
Supplier BulletinApr 18, 2024
Discover History’s Hidden Gems at the Las Vegas Antique Jewelry & Watch Show

Sponsored by the Las Vegas Antique Jewelry & Watch Show

Kelly Yoch
WatchesApr 18, 2024
Watch E-tailer Collectability Hires Kelly Yoch

The Patek Philippe expert will serve as personal curator for the brand-focused company.

Interior of TAG Heuer Boutique on Carnival Cruise Ship
WatchesApr 18, 2024
TAG Heuer Opens Its Largest Standalone Boutique at Sea

The 553-square-foot shop is aboard the Carnival Jubilee cruise ship.

 Stock image of a gavel
Policies & IssuesApr 17, 2024
NDC Prevails in U.K. Case Over Lab-Grown Diamond Advertising

NDC filed a complaint against Skydiamond for use of phrases like “diamonds made entirely from the sky.”

John Carter, 2024 Shipley Award winner
Events & AwardsApr 17, 2024
And the 2024 Winner of the Shipley Award Is …

John Carter received the AGS’s highest honor Tuesday afternoon at Conclave in Austin, Texas.

Visual from Tiffany & Co.’s With Love Since 1837 campaign
FinancialsApr 17, 2024
LVMH’s Q1 Jewelry Sales Fall 5%

LVMH said the company performed well despite an uncertain geopolitical and economic environment.

 B&D ribbon cutting in RI
MajorsApr 17, 2024
Stuller’s B&D Opens New Headquarters

B&D Sales and Service held a ribbon-cutting event for its new location in Cranston, Rhode Island.

Model Wearing Eat Cake Collection
CollectionsApr 16, 2024
Akaila Reid Launches ‘Eat Cake’ Collection

It’s ultra-feminine and filled with gold, pearls, and soft pastels.

Emily Highet Morgan, Emily Bennett
MajorsApr 16, 2024
Loudr Adds 2 Directors

Emily Highet Morgan and Emily Bennett have joined the agency’s team.

Stuller catalogs
MajorsApr 16, 2024
Stuller Releases First Lab-Grown Diamond Jewelry Catalog

Its updated book for mountings is also now available.

Headshot of Karen Rentmeesters
SourcingApr 16, 2024
Karen Rentmeesters Takes Over as Interim CEO of AWDC

She has been with the organization since 2010, most recently serving as its chief officer of PR and industry relations.

Joyce’s Jewelry
TechnologyApr 15, 2024
Judge Rules Jeweler’s Lawsuit Against PNC Bank Can Move Forward

Joyce’s Jewelry sued the bank after cybercriminals drained its accounts of nearly $1.6 million through a series of wire transfers.

Alfred W. DeScenza
IndependentsApr 15, 2024
Alfred W. DeScenza of DeScenza Diamonds Dies at 95

He is remembered by loved ones for his loyalty, integrity, and kindness.

Madeleine K. Albright
AuctionsApr 15, 2024
Madeleine K. Albright Jewelry, Pins Coming to Auction

Hosted by Freeman’s | Hindman, the sale will take place May 7-8.

Audemars Piguet circa 1985 emerald car watch
AuctionsApr 15, 2024
All of Sotheby’s ‘Rough Diamonds’ Sold in Less Than an Hour

The auction house said all 24 timepieces offered in its underground sale of rare and avant-garde watches quickly found buyers.

AGS Conclave 2024 logo Austin
Events & AwardsApr 15, 2024
10 Can’t-Miss Sessions at AGS Conclave 2024

From lab-grown diamonds and AI to the inevitable Taylor Swift mention, here are some of Conclave’s most intriguing educational offerings.

My Next Question webinar
Recorded WebinarsApr 12, 2024
Watch: What Jewelers Need to Know About Insurance

From cybersecurity liability to trade show coverage, insurance experts share tips on how to build the right policy.

×

This site uses cookies to give you the best online experience. By continuing to use & browse this site, we assume you agree to our Privacy Policy