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A major grading lab acquisition and the retirement of a top Rolex executive were among the developments in the watch and jewelry industry last week.
Fosun, which made a bid for Gemfields last year, now owns an 80 percent stake in the diamond grading lab.
The 3.35-carat stone had a natural beryl core; glass layers were attached to it with a “colorless cement.”
Jim Duffy is the new general manager of Tracr, which is being designed to chart a diamond’s journey from mine to market.
The stone had been broken in half and put back together with an “unknown adhesive,” and couldn’t be graded by the Carlsbad lab.
A grading report warning from Thailand, a half-year top 10 countdown, De Beers moves a bunch of elephants and more.
They look identical to genuine AIGS reports but have working QR codes that take users to a different website.
Experts in geology, mineralogy, diamond formation and other related fields will present their findings.
National Jeweler

Fine Jewelry Industry News

Since 1906, National Jeweler has been the must-read news source for smart jewelry professionals--jewelry retailers, designers, buyers, manufacturers, and suppliers. From market analysis to emerging jewelry trends, we cover the important industry topics vital to the everyday success of jewelry professionals worldwide. National Jeweler delivers the most urgent jewelry news necessary for running your day-to-day jewelry business here, and via our daily e-newsletter, website and other specialty publications, such as "The State of the Majors." National Jeweler is published by Jewelers of America, the leading nonprofit jewelry association in the United States.