Policies & Issues

FTC Extends Deadline for Jewelry Guide Comments

Policies & IssuesMar 03, 2016

FTC Extends Deadline for Jewelry Guide Comments

Those looking to respond to or comment on the Federal Trade Commission’s proposed changes to its jewelry guides now have an extra two months to do so.


New York--The Federal Trade Commission has agreed to the Jewelers Vigilance Committee’s request for an extension on the deadline to file comments about the latest proposed changes to the jewelry guides.

The new deadline is now June 3, which gives potential commenters an extra two months. (The original deadline was April 4.)

The FTC’s guides for the jewelry industry dictate the terms that can, and cannot, be used to market jewelry.

Recently, the FTC issued proposed revisions to these guides--which are not final--and invited members of the public who want to make comments on these changes to do so.

The current draft of revisions is available on FTC.gov, and comments can be registered on the FTC web site as well.

Comments also can be mailed to: Federal Trade Commission, Office of the Secretary, 600 Pennsylvania Ave. NW, Suite CC-5610 (Annex O), Washington, D.C. 20580.

The latest proposals from the FTC include a list of 75 questions to which it has requested answers.

JVC CEO Cecilia Gardner said in January that the JVC and other industry organizations will work on drafting responses to the latest revisions. In addition, the JVC plans to respond directly to a number of requests made by the FTC, including for more metallurgic testing on surface applications and for consumer perception data on surface-coated materials.

A few of the FTC’s proposed changes are outlined below.

1) The use of the term “gold” in connection with alloys
Gardner said current FTC rules do not allow the use of the word gold to refer to any substance that’s less than 10 karats; Tiffany & Co., for example, cannot use the term “gold” in connection with its alloy Rubedo and instead refers it to simply as a metal.

Under the FTC’s proposed changes, the industry would be permitted to use the term gold to refer to alloys but must disclose the karatage of the gold and list the other metals present in the alloy as well.

2) The disclosure of rhodium plating
In its revisions, the FTC is proposing another major change to metals terminology--the disclosure of rhodium plating, which currently is not required.

3) A clarification on lead glass-filled rubies
Gardner said the proposed revisions clarify that the term “lead glass-filled ruby” can be used to refer only to material that contains some measure of red corundum. If the material is non-red corundum and colored glass is added to make it appear red (i.e., to
make it look like a ruby), then it must be described as lead glass-filled corundum.

In addition, the FTC stressed that the seller must disclose any and all information about the special care the material requires.

4) The incorporation of the term “cultured” in reference to lab-grown diamonds
Gardner said when the industry submitted its latest comments on the guides to the FTC back in 2012, it asked the FTC to prohibit the use of the word cultured in connection with lab-grown diamonds. The industry contended that the term should apply only to organic processes, such as the one used for pearls.

The FTC, however, has now proposed incorporating the word cultured into the guides, but only if it is immediately accompanied by the terms lab-grown or lab-created.

5) The use of varietal names
The FTC’s proposed revisions dictate that terms such as “yellow emerald” and “green amethyst” are deceptive and misleading. The gemstones must be described exactly as they are. In the two examples given above, it would be “golden” or “yellow beryl” and “prasiolite.”

The Latest

Brilliant Earth Logan Hollowell jewelry collection
FinancialsMay 15, 2024
Brilliant Earth’s Sales Fall Flat in Q1

While overall sales were sluggish, the retailer said its non-bridal fine jewelry was a popular choice for Valentine’s Day.

The Argyle Phoenix red diamond
AuctionsMay 15, 2024
Red Diamond Breaks Records at Phillips Geneva

“The Argyle Phoenix” sold for more than $4 million at the auction house’s second jewels sale.

Jewelers of America 20 Under 40 2024 recipients
Events & AwardsMay 15, 2024
See Who’s in JA’s 2024 ‘20 Under 40’ Class

The annual list recognizes young professionals making an impact in jewelry retail.

Royal Chain gold chains
Brought to you by
Record Gold Prices Have Consumers Undeterred. Here’s Why.

Despite the rising prices, consumers continue to seek out the precious metal.

National Jeweler columnist Peter Smith
ColumnistsMay 15, 2024
Squirrel Spotting: Why Retailers Struggle to Fire Brands

Why do so many jewelers keep lines that are not selling? Peter Smith thinks the answer lies in these two behavioral principles.

Weekly QuizMay 09, 2024
This Week’s Quiz
Test your jewelry news knowledge by answering these seven questions.
Take the Quiz
David Mann jewelry store
IndependentsMay 15, 2024
David Mann Jewelers in Upstate NY to Close After 35 Years

Owner David Mann is heading into retirement.

Rough diamonds from De Beers
SourcingMay 14, 2024
Anglo American Confirms It Is Looking to Sell De Beers

The mining giant also wants to offload its platinum business as part of an overhaul designed to “unlock significant value.”

Header image w logo.jpg
Brought to you by
From Registration to Return: 10 Tips to Protect You Before, During and After a Tradeshow

Tradeshow risks are real. Get tips to protect yourself before, during and after and gain safety and security awareness for your business.

The Yellow Rose and the Allnatt yellow diamonds
AuctionsMay 14, 2024
2 Huge Yellow Diamonds Are Heading to Auction

Christie's is selling one of the diamonds, moving forward with its Geneva jewelry auction despite the cyberattack that took down its website.

Born Leaders Platinum Born campaign
MajorsMay 14, 2024
Platinum Born Taps ‘Born Leaders’ for New Campaign

The ad aims to position platinum jewelry as ideal for everyday wear.

Instappraise Trifold Brochure
GradingMay 14, 2024
Instappraise Adds Trifold Brochure to Appraisal Offerings

Retailers can customize and print the appraisal brochures from their store.

White, pink, and blue lab-grown diamonds from Lightbox
Lab-GrownMay 13, 2024
Lab-Grown Diamond Brand Lightbox Cuts Prices by 25 to 40%

The move follows a price-drop test run in Q4 and comes with the addition of a “quality assurance card” from GIA for some loose diamonds.

Christie’s New York
TechnologyMay 13, 2024
Christie’s Website Brought Down by Hackers, Watch Auction Postponed

The site has been down since Thursday evening, just ahead of its spring auctions.

Madeleine K. Albright’s Patriotic Leopard Brooch
AuctionsMay 13, 2024
Madeleine Albright’s Jewelry, Pins a White-Glove Sale at Freeman’s | Hindman

The late former U.S. Secretary’s collection went for quadruple the sale’s pre-sale estimate.

Zachary’s Jewelers Mother’s Day Jewelry Contest winners
IndependentsMay 13, 2024
Zachary’s Jewelers Names Mother’s Day Jewelry Contest Winners

Three fifth graders’ winning designs were turned into custom jewelry pieces in time for Mother’s Day.

Kimberly Adams Russell
IndependentsMay 10, 2024
Frank Adams Jewelers Names New CEO

Kimberly Adams Russell is taking over the role from her father, David Adams, marking the third generation to hold the title.

Birth of Venus necklace
CollectionsMay 10, 2024
Piece of the Week: Carina Hardy’s ‘Birth of Venus’ Necklace

As a token of womanhood, this necklace depicts when Venus was born from the sea.

Roberto Coin Fleur de Lis jewelry
MajorsMay 09, 2024
Watches of Switzerland Pays $130M for Roberto Coin Inc.

The deal gives the retailer control over the distribution of Roberto Coin jewelry in the U.S., Canada, Caribbean, and Central America.

Lauren K Mosaic necklace
TrendsMay 09, 2024
Amanda’s Style File: Shine Bright, Moms  

Show your mother some love with a piece of fine jewelry.

Kyle Edward Fine Jewelry
IndependentsMay 09, 2024
Kyle Edward Fine Jewelry to Close Salisbury Store

The company’s Easton location will remain open.

Jewelers Board of Trade logo
MajorsMay 09, 2024
JBT Elects New Chairman

Brian D. Fleming of Carla Corporation was elected to serve a one-year term in the role.

Las Vegas Antique Jewelry and Watch Show Bracelets
Supplier BulletinMay 08, 2024
Fusing Past and Present at the Las Vegas Antique Jewelry & Watch Show

Sponsored by the Las Vegas Antique Jewelry and Watch Show

Vikki Tobak
EditorsMay 07, 2024
Q&A: Author Vikki Tobak on the ‘Ice-Cold’ Exhibition

Tobak, author of “Ice Cold: A Hip-Hop Jewelry History,” shares how the exhibition came to be, and the pieces people may be surprised to see.

Cynthia Erivo, Zendaya, Lewis Hamilton at the Met Gala
EditorsMay 07, 2024
10 On-Theme Looks from the 2024 Met Gala

Stars adorned themselves in emeralds, platinum, and myriad bird motifs, writes Associate Editor Natalie Francisco.

Rendering of M.S. Rau pop-up shop in Aspen, Colorado
IndependentsMay 07, 2024
112-Year-Old New Orleans Business Popping Up in Aspen

M.S. Rau is set to open a seasonal gallery in the high-end resort town early next month.

Vhernier Calla necklace rose gold and ebony
MajorsMay 07, 2024
Richemont Acquires Italian Jeweler Vhernier

The branded jewelry market is thriving, said Richemont Chairman Johann Rupert.

The six Couture Luminaries designers 2024
CollectionsMay 07, 2024
These ‘Luminaries’ Are Set to Light Up Couture

The six designers, all participants in the show’s Diversity Action Council mentorship program, will exhibit in Salon 634.

×

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