Diamond, Jewelry, Necklace, Diamond Rings, Diamond Earrings, Jewelry Stores, Engagement Rings, Geiss and Sons Jewelers, Greenville, South Carolina

Good Time to Buy Natural Color Diamonds

It’s a good time to buy natural color diamonds. “The recent price declines in the white goods created an overall negative psychological effect on all diamonds. This is probably the reason we also witnessed a decline of 0.1% in the Fancy Color Index in Q2,” said Fancy Color Research Foundation (FCRF) advisory board member Eden Rachminov.

According to the FCRF, yellow diamonds displayed a decline of 0.8% vis-a-vis the 0.2% increase in the second quarter of 2018. The prices of yellow diamonds declined by 0.8% overall in this quarter, primarily influenced by the 1–3 cts. categories, with the sharpest downturn of 2.7% in the 1 ct. category.

Blue diamonds showed a 0.3% decrease in the second quarter of 2019 compared to a 1.5% increase in the same quarter in 2018. Blue diamond prices decreased overall by 0.3%, affected mainly by the decline of 0.9% in the weight category of 8–10 cts.

Only pink diamonds showed an upturn of 0.4% in the second quarter of 2019, compared to a 0.5% decrease in the same quarter in 2018. The pink category continued to outperform all other categories, showing an increase of 0.4%. All fancy vivid pinks rose by 1.3%, with fancy vivid pinks of 2 and 3 cts. showing a rise in the second quarter of 2019, increasing by 2.8% and 2.6%, respectively.

Despite the temporary psychological negative effect at the moment, the long-term price trend for natural color diamonds looks positive. According to research by Knight Frank, within the last 10 years, the price of colored diamonds went up by 85%, outperforming some “classical” luxury investment objects such as art and watches. “It’s definitely a good time to buy colored diamonds now,” says Rachminov.

One of the opportunities to buy is the upcoming True Colors auction by Alrosa, the worlds’ largest diamond miner. The diamonds will be available for viewing during the September Hong Kong Jewelry & Gem Fair (Sept. 16–20). For the first time, the auction will be conducted via the Alrosa online platform, diamonds.alrosa.ru. The first True Colors auction was conducted in 2018. It finished with a total sale of 210 diamonds. The bidding was very active, and most of the lots were sold for well above their starting prices.

At this year’s auction, Alrosa is offering a comprehensive origin story for every stone for the first time. Thanks to Alrosa’s traceability programs, the consumers can witness the diamonds’ fascinating journey from mine and market. “With a closed production cycle, the company can guarantee the origin of every polished diamond, especially since it has its own unique ID,” revealed the miner.

This year, the collection includes about 200 polished diamonds of various shapes and colors, and all have GIA certificates. Each of them is a masterpiece of diamond production created by skillful professionals who put their hearts into their work, keep the traditions, and know what a real Russian cut is (Russian cut describes both the origin of the diamond and the location where it was cut).

Alrosa operates its own in-house cutting and polishing branch, Diamonds of Alrosa. Beginning in 2018, it concentrated on fancy color and unique diamonds. Alrosa’s goal is to become the leader in the natural color diamonds market. Being the largest miner, Alrosa aims to be the largest producer of natural color diamonds by volume.

Article Provided By: JKC

David Yurman, Diamond, Diamond Rings, Necklace, Jewelry, Fine Jewelry, Jewelry Stores, Geiss and Sons, Greenville, South Carolina

Jeweler David Yurman opens Michigan Avenue boutique, keeps the brand fresh

Chicago Tribune

Legendary jewelry designer David Yurman has been creating chic designs for nearly 40 years. After starting out as a sculptor, Yurman quickly began producing wearable art, and over the years, his classic-with-a-twist designs have garnered him legions of fans. His iconic Cable Bracelet, first created in 1983, has been produced in numerous iterations, from elegantly minimal to heavily embellished, and has become recognized as his signature motif.

Along with his wife and partner, Sybil, and their son, Evan, who is chief creative officer, Yurman continues to expand the brand, gaining a new generation of clients as he goes.

I caught up with Yurman at his newly opened boutique in Chicago, to talk about his creative process and a few of his favorite things.

This is an edited transcript.

Q: You started out in 1980. What is the secret of your brand’s success?

A: I think that the reasons are still the same. We’re a craft-art-founded company. We’re not a fashion brand, although, if you’re living in this moment, you can’t not be touched by fashion.

Q: How did you make the change from being a sculptor to being a jewelry designer? With fine art, isn’t there more freedom to do what you want?

A: I thought so, too, but the reality is there’s no total freedom anywhere. As Bob Dylan said, “We all have to answer to someone.’’ I was in high school, and I was making (bronze) sculptures. They were all small, figurative pieces. I sculpted halfway through the alphabet of hand signing. I had all these little hands around, so I put loops on them, got leather laces and sold them in the cafeteria for $5.

Q: What’s the brand’s aesthetic?

A: It’s rooted in a classicism. (The jewelry is) kind of relaxed; it’s not fussy. There are sculptural lines. I think what signifies my jewelry more than anything is a sense of balance and proportion.

I came up through nine years of apprenticing. I worked with (sculptor) Jacques Lipchitz — classic, classic training — (and) Theodore Roszak, who was very disciplined. I needed discipline, I was a little wild, but I was fine with discipline as long as I liked the subject.

An amethyst and diamond version of David Yurman’s iconic Cable Bracelet and the DY Signature Pinky Ring with Cognac diamonds in 18-karat rose gold. (David Yurman)

Q: How do you keep the brand fresh?

A: I think there’s a lot of dynamic conflict in the company that I allow. Sybil is an editor, and she’s the brand watchdog.

Q: Is designing minimal pieces like your Continuance necklace more difficult than designing more elaborate pieces?

A: With Continuance, we did seven iterations that I know of until we got it. It’s an asymmetric twist with a loop. Those (more elaborate designs) are easier — you can hide more there. This one’s unclothed; it’s just the rhythm of it.

Q: Your new Chicago boutique devoted a large space to men’s jewelry. Men can be funny about wearing jewelry. Is it difficult building a men’s audience?

A: I think so. But it’s so rich — they’re out there. The men’s line is very masculine. The men’s line has a higher attention to detail than the women’s line. They go back and hand-finish so many pieces. They’re all hand-engraved. My approach (to the men’s line) is give it to my son and let him design it. He’s been doing it for nine years.

Q: What music do you listen to at work?

A: To get in my own zone, I’ve been listening to Charlie Musselwhite. Lately, I’ve been listing to a lot of Sonny Boy Williamson — a lot of harmonica. Then I’ll listen to Pablo Casals if I’m drawing, or the Rolling Stones if I need a break.

The bronze Dante necklace that Yurman made for his wife, Sybil, in the 1970s, and a Barrels Bracelet with diamonds and amazonite in 18-karat gold from Yurman’s new collection. (David Yurman)

Q: If you weren’t a jeweler, what would you be doing?

A: Neurobiology. Biophysics. I think it’s a little more, you know, life-saving, and it’s really interesting. Understanding how a jellyfish actually responds — and can we learn something from the world around us.

Q: What’s the most important lesson that this journey has taught you

A: Be careful of what you wish for; you may get it. What do you do with it now?

A few of David Yurman’s favorite things:

Item I can always be found with: Pilot razor pen

Painter: Cy Twombly

Sculptor: Jacques Lipchitz

Reading: Western Horseman magazine

Way to relax: I don’t

Destination to get inspired: It’s between the Western wilderness — Montana, Wyoming — and small Italian towns.

Restaurant: Giorgione

Style icon: Bruce Willis. I think he’s underrated.

Indulgence: Reining. Riding Western horses.

 

Article Provided By: Chicago Tribune

Prayers for Las Vegas, Jewelry, Fine Jewelry, Jewelry Stores, Geiss and Sons, Greenville, South Carolina

Prayers for Las Vegas

Prayers and Condolences

Our thoughts and prayers go out to the victims of the Las Vegas shooting and their loved ones. And also, to the first responders, medical professionals, counselors and others who have spent and will continue to spend countless hours caring and helping the victims and their families.

Want to Help?

The County Commissioner has set up a page where donations are being collected. Funds will be used to provide relief and financial support to the victims and families. If If you’d like to support them, please contribute to this fund.

Our community is grateful for the outpouring of support from folks all across the nation and all around the world. Tens of thousands of people have made their voices heard and are standing up to hate and standing together to support the victims and their families during this difficult time. We want to thank you for your generous contributions.

Later this week, we will make an announcement about the process to distribute the funds. We are working in lockstep with all state and local officials, GoFundMe, the Direct Impact Fund, and the National Center for Victims of Crime (NCVC) to ensure the funds get distributed directly to the victims and families. We will provide additional information about this process in the coming days.

We want to thank all of you who contributed what you could to support the victims following this heinous attack. We also want to thank MGM, Cosmopolitan, Steve Cloobeck, and Diamond Resorts International, Wayne and Kathleen Newton, the Raiders, the NFL Foundation, and GoFundMe for their large contributions to our fund. Our work to help rebuild our community is just beginning and we want to thank you for standing with us during this difficult time.

We have been in touch with GoFundMe since the beginning and they have been a trusted partner from the moment this campaign launched. The support for this campaign has been extraordinary, and donors have had understandable questions about GoFundMe’s fees. GoFundMe has committed significant resources to the management and distribution of these funds in the most ethical, effective, and timely way, and they have also donated $150,000 to directly help victims and their families.

If you’d like to support the victims and their families, we encourage you to contribute to this fund.

If you cannot financially support the victims, here’s some additional information on other ways to help:

Give Blood –

United Blood Services will take donations by appointment only.

Physical Donations –

If you would like to donate water, canned goods, or non-perishable items, please visit Three Square and Catholic Charities: https://www.threesquare.org/ or https://www.catholiccharities.com/. We appreciate the outpouring of support, but the substations cannot currently manage the physical donations and we kindly ask you to donate them to the organizations to ensure their distribution.

As we have stated, if you are missing a loved one, please call 1-800-536-9488.

For additional information visit:

https://redrock.clarkcountynv.gov/FAC/index.html

https://www.fbi.gov/resources/victim-assistance/seeking-victim-information/assistance-for-victims-of-the-harvest-music-festival-shooting-in-las-vegas

 

Article Provided By: Las Vegas Victims Fund/GoFundMe