What's the Golconda Blue Really Worth?
April 17, 25 by John JeffaySize doesn't necessarily matter. The Golconda Blue, at 23.24 carats, is the largest fancy vivid blue diamond ever to be offered at auction. But that doesn't mean it will automatically fetch the highest price. The estimate by Christie's Geneva is $35m to $50m and anyone Read More...
Next KP Chair - US, Brazil or Japan?
April 10, 25 by Ahmed Bin SulayemAs recently stated in my piece on CNBC Africa, which highlighted its significant accomplishments, both in mission and multi-stakeholder cooperation, the Kimberley Process (KP) remains a unique alliance that has successfully bonded governments... Read More...
Tariffs: Will They Change Everything?
April 03, 25 by John JeffayThis changes everything. Or does it? Today Trump's newly-announced tariffs feel like a body blow to the diamond industry. But what about tomorrow or the day after? Loose stones entering the US from India are currently zero-rated. From next Wednesday they'll ... Read More...
JK's Turnaround Plan for Signet
March 27, 25 by John JeffayRemember Gerald Ratner? He managed to wipe $500m off the value of Ratners Group, the British jewelry company, almost overnight with his frank assessment of the goods it sold. It was back in 1991 that he made his infamous comments at an Institute of Directors... Read More...
Don't Flaunt It . . .
March 20, 25 by John JeffayHere's a cautionary tale for anyone in retail jewelry: If you've got it, think twice about flaunting it. York Valdes built up a following of 175,000 people on TikTok and Instagram, with videos showing not only merchandise from his two jewelry stores, but also his lavish... Read More...
Lab Growns: The Pendulum has Swung
March 13, 25 by John JeffayThe pendulum has swung. More than half (52 per cent) of brides who said "I do" in the US last year were wearing an engagement ring with a lab grown rather than a natural diamond. That's according to The Knot wedding website, based on responses from 16,956... Read More...
Swallowing Diamonds
March 06, 25 by John JeffayIt's hard to swallow. In fact most of us would probably choke trying to down over 13 carats of Tiffany's finest diamonds. But that, allegedly, is how Jaythan Lawrence Gilder, aged 32, responded when cops in the US finally caught up with him last... Read More...
A New Winston Legacy
February 27, 25 by John JeffayHarry Winston was just 12 when spotted a two-carat emerald in a tray of costume jewelry at a pawn shop, bought it for 25 cents, and sold it two days later for $800. That's just one of the many remarkable stories about the late King of Diamonds, who... Read More...
It's a Shame: China's Diamond Decline
February 20, 25 by John JeffayThe diamond industry has been waiting for demand in China to bounce back. And waiting. And waiting. Three years of zero Covid tolerance finally came to an end in December 2022, but the long-awaited recovery did not follow. Quite the opposite, in fact... Read More...
Israel's Landmark Visit to Qatar
February 13, 25 by John JeffayHistory will judge the visit by an Israeli delegation to a diamond conference in Qatar last month. With all eyes on Gaza, Qatar mediating a fragile ceasefire between Israel and Hamas, and the precarious on-off hostage release, we may be too close to... Read More...
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