The diamond market is sluggish and prices are falling, yet fancy coloured diamonds are among the hottest gems on the market today. They are continually setting auction records, often in the tens of millions of dollars. Fancy coloured diamonds come…
2015 was a year that most members of the jewellery industry are happy to bid a good riddance. Weak sales at all levels of the industry made it difficult for many businesses. There were plenty of surprises, both good and…
The diamond industry took another blow with the release of GIA’s Laboratory Alert concerning close to 500 diamonds recently submitted with an undisclosed, temporary treatment that improves the colour by as much as 3 grades. Four companies have been blocked…
Recently I had the opportunity to browse through several Jewelers’ Circular Magazines (JCK) from 1920 and 1921. Many of the topics being discussed such as advertising, ethics and customer problems are still relevant today. If it were not for all…
In the wake of highly visible lawsuits, the banning of all EGL reports from Rapnet and a specific ban on EGL International on Polygon’s Cert-net; newly appointed EGL Global manager Menahem Sevdermish announced the retirement of the EGL International brand…
The drama over grading standards keeps getting more interesting. It started with Rapnet dropping all EGLI (EGL International) reports from their database. Polygon’s Certnet quickly followed Rapnet’s lead. EGL USA was rightfully indignant in their response. EGLI proclaims there is no…
In an article titled: “Honest Grading The truth, the whole truth and nothing but the truth,” Martin Rappaport once again lashes out at EGL International and the problem of overstated diamond grading reports. He brings up valid points on the effect…
