Events & Awards

And the 2022 Shipley Award Goes To …

Events & AwardsApr 27, 2022

And the 2022 Shipley Award Goes To …

Arkansas jeweler Craig Underwood, a G.G. and C.G.A. who is as involved in his community as he is in the American Gem Society.

20220427_AGS Shipley Award 2022.jpg
AGS jeweler Craig Underwood (right) was this year’s recipient of the American Gem Society’s highest honor, the Robert M. Shipley Award. The award was presented Tuesday at AGS Conclave by another Shipley Award-winning jeweler, Cathy Calhoun. (Photo courtesy of American Gem Society)
Oklahoma City—Craig Underwood, a second-generation jeweler who is deeply involved in both the American Gem Society and his local community, is the recipient of the 2022 Robert M. Shipley Award.  
 
Underwood, president of Underwoods Fine Jewelers in Fayetteville, Arkansas, received the award Tuesday afternoon at AGS Conclave, held this week in Oklahoma City. 
 
After accepting the award from another past Shipley winner, Cathy Calhoun, Underwood shared an apt simile for a jeweler who also is an award-wining landscape and nature photographer. 
 
Underwood, who was clearly emotional, said he felt like “a turtle on a fencepost … not only [is he in] an awkward position but you know that he didn’t get there by himself, and that is certainly the case here.” 
 
He thanked everyone who has helped him throughout the course of his career, including his parents, and he urged other attendees to get involved in AGS like he has. 
 
“It is so enriching. You get back so much more than you put in by stepping back and volunteering to be a part of AGS,” he said. 
 
Underwood wrapped up his speech with another nature analogy, this one centering on the Amur carp, or koi fish.
 
The growth of the fish, he said, depends on the size of its habitat. It will grow a lot more in a large lake than it will in a small tank. 
 
“This is very similar to the human race, but with our minds. If we continue to expand our horizons and expand our world, we will grow larger,” he said, noting how his involvement with AGS has helped him grow personally. 
 
“It is a phenomenal organization, so thank you again,” Underwood concluded. 
 
 Related stories will be right here … 
 
The American Gem Society presents the Robert M. Shipley Award, its highest honor, at a luncheon held annually at Conclave. 
 
Shipley founded both AGS and GIA and initiated organized gemological research and education in the United States. 

The award presented in his honor goes to an AGS member for outstanding service to the society, significant contributions to the science of gemology, and/or exemplifying the ideals of AGS in their own community. 
 
In presenting Underwood with the 2022 award, Calhoun said he has “excelled in all.” 
 
Underwood has been in the jewelry business since 1975, working as a manager and buyer at another AGS store, Lee Michaels Fine Jewelry, before joining his family’s business full time.  
 
He is the second generation to run Underwoods Fine Jewelers, which his father, Bill Underwood (a past AGS president and Shipley Award winner), opened in 1957.
 
Under his leadership, the store has won numerous awards, including being named one of America’s “Coolest” jewelry stores by Instore magazine.
 
He is a past president of AGS’s International Board of Directors, past chair of the Diamond Standards Committee and the Gemological Sciences Committee and was founding chair of the Fancy Cut Grade Task Force. 
 
He has served on the boards of Jewelers for Children and the AGS Jewelers Education Foundation (JEF) and was a JEF industry education speaker. He currently serves on the board of directors for Jewelers Mutual Group.
 
Underwood is a graduate of Baylor University, where he studied entrepreneurship, and is a Gemological Institute of America Graduate Gemologist (GG) and an American Gem Society Certified Gemologist Appraiser (CGA). 
 
Outside of the jewelry industry, he is one of the founders of an award-winning restaurant in northwest Arkansas, a co-developer of a 744-unit apartment complex and the developer of a mixed-use project in Fayetteville.
 
Alongside wife Laura, he recently purchased and then donated 65 acres of land to the city of Fayetteville, creating the city’s largest park. 
 
Underwood also, Calhoun said in presenting the award Tuesday, has won a number of state and national awards for his landscape photography. One of his photos of Arkansas’ Buffalo River was featured in The Nature Conservancy’s 2022 calendar.
 
AGS Conclave 2022 continues through Wednesday in Oklahoma City.

— Associate Editor, News, Lenore Fedow contributed to this report.
 

The Latest

National Jeweler columnist Sherry Smith, vice president of coaching strategy and development at the Edge Retail Academy
ColumnistsJan 13, 2026
2025 Was a ‘Price Up, Units Down’ Year, Here’s What That Signals for 2026

In a market defined by more selective consumers, Sherry Smith shares why execution will be independent jewelers’ key to growth this year.

Orr’s Jewelers David Gordon, Marcia Gordon, Aliza Gordon, Leslie Gordon
IndependentsJan 13, 2026
Orr’s Jewelers Opens New Location in Pittsburgh’s Strip District

The family-owned jeweler’s new space is in a former wholesale produce market.

Stock image of a gavel and books
CrimeJan 13, 2026
Alleged Getaway Driver Charged in Florida Jewelry Store Robbery

Ivel Sanchez Rivera, 52, has been arrested and charged in connection with the armed robbery of Tio Jewelers in Cape Coral, Florida.

JamAlert 1872x1052.png
Brought to you by
How Jewelers Can Fight Back Against Cell Jammers

Criminals are using cell jammers to disable alarms, but new technology like JamAlert™ can stop them.

Rio Grande diamonds
SourcingJan 13, 2026
Rio Grande To Offer Calibrated Diamond Melee

The supplier’s online program allows customers to search and buy calibrated natural and lab-grown diamond melee, including in fancy shapes.

Weekly QuizJan 08, 2026
This Week’s Quiz
Test your jewelry news knowledge by answering these questions.
Take the Quiz
Lisa Manobal, Priyanka Chopra Jonas
EditorsJan 12, 2026
Platinum, White Gold Rule the 2026 Golden Globes

Associate Editor Natalie Francisco highlights her favorite jewelry moments from the Golden Globes, and they are (mostly) white hot.

Peter Yanzter, former executive director of AGS Labs
GradingJan 12, 2026
Peter Yantzer, Former Executive Director of AGS Labs, Dies at 77

Yantzer is remembered for the profound influence he had on diamond cut grading as well as his contagious smile and quick wit.

Recipients Collage 2025 - NJ (1872 x 1050 px) (1872 x 1052 px).png
Brought to you by
Impacting Tomorrow Today

How Jewelers of America’s 20 Under 40 are leading to ensure a brighter future for the jewelry industry.

Macy’s New York Herald Square
MajorsJan 12, 2026
These 14 Macy’s Locations Will Close This Year

The store closures are part of the retailer’s “Bold New Chapter” turnaround plan.

Jewelers Mutual logo
MajorsJan 12, 2026
Jewelers Mutual Acquires AI-Powered Event Insurance Program

Through EventGuard, the company will offer event liability and cancellation insurance, including wedding coverage.

Kendra Scott CEO Chris Blakeslee
MajorsJan 09, 2026
Kendra Scott Taps Activewear Exec as CEO

Chris Blakeslee has experience at Athleta and Alo Yoga. Kendra Scott will remain on board as executive chair and chief visionary officer.

Wrapped holiday present boxes
SurveysJan 09, 2026
U.S. Holiday Retail Sales Up 4%, Visa, Mastercard Say

The credit card companies’ surveys examined where consumers shopped, what they bought, and what they valued this holiday season.

Christie’s Kimberly Miller
AuctionsJan 09, 2026
Christie’s Names New Global Managing Director for Luxury

Kimberly Miller has been promoted to the role.

Lionheart Serenity Opal Amulet Charm
CollectionsJan 09, 2026
Piece of the Week: Lionheart’s ‘Serenity’ Opal Charm

The “Serenity” charm set with 13 opals is a modern amulet offering protection, guidance, and intention, the brand said.

Hannah Dodd and Claudia Jessie in Pandora Bridgerton campaign
CollectionsJan 08, 2026
Pandora’s New ‘Bridgerton’ Jewels Celebrate Bees, Bows, and Blooms

“Bridgerton” actresses Hannah Dodd and Claudia Jessie star in the brand’s “Rules to Love By” campaign.

Stuller’s Color of the Year for 2026, “Signature Red”
TrendsJan 08, 2026
Stuller’s Color of the Year Is a Stark Contrast to Pantone’s White

The jewelry manufacturer and supplier is going with a fiery shade it says symbolizes power and transformation.

Gracie Abrams Chanel Coco Crush
CollectionsJan 08, 2026
Gracie Abrams To Front New Chanel Jewelry Campaign

The singer-songwriter will make her debut as the French luxury brand’s new ambassador in a campaign for its “Coco Crush” jewelry line.

Bobbi L. Avery, Jeffery Bolling, Britney Phillips, and Lindsay Salvo
MajorsJan 08, 2026
Diamond Council of America Names New Board Directors

The nonprofit’s new president and CEO, Annie Doresca, also began her role this month.

Headshot of National Jewler columnist Peter Smith
ColumnistsJan 07, 2026
Peter Smith: Physical Retail—The Beginning or the End?

As the shopping mall model evolves and online retail grows, Smith shares his predictions for the future of physical stores.

Pinar Hakim Rainbow Seahorse Pendant, Nue Fine Jewelry Irene Charm, Susannah King Venus Ring
Events & AwardsJan 07, 2026
Melee Adds 13 New Designers to NYC Show

The trade show is slated for Jan. 31-Feb. 2 at The Lighthouse in New York City's Chelsea neighborhood.

Akiva Gil garnet ring
TrendsJan 07, 2026
Amanda’s Style File: Go for Garnet

January’s birthstone comes in a rainbow of colors, from the traditional red to orange, purple, and green.

Diamonds Do Good 2025 Impact Report
SourcingJan 07, 2026
Diamonds Do Good Releases 2025 Impact Report

The annual report highlights how it supported communities in areas where natural diamonds are mined, crafted, and sold.

Police cars with lights on
CrimeJan 06, 2026
2 Jewelers Arrested After TraxNYC Diamond District Brawl

Footage of a fight breaking out in the NYC Diamond District was viewed millions of times on Instagram and Facebook.

Rio Grande xTool F2 Ultra Portable Laser Engraver Bundle
MajorsJan 06, 2026
Rio Grande Says These Are the Top Personalization Tools for 2026

The supplier has a curated list of must-have tools for jewelers doing in-house custom work this year.

Zales storefront
MajorsJan 06, 2026
Zales Tests Out A New Look

The Signet Jewelers-owned store, which turned 100 last year, calls its new concept stores “The Edit.”

Linda Coutu
MajorsJan 06, 2026
LeachGarner Appoints New Director of Sales

Linda Coutu is rejoining the precious metals provider as its director of sales.

AGA board 2026-2029
SourcingJan 06, 2026
AGA Announces 2026 Board

The governing board welcomed two new members, Claire Scragg and Susan Eisen.

×

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