Charles Robinson Shay was sentenced to life in prison plus 120 years while his accomplice, Michael James McCormack, got 75 years.
3 Ways to Capitalize on America’s Newfound Love of Colored Gems
Colored stones are stepping into a jewelry spotlight typically reserved for diamonds—are you ready to sell color?

Brought to You By the American Gem Trade Association (AGTA)

Suggest Color in Engagement Rings. If you’ve been reticent to suggest anything but a diamond in an engagement ring, this is your sign to do an about-face now in sales—suggest color! Die-hard fans and proponents of colored gems have been a small but vocal segment, lobbying for years for a higher profile for the colored gemstone category. It’s taken some recent instability in the diamond market to fuel the popularity of colored gemstones in engagement rings, but it’s an idea whose time has finally arrived. Dealers reveal that Montana-origin and teal-color sapphires are among the most desirable alternatives to diamonds as center stones, followed by a literal rainbow of other pretty gems—from ruby to emerald to spinel and rare tourmalines.

Promote Color on Social Media. Jewelry experts and influencers alike have weighed in with many a post promoting colored stones, and the likes are multiplying. Color excites, fascinates, is deeply personal, and is a powerful driver of emotions that captivates viewers on social media. Colored gemstones are often compared to candy with good reason—their colors are joyful, playful, and look good enough to nosh on! This appeal is instant and perhaps the best sales tool because the images do the talking and market themselves. No need for hard sales tactics when it comes to color.

Source Color at the 2025 AGTA GemFair Tucson Show. If you’re ready to take the plunge into the deep and varied pool of colored gemstones, your timing couldn’t be better. Industry is on the eve of the most important colored gemstone show in the world—the 2025 AGTA GemFair Tucson, taking place at the Tucson Convention Center Feb. 3–9, 2025. This year marks the 43rd fair organized by the American Gem Trade Association or AGTA, the jewelry industry’s premier sourcing event where hundreds of gem dealers, designers, and other AGTA members exhibit and display the highest quality loose gemstones and finished jewelry. These goods are sourced and manufactured by firms that adhere to the most stringent Code of Ethics of any industry organization, where every gem is sourced by way of transparent and ethical business practices and every person in the pipeline has been vetted and fairly compensated.
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Amit Pratihari was previously the managing director of De Beers India and Forevermark India.