AuctionsMar 29, 2023
10.57-Carat Purplish Pink Diamond Expected to Sell for $35M+Sotheby’s will auction the diamond, which it says is “arguably the most significant pink diamond to ever appear at auction,” in June.
Lab-GrownSep 16, 2020
Charles & Colvard Is Now Selling Lab-Grown Diamonds
The line, exclusive to Charles & Colvard, is called “Caydia.”
A “Caydia” engagement ring. Charles & Colvard is now selling lab-grown diamonds direct to consumers on its website.
Research Triangle Park, N.C.—Charles & Colvard has branched out into a category that was seemingly inevitable for the moissanite maker—lab-grown diamonds.
The company announced Tuesday the launch of “Caydia,” a brand of premium lab-grown diamonds that will be exclusive to Charles & Colvard and complement “Forever One,” the company’s line of colorless (D, E, F) moissanite introduced in 2015.
Charles & Colvard called the addition of lab-grown diamonds a “natural progression” for the company, which has been making gem-quality moissanite, a diamond simulant, since 1996.
“This is a pivotal moment for Charles & Colvard as we expand into the lab-grown diamond space,” said Don O’Connell, who took over as president and CEO in June.
“There is a growing awareness of and demand for lab-created gems, and now we offer two premium brands—Forever One moissanite and Caydia lab-grown diamonds. We believe this addition will allow us to … [capture] greater market share.”
Charles & Colvard declined to disclose the name and location of the company supplying its lab-grown diamonds.
It said certified gemologists hand-select the man-made stones for Caydia, which are E, F or G color on the Gemological Institute of America’s color-grading scale and at least VS1 clarity with excellent cut, polish and symmetry.
The diamonds range in size from a half-carat to 2 carats and are sold set into jewelry only.
The company said the International Gemological Institute will grade the majority of its lab-grown diamonds.
The initial assortment for Caydia, a trademarked moniker that is a combination of “cay,” a girl’s name with Greek origins that means pure, and “dia” from diamond, includes round brilliant cuts as well as cushions and ovals.
Right now, Caydia is sold only on CharlesandColvard.com.
The lab-grown diamonds are set into 14-karat and 18-karat gold as well as platinum and grouped into three categories: engagement rings and wedding bands, fine jewelry (meaning non-bridal pieces) and the “Signature Collection.”
There are simple bezel-set pendants, halo stud earrings, right-hand rings, huggies, tennis bracelets and fashion rings.
Prices start at $329 retail for a pair of 1/3-carat J-hoop earrings in 14-karat gold.
The 1-carat solitaire engagement rings on the site range from $2,800 to about $4,500, depending on the setting.
The highest-price piece on the website as of Wednesday morning was a 2 3/4-carat total weight cushion-cut lab-grown diamond
engagement ring in an 18-karat gold halo setting. It was priced at $20,519.
More on Lab-Grown
The Latest
MajorsMar 29, 2023
Blue Nile to Close Fulfillment Center, Lay Off WorkersThe retailer, recently acquired by Signet Jewelers, will lay off 119 employees in July.
WatchesMar 29, 2023
See All the New Patek Philippe Watches for 2023The Swiss watchmaker introduced 17 new models at Watches & Wonders Geneva.
Brought to you by
Full Disclosure at Your FingertipsDistinguishing natural diamonds from laboratory-grown stones – now more available than ever – has been difficult for jewelers. Until now.
MajorsMar 29, 2023
Mark Henry Jewelry Offering Complimentary ‘Masterclass’ on Sales from Peter SmithAs part of the promotion, Smith will share his sales expertise during a 90-minute training session.
Weekly QuizMar 23, 2023
This Week’s QuizTest your jewelry news knowledge with this short test.
EditorsMar 28, 2023
I’m Enchanted With Parmigiani Fleurier’s Perfect Travel WatchAt Watches & Wonders, the Swiss brand unveiled a follow-up to last year’s Tonda PF GMT Rattrapante.
CollectionsMar 28, 2023
Helzberg’s New Lab-Grown Diamond Collection Earns SCS CertificationThe “rêve” collection’s engagement rings and wedding bands are geared toward “sustainability minded customers.”
Brought to you by
Bringing Over 130 Years of Diamond Expertise to Modern GradingDe Beers Institute of Diamonds provides the very best in diamond verification, education and diamond services.
EditorsMar 28, 2023
This New Rolex Day-Date Tells Time … and AffirmationsA new word appears on the dial each day of the week.
IndependentsMar 28, 2023
D.C. Jeweler That Honored 50-Year-Old Gift Certificate Closes Bensons Jewelers closed for good Feb. 24, impacted in part by the decline in foot traffic downtown since the onset of the pandemic.
MajorsMar 28, 2023
Swarovski Names New GM of North AmericaKolja Kiofsky has been with the crystal and jewelry company since 2010.
AuctionsMar 27, 2023
Jewels to Shine in Upcoming ‘Golden Age’ of Hollywood AuctionThe Kruse GWS Auctions sale will include the replica “Taj Mahal” necklace Elizabeth Taylor made with Avon as well as a costume piece Marilyn Monroe wore.
MajorsMar 27, 2023
Pandora Promotes GM to Chief of Retail OperationsMassimo Basei is moving up, while Chief Commercial Officer Martino Pessina is stepping down.
Events & AwardsMar 27, 2023
Registration Is Open for the HardRock SummitAGTA GemFair and the Denver Gem & Mineral Show also will have a presence on the show floor.
AuctionsMar 24, 2023
Piece of the Week: The $5.8M Patek Philippe ‘Sky Moon Tourbillon’Sold by Christie’s Hong Kong, this masterwork of complications now holds the record for most expensive watch ever auctioned online.
FinancialsMar 24, 2023
Movado Predicts Declining Sales Amid ‘Volatile’ Retail EnvironmentThe watch company expects first-quarter sales to fall as much as 15 percent due to inflation and tough comps.
WatchesMar 23, 2023
Which Brands Do Watch Enthusiasts Love Most? Chrono24 Takes a LookThe watch marketplace gathered data from 1.3 million collectors, highlighting the most popular timepieces and exploring value appreciation.
SourcingMar 23, 2023
Burgundy Diamond Backing Out of Ellendale Mine Deal Burgundy has opted not to exercise its option to buy the mining claims Gibb River Diamonds currently owns.
GradingMar 23, 2023
GCAL Introduces 8X Cut Grade for Proprietary CutsPatented and specialty cuts now can receive an 8X Proprietary Certificate, which can be customized to include a company’s brand and logo.
Events & AwardsMar 23, 2023
Diamonds Do Good Names 2023 Award Recipients The organization said it will recognize those who exemplify the idea that doing good is good business.
CollectionsMar 22, 2023
Messika’s 2023 Campaign Pairs New Jewelry With Vintage CarsKendall Jenner once again is fronting the French brand’s campaign, joined by model and dancer Alton Mason.
Events & AwardsMar 22, 2023
Hari Krishna Exports Hosts Gala Amid UN Water ConferenceThe CEOs of Signet, Helzberg, and GIA spoke on a water conservation panel, and had lakes named in their companies’ honor.
Policies & IssuesMar 22, 2023
See Kwiat’s Bracelet for World Water DaySales of the sleek sterling silver and diamond design will go to nonprofit organization charity: water.
AuctionsMar 21, 2023
Marlene Dietrich’s Van Cleef & Arpels Bracelet Going Up for AuctionExpected to earn up to $4.5 million, the “Jarretière” bracelet is the star of Christie’s “The Magnificent Jewels of Anne Eisenhower” sale.
ColumnistsMar 21, 2023
Squirrel Spotting: Customer Retention Mindset—The New CRM With jewelry sales coming down from their pandemic highs, retailers need to do all they can to retain existing customers, Peter Smith says.
Events & AwardsMar 21, 2023
ASJRA’s May Conference Examines ‘Iconic’ Jewelry CompaniesJewelry historians, authors, and experts will explore the works of Tiffany & Co., Oscar Heyman, Verdura, and more.
IndependentsMar 21, 2023
Borsheims Executive Jennifer Johnson RetiresJohnson joined the retailer in 1987, establishing its first human resources department.
