NRF’s annual survey found that 45 percent of consumers plan to purchase jewelry for a loved one this Mother’s Day.
Index tracking fancy color diamond prices launched
The index is a product of the new Fancy Color Research Foundation, a global organization dedicated to tracking prices and supporting the selling process for fancy color diamonds.
Tel Aviv--A new global organization launched Wednesday that will focus on tracking prices and supporting sales of fancy color diamonds, particularly yellow, pink and blue stones.
Initiated by third-generation diamantaire Eden Rachminov, managing owner of Rachminov Diamonds and author of The Fancy Color Diamond Book, the Fancy Color Research Foundation, or FCRF, is a nonprofit global membership organization. The focus of the organization is primarily the commercial side of colored diamonds, the pricing and selling, and not the gemology.
Rachminov said one of the main tools the FCRF offers it members is the Fancy Color Diamond Index, a chart tracking the prices of blue, yellow and pink diamonds that dates back to January 2005. Though a general version of the index is visible on the organization’s website, members have access to secure area of the site that contains more detailed data.
He said the index is designed to provide objective, historic pricing information to retailers when deciding whether to buy a certain color diamond or just take it on memo.
And, while the FCRF is in no way an investment vehicle, the index also could be used as a guide for investors considering sinking their money into fancy colored diamonds. Prices paid for the stones have increased substantially over the past few years.
The FCRF’s index shows that pink diamonds, for example, have appreciated more than 300 percent since January 2005, and a high-end diamond dealer recently told The Telegraph that his business has “gone mad” with pink diamonds as the wealthy scramble to sink their money into the stones.
Rachminov said the FCRF also is designed to provide retailers with information and talking points on selling fancy color diamonds. Eventually, its services will include a rarity evaluator retailers can access to determine the overall scarcity of specific hues.
Membership starts at $1,800 a year. The organization’s website lists its current members as Tiffany & Co., De Beers Diamond Jewellers (De Beers’ retail joint venture with LVMH), LVMH-owned Dior Jewelry, and Cartier and Van Cleef & Arpels, which are both owned by Richemont.
Rachminov said he put up his own money to start the organization after constantly receiving requests from large retailers for more information on fancy color diamonds.
Going forward, membership fees will be the FCRF’s main source of funding.
The Latest

The “Vault” charm, our Piece of the Week, expands on the memories that can be stored in a locket by connecting to your phone.

The open-to-the-public luxury jewelry and timepiece show, in its second year, is slated for July 23-26.

Gain access to the most exclusive and coveted antique pieces from trusted dealers during Las Vegas Jewelry Week.

The jeweler’s Mother’s Day campaign highlights the women who work there—mothers, grandmothers, women who want to be mothers, and dog moms.


Sponsored by Jewelers Mutual

The proposed agreement follows the moissanite maker’s Chapter 11 bankruptcy protection filing last month.

Gain access to the most exclusive and coveted antique pieces from trusted dealers during Las Vegas Jewelry Week.

The Patek Philippe for Tiffany & Co. timepiece Astor brought aboard the ill-fated ship sold for double its estimate at a Freeman’s auction.

The “Dalí’s Garden” collection was inspired by a surreal dream Neeley had after cooking a recipe from Salvador Dalí’s 1973 cookbook.

Natalie Feanny has been appointed to the role.

The pair falsely claimed their jewelry was made by Navajo artists, but it was imported from Vietnam.

Julien’s Auctions is selling the musician’s fine and fashion jewelry alongside her clothing, gold records, and other memorabilia.

Rachel King’s book dives into the history of the pendant believed to have belonged to Henry VIII and his first wife, Katherine of Aragon.

The company will have deals on precious metals testers as well as the latest in lab-grown diamond detection technology and security.

Gabrielle “Coco” Chanel is a character in the “Coco Game” collection of watches and the queen in its first haute horlogerie chessboard.

The annual list honors rising professionals on the retail and supply sides of the jewelry industry.

Seized in Kentucky, the packages include fake Cartier, Tiffany & Co., Chanel, and Fendi jewelry.

Rodolfo Lopez-Portillo faces 25 years to life in prison after being found guilty in the March 2022 beating death of Arasb Shoughi.

“Jewelry Creators: Dynamic Duos and Generational Gems” highlights the relationships among 22 influential designers, brands, and gem dealers.

The AJS Spring 2027 show will be held in Savannah, Georgia, with future shows taking place in other Southeast cities.

The jewelry retailer plans to open 20 new stores this year and expand into new product categories.

Flower motifs are the jewelry trend blooming amongst the new collections that debuted this spring.

The retailer reported an 8 percent decline in annual sales as it struggles under the weight of billions of dollars of debt.

The “Devil” drop earrings, our Piece of the Week, are part of designer Edina Kiss’ new namesake jewelry line that she will show at Couture.

The alert states that burglary crews are targeting jewelry businesses and details how jewelers and refineries can protect themselves.

The “watchmaker of shapes” debuted the reworked version of the vintage sports car-inspired timepiece at Watches & Wonders.





















