The family-owned jeweler will open a new showroom in Bel Air, Maryland, this fall.
GIA Urges Return of Diamonds with Doctored Reports
Only 175 of the 1,042 diamonds with a grading report that was invalidated by the Gemological Institute of America in the wake of the hacking incident have been returned to the lab for reexamination.
Carlsbad, Calif.--Only 175 of the 1,042 diamonds with a grading report that was invalidated after two individuals hacked into Gemological Institute of America’s grading information database earlier this year have been returned to the lab for reexamination.
To address the trade’s concerns and to emphasize the importance of all the diamonds and their reports being returned, the GIA announced last week that it is offering a no-cost confirmation service for any diamond grading report that was issued by the lab between November 2014 and October 2015.
Anyone who may be concerned about the accuracy of a diamond grading report issued within this time frame can submit the original report and the referenced diamond to any GIA location for a confirmation service free of charge. The diamond and original report have to be submitted together using the service name “confirmation service” to obtain the no-fee invoice.
These no-cost services will be available to the trade until Jan. 30.
In October, the GIA reported that two now-former employees of Tata Consultancy Services (TCS), the contractor that supports its databases worldwide, gained “unauthorized remote access” to its grading information database and altered the color and/or clarity grades on a total of 1,042 diamond grading reports.
The two individuals who allegedly made the changes to the reports were arrested. The GIA has suspended the client accounts through which the diamonds in question were submitted, and the lab noted last week that the investigation into the fraud is ongoing.
A list of all 1,042 invalidated reports--along with the names of the 19 client accounts that submitted the diamonds connected to them--can be downloaded here on the GIA’s website.
The Latest

Amanda Ileana Hernandez is married to Carlos Hernandez, one of two men in prison for the 2024 murder of Michigan jeweler Hussein Murray.

The reimagined jewel, our Piece of the Week, trades the diamonds in the original 1998 design for blue, pink, yellow, and green sapphires.

Retailers are seeking new ways to attract customers, increase traffic, and create revenue – Estate buying events are a popular solution.

Sponsored by American Gem Trade Association


In the United States, second-quarter sales were flat amid soft consumer sentiment and lower in-store traffic.

The 22-karat gold egg, sold at Batemans Auctioneers in the U.K., was part of a 1980s treasure hunt ad campaign for Cadbury Creme Eggs.

Colored gemstones, artisan finishes, mixed metals, and meaningful details are shaping demand in bridal jewelry.

Lucara Diamond Corp., which recovered the “Motswedi” diamond from the Karowe mine, sold the stone for an undisclosed amount.

The expanded collections now feature hand-cut gemstones like topaz, tanzanite, chrysoprase, chalcedony, smoky quartz, and fire opal.

The lab-grown diamond jewelry brand’s newest boutique is in Westfield Valley Fair in Santa Clara, California.

The gemstone supplier and manufacturer acquired the remarkable 104-gram Zambian emerald at Gemfields’ auction in May.

Two suspects offered to trade the woman a “winning” lottery ticket for her jewelry.

Finsch has been in business rescue since May, and owner Petra Diamonds said it sees no viable path forward for the mine.

Michel Patrick DeSalles was sentenced after pleading guilty to the 2017 murder of Omid Gholian, who owned a jewelry store in Manhattan.

Longtime industry executive Beth Miller has taken on the role.

The brooch was owned by Virginia Fortune Ryan Ogilvy, who served as a lady of the bedchamber to Queen Elizabeth II for nearly 50 years.

Jamie Cygielman will take on the role on Aug. 24.

Moore, Polly’s husband, is remembered as a family man with an easygoing spirit and a love for sports and the outdoors.

Duvall O’Steen and Jen Cullen Williams share the best ways to display, present, and explain colored gemstones to younger customers.

The mid-year conference for jewelry and watch appraisers will take place Sept. 5-6 on Zoom.

Honest Hands Ring Co. Founder Benjamin Bosworth shared his thoughts on jewelry technology and why AI can never replace the human element.

QVC Group President and CEO David Rawlinson is temporarily being replaced by a familiar face, former QVC CEO Mike George.

The brand also added two one-of-a-kind brown diamond pieces to the “Sanssouci” series of its “Gardens” collection.

Ostbye took home top vendor honors at the Independent Jewelers Organization’s show, held last month in Kentucky.

Sponsored by Stratus Estate Buyers

Cloud, who will officially join Blue Nile on Monday, spent 26 years at Tiffany & Co. and founded jewelry brand Roseate.




















