Sotheby’s will auction the diamond, which it says is “arguably the most significant pink diamond to ever appear at auction,” in June.
Thai Lab AIGS Warns Trade About Fake Gemstone Reports
They look identical to genuine AIGS reports but have working QR codes that take users to a different website.
Bangkok—The Asian Institute of Gemological Sciences recently issued a warning to the international trade that there are fake gemstone reports bearing the AIGS logo circulating in the market.
The AIGS is based in the Jewelry Trade Centre in Bangkok and issues hundreds of gemstone reports every day.
Chairman Kennedy Ho told National Jeweler the lab became aware of the issue when a client who was trying to verify a report on its website contacted them.
When the report didn’t come up on the site, the client sent the lab a picture of the report and AIGS discovered it was a fake.
The lab said the fake reports have working QR codes but, when scanned, they take users to AIGSThailand.co, instead of the correct website, AIGSThailand.com.
Ho said the only way the trade can be sure a report is genuinely from AIGS is to check the lab’s website or to enquire via email, with a photo of the report attached, to email@example.com.
He added the AIGS will be taking legal action “to the highest extent of the law” against the perpetrators and those who use the fake reports with the intent to mislead others.
He told National Jeweler they don’t yet know who is behind the fake reports, only that the fraudulent website was registered in April.
Ho also said they don’t know how many of these fake reports are on the market, but given the professional nature of the fraud, they “do not think these crooks went to all this trouble to make just one report.”
The retailer, recently acquired by Signet Jewelers, will lay off 119 employees in July.
The Swiss watchmaker introduced 17 new models at Watches & Wonders Geneva.
Distinguishing natural diamonds from laboratory-grown stones – now more available than ever – has been difficult for jewelers. Until now.
As part of the promotion, Smith will share his sales expertise during a 90-minute training session.
At Watches & Wonders, the Swiss brand unveiled a follow-up to last year’s Tonda PF GMT Rattrapante.
The “rêve” collection’s engagement rings and wedding bands are geared toward “sustainability minded customers.”
De Beers Institute of Diamonds provides the very best in diamond verification, education and diamond services.
A new word appears on the dial each day of the week.
Bensons Jewelers closed for good Feb. 24, impacted in part by the decline in foot traffic downtown since the onset of the pandemic.
Kolja Kiofsky has been with the crystal and jewelry company since 2010.
The 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.
Massimo Basei is moving up, while Chief Commercial Officer Martino Pessina is stepping down.
AGTA GemFair and the Denver Gem & Mineral Show also will have a presence on the show floor.
Sold by Christie’s Hong Kong, this masterwork of complications now holds the record for most expensive watch ever auctioned online.
The watch company expects first-quarter sales to fall as much as 15 percent due to inflation and tough comps.
Adam O’Grady, general manager of the Lightbox Lab, has taken on the new role and will report directly to Lightbox CEO Antoine Borde.
The watch marketplace gathered data from 1.3 million collectors, highlighting the most popular timepieces and exploring value appreciation.
Burgundy has opted not to exercise its option to buy the mining claims Gibb River Diamonds currently owns.
The organization said it will recognize those who exemplify the idea that doing good is good business.
Kendall Jenner once again is fronting the French brand’s campaign, joined by model and dancer Alton Mason.
The CEOs of Signet, Helzberg, and GIA spoke on a water conservation panel, and had lakes named in their companies’ honor.
Sales of the sleek sterling silver and diamond design will go to nonprofit organization charity: water.
Expected to earn up to $4.5 million, the “Jarretière” bracelet is the star of Christie’s “The Magnificent Jewels of Anne Eisenhower” sale.
With jewelry sales coming down from their pandemic highs, retailers need to do all they can to retain existing customers, Peter Smith says.
Jewelry historians, authors, and experts will explore the works of Tiffany & Co., Oscar Heyman, Verdura, and more.
Johnson joined the retailer in 1987, establishing its first human resources department.