Set in a Tiffany & Co. necklace, it sold for $4.2 million, the highest price and price per carat paid for a Paraíba tourmaline at auction.
Longtime watch executive Mort Gershman dies
Mortimer “Mort” Gershman, whose career in the watch and jewelry industry spanned more than 40 years, died Monday at the age of 89.
Morristown, N.J.--Mortimer “Mort” Gershman, a well-known executive in the watch industry and member of the 24 Karat Club of New York City, died Monday. He was 89 and just one week away from celebrating his 61st wedding anniversary.
Born July 19, 1926 in Providence, R.I., he grew up in Elizabeth, N.J., the son of the late Morris and Bessie Gershman. He graduated from Thomas Jefferson High School and served briefly in the U.S. Navy during World War II.
While Gershman worked in the cosmetics and fragrance industries for a time, he spent more than 40 years in the watch industry, holding senior management level positions with Seiko Corp. of America, Zenith Movado Time Corp., Time Products Corp. of Elgin National Industries and Lorus Products, a Seiko affiliate.
According to his family, Gershman was someone who enjoyed a full life and whose affection, wise counsel and gentle, loving presence will be missed.
He also was an active volunteer in his community, dedicating time to the 24 Karat Club of New York as well as to the Jewish Family Service Agency of Eastern Union County, the Elizabethtown Healthcare Foundation, the Make-a-Wish Foundation and Temple B’nai Israel. He also played a key role in the discussions surrounding the consolidation of Elizabeth General Medical Center and St. Elizabeth Hospital that resulted in the creation of the Trinitas Regional Medical Center.
Gershman leaves his wife of 60 years, Jacqueline; son Mark and daughter-in-law Nancy; daughter Pamela and son-in-law Jorge; and grandchildren Alyson, Jesse and Sara Rose. He also had many close friends, colleagues in the watch and jewelry industry.
Services are scheduled for Wednesday, Nov. 4 at 2 p.m. at Bernheim-Apter-Kreitzman Suburban Funeral Chapel, 68 Old Short Hills Road, Livingston, N.J. A graveside commitment ceremony will follow.
In lieu of flowers, donations may be made to the Mort Gershman Memorial Fund at Trinitas Regional Medical Center. Click “donate now” at the top of the page, fill out the form and select “restricted giving,” then type in Mort Gershman.
Donations also may be made to the Trinitas Health Foundation-Gershman Fund, P.O. Box 259, Elizabeth, NJ 07207, to the Gershman Fund at the Jewish Family Service of Central New Jersey or by mail to JFS-Gershman Fund, 655 Westfield Ave., Elizabeth, NJ 07208.
The Latest

The jeweler’s “Deep Freeze” display showcases its iconic jewelry designs frozen in a vintage icebox.

Take luxury gifting to new heights this holiday season with the jeweler’s showstopping 12-carat sphene ring.

How Jewelers of America’s 20 Under 40 are leading to ensure a brighter future for the jewelry industry.

This year's theme is “Unveiling the Depths of the Ocean.”


In its annual report, Pinterest noted an increase in searches for brooches, heirloom jewelry, and ‘80s luxury.

Starting Jan. 1, customers can request the service for opal, peridot, and demantoid garnet.

Roseco’s 704-page catalog showcases new lab-grown diamonds, findings, tools & more—available in print or interactive digital editions.

The 111-year-old retailer celebrated the opening of its new location in Salem, New Hampshire, which is its third store in the state.

The new catalog features its most popular chains as well as new styles.

The filmmaker’s personal F.P. Journe “FFC” prototype was the star of Phillips’ recent record-setting watch auction in New York.

The new location in the Design District pays homage to Miami’s Art Deco heritage and its connection to the ocean.

Inflations, tariffs, and politics—including the government shutdown—were among consumers’ top concerns last month.

“Longtime favorite” presenters, as well as first-time speakers, will lead talks and workshops at the annual event in Tucson next year.

Silas Smith of Meridian Metalworks won the challenge with his pendant that blends Australian and American landscapes.

The sale of the 31.68-carat, sunset-hued stone was part of Sotheby’s first series of events and auctions in Abu Dhabi.

Most customers who walk into your store this month have made up their minds. Your job is to validate their choice, Emmanuel Raheb writes.

The collection features characters and motifs from Ukrainian folklore, including an enchanted mirror and a magic egg.

MatrixGold 3.11, the newest version of the jewelry design program, offers more flexibility, precision, and creative control.

The pavilion will be part of the 2026 JA New York Spring show, scheduled for March 15 to 17.

Kadet, a 1994 National Jeweler Retailer Hall of Fame inductee, helped grow the family-owned retailer in the Chicago area and beyond.

Billed as the world’s smallest wearable, Lumia Health’s new smart earrings have a health tracker subtly embedded in the back.

Don’t let those with December birthdays feel blue. Help them celebrate their month with blue zircon, turquoise, and tanzanite.

The new pink sapphire version of the piece dances with its wearer in the brand’s “Icons After Dark” holiday campaign.

A choice that’s generated a lot of commentary, Pantone says “Cloud Dancer” marks a fresh start and encourages relaxation and creativity.

The manufacturer’s holiday campaign features a gift guide filled with trending designs and jewelry that can be personalized.

The man was charged with theft, accused of ingesting the necklace while in a jewelry store in Auckland, New Zealand.



















