The highlight of a single-owner jewelry and watch collection, it’s estimated to fetch up to $7 million at auction this December.
New Nielsen Study Shows Consumer Optimism Toward Jewelry
The survey showed Americans are becoming more optimistic about their financial futures and view precious jewelry as an important category.

Platinum Guild International USA commissioned the study, which was conducted by Nielsen IQ in four key global markets: the United States, mainland China, India and Japan.
In the U.S., Nielsen interviewed 500 consumers in February and early March this year.
While only 33 percent surveyed called current economic conditions “positive,” with 28 percent deeming them “neutral” and 39 percent “negative,” the survey showed higher expectations for economic conditions in the next three months.
More than half, or 53 percent, said they expected economic conditions in the next three months to “get better,” 26 percent said they expected them to “stay the same” and only 22 percent thought they would “get worse.”
When asked about their own financial situations, 46 percent indicated their current status was “positive,” 35 percent said “neutral,” and 19 percent said “negative.”
But again, respondents were optimistic about the coming three months, with 54 percent believing their personal financial situations would “get better,” 35 percent believing they would “stay the same” and only 10 percent indicating they thought they would “get worse.”
PGI USA shared several jewelry-specific insights from the study, such as over half of respondents indicating they were looking to purchase non-bridal jewelry in the next year.
Females age 18 to 45 are the most likely to buy themselves non-bridal jewelry, while males age 31 to 45 are the most likely to gift jewelry. Eight out of 10 respondents said they now feel comfortable shopping in-store.
Fine jewelry perception also proved to be positive.
Thirty-three percent of respondents “strongly agreed” that precious jewelry remains important for commemorating important occasions, while 43 percent “agreed,” 18 percent felt “neutral” toward the statement, 4 percent disagreed and 2 percent strongly disagreed.
Thirty-three percent of respondents also “strongly agreed” that precious jewelry is personally meaningful to them, with 39 percent “agreeing,” 20 percent saying they felt “neutral” toward the idea, 4 percent “disagreeing” and 3 percent “strongly disagreeing.”
When asked if they agreed with the statement: “Precious jewelry is a great purchase as it retains its value, which is important in today’s times,” 33 percent “strongly agreed,” 39 percent “agreed,” 19 percent said they felt “neutral” toward the statement, 7 percent “disagreed” and 3 percent “strongly disagreed.”
Lastly, 30 percent of American respondents said they “strongly agreed” that “precious jewelry signifies significant emotions and relationships that I cherish more than other luxury items.”
43 percent “agreed,” 18 percent felt “neutral,” 6 percent “disagreed” and 3 percent “strongly disagreed.”
The Latest

CEO Efraim Grinberg noted a resurgence in the fashion watch market.

The “Bullseye” necklace, with vintage bakelite and peridot, August’s birthstone, is the perfect transitional piece as summer turns to fall.

Jewelers of America is leading the charge to protect the industry amidst rising economic threats.

Sponsored by Clientbook


It will classify lab-grown stones into one of two categories, “premium” or “standard,” in lieu of giving specific color and clarity grades.

President Duma Boko addressed the country’s medical supply chain crisis in a recent televised address.

As a leading global jewelry supplier, Rio Grande is rapidly expanding and developing new solutions to meet the needs of jewelers worldwide.

Former Free People buyer Afton Robertson-Kanne recently joined the retailer.

The jeweler teamed up with two local organizations for its inaugural “Back to School and Bling” event.

The singer’s new bling, reportedly a natural old mine-cut diamond, is no paper ring.

Dubbed the “Imboo,” or “buffalo,” emerald, the rough gemstone is part of Gemfields’ latest emerald auction, which is taking place now.

The “Play” collection centers on nostalgic toys that have kinetic elements to carry playfulness and wonder into adulthood.

Designer Christina Puchi, the creative force behind CCWW Designs, has created charms and pendants based on iconic candies and crackers.

The Jonas Brothers star showed off new timepieces against the backdrop of his favorite spots in his home state of New Jersey.

The family-owned jeweler in Fayetteville, North Carolina, is in the hands of the second generation.

In his latest column, Emmanuel Raheb shares tips for encouraging customers to treat themselves to new jewelry.

The new stand-alone Rolex boutique is housed in the former Odd Fellows Hall, a landmark built in 1897.

The Brilliant Earth ambassador co-designed a diamond medallion featuring meaningful symbols.

Wrap jewelry is more than just a trend; it’s the perfect motif for the coming season of layering, scarves, and pumpkin spice.

The three-day watch collector show, coming this October, will feature 44 exhibiting brands, as well as a new dinner experience.

Sriram “Ram” Natarajan is now GIA’s senior vice president of laboratory operations and is based out of the lab’s headquarters in Carlsbad.

The one-of-a-kind collar represents the beauty of imperfection and the strength to rebuild.

Three C-suite executives, including former CEO Tom Nolan, have resigned as part of what the company describes as a “transition.”

The retailer, which recently filed Chapter 11, inked a deal to sell its North American business and intellectual property.

Target CEO Brian Cornell will step down in February and be replaced by the company’s chief operating officer, Michael Fiddelke.

The group met with the president's senior trade advisor earlier this week to express the industry’s concerns about the effects of tariffs.