Customs Seizes $866K in Counterfeit Jewelry
It’s the latest of several recent seizures by the U.S. Customs and Border Protection officers in Cincinnati.
The package came from Guangzhou, China, and was on its way to a private residence in Akron, Ohio.
Though it had a declared value of $80, officers uncovered 383 items of jewelry claiming to be from luxury brands like Cartier, Van Cleef and Arpels, and Louis Vuitton.
If the jewelry had been authentic, it would have been worth $866,120.
As online shopping continues to flourish, so have counterfeiters.
“It’s extremely important that as our trade avenues expand, our focus on enforcing intellectual property rights violations expands with it,” said Cincinnati Port Director Richard Gillespie in a press release about the seizures.
“Our officers are working hard day and night to guard our frontline against defrauders expecting to make money selling fake merchandise.”
This seizure is the latest of several counterfeit jewelry shipments seized by Cincinnati officers in recent months.
On April 7, Cincinnati officers uncovered 242 fake Cartier Love bracelets in a shipment originating from China, with an estimated worth of $3.6 million, had they been authentic.
Two shipments originating from China were then seized on March 4, containing 734 counterfeit jewelry pieces, worth $3.2 million when genuine.
On Feb. 10-11, officers stopped two shipments of counterfeit jewelry and watches, said to be from luxe brands like Hermès, Chanel, Rolex and Panerai. The authentic worth totaled nearly $3 million.
And in late January, officials found 85 counterfeit Rolex watches. If authentic, the value would total more than $5.8 million.
Watches and jewelry represent 15 percent of all intellectual property rights (IPR) seizures, according to Customs and Border Protection, topping the list of all items seized due to IPR infringement.
A CBP spokesperson told National Jeweler that despite the multiple incidents, there has been no year-over-year increase in counterfeit jewelry seizures by Cincinnati officers, adding these seizures are “fairly routine.”
CBP has an educational initiative available online to educate consumers about the dangers surrounding counterfeit goods.
The Latest
Sotheby’s sold the necklace, which potentially has ties to Marie-Antoinette, for $4.8 million to a woman bidding via phone.
Instead of its usual elaborate display, the store will illuminate its façade and frame the windows to highlight its flagship’s architecture.
The new Grand Seiko boutique is located in Honolulu’s Waikiki neighborhood.
From protecting customer data to safeguarding inventory records, it's crucial to learn how to tackle cybersecurity challenges.
Eleven spots are available for travelers to visit Northern Tanzania and Southern Kenya from July 25 to Aug. 4.
The emerald brooch-turned-pendant returned to auction after 55 years, setting a world record for most expensive emerald sold at auction.
Phillips also sold a 1.21-carat fancy red diamond dubbed the “Red Miracle” for more than $1 million at its jewelry auction in Geneva.
This fall, sharpen your skills in jewelry grading, quality control and diamond assessment.
From Swarovski to Tiffany & Co., jewelry retailers are enlisting celebrities to highlight their holiday offerings.
The 2024-2025 book introduces hundreds of new designs.
Richemont’s jewelry sales ticked up 2 percent in the first half of the year, while watch sales plummeted 17 percent.
Offered by the lab since 2016, the holiday season special is good from now through mid-December.
The “Mikimoto Chrome Hearts” jewelry brings pearls from Mikimoto together with distinctive motifs from Chrome Hearts.
These earrings use flat-backed white quartz to create a window onto an antique ribbon embroidered with a floral design.
This year’s AGTA Spectrum & Cutting Edge Awards included a new category for engagement rings and a new award highlighting female designers.
Plus, CEO Beth Gerstein shares her insight on the holiday season and the possibility of new tariffs.
The month’s birthstones, citrine and blue topaz, reflect the changing colors of the season.
The “Carey Lowell x Sidney Garber” collection stems from the friendship between the jewelry designer and ceramicist.
The two ads highlight diamond engagement rings and diamond studs with a straightforward approach.
In 2025, the nonprofit plans to continue its support of longstanding partners while also allocating some funds to a new initiative.
The Rolex watches are from the collection of “Titanic” co-producer Alfred “Al” Giddings and will go up for sale at Sotheby’s next month.
The Danish jewelry company plans to open up to 150 concept stores this fiscal year.
The location will close by the end of the year due to it being financially unsustainable, GIA said.
The new campaign stars Sterling K. Brown, Hero Fiennes Tiffin, Winnie Harlow, Kyle Kuzma, Arizona Muse, and Iris Law.
One lucky winner will receive a “Lizzie” diamond bracelet.
Samantha Larson has joined the Boston-based retailer.
The Emerging Jewelers Accelerator Program will guide retail jewelry entrepreneurs through an eight-month educational curriculum.