The family-owned jeweler will open a new showroom in Bel Air, Maryland, this fall.
Diamond Industry Icon Lloyd Jaffe Dies at 90
He was a longtime member of the DMIA and co-founder of ADIA, the American Diamond Industry Association.

New York--Lloyd Jaffe, a universally respected and revered icon of the diamond industry, died last week. He was 90.
Born July 24, 1926, Jaffe was a former officer and longtime member of the Diamond Manufacturers & Importers Association of America and received a lifetime achievement award from the association in 1995.
In a statement issued announcing his passing, the DMIA described him as a “loved and respected icon” in the diamond industry worldwide who was a dear friend to many and worked to promote the highest levels of honesty and integrity within the industry.
Jaffe also was one of the co-founders of the American Diamond Industry Association (ADIA), which operated from the early 1980s to the late 1990s.
The association was formed to do public relations for the diamond industry in the wake of the diamond investment crash of the early 1980s. In addition to being one of founders of the organization, Jaffe headed its newsletter.
“In the pre-internet era, he was a pioneer and devoted countless volunteer hours to learn where and how to obtain and make sense of vital statistics pertaining to our industry, and then explain that research in clear and understandable terms for the industry at large, enabling it to draw its own conclusions about real-time market trends,” the DMIA said.
“Moreover, though, Lloyd’s goal was to write in a narrative and educational way to consumers who read the newsletter that explained diamonds and promoted confidence in all of our products. We owe him a tremendous debt of gratitude.”
The DMIA said it extends its sincerest condolences to Jaffe’s wife and family.
Jaffe is survived by his wife, Solange Rosenblum Jaffe; one daughter, Meryl Jaffe; one son, Michael Jaffe; one sister, Barbara Gail Ellison; and seven grandchildren: Talia Hurwich, Leah Hurwich, Zev Hurwich, Ilan Jaffe, Tamar Jaffe, Keren Jaffe and No’a Jaffe.
Editor’s note: This story was corrected post-publication to reflect Lloyd Jaffe’s correct age. He was 90, not 91, when he died.
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.

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.

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.

Garcia will take over from the company’s current CFO, Anders Boyer, who is retiring at the end of November.

Etsy CEO Kruti Patel Goyal explained why the company is letting go more than 200 employees as its performance improves.





















