Offered at Sotheby’s Hong Kong, the one-of-a-kind white gold watch now holds the title of most valuable Cartier wristwatch sold at auction.
NJ Jewelers Hit by Rash of ‘3-Minute Burglaries’
In the wake of the crimes, the Jewelers’ Security Alliance is reminding jewelers to put merchandise in the safe at night whenever possible.
New York--In the past seven months, there has been a rash of “three-minute burglaries” in northern New Jersey, in which the suspects get in and out of the store quickly.
According to an alert distributed by the Jewelers’ Security Alliance on Wednesday, between February and August there have been a total of 12 of these burglaries.
In these cases, the suspects cut the power to the stores’ surveillance cameras and/or alarm systems before smashing a window or breaking open a door to get into the store. Once inside, they grab any merchandise that’s been left out overnight in showcases before quickly fleeing the scene.
They are called three-minute burglaries because that is the approximate amount of time it takes to complete the crime.
Three-minute burglaries usually happen in the middle of the night, as has been the case with the dozen recent burglaries in New Jersey.
According to the JSA, most of them have taken place between 2 and 4 a.m. on Fridays, while some have occurred between 1 and 5 a.m. on other days of the week.
The JSA recommends that jewelers put merchandise away in the safe at night. If it won’t all fit and the store’s insurance policy permits out-of-safe storage, then leave out lower-end merchandise and put it into locked drawers or cabinets.
Merchandise left in showcases overnight attracts three-minute burglaries, the JSA said.
The suspects in the New Jersey burglaries are reported to be black males driving a dark-colored sedan that’s possibly blue or purple. Surveillance video of the most recent three-minute burglary, which happened at a jewelry store in Perth Amboy, can be seen on NewJersey.News12.com.
Anyone with information about these three-minute burglaries is asked to contact Lt. Omar Diaz of the Real Time Crime Center in Newark at 973-877-9351.
Last year, three-minute burglaries accounted for nearly half of all burglaries perpetrated against jewelers; out of the 256 burglaries reported, 124 were classified as three-minute crimes, the JSA’s crime report for 2015 shows.
They fell 20 percent in number compared with the previous year, but the average loss increased, from $17,000 in 2014 to $23,000 in 2015.
The most popular day of the week for three-minute burglaries in 2015 was Thursday, while the month in which the most occurred was April, followed by August.
The Latest

Bernstein-Gulla has been working in the jewelry industry for 40 years, most recently as chief engagement officer for Hill & Co.

The relocated Glendale store, now at The Americana at Brand, was designed to be a contemporary “timepiece haven” inspired by luxury resorts.

Experience gemstones with greater precision and comfort than ever before.

The top lot of the auction house’s Hong Kong jewelry sale was an Art Deco Mauboussin necklace with ruby beads, which sold for $2 million.


Retailers and manufacturers headed to the Capitol this week to discuss tariff exemptions for diamonds and gemstones, among other issues.

Our Piece of the Week is a pair of drop earrings from the “Sway” collection featuring Nanis’ first use of mirror-polished gold.

Submit your pieces for a chance to win in this year's competition.

SynthDetect 2 can scan a full tray in less than five minutes, De Beers said, making it six times faster than its predecessors.

Two metal detectorists discovered the ring, which may have belonged to English noblewoman Matilda of Lancaster, in Suffolk.

The bill has a provision that allows the president to raise tariffs on countries that import Russian oil and gas to as much as 100 percent.

The American Gem Society presented the annual award to a former president of its board.

The “Chrysalis” capsule centers butterfly motifs representing growth, transformation, and the unfolding of who you are.

Jewelers of Louisiana presented Patton, the third-generation president of Pattons Fine Jewelry, with the award at its annual convention.

Two special guests join the podcast to commemorate the 10th anniversary of the designer advocate, mentor, and author’s untimely passing.

McCormack brings sea-inspired motifs from her “Beaches” collection to L’Objet’s tableware, vanity pieces, and first-ever cutlery set.

Marlin “Brian” Hood, who has been with the store for 20 years, will succeed Ricky Bromberg, who died earlier this month.

The new bridal catalog features the latest jewelry collections and designs from timeless classics to modern silhouettes.

Stars wore either a necklace or earrings at 78th Primetime Emmy Awards but rarely both, Natalie Francisco notes.

Jennifer Shaheen compares this new era of AI-powered SEO to a video game: your website must clear one level before advancing to the next.

The program highlights “Made in Italy” fine jewelry with digital merchandising, sales education, and local marketing support.

Hilson, Signet’s chief operating and financial officer, discussed Q2, resurgent natural diamond demand, and why Blue Nile is a standout.

The stores that have a great December are the ones that made good decisions in August, September, and October, Sherry Smith writes.

The 22.09-carat fancy yellow “Pragnell Kimberley Sunshine Diamond” is part of the fall jewelry sale at Heritage Auctions.

“Adornos: Jewelry, Memory & What We Pass Down” honors the jewelry’s importance to New York City’s Latine communities.

The company’s managing director of sales said the results demonstrate “continued strong demand for commercial-quality emeralds.”

The nonprofit awarded a grant to the Gift of Sight initiative spearheaded by South African musician Black Coffee.






















