Sotheby’s sold the necklace, which potentially has ties to Marie-Antoinette, for $4.8 million to a woman bidding via phone.
JSA Reports 30-Plus Cases of Burglars Cutting Power Lines
They sever them in order to disable the alarm systems before breaking in, and have victimized jewelers in states from California to Florida.
New York—There’s been a rash of incidents nationwide in which burglars cut jewelry stores’ power lines to disable their alarm systems before breaking in, the Jewelers’ Security Alliance said in a special alert issued Thursday.
In April, the JSA reported burglars had severed the power lines to Nuggets and Carats Jewelry Store in Laguna Niguel, California, then came in through the roof and cut into the safe to steal a large amount of merchandise.
Since then, JSA said it has received more than 30 reports of burglars severing jewelry store power lines to disable their alarm systems, hitting retailers in seven states: Florida, Colorado, California, Indiana, Idaho, Illinois and Utah, as well as in Canada.
The JSA said the burglars sever the power lines soon after the stores have closed for the night.
Then, they wait and watch.
After seeing the owner and/or police response—or lack thereof—they will break into the store if they feel like they can get away with it, often by cutting through the roof or sidewall.
In some cases, the burglars attempt to get into the safe, usually by cutting, but sometimes they torch it, JSA said, though it noted the burglars haven’t attempted this at all 30-plus stores.
The JSA made the following recommendations to the trade in its alert.
1. Jewelers must respond to all instances of power interruptions at their stores.
2. They also should ensure the alarm company’s call list includes the owner and enough employees so someone will be available to respond, including on weekend and holiday nights.
3. Jewelers shouldn’t respond to such instances alone; they need police to accompany them.
4. Police should be alerted that there might be burglars near the store watching, gauging their response to the situation.
5. Each store’s alarm protection should cover all possible means of entry, including the roof and sidewalls.
6. Stores must have line security to protect them if the alarm system is disabled.
7. The interior and exterior of the premises must be checked, including the roof and all possible means of entry.
8. Know that TL 15 and TL 30 U.L.-rated safes can easily be broken into using commonly available tools. Those rated TRTL 30x6 will offer better protection.
The JSA also asked jewelry stores that have had their power lines cut notify the alliance, as it is working with law enforcement regarding these burglaries.
The Latest
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.