This year’s honorees include a Midwest retailer and two multi-store independents, one in New York and the other in New England.
Esperanza Diamond on AGS Stores Tour
The 4.62-carat stone, found at the Crater of Diamonds State Park in Arkansas, is in the middle of a three-month tour of American Gem Society-member stores.

New York--The Esperanza diamond is on the move.
The 4.62-carat stone, uncovered at Arkansas’ Crater of Diamonds State Park in June, is in the middle of a three-month tour across American Gem Society stores so members of the public can see it in person.
The Esperanza is thought to be the most valuable and one of the purest diamonds ever discovered in the United States, and is the fifth largest diamond ever found at the Crater of Diamonds park. In its rough form, the diamond weighed 8.52 carats, and was half the size of a quarter.
Mike Botha of Embee Diamonds cut the stone in-store at Stanley Jewelers Gemologist in North Little Rock, Ark. It took him 130 hours to cut and polish the stone and he used an 800-pound cutting table.
The D color, internally flawless diamond features a unique 147-facet, teardrop-cut triolette shape that is the first of its kind, created by Botha and inspired by the natural icicle shape of the rough diamond. Jeweler Ian Douglas of Inspired Jewelry Group designed the pendant that holds the Esperanza, and it draws attention to the fact that one end of the diamond is wider than the other.
The stone was on display at Summa Jewelers in St. Louis in November, followed by Stanley Jewelers Gemologist in December.
It just finished its residency at Black, Starr & Frost’s Newport Beach, Calif. location and now will be at the company’s Phoenix salon until Jan. 24.
From there, the Esperanza will travel to Molina Fine Jewelers in Phoenix from Jan. 27 to 31, Whiteflash in Houston from Feb. 3 to 7, and then Jacksonville, Fla.’s Underwood’s Jewelers from Feb. 10 to 14.
With an estimated value of $1 million, the diamond is available for purchase through an open bidding process through Black, Starr & Frost until Feb. 15.
Interested parties can contact Adam Graham, vice president and managing director for the Newport Beach Black, Starr & Frost salon. He can be reached at adam@blackstarrfrost.com or at 949-673-1771.
The Latest

As an homage to iconic crochet blankets, the necklace features the nostalgic motif through a kaleidoscope of cabochon-cut stones.

Discover the dozen up-and-coming brands exhibiting in the Design Atelier for the first time.

When investing in your jewelry business, it's important not to overlook the most crucial element of success: the sales associates.

The “Royal Ruby” Collection is a quintet of untreated rubies curated by collector Jack Abraham.


The entrepreneur and “Shark Tank” star will share his top tips for success.

Two existing executives have been given new roles.

More shoppers are walking out without buying. Here’s how smart jewelers can bring them back—and the tool they need to do it right.

Meredith Tiderington, an electrical engineering student, was selected for the award.

It will quit assigning the stones specific color and clarity grades in favor of applying “new descriptive terminology.”

From design trends to sustainability, here’s a roundup of can’t-miss education sessions at JCK Las Vegas.

The Jewelers’ Security Alliance offers advice for those attending the annual trade shows.

Her new role is director of strategic initiatives.

The designer is embracing bold pieces with weight to them in “AU79,” a collection she celebrated with a creative launch party.

On an earnings call, CEO J.K. Symancyk discussed what’s working for the company and how it’s preparing for the potential impact of tariffs.

The index partially rebounded after months of decline, due in part to the U.S.-China deal to temporarily reduce import tariffs.

The actress stars in the latest campaign set in Venice, Italy, and is set to participate in other creative initiatives for the jeweler.

The company has joined other labs, including GIA and Lotus Gemology, in adopting the Chinese term for "jadeite jade."

The large stone will be offered at its June sale along with a selection of secondary-type rubies from a new area of the Montepuez mine.

Located in Bangkok, the laboratory is Gemological Science International’s 14th location worldwide.

Those born in June have a myriad of options for their birthstone jewelry.

The diamond industry veteran has been named its senior sales executive.

The company plans to raise the prices of select watches to offset the impact of tariffs.

Between tariffs and the sky-high cost of gold, designers enter this year’s Las Vegas shows with a lot of questions and few answers.

Designed by founder Renato and his daughter Serena Cipullo, it showcases a flame motif representing unity and the power of gathering.

However, the tariffs remain in effect in the short term, as an appeals court has stayed the U.S. Court of International Trade’s decision.

The pop icon is one step closer to launching her “B Tiny” jewelry collection, a collection she first began posting about last fall.