The insurance company’s previous president and CEO, Scott Murphy, has split his role and will continue as CEO.
Estate Jewelry Sales are Climbing, Survey Finds
It’s not shocking, given the resurgence in appreciation for the past as well as millennials’ penchant for unique pieces.

New York--Estate jewelry sales are climbing, National Jeweler/Jewelers of America’s latest Product Pulse poll found.
The survey was fielded between Nov. 16 and Dec. 2. A total of 244 people responded.
Among respondents, 193 identified themselves as retailers and, of those, 110, or 58 percent, said they sold estate jewelry in their stores. (Estate jewelry encompasses all previously owned jewelry, whether it is antique--meaning 100 years old or older--or vintage, meaning less than 100 years old.)
The 110 jewelers who said they sell estate jewelry were then asked a series of questions regarding sales trends, margin, sourcing and customer preferences regarding time periods.
What the survey found is that in addition to being an area of sales growth, estate jewelry brings strong margins for jewelers.
A total of 89 percent of respondents said that estate jewelry sales have increased as a percentage of overall sales (47 percent) or at least stayed the same (42 percent) in recent years.
And, overall gross margin on estate jewelry sales is 41 percent or higher for nearly 60 percent of jewelers surveyed.
RELATED CONTENT: The History Behind … Art Deco
When asked where they get their estate jewelry, the majority of survey-takers wrote in some variation of “over the counter,” either from existing customers or members of the public who walk into their stores. The buying was a mix of consignment and outright purchasing.
“People just walk in our store to sell their items,” one jeweler wrote. “Our website lets people know that we buy their jewelry, but we have been doing this for over 100 years so the public already knows and refers friends to our store.”
Very few reported that they get estate jewelry via auction.
When asked what particular era their customers favored most, a number of respondents said there is not one time period that outsells the others in their stores.
For those who did cite a specific era, Art Deco, which one respondent described as being “so wearable,” and Victorian, which the same jeweler described as “romantic and plentiful,” were the two of the most popular responses.
The Latest

The nearly six-month pause of operations at its Kagem emerald mine earlier this year impacted the miner’s first-half results.

The addition of Yoakum, who will lead Kay and Peoples, was one of three executive appointments Signet announced Thursday.

As a leading global jewelry supplier, Rio Grande is rapidly expanding and developing new solutions to meet the needs of jewelers worldwide.

The necklace uses spinel drops to immortalize the moment Aphrodite’s tears mixed with her lover Adonis’ blood after he was fatally wounded.


The diamond miner and marketer warned last week that it expected to be in the red after significantly cutting prices in Q2.

Jewelers of America’s 35th annual design contest recognized creativity, artistry, style, and excellence.

The Seymour & Evelyn Holtzman Bench Scholarship from Jewelers of America returns for a second year.

Tratner succeeds Andie Weinman, who will begin stepping back from the buying group’s day-to-day operations.

The president made the announcement via Truth Social Wednesday, adding that India also will face a penalty for its dealings with Russia.

The luxury titan’s star brand Gucci continued to struggle amid a "tough" environment.

Its opening marks the completion of the retailer’s new 11,000-square-foot store in the Texas capital.

“Making a Killing in Diamonds” tells the story of Mimi Rosen, the disappearance of a scientist, and the murder of lab-grown diamond CEO.

Senior Editor Lenore Fedow learned a lot when she took a behind-the-scenes factory tour with the jewelry brand earlier this year.

The first-time exhibitors, set to debut at the New York City show, share a devotion to craftsmanship, storytelling, and material integrity.

The online auction house’s September sale will feature rough Brazilian emeralds of various qualities.

She’ll lead an executive committee consisting of President-Elect Bryan Moeller, Mitchell Clark, Bill Farmer, and Larry Rickert.

Announced Sunday, the deal will set the tax on goods imported into the United States from the European Union at 15 percent.

A new edition of the Italian brand’s “Ipanema” collection has debuted with gemstones that evoke Brazil’s breathtaking views.

The retailer will refer its customers to WonderCare, founded by venture capitalist and watch collector Kevin O’Leary.

The jeweler’s largest store yet is set to open in Little Rock next fall.

Anne Hathaway was seen wearing the toggle necklace three times while filming scenes for “The Devil Wears Prada 2.”

Jewellery & Gem World Hong Kong is scheduled for Sept. 15 to 21, and buyer pre-registration will be available until Sept. 7.

Renovations at Tiffany & Co. stores ate into profits in the company’s watch and jewelry division.

Mark and Candy Udell of London Jewelers will receive the honor at the 24th annual Gem Awards next March.

While struggles continue at the mining and trading end of the pipeline, consumer demand for diamond jewelry is holding steady.

The “Fantasia” jewelry collection turns the intaglio animals from her “Close Encounters” collection into 3D characters.