Majors

Roberto Coin Sues Dealer After Retailers Pull Jade Line

MajorsJan 04, 2019

Roberto Coin Sues Dealer After Retailers Pull Jade Line

The popular Italian brand is at odds with former partner Kings Stone over certification of the brand’s black jade jewelry.

20180125_RobertoCoin-1.jpg
Roberto Coin has filed a lawsuit against New York-based stone dealer Kings Stone regarding the latter’s claims the jeweler misrepresented certification of the black jade used in its designs. Pictured here is a cuff and huggie hoop earrings featuring black jade and diamonds in 18-karat rose gold, introduced by Roberto at the January 2018 Vicenzaoro show.

New York—Roberto Coin Inc. and Kings Stone are embroiled in a lawsuit amid allegations that the former misrepresented certification of the stones in its black jade jewelry line.

According to court documents, Roberto Coin and Kings Stone started discussions about the latter providing black jade to the jeweler in 2012, and Roberto Coin began placing significant orders shortly thereafter.

As Kings Stone began supplying black jade to Roberto Coin, it also provided certifications from China’s National Gemstone Testing Center stating the stones were amphibole jade.

Kings Stone owner Joseph Goldstein claims the company continues to be the only supplier of NGTC-certified black amphibole in the world.

In mid-2014, Roberto Coin terminated the partnership and started using a new supplier of black jade for its designs.

Goldstein said he discovered in early 2018 that Roberto Coin was still marketing the black jade line as “black amphibole jade certified by the NGTC,” despite the termination of their partnership.

He then approached multiple retailers that carry the line, asking them to verify the NGTC certification of the material, which, Goldstein claims, they could not.

Shortly after, a few major retailers, including Borsheims and Bloomingdale’s, pulled the black jade jewelry line from their showcases.

Borsheims and Macy’s Inc., which owns Bloomingdale’s, both told National Jeweler they don’t comment on pending litigation.

Following the retailers’ decision to pull the line, Roberto Coin filed a complaint against Kings Stone and Goldstein in July 2018 in the U.S. District Court for the Eastern District of New York, alleging false advertising and deceptive business practices in violation of federal and state law.

According to the complaint, Goldstein told Roberto Coin that he intended to file a consumer class action again the company for selling jewelry containing “non-authentic” black jade.

It also alleges he made “false and misleading statements” that the black jade in its jewelry was “non-authenticated” and threatened the brand’s retail customers with consumer class action if they continued to carry the line.

Roberto Coin said in its complaint that it has reports from several gemological labs certifying the black jade used in its jewelry.

When it switched suppliers in 2014, the company claims the new supplier, CaterG, provided them with an analysis from Hong Kong Gems Laboratory calling the material “natural amphibole material,” as well as additional lab analyses certifying that the material was “amphibole jade” or “black nephrite jade” (nephrite is part of the amphibole mineral group).

The new supplier also sent a sample of its black jade to NGTC in April 2018, after Goldstein started approaching the retailers, and the lab confirmed that the stones are amphibole jade, the brand said in its lawsuit.

“RCI always has conducted its business in accordance with the highest standards. It strongly disputes the claims by Joseph Goldstein and Kings Stone,” attorney Gayle Pollack of Morrison Cohen said in a statement provided to National Jeweler.

“In fact, RCI filed a lawsuit against them to stop them from continuing their false advertising campaign. Rather than try this case in the media, RCI looks forward to being vindicated in court.”

Goldstein filed a counterclaim in August 2018, alleging the jewelry brand has engaged in fraud regarding the marketing and sales of its black jade jewelry.

The claim states that Kings Stone is the only supplier of NGTC-certified black amphibole jade and that Roberto Coin misrepresented the black jade it sold. 

Goldstein also claims the NGTC has confirmed that no other suppliers have received certification for black amphibole jade prior to April 2018, when CaterG sent its material to the lab to be certified black amphibole jade, meaning any use of vocabluary around NGTC certification by Roberto Coin between the time the company terminated its relationship with Kings Stone and April 2018 would have been unlawful.

The counterclaim also notes that when Goldstein asked the retailers to provide proof of NGTC certification, they could not, instead sending a pamphlet from Roberto Coin describing the certification.

The NGTC did not respond to an email asking for clarification about the certification by press time.

Goldstein gave the following statement to National Jeweler: “In all of the legal paperwork filed, not once did Roberto Coin refute the fact that they had used the NGTC for four years straight for their black jade without it actually being certified by the NGTC.

“Roberto Coin could easily settle this allegation very simply—by just producing the NGTC certs used for four years on his black jade and the lawsuit would disappear. Instead, they continue to avoid the fraud issue itself and claim that they are above reproach due to their stellar reputation. No one is above the law—not even Roberto Coin.”

Kings Stone is seeking a permanent injunction prohibiting Roberto Coin from marketing its black jade jewelry with “false representations” that it has obtained certificates from the NGTC, “unless and until (it) has obtained NGTC certifications.”

In addition to monetary damages, Roberto Coin is seeking a permanent injunction preventing Goldstein and his company from “attacking the ‘authenticity’ of the jade” in its jewelry, and wants him to be required to provide “corrective” advertising to each of its retail customers he has contacted.
Brecken Branstratoris the senior editor, gemstones at National Jeweler, covering sourcing, pricing and other developments in the colored stone sector.

The Latest

CD Peacock Mansion in Oak Brook, Illinois
EditorsNov 22, 2024
Out & About: Inside the CD Peacock Mansion

Step inside the nearly 21,000-square-foot suburban Chicago jewelry store with Editor-in-Chief Michelle Graff.

Xander Jane earrings
CollectionsNov 22, 2024
Piece of the Week: Xander Jane’s ‘Spiked’ Pearl Studs

These punk-inspired earrings from the new Canadian brand’s debut collection reveal the alter ego of the classic pearl.

Facets of Fire Pear and Marquise Diamonds
SourcingNov 22, 2024
Facets of Fire Expands to Include Pear, Marquise Diamonds

The company brings its nanotechnology to two new fancy cuts for diamonds that feature its signature color and brilliance.

Jewelers Mutual Group Cybersecurity
Brought to you by
Navigating Cybersecurity: Essential Guidance for Jewelers

From protecting customer data to safeguarding inventory records, it's crucial to learn how to tackle cybersecurity challenges.

5 main.jpg
Supplier BulletinNov 21, 2024
Tasha R Releases 2025 Labbelle Lab Diamond Jewelry Catalog

Sponsored by Tasha R

Weekly QuizNov 21, 2024
This Week’s Quiz
Test your jewelry news knowledge by answering these questions.
Take the Quiz
18-karat gold Tiffany & Co. pocket watch Captain Arthur Rostron
AuctionsNov 21, 2024
Gold Watch Gifted to Titanic Rescue Ship Captain Sells for $2M

Three Titanic survivors presented him with the personalized Tiffany & Co. timepiece about a year after the tragedy.

Cynthia Erivo wearing Have a Heart x Cynthia Erivo collection
CollectionsNov 21, 2024
Channel Elphaba in Muse’s ‘Have a Heart x Cynthia Erivo’ Collection

Cynthia Erivo chose Dreams of Hope, an organization dedicated to empowering LGBTQA+ youth, as the charity for this year’s collection.

Article-Top-Image.jpg
Brought to you by
Enhance Your Expertise with IGI’s In-Person Courses in NYC

This fall, sharpen your skills in jewelry grading, quality control and diamond assessment.

Mary Moses Kinney
IndependentsNov 21, 2024
Mary Moses Kinney Is Now Part of The Edge’s Team

Kinney, who spent nearly 30 years at IJO, has been hired to head Abbott Jewelry Systems’ new virtual marketplace.

Sotheby’s New York building
CrimeNov 20, 2024
Sotheby’s to Pay $6.25M Settlement to NY State for Alleged Tax Fraud

The auction house was accused of helping clients avoid paying taxes on millions of dollars’ worth of art purchased from 2010 to 2020.

Kering logo
Events & AwardsNov 20, 2024
Kering Debuts New Jewelry Award With Sustainability Focus

The four finalists will present their pieces at the 2025 JCK Las Vegas show.

Model wearing pieces from Camera Oscura collection
CollectionsNov 20, 2024
Pamela Love Channels Surrealist Artists in New Collection

The “Camera Oscura” collection showcases earring designs celebrating female Surrealist artists Claude Cahun and Leonor Fini.

Columbia Gem House “Pebbles to Pines” fundraiser
Policies & IssuesNov 20, 2024
Columbia Gem House Raises $10K for Reforestation Efforts

The money will fund the planting of 10,000 trees in critical areas across Oregon, Arizona, Montana, and other regions.

The jewelry symposium 2025
Events & AwardsNov 20, 2024
The Jewelry Symposium Opens Registration, Scholarship Applications

The event centered on advancing jewelry manufacturing technology will return to Detroit in May 2025.

Stock image of police cars with lights on
CrimeNov 19, 2024
Woman Killed in Armed Robbery of Sacramento Jewelry Store

Local reports identified the woman as the wife of the jewelry store owner.

Tsar Ferdinand I Bulgaria colored diamond pin and emerald diamond ring
AuctionsNov 19, 2024
‘A Tsar’s Treasure’ Fetches $2.9M at Sotheby’s Jewelry Sale

A collection of pieces owned by Ferdinand I, the first king of modern Bulgaria, and his family, blew away estimates in Geneva last week.

Trove NYC flagship exterior
MajorsNov 19, 2024
Trove Opens First US Flagship in NYC

The Australian jewelry box brand’s new West Village store will showcase new jewelers each month through its Designer in Residence program.

Snoop Dogg and Carolyn Rafaelian
CollectionsNov 19, 2024
Snoop Dogg’s New Jewelry Collection Is All About Love

“Lovechild” was created in partnership with Carolyn Rafaelian’s Metal Alchemist brand.

Helzberg CEO Brad Hampton
EditorsNov 18, 2024
Q&A: Helzberg CEO Brad Hampton on the Jeweler’s Rebrand

Hampton discussed how Helzberg is improving the customer experience and why it was inspired by the company formerly known as Dunkin’ Donuts.

Andrea Jose jewelry
Policies & IssuesNov 18, 2024
Reciprocity Jewels Returns to NYC Jewelry Week

The group will host several curated events and an exhibition of designer jewelry made with Peruvian gold traceable to the miners’ names.

Dolly Parton and Kendra Scott
CollectionsNov 18, 2024
Dolly Parton Shines in Collaboration with Kendra Scott

The collection honors the 50th anniversary of Dolly Parton’s “Love is Like a Butterfly” song, which shares a birth year with Kendra Scott.

IGI Expressions
Events & AwardsNov 18, 2024
IGI Jewelry Design Competition Returns

This year’s theme asks designers to take inspiration from classic fairy tales.

New York Comic Con Javits Center crowd
EditorsNov 15, 2024
Why Fine Jewelry Belongs at New York Comic Con

Senior Editor Lenore Fedow makes the case for why more jewelers should be appealing to nerds at the annual event.

Marie Lichtenberg and Raiz’in collection
CollectionsNov 15, 2024
Marie Lichtenberg Battles Counterfeits with New ‘Raiz’in Scapular’ Designs

The latest “Raiz’in” drop showcases a newly designed “Scapular” necklace and donates a portion of the proceeds to Make-A-Wish France.

Citizen 100th Anniversary Limited Edition #1 Pocket Watch
WatchesNov 15, 2024
Piece of the Week: Citizen’s Commemorative Pocket Watch

No. 1 out of 100, the timepiece was created to mark Citizen’s 100th anniversary and will be auctioned off at Sotheby’s next month.

My Next Question store security episode
Recorded WebinarsNov 15, 2024
Watch: 10 Tips to Keep Your Jewelry Store Secure

On the latest episode of “My Next Question,” two experts share best practices for store security during the holidays and year-round.

18th century diamond necklace
AuctionsNov 14, 2024
18th-Century Diamond Necklace Sells for Nearly $5M

Sotheby’s sold the necklace, which potentially has ties to Marie-Antoinette, for $4.8 million to a woman bidding via phone.

×

This site uses cookies to give you the best online experience. By continuing to use & browse this site, we assume you agree to our Privacy Policy