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

Trucks at the Orapa diamond mine in Botswana
SourcingFeb 04, 2025
New Deal With Botswana Is Done, De Beers Confirms

The agreement will allocate an increasing proportion of the country’s rough diamonds to the government of Botswana over the next decade.

Van Clef & Arpels Diane (Diana) Clip
Events & AwardsFeb 04, 2025
Van Cleef & Arpels’ Astronomy-Inspired Jewelry to Land at AMNH

“Cosmic Splendor: Jewelry From the Collections of Van Cleef & Arpels,” opens April 11 at the American Museum of Natural History.

Chocolate box ring by Mined + Found
SurveysFeb 04, 2025
Valentine’s Day Jewelry Spending Forecast to Hit Record High, Says NRF

Those celebrating Valentine’s Day this year are expected to spend a record $27.5 billion on jewels, flowers, candy, and more.

Top Image.png
Brought to you by
3 Ways to Capitalize on America’s Newfound Love of Colored Gems

Colored stones are stepping into a jewelry spotlight typically reserved for diamonds—are you ready to sell color?

Lady Gaga Tiffany & Co.  necklace worn to the 2025 Grammys
EditorsFeb 03, 2025
Best Jewelry Moments From the 2025 Grammy Awards

From Lady Gaga’s 1930s Tiffany & Co. necklace to Taylor Swift’s “T,” Michelle Graff recaps the night’s most memorable jewelry looks.

Weekly QuizJan 30, 2025
This Week’s Quiz
Test your jewelry news knowledge by answering these questions.
Take the Quiz
Jewelry designer Lauren Harwell Godfrey looking at colored gemstones
EditorsFeb 03, 2025
Q&A: 5 Jewelry Designers on Shopping the 2025 Tucson Gem Shows

A group of creatives talked to Associate Editor Lauren McLemore about their approach to the annual Tucson gem, mineral, and fossil shows.

Elizabeth Taylor diamond bracelet
AuctionsJan 31, 2025
Elizabeth Taylor’s Diamond Bracelet Outshines Estimate at U.K. Auction

The auction also featured the sale of a Cartier necklace made when Egyptomania was sweeping Great Britain.

Resolutions - 2025.jpg
Brought to you by
3 New Year’s Resolutions for Jewelry Lovers

The new year feels like a clean slate, inspiring reflection, hope, and the motivation to become better versions of ourselves.

Lalaounis Blossom Rosette charm
CollectionsJan 31, 2025
Piece of the Week: Lalaounis’ Good Luck Charm for 2025

The “Blossom Rosette” blooms with love, beauty, and hope for the year ahead.

Harvey Rovinsky, former owner of Bernie Robbins Jewelers
IndependentsJan 31, 2025
Harvey Rovinsky, Longtime Owner of Bernie Robbins Jewelers, Dies at 77

Rovinsky is remembered as a great mentor who made the employees of his stores feel like family.

Three diamonds in a row
Events & AwardsJan 31, 2025
Facets of Fire Has a Diamond Challenge for Retailers

For every jeweler who tries their luck, the company will make a donation to Jewelers for Children.

Jewelry writer and curator Melanie Grant
Policies & IssuesJan 30, 2025
RJC Executive Director Melanie Grant Is Stepping Down

An experienced jewelry writer and curator, Grant led the organization for two years.

Pharrell Williams and Tiffany Titan by Pharrell Williams Tahitian Pearl Necklace
CollectionsJan 30, 2025
Pharrell Williams Brings Tahitian Pearls to His New Tiffany & Co. Collection

Five new designs were added, all donning Tahitian cultured pearls and spear-like trident motifs, along with the new “Titan” setting.

Converge 2025 logo
Events & AwardsJan 30, 2025
Registration Open for Converge 2025

The inaugural event is being co-hosted by the American Gem Society and the Gemological Institute of America.

Annie Doresca, Jake Duneier, John W. Ford Sr., Margot Grinberg, and Ivette Stephanopoulos
MajorsJan 30, 2025
24 Karat Club of New York Elects 5 New Members

Jewelers of America’s Annie Doresca and AGTA CEO John W. Ford Sr. are among the new members.

Boucheron Scarabée Rhinocéros ring/brooch and Chardon necklace
CollectionsJan 29, 2025
Boucheron’s High Jewelry Takes the Form of ‘Untamed Nature’

The jeweler’s latest high jewelry collection looks into the Boucheron archives to create a “living encyclopedia of high jewelry.”

Elsa Peretti for Tiffany & Co. Bone Cuff
FinancialsJan 29, 2025
LVMH Watch, Jewelry Sales End the Year Down

Watch and jewelry sales slipped 3 percent in 2024, though the luxury conglomerate did see business pick up in the fourth quarter.

Olivier Kessler-Gay
MajorsJan 29, 2025
Chanel Names New General Manager of Watches, Fine Jewelry for US

Olivier Kessler-Gay will take over the role on March 3.

Stock image of couple shopping for jewelry
SurveysJan 29, 2025
Consumer Confidence Slips for Second Consecutive Month

It hit a four-month low in January due to concerns about the job market, though consumers remain bullish about the stock market.

Chris Ploof 6 Mokume Gane Rings
Events & AwardsJan 29, 2025
Chris Ploof To Teach Mokume Gane at AJS

The jewelry designer and master metalsmith will present on the ancient Japanese metalworking technique at the Atlanta Jewelry Show in March.

WFDB Moments campaign
SourcingJan 28, 2025
WFDB Joins Efforts to Promote Natural Diamonds With New Campaign

The “Moments” social media campaign emphasizes the emotional ties between natural diamonds and life’s special milestones.

Bliss Lau As We Are Collection Campaign
CollectionsJan 28, 2025
Bliss Lau Celebrates the Intricate Mosaic of Identity in New Collection

The versatile “As We Are” collection features 14 pieces with interlocking designs allowing for 27 different looks worn around the body.

Olympic gold medalist and De Beers ambassador Letsile Tebogo
SourcingJan 28, 2025
Botswana’s First Olympic Gold Medalist Is Now a De Beers Ambassador

Letsile Tebogo will help to promote natural diamonds and the good they have done for his country.

Hargreaves Stockholm NouvelleBox
Events & AwardsJan 28, 2025
NouvelleBox Show Returns to New York City

The showcase, in its second year, will feature more than 20 international brands at its curated event from Feb. 2-4.

Graphic for “Predictions for the Year Ahead” webinar
Recorded WebinarsJan 28, 2025
Watch: Fine Jewelry Market Predictions for 2025

“My Next Question” guests Sherry Smith and Edahn Golan share their 2025 forecasts, from sales and marketing to what retailers should stock.

AGTA Seminar Series
Events & AwardsJan 28, 2025
Here Is the 2025 AGTA GemFair Tucson Educational Lineup

The seminar series covers topics from market trends and colored stone terminology to working with museums and growing an Instagram profile.

A picture of the LeVian family including Larry LeVian
MajorsJan 27, 2025
Le Vian Corp. Chairman Larry LeVian, a Man of Faith and Family, Dies at 73

LeVian is remembered for his leadership in the jewelry industry and for being a selfless and compassionate person.

×

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