Signed jewels and white diamonds are some of the safer bets for collectors, insiders say.
In this first half of a two-part series, we explore some of the American Gem Trade Association’s key achievements.
No changes to 2024 production plan despite weak demand.
Auction also sees strong demand for collections from Hollywood legends Mary Tyler Moore, Barbara Sinatra and Tony Randall.
Drop for 2024 reflects decline in prices, sources say.
1ct. RAPI +0.8% in November.
Miner also announces new organizational structure and executive committee.
Auctions, Auctions Everywhere: Magazine Highlights
Fairs of estate: A list of yearly US trade shows where antique and vintage jewelers can discover treasures, trends and inspiration.
Diamonds rock the block: Blues, pinks and yellows studded the top lots at the season’s sales.
The senior specialist and director of fine jewelry and watches talks about her evolution from art history student to in-house jewel expert.
Market Comment - Dec. 07, 2023
US market doing okay, with good demand for select sizes and qualities. Prices for better-quality round, 0.50 to 1 ct., F-I, VS2 to SI2+ goods stabilizing, with shortages of oversizes. RAPI for 1 ct. +0.8% in Nov., 0.50 ct. +1.2%.
Overall market may be starting to bottom out due to reduced supply, but there is danger of future oversupply as India ends voluntary ban on rough imports on Dec. 15.
G7 announces strengthening of Russian sanctions, which later in 2024 will include “Russian Source” diamonds cut elsewhere.
Signet notes bridal recovery after 3Q sales -12% to $1.4B.
Muted New York Magnificent Jewels auctions see totals of $38.4M at Sotheby’s, $38.1M at Christie’s.