Archive for the ‘Diamond News’ Category

Boycott of Leviev’s Settlement on Mother’s Day

Tuesday, May 13th, 2008

Soon after Leviev tried to open two other jewelry stores in the Emirate, on Mother’s Day eve he posted an ad in the New York Times with the title, “Happy Mother’s Day.”

Mother’s Day was originally established in 1870 by an abolitionist and activist named, Julia Ward Howe, in order to unite women against war. Instead, it seems like its being turned into another day for making money in the diamond district.

Together with the very brutal Dos santos regime, Leviev hires the Angolan security  company to mine diamonds in Angola. The Angolan security companies have been indicted of, “humiliation, whipping, torture, sexual abuse, and in some cases assassinations.” The area in which Leviev mines, making his millions of dollars annually, also has the poorest of people in the country, sometimes without schools, health services, roads, or even filtered water.

Mothers, mainly Arab and Jewish mothers, were at a fury with Leviev for using Mother’s Day as a day of profit. Therefore, a boycott was developed by Adalah-NY along with some New York mothers and Palestinian mothers from the West Bank, in two villages where Leviev had built settlements.

The angry mothers felt that since the governemtn isn’t going to do anything about the situation, they were. A group of women made colorful Mother’s Day cards labeled, “A Special Mother’s Day Greeting about the Lev Leviev Group of Companies.” Beneath that was a picture of a woman protesting. These cards were being distributed right in front of the Lev Leviev store on Madison, in NYC. The goal of this boycott is to deprecate violence, support humanrights, and stop using Mother’s Day as a day of profit for corporations.   Â

Popping The Big Secret- Jenna Bush Engaged

Monday, May 12th, 2008

The secret was hard to keep but now that Jenna Bush is married people should know where her dazzling engagement ring was designed.

Henry Hager, now the husband of Jenna Bush was looking for an antique designed engagement ring for his future wife, something similar to his great- grandmother’s diamond ring.

Jane Sternheimer, owner and president of Charles Schwarzschild Inc. was lucky enough to have found out about the engagement before the question was popped to Jenna. Hager had come to her company for the ring. Jae Sternheimer says, “Henry had well considered ideas regarding the type of ring he wished to present: classic and conservative….. He wanted the center stone to be flanked with sapphires and the ring to be made in platinum.”

Not to waste much time, Sternheimer began making phone calls in search for matching sapphires. Sternheimer finally got the sapphires and had the ring ready to be picked up on August ninth, the day Hager had asked for it.

Hager and his mother came to pick up the ring and while Hager’s mother snapped a few photo shots, Hager rattled on about his plans. On his way out of Sternheimer’s jewelry store, Hager was very polite and modest as to make sure to slip a thank you note on Jane’s desk.  Â

$750,000.00 Worth of Jewels Stolen in Broad Daylight

Thursday, May 8th, 2008

Armed with knives and ski masks on, three men wait on the block by the LBJ Freeway, close to the Dallas North Tollway. Wednesday afternoon, around 3:00 p.m. a broker begins to make his way to his car with $750,000 worth of jewels in his suitcase, when seeing his car blocked by another car and three thieves standing in front of it.

The broker impulsively begins to run in the opposite direction while the thieves chase him. Once they get the suitcase, they slice his tires to be sure the broker doesnt come after them.

Luckily the broker was not injured or hurt.

Police said that close to where the diamonds have been stolen is a huge building filled with diamonds and jewelry brokers.

This incident is very much similar to a diamond theft that happened a month earlier. A Garland jeweler left his car parked outside the diamond building. Loaded in the trunk of the car was $600,000 worth of diamonds and pearls. When the jeweler returned an hour later the car was gone and was found by police the next morning by an apartment close by.

Diamonds, Once Meant to be a Symbol of Love, Is Now Just Profit.

Monday, May 5th, 2008

    Though diamonds last forever, what’s a girl to do with them after a breakup or divorce, when it becomes worthless in her eyes?

Just because breakups and divorce rates get higher does not mean the hurt lessens.

After much research, there was a result of no such website that provides in selling eternity bands, engagement rings, and other valuable jewelry from divorced or broken up relationships.

About a few months ago a website was created primarily for that cause. Marie Perry, a writer and actress, and her daughter-in-law, Meghan Perry, formed Exboyfriendjewelry.com.  The website was designed for selling jewelry that lost emotional spark. The site also has a page for women who would like to tell there own story behind the piece of jewelry.

In the past three months many blogs have been written. Launched with the slogan, “Don’t want it. He cant have it back,” and 3,000 registered users, it has been a very successful website.

Many of the stories are not so extreme. Although there are women who are said to come from abusive relationships that have affected them but, are now moving on.

This past April, another website has gone public by two New Orleans students. The website, Ex-cessories.com and its motto, “Don’t Get Mad-Break Even,” offers independent appraisals of jewelry, matches buyers with seller, and provides a shared network.

One of the women on this site comments on her posted diamond ring saying, “Beautiful ring came with the wrong man. Decided to sell to regain the money that I spent finishing payments on the ring that my ex didn’t.”

Diamonds used like bathroom tiles

Thursday, April 10th, 2008

A car dealer in New york has commissioned one of the most expensive and outrageous car accessories yet.

It’s one of a kind ornament made of diamonds and platinum at a cost of about 200,000 its half the price of a Rolls Royce.

The ornament was designed by jeweler Jean Kemanjian. Its covered in diamonds, laid out in a pave surface similar to bathroom tiles.

Rings Stolen in Burglary

Thursday, April 3rd, 2008

The break in happened in Bessingby Road, Bridlington during broad daylight between the hours of 10am and 3pm, where burglars made an untidy search of the house before stealing the jewellery.

Out of 6 items 3 engagement rings were stolen 1 which featured a flower design formed out of a ruby and diamonds, a man’s gold dress ring and a gold eternity ring with rubbies embedded in half  the band.

Among those items there were also a gold engagement ring, this one with blue sapphires surrounding a diamond, a gold eternity ring, with raised blue sapphires covering half the band and a gold chain.

Nothing else but these items where believed to have been taken.

Worlds Smallest Diamond

Tuesday, April 1st, 2008

At a Meir 5 micrometers across and 300 nanometers thick, this diamondring is unlikely to fit on anyone’s finger. However this ring was designed to attempt to help scientist build powerful computers that use the properties of quantum physics.

“For quantum information processing diamondstruly have some unique possibilities,” said Steven Prawer.

Building a quantum computers have enormous challenges and diamondsmaybe able to help over come some of those challenges that scientist will face.

For more information go to http://dsc.discovery.com/news/2008/03/28/smallest-diamond-ring.html

How a thief made off with $47,000 diamond ring

Thursday, March 20th, 2008

When you think of a robbery you usually think of things being broken or damaged and than everything being done well in the this case it was more of a linger and lift.

The owner of of a small jewelry store in Doylestown Shopping Center said this man who walked off with the diamond engagement ring looked at merchendise for over 2 hours before he finally found the opportunity to swipe the gem while the clerk wasn’t looking.

“We’ve had things happen like this in the past” he says but it was clear what the people were doing the would swipe the diamond rings out of the clerks hands and run. However in this case the thief made it a point to really tire out the sales person.

According to Robinson the owner of the jewelry store. The surveillance video clearly shows the man holding the diamond ring and than quickly covering it with his fingers when he had the opportunity.

With in seconds the man was out the door. He said he needed to get his check book and left. The sales person didn’t even realize that anything was missing until she was putting all the other diamond engagement rings aways.

It is led to believe that this mad specifically chose the most expensive ring in the case but not just in the case in the highest priced item in the store. Â

RIsing Polished Diamond Prices Jolt Industry

Tuesday, March 18th, 2008

 Over the past few days days polished diamonds have soared in price which has caused many people and companies to feel uncertainty.

According to the IDEX average prices have increased by more than 5% since January.

Surprisingly smaller goods with clarity’s of I1 or higher have been extremely active.

0.004 carat diamonds have been in very high demand lately, these type of goods are usually used in watches. With that being said manufacturers have created new designs to make use of these goods.

High quality certified 1 carat and bigger goods have also raised. And according to Idex over the past 2 months these polished diamond prices have sored by 6.7%.

Prices for diamonds 2 carats and above have been strong for some time now and half carat goods are joining.

These rising prices are are not causing traders to jump for joy, instead it has left them with the not so good feeling of total uncertainty.

More People come forward in probe of Willow Gen diamond jewleler

Friday, March 14th, 2008

So far about one dozen people have come forward with clams about San Jose jeweler selling them poor quality diamonds.

One buyer even stated that he found out that the diamonds that he bought from the company in-fact weren’t even diamonds at all but that they were cubic zirconium.

After police launched an investigation against Gerald Dan Makoma he finally came forward with at statement. “I regret that I did do that, and I deeply regret that. And I’ve been doing everything I can to make it right.”

Many people mentioned to police that Mokma had a gun in the store for protection. Since that the gun has been recovered and is being stored with police for safe keeping.

One women recalls having her diamonds reappraised after hearing rumors that Mokma shop was robbed and found out that almost all of her pieces were sold to her for much more than there actual value.

According to police Mokma finally confessed to fabricating that robbery and shooting him self in the leg. Mokma was charged with two misdemeanors related to the robbery; including making a false police report and reporting a false emergency.

Mokma pleaded guilty and was sentenced to serve 20 days-in a weekend work program and received a two year court parole.

Police say that after there investigation is finished they will be handing this over to the district attorney’s office.