For the first time in Sri Lanka history one of the main rivers (Kalu Ganga in Kahangamuwa) has been auctioned for Rs. 30.6 million by the Gem and Jewelry Authority for gem mining. Hard to believe, really.
Useful link:
www.srilankagemautho.com
Discover P.J. Joseph's blog, your guide to colored gemstones, diamonds, watches, jewelry, art, design, luxury hotels, food, travel, and more. Based in South Asia, P.J. is a gemstone analyst, writer, and responsible foodie featured on Al Jazeera, BBC, CNN, and CNBC. Disclosure: All images are digitally created for educational and illustrative purposes. Portions of the blog were human-written and refined with AI to support educational goals.
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Friday, July 10, 2009
Jewelry Market Update
In a Downturn, Jewelers Aren’t So Precious. In this economy, many consumers would rather keep their money in their wallets than on their fingers, necks or ears. As people re-examine their budgets, jewelry is turning out to be one of the easiest places to cut back — or trade down (NYT). The half-carat is the new three-carat (Hayley Corwick). Spot on.
Artworks By Old Masters
Old Master price soars at auction. I think luck also played an important role. The painting was expected to fetch up to £250,000, but it sold for £1.3m as two bidders battled it out.
Useful links:
www.sothebys.com
www.bonhams.com
Useful links:
www.sothebys.com
www.bonhams.com
Michael Moore's New Film
Michael Moore has announced the title of his forthcoming documentary: Capitalism: A Love Story. Check out the link www.michaelmoore.com
Chaim Even Zohar Viewpoint
Playing with Figures
http://www.idexonline.com/portal_FullEditorial.asp
Useful links:
www.diamondintelligence.com
www.mckinsey.com
www.ndol.org
Fascinating post. Thanks Chaim.
http://www.idexonline.com/portal_FullEditorial.asp
Useful links:
www.diamondintelligence.com
www.mckinsey.com
www.ndol.org
Fascinating post. Thanks Chaim.
Thursday, July 09, 2009
Diamonds In The Rough
The human rights abuses in the Marange Diamond Fields of Zimbabwe has been shockingly horrific. Could the Kimberley Process (KP) simply ban diamonds from one area? No one knows. I think the government of Zimbabwe + World Diamond Council should take some proactive steps, and do the right thing.
Useful links:
www.hrw.org
www.kimberleyprocess.com
www.worlddiamondcouncil.com
www.jvclegal.org
Useful links:
www.hrw.org
www.kimberleyprocess.com
www.worlddiamondcouncil.com
www.jvclegal.org
The Knot Report
What Brides Say About Rings....and You. What I found intriguing was that stone cut/shape and style/setting vied for the most important attributes, with 53% and 52% respectively ranking them as #1 or #2. Metal was the third most important attribute, followed by stone size and price/value tied for fourth place. The least important attributes for engagement ring shoppers were the retailers and designers. Interesting trend indeed. Thanks Deborah for the insightful article.
Useful links:
www.theknot.com
www.weddingchannel.com
Useful links:
www.theknot.com
www.weddingchannel.com
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