
Hearts on Fire, AGS Polish Grading & GIA Clumsiness
August 12th, 2010Yesterday we received a diamond from our International Selection that had an inscription that I had never seen in real life before.
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Yesterday we received a diamond from our International Selection that had an inscription that I had never seen in real life before.

From time to time, we get asked why our prices are so cheap. Whilst I don’t like answering that question, my standard answer usually includes statements like “our overheads are lower”, “we buy directly from the manufacturer”, “we manufacture our jewellery in-house” and so on a so forth. Anyway, today I was reading in the Australian Jeweller Magazine, an article about jewellery industry benchmarks in respect to cost of goods sold, labour and rent.

One of the benefits of buying an International Selection diamond from us, is that you don’t have to pay in full until the diamond (or ring) is ready to be shipped or collect.

Something that we do on a daily basis is provide quotes on manufacturing engagement rings, wedding rings and other jewellery. Sometimes, especially with very labourious jobs, customers are surprised at the high cost, whereas with simple jobs, the are surprised at the low cost.

“Brass and Glass” is the affectionate name given to silver replica rings set with cubic zirconias. It essentially allows jewellery shoppers to try on rings and other jewellery before they buy so they can see what it looks like on their hand, whilst keeping inventory cost for the retailer at a minimum.

It is a common belief amongst the diamond buying public that diamonds are unbreakable. After all, they rate 10 on the Moh’s scale, so they must be tough, right?

A few weeks ago, the Jewellers’ Association of Australia (JAA) released their highly anticipated Code of Practice.

There’s been quite a bit of hoopla in the American media lately about the price of gold reaching US$1000 per ounce. However, as this article explains, it has really dropped about 25% in Australian dollar terms from its highs in February.

Over the past few months, we’ve been working on building a new jewellery workshop. This past week, we finally finished it, so I guess it’s time for photos.

Over the past 18 months, we have been stocking a good number of diamonds with fluorescence. In days gone by, high colour diamonds with strong fluorescence were marketed as “blue-white” diamonds and commanded a premium. In modern times however, fluorescence has been typically frowned upon by the trade and therefore consumers. However, is this about to change?