AZGem Gems

June 2013

 

gem stone and jewelry newslettergem stone and jewelry newsletter

 


The World's Most Useful
Gem & Jewelry Monthly Newsletter

Written by Carolyn Doyle for customers of
The Dorado Company

and other visitors to the azgem.com website who subscribe.

 

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Usable Gems... and a little opinion.

  

Gemstone Fair Trade Is About Control

 gemstone fair trade is about control

 

Gemstone Fair Trade Is About Control, this month’s feature article is written by an East African gem miner and aggregator who deals with other gem miners in his region. He is responding to a recent press release that we forwarded to him. The text of the press release is posted below his comments.

                     

Fair Trade Programme Is Not Favoured

 

Gemstone Fair Trade is not to be confused with free trade. Free trade is a process whereby two or more entities agree to an exchange that is advantageous to all parties… the well known “Win – Win Transaction” that is the basis of worldwide capitalism.

Fair Trade is a Progressive political concept about central planning and control - in this case the exchange of gemstones. The stated goals of Fair Trade are said to be social change. In practice, Fair Trade programmes applied to other goods have proven to have unintended (?) consequences.

This Gemstone Fair Trade Is About Control commentary is written from a legacy of previous experience. Only after such a programme is engaged is the dilemma realised.

 

gemstone fair trade is about control

 

 

Fair Trade rules, regulations, controls, and power in the hands of a few seem to inexorably be accompanied by onerous realities.

Coloured Gemstone Fair Trade would bring:

  1. Additional expenses at each step of the supply chain
  2. Higher prices must inevitably follow
  3. Giving advantage to large, corporate mining operations, and
  4. Over-burdensome regulations - forcing many individual, family, and village mining ventures out of operation.

Gemstone mining and trading enterprise rewards mining families with an improved lot, and a more comfortable existence.

 

gemstone fair trade

 

 

gemstone fair trade

 

We small-opportunity gem miners of East Africa wish to continue engaging in free trade. We are bearing up with the regulations and tariffs our governments impose, and do not welcome additional. That is the sentiment of many I know.

Gemstone Fair Trade Is About Control, is written by a miner with experience in both gemstone mining and a previous fair trade experience in another field.

 

RAPAPORT... PRESS RELEASE, May 22, 2013, Las Vegas: 

This year’s Rapaport Fair Trade Conference at JCK Las Vegas will provide a robust discussion of what the jewelry industry can and should do to ensure the legitimacy of the jewelry supply chain. Industry leaders will participate in an open discussion about proactive measures for the implementation of ethical standards. The conference follows ahead.

Confirmed panelists include: Eric Braunwart, the president of Columbia Gem House Inc.; David Bonaparte, the president and CEO of Jewelers of America (JA); Benjamin Hackman, the president of the International Colored Gemstone Association (ICA); Larry Drummond, the president of Metalor U.S.A. Refining Corporation; Michael Rae, the CEO of the Responsible Jewellery Council (RJC); Ronnie VanderLinden, the president of Diamond Manufacturers and Importers Association (DMIA) and the moderator is Martin Rapaport, the chairman of the Rapaport Group.

The conference will be held at the JCK Las Vegas show in the Banyan Ballroom, Mandalay Bay Hotel on Sunday, June 2, 2013 at 2 p.m. The Rapaport Fair Trade Conference is part of a series of conferences being held on June 2, including the Rapaport Breakfast at 8 a.m.

 

gemstone free trade not gemstone fair trade

 

 

“It’s time for the diamond and jewelry industry to progress from talking about standards to implementing reliable chain-of-custody and source certification programs. The Rapaport Fair Trade conference will provide an opportunity for industry leaders to discuss proactive measures that will ensure the legitimacy of the diamonds, gems and jewelry we sell,” said Rapaport about this year’s conference.

The Agenda
Source Certification and RJC Chain-of-Custody Certification
1. Introduction
2. How can the diamond and jewelry industry be sure that the products they sell are legitimately sourced?
3. How do we move forward from the development of standards to the implementation of source verification, auditing and certification programs?
4. What programs currently exist? What are their benefits and limitations? Can gold certification programs be extended to diamonds, gems and other metals?
5. What about products sourced from areas where source certification is impossible or too expensive to implement? Will source certification negatively impact the income of artisanal diggers? Can this be avoided?
6. Where do we draw the line when it comes to implementing ethical standards?
7. How can source-certified products be identified at the consumer level?
8. What impact will source certification have on the marketing and sale of non-certified products?


Free registration is available at www.diamonds.net/JCK2013, via email conference-at-diamonds.net or by phone +1-702-893-9400.

Rapaport Media Contacts: media@diamonds.net
U.S.: Sherri Hendricks +1-702-893-9400;
International: Shira Topiol +1-702-425-9088

About the Rapaport Group: The Rapaport Group is an international network of companies providing added value services that support the development of fair, transparent, efficient, and competitive diamond and jewelry markets. Established in 1978, the Rapaport Diamond Report is the primary source of diamond price and market information. Group activities include Rapaport Information Services providing research, analysis and news; RapNet – the world's largest diamond trading network with daily listings of over 1 million diamonds valued at US$6.5 billion and 12,000 members in 80 countries; Rapaport Laboratory Services provides GIA and gemological services in India, Belgium and Israel; and Rapaport Trading and Auction Services with monthly sales of over 50,000 carats. The Group employs 180 people with offices in New York, Las Vegas, Antwerp, Ramat Gan, Mumbai, Surat, Dubai, Hong Kong and Shanghai. Additional information is available at www.Rapaport.com.‎

About Rapaport Fair Trade: The Rapaport Group is committed to the sustainable development of ethical diamond, gold and jewelry products and markets. We believe that retailers, manufacturers and their suppliers should proactively investigate their supply chains to ensure the legitimacy of the products they sell. We also believe that Fair Trade products sourced from artisanal miners or produced by disadvantaged communities can be a catalyst for the alleviation of poverty. Additional information about Rapaport fair trade initiatives is available at https://www.diamonds.net/fairtrade or via email at fairtrade@diamonds.net.

 

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A Google search using keywords such as fair trade social movement can return some very interesting information and websites.

 

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Gem Offer

 

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Here is this month's special gem deal. 

 

Gem:    Topaz 

Color:     Swiss Blue

Quality:     Gem

Shape:     Emerald

Size:     10 x 8 mm

Weight:     3.95 carats

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We keep gem prices low by buying quality gemstone rough worldwide, and having the rough material cut by our gem cutters in Asia.

 

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Gem Industry News

 

The Gem & Lapidary Dealers Association Tucson Gem Show is now the JCK Tucson Show

 

For many years the Gem & Lapidary Dealers Association (GLDA) Tucson wholesale gem show was held at the Radisson - City Center hotel. That hotel is next door to the American Gem Trade Association's colored gemstone show at the Tucson Convention Center. The location of the Gem & Jewelry Exchange show is just across the street. It was all very convenient to have three of the most important jewelry-trade-only shows within walking distance.

In 2005, the GLDA show relocated to the Marriott Starr Pass Tucson Resort & Spa, located a few miles away from its former home. The number of gem show attendees have since dwindled, and as a consequence, some dealers have moved to the other shows.

Now the GLDA show has been taken over by JCK Events. The show will continue to held at the Marriott Starr Pass location - for now. It is widely assumed the show would relocate to a proposed convention center area hotel... if that hotel actually gets built.

The text of the JCK Events press release announcing the takeover is shown below.

 

On May 24, JCK Events announced it had taken over the B2B G.L.D.A. Tucson Show with plans to transform it into a fine jewelry–centered event.

The new JCK Tucson show will be held at the JW Marriott Starr Pass Resort Feb. 3–8, 2014, during Tucson’s jewelry weeks.

“JCK Tucson will cover the finished fine jewelry segment and feature luxury and design exhibitors, which will provide a new opportunity for exhibitors within the built-in audience already visiting Tucson,” says Yancy Weinrich, JCK Events’ group vice president. “The JW Marriott Starr Pass provides an opulent setting and environment for both exhibiting and networking beyond the show floor. With the outdoor patios, mountainous backdrop, golf course, and spa, it is the place to stay while in Tucson.”

Arnold Duke, president of the G.L.D.A., said in a statement that the new show will “bring new exhibitors and buyers” and be a “win-win not only for the jewelry industry, but the city of Tucson."

For more information on the qualification process for exhibiting, contact John Tierney at jtierney@reedexpo.com.

 

 

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Jewelry Dealers

 

wholesale jewelry

 

From a supply perspective, now is the time to replenish your depleted inventory. If you have some money to invest in inventory - there are deals to be had. And you should have some cash. After all, that depleted inventory was sales.

From a sales perspective, gift giving occasions have not disappeared. Birthdays, anniversaries, and many other reasons to give nice jewelry at a great price just keep on coming. Your customers (and their friends) need what you offer!

We are still in a market where buying has been repressed for several years. You can your marketing strategy to encourage existing customers to buy this year. Offer value and good deals, and...

Be The Quality Jewelry Discounter.

 

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Jewelry Dealers Program

 

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Do you enjoy jewelry and gems?

Do you enjoy talking with friends and friends of friends?

Could you use an extra income source?

Take a look at our great Jewelry Dealers Program.

 

 

Carolyn Doyle

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