IDEX Polished Price Changes for March 6

by Danielle Max

There was a lot of movement across the board this week when it came to changes in the price of polished diamonds. While there were a number of changes downwards, there was more upwards movement than we have seen in quite some time.

Round stones under 1 carat saw plenty of positive shifts, with prices increasing by as much as 6 percent in certain categories.

There was also plenty of decent movement in the fancies, with stones under 0.5 carats showing decent positive movement, again by as much as 6 percent in isolated categories.

To receive a free copy of the full IDEX Online Diamond Price Report, contact prices@idexonline.com.

Rounds

  • 0.18-0.22 cts D/ VS2 up 3%, D / SI1-SI2 and I1 up 3%-5%
  • 0.23-0.29 cts H / SI2 down 4%
  • 0.30-0.39 cts a few changes, all positive, including D / IF and I / VVS2 up 3%
  • 0.40-0.44 cts some changes, all positive, including D / IF up 2% and H-L / VS2-SI2 up 2%-3%
  • 0.45-0.49 cts D-F / IF-VVS1 up 2.5%-3%
  • 0.50-0.69 cts J / IF up 3%, H-I / SI2 up 2%
  • 0.70-0.79 cts some changes including H / I2-I3 down 3%-4% and K-L / I1-I2 up 4%-5%
  • 0.80-0.89 cts H-I / I2 down 3%, KLM / I1-I2 up 4%-6%
  • 0.90-0.99 cts H / VVS1 up 3%, J / I1 up 5% and K / SI2 down 4%
  • 1.00-1.24 cts no change
  • 1.25-1.49 cts H / SI2 down 3% and L / VS1 down 2%
  • 1.50-1.99 cts D / VVS2 down 3%
  • 2 cts M / SI2 down 2%
  • 3 cts no changes
  • 4 cts E-F / SI2 down 3%
  • 5 cts D-E / SI2-I1 and J / IF-VS1 down 1%-3%, K-L / VS1 down 3%

Fancy Cuts

  • 0.18-0.22 cts F / VVS1 down 4%
  • 0.23-0.29 cts I / VS2-SI1 up 6%
  • 0.30-0.39 cts some changes, all positive, including D-E / IF up 3% F / VS2 and SI3-I1 up 3%-5%
  • 0.40-0.44 cts no changes
  • 0.45-0.49 cts a number of changes, all positive, including G / VS1 up 2.5% and L-N / IF-VS2 up 4%-5%
  • 0.50-0.69 cts H / VS2 down 2% and J / SI3 down 4%
  • 0.70-0.79 cts H / VVS2 down 3%
  • 0.80-0.89 cts I / I2 down 4%
  • 0.90-0.99 cts F / IF down 3%
  • 1.00-1.24 cts D / IF up 3%
  • 1.25-1.49 cts D / IF and H / IF up 3%, I / SI3 down 3%
  • 1.50-1.99 cts a few changes including D / IF up 3% and G-H / I1-I2 down 3%-5%
  • 2 cts I / IF-VVS1 down 3%, J / IF up 3%
  • 3 cts changes both up and down, including I-J / SI3-I2 down 2%-4.5%, E / VS1 down 3% and J-K / SI1 up 3%
  • 4 cts G / VS2  down 3%
  • 5 cts a number of changes, mostly positive, including D-F / VS1-SI2 up 3%
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Endless Jewelry Implements GemFind's JewelCloud Catalog Web Application

Endless Jewelry is now offering its entire collection on JewelCloud.

This allows Endless Jewelry to expand their brand presence by letting existing retailers easily integrate the product line within their own website.

It also helps Endless Jewelry keep in touch with retailers through JewelCloud’s user-friendly dashboard interface that is easily kept updated with the latest product lines. Endless Jewelry joins other manufacturers and designers who are presently part of the JewelCloud, such as Tacori, Hearts on Fire, Simon G, Gem Platinum, Martin Flyer, Gemsone Corporation, KC Designs, Stuller and many others.

“JewelCloud is a great tool for connecting with existing retailers as well as for finding new prospects,” said Meghan Pearson, Endless Jewelry’s Marketing Manager. “It is a very user-friendly system, easily updated as new lines are introduced, ensuring that our customers have access to all current collections. Best of all, our customers truly enjoy having an interface that allows them to begin easily and quickly selling online,” concluded Pearson.

“The JewelCloud catalog web application installs into the retailer’s current website” Said Alex Fetanat, CEO of GemFind. “Product photos and details are streamed and all can be changed in real-time. Enjoying multiple benefits, vendors like Endless Jewelry control how digital assets are shared, automate price changes, invite stores to connect to them and invite sales reps to manage leads and make appointments”, concluded Fetanat.

Visit www.gemfind.com for more information on GemFind’s JewelCloud Catalog. Visit www.endlessjewelry.us for more information on Endless Jewelry.

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Movado Presents Photo Exhibition by Joel Sternfeld

Movado Group is celebrating the opening of Baselworld 2015 with a special exhibition of art works by the American photographer Joel Sternfeld. His pictures will be on display in MGI’s spectacular exhibition space in Hall 1.0 South at the Basel Exhibition Center in Switzerland, from March 19 through 26.

On view will be a selection of nine photographs from the seminal body of work “American Prospects”, along with 7 photographs from the more recently released "First Pictures."

Taken during the ‘70s and ‘80s in locations throughout the United States, these evocative color pictures depict America, its inhabitants and the traces left by people on the landscape. With a penchant for subtle irony and a unique color sensibility, Sternfeld offers images of daily life in America with all its sublime contradictions and tragic comedy.

“We are excited to share the extraordinary work of acclaimed photographer Joel Sternfeld at Baselworld this year,” stated Efraim Grinberg, Chairman & CEO, Movado Group. “This marks the second year we have occupied our exceptional new exhibition space. We could not be more pleased with its success from a both a business and design perspective – it affords us a unique opportunity to host exciting, innovative artistic and cultural exhibits that expand and enhance the Movado Group experience.”

Joel Sternfeld was born in New York in 1944. He earned a Bachelor of Arts degree from Dartmouth College in 1965 and began making color photographs in the 1970s. At its foundation his practice has a distinct set of conceptual strategies: the building of narrative, use of humor and irony, and an examination of society and the environment. He also developed a unique set of formal strategies: painterly use of color and deliberate compositional structures, which serve to emphasize the picture's message. Because of these innovations, Sternfeld is considered a pioneer in art photography and his work has been highly influential.

Sternfeld has exhibited his photographs internationally and his pictures can be found in many important public and private collections.

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Giorelli Names Jeff Koch to Sales Post

The Gioielli Group, which recently presented the Pesavento product line at the Centurion show in Scottsdale, AZ, has announced that Jeff Koch will be the National Sales Director. Jeff's 15 years of experience in the jewelry industry combined with his vast experience gained while in leadership positions at David Yurman and Judith Ripka will make him an invaluable asset to the Gioielli Group team. Jeff Koch will be supported by dedicated sales training and merchandising experts as well as our internal marketing team.

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