Many brick and mortar retailers are noticing a boost this shopping season because of a recent Supreme Court decision closing a tax loophole that had favored online commerce. For many years, the law prohibited states from charging sales taxes to businesses that did not have a physical location in the taxing state. In South Dakota… Read More »
Gold is our favorite metal but platinum comes in as a close second. What is going on with platinum these days? Usually trading at roughly the same as gold, platinum has taken a nose dive. But still some major players are betting on platinum…
Last week I hear Duchess Meghan Markle is wearing gold, and I find myself clinging to the hope that gold is making a resurgence. I am hanging onto this, and it’s sad. Frankly our favorite precious metal has been going through some turmoil these days making me a nervous wreck. Fluctuating gold price and the… Read More »
As the football playoffs get into full swing, players start to dream of the ultimate prize: the Super Bowl ring. If you ask one of these players how much a Super Bowl ring is worth to them, they would probably say it is priceless. For them, it’s more about what the ring represents —… Read More »
Whether you are new to the diamond trade or are becoming more experienced with diamond sales, you may be somewhat curious about just how diamonds are priced. You probably know about the four Cs — cut, clarity, color and carat — which are the basic factors that determine pricing. What do these terms actually mean,… Read More »
I just read an interesting article about internet searches for engagement rings and I thought I would share. We don’t see too many rings like this come through the refinery. I would say these are the type of heirlooms that are passed from one generation to the next.
Our headline is actually a comment made by our Lab Manager, Olga Yankov. Our customer sent in a ring they assumed was platinum as part of a lot scheduled to undergo our Premium Stone Removal Process.
If you buy jewelry you are surely aware of the challenge of differentiating between these gray/white colored metals. It is not always easy to tell with the naked eye but this is may help.
We recently had a conversation with a jewelry store owner who has 5 locations and spends his time traveling between the stores. Each store has a manage r and the manager’s main concern is selling wedding rings, gemstones and custom jewelry. One of the stores has a resident goldsmith. All of the stone sizing, removal,… Read More »
Even after the best retail holiday season, you are inevitably left with inventory that just did not sell. Here are some suggestions on how to clean out the store quickly to make room for new merchandise. 1. Send It or Swap It If you are a multi-store retailer this is an easy one. As… Read More »