Jewellery World Magazine - April 2022
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APRIL <strong>2022</strong><br />
AUSTRALIA AND NEW<br />
ZEALAND’S PROFESSIONAL JEWELLERY MAGAZINE<br />
S&S<br />
STONES& SILVER<br />
STERLING SILVER JEWELLERY
Concept to Creation<br />
YOUR JEWELLERY DESIGN BROUGHT TO LIFE<br />
1300 886 108 | AUSTRALIA WIDE<br />
palloys.com
Affection Diamonds<br />
Suite 504, Level -5 250 Pitt Street Sydney NSW -2000<br />
Call Us: 02 9264 2211 | Mobile: 0400 60 70 70<br />
Email: affectiondiamonds@gmail.com<br />
www.affectiondiamonds.com.au<br />
YOUR ONE STOP SHOP FOR DIAMONDS<br />
Buy Diamonds With Confidence * Diamond & <strong>Jewellery</strong><br />
Wholesaler * Gemstones Available on Order<br />
Gia Certified Diamonds | Argyle Pinks | Natural Fancy Colour<br />
Diamonds | Calibrated Small Diamonds | Old Cut, Single Cut<br />
& Rose Cut Diamonds | Matching Pairs | Black & Salt &<br />
Pepper Diamonds | Treated Colour Diamonds<br />
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<strong>Jewellery</strong> <strong>World</strong> <strong>Magazine</strong><br />
ABN: 82 637 204 454<br />
ISSN: 2207-6751<br />
PO Box 54, Camden NSW 2570<br />
P: 0431 844 903<br />
Subscription: www.jewelleryworld.net.au<br />
Enquiries: info@jewelleryworld.net.au<br />
Web: www.jewelleryworld.net.au<br />
managing director<br />
Jeremy Keight 0431 844 903<br />
jeremy@jewelleryworld.net.au<br />
editor<br />
editor@jewelleryworld.net.au<br />
contributing writers<br />
Kirsten Ehrlich Davies<br />
Stefan Juengling<br />
Cynthia Unninayer<br />
Cheryl D Harty<br />
art<br />
design@jewelleryworld.net.au<br />
advertising sales<br />
sales@jewelleryworld.net.au<br />
REGULARS<br />
6 News<br />
14 Palloy's Points<br />
16 Trade Well with Rami Baron<br />
18 JAA News<br />
40 Birthstone - Emerald<br />
42 Watches<br />
48 New Products<br />
50 Directory<br />
FEATURES<br />
20 Let's get personal<br />
Bespoke and personalised jewellery. What makes<br />
customisation so special?<br />
28 Pearls – from consistency to contrast<br />
All the latest trends in the world<br />
of pearls.<br />
20<br />
28<br />
42<br />
32 Mikimoto and the great pearl disruption<br />
You think lab grown diamonds are making a splash?<br />
Mikimoto messed things up a hundred years ago.<br />
DISCLAIMER:<br />
This publication may not be reproduced<br />
in whole or part without the written<br />
permission of the Publisher.<br />
Articles express the opinions of the<br />
authors and are not necessarily those of the<br />
Publisher or Editor. Mention of a product or<br />
service in this magazine does not indicate the<br />
Publisher’s endorsement.<br />
The Publisher excludes all liability for<br />
loss resulting from any inaccuracies or false<br />
or misleading statements that may appear<br />
in this publication.<br />
All information is copyright.<br />
34 Russian diamonds<br />
Russia's invasion of Ukraine has put Russian<br />
diamonds on the nose. Can the industry live<br />
without them?<br />
46 The brooch as diplomatic tool<br />
The late Madeleine Albright wore a diplomatic<br />
arsenal on her shoulder.<br />
AUSTRALIA AND NEW<br />
APRIL <strong>2022</strong><br />
ZEALAND’S PROFESSIONAL JEWELLERY MAGAZINE<br />
S&S<br />
STONES& SILVER<br />
STERLING SILVER JEWELLERY<br />
FRONT COVER<br />
Stones and Silver<br />
www.stonesandsilver.com.au<br />
4<br />
jewellery world - <strong>April</strong> <strong>2022</strong>
All Silver is Rhodium Plated<br />
All Silver is Rhodium Plated<br />
• Sydney AGHA Gift Fair - February 21-24, 2020 (Homebush)<br />
• International • Sydney AGHA <strong>Jewellery</strong> Gift Fair -September - February 21-24, 12-14, 2020 (Homebush)<br />
(Darling Harbour)<br />
• International <strong>Jewellery</strong> Fair -September 12-14, 2020 (Darling Harbour)<br />
TJDSILVER.COM.AU 0400272365 ADMIN@TJDSILVER.COM.AU<br />
TJDSILVER.COM.AU 0400272365 ADMIN@TJDSILVER.COM.AU
News<br />
Two-thirds of Tiffany staff left after takeover<br />
Just over a year since the brand was acquired by LVMH,<br />
only around one third of Tiffany’s original staff remain<br />
with the company, said CEO Anthony Ledru in an interview<br />
with WWD in March.<br />
According to LinkedIn, Tiffany & Co has more than 13,000<br />
employees. Two-thirds of these have moved on since<br />
January 2021.<br />
Ledru told WWD that Tiffany particularly looked for<br />
workers in the “wider fashion industry,” whom he believed<br />
could “bring a faster pace of thinking.”<br />
Rare coin features Argyle pink diamonds<br />
The Perth Mint is offering a limited-edition coin – the Jewelled Koi – that<br />
highlights the exceptional beauty of Australia’s coveted Argyle pink diamonds.<br />
Described as one of The Perth Mint’s most luxurious coins launched to date, the<br />
Jewelled Koi is part of the group's Masterpieces Series and is the fifth annual<br />
release from a range of diamond-studded coins, namely Jewelled Phoenix,<br />
Dragon, Tiger, and Horse coins – all sought after by enthusiasts all over the<br />
world.<br />
This is also the first time that a Perth Mint coin features pavé set white<br />
diamonds and ultra-rare Argyle Pink Diamonds. There are only eight of these<br />
coins available at AU$262,800 each.<br />
Jane King, acting CEO of The Perth Mint, expects the Jewelled Koi series to sell<br />
out as interest in the organisation’s minted offerings continued to soar, adding<br />
that sales of gold minted products in 2021 were the highest in a decade.<br />
Neil Vance, The Perth Mint general manager, Minted Products, said the closure<br />
of Rio Tinto’s Argyle diamond mine in 2020 further bolstered demand for pink<br />
diamonds.<br />
“We are living in a fast-moving world, and that’s an<br />
important skill set for a lot of people coming from the<br />
fashion world, where there are a lot of drops and you<br />
have to react quickly,” he reportedly said. “That’s what<br />
you need in hard luxury now.”<br />
Alrosa closes US office<br />
Russian diamond producer Alrosa has closed its USA office<br />
after the resignation of Rebecca Foerester.<br />
Rebecca Foerester, the Alrosa USA president until <strong>April</strong> this<br />
year, resigned her position citing the geopolitical situation.<br />
Only a day after her resignation, US President Joe Biden<br />
banned Russia from importning rough or polished<br />
diamonds into the United States in response to Russia’s<br />
invasion of Ukraine.<br />
Alrosa, the world’s leading diamond producer by volume,<br />
is one-third owned by the Russian Federation.<br />
“The Jewelled Koi is struck from 10oz of 99.99 per cent pure gold in proof<br />
quality, with no less than 78 pink diamonds from the Argyle mine and 80 fine<br />
white diamonds per unit – making these coins an incredibly attractive keepsake<br />
for premium coin collectors,” said Vance.<br />
According to the Perth Mint, the koi is widely considered to be a lucky omen for<br />
marriage, fertility, prosperity and wealth, with just eight coins produced in the<br />
series, as eight is the luckiest number in Chinese culture.<br />
6<br />
jewellery world - <strong>April</strong> <strong>2022</strong>
News<br />
India promotes gold and gem exports<br />
India’s Union Minister for Commerce and Industry, Piyush<br />
Goyal, has announced his goal to make the country’s gold<br />
and gem industry self-reliant, through a focus on export<br />
promotion.<br />
Bulgari and the BAFTAs<br />
High-end jewellery and watch brand Bulgari is now an official<br />
sponsor of the British Academy of Film and Television Arts<br />
(BAFTA) in time for this year’s award ceremony.<br />
The brand has a long association with the film industry, with<br />
stars from Ingrid Bergman to Lady Gaga wearing Bulgari<br />
jewellery on-screen. Elizabeth Taylor wore Bulgari jewellery to<br />
the 1967 BAFTAs.<br />
As host of the <strong>2022</strong> BAFTAs in March, Australian actress Rebel<br />
Wilson consolidated the new sponsorship deal by wearing<br />
statement Bulgari earrings. While the stars at the event<br />
showcased a wide range of luxury jewellery brands, Daisy<br />
Ridley, Becky Hill and Ariana DeBose joined Wilson in wearing Bulgari.<br />
Clash between luxury brands<br />
Cartier has filed a complaint against fellow luxury<br />
brand Tiffany & CO, alleging that Tiffany & Co has<br />
attempted to steal trade information by luring<br />
Cartier staff members away.<br />
Goyal predicted that gem and jewellery exports from<br />
India will reach USD 40 billion in the current financial year,<br />
registering a growth of 6.5 percent, which would exceed<br />
the pre-COVID levels. He believes that the government is<br />
supporting the industry’s expansion and self-reliance by<br />
reducing import duty on cut and polished diamonds from<br />
7 percent to 5 percent, while extending the Emergency<br />
Credit Line Guarantee Scheme (ECLGS) for MSMEs, which<br />
make up 90 percent of the industry, until March 2023.<br />
<strong>Jewellery</strong> found, owners still missing<br />
Victoria Police found more than they bargained for when<br />
they searched a suspected stolen car, expecting to find<br />
drugs, but uncovering a mysterious cache of jewellery<br />
with a street value of up to $100,000.<br />
The loot included a diamond and aquamarine ring, a<br />
ruby ring, and stud earrings stored in a Cartier box. The<br />
mystery deepened when police realised that the jewels<br />
did not match up with any reports of stolen jewellery.<br />
Detective Senior Constable Shannon Foden said that the<br />
police have worked hard to identify the legal owners but<br />
they had “hit a bit of a brick wall.”<br />
“I have no doubt they’re incredibly precious pieces of<br />
jewellery to someone and we are very keen to reunite<br />
them with their owners.”<br />
V<br />
One Cartier employee, Megan Marino was<br />
working as a junior manager at Cartier until she<br />
was offered a higher position at Tiffany & Co. In<br />
an affidavit, Marino claimed that Tiffany & Co<br />
were “more interested in hiring me as a source<br />
of information than as a manager.”<br />
She is not the only former employer claiming<br />
to be lured away from Cartier to provide<br />
information to Tiffany. The court case continues.<br />
Anyone who recognises the jewellery or has information<br />
about it is urged to contact Crime Stoppers on 1800 333<br />
000.<br />
8<br />
jewellery world - <strong>April</strong> <strong>2022</strong>
We know<br />
Brilliance<br />
LOOSE DIAMONDS<br />
DIAMOND & COLOURED<br />
STONE ENGAGEMENT RINGS<br />
COLOURED GEMSTONES<br />
WEDDING & DRESS RINGS<br />
CAD DESIGN<br />
Get to know us too
News<br />
SAG Awards<br />
The statement diamond necklace<br />
was the unofficial dress code of the<br />
28th Annual Screen Actors Guild (SAG)<br />
when the stars returned to sparkle at<br />
this year’s live event. Necklaces ranged<br />
from vintage to ultra-modern.<br />
Tiffany ambassador Lady Gaga wore a<br />
Tiffany & Co Schlumberger Flowers and<br />
Leaves necklace featuring<br />
a floral arrangement of<br />
diamonds set in 18K yellow gold and<br />
platinum. Selma Gomez went with<br />
something a little edgier than flowers,<br />
wrapping a dazzling emerald-eyed serpent of<br />
diamond pave from Bulgari around her neck. Ariana<br />
DeBose, who won a SAG Award for playing Anita in<br />
West Side Story wore a De Beers diamond necklace<br />
featuring a fringe of pear-shaped diamonds. Reese<br />
Witherspoon wore an intricate Art Deco style Cartier<br />
diamond necklace with an enormous diamond<br />
pendant. Kim Joo-ryoung surprised jewellery<br />
watchers by wearing Swarovski’s Harmonia choker,<br />
crafted from a row of large rectangular crystals set in<br />
a fine mixed-metal setting giving the illusion that the<br />
crystals float independently.<br />
UK jewellery industry demonstrates support<br />
for Ukraine<br />
A UK jewellery designer has lashed out at media<br />
suggestions that the jewellery industry is “profiteering”<br />
from the Ukraine crisis. An article in the subscriber-only<br />
platform the Telegraph was headlined “Jewellers accused<br />
of profiteering from Ukraine war” while the article claims<br />
that jewellers have taken advantage of rising gold prices to<br />
pressure young couples into paying higher prices for rings.<br />
Founder and designer of jewellery brand Kimjoux, Trang<br />
Do, responded to the article by saying “This is utterly<br />
unfair!” and demanded that the Telegraph balance the<br />
story by reporting on how many members of the jewellery<br />
industry are raising millions in donations in support of<br />
Ukraine.<br />
“Some people read this type of attention-grabbing headline<br />
and assume all jewellers are like this,” Tran Do said. “at<br />
least have the decency to say ‘some jewellers’, please!”<br />
Members of the British jewellery trade organisation,<br />
Company of Master Jewellers (CMJ) have raised £41,500<br />
towards their goal of £50,000 for Ukraine, through their<br />
Red Cross fundraiser via JustGiving.<br />
At the CMJ’s ruby-themed dinner and ball in March,<br />
attendees stood to give a standing ovation to the people of<br />
Ukraine.<br />
Royal jewels<br />
Catherine, Duchess of Cambridge used her jewellery to make a subtle tribute to a<br />
non-Commonwealth country while attending a service at Westminster Abbey to<br />
commemorate Commonwealth Day on March 14. She wore the same pair of sapphire and<br />
diamond earrings with matching necklace that she had worn to meet Ukraine’s President<br />
Volodymyr Zelensky and his wife Olena Zelensky at Buckingham Palace. The jewellery<br />
set is believed to have previously belonged to her late mother in law, Diana, Princess of<br />
Wales.<br />
Also sparkling at the service, Princess Alexandra, the Queen’s cousin, wore an elegant blue<br />
outfit with a diamond square brooch, pearl and diamond earrings and a pearl necklace.<br />
While the Queen did not attend the Commonwealth Day service, she did have her own<br />
glamorous moment at Windsor Castle the next day, when she presented her Gold Medal<br />
for Poetry to Guyanese poet Grace Nichols.<br />
The Queen wore a cream woollen dress, accessorised with a set of pearl necklaces, pearl<br />
earrings and a gold brooch known as the Singapore Peranakan Diamond Jubilee Brooch.<br />
The brooch was a gift from the President of Singapore for her diamond jubilee, and<br />
features 60 diamonds set in a Bird of Paradise filigree design made of 18k gold.<br />
10<br />
jewellery world - <strong>April</strong> <strong>2022</strong>
Emerald - In Stock & Online Now
News<br />
Blackpink’s Rosé lands another campaign with Tiffany<br />
K-pop star Rosé was first named a brand ambassador for Tiffany & Co. in<br />
2021 and has now signed for another campaign for the brand’s HardWear<br />
collection.<br />
“I’ve worn Tiffany jewellery since I was in high school. To be a part of such<br />
an iconic brand that has been a part of my life for a long time makes it<br />
that much more special to me,” the singer said in a statement.<br />
The new Tiffany HardWear styles will be available in July, with new full pave<br />
diamond pieces that will drop later this year in November.<br />
Sydney jewellery<br />
auction saw strong<br />
results<br />
Smith & Singers's March<br />
auction of Important Jewels,<br />
Watches & Objects of Virtu<br />
saw strong bidding in the<br />
room, on the telephones and<br />
online, resulting in a total of<br />
$1,256,236, the highest since 2019.<br />
Items of quality and allure attracted particularly keen<br />
competition, with bidders vying for dazzling jewels of all<br />
variety. Prominent results were achieved for gems by Cartier,<br />
Bulgari and Paspaley, complemented by stunning diamond<br />
and coloured gemstone pieces.<br />
Among the notable results was the spectacular pair of<br />
diamond earrings by Bulgari which sold for $51,545.<br />
Time to buy Australian-made<br />
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LET'S TALK<br />
WEBINAR SERIES<br />
D i a m o n d s<br />
7pm AEST<br />
Tuesday | <strong>April</strong><br />
5<br />
Hear from a number of diamond industry experts as we talk all things diamonds. We'll<br />
bring you local and international trading news - the current impact on supply chains,<br />
through to mining and the pricing of rough, the sustainability to supply and demand. As well<br />
as the growth of laboratory diamonds in the market, their current pricing and value,<br />
understand how these two markets are performing internationally and what the Australian<br />
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We will invite questions from registrants and welcome all members of the trade.<br />
REGISTER TODAY | JAA.COM.AU/TALK<br />
Proudly brought to you by the Jewellers Association of Australia, with the support of the <strong>Jewellery</strong> Industry Network
PALLOYS POINTS<br />
Rebecca Hearth<br />
Jeweller<br />
Palloys<br />
JOURNEY TO JEWELLERY:<br />
REBECCA HEARTH<br />
While the journey to becoming a jeweller has radically changed over hundreds of years, the<br />
inherent passion and creativity associated with being a jeweller have transcended time and<br />
context.<br />
This month, we caught up with Rebecca, one<br />
of Palloys’ bench jewellers, to further explore<br />
how her path to becoming a jeweller reconciles<br />
with her artistry and vision.<br />
So, first, we’d love to know how<br />
your career in jewellery came<br />
about.<br />
My journey began in 2015 when I started<br />
doing some short, weekend courses in<br />
jewellery, just as a hobby. As I was doing these,<br />
I discovered a real love for the ‘hands-on’ style<br />
of work and my own creative flair. I’m super<br />
artistic, so I had always wanted to pursue<br />
a career in something creative, so finding<br />
jewellery as an outlet both creatively and<br />
professionally was really thrilling.<br />
Once I had settled on pursuing jewellery, I<br />
enrolled in TAFE to complete a Certificate III<br />
in <strong>Jewellery</strong>. TAFE gave me the tools to begin<br />
my professional learning journey and was<br />
instrumental in my understanding of the trade<br />
and what fundamental skills are required. I<br />
found that the more I studied and developed<br />
my skills, the greater my passion for jewellery<br />
became; I loved the rush of creating and<br />
honing my skills.<br />
After completing my Certificate III, I continued<br />
to study a Diploma of Gemmology. I was<br />
hoping to start some casual work in the<br />
industry while I studied, which is where I came<br />
across Palloys. I was initially hired as a caster<br />
where I was spruing and de-spruing trees,<br />
working with wax and resizing. Eventually, I<br />
was approached to support the jewellers in<br />
the finishing team, and after a few months, I<br />
was taken on as a full-time jeweller, where I<br />
started fully finishing pieces that came from<br />
casting. Once I settled into this role, I felt like<br />
being a jeweller is where I’m truly meant to<br />
be.<br />
Now as an established jeweller, how<br />
would you describe your working<br />
philosophy?<br />
My philosophy for jewellery is centred around<br />
understanding it as an art form and letting the<br />
creation of a piece be an outlet for emotion<br />
and creativity. As well as that, recognising<br />
and honouring the sentimentality of making<br />
jewellery is integral to how I approach<br />
my work. I love to create my sentimental<br />
14<br />
jewellery world - <strong>April</strong> <strong>2022</strong>
jewellery, to measure the changes in my life<br />
through what I was creating at the time. I am<br />
also incredibly passionate about being able to<br />
create other people’s sentimental jewellery,<br />
for example if they have a particular gem<br />
they would like refitted into a new design<br />
or the original piece. Loving the emotional<br />
and sentimental aspects of jewellery was<br />
the foundation of my pursuit of jewellery,<br />
and it has since informed both my vision and<br />
philosophy.<br />
My most<br />
important and<br />
sentimental<br />
piece would<br />
have to be my<br />
end-of-year<br />
piece at TAFE.<br />
My design for the piece was so complicated<br />
that all my mentors advised against making<br />
it and suggested I find alternative designs.<br />
However, I persevered in making my original<br />
design: a hairpin in the shape of a lily-ofthe-valley<br />
flower that came apart into three<br />
pieces with a variety of handset precious<br />
stones. It was a very ambitious design, but I<br />
was successful in creating it. I won the Best<br />
Set Gem Award and Overall High Achievement<br />
for TAFE which was a wonderful affirmation<br />
of the skills I have developed and my innate<br />
aptitude for jewellery making, and it helped<br />
give me more confidence to pursue jewellery<br />
professionally.<br />
You mentioned some of your<br />
mentors at TAFE. How important<br />
has mentorship and having strong<br />
role models been in your journey<br />
to becoming a jeweller?<br />
So, so important. I have been incredibly<br />
fortunate in my journey to have had such<br />
amazing and knowledgeable teachers,<br />
mentors and colleagues that have been<br />
paramount to the development of skills and<br />
passion. At TAFE and now at Palloys, I’ve<br />
had so many people willing to share their<br />
techniques and experience with me. Some of<br />
the people I work with not only have decadesworth<br />
of experience in making jewellery,<br />
but they are also more than willing to share<br />
their knowledge with me and our colleagues.<br />
It can be intimidating, working with such<br />
experienced and skilled jewellers, but there<br />
is such a great exchange of skills between<br />
all the jewellers, which ultimately broadens<br />
everyone’s abilities and makes it a really<br />
positive learning environment.<br />
And finally, do you have any advice<br />
for any up-and-coming jewellers<br />
who might be inspired by your<br />
journey?<br />
The best advice I can give is just give it a go.<br />
By showing interest and actively participating<br />
in the jewellery industry via TAFE, trade<br />
fairs, showrooms and work experience and<br />
introducing yourself in these settings, you’ll be<br />
able to navigate your way into your own space<br />
in the jewellery world.<br />
Palloys’ is always amazed at the sheer talent<br />
and skill that our jewellers show every day in<br />
our Marrickville workshop. Rebecca’s journey<br />
shows how passion, ambition and hard work<br />
can lead to a successful career in jewellery. We<br />
are thrilled to have her as a member of the<br />
Palloys family.<br />
<strong>April</strong> <strong>2022</strong> 15
RECONNECTING IN DUBAI<br />
I recently returned from a trip to Dubai where numerous diamond events were being held.<br />
Those who know me, appreciate how much I used to travel prior to Covid. This was my first<br />
major overseas trip in over two years, and wow what a trip.<br />
I probably sound like a broken record, but the<br />
value of travelling is incalculable. It’s crazy<br />
how much can be gained by meeting and<br />
reconnecting with colleagues from around the<br />
world.<br />
If you ever want to see how to put on a<br />
conference, how to put on an event, how to<br />
make your guests feel special, and how to<br />
showcase your city to the nth degree, make<br />
sure you go to an event, congress or a trade<br />
show in Dubai.<br />
We were incredibly fortunate to have Ahmed<br />
Bin Sulayem, executive chairman of the<br />
DMCC, as our gracious host. Ahmed is also the<br />
president of the Dubai Diamond Exchange,<br />
as well as a passionate coffee aficionado. He<br />
takes great pleasure in bringing his personal<br />
mini stove and coffee grinder to the table, and<br />
prepares his favourite blend to share with you<br />
as you chat.<br />
Very few will ever appreciate the sheer<br />
energy, determination, and breadth of<br />
achievements that Ahmed and his team<br />
are capable of. I was fortunate to witness it<br />
firsthand and I don’t know how he has the<br />
energy. Martin Leake, the special advisor for<br />
precious stones of the DMCC, coordinated an<br />
inspiring diamond conference, gala dinner,<br />
world diamond council meeting, International<br />
Diamond Manufacturers Association meeting,<br />
a Diamond <strong>Jewellery</strong> Trade show and our<br />
own <strong>World</strong> Federation of Diamond Bourses<br />
Presidents meeting. Everything, and I mean<br />
everything, went off like clockwork, was<br />
beautifully presented and respectfully catered<br />
to everyone’s needs. This doesn’t even<br />
begin to touch on how interesting the panel<br />
discussions were by key people in the industry<br />
worldwide. A special shout out to Samer for<br />
his amazing support during the events.<br />
I don’t think I have previously explained<br />
the role I play in the diamond community,<br />
and I think now is a good time. Apart from<br />
being the president of the Diamond Dealers<br />
Club of Australia, I hold the position of<br />
an executive on the board of the <strong>World</strong><br />
Federation of Diamond Bourses as well as<br />
chairman of the Promotions Committee. It<br />
was in the latter capacity that five years ago, I<br />
proposed to the Board that we form a Young<br />
Diamantaires group to communicate with the<br />
next generation, understand what they want,<br />
and ultimately create a platform for them to<br />
communicate and a runway allowing them to<br />
lead the industry. Although I was initially faced<br />
with a bit of resistance, I was left to my own<br />
devices, and I founded this group which today<br />
numbers close to 500 around the world. It is a<br />
vibrant and dynamic group, who have found a<br />
voice in the diamond industry. See www.ydts.<br />
org.<br />
Bruce Cleaver, the CEO of DeBeers, provided<br />
some interesting insights which I would like<br />
to share. We all know what tremendous<br />
growth we have seen in the diamond<br />
industry recently, but the question is can it<br />
be sustained and is there enough momentum<br />
without government stimuluses?<br />
Presidents of the WFDB, Dubai<br />
The current research shows that consumers<br />
believe and feel strongly about natural<br />
diamonds. Interestingly, the female selfpurchase<br />
is the biggest growth category.<br />
The rough diamond that the 15ct intense vivid Blue<br />
IF Diamond opposite was cut from.<br />
There is a need for more collaborative<br />
marketing. There was an enormous amount<br />
discussion about the key drivers, and for me<br />
the most interesting comments, which will<br />
challenge each one of us to think about are as<br />
follows:<br />
What motivates someone to do something?<br />
When I give a diamond to someone, what is<br />
the question? Is it something that I want to<br />
say to the person that I gave it to, or is it what<br />
the diamond says about me?<br />
These are very powerful questions. Although<br />
I have written about this previously, the<br />
wording by Bruce was so much more<br />
poignant. A consumer is often pressured<br />
(not everyone, and it’s all about choice and<br />
personal belief systems) to give their partner a<br />
diamond ring which, to some extent, reflects<br />
their financial circumstance. You may disagree<br />
and I’m sure you could give me examples to<br />
back this up, however if a person is a lawyer<br />
and is earning $250,000 a year, will they really<br />
give their partner a 1/2ct diamond ring? I’ll<br />
leave that to you.<br />
I liked the statement that Bruce said - “brand is<br />
a proxy for trust”.<br />
Climate change, gender diversity and<br />
sustainability – the world will view brands<br />
against these three topics.<br />
16<br />
jewellery world - <strong>April</strong> <strong>2022</strong>
DDCA NEWS<br />
Rami Baron<br />
President, Diamond Dealers Club of Australia<br />
rami@ddca.org.au<br />
Here is an interesting little fact.<br />
Did you know that the cost of recovering<br />
a 1 carat diamond in mining operations is<br />
subsidised with all the smaller diamonds that<br />
are mined?<br />
There is no doubt that the focus of this<br />
conference was the clash between Lab grown<br />
and Natural. One of the biggest retailers<br />
in America quoted a number which was<br />
unfathomable. They stated that they were<br />
selling 50 lab grown to 1 natural. Perhaps a bit<br />
of an exaggeration, but even if it was 5 to 1, it<br />
tells the story.<br />
So, the question is poised, is there enough<br />
tangible differentiation between lab grown<br />
and natural?<br />
Young Diamantaires gala dinner.<br />
According to De Beers there is. They are of<br />
the view that as the natural is more costly, it is<br />
more valuable.<br />
Fundamentally this may make sense, but let’s<br />
take a step back and look at the whole story,<br />
the very essence of an engagement ring and<br />
the symbolism it represents. The diamond<br />
ring is just one component. The value is a<br />
commitment of two people, and as beautiful<br />
as the ring is (and hopefully the receiver will<br />
get amazing compliments over the years),<br />
I ask myself “will the perceived rarity of a<br />
natural diamond transcend time?” or will it<br />
be about the ring itself, the craftsmanship and<br />
the design?<br />
If that is the case, then just because the<br />
price of lab grown will drop over time, will<br />
it in fact lose its cache as the preference or<br />
viable alternative for the centre stone of an<br />
engagement ring? Lots to think about, huh?<br />
Stephen Lussier, the executive vice president<br />
of brands for De Beers, uses the watch story<br />
and how his kids all covet his Rolex watches<br />
as the perfect example. His kids know and<br />
understand the value of these watches, but I<br />
don’t believe it’s a fair comparison. I think the<br />
top watch brands did what De Beers failed to<br />
do: they didn’t stop building brand awareness<br />
and appreciation for fine timepieces for a<br />
decade, and they definitely didn’t go into the<br />
business of manufacturing fake watches.<br />
Beryl Raff, chair and CEO of Helzberg<br />
Diamonds, stated very pointedly “it is not a<br />
positive thing when the retailer has to speak<br />
up for the category.” The retailer is not the<br />
one that has to speak up for natural diamonds.<br />
The retailer offers the consumer choices and<br />
provides information with full transparency.<br />
The consumer chooses what suits them. Using<br />
the argument that a lab grown diamond is<br />
worthless in the resale is a poor reason as to<br />
why someone shouldn’t buy it.<br />
I have seen the good that mining has provided<br />
to communities in Africa, but this is just one<br />
component of why someone may purchase<br />
a natural diamond. The purchase of the<br />
diamond engagement ring will often come<br />
down to what that consumer sees on the<br />
web or physically in front of them, the price<br />
comparison and where the retailer can make<br />
the most margin.<br />
A very interesting story that has emerged in<br />
our diamond world and reared its ugly head<br />
is that of the theft of intellectual property.<br />
When diamond manufacturers cut and polish<br />
diamonds, we expect them to do so in an<br />
A diamond priced at USD $50 million to be auctioned<br />
by Sotheby’s was placed in my hands.<br />
ethical manner. I’m not talking about where<br />
the stones came from, I’m talking about the<br />
very machines that they use to evaluate every<br />
crystal before, during and after they are cut<br />
and polished.<br />
The company which we all know well, Sarine,<br />
has spent tens of millions of dollars developing<br />
the sophisticated technology to help the<br />
industry maximise the yield and improve the<br />
cutting and polishing diamonds worldwide. In<br />
the last few years, several criminals in India,<br />
with the direct involvement of some major<br />
manufacturers of diamonds, hacked into<br />
machines that they purchased from Sarine,<br />
reversed engineered the software and set up<br />
competition to them.<br />
The matter is before the courts. One of<br />
these companies is already employing 1,500<br />
people so it tells you that this will not be<br />
an easy battle to say the least. The largest<br />
jewellery retail group in the world, Signet,<br />
appreciated the seriousness of this matter to<br />
the extent that they have sent a letter to all<br />
their diamond suppliers to confirm in writing<br />
that they are not party to utilising the theft of<br />
Sarine’s intellectual property, and if they find<br />
out that they are, they will cut them off as<br />
suppliers. Imagine someone hacks into your<br />
computer, steals all of your designs, all your<br />
customer data, goes to your jewellers with<br />
bags of money and looks to bribe them for all<br />
the information about your business so they<br />
can now blow you out of the water, or at least<br />
attempt to. I had this happen to me to a lesser<br />
extent. I can tell you, you get pretty pissed.<br />
Let’s end on a positive note. The Young<br />
Diamantaires were truly showcased during<br />
this week, and that 70 attended from around<br />
the world says a lot. We were incredibly spoilt,<br />
with a special dinner put on generously by<br />
the Dhamani family, we were invited for tours<br />
through the wonderful <strong>World</strong> Expo highlighted<br />
by Dubai, and in some cases, personally<br />
escorted by none other than Ahmed himself.<br />
In the 75 years that the WFDB has existed, it<br />
was the first time that two youngsters, who<br />
are part of the Young Diamantaires organising<br />
committee, were invited to have two seats at<br />
the executive table of the <strong>World</strong> Federation of<br />
Diamond Bourses and see how meetings are<br />
conducted with presidents from around the<br />
world. This was truly a landmark occasion and<br />
one which I am personally very proud of.<br />
Trade well,,, Rami Baron.<br />
<strong>April</strong> <strong>2022</strong> 17
PRESIDENT'S<br />
MESSAGE<br />
Karen Denaro<br />
Over 17-18 March <strong>2022</strong>, I have had the pleasure of sitting amongst esteemed industry<br />
professionals and peers from all over the globe, as a panellist for CIBJO (The <strong>World</strong> <strong>Jewellery</strong><br />
Confederation) assembly, a hybrid international event, held in conjunction with Vicenza Oro.<br />
There is much discussion of the current<br />
state of political affairs, sustainability, ethics,<br />
integrity, intention, and alignment. It is a time<br />
of reckoning for all of us. With this comes<br />
the knowledge that nothing will ever go back<br />
to the way it once was and the jewellery<br />
industry, right across the supply chain, from<br />
every corner of the world, has the golden<br />
opportunity (pun intended), to use these<br />
challenges to do things differently – good<br />
simply is not good enough.<br />
In an ever evolving and changing industry, the<br />
last ten years in the international jewellery<br />
industry are referred to as a pivotal decade.<br />
Living our new normal no longer applies solely<br />
to the pandemic. It also pertains to accepting<br />
the fact that, globally, we are living through<br />
constant crisis. Variable circumstances are<br />
perpetually evolving. As I sit to write this, I<br />
realise that there will be continued change by<br />
the time this message is actualised in print.<br />
The current conflict in Eastern Europe impacts<br />
us all – as human beings and as business<br />
owners alike, regardless of where we reside<br />
and operate from in the world. Some of us<br />
impacted on a far greater scale than others.<br />
Belonging to a trade association has never<br />
been more poignant to the Australian<br />
jewellery industry.<br />
In alignment with industry associations, both<br />
locally and internationally, the Jewellers<br />
Association of Australia (JAA) is responsible<br />
to our members and the industry at large.<br />
The JAA provides protection, guidance,<br />
governance and integrity for every branch and<br />
sector of the Australian jewellery industry,<br />
right across our supply chain. We are here<br />
to make a difference and to support you in<br />
your business. We are up to date with the<br />
latest international industry news and we will<br />
continue to keep our members informed. The<br />
JAA is here to assess, mitigate and eliminate<br />
risk, ensuring in the protection of our local<br />
industry.<br />
As an association we support and govern<br />
industry responsibilities, conduct, ethics and<br />
our dealings with one another, which are of<br />
paramount importance.<br />
With more than 90 percent of their diamonds<br />
mined and sold via state-owned Alrosa, Russia<br />
is one of the worlds’ largest producers of<br />
diamond rough. The current political crisis and<br />
subsequent sanctions have seen a USD $79<br />
billion dent to the global diamond industry.<br />
This is likely to have significant ramifications<br />
on how we trade in diamonds in Australia.<br />
Lab grown diamond sales are currently skyrocketing<br />
and rough is up approximately 30<br />
percent, with further expected increases over<br />
the coming weeks.<br />
Diamond sales from China and India are at an<br />
all-time high.<br />
With a sharp decrease in raw goods,<br />
particularly diamond rough, from Russia and<br />
Russian owned companies, we need to look<br />
at local industry suppliers and their sources<br />
to ensure we provide responsible, ethical,<br />
and informed sustained support, to be of the<br />
greatest service to one another.<br />
Adaptability and unity are key to how we<br />
move forward, both within our individual<br />
businesses and as an industry.<br />
I strongly believe the current global challenges<br />
provide an opportunity for us to look at how<br />
we operate and to pivot our businesses to<br />
operate differently and effectively. Change is<br />
not always comfortable, however it necessary<br />
for sustained growth and our industry is<br />
certainly no exception.<br />
The JAA hopes for a peaceful resolution.<br />
18<br />
jewellery world - <strong>April</strong> <strong>2022</strong>
YOU ARE<br />
MY<br />
ROCK.<br />
Becoming a member of the Jewellers<br />
Association of Australia has a comprehensive<br />
range of benefits.<br />
We are here to help support, protect, guide<br />
and grow your business, whilst being a voice<br />
for the Australian <strong>Jewellery</strong> Industry.<br />
The <strong>2022</strong> Member Prospectus details the<br />
benefits available to members and we<br />
welcome you to contact us with any questions<br />
or feedback you may have about the JAA.<br />
INSPIRING CONFIDENCE. SINCE 1931.<br />
view the<br />
MEMBER<br />
BENEFITS<br />
jaa.com.au/benefits
By Stefan Juengling<br />
LET’S GET PERSONAL:<br />
The modern custom-made and<br />
personalised jewellery scene<br />
Daniel Bentley<br />
With changes in customer segments over the last decade, and to weather the<br />
pandemic-induced economic storm, jewellery brands have been offering<br />
custom-made and personalised jewellery to keep their prestige and engage<br />
a larger audience.<br />
Here with input from three prominent Australian jewellery brands and one<br />
South African jewellery brand, we explore the state of, and trends within the<br />
Australian personalised and custom-made jewellery industry.<br />
For many modern jewellery consumers,<br />
an item of jewellery isn’t just a fashion<br />
accessory, but an extension of one’s own<br />
personality. Thus, if one wants to showcase<br />
their personality through their jewellery, the<br />
ability to personalise and customise jewellery<br />
becomes important. In the personalised and<br />
custom-made jewellery industry, the piece’s<br />
sophistication and the brand’s reputation<br />
play fundamental roles for the consumer. Our<br />
contributors understand this all too well.<br />
Sophisticated brands, personalised<br />
designs and custom creations<br />
When asked about personalised and<br />
customised jewellery’s importance to her<br />
brand,founder of Sydney-based personalised<br />
jewellery brand Belle Fever Sarah Saputra said<br />
that her jewellery is more than just a design.<br />
“Inscriptions, symbols, and images add a<br />
personal touch,” she said.<br />
“Our jewellery is created to tell the story<br />
of the customer…the pieces we create are<br />
carefully selected by each customer to<br />
ensure they will love each one and hold that<br />
sentimental value.”<br />
Justin Blake is managing director of South<br />
African personalised sterling silver brand<br />
Silvery (with a registered Australian office and<br />
division), and he said the personalised pieces<br />
they offer can be either laser engraved or<br />
hand stamped by their jewellers.<br />
“We also offer a selection of items with<br />
birthstones as well as complete custom jobs,”<br />
he said.<br />
“Through our customisation page customers<br />
can let our jewellers know what they would<br />
like by uploading images or written ideas.”<br />
Silvery<br />
He said depending on the customer’s budget,<br />
design and<br />
preference,<br />
the piece<br />
will be either<br />
handcrafted, or<br />
3D-printed and cast.<br />
Queensland-based bespoke jeweller Daniel<br />
Bentley who heads up his eponymous<br />
jewellery brand said bespoke-designed<br />
jewellery has a special place in his business,<br />
because it allows a pure one-to-one creative<br />
process directly with the client.<br />
“It becomes truly personal as each design we<br />
create is an expression of the client’s own<br />
desires and our style,” he said.<br />
“This is an important contrast to how we<br />
design for our brand.”<br />
He also spoke about Daniel Bentley’s bespoke<br />
jewellery<br />
process, which<br />
he said takes<br />
an old school<br />
approach:<br />
sketching while<br />
talking about<br />
the design with<br />
Daniel Bentley<br />
20<br />
jewellery world - <strong>April</strong> <strong>2022</strong>
One Sixteenth<br />
the client and listening to their often-long list<br />
of desires.<br />
“From there, we have one or two follow up<br />
consultations, before we commence work.<br />
He said the most important attribute when<br />
helping a client produce their perfect bespoke<br />
piece of jewellery is trust.<br />
One Sixteenth Designs is an ethical jewellery<br />
brand from Cabarita, NSW, and founder/<br />
jeweller Amy O’Shea said that her custom<br />
work has been gaining huge traction for<br />
her business over the past couple of years,<br />
especially as she moves towards “closed loop<br />
jewellery production.”<br />
“This means I'm focussing on using jewellery<br />
already in the loop, i.e. already mined and<br />
in circulation rather than purging the earth<br />
further for materials,” she said.<br />
“My customers adore the low impact this has<br />
on our planet and also that they are able to<br />
continue to wear ‘Grandma's ring’ but in a<br />
Silvery<br />
more updated way.”<br />
She said this method also helps keeps the<br />
costs down.<br />
Which personalised pieces are<br />
proving popular?<br />
As for the types of jewellery that are popular<br />
among personalised jewellery consumers,<br />
Justin said name necklaces have always been<br />
a popular option, however Silvery’s couples<br />
rings are quickly becoming the most popular<br />
piece on their website.<br />
“I think it’s because we offer each ring in every<br />
ring size as we make each one to order,” he<br />
said.<br />
In the lead up to Mother’s Day, Belle Fever is<br />
selling a lot of family tree pendants, bangles<br />
and bracelets. Sarah said each design’s metal<br />
tone, crystal type, image and shape can be<br />
customised to match each customer’s taste.<br />
At One Sixteenth Designs, Amy said she’s<br />
noticing a move towards rings and pendants.<br />
Weathering the pandemic and<br />
coming out stronger<br />
In her Master’s thesis “Personalization of<br />
jewellery products: an added value or loss in<br />
recognition for luxury brands?”, author Anna<br />
Pozzobon discussed the way the pandemic<br />
impacted the personal luxury goods industry,<br />
which experienced a decline of -23 percent<br />
over the past two years. She went on to<br />
outline the need for businesses to adapt to<br />
new customer<br />
segments and<br />
their needs in<br />
order to ensure<br />
the business’<br />
long-term<br />
survival.<br />
Justin and his<br />
team addressed<br />
their customers’<br />
needs by<br />
analysing Google<br />
Belle Fever<br />
search trends, and quickly adapting the ranges<br />
on offer at Silvery based on the findings.<br />
“As we manufacture our own jewellery, we<br />
hold very little inventory so it’s relatively easy<br />
for us to create samples and have an idea to<br />
market within one to two weeks,” he said.<br />
Amy detailed the way she adapted to the<br />
industry slump: by running more jewellery<br />
workshops over the past two years.<br />
“Groups of remarkable souls come to the<br />
studio and we create rings, bangles, earrings<br />
and necklaces together,” she said.<br />
“I think this pandemic has made us all<br />
recognise we've been caught on the treadmill<br />
for so long and need connection and<br />
experience over consumables.”<br />
She said a jewellery workshop is a perfect mix<br />
of all three.<br />
As a result of the pandemic, Sarah said that<br />
Belle Fever’s designs, customer journey,<br />
marketing and operations had to be flexible<br />
and pivot accordingly.<br />
<strong>April</strong> <strong>2022</strong> 21
Belle Fever<br />
Personalised jewellery +<br />
personalised experiences = lifelong<br />
connections<br />
<strong>Jewellery</strong> is an incredibly personal purchase,<br />
and being given the ability to personalise a<br />
piece or have it custom-made makes it even<br />
more precious and sentimental. This is a view<br />
that strongly resonated with Daniel.<br />
“<strong>Jewellery</strong> doesn’t get more unique than a<br />
piece that is specifically designed for a client;<br />
it’s one of the only ways that anyone can<br />
show off to the world a ring or necklace that<br />
is theirs alone and tied to the person or event<br />
that the piece of jewellery represents,<br />
Daniel Bentley<br />
22<br />
jewellery world - <strong>April</strong> <strong>2022</strong><br />
“Only jewellery can do that, as it has for<br />
thousands of years.”<br />
Silvery<br />
In addition, jewellers have the ability to give<br />
customers life-long experiences such that<br />
buying jewellery from the brand turns into a<br />
fond memory. Sarah said her customers have<br />
shared how their shopping experience at Belle<br />
Fever was unlike any other.<br />
“There are a lot of online businesses that lack<br />
that personal touch, and customers want to<br />
still feel that personal touch even if it is not in<br />
person,” she said.<br />
“They also desire to be treated like individuals<br />
and not as numbers, so they expect to be<br />
assisted when and how they are able.”<br />
To this end, she said Belle Fever customer<br />
service representatives are always in constant<br />
communication with their customers and<br />
provide them with updates as needed.<br />
Amy said there is always a beautiful<br />
relationship between creator and customer in<br />
the handmade realm, but when it happens in<br />
a small town it becomes a magnificent union.<br />
“My customers adore being able to come in<br />
during the creative process and see how their<br />
piece is made,” she said.
Daniel Bentley<br />
“Sometimes they even<br />
come in and make it<br />
themselves!”<br />
Justin said there are four primary<br />
qualities at Silvery that wins them<br />
repeat business: their communication,<br />
speed, quality and range. Their high standard<br />
of communication ensures that once<br />
customers have placed their order, they will<br />
get around five progress SMS texts and emails.<br />
Their speedy service means that orders are<br />
crafted between one to three days, and<br />
delivered from South Africa to Australia within<br />
6-11 working days (including crafting time).<br />
Remarking on their quality, Justin said their<br />
focus is on quality over profits.<br />
“Most online stores will use plate between<br />
0.8mm – 1mm, (but) we use 1.5 – 2mm plate<br />
for name necklaces and bars.<br />
“We solder all our jump rings closed, and<br />
hand polish each piece.”<br />
Finally, he said Silvery’s range means they<br />
are able to accommodate/capture many<br />
occasions in life.<br />
…and if YOU want to get personal<br />
Amy recommends those wanting to take the<br />
leap into custom-made and personalised<br />
jewellery should maintain their unique<br />
authenticity by sticking to their style.<br />
“You can get very bogged down if (you’re) only<br />
creating custom jewellery for others,” she said.<br />
“Make sure you say "yes" to the jobs you want<br />
to and intersperse each custom job with your<br />
own creations!”<br />
Reflecting similar sentiments, Sarah<br />
recommends those new to personalised<br />
jewellery to find their niche and focus on<br />
perfecting the customer’s journey for that<br />
niche as much as possible.<br />
“Being everything to everyone will make you<br />
lose focus and<br />
cause you to<br />
be disorganised<br />
and all over the<br />
place,” she said.<br />
Being<br />
organised is<br />
the burgeoning<br />
custom-made<br />
jeweller’s state<br />
of play from<br />
Justin’s point of<br />
view, remarking<br />
that businesses<br />
who want to<br />
break into this<br />
market ought to<br />
be ready for it.<br />
“With<br />
customisation<br />
comes many<br />
inquiries from<br />
customers, so<br />
you will find that<br />
you will need to<br />
employ more<br />
customer service assistants,” he said.<br />
One Sixteenth<br />
Finally, Daniel’s advice is that businesses<br />
should listen to their clients, guide and inspire<br />
them.<br />
“…and then design something that embraces<br />
their ideas, and practice with hand drawing,”<br />
he said.<br />
Silvery<br />
Silvery<br />
Silvery<br />
<strong>April</strong> <strong>2022</strong> 23
ELLENDALE TO BE<br />
MINING THIS YEAR<br />
Burgundy Diamonds Mines is one step closer to re-opening the Ellendale diamond<br />
mines in Western Australia’s Kimberley region.<br />
Burgundy Diamond Mines has made its<br />
second payment as part of an option<br />
agreement it had signed to secure full<br />
ownership of the mine from Gibb River<br />
Diamonds in WA. A final payment is due in<br />
2023. Burgundy bought the mine in March<br />
2021 from Gibb River Diamonds for $6.7<br />
million in cash, 16 million Burgundy shares<br />
and 1.5 per cent revenue royalty.<br />
The company is readying the mine to resume<br />
operations after it had been moth-balled<br />
by its previous owners. Burgundy will be<br />
exploring the alluvial deposits at the Blina<br />
and Ellendale locations and developing the<br />
stockpiles and coarse rejects and remnant pit<br />
material with plans to be fully operational by<br />
the end of this year.<br />
Past production at the Ellendale mine<br />
produced 50 percent of the world’s fancy<br />
yellow diamonds.<br />
Burgundy believes there is significant<br />
potential for the new Ellendale leases<br />
to deliver a profitable diamond mining<br />
operation, with the intention of becoming<br />
Australia’s next diamond producer within<br />
the next 24 months. The project ticks many<br />
strategic boxes for Burgundy in terms of<br />
location, high-end product and cash-flow<br />
timeline.<br />
With the Blina Alluvials fully permitted for<br />
mining, this will be a priority target for<br />
Burgundy, with plans for additional geological<br />
assessment followed by targeted bulk<br />
sampling and trial mining.<br />
Resource<br />
assessment<br />
of the other<br />
Ellendale<br />
prospects<br />
and former<br />
mining<br />
operations<br />
is already<br />
underway,<br />
in addition<br />
to the<br />
fabrication<br />
of a stateof-the-art<br />
processing<br />
plant expected to be up and running by the<br />
year end.<br />
Burgundy is currently operating its Perth<br />
facilities at high capacity, cutting and polishing<br />
third-party rough diamonds bought in 2021<br />
and is pursuing options to make further<br />
purchases over the remainder of <strong>2022</strong>.<br />
Burgundy Managing Director Peter<br />
Ravenscroft is excited by the retail aspect of<br />
the company’s operations.<br />
“We are thrilled to be preparing the launch<br />
of our ultra-luxury diamond brand in Paris in<br />
July,” he said, “and will soon be announcing<br />
24<br />
jewellery world - <strong>April</strong> <strong>2022</strong>
the engagement of a great creative agency to manage this process.”<br />
French jeweller Bäumer Vendôme will be collaborating with Burgundy<br />
on a branded collections using coloured diamonds from Ellendale, along<br />
with other gems from third-party retailers.<br />
“Building a new luxury brand and partnering with select jewellery<br />
retailers offers a unique concept to the market [which] customers<br />
will enjoy a true end-to-end experience while we can deliver the best<br />
returns for our partners, shareholders and the communities in which we<br />
operate,” added Ravenscroft.<br />
Argyle closure and Russian aggression leaves a gap<br />
The race to kickstart the Kimberley’s diamond industry heated up last<br />
year following the closure of Australia’s<br />
only operational diamond<br />
mine at Argyle. Now, the<br />
ongoing invasion of Ukraine<br />
by Russia presents<br />
another opportunity<br />
for Australian diamond<br />
miners as Russian<br />
gems leave an<br />
irresponsible flavour<br />
in the mouths of<br />
ethically minded<br />
consumers.<br />
Another miner in the<br />
Kimberley region, Lucapa<br />
Diamond Company, recently<br />
identified three new prospective<br />
Bäumer Vendôme<br />
targets only 50 kilometres from<br />
Ellendale. The exploratory team recovered more than a thousand<br />
diamonds from a single drill hole on the site.<br />
Coloured mined diamonds remain in high demand with the prices of<br />
high-quality yellow stones increasing as much as 30 percent in the<br />
recent years.
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By Kirsten Ehrlich Davies<br />
PEARLS – FROM CONSISTENCY<br />
TO CONTRAST<br />
The classic string of perfectly matched pearls has always been the ultimate<br />
fashion accessory. Yet today, there is a growing demand for baroque pearls of<br />
all varieties due to their creative potential and individuality.<br />
During the 20th century, a strand of<br />
round, evenly matched pearls was the<br />
ultimate symbol of elegance, with the<br />
versatility to match any outfit and available<br />
any price point. The simple yet elegant style<br />
was popularized by iconic figures like Grace<br />
Kelly, Audrey Hepburn and Jackie Onassis.<br />
Today,the classic symmetry and consistency of<br />
a perfectly matched string of pearls still retains<br />
a place in the market, yet baroque pearls<br />
are enjoying a new renaissance in response<br />
to a more individualistic market. <strong>Jewellery</strong><br />
designers are working with baroque pearls<br />
of all kinds, inspired by the contrast in shape<br />
and colour – not just in comparison to classic<br />
round pearls, but also in the contrast with<br />
different metals and gemstones worked into a<br />
design, to highlight the unique organic beauty<br />
of each pearl.<br />
“Designing<br />
jewellery to suit<br />
baroque pearls<br />
can sometimes be<br />
challenging but<br />
also extremely<br />
Ikecho<br />
rewarding, when<br />
the two elements blend harmoniously into<br />
a statement piece of jewellery,” said Lindsay<br />
Youd of Allure South Sea Pearls.<br />
Cheryle of Stones and Silver says that while<br />
pearl jewellery has always been timeless and<br />
classic, it was time to “incorporate a modern<br />
twist” to appeal to younger generations.<br />
“The design of the piece really drives its<br />
popularity whether it be a classic style or<br />
a design that is currently on trend,” said<br />
Cheryle.<br />
The Perfection of Imperfection<br />
A baroque pearl is defined as any pearl that<br />
is not a perfect sphere. The word “baroque”<br />
comes from the Portuguese word “barocco”<br />
which means “imperfect”, and since the 17th<br />
century, this word has been used to describe<br />
any pearl that is not perfectly round. They can<br />
be dented, pear-shaped, lumpy, coin-shaped<br />
or tear drops, and can take on a wide range of<br />
colours.<br />
Devino<br />
While most<br />
contemporary baroque<br />
pearls are a happy<br />
accident of the cultured<br />
pearl trade, natural baroque<br />
pearls have been prized<br />
since the Renaissance<br />
era. From the 16th<br />
century jewels and<br />
enamel were used to<br />
complement the pearl’s<br />
natural shape,transforming<br />
it into an animal, flower and<br />
even a human figure, such as the 16th century<br />
Swan Pendant or the 19th century Canning<br />
Jewel which features a jewelled merman<br />
brandishing a sword and shield. This design<br />
strategy of using the pearl as a central feature<br />
of an object is still used today, with examples<br />
like Allure South Sea Pearl’s whimsical bumble<br />
bee pendant, featuring a gold bee with a<br />
pearl body; or Ikecho’s sterling silver pink<br />
freshwater pearl necklace, featuring a delicate<br />
diamond leaf balanced with a teardrop pearl.<br />
The most illustrious natural tear-drop pearl is<br />
the aptly named La Peregrina (The Wanderer)<br />
which was passed around the royal families<br />
of Spain, England, France and Russia for 400<br />
years before being purchased in Geneva<br />
by Elizabeth Taylor. Marie Antoinette had a<br />
Ikecho<br />
28<br />
jewellery world - <strong>April</strong> <strong>2022</strong>
Stones and Silver<br />
Stones and Silver<br />
diamond pendant featuring a tear-drop<br />
pearl and another tear-drop pearl<br />
was immortalised in Vermeer’s iconic<br />
painting The Girl with a Pearl Earring.<br />
The Hope Pearl, currently the fifth<br />
largest pearl in the world, became<br />
part of Henry Philip Hope’s legendary<br />
jewellery collection in the early<br />
1800s. It is an enormous pear-shaped<br />
blister pearl of Asian provenance,<br />
weighing 1800 grains or 90 grams, with<br />
dimensions of 5.08 cm in length, and<br />
a circumference ranging from 11.43<br />
cm to 8.26 cm. The broader end of<br />
the pearl has a greenish bronze sheen,<br />
which fades to a silvery white lustre at<br />
the narrow end.<br />
Unique compatibility<br />
Every pearl is a unique surprise – there is no<br />
way of predicting what will emerge from<br />
the oyster. Finding compatible pearls for<br />
a piece of jewellery is always challenging,<br />
although it can be more time-consuming<br />
to gather enough round and evenlyshaped<br />
perfect pearls for a strand than to<br />
find inspiration for a design featuring a<br />
series of baroque pearls. Irregularity and<br />
LUXURY pearl AND opal JEWELLERY<br />
Ikecho<br />
Tel: (02) 9266 0636 | enquiries@ikecho.com.au<br />
www.ikecho.com.au
contrast are the key<br />
points of the design, and<br />
from here, the designer<br />
can create other points of<br />
contrast – setting the pearl<br />
against precious metals or other<br />
gemstones, presenting a variation<br />
of the classic pearl necklace or earrings<br />
with pearls of irregular shape,using pearls<br />
of different colours or creating a structural<br />
contrast through an edgy modern setting.<br />
Lindsay Youd, co-founder of Allure South Sea<br />
Pearls says that clients are drawn to colour<br />
and shape variations, such as the company’s<br />
strands featuring a mixture of Tahitian, golden<br />
and with South Sea pearls that are compatible<br />
with lighter and darker coloured clothing.<br />
“Sunbeam gold baroque earrings reflecting<br />
Devino<br />
the classic setting while working in harmony<br />
with the freeform shape of the baroque pearl,<br />
giving a modern edge to a classic design.”<br />
Caroline Zingg of Devino says that while there<br />
is still a strong market for classic styles, it is<br />
still important to create bold and beautiful<br />
pieces as a fresh and fun way to wear pearls.<br />
“Devino matches pearls with complementary<br />
colours and sizes and in different lengths to<br />
appeal to different personalities and styles,”<br />
Caroline said.<br />
“The key is to maintain an excellent lustre to<br />
help the pieces stand out.”<br />
“There will always<br />
be a demand for<br />
the classic strand,<br />
although we have<br />
seen a client’s desire to<br />
be able to buy wearable<br />
pieces, items that can be<br />
worn every day,” Lindsay said.<br />
“Our Sea Grass Strand is an<br />
example of this – mixing gold with the<br />
pearls makes this a wearable modern piece<br />
of high jewellery to elevate your day look and<br />
make for a stunning evening statement piece.”<br />
The designers at Allure South Sea Pearl are<br />
committed to maintaining a classic element in<br />
their modern designs, while staying attuned to<br />
current customer demand.<br />
Cheryle from Stones and Silver says the<br />
current evolution of design means that pearl<br />
jewellery has greater versatility for the wearer.<br />
“Once upon a time, pearls were only worn for<br />
special occasions, but now pearl jewellery has<br />
evolved to a point where designs can be worn<br />
during the day and then dressed up at night,<br />
so they are such versatile pieces to have in<br />
your own collection.”<br />
Devino<br />
Versatility in Variation<br />
Lindsay Youd says that one of the advantages<br />
of expanding the range of pearl designs is that<br />
customers can now wear pearls more often at<br />
different events.<br />
Ikecho<br />
30<br />
jewellery world - <strong>April</strong> <strong>2022</strong>
Devino<br />
Keeping up with demand<br />
Erica Miller of Ikecho says that baroque<br />
and Keshi pearls are very much in demand<br />
right now. Keshi pearls are a by-product of<br />
the cultured pearl industry: the host oyster<br />
rejects the implanted nucleus, and starts<br />
secreting nacre to protect itself from the<br />
foreign object. The result is a small bubblelike<br />
indented pearl which is all nacre, with no<br />
nucleus, and can be any shape from round,<br />
oval, tear-drop or button, with a wide range<br />
of colours available. Ikecho has a range of<br />
keshi earrings available, with the variation<br />
in natural shape contrasting beautifully with<br />
the classic design. However, Keshi pearls are<br />
Stones and Silver<br />
currently quite rare so it is a challenge to keep up with demand.<br />
Fortunately, there is no question that the traditional symmetrical<br />
strand of perfectly round pearls, although the rarer baroque<br />
variations will still have their place in the market.<br />
DISCOVER THE<br />
WORLD OF PEARLS<br />
Stones and Silver<br />
A: 1202/115 PITT STREET, SYDNEY NSW 2000<br />
T: 02 9261 3555 | E: DEVINO@DEVINO.COM | W: DEVINO.COM
MIKIMOTO AND THE GREAT<br />
PEARL DISRUPTION<br />
Disruption is the word for our era. When we think of disruption in the jewellery<br />
industry, most minds would probably turn to the mined vs lab grown diamonds<br />
issue. But history shows us one of our industry’s biggest disruptions came over<br />
a hundred years ago – at the hands of an unknown, amateur pearl farmer.<br />
When Mikimoto Kokichi was born<br />
in Toba, Japan, in 1858 there was<br />
no such thing as a pearl farm. All<br />
pearls were grown ‘naturally’ and harvested<br />
by divers. Mikimoto’s town of Ise was a base<br />
for pearl divers who unloaded their treasures<br />
at the docks and fuelled his childhood<br />
imagination. When Mikimoto’s father, an udon<br />
shop owner, fell ill, young Kokichi was obliged<br />
to leave school at the age of 13 and sell<br />
vegetables to support his family.<br />
By the age of 20 and witnessing the overharvesting<br />
and degradation of the natural<br />
pearl stocks, Mikimoto embarked on his life’s<br />
greatest journey.<br />
With demand for<br />
pearls severely<br />
outweighing supply<br />
and aware of various<br />
research effort<br />
around the world,<br />
Mikimoto saw a<br />
golden opportunity.<br />
His plan to ‘develop’<br />
rather than allow nature to produce the<br />
perfect pearl, was born. Natural Ise pearls<br />
were Toba’s most famous local product, but<br />
were becoming increasingly scarce due to<br />
aggressive harvesting of the oyster beds. This<br />
gave Mikimoto the idea to culture his own.<br />
It took another ten<br />
years before Mikimoto<br />
was able to obtain a<br />
loan to start his first<br />
pearl oyster farm at Ago<br />
Bay with his wife and<br />
partner, Ume. Mikimoto<br />
experimented with<br />
inserting a mother<br />
of pearl nucleus into<br />
an oyster shell. He<br />
took a trial-and-error<br />
approach that was<br />
considered strange by others in the industry<br />
and early results were less than successful<br />
but, after 13 years, repeated damage from<br />
red algae, oyster-eating octopuses and<br />
near bankruptcy, Mikimoto was finally able<br />
to create a<br />
hemispherical<br />
cultured pearl.<br />
But was<br />
cultured real?<br />
The public were<br />
confused. Was it a<br />
‘real’ pearl or not? To<br />
encourage sales, Mikimoto<br />
opened a jewellery boutique in Ginza –<br />
equally outrageously the building was in the<br />
western style – and he employed salespeople<br />
to education the consumer on the nature<br />
of cultured pearls. From the very beginning<br />
the store’s interior was unusually modern<br />
with electric fans in summer and heaters in<br />
winter to encourage customers to linger. An<br />
anteroom on the second floor for invited<br />
guests was a precursor to today’s VIP rooms.<br />
Other scientists and entrepreneurs,<br />
particularly in Australia, were working on<br />
culturing pearls at the time but Mikimoto<br />
bought the patents from the work of other<br />
32<br />
jewellery world - <strong>April</strong> <strong>2022</strong>
scientists. By the early 1900s he was able to<br />
culture a spherical pearl. And things really<br />
took off from there.<br />
You have to picture the era: Up until now,<br />
pearls were extremely rare. A natural pearl<br />
was a pearl spontaneously – and only –<br />
produced by nature. (Sound familiar?)<br />
Remember The Great Gatsby? F. Scott<br />
Fitzgerald wrote that Tom gave Daisy “a string<br />
of pearls worth valued at three hundred and<br />
fifty thousand dollars.” That was 1919 and<br />
those were ‘natural’ pearls. In today’s money,<br />
that was a $5 million necklace. And now<br />
Mikimoto had a farm of obedient oysters that<br />
produced the gems on demand? What was<br />
the world coming to?!<br />
Expert marketers<br />
Mikimoto and<br />
Ume were<br />
also fabulous<br />
marketers.<br />
In 1910, a<br />
traditional<br />
Japanese<br />
fan and<br />
screen with Mikimoto pearls<br />
was featured at the Anglo-Japanese Fair<br />
in London. In 1927, Mikimoto met fellow<br />
inventor, Thomas Edison, at his home in<br />
New Jersey. After admiring Mikimoto’s work,<br />
Edison remarked, “There are two things which<br />
couldn’t be made in my laboratory – diamonds<br />
and pearls.” (Should we tell him?)<br />
“This isn’t a cultured pearl, it’s a real pearl,”<br />
Edison went on. “It’s one of the wonders<br />
of the world that you were able to culture<br />
pearls. It is something which is supposed to<br />
be biologically impossible!” Their meeting was<br />
reported in the New York Times and Mikimoto<br />
and his pearls became a household name<br />
overnight.<br />
His reach stretched even farther during the<br />
1939 New York <strong>World</strong>’s Fair, which featured<br />
the Philadelphia Liberty Bell studded with<br />
12,250 pearls and 366 diamonds and was<br />
nicknamed “the Million Dollar Bell”. The bell is<br />
now on display at the Mikimoto Pearl Museum<br />
in Japan.<br />
The natural pearl<br />
market had been<br />
decimated. By<br />
1935, there<br />
were 350 pearl<br />
farms in Japan<br />
producing 10<br />
million cultured<br />
pearls annually.<br />
In a frankly appalling stunt in 1932, Mikimoto<br />
sent a message to other pearl dealers by<br />
shovelling inferior pearls into a fire in front<br />
of the Kobe Chamber of Commerce. Foreign<br />
journalists reported this message around the<br />
world. Mikimoto’s cultured pearls were more<br />
beautiful, consistently round, easier to extract<br />
and cheaper to produce. He had changed the<br />
world.<br />
Labels matter<br />
The old guard put up a decent fight. They took<br />
him to court and sued him for advertising his<br />
pearls as ‘natural pearls.’ The lawsuit led to<br />
the creation of the term ‘cultured pearl’ to<br />
help differentiate his pearls from the other<br />
dealer’s product.<br />
Ironically, now, when someone asks “Are those<br />
cultured pearls?” they are really asking, “Are<br />
they real?” Originally, the term was meant to<br />
denote Mikimoto pearls as not natural (and<br />
thus not as prestigious) but the definition has<br />
changed over time due to the overwhelming<br />
number of fraudulent pearls on the market.<br />
Mikimoto had to constantly fight allegations<br />
that his pearls were only imitations of real<br />
pearls, despite scientific reports to the<br />
contrary. After <strong>World</strong> War II, he opened<br />
stores in Paris, New York City, Chicago,<br />
Boston, Los Angeles, San Francisco, Shanghai,<br />
and Bombay, and was thus one of the first<br />
Japanese brands to attain an international<br />
presence and recognition.<br />
Despite great fame and fortune during his<br />
lifetime (Mikimoto died in September 1954),<br />
he remained humble and unaffected. His<br />
philosophy for general<br />
well-being was ‘three<br />
bowls of rice for<br />
breakfast, two for lunch<br />
and one for supper, and<br />
to sleep well, together<br />
with a sleeping stomach.’<br />
He liked fresh seafood,<br />
root vegetables and<br />
never missed listening to<br />
the news.<br />
In the Mikimoto<br />
Museum, on Pearl<br />
Island, where the first ever cultured pearl was<br />
found, is the original Mikimoto single strand<br />
pearl necklace. Known as Taisho-ren or the<br />
‘Boss’s Necklace’ it is made up of 49 large,<br />
supremely lustrous, perfectly matched pearls,<br />
the centre one being 14mm in diametre. All<br />
were hand chosen by<br />
Mikimoto himself over a<br />
period of 10 years, and<br />
it remains the template<br />
for all classic Mikimoto<br />
pearl strands.<br />
The Mikimoto company<br />
no longer farms pearls.<br />
Having changed the<br />
industry forever, they<br />
now merely buy the best from pearl farmers<br />
around the world.<br />
<strong>April</strong> <strong>2022</strong> 33
Alrosa<br />
RUSSIAN DIAMONDS<br />
Is the jewellery industry doing enough?<br />
As Russia’s devastating war on Ukraine drags on, the question of Russian diamonds<br />
becomes a legal and moral quandary for everyone in the supply chain.<br />
Almost all Russian diamonds come from<br />
Alrosa. The company produces the majority of<br />
the world’s rough diamond and 90 percent of<br />
Russia’s rough. It is responsible for 28 percent<br />
of global supply. The miner is one-third owned<br />
by the Russian Federation. Another third is<br />
controlled by regional governments such as<br />
the Russian republic of Yakutia where many of<br />
its mines are located.<br />
Alrosa’s corporate leadership has close ties<br />
to the Kremlin. The company and its chief<br />
executive, Sergei Ivanov, were personally<br />
targeted by US sanctions. Ivanov’s father,<br />
Sergei Borisovich Ivanov, is one of Russian<br />
president Vladimir Putin’s closest allies and<br />
was formerly a KGB colonel general, a Russian<br />
minister of defence and a Putin chief of<br />
staff. Alrosa is a major source of income for<br />
its state-owned shareholder. The company<br />
reported sales of $4.16 billion in 2021 with<br />
Alrosa CEO Sergei Ivanov<br />
a net profit of 91 billion rubles (AUD $1.2<br />
billion).<br />
Blood diamonds<br />
And literally overnight, the Russian gems have<br />
become conflict diamonds.<br />
Christine Villegas,<br />
director of the<br />
Mines to Markets<br />
program at Pact, a<br />
development NGO,<br />
says that Russian<br />
diamonds do not<br />
fit the narrowest<br />
industry definition<br />
Alrosa<br />
of ‘conflict diamond’ and worries that some<br />
players in governments and the industry will<br />
continue to trade based on this ‘loophole’.<br />
The Kimberley Process (KP) says the phrase<br />
refers to diamonds which are used to fund<br />
rebel groups — not, specifically, nations that<br />
invade other sovereign nations — but they<br />
clearly fit the spirit of the term, says Villegas.<br />
“They’re funding an armed conflict against<br />
a peaceful neighbour, by a state actor,” she<br />
said. “These things take time to settle on new<br />
definitions. But the silence is striking – and it’s<br />
hard not to presume it’s because much of the<br />
industry is hoping that this goes away or it’s<br />
forgotten.”<br />
Many major industry groups have not yet<br />
issued statements on whether responsible<br />
buyers should continue buying Russian<br />
diamonds.<br />
Sanctions<br />
On 11 March, US president Joe Biden issued<br />
an executive order restricting the import of<br />
Russian diamonds into the US. A day later, a<br />
clarification was issued. The ban was limited to<br />
the US importation of Russian rough diamonds<br />
and diamonds polished in Russia. The order<br />
placed no restrictions on the US importation<br />
of polished diamonds sourced from Russian<br />
rough but polished outside Russia.<br />
Key industry figures, such as Martin Rapaport,<br />
founder of RapNet, believe this will do nothing<br />
to halt the flow of Russian gems.<br />
“The sanctions – unless they deepen – are<br />
not going to affect the normal business,” he<br />
said, in a presentation to the industry. This is<br />
because the vast majority of Russian stones<br />
are exported rough. Most will then progress<br />
through the system to India, which cuts and<br />
34<br />
jewellery world - <strong>April</strong> <strong>2022</strong>
S&S<br />
STONES& SILVER<br />
STERLING SILVER JEWELLERY<br />
Ph: +61 3 9587 1215<br />
stonesandsilver.com.au
polishes 90 percent of the world’s diamonds,<br />
meaning polished diamonds can be imported<br />
to the US as an Indian product, not a Russian<br />
one.<br />
Government officials in India have received<br />
promises from Russia that the sanctions<br />
will not affect the flow of rough. Colin Shah,<br />
chairman of the Indian government’s Gem and<br />
<strong>Jewellery</strong> Export Promotion Council, told the<br />
India’s Economic Times that “Alrosa has assured<br />
us that they are running their business as usual<br />
... They will be fulfilling all their obligations to<br />
their clients in any part of the world,” he said.<br />
As for other governments around the world,<br />
the EU and the G7 (US, UK, France, Canada,<br />
Italy, Japan and Germany) have all indicated<br />
that tougher sanctions would be imposed on<br />
Russia, including the prohibition of jewellery<br />
and diamonds.<br />
Australia has also announced sanctions which<br />
will affect Russian mining companies and the<br />
dealings of 33 Russian oligarchs and prominent<br />
businesses. The Australian ban focuses mainly<br />
on fuel and energy products and makes no<br />
mention of diamonds.<br />
But will they be enough?<br />
The various sanctions do not prevent Russia<br />
from selling its diamonds. In fact, a report on<br />
the Rapaport website confirmed that an Alrosa<br />
auction took place in mid-March and, despite<br />
the Russian banking system being excluded<br />
from the international money transfer system<br />
Swift, the diamonds were paid for via banks in<br />
the United Arab Emirates and Italy.<br />
The Russian state,<br />
independently<br />
of the company<br />
Alrosa, has<br />
an enormous<br />
stockpile of<br />
diamonds known<br />
as the Gokhran.<br />
Historically,<br />
Russia has used<br />
the Gokhran<br />
to regulate the<br />
market, buying up<br />
excess and selling during shortages.<br />
“They have, since the 1990s, been purchasing<br />
diamonds in order to manage the pricing,”<br />
says Dr Hans Merket, a conflict diamonds<br />
researcher at Belgium institute IPIS.<br />
The Russian government holds periodic<br />
diamond auctions from the state stockpile with<br />
six such auctions occurring in the first half of<br />
2021. Industry watchers have estimated that<br />
revenue from just one of those sales reached<br />
$140 million.<br />
“It’s a state secret, how much diamond is in<br />
that stock,” Merket says. “If they would start<br />
selling those diamonds, that could be an<br />
important source of revenue.”<br />
So, even sanctions targeted at Alrosa will do<br />
little to regulate the flow of Russian stones.<br />
Letting business and the market<br />
decide<br />
With governments declining to draw the legal<br />
and moral lines against Russian diamonds,<br />
the issue will be left to individual companies,<br />
industry bodies to decide. And, perhaps,<br />
pressure from the general public. But Alrosa<br />
remains a key source of diamonds for many of<br />
the world’s largest jewellers.<br />
In the week after Russia’s invasion of Ukraine,<br />
Alrosa deleted its list of customers — usually<br />
proudly and prominently displayed — from its<br />
website. Archived versions of the list show over<br />
50 companies with long-term contracts with<br />
Alrosa including US giants Signet Jewellers,<br />
Tiffany & Co. as well as Chow Tai Fook, Chow<br />
Sang Sang, KGK and many companies from<br />
India, Belgium and Israel.<br />
At time of writing, only Signet Jewellers had<br />
issued a clear indication on its position on<br />
Russian diamonds. In a memo to suppliers the<br />
company stated that it had “halted all trade in<br />
precious metals and diamonds that originate<br />
from such sanctioned Russian sources, and<br />
you are therefore requested to stop supplying<br />
the same to Signet even though the country(s)<br />
in which you operate may not have imposed<br />
sanctions on Russian precious metals and<br />
diamonds”.<br />
Luxury jeweller Tiffany & Co. faces a moral<br />
decision after it recently began disclosing the<br />
country of origin for its engagement rings,<br />
citing the importance of responsible sourcing.<br />
Its manufacturing arm currently buys stones<br />
36<br />
jewellery world - <strong>April</strong> <strong>2022</strong>
Images from Alrosa's Mirny mine, by Stephanov Slava<br />
from five countries — Russia, Canada, South Africa, Namibia and<br />
Botswana. In other words: Alrosa and De Beers. Tiffany & Co’s<br />
parent company, LVMH, has closed its retail operations in Russia.<br />
The brands are caught between a diamond and a hard place.<br />
Russian gems are an integral part of their supply. They’ve all<br />
invested heavily in customer ideals of environmental and social<br />
responsibility. As the war continues, they will inevitably face<br />
backlash if they make any attempt to white-wash Russian diamonds.<br />
If they stay silent, the modern savvy consumer will see through that<br />
too.<br />
Just as consumers are<br />
beginning to see the Russian<br />
influence on energy prices<br />
and fuel tariffs as good<br />
reasons to invest more<br />
heavily in renewables and<br />
electric vehicles, there’s a<br />
strong chance the Russian<br />
conflict diamond issue will drive consumers more strongly toward<br />
lab grown diamonds.<br />
Villegas say the big industry players’ silence on the matter of Russian<br />
diamonds could affect the industry in significant ways for years to<br />
come.<br />
“All the work that has been done over the years to try to turn the<br />
industry reputation around, and show meaningful progress towards<br />
diamonds that do<br />
good [could] be<br />
undermined,” she<br />
told The Guardian.<br />
“There’s been a<br />
deafening silence.”<br />
PASSION<br />
COLOUR<br />
EXPERIENCE<br />
Suite 5, Level 1, 428 George Street SYDNEY NSW 2000<br />
P +61 2 8065 8533 E info@sovereigngems.com<br />
@sovereigngems
KGK Group Chairman awarded<br />
Lifetime Achievement Award at<br />
<strong>Jewellery</strong> <strong>World</strong> Awards<br />
The <strong>Jewellery</strong> <strong>World</strong> Awards (JWA) awarded<br />
KGK Group chair Navrattan Kothari with the<br />
<strong>Jewellery</strong> <strong>World</strong> Awards' highest honour, the<br />
Lifetime Achievement Award, for the year<br />
2021 on 21 February in Dubai in the presence<br />
of industry stalwarts.<br />
Mr. Kothari has been working persistently in<br />
the industry since the 1960s, not only to raise<br />
the KGK Group but also to inspire excellence<br />
in the jewellery and gemstone sector. He is<br />
a pioneer in the sector, and his experience<br />
and knowledge have made a significant<br />
contribution.<br />
The KGK Group was founded in Jaipur, India,<br />
in 1905, with the aim of trading gemstones<br />
between India and Burma. With a global<br />
presence across 17 countries today, the group<br />
has evolved into one of the most preferred<br />
brands in the gems and jewellery realm. KGK<br />
has emerged as one of the few conglomerates<br />
covering the entire spectrum of mining,<br />
sourcing, manufacturing, and distributing<br />
coloured stones, diamonds, and jewellery for<br />
over a century.<br />
Mr. Kothari has been the driving force behind<br />
the expansion of his family's gemstone trading<br />
company into a worldwide conglomerate. KGK<br />
Group is also actively engaged in numerous<br />
philanthropic endeavours, assisting those in<br />
need in the community and helping uplift<br />
society. He is a firm believer in the power of<br />
morals and always stands by the same.<br />
He adapted the same as his way of life. Mr.<br />
Kothari donates and contributes to social<br />
causes as he believes that “It’s difficult to be<br />
born as a human being. If you are not able<br />
to help others, it’s a sheer wastage of life.”<br />
He also started Bhagwan Mahaveer Cancer<br />
Hospital and Research Centre in Jaipur in 1996<br />
as it was his lifelong mission to help as many<br />
people as possible.<br />
The excitement doubled when, at the<br />
same ceremony, KGK Group also received<br />
Manufacturer of the Year Award for<br />
its diamond operations. KGK’s growth<br />
strategies in the diamond sector have always<br />
emphasised inclusive growth, paving a success<br />
path for many.<br />
“We constantly evolved ourselves and our<br />
business to<br />
transform the<br />
system in which<br />
business itself<br />
is conducted,”<br />
said Mr Kothari.<br />
“Receiving<br />
recognition<br />
from JWA will<br />
surely be an<br />
actuator to<br />
move forward<br />
with greater<br />
determination<br />
and<br />
momentum, keeping the identified philosophy<br />
and goals in view. It further encourages us to<br />
remain conveners for progressive discussion<br />
and collaborators for winning partnerships,<br />
resulting in positive business as well as social<br />
and environmental impact at scale.”<br />
The award ceremony held at JGT Dubai<br />
(<strong>Jewellery</strong> Gem Technology Dubai) was<br />
followed by a gala dinner which was attended<br />
by the leaders of the industry.<br />
The KGK Group has operations and offices<br />
active in Asia, Australia, North and South<br />
America, Europe, and Africa. With years of<br />
hard work and fore vision, it has achieved the<br />
vertically integrated standing of mines-tobrands<br />
in the gems and jewellery industry.<br />
For him, giving back to society is dharma.<br />
From left – Mr. David Bondi, senior vice president, Informa Markets; Mr. Navrattan Kothari, KGK Group;<br />
Mr. Ahmed Sultan Bin Sulayem, executive chairman, DMCC<br />
38<br />
jewellery world - <strong>April</strong> <strong>2022</strong>
According to legend and lore, the idea of a birthstone chart goes back to Biblical times and the<br />
Breastplate of Aaron, which was set with twelve gemstones. A writer in the first century postulated<br />
that these gems directly correlated with the twelve astrological signs of the Zodiac and that these<br />
stones were beneficial to the health of the wearer. While the perception of the 12-stone birthstone<br />
chart has changed over the centuries, it still implies “to each her stone.”<br />
THE ENCHANTING EMERALD<br />
The Birthstone of May<br />
For more than four thousand years, the green<br />
gem has fascinated humankind, from the emerald<br />
adorned palace of Cleopatra to the fabled mines of<br />
the Incas to the imaginary Emerald City of Oz.<br />
By Cynthia Unninayar<br />
Worn as talismans in ancient times, emerald has been<br />
associated with love and new beginnings. The green<br />
stone was also thought to confer riches and power, and<br />
to predict the future. A member of the beryl family, the first known<br />
emerald mines date back to 330 BCE in Egypt, although the gems<br />
were used much earlier in the Middle East and South America.<br />
Today, emeralds are found in many countries around the world, with<br />
most production coming from Colombia, Zambia and Brazil, with<br />
high-quality stones also found in Ethiopia, Pakistan, Afghanistan,<br />
Madagascar, and Australia.<br />
Perhaps the most famous emeralds come from Colombia and date<br />
back to the times of the Incas, who treasured the green stones. Today,<br />
the nation supplies about 20 to 25 percent of world production.<br />
Because they are so prized, Colombian emeralds demand a premium,<br />
and thus account for about 50 percent of world supply by value.<br />
The main deposits are found in two areas in central Colombia, each<br />
created during a different period in geological history. “Consequently,<br />
gems from each zone exhibit different mineralization types and<br />
slightly different colours,” explains Guillermo Galvis, President of the<br />
Colombian Exporters Association.<br />
A more recent source of fine emeralds is Zambia, which is today the<br />
world’s largest producer. Although the stones were discovered in 1928<br />
in the Kafubu area, they arrived on the world stage in a big way in<br />
2008, when industrial miner Gemfields bought 75 percent of Kagem<br />
Mining (the other 25 percent is owned by the Zambian government).<br />
While the Kagem Mine is the largest operation, there are many smallscale<br />
artisanal mines (ASM) in Zambia, which sell through a variety<br />
of channels, including Virtu Gem, a not-for-profit platform that helps<br />
artisanal miners to obtain fair prices for their gems mined not only in<br />
Zambia, but also in Malawi and Kenya.<br />
One of the more rare and<br />
unusual emerald varieties is<br />
the “Trapiche” emerald, found<br />
almost exclusively in Colombia.<br />
This 2.02-ct Trapiche is from<br />
True Blue Opals and Gems.<br />
(Photo: True Blue Opals<br />
and Gems)<br />
Above: Heart-shaped emerald from<br />
Zambia by Hamid Bros.<br />
Left: Oval cut 1.94-ct Zambian<br />
emerald, 9.3 x 7.1 mm by Hamid<br />
Bros. (Photos: Hamid Bros.)<br />
Round 1.26-ct emerald from<br />
Brazil by Sovereign Gems.<br />
(Photo: Sovereign Gems)<br />
While most facetted emeralds are destined to be used in jewellery,<br />
others are carved into intricate designs, while still others are kept in<br />
their natural mineral state, highly sought after by collectors.<br />
40<br />
jewellery world - <strong>April</strong> <strong>2022</strong>
Emerald-cut Afghan emeralds<br />
(0.16-ct and 0.17-ct) from<br />
Sovereign Gems.<br />
(Photo: Sovereign Gems)<br />
“Although fine quality emerald is in a higher price range than many<br />
other coloured gemstones,” says Grant Hamid, owner of Melbournebased<br />
Hamid Bros Pty Ltd, “it is one of the most popular. Its vibrant<br />
green colour is very attractive and suits many skin tones.” Hamid<br />
sources mostly from Zambia because he finds these stones “to be very<br />
consistent in quality, price and availability of various shapes and sizes,”<br />
noting however that the finest quality is challenging to source from<br />
anywhere.<br />
Susie Robson, director of Sydney-based Sovereign Gems, agrees that<br />
“emeralds have always been popular. I think people are attracted<br />
to emeralds because of the glowing green that the trace<br />
element of chromium provides.” She adds that while<br />
“traditionally, the most desired emeralds have come<br />
from Colombia, these days, we see good material<br />
from Zambia with gems also coming from Brazil and<br />
Afghanistan.”<br />
Emerald-cut emerald from Zambia<br />
weighing 3.05 cts by oagems.<br />
(Photo: oagems)<br />
Round emerald set with diamonds<br />
in a white gold ring by True Blue<br />
Opals and Gems.<br />
(Photo: True Blue Opals and Gems)<br />
Brendan McCreesh, of oagems, comments, “Emeralds<br />
have a tremendous beauty, mystique and cultural history that is<br />
deeply evocative.” He also notes a recent increase in demand for these<br />
green gems, “especially 1.5-ct-plus emerald cuts.” Not only is emerald<br />
May’s birthstone, he adds, but it is also the gem for the 20th and 35th<br />
wedding anniversaries, “so it will always remain a top seller.” While<br />
oagems sells mostly Zambian emeralds, the company also carries<br />
stones from Colombia and Brazil. “Colombian emeralds command a<br />
higher price—up to 30 percent—per carat than comparable quality<br />
Zambian stones,” he explains, noting that, in recent years, “buyers<br />
have learned that many Zambian stones are often indistinguishable<br />
from their South American cousins. With the increase in world prices<br />
for emeralds, there is little wonder why Zambian stones currently<br />
dominate the Australian market.”<br />
Among the many emerald decorations are<br />
carvings such as this 7.26-ct carved flower from<br />
oagems. (Photo: oagems)<br />
Emeralds in their mineral state are highly sought after by collectors. Shown<br />
here is a 756-ct mineral specimen from the Curlew Emerald Mine, Shaw<br />
River District, East Pilbara Shire, Western Australia. Mined by Scott Smith, it<br />
is offered for sale by True Blue Opals and Gems.<br />
(Photo: True Blue Opals and Gems)<br />
And, let’s not forget the beautiful emeralds from Australia.<br />
“Emeralds were discovered in Australia in 1912 near Poona,”<br />
explains Salma Patel, owner of Queensland-based True Blue Opals<br />
and Gems, who deals in spectacular mineral specimens. “While<br />
most production is from Poona, emerald deposits are also found<br />
Emmaville in NSW and in Western Australia, namely in the Pilbara<br />
region, south of Port Hedland, and at Menzies.”<br />
With its symbolism and beauty, emerald is the perfect birthstone for<br />
May, representing growth and rebirth, whether in its natural mineral<br />
state, as a faceted gem, an evocative carving, or set into myriad<br />
types of exquisite jewellery. ■<br />
<strong>April</strong> <strong>2022</strong> 41
AFFORDABLE LUXURY IGNITED<br />
Female watchmaker launches mechanical watch<br />
collection Loimu inspired by the Northern Lights<br />
Galvin Watch Company’s second collection combines high-quality<br />
Japanese Miyota movement with guilloché dials honouring the<br />
blazing Aurelia Borealis in six magnificent colours<br />
Galvin Watch Company (GWC), the first<br />
female-founded micro watch company<br />
in Australia, returned for its second<br />
round of crowdfunding to launch GWC’s next<br />
collection of meticulously crafted mechanical<br />
watches with luminous detailing powered by<br />
Japanese movement.<br />
The Kickstarter campaign began on 5 March<br />
<strong>2022</strong> to bring the Loimu Collection to watch<br />
enthusiasts at a price of AU$679 later this year<br />
– with major discounts for early bird orders.<br />
During the first day of the month-long<br />
campaign, GWC raised over $42,000 with the<br />
help of 110 backers around the world. The<br />
Loimu Collection reached its funding goal in<br />
six minutes.<br />
Galvin Watch Company is a family-owned<br />
business, managed by watchmaker Susan<br />
Galvin in Sydney, Australia, who went from<br />
a watchmaker to watch entrepreneur and<br />
a mother of two in two years – all during<br />
the pandemic and within a male dominated<br />
sector. Her Finnish<br />
heritage is intrinsic to<br />
the brand, combining<br />
Nordic minimalist<br />
design with the<br />
vividness of the<br />
landscapes in which<br />
she was raised.<br />
Loimu: Carry the<br />
blaze of the Northern Lights<br />
Every carefully designed detail of the Loimu<br />
Collection comes together to achieve a<br />
beautifully versatile mechanical watch suited<br />
for any occasion, inspired by one of nature’s<br />
greatest masterpieces, Aurelia Borealis.<br />
The Loimu Collection comes in six uniquely<br />
glistening colours named after the spectrum<br />
of colours the Northern Lights are famed for.<br />
The guilloché pattern, an artistic craft dating<br />
back to the 18th century, creates a vibrantly<br />
engraved surface to make the Loimu dial come<br />
alive.<br />
Loimu watches come with an adjustable,<br />
interchangeable stainless-steel bracelet. For<br />
GWC fans who own the original Alku watch, its<br />
leather straps are<br />
compatible with<br />
the Loimu range.<br />
The case diameter<br />
is 38mm, a subtle<br />
size for both<br />
genders. GWC<br />
watches are not<br />
gender specific,<br />
designed to suit<br />
everyone’s wrist.<br />
For advanced<br />
durability in most<br />
conditions, Loimu<br />
watches are<br />
water-resistant<br />
to a depth of 100<br />
meters (10ATM)<br />
with a screwed<br />
down crown.<br />
42<br />
jewellery world - <strong>April</strong> <strong>2022</strong>
Watchmaker’s promise:<br />
Personal quality checks<br />
with two-year warranty<br />
Galvin Watch Company<br />
offers a two-year<br />
international warranty for<br />
the Loimu Collection and<br />
each watch is regulated<br />
and quality control tested<br />
by the founder.<br />
As a professional<br />
watchmaker with ten<br />
years’ experience at<br />
the world’s most prestigious watch brands,<br />
Susan Galvin takes great pride in personally<br />
guaranteeing the quality of every GWC watch.<br />
“Having a watchmaker as the brand owner<br />
cuts out the middle person between the<br />
customer and potential repair work. I<br />
perform all watch repairs for Australia and<br />
the US myself. For the remaining countries,<br />
any repairs are completed by reputable<br />
watchmakers I have either worked or studied<br />
with,” Galvin confirms.<br />
“As I check every time piece personally before<br />
sending it to the customer, the quality is<br />
ensured from the start.”<br />
Design excellence that doesn’t miss<br />
a tick<br />
A long career at prestigious watch companies<br />
in the UK and Australia has given Susan Galvin<br />
the expertise to understand how the fine<br />
details of a mechanical watch culminate into a<br />
unique timepiece.<br />
“Years repairing and enhancing all types of<br />
watch brands taught me how to combine<br />
design with machinery to create a watch<br />
that catches the eye but is comfortable<br />
and durable enough for everyday use,” the<br />
founder notes.<br />
The combination of meticulous design with<br />
affordable quality brought GWC global success<br />
with the Alku Collection, with 261 backers<br />
around the world raising more than $120,000<br />
in total. Running a global watch company since<br />
then has offered Susan Galvin many lessons to<br />
bring into her new line.<br />
“In most aspects the Loimu watches are more<br />
complex than my first collection. I have chosen<br />
more and bolder colours alongside intricate<br />
design elements to create a unique collection<br />
I am so thrilled to bring to watch enthusiasts<br />
all over the world. Loimu feels like a true<br />
evolution.<br />
“Although I’ve introduced new features, such<br />
as the guilloché finish and date window in the<br />
dial, some aspects I’ve kept. I’m using Miyota’s<br />
premium range of movement again, as I was<br />
very pleased with how it has lasted the test of<br />
time with next to zero under warranty repairs<br />
since the launch of Alku in 2020.<br />
“The ‘Loimu’ name translates to ‘blaze’ in<br />
Finnish, paying homage to my heritage. My<br />
childhood was spent in Northern Finland,<br />
world-famous for its displays of remarkable<br />
colour in its night skies. Being away from<br />
home during the pandemic made me miss the<br />
uniquely beautiful and bare nature of Finland,<br />
something I wanted to bring into my next<br />
watch design.”<br />
<strong>April</strong> <strong>2022</strong> 43
THE PROSPEX SPEEDTIMER<br />
Showcasing the very best of Seiko’s chronograph<br />
watchmaking<br />
In recognition of Seiko’s support to <strong>World</strong> Athletics, the name Seiko Prospex will be<br />
displayed on the perimeter boards at the <strong>World</strong> Athletics Championships in July.<br />
Seiko’s tradition as a pioneer in sports timing began in the 1960’s<br />
when the company introduced to the world’s sporting stage<br />
a range of timing devices that set a new global standard of<br />
precision. This tradition has continued and, since 1985, Seiko has been<br />
the timekeeper of choice of <strong>World</strong> Athletics.<br />
In <strong>2022</strong>, for the 17th consecutive time,<br />
Seiko will deliver its state-of-the-art<br />
timing services to the <strong>World</strong> Athletics<br />
Championships which will take place in<br />
Eugene, Oregon, the spiritual home of<br />
the sport in the USA. This new Prospex<br />
Speedtimer Limited Edition Chronograph<br />
celebrates the sporting heritage of<br />
both Seiko and this hallowed venue<br />
and honours the performances of the<br />
approximately 1,800 athletes who will<br />
take part in the championships.<br />
The new Speedtimer chronograph will be available as a limited edition<br />
of 400 from June <strong>2022</strong> at the Seiko Boutiques and selected retail<br />
partners worldwide.<br />
History, heritage and high precision<br />
Just as Seiko’s 1960’s suite of sports timers brought important<br />
innovation to the global sports arena, so the creation of the Seiko<br />
Speedtimer in 1969 was a crucial landmark in the history of the<br />
chronograph. Thanks to its vertical clutch and column wheel, it made<br />
the measurement of elapsed time more precise and error-free than<br />
ever before.<br />
Hand assembled by Seiko’s skilled watchmakers, this new Speedtimer<br />
is powered by Calibre 8R46, which, like the Calibre 6139 used in the<br />
original 1969 Speedtimer, incorporates vertical clutch and column<br />
wheel mechanisms to ensure the highest possible levels of precision<br />
and durability. The escapement is light-weight and strong, thanks<br />
to the use of MEMS technology which enhances the stability of the<br />
watch’s precision. The pushers are prominent and have a wide and flat<br />
upper surface area to facilitate accurate operability. With the push of<br />
the reset button, the hands return back to zero instantly and in perfect<br />
synchronisation, ready for the next race.<br />
Designed to celebrate sport at the highest<br />
international level<br />
Every detail of the new Speedtimer reflects the high performance and<br />
reliability of Seiko’s sports timekeeping and captures the spirit of <strong>World</strong><br />
Athletics. The sand patterned dial evokes the texture of the running<br />
track and the chronograph second hand as<br />
well as the 30-minute counter at 9 o'clock<br />
are in yellow, the colour of all Seiko’s timing<br />
and measurement devices. The second hand<br />
is gently curved down towards the markers<br />
and its tip extends right to the edge of the<br />
dial so that the elapsed time can be<br />
read accurately at a glance. The hour<br />
and minute hands are generously<br />
coated with Lumibrite to enhance<br />
readability in the dark.<br />
The hands and strap stitching<br />
echo the yellow of Seiko’s timing<br />
equipment and the back of the<br />
watch features the event emblem.<br />
The watch is presented on a stainless steel bracelet that is specially<br />
designed and constructed for this series. Its thickness and weight<br />
combined with the low centre of gravity of the case ensure stability<br />
and a high level of comfort on the wrist. If the wearer chooses, the<br />
bracelet can be replaced with the black leather strap that is also<br />
included and whose stitching is designed to increase the durability of<br />
the strap.<br />
44<br />
jewellery world - <strong>April</strong> <strong>2022</strong>
ADINA CREATES<br />
<strong>2022</strong> RIDEWEST<br />
BESPOKE WATCH<br />
Over the last 12 years, RideWest has raised<br />
over $1,400,000 for the Royal Flying Doctor<br />
Service for mental health support programs for<br />
regional Queenslanders.<br />
This year Adina Watches celebrates their<br />
inaugural involvement in the <strong>2022</strong><br />
RideWest Charity’s event by creating<br />
an extremely limited edition of 100 bespoke<br />
watches. For each watch sold, Adina Watches<br />
will donate $100 to the RFDS, to support their<br />
ongoing valuable work in the Wellbeing Out<br />
West program.<br />
Adina’s involvement runs deeper than just<br />
making a watch. Their general manager, Grant<br />
Menzies, is putting on the lycra to complete<br />
the eight day, gruelling 1311 kilometres from<br />
Brisbane to Longreach. Grant has been a keen<br />
bike rider since his late teens and has taken<br />
on many cycling challenges. Either alone or<br />
with his family (known as Cycling Menzies),<br />
Grant has cycled through over 20 countries<br />
around the world. Cycling Menzies carry<br />
everything with them as they pedal. Grant is<br />
the first to admit cycling the world with kids is<br />
a little bit crazy – but hugely rewarding.<br />
Grant says the motivation to tackle a journey<br />
across a country in this fashion comes in part<br />
from the incredible scenery and in part from<br />
always enjoying the physicality of the day’s<br />
ride. “There’s also the feeling of achievement<br />
on reaching the daily goal no matter what<br />
Mother Nature has served up. And, of course,<br />
the obvious euphoria on reaching the overall<br />
destination at the end of a trip.<br />
“For the most part however, it is the ability to<br />
immerse oneself into a country and enjoy all<br />
its subtle nuances in its people, food, language<br />
and culture that are so often missed by the<br />
regular tourist. On a bicycle you are forced to<br />
stop regularly for food, water, directions, even<br />
a rest – all opening the opportunity to further<br />
interact with a country and its people.”<br />
However, the motivation for something like<br />
RideWest is very different. It is not about the<br />
people doing it, it is about the cause. When a<br />
group of motivated individuals come together<br />
they can make a huge impact. Each of the<br />
riders, Grant included, will rely upon the<br />
generosity of many.<br />
Every donation, no matter the amount, adds<br />
up.<br />
Grant hopes his riding for charity will inspire<br />
his children to embrace what a selfless act<br />
charity is and create a legacy of kindness.<br />
Come <strong>April</strong>, 30 riders will RideWest. Please get<br />
behind them.<br />
www.adinawatches.com.au<br />
www.ridewest.com.au<br />
Sponsor Grant’s ride at ride-west.raisely.com/<br />
grant-menzies<br />
<strong>April</strong> <strong>2022</strong> 45
THE BROOCH AS<br />
DIPLOMATIC TOOL<br />
Madeleine Albright, the first female US Secretary of State, was famed for her fierce and<br />
uncompromising negotiating skill, her love of brooches and for combining the two. She<br />
passed away in late March aged 84.<br />
Albright ran the US Department of State from<br />
1996 to 2001. Just like Queen Elizabeth, who<br />
has a fondness for choosing her jewellery<br />
to make a political point, Albright wore her<br />
brooches as “diplomatic tools”.<br />
She once told a GIA symposium that she<br />
owned hundreds of them and that she<br />
preferred to call them “her pins.”<br />
It began in 1997 when, as US Ambassador<br />
to the United Nations, Albright was highly<br />
critical of Saddam Hussein. Hussein’s poetin-residence<br />
called her “an unparalleled<br />
serpent.” At her next encounter with Iraqi<br />
officials and with every meeting thereafter,<br />
Albright wore a snake brooch, even though,<br />
as she explained at the time, she did not like<br />
snakes. After Hussein fell, she wore a snake<br />
brooch with a dagger through it.<br />
Vladimir Putin confided to Bill Clinton that<br />
Russian diplomats routinely checked to see<br />
which brooch Albright was wearing. On the<br />
first day of difficult discussions involving<br />
nuclear arms, Foreign Minister Igor Ivanov<br />
looked at her arrow-like pin for the day and<br />
inquired, “Is that one of your interceptor<br />
missiles?” She replied, “Yes, and as you can<br />
see, we know how to<br />
make them very small.<br />
So you’d better be<br />
ready to negotiate.”<br />
During a meeting<br />
about the Middle East,<br />
she wore a dove pin<br />
given to her by Leah<br />
Rabin, the widow of<br />
Israeli Prime Minister<br />
Yitzhak Rabin, who was<br />
assassinated in 1995.<br />
After Cuban fighter pilots shot down two<br />
unarmed civilian aircraft, Albright wore a blue<br />
bird pin with its head pointing down, a symbol<br />
of mourning for the four Cuban-Americans<br />
who were killed.<br />
Albright chose her jewellery as a reflection of<br />
her mood, and readily admitted most of her<br />
pieces were costume jewellery.<br />
“I have<br />
bought<br />
jewellery<br />
everywhere,”<br />
she said,<br />
speaking<br />
to the<br />
Smithsonian<br />
Institution<br />
which<br />
arranged<br />
an exhibit of her pins. “On good days, I wore<br />
flowers and butterflies and balloons, and on<br />
bad days, all sorts of insects and carnivorous<br />
animals. When people said, on the [United<br />
Nations] Security Council, ‘What are we going<br />
to do today?’ I said, ‘Read my pins.’ ”<br />
As she matured and pins became part of<br />
her diplomatic persona, Albright grew to<br />
like larger and bolder, even crazier, pieces.<br />
Diplomats from around the world gifted her<br />
with brooches to celebrate their negotiations.<br />
As a longtime fan of Star Trek, Albright had<br />
space themed pins and brooches that she said<br />
signified hope. As a jazz fan, she had enough<br />
musical instrument pins to assemble a jazz<br />
ensemble on her shoulder.<br />
She became so<br />
renowned for<br />
her brooches,<br />
she wrote a<br />
book entitled<br />
Read My Pins.<br />
Albright<br />
received the<br />
Presidential<br />
Medal of<br />
Freedom, America’s highest civilian honour,<br />
from President Barack Obama on May 29,<br />
2012. She served as the US’s permanent<br />
representative to the United Nations from<br />
1993 to 1997. Prior to 1992 was a member<br />
of president Jimmy Carter’s National Security<br />
Council and White House staff. In 2021 she<br />
was appointed Chair of the Defence Policy<br />
Board, a group tasked with providing the<br />
Secretary of Defence with independent,<br />
informed advice and opinion concerning<br />
matters of defence policy.<br />
46<br />
jewellery world - <strong>April</strong> <strong>2022</strong>
Calling all Retailers<br />
Calling all Retailers<br />
Calling all Retailers
NEW PRODUCTS<br />
Ellani Collections | +61 2 9899 1525<br />
Another beautiful addition from the new Ellani Collections<br />
AW22 release.<br />
www.ellanicollections.com.au<br />
Bianc | +61 413 872 810<br />
Bianc introduces some beautiful new additions to the Sirène<br />
Collection, featuring contemporary chokers and bold baroque pearls.<br />
All pearls are freshwater. These stunning pieces range from<br />
RRP$99-$359.<br />
info@bianc.com.au | @bianc_jewellery | www.bianc.com.au<br />
<strong>Jewellery</strong> Centre | +61 7 3221 3838<br />
Sterling silver long oval freshwater cultured pearl with 4-claw 5mm<br />
natural stone earwires<br />
Available in 3 colours:<br />
Natural Amethyst<br />
White CZ<br />
Natural Blue Topaz<br />
www.jewellerycentreaustralia.com<br />
Ellendale Diamonds Australia | Desert Rose<br />
<strong>Jewellery</strong> | +61 8 6180 1562<br />
Be seduced by the charms of this delightful solitaire ring in 18K<br />
white/rose gold. Featuring a round diamond D SI1 0.50ct and<br />
6 round Argyle pink diamonds 6/7PP SIAV 0.087ct. 16 tapering<br />
round diamonds G+ SI 0.21 ct.<br />
www.ellendalediamonds.com.au<br />
48<br />
jewellery world - <strong>April</strong> <strong>2022</strong>
Stones and Silver | +61 3 9587 1215<br />
New .925 sterling silver unisex ID bracelest featuring<br />
a curb chain.<br />
Available in a 21cm bracelet with the engraving plate<br />
6mm x 38mm or the larger size of 8mm x 40mm.<br />
stonesandsilver.com.au<br />
Ellendale Diamonds Australia | Desert Rose<br />
<strong>Jewellery</strong> | +61 8 6180 1562<br />
Anscintillating grain set double halo ring in 18K white/rose<br />
gold. Featuring a round diamond D SI1 0.50ct. 24 round<br />
Argyle pink diamonds 6/7 PP SIAV 0.24ct. A secondary halo<br />
of 16 round diamonds G+ SI 0.16ct and shoulders set with 12<br />
tapering round diamonds G+ SI 0.24ct.<br />
www.ellendalediamonds.com.au<br />
Zahar | +61 413 872 810<br />
Introducing the Sienna Collection.<br />
This new collection features edgy new designs, elegantly<br />
encrusted with pavè stones, making for a truly luxurious aesthetic.<br />
The collection range between RRP$69-$89. Featuring CZ stones.<br />
Everything is available now and ready for order<br />
info@zahar.com.au<br />
@zahar.collection<br />
www.zahar.com.au<br />
Allucia | +61 (0) 408 598 909<br />
Rhodium plated 925 sterling silver set with natural lemon quartz.<br />
Also available with natural rose quartz, rainbow moonstone,<br />
amethyst and green amethyst.<br />
View our range at www.alluciajewellery.com.au<br />
info@allucia.com.au<br />
<strong>April</strong> <strong>2022</strong> 49
chain<br />
services<br />
services<br />
AUSTRALIAN<br />
JEWELLERY TOOLS<br />
WHOLESALER<br />
SPECIALISING IN QUALITY<br />
JEWELLERY TOOLS & EQUIPMENT<br />
WITH EXCEPTIONAL SERVICE<br />
Chris O’Neill<br />
Piecemaker<br />
2015 YJG Bench Challenge<br />
Hand Engraving Champion.<br />
Also specialising in quality<br />
Handmakes, Repairs and<br />
Antique restorations in the<br />
Sydney CBD.<br />
0405 689 834<br />
MILN & CO. Pty Ltd<br />
Ph: 02 4655 7707 M: 0412 702 834<br />
E:stuart.miln@milnco.com.au<br />
Lancier Watch Bands - Leather, metal, sports.<br />
Watchglasses. Seals. Batteries. Quartz Movements.<br />
Pins/tools. <strong>Jewellery</strong> findings. J C Hurst Bangles.<br />
Fischer Barometers and Tide Clocks<br />
for sale<br />
PO Box 112<br />
Toronto NSW 2283<br />
P: 02 9380 4742 ∙ F: 02 8580 6168<br />
E: sales@adelaimports.com<br />
Adela Imports offer over 180<br />
designs of sterling silver chain,<br />
with up to 20 lengths available<br />
in each from stock.<br />
Also offering a range of<br />
uniquely designed silver<br />
jewellery.<br />
Catalogue available.<br />
www.adelaimports.com<br />
(07) 3876 7481<br />
sales@labanda.com.au<br />
FAX: (07) 3368 3100<br />
ADELAIDE (08) 7221 2202<br />
MELBOURNE (03) 9038 8545<br />
PERTH (08) 6363 5517<br />
SYDNEY (02) 8004 1626<br />
www.labanda.com.au<br />
diamonds and coloured stones<br />
Glues<br />
for sale<br />
Retail <strong>Jewellery</strong> Business for Sale<br />
Established 35 years ago in<br />
busy Gold Coast street location.<br />
Includes retail fit out, fully<br />
equipped jewellery, valuation and<br />
watchmaking workshops. Would<br />
suit a manufacturing jeweller<br />
specialising in design and makes<br />
and/or watchmaker.<br />
Owners seeking to retire<br />
$75,000 plus stock at cost.<br />
Contact Norm on 0450 703 325.<br />
Fantastic Sea Change Opportunity<br />
<strong>Jewellery</strong> and Giftware Business in Nelson Bay, NSW<br />
Established 21 years ago in coastal area of Port Stephens.<br />
Only 2.5 hours drive north of Sydney. Only one other manufacturing competitor.<br />
Swim software for POS and Stock management, including price tickets. Retail has large<br />
Chubb safe and alarm systems in both locations. Great retail location in Main Street and<br />
workshop located separately 85 meters away in arcade.<br />
Low rent $42K annual for both shops. Both leases negotiable. Large marketable client list.<br />
W.I.W.O $450,000 ONO [Current stock $178K at cost ($501K retail), fittings and equipment<br />
$61K]. Workshop includes display windows, 2 x work benches, Ratner safe and office<br />
fittings only, not tools. Take without stock at $275,000.<br />
Contact Roger 0414 821 931<br />
Relaxing ...<br />
Modern dating: Buy her jewellery,<br />
ADVERTISE HERE<br />
The classifieds section is an excellent place for suppliers and<br />
manufacturers to advertise products and services in a longrunning,<br />
low cost way.<br />
All size ads are available and may include product<br />
photos. Visit our website to download our media<br />
for prices.<br />
www.jewelleryworld.net.au<br />
pack<br />
and take her someplace expensive.
Calling all Suppliers<br />
Calling all Suppliers<br />
Calling all Suppliers
SPECIALISING IN ITALIAN MADE<br />
TENNIS MOUNTS AND GOLD CHAINS