Archive for the ‘ Jewelry Business ’ Category

More Details on Christie’s Elizabeth Taylor Jewelry Auction

And as the best kind of details are visual, enjoy the gorgeous photos of some select items int he collection, courtesy of AP Photo/Richard Drew. To view the entire album at CBS News’ site, click here.

Liz Taylor's jewelry, Christie's, Auction, Raymond Lee Jewelers, Estate Jewelry

Liz Taylor, Elizabeth Taylor, Jewelry, Estate Jewelry, Christie's Auction

Enhanced by Zemanta
Advertisements

Industry Update: Diamonds May Surpass Gold for Investing

A scattering of "brilliant" cut diam...

Image via Wikipedia

According to David Parkinson of The Globe and Mail , there’s a sly little gemstone sneaking up stealthily behind gold to become the big-ticket investment grab of the year. While gold can’t seem to stay out of the headlines, diamonds have been steadily gaining Wall Street-cred in their own right.

Traditionally, diamonds and gold move in the same direction on the charts, but since the 2008 financial crisis, gold has skyrocketed thanks to its reputation as a solid way to store wealth. Diamonds, meanwhile, experienced “a recession-driven drop-off in jewellery sales” that weighed heavily on their market value. But over the course of the last year, diamonds are again trending upward as investors start to realize that diamonds may just be an even better investment than gold.

“Diamond companies look underpriced versus gold, [platinum group metals] and silver (SI-FT) stocks on a [price-to-net-present-value] basis,” wrote Edward Sterck, diamond-producer equity analyst for BMO Nesbitt Burns in London, in a recent research report.

Whether diamonds are actually a sounder investment than gold is debatable, but according to analysts “the outlook for gems looks strong on a good old fashioned supply-and-demand basis.”

Since 2006, the mining and production of diamonds has dropped off significantly. Diamond producers aren’t actively seeking new mines, or even doing much with those they’ve already established. Rather, they’re depleting the existing supply of diamonds, while a new demand lurks on the Eastern horizon.

China and India are producing a surge of new consumers eager to buy jewelry, which is viewed as a long-lasting investment especially in their cultures. According to the Globe and Mail, “Last year, diamond demand jumped 31 per cent in India and 25 per cent in China.”

Meanwhile, in the U.S., the diamond demand jumped 7% in 2010 – solidifying diamonds as a sound investment for wealth and not just the jewelry box.

To read more, visit The Globe and Mail’s website.

Liz for Raymond Lee Jewelers, your trusted source for jewelry industry updates, news and trends.

Enhanced by Zemanta

Industry Update: Jessica Simpson to Debut Fine Jewelry Collection

When Jessica Simpson stepped onto the scene in the late 90’s as one of the day’s pop-starlets, not too many people would have guessed that a decade later she’d be at the helm of a fashion empire.

Jessica Simpson, jewelry, raymond lee jewelers

Courtesy of US magazine

The blonde beauty has turned her Jessica Simpson Collection company into a billion-dollar firm, encompassing clothing, shoes, handbags and accessories. Her denim line is sold in more than 650 department stores, and apparently consumers truly cannot get enough of the J. Simps brand.

Zales announced earlier this week that in October 2011 it will debut a collaboration with Jessica Simpson and Firestar Diamonds called “Diamonds are a Girl’s Best Friend.”

“Jessica Simpson is viewed as the girl next door, and our guest is a midmarket guest and we believe she is someone that they can identify with. She has great reach and great power across a number of different categories, so doing a diamond fashion collection made perfect sense,” Zales’ CEO Theo Killion tells Women’s Wear Daily.

The line will feature pendants, rings, bracelets, earrings, and bangles in gold, silver and diamonds, and prices range from $79.99 to $999, making the line easily accessible to Simpson’s enormous fan base.

White gold and diamond heart pendant from Simpson's collection

Jess tells Woman’s Wear Daily: ““I love that a piece of fine jewelry can be passed down from generation to generation. I cherish the pieces that were given to me, so it is really special to be able to design my own.”

RLJ readers, are you excited to see this line of fine jewelry? Are you a fan of Jessica Simpson’s fashion empire?

Enhanced by Zemanta

Wedding Wednesday: Engagement and Wedding Jewelry Trends for 2011

Key Trends from The Knot & WeddingChannel.com’s Bridal Jewelry Study

engagement statistics, average cost of engagement ring, raymond lee jewelers

Stats via MarketWatch.com

Yesterday, TheKnot.com and WeddingChannel.com released the results of its Engagement & Jewelry Study, which surveyed more than 10,000 U.S. brides and 1,000 U.S. grooms engaged or married in the past year. This study is the most comprehensive survey of wedding jewelry purchases, and shows some clear trends for 2011 – Raymond Lee Jewelers breaks it down.

Most Grooms Aren’t Basing Their Budget on the Economy

With the economy making a measly recovery (on a good day) one would think that engagement ring sales would have taken a big hit, but grooms aren’t skimping on the most important purchase of their lives. Only 14% of men said that they had purchased a less expensive ring due to the shaky economy. The average cost of an engagement ring is around $5200, down only $600 from 3 years ago, while the luxury engagement ring segment spends an average of $13,500.

Round Rings Rule

Rounds remain the most popular choice for engagement rings with 53% of brides opting for a round diamond. The luxury segment prefers rounds even more, with 57% of luxury engagement rings featuring round diamonds. And while princess remains the next most popular cut, cushion cut diamonds are trending for both the typical engagement segment and luxury segment.

Among the Luxury Segment, Tradition is Tops

Perhaps the reason that rounds shine brighter among the luxury segment is their classic shape. Also, luxury engagement rings feature larger center stones and might only require one large, solitaire round to make a statement. Another tradition among those who live luxe? Grooms asking the bride’s father for permission – a whopping 80% of them asked Pops before popping the question. One tradition that spans across both segments? Getting down on bended-knee: 77% of grooms opted for this.

Uniqueness is Prized

Grooms are choosing to add personal elements to pre-existing ring designs or to commission original designs. 41% of grooms, and 59% of grooms within the luxury segment, are adding to or creating new designs. Additionally, while white gold remains the most popular metal, grooms are favoring metals like tungsten and titanium in their rings.

Grooms are Sticking to Brick and Mortar Stores

Only 9% of grooms purchased their rings from online retailers, while 35% of them bought the ring at a national jewelry chain. Local and independent jewelers, like Raymond Lee Jewelers, accounted for 39% of all groom’s engagement ring purchases. And regardless of the name on the receipt, brides are gently nudging their beloveds towards “The One”, with 65% admitting to being “somewhat involved” and 31% “very involved.”

Jewelers, what kinds of trends have you noticed in engagement and wedding jewelry sales? Brides & Grooms, share with us your purchasing process in the comments below.

Liz for Raymond Lee Jewelers, South Florida’s choice for pre-owned luxury engagement rings.

Tubular Tuesdays: In The Shop

A Picture Perfect Peek at Three Tremendous Timepieces of the Raymond Lee Jewelers Inventory… Today.

The Rolex Submariner 16610

The Rolex Submariner 16610 is the classic diving watch.  It’s 904L stainless steel case is able to withstand depths up to 300 meters (1,000 feet).  With a 40mm case it is on the larger size for gents watches.  As a standard, men’s watches are usually 36-40 mm.  The Submariner remains one of Rolex’s most popular watches. Not only is this gorgeous timepiece classic, it’s also on-trend; GQ’s September cover features Jets quarterback Mark Sanchez wearing this bright, modern timepiece.

The Rolex Datejust Masterpiece 81339

This 18K white gold stunner features a Tahitian Mother of Pearl dial that lends an air of sophistication and uniqueness. Add to this the double row of diamonds encircling the face of the watch, the scratch resistant sapphire crystal, and the diamond dial, and this watch becomes a true collectors piece.

The Rolex Daytona 116589

Introduced in 1963, the Daytona collection was designed to fit the needs of racecar drivers. Whether you’re looking to perfectly measure your lap time, or you’re simply a fan of beautiful timepieces, this particular Daytona is in a league of its own. Cased in white gold, the dial is mother of pearl with diamonds, surrounded by a bezel of diamonds, and capped off with a supple black leather band.

Readers, which of these pre-owned luxury watches would you most like to own?

Liz for Raymond Lee Jewelers, South Florida’s choice for pre-owned Rolexes and luxury timepieces.

Industry Update: The Annual Baltimore Summer Antiques Show

Today Kicks off the 31st Annual Baltimore Summer Antiques Show with Rapid Reporting from Raymond Lee Jewelers

This year, the Baltimore Convention Center plays host to the Baltimore Summer Antiques show. Running from today through August 28th, this show is completely sold out, making it one of the most exciting antiques show in the country.

Over 550 exhibitors from across the globe are showcasing unique and beautiful collections, in addition to a 70-dealer antiquarian book fair, making the Baltimore Summer Antique Show Maryland’s largest antiques event and the US’s largest indoor antique show.

The Baltimore Summer Antique Show

Sponsored by Antiques and Fine Art Magazine, the Baltimore Summer Antiques show is presented by The Palm Beach Show Group, producers of the Palm Beach Jewelry & Antique Show, the Dallas International Art, Antique & Jewelry Show, and the Naples Art, Antique & Jewelry Show. This year’s show features a lecture series in addition to the more than 200,000 items on display.

the show attracts tens of thousands of knowledgeable collectors and respected dealers from around the world who travel from as far as Dubai, Brussels and Beijing to purchase from the extensive array of merchandise offered by more than 500 prominent exhibitors, many of which are the world’s foremost experts in their respective fields. The Baltimore Summer Antiques Show is the largest indoor antiques show in the country, offering guests access to aisle after aisle of fine art, furniture, Asian art, American and European silver, jewelry, porcelain, glass, textiles, American folk art and more, ranging from the antiquities to the 20th century.

For more information and updates, please visit the official website of the Baltimore Summer Antiques Show.

Beaded Jewelry – Jewelry Trends of 2011

Beaded anklets & Beaded Jewelry

Ankle bracelets are nothing new, right? So why is the beaded anklets so popular? And really, beaded jewelry altogether is popular right now.

It isn’t just anklets, certainly, beads are EVERYWHERE. Fun, fancy and fabulous. Beads just make jewelry more fun and interesting! Do a quick Google search and you’ll find things like this (courtesy of SWCReations):

Take them in any form or fashion. You can get beads of glass, or metal… plastic, china, pottery… well, you get the point. There’s a huge variety to play with.

In fact, it’s the material of the bead that will dictate the cost. Check out this fun necklace from our eBay store today that illustrates the cool classy of  colored beads ~

14K Yellow Gold Bead and Lapis Endless Strand

14K Yellow Gold Bead and Lapis Endless Strand

A quick look around sites like http://www.jadesbeadedjewelry.com/ and others like it reveal products like these: 

This slideshow requires JavaScript.

About Us: Raymond Lee Jewelers is one of South Florida’s biggest buyers and sellers of jewelry, always offering the highest, most competitive prices for estate jewelry.

Raymond Lee Jewelers for accessories, luxury watches and beaded jewelry.

%d bloggers like this: