Part 1: KPCSC gives insight into illegal diamond mining, trading in Africa

Although the diamond watchdog Kimberley Process (KP) prides itself for significantly reducing the flow of conflict goods since its establishment in 2003, the Kimberley Process Civil Society Coalition (KPCSC) alleged that illegal diamond...

Yesterday

The jewelry industry in Russia needs to be upgraded in a serious way

Dina Nasyrova is a vice-president of the International Jewelry Exhibition-Congress J-1 recently hosted by the Atrium of Gostiny Dvor in Moscow. As a partner and the Muse of the famous jeweler Ilgiz Fazulzyanov, she actively participated in the preparation...

11 october 2021

Smiling Rocks, a philanthropic business model, inspires companies to work for betterment of the world

Zulu Ghevriya, the CEO and Co-Founder of Smiling Rocks, Founder of Vedantti Jewellery and Managing Director of Prism Group has been in the diamond and jewellery industry for over 20 years. Zulu started his business, Prism Group, as a natural diamond...

04 october 2021

Work hard and you will find success

Eduard Utkin, Director General of the “Jewellers’ Guild of Russia” Association, expert of the RF Chamber of Commerce and Industry’s Committee on Precious Metals and Precious Stones, told R&P about implementing the SIIS PMPS (State Integrated Information...

27 september 2021

GOLDNET.MARKET - “We want and are working to provide business with the opportunity to develop a lot of activity areas”

Today, almost all jewellery companies have their own wholesale websites, online stores, and social media pages. But a year ago, GOLDNET.MARKET, the first jewellery wholesale marketplace appeared in Russia, a new effective tool for the jewellery market...

20 september 2021

Gübelin Gemstone Rating offers orientation, transparency & comparability in purchasing coloured gemstones

19 november 2020
news_19112020_gubelin.png
Image credit: Gübelin Gemstone Rating

So far, there was no common language to uniformly assess coloured gemstones. Now the Gübelin Gemstone Rating offers orientation, more transparent information and comparability for final customers as well as the entire industry, says a press release from the company.
The system is inspired by wine ratings, which also often express the quality grade of wine as a point value. High-quality coloured gemstones which receive at least 75 out of 100 possible points qualify for the Gemstone Rating. This number conveys the assessment of the gemstone to jewellery customers, collectors, investors as well as dealers, jewellers and auction houses at a glance.
Three factors are examined: quality, rarity and salience. The key factor is quality, in which visual aspects such as colour, clarity/transparency and cut are rated. Rarity includes the type of gemstone, its weight as well as any treatments it might have been subjected to. Salience describes the uniqueness of the coloured gem, its ability to stand out from the crowd.
Raphael Gübelin, President of the House of Gübelin explains: “The more you know about coloured gems, the more you value them. With the Gemstone Rating and Gübelin Points, we offer more transparency, comparability and orientation. This benefits everyone buying or selling coloured gems.The Gübelin Gemstone Rating was developed for high-quality natural coloured gemstones such as rubies, sapphires, emeralds as well as padparadscha sapphires, paraiba tourmalines, spinels and numerous other varieties of precious gemstones.”

Aruna Gaitonde, Editor in Chief of the Asian Bureau, Rough&Polished