by Marc Cohen | Aug 7, 2014 | Business, Gold & Jewelry, Industry, News
Blue Nile, a leader in online retailing of diamonds and diamond jewelry reported a sales decrease in their 2nd quarter of 1.3% to 106.6 million. U.S. engagement sales for the quarter were down 4.6% Non Engagement jewelry sales were up 2.6% International sales...
by Marc Cohen | Aug 7, 2014 | Business, Gold & Jewelry, Industry, News
Rapaport reports that prices for certified polished diamonds has declined in 2 popular size categories. 1CT. Diamonds declined 2.4% in July .30CT. Diamonds declined 1.3% in July. The .30 to .50CT. category continued to rise 0.3% in July ,making the total increase...
by Data Age | Aug 5, 2014 | BE ON THE LOOKOUT, Business, Buying Diamonds.edu, General Merchandise, Gold & Jewelry, Industry, Management, Management.edu, New to the Industry, News
The diamond trade is facing a growing challenge from the production of synthetic diamonds. Synthetic diamonds are manufactured in a laboratory as opposed to natural diamonds, which are created by geological processes. The synthetic diamonds even have the same...
by Data Age | Jul 30, 2014 | Business, Buying Diamonds.edu, Buying Gold.edu, Education, General Merchandise, Gold & Jewelry, Industry, Management, Management.edu, New to the Industry, YouTube
It’s not a huge leap in logic to think a pawn broker would be a pretty effective negotiator. Usually, the biggest conflict in any reality TV pawn show is the bargaining over what something is worth. Les Gold star of truTV’s Hardcore Pawn and owner of Detroit’s...
by Data Age | Jul 28, 2014 | Business, Compliance, General Merchandise, Gold & Jewelry, Industry, Management, News
The Internal Revenue Service is wanting to force a business man, serving the remainder of a 72-month federal prison sentence, to forfeit 67 silver bars and thousands of dollars in cash found in his home in January. He received his sentence in July 2012 for conspiracy...
by Data Age | Jul 17, 2014 | Business, Gold & Jewelry, Industry
For over two and a half decades, Don Budd has owned over 3,000 Super Bowl rings, having several hundred in his shop’s vault currently. “Budd offers loans, sure, but more valuable to athletes is his promise to keep the transaction anonymous – an...
