And Privilege is posting about pearls and asking the style question
Wednesday, January 6, 2010
Quality and Style
And Privilege is posting about pearls and asking the style question
Wednesday, December 9, 2009
Vintage Value Venture - A Plethora of Pearls
Cultured Pearl Bracelet in 18K
Vintage Retro Cultured Pearl Ring in 18KSunday, November 29, 2009
Jewelry Biz - A Tale of Two Cities, Akron and Geneva
On the high end:
I really don't know how to describe the high end other than tremendous.
Take this month's Sotheby's Geneva Magnificent Jewelry Auction for example
Magnificent Jewels of Important Historical Provenance
& Rare Coloured Diamonds Soar at Sotheby’s Geneva,
Bringing CHF 37,011,375 ($36,682,714, €24,553,028)
--The Roxburghe Rubies Bring the Unprecedented Sum of CHF 5,821,000, ($5,769,309, €3,861,602), A World Record Price for a Ruby Suite—
Diamonds do not have the "safe haven" status of gold, and their prices are more volatile than the precious metal. While spot gold has gained around 25% in value this year, diamond prices have fallen by at least 10%, in line with the poor performance of the luxury industry, according to U.S.-based IDEX Online Diamond Prices, which tracks global asking prices for polished diamonds.
David Bennett, Geneva-based chairman of jewelry for Europe and the Middle East at Sotheby's, says: "Like art, we would not advise someone to buy diamonds for investment purposes. People should buy diamonds for the joy of wearing them."
we've still got
the growing demand for tangible assets and portfolio diversification has led to the launch of a number of diamond investment funds this year, which believe they can achieve double-digit returns for investors.
Have a few extra dollars in your bank account?
Here are some investment options:
KPR Capital launched a Cayman Islands-domiciled open-ended investment diamond fund with a minimum buy in of $250,000.
Alfa Capital, the Russian investment group, launched a diamond investment fund with a minimum investment of €1m and an estimated yield of 15% to 17%.
Emotional Assets Fund was launched, investing in a number of assets from fine art and rare stamps to diamonds and diamond jewelry. The fund is targeting a growth rate of 15% per annum with a minimum investment of £100,000.
Dazzling Capital, a London-based company investing directly in period jewelry, also opened its doors this month, co-founded by former Christie's auctioneer Humphrey Butler.
The company, which accepts a minimum investment of £10,000 with an estimated return on investment of 11%
Names like Emotional Assets Fund and Dazzling Capital certainly sound contrived
especially when we know that white diamonds are not rare, they are scarce due to controlled distribution, yet returns have gone up because sales at the high end are off the charts.
But given that diamonds will bring an 11-15% return, why would you buy into a fund when you can just buy actual diamonds and get the pleasure of wearing your investment?
I'm dubious about buying diamonds, individually or in funds, unless they are rare and colored (fancy) "If you want to buy diamonds for investment purposes, they should be big and fancy (colorful)," says Holly Midwinter-Porter, a gemologist at U.K. jeweler Boodles. "Red and green are the rarest, and unlike white, man-made diamonds, are finite as they are only found in one or two areas in the world." She says returns on rare diamonds can enjoy double digit growth a year, and their portability makes them more appealing than gold or art to some investors. And if you are looking for a big red diamond I have one for sale.
But I do think that buying period diamond jewelry, like the emerald set in this photo, is an intriguing investment.After last year's horrendous holiday season, and the subsequent some 1,500 retail jewelry stores that went out of business, the big corporate chains such as Kay Jewelers and Zales are hoping for an increase in same store sales due to less overall competition.
Akron Ohio based Signet, which owns Kay and Jared, sees the demise in the industry as an opportunity. "Our balance sheet puts us in a stronger position competitively," Terry Burman, chief executive of Signet Jewelers Ltd., said in an interview.
In the current quarter, which includes the holidays, Wall Street analysts estimates Signet will post a 2% increase in sales at stores open at least a year. Last year, Signet's fourth quarter sales slumped 16% in the U.S. and 9% in the U.K.
I certainly hope that the analysts are correct given
The holiday season is crucial for jewelry chains, many of which record the majority of their sales and up to 100 percent of their profit in the period. Signet, for instance, books 40% of its sales and 70% of its profit in November, December and January, with the bulk of its sales coming in the last two weeks of December.
and
For the fiscal third-quarter ended Oct. 31, Signet, the largest chain jeweler in North America, posted a loss of $7 million, or eight cents a share, compared with a year-earlier loss of loss of $15.1 million, or 18 cents a share. Results for the company's latest quarter included a $5 million benefit from a change in U.S. vacation policy.
I'd still rather not invest in any retail jewelry business that caters to the low end.
Wednesday, November 18, 2009
OMG! Beladora2.com Giveaway on Radar Online!
Yesterday I told you about the jewelry case at Privilege
and, silly me, my post reminded me that this week, there is a givaway at Radar Online too.
You may be asking why these two multi-gemstone necklaces from Beladora2.com are being given away on Radar, instead of on BHB.Well, Radar is a leading celebrity gossip and style website
with 4 million hits a month, can I repeat that, 4 million hits a month!
and BHB is only my personal blog with my silly little musings
and as much as I would like my traffic to be in the millions per month...sadly it isn't.
Sunday, October 11, 2009
Vintage Value Venture - Seeing Red
Saturday, October 10, 2009
XOXO Gossip Girl
Danielle of Gem Gossip - Seriously, how adorable is this girl?
Wednesday, September 9, 2009
Labor Day Weekend Look
Rhonda Faber Green Hammered Gold Hoops with Diamond Detail
Lapis and Malachite Long Chain Necklace with Hammered Gold Beads in 18K
Indian Ruby, Sapphire and Emerald Bangles in 20K(The Jill Bangles)
Electra Amsterdam BikeTuesday, September 8, 2009
Got Gold?
UN wants new global currency to replace dollar
The dollar should be replaced with a global currency, the United Nations has said, proposing the biggest overhaul of the world's monetary system since the Second World War.
In a radical report, the UN Conference on Trade and Development (UNCTAD) has said the system of currencies and capital rules which binds the world economy is not working properly, and was largely responsible for the financial and economic crises.It added that the present system, under which the dollar acts as the world's reserve currency , should be subject to a wholesale reconsideration.
With this happening to the dollar it's not much of a surprise that gold is going up

Gold Rallies to 18-Month High on Dollar’s Weakness, Inflation
Sept. 8 (Bloomberg) -- Gold rose to the highest price since March 2008, passing $1,000 an ounce
Looking for the positive spin on all of this...
the rise in gold prices makes newly manufactured jewelry more expensive
which of course makes vintage estate jewelry an even better value
Just thought I'd mention it
Friday, September 4, 2009
Beverly Hills Bangles

Wednesday, September 2, 2009
Vintage Value Venture - Forties Fever
And as much as I loved the looks, I wasn't thrilled with the prices
So here's my vintage alternative
Vintage 1940s Belted Black Dress from Vintageswank for $265
Vintage 1940s Retro Diamond Ring From Beladora2.com $2250
1940s Inspired Black T-Strap Shoes from Fleuvog $89










Vintage 1980s Gemstone Earrings from Beladora.com $2850
