Defining “Pearls,” Warren Buffett Works the Jewelry Counter, and Other News

Some of the latest stories in diamond and jewelry news…

Idex: Definition of ‘Pearl’ on CIBJO Agenda

What does a consumer expect to see when the object put in their hand is called “pearl?”

South Sea and Tahitian Pearls

JCK: Warren Buffett Scores in Second Stint as Jewelry Salesman

On May 6, famed billionaire Warren Buffett once again worked the jewelry counter at Borsheims—scoring big sales while seemingly relishing the attention.

Rapaport Fair Trade News: Charles Taylor’s Legacy‎

The guilty verdict against former Liberian president Charles Taylor, handed down on April ‎‎26 in The Hague, should send a clear message to Africa’s rogue leaders…

National Jeweler: $10M in yellow diamonds displayed at Birks

Soon after showcasing a 10-carat purplish pink at its Edmonton store, Birks brought $10 million worth of yellow diamonds to its Toronto location, the Canadian jewelry chain announced.

Israel Diamond News: Las Vegas to Host Conference on Future of Diamonds

The Accredited Gemologists Association will host the conference, entitled “Looking Through the Looking Glass – The Future of Diamonds” on Thursday, May 31.

KABC-TV: Perez Hilton sued for libel by celeb jeweler

Celebrity blogger Perez Hilton is facing a libel lawsuit from the jeweler who designed the engagement ring that Brad Pitt gave to Angelina Jolie.