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Jewelers of America offers members guidance on Burma gem ban

Retailers should ask suppliers for assurances that they are abiding by the JADE Act

(NEW YORK) - Jewelers of America (JA), the national trade association for businesses serving the fine jewelry retail marketplace, has sent its members updated guidance on the Tom Lantos Block Burmese JADE (Junta's Anti-Democratic Efforts) Act of 2008, which banned the import of Burmese rubies and jadeite, effective September 27, 2008.

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JA fights LIFO repeal

Association urges members, industry stakeholders, to contact legislators

(NEW YORK) - Jewelers of America (JA), the national trade association for businesses serving the fine jewelry retail marketplace, has initiated a campaign to aggressively oppose a repeal of the last-in, first out (LIFO) inventory accounting method, which President Barack Obama has proposed in his FY 2010 budget.

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Jewelers For Children raises nearly $50,000 at Conclave

Silent and live auctions coupled with cash donations and the sale of AGS teddy bears responsible

(NEW YORK) - Attendees of American Gem Society (AGS) Conclave, held April 1-4, 2009 at the Hyatt Regency Chicago, supported Jewelers For Children (JFC) fundraising efforts through the donation and purchase of goods via live and silent auctions to the tune of nearly $50,000. To-date the AGS community has donated nearly $600,000 through their support of JFC at Conclaves.
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Switch artist plagues southern retail jewelers

In our April issue we reported on a jewelry switch that took place in Winston Salem, NC. ("Will this man walk into your store next?" April 2009, pg 2). The perpetrator, who's picture was featured with the story, was very smooth and had gotten away with cash and left behind fakes, even after expert evaluation by a veteran jeweler.
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Reller offers alternative to high priced gold

(GAINESVILLE, Fla.) - $2000 Gold? "Been there. Done that!" quips Bernard Reller, President of RellerGold in Gainesville, Florida. "The $850 peak of 1980 is the equivalent of over 2000 of today's dollars." In those days the Collections by Bernard Studio was housed in a converted 10' x 50' mobile home with a 10' x 10' casting shed out back.
Bernard had recently moved his contract casting business from the bustling Seybold Building in downtown Miami to the pristine woodlands of north central Florida where he could concentrate on developing his budding Nautical and SeaLife Jewelry Collection. "I was looking for the quiet life, but not dead quiet!" observed Bernard. "The Fine Jewelry Industry was ‘in irons,'" (a sailing slang for becalmed).
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Diminutive Manta Ray now swims with the Kovel collection

A new manta ray design joins the Coastal and Island jewelry collection from Kovel Jewelry.

"This little guy is so cute and now part of what is becoming a collectable series for the Kovel Jewelry line up," says company president Dr. William Kovel. "The Manta Ray is priced very affordably and presents great value to the retail consumer in this market."
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