Trade Resources
Polygon in Las Vegas, 2014: Report on JCK and the Las Vegas Antique Jewelry & Watch Show
Polygon was proud to be a part of both JCK Las Vegas and the Antique Jewelry & Watch Show, with whom Polygon partnered for the fourth consecutive year. Both shows proved excellent opportunities to meet with many of our current and prospective members!
Las Vegas Antique Jewelry & Watch Show Achieves Largest Show Opening in 18-Year History
LAS VEGAS (June 5, 2014) – The Las Vegas Antique Jewelry & Watch Show recently reported a 25 percent increase in opening day attendance, 11 percent cumulatively, at the May 29-June 1 event. Held at the Paris Hotel & Casino during Las Vegas’ Jewelry Week, the four day tradeshow featured the largest selection of antique jewelry and watches from nearly 400 dealers.
Zale Shareholder Seeks to Block Signet Purchase
An investment company holding a 9.5 percent stake in Zale Corp. has stated that it intends to vote against the acquisition of the company by Signet Jewelers, as part of an upcoming shareholder vote scheduled for May 29. The announcement by TIG Advisors LLC, in which the investment company referred to the Signet/Zale deal as “inadequate” for Zale shareholders, could significantly delay or even derail the highly-publicized takeover that was announced in February 2014.
Embargo on Ivory Coast Diamonds Lifted
In a unanimous decision delivered on April 29th, the United Nations Security Council rescinded a nearly decade-long ban on the export of rough diamonds from Cote D’Ivoire, also known as the Ivory Coast.
De Beers Allows U.S. Companies to Bid in Online Auctions
Global diamond conglomerate De Beers, banned from doing business in the United States since 1948, allowed American companies to participate in their online diamond auction for the first time on April 28th, 2014.
U.S. Antique Shows Partners With Polygon in 2014
NAPLES, FL (April 22, 2014) – U.S. Antique Shows, the world’s largest producer of indoor antique shows, recently announced their latest partnership with Polygon for their 2014-15 antique jewelry and watch shows. Polygon is an online community and trading platform for jewelry professionals, where members trade diamonds, jewelry, colored stones, watches, estate pieces, and more.
Jewelers Board of Trade Introduces Credit Rating Monitoring for Retailers
The Jewelers Board of Trade, which describes itself as “the only organization dedicated solely to providing credit reporting, collections and marketing services to the jewelry industry”, has introduced a subscription-based program allowing retail jewelers to monitor their JBT credit rating score on a monthly basis.
Two 160 Carat Diamonds Discovered at Letseng Mine in Lesotho
Two rough diamonds, each in excess of 160 carats, have been extracted in “largely undamaged condition” from a mine located in the tiny nation of Lesotho, a landlocked country in the middle of South Africa.
Signet Jewelers To Acquire Competitor Zale Corp. in $1.4 Billion Deal
Signet Jewelers - parent company of the largest jewelry retail chain in the United States, Sterling Jewelers – has made an offer to buy Zale Corp., their largest competitor, in an acquisition expected to be worth $1.4 billion.
GIA Introduces Device Able To Identify Synthetic and Treated Diamonds
The Gemological Institute of America has developed a device for the screening and detection of synthetic diamonds and diamonds that have been modified using high-pressure, high-temperature (HPHT) methods.