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53M Americans to Buy Diamonds Between Thanksgiving and Valentine’s Day

The Diamond Producers Association released a new survey.

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NEW YORK — More than 53 million Americans — 21 percent — plan to purchase a diamond between Thanksgiving and Valentine’s Day, a new survey released by the Diamond Producers Association and KRC Research found.

Of Americans who plan to buy a diamond, more than 20 million plan to buy a diamond engagement ring.

Waiter Donates $200 to Jeweler’s Fundraiser, Wins Billionaire’s Heart, Gets Dream Job
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Waiter Donates $200 to Jeweler’s Fundraiser, Wins Billionaire’s Heart, Gets Dream Job

Video: This Saleswoman Remade Her Job … And Something Amazing Happened
Jimmy Degroot

Video: This Saleswoman Remade Her Job … And Something Amazing Happened

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The survey found that there is confusion among diamond purchasers about the differences between natural diamonds and laboratory-created diamonds, including differences in value, rarity, physical growth structure and origin.

“Diamonds shine especially bright this year,” said gemologist and diamond expert Grant Mobley. “Consumers, especially Millennials, are seeking ways to share authentic, emotional and lasting symbols of love with the special people in their lives.”

According to a DPA press release, 44 percent of diamond purchasers “were unaware of the significant differences in value, rarity, physical growth structure and origin between natural diamonds and laboratory-created stones.”

However, according to DPA, 71 percent became more likely to buy a natural diamond over a laboratory-created diamond as they learned the differences.

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According to DPA, these are the key differences:

  • Natural diamonds are more valuable than laboratory-created diamonds.
  • Each natural diamond is rare because it is unique and authentic; laboratory-created diamonds are not rare because they can be made in unlimited quantities.
  • Natural diamonds can take millions or even billions of years to be created in the earth; laboratory-created diamonds are typically made in two weeks.
    Natural diamonds and laboratory-created diamonds have easily detectable differences in their physical growth structures.

The survey found that three-quarters (78 percent) of Americans are more likely to consider purchasing a natural diamond once they learn of the positive social, economic and wildlife conservation impacts of the diamond industry.

According to DPA, key facts that influence purchasing decisions include:

  • The diamond industry supports 10 million jobs around the world and contributes $8.4 billion a year to African economies.
  • Investments by the diamond industry protect vulnerable wildlife around the world, including thousands of caribou, grizzly bears and elephants.
  • 99.8 percent of diamonds on the market are certified conflict-free through the Kimberley Process.

Conducted Nov. 5-7 by KRC Research, the survey assessed a nationally representative population of over 1,000 U.S adults aged 18 and over.

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Jeweler Accused of Stealing from Customers

He was arrested May 30.

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A jeweler in Lawrenceville, GA, has been charged with theft, the Atlanta Journal-Constitution reports.

Timothy New, owner of The Bench Jewelers, is accused of shortchanging some customers who left their jewelry with him for consignment. He also allegedly failed to complete custom design jobs that he promised, and failed to return the money.

New, 55, has been charged with theft by conversion and theft by taking.

He was arrested May 30, according to the Journal-Constitution.

The business has been closed.

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“Detectives have served several search warrants, which yielded the recovery of a large amount of jewelry,” Lawrenceville police Lt. Jake Parker said in a press release. “We are seeking help and looking to return the jewelry to the confirmed owners, as well as identify additional victims.”

Read more at the Atlanta Journal-Constitution

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Woman Indicted in Jeweler’s Stabbing Death

She’s accused of second-degree murder.

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A Tennessee woman has been indicted in connection with the stabbing death of 62-year-old jeweler Patrick Murphy in a New Orleans hotel room.

Magen Hall, 25, was charged with armed robbery and obstruction of justice and with the second-degree murder of Murphy in the three-count indictment handed up by an Orleans Parish grand jury.

The defendant’s name also is spelled Megan Hall in some court records.

Murphy was the owner of Murphy Jewelers, which has three stores in eastern Pennsylvania.
A housekeeper discovered Murphy’s body at 11:41 a.m. inside a room registered to Hall at the Empress Hotel at 1317 Ursulines Ave. New Orleans police homicide detective Patrick Guidry testified at a preliminary hearing in March that Murphy had been killed by three stab wounds — one to his neck and two to his abdomen.

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Hall has remained jailed since her March 3 arrest, in lieu of a $750,000 bond set for the murder allegation.

Hall faces a mandatory lifetime prison sentence if convicted of the murder charge, according to a press release from District Attorney Leon Cannizzaro’s office. An armed robbery conviction carries a penalty of 10 to 99 years in state prison, while obstruction of justice in a homicide investigation is punishable by up to 40 years.

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Waiter Donates $200 to Jeweler’s Fundraiser, Wins Billionaire’s Heart, Gets Dream Job

The event raised $450,000 in all.

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At a catwalk held by family-owned jeweler Le Vian on June 2 in Las Vegas, a billionaire and a waiter became the unexpected stars of the show.

At the company’s 20th anniversary Chocolate Diamonds catwalk fundraiser, Le Vian CEO Eddie LeVian announced that his company would be matching donations for children’s and cancer charities up to $175,000. One donor pledged the full $175,000.

LeVian then invited other smaller donations which came from the floor, with each donor being gifted a balloon and a rose as a thank you.

A waiter, whom the Daily Mail identified as Diego Mario Galietti, suddenly took the roving microphone. Through tears, he explained that he was a single dad and pledged $200 in honor of his father, Luis DaSilva, who had died of cancer at age 55, and in honor of his daughter, who is 7. The 500-strong audience erupted into a standing ovation.

The total raised for charities on the night was $450,000, with Le Vian and a billionaire donor ultimately both raising their donations to $200,000 each.

The billionaire top donor has now offered the waiter a job in his property company. The billionaire donor himself was orphaned at a young age and built himself up from troubled beginnings to become a plumber, a builder and now a property mogul in the U.S. market.

Charities supported by the fundraiser were Jewelers for Children, St. Jude’s Children’s Research Hospital and the Rafa Foundation.

Watch the video:

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