Press Releases CIBJO Releases Colored Stone Special Report It looks at technology’s impact and challenge of variety names. Published 2 years ago on October 10, 2019 By INSTORE Staff Share Tweet (PRESS RELEASE) MILAN, ITALY — With fewer than six weeks to go to the opening of the 2019 CIBJO Congress in Manama, Bahrain, on November 18, 2019, the fifth of the CIBJO commissions’ Special Reports has been released. Prepared by the CIBJO Colored Stone Commission, headed by Charles Abouchar, the report looks at opportunities provided by new technologies, and also at the vexing issue of gemstone variety names being used for marketing purposes, with few if any agreed to gemological standards. “One would surmise that, with the pace of technological advancement today, the challenges facing the colored gemstone sector would be lessening in number,” Mr. Abouchar writes. “But, as we discover time and time again, both technology and human ingenuity have a tendency to create new challenges and transform old ones. We have our work cut out for us.” Jimmy Degroot Video: Fix the ‘Glitches’ in Your Jewelry Business Jimmy Degroot Video: Everyone in Your Jewelry Store Can Get Along. Here’s How. Jimmy Degroot Video: Discounting Your Jewelry Can Send the Wrong Message “However, as an organization committed to instilling ethical business practices, technology enables us to reach out to our colleagues in ways that once were not possible,” he continues, noting that over the past year CIBJO has made two landmark guides available to the industry – the “Do’s and Don’ts,” which provides easy-to-understand guidelines for industry professionals about the rules and methods for the accurate disclosure and description of natural materials, treated materials and artificial products, as well as recommendations about information that should be requested from suppliers; and the CIBJO Responsible Sourcing Blue Book, which recommends procedures by which all participants in the jewelry supply chain may undertake supply-chain due diligence. Both can be downloaded at no cost from the CIBJO website. Describing unsubstantiated colored gemstone variety names as the “biggest challenge our trade is facing right now,” Mr. Abouchar notes that there are numerous instances of the same descriptive names being assigned according to different standards, each time in accordance with the individual guidelines of various gemological laboratories. “Starting with more classical descriptive terms, like ‘pigeon blood’ and ‘royal blue,’ some laboratories began developing their own nomenclature, creating new descriptive names for a wide range of colors. Apparently, this is a mutually beneficial business strategy for both the laboratories and the dealers,” he writes. Surmising that technology may eventually provide a solution to the problem, it is nonetheless imperative that the industry act quickly before consumer confidence is compromised. CIBJO’s Colored Stone Commission will work in close collaboration with the organization’s Gemological Commission to establish standards and parameters for variety names, he notes. Advertisement To download a full copy of the CIBJO Colored Stone Commission’s special report, click here. Related Topics: CIBJOcolored stones click to Comment(Comment) Up Next CIBJO President Discusses Path of Russian and Global Jewelry Industry Don't Miss AGS Laboratories Releases Digital Diamond Grading Reports Advertisement SPONSORED VIDEO Thinking of Liquidating? Think: Wilkerson When Peter Reines, owner of Reines Jewelers in Charlottesville, VA, decided it was time to turn over the “reins” of his 45-year-old business to Jessica and Kevin Rogers, he chose Wilkerson to run his liquidation sale. It was, he says, the best way to maximize the return on his decades-long investment in fine jewelry. 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