Supplier News: Week of Nov. 18

JAGi Now Offering Services to Jewelry Retailers and Manufacturers

The Jewelry Appraisal and Gemological Institute (JAGi) has announced the expansion of its services to include the entire retail jewelry industry. The group is opening its JAGi CardCert reports—independent, third-party diamond grading and appraisal—to jewelry retailers and manufacturers.

“JAGi is responding to an important need from the pawnbroker for an ethical authority that enables them to achieve maximum value and increased profits from all jewelry, diamond, and gemstone sales of their inventory,” said chief executive officer Moris Adato in a statement. “We are bringing our wide range of experience with grading and appraising diamonds and jewelry to the retailers who need an accurate, value-priced certificate.”

Founded just more than three years ago by graduate gemologist Moris Adato and diamond and jewelry business consultant Jim Littman, JAGi originally served the pawnbroker industry. Each of the lab’s appraisals are performed by GIA graduate gemologists, with marginal fees beginning at $24.95. JAGi offers a number of other services in addition to its grading reports, including parcel sorting, cleaning, repair, diamond recut analysis, polishing, and Rolex certification.

For more information, visit jagilab.com.

 

PT Next Acquires Software Company CodeNameWhat

Pac Team Group’s technology arm PT Next has announced its acquisition of CodeNameWhat, a software development company founded by RFID software veteran Peter Shoemaker. The company had previously worked on the development of Argos, PT Next’s RFID-based platform for the jewelry and watch industry.

“With the acquisition of CodeNameWhat, PT Next can continue to lead the design, development, and implementation of cutting-edge technology solutions that are specifically designed to address our customer’s retail challenges in the jewelry and timepiece industry,” said Eric Zuckerman, president of Pac Team Group, in a statement.

For more information on the offerings of PT Next, visit pacteam-group.com.

Top: A sample appraisal by JAGi

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