Hot-Button Issues in Color

Following are some of the critical gemstone issues that retailers should be aware of. Burma Ban: No Ruby for U(S)! The Tom Lantos Block Burmese JADE Act of 2008 prevents rough or cut jadeite and rubies of Burma origin from being imported into the United States. It doesn't matter whether it's carved in China, set in Thailand, or an estate piece from Europe. If it's Burmese jadeite or Burmese ruby, it can't come in to be resold. However, jewelers are allowed to sell Burmese jadeite or rubies already in the United States. Tiffany & Co. supports the ban, but the International Colored Gemstone Association has asked jewelers, suppliers, and retailers not to make any hasty decisions about a systematic ban of Burmese gemstones. An ICA statement recommends that jewelers “cautiously consider the negative impact and collateral damage that indiscriminate measures could inflict upon indepen
JCK PRO

This content is exclusive to JCK Pro subscribers. Subscribe now to access this and much more with discount code GOPRO21 for $199 for an entire year of access (reg. $249).

SUBSCRIBE TO CONTINUE

Already a JCK Pro? Log in

A JCK Pro subscription is your all-access pass to people and resources on the
cutting edge of the retail jewelry industry, from the industry authority you
know and trust

Learn about the Perks of JCK Pro

Log Out

Are you sure you want to log out?

CancelLog out