Letters To The Editor

AUCTION COMPETITION I want to compliment you for the attention you have brought in the April magazine to probably the two most important issues facing high-end (and medium-end) independent jewelers. The first is the reprint of Glenn Rothman's discussion in his Di Star Report of the impact of the Rapaport Diamond Report on all levels of diamond sale profitability -- from the Central Selling Organization to the retail merchant. [See "Shrinking Profitability in the Diamond Business," JCK, April 1996, p. 33.] I hope this subject will be developed and discussed at great length in your own editorial pages. It is very important that there is a continuing dialogue about this potentially catastrophic situation. The article that addresses the other most important factor facing the independent jeweler is Russell Shor's "Auctions Bid for Private Jewelry Buyers." This article handles the situat

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