June 2016

Like? Share!

Sarine Spectrum_3_Diamond industry

SPECTRUM – Voices from the Diamond Industry #03

This week’s diamond industry news, explored in the 3rd edition of our new SPECTRUM Blog. We feature an article by Jen King and Luxurydaily.com about the lack of synchronization between consumer behaviour and current retail technology. It paints a grim picture for retailers, but fortunately there are solutions. We also feature Ella Morton [Atlasobscura.com] on the hidden messages in 17th Century diamonds; Matthew Wright [UMBrightnow.com] on how diamonds and nanotechnology could be changing our future; A very insightful piece by Rachelle Bergstein on why people still buy diamonds; And finally our diamond of the week, or should that be our uncut diamond of the week, which unfortunately did not sell this week at Sotheby’s, the Lucara Diamond and everyone is talking about it. Enjoy!


Current retail technology and consumer behavior not yet in sync: report

By Jen King, Luxurydaily.com

Wow how timely. According to this article in Luxurydaily.com and based on research we have also recently conducted, it would appear that current retail technology and consumer behaviour are really not yet in sync. You may have missed it but we have just produced a 4-part series around the diamond buying journey, here, which was published in the JCK Content Studio. As well as this amazing infographic about the Millennial diamond shopper. All of this, the above-mentioned article by Luxurydaily, our own research, our look into the diamond buying journey and the millennial shopping dilemma show that Jewelry retailers are facing unprecedented challenges. It’s time to step up to the plate and look at ways you can connect better with your customers and get the technologies you need to help you give your customers the value they seek. A good place to start is with Sarine Profile.


The Secret Messages Hiding Inside 17th Century Engagement Rings

By Ella Morton, Atlasobscura.com

Apart from being beautiful, diamonds really are absolutely fascinating. From the way they are mined, to what makes them shine and sparkle, there is a wealth of information, history, controversy and beauty behind every diamond story. So it is with absolute fascination that we stumbled across this atlasobscura.com (aptly named) feature by Ella Morton, “The Secret Messages Hiding Inside 17th Century Engagement Rings.” As Morton says, the messages make the modern diamond ring look rather boring.


Diamond Traceability Extended up to Jewellery by Belgo-Swiss Diamantaire with Hauthentic


Now thanks to Antwerp-born diamantaire Raoul Beck and his new jewelry brand Hauthentic, every jewel will reveal the individual history of their own central diamond. The traceability of diamonds has only ever been guaranteed by the Kimberley Process, for rough diamonds only. But now with Hauthentic this will also be extended to cut diamonds set in jewellery. Beck will document all steps and stops travelled by each of their diamonds. From the rough gemstone in its country of origin, through the craftsmen who cut and polished it, and until its setting into jewellery, this distinctive journey is accurately recounted in the Diamond Passport. Read more about the passport and the new process Beck will take to authenticate the diamonds in their jewelry.


Tiny Diamonds Could Enable Huge Advances in Nanotechnology

By Matthew Wright, UMDrightnow.com

The science behind diamonds and what you can do with them is still developing and evolving. Take for example this recently published article on UMDrightnow.com. It talks about how nanomaterials have the potential to help us improve many next-generation technologies. They promise to speed up computer chips, increase the resolution of medical imaging devices and make electronics more energy efficient. But imbuing nanomaterials with the right properties can be time consuming and costly. And now a new, quick and inexpensive method for constructing diamond-based hybrid nanomaterials in bulk could launch the field from research to applications.


Beyond De Beers: Will The Diamond Really Be Forever?

By Rachelle Bergstein, Signature-reads.com

With many years of industry experience and research for her book, “Brilliance and Fire: A Biography of Diamonds,” many people have asked author Rachelle Bergstein why people are still buying diamonds. She thinks it’s a reasonable question and goes on to talk about the history, industry, and – more often than not – controversy surrounding diamonds, and postulates on why she thinks people still want them and love them. This makes a fascinating and insightful read.

Lucara Diamond












Picture as shown in this article on Reuters.com

DIAMOND OF THE WEEK: Everyone is talking about the Lucara Diamond which failed to sell this week at a Sotheby’s auction. It is said to be the biggest uncut diamond to be found in over a century. You can read more about it here:

We hope you enjoyed this week’s SPECTRUM blog post, be sure to respond in the comments or tweet us @SarineTechltd or follow us on LinkedIn.

Inclusion of links to third-party websites does not constitute or imply endorsement.

Subscribe to the Diamond Blog

Get the latest technology, grading and retail news straight from the source, straight to your inbox.


The State of the Diamond Industry in 2019: Challenges & Opportunities

Today, the diamond industry is more complex and dynamic than ever, and technology has only deepened the challenges faced by industry players at every stage of the diamond pipeline. At Sarine, our technologies scanned more than 70 million diamonds in 2018, enabling us to take a broad consideration of the changes happening now in the […]

3 Retail Technologies & Trends that are Changing the Consumer Experience

Recent years have seen a spike in the number of retail stores that are closing down. In 2017, there was a record-setting estimate of approximately 102 million square feet of retail space that went out of business. Retailers worldwide are facing significant challenges, and the main culprit is the internet. We live in a world that […]

The Sarine Diamond Journey™ Provenance Report Goes to Africa

Recently, it was announced that a leading diamond manufacturer in Africa, Schachter & Namdar, has adopted the Sarine Diamond Journey™ provenance reports for its two exclusive diamond brands – Brilliant Rose and Proudly South African. This announcement comes at a time when diamond traceability and provenance are the fastest-growing issues in the diamond industry. Today, […]

5 Diamond & Jewelry Trends for 2019

We’re already well into the year, but 2019 is shaping up to be a bold one in diamonds and jewelry. Designers are pushing the envelope with new, creative styles, and reaching back to revive retro trends. Whether it’s a new fancy diamond shape, an engagement ring worn on the pinky, or a chunky chain of […]

SPECTRUM – Diamond Industry News #28

Love is in the air in this edition of SPECTRUM, Sarine’s monthly roundup of diamond industry news and trends. This week, we are celebrating Valentine’s Day with a great piece about how to choose the perfect engagement ring from Good Morning America, and a showcase of 15 gorgeous Valentine’s jewelry gifts, compiled by Business Insider. […]

The History and Future of Lab Grown Diamonds

In 2015, photographer Dillon Marsh undertook a fascinating project to demonstrate visually just how much natural diamond has been extracted from a diamond mine during its entire lifetime. In one dramatic example, a photo of the Kimberley mine in South Africa – also known as the “Big Hole” – is juxtaposed with a CGI rendered […]

The Importance of Diamond Provenance in a Data-Driven Age

In breaking the frontiers of the diamond industry, from manufacturing to retail, technology must strive to reach beyond what it can do today, to the potential of what it can achieve tomorrow. At the same time, technological development that brings true change must be in lock-step with the state of the industry at the current […]

3 Ways Artificial Intelligence Affects Your Life (That You May Not Be Aware Of)

What is “artificial intelligence”? Since the very beginnings of computerization, the concept of artificial intelligence has captured the imaginations of science fiction writers and movie makers. Today, fantasy is already reality, and artificial intelligence, or AI, is implemented in a wide range of everyday applications and devices. As the technology becomes more sophisticated, and as […]

How Technology Has Advanced the Diamond Industry: Sarine Celebrates 30 Years

This year, Sarine is launching celebrations for 30 years in the diamond technology business. When Sarine was established, in the late 1980s, technology in the diamond industry was in its very earliest stages. The kinds of technologies used today by diamond manufacturers and gem labs all over the world, such as inclusion mapping, automated rough […]

How Diamonds Are Produced

After the long natural formation process deep in the earth, the diamond is extracted from the mine in its rough, raw state, and begins on its next journey – to become a polished diamond.   From mine, to jewelry store, to the engagement ring finger of its eventual owner – every diamond undergoes a long […]