Diamond Market News

5/04/2011
GCAL Concludes Acquisition of Gemprint and other IP Assets
New York City, NY (May 04, 2011)– The Palmieri Group, founder and owner of GCAL (Gem Certification & Assurance Lab, Inc.), is pleased to inform the International Diamond and Gemstone Community that we have concluded the complete acquisition of all the business and assets of Gemprint®, the world’s most sophisticated, non-invasive diamond identification and registration system. The cash purchase included all of Gemprints’ worldwide patents, trademarks, copyrights, as well as, developmental prototypes, advanced software, databases (1978 – present) and all other remaining intellectual property relating to the identification, light performance, and diamond grading business, formerly owned by Collectors Universe, Inc.
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Jan 13, 2011
GCAL Express Opens in World Diamond Tower at 580 Fifth Avenue
New York City, NY (Jan 13, 2011) – Gem Certification & Assurance Lab, Inc. (GCAL™) has opened a high-tech, state-of-the-art, Express Office in the Main Lobby of the World Diamond Tower (580 Fifth Avenue, New York, NY). This Express Office, GCAL’s second location in the building, was opened to provide more transparent and accessible “while you wait” diamond, gemstone, & jewelry services to the trade and consumers... (read more)

May 27, 2010
GCAL CELEBRATES 10 YEAR ANNIVERSARY IN LAS VEGAS
New York City, NY (May 27, 2010) – Gem Certification & Assurance Lab, Inc. (GCAL™) will be offering free metal test analyses using a Thermo Scientific Niton x-ray fluorescence (XRF) analyzer to registered buyers and exhibitors at two major trade shows held in Las Vegas from June 1-3 (CBG @ Caesar’s Palace) and June 4-7 (JCK @ Sand’s Convention Center)... (read more)

May 24, 2010
GCAL Expands ISO Scope
New York City, NY (May 24, 2010) – Gem Certification & Assurance Lab, Inc. (GCAL™) passed its third annual ISO 17025 Audit in April 2010, and has expanded its ISO Scope for certification of Fancy Color Diamonds and Precious Metal Analysis... (read more)

Jun 19, 2009
MSNBC Today's Money: 5 things to buy! (Jun 19, 2009)
MSNBC Today's Money: 5 things to buy! (Jun 19, 2009)

05/18/2009

GCAL's diamondprofile® Newsletter
(Spring 2009 Issue)

Welcome to the eighth edition of GCAL's Diamond Profile® Newsletter, covering a range of gemological topics, services, market information and new features on a timely basis.

01/21/2009
GCAL's diamondprofile® Newsletter
(Winter 2009 Issue)

Welcome to the seventh edition of GCAL's Diamond Profile® Newsletter, covering a range of gemological topics, services, market information and new features on a timely basis.

11/03/2008
GCAL's diamondprofile® Newsletter
(Nov/Dec 2008 Issue)

Welcome to the sixth edition of GCAL's Diamond Profile® Newsletter, covering a range of gemological topics, services, market information and new features on a timely basis.

4/24/2008
GCAL Earns ISO 17025:2005 Accreditation

New York (April 24, 2008)– After a rigid auditing period, Gem Certification and Assurance Lab (GCAL) was awarded ISO 17025:2005 accreditation, meaning that it conforms to recognized international standards for accurate and reliable grading. Specifically, this recognition means that GCAL's lab is rated among the most technically competent in the world.
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01/29/2008
GCAL Makes The Grade

Without a doubt, 2007 has seen many new initiatives from the Gem Certifiction and Assurance Lab (GCAL). Positioning itself as providing 'something extra' for both the trade and the consumer, this past year has been the lab's chance to make good on that promise.
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01/07/2008
GCAL eLearning Goes Live

GCAL's free eLearning provides an in-depth understanding of all of GCAL's added value, quality and security features. To register for eLearning, log on to www.gemfacts.com/elearning.
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12/14/2007
GCAL Pledges $50,000 to CIBJO Programmes, to Advance Jewellery Projects in Developing Countries

Milan, Italy (December 14, 2007) – The Gem Certification & Assurance Lab, Inc. (GCAL) of New York, has pledged a gift of $50,000 to CIBJO, the World Jewellery Confederation. GCAL is a subsidiary of Collectors Universe, a US-based provider of services to the collectibles and diamond and colored gemstone markets.
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10/31/2007
GEM Certification & Assurance Lab Parent Company CEO Delivers CIBJO/United Nations Speech

New York (October 31, 2007) – In a speech delivered on October 29, 2007, at the CIBJO meeting at the United Nations Headquarters in Geneva, Switzerland, Michael Haynes, Chief Executive Officer of Collectors Universe, Inc. (NASDAQ: CLCT), parent company of Gem Certification & Assurance Lab, Inc. (GCAL), stated that the luxury market for jewelry was capable of the economic support that could provide better employment and living conditions for workers in the countries producing materials used in jewelry.
Full Text of SpeechRead more...

10/28/2007
GCAL Launches Certified Diamond Exchange (CDE)

New York (October 28, 2007) - Gem Certification and Assurance Lab (GCAL) announces the launch of Certified Diamond Exchange (CDE), a free online diamond exchange where JBT-listed retailers, wholesalers and manufacturers can buy, sell and trade their inventory of GCAL certified diamonds.
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9/7/2007
GCAL Expands Role In Education Through Speaking Engagements and Presentations

In keeping with its mission to inform jewelers about the latest gem lab technologies and services available and stress the importance of integrity in diamond grading, Gem Certification & Assurance Lab (GCAL) has ramped up its visibility on the industry lecture circuit.
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7/26/2007
GCAL to Hold Clarity and Light Performance Demos at the JA New York Show, and Unveil New Electronic Diamond Grading Certificate System

GCAL will be conducting demonstrations for clarity and light performance in diamonds during the JA New York Summer Show. In addition, GCAL will test an innovative new Electronic Diamond Grading certificate that can serve as a sales trainer and a "silent salesperson".
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7/26/2007
AGL, GCAL to take high-profile role during JA New York with sponsorships, fundraising, demos, and educational programs

GCAL and AGL have continued to heighten their presence by positioning themselves at the forefront of the activities associated with the JA New York Summer Show (July 29 - August 1, 2007).
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7/24/2007
GCAL, AGL to sponsor New York State Jewelers Association Annual Awards Dinner

AGL and GCAL are Platinum Level Sponsors of this year's New York State Jewelers Association (NYSJA) Annual Awards Dinner, to be held on July 28, at the Mandarin Oriental Hotel in New York City.
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6/21/2007
New Jersey Jeweler Wins "Dream Team" Store Makeover From AGL/GCAL

The "Dream Team" of luxury retail experts was organized by AGL and GCAL as part of a week-long promotion at the Couture Show in Las Vegas from May 29-June4, 2007, in order to demonstrate that luxury retail jewelers had all of the tools necessary to neutralize any perceived advantages of other luxury goods retailers.
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6/20/2007
GCAL's Howard Pomerantz named roving Ambassador for WFDB by World Federation of Diamond Bourses

As Roving Ambassador, Mr. Pomerantz will concentrate on developing and presenting an Associate Membership program during an upcoming international tour of the 26 WFDB Bourses worldwide.
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5/25/2007
AGL, GCAL To Direct Program at Couture Providing New Research on Targeting Affluents

The invitation-only event, "Tuesday at Two", will be held at the Wynn Las Vegas Resort. It will allow Retailers to network and explore how to better reach the elite affluent, with a presentation from a "Dream Team" of top consultants in the luxury jewelry market.
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5/25/2007
GCAL Sponsors WDC Welcome Cocktail Reception in Jerusalem; Guest of Honor Shimon Peres Stirs Hearts, Hope with Speech

GCAL was proud to sponsor the opening of the WDC in Jerusalem. It was a special night attended by distinguished diamontaries, and capped off with a phenomenally inspirational speech from Shimon Peres that left all in attendance spellbound and uplifted.
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5/23/2007
VisionCut and GCAL to Sponsor Las Vegas Party to Promote an Episode of "Gene Simmons Family Jewels"

5/23/2007
VisionCut LLC, creator of the Cushette Diamond, is partnering with Gem Certification & Assurance Lab (GCAL) to sponsor a party during the JCK Las Vegas Show to promote a prominent role in an upcoming episode of A&E Network's hit reality series Gene Simmons Family Jewels that utilizes a Cushette Diamond.
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5/22/2007
Diamond Market Veteran Howard Pomerantz Joins GCAL As Executive Vice President

Howard Pomerantz has joined the company as Executive Vice President. Pomerantz will work closely with GCAL President Don Palmieri in executing business strategy to continue the growth of the company in the diamond authentication and grading business.
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5/15/2007
AGL & GCAL Team Up with JFC For The Benefit Of Children In Need

AGL & GCAL team up with JFC for the benefit of children in need. Five chances to win great prizes at the Vegas events. Join AGL & GCAL in this fundraising effort.
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5/2/2007
GCAL to Sponsor WDC Annual Meeting in Jerusalem

GCAL has announced its sponsorship of the WDC’s Fifth Annual Meeting, to be held May 9-10, at the David Citadel Hotel in Jerusalem, Israel.
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3/28/2007
GCAL and AGL Agree with Malca-Amit to Use Worldwide Security Services for Submissions and Take-in Windows

GCAL and AGL have agreed with Malca-Amit USA, LLC to use the worldwide delivery system of Malca-Amit to enhance the international submission operations of these labs.
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3/27/2007
New GCAL Website with Video Tour, Verification and More

GCAL has released a new website with several important new features that will offer tremendous benefits to the jewelry trade.
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3/9/2007
GCAL Launches Zero Tolerance Consumer Grading Guarantee

The GCAL Consumer Guarantee provides cash back with zero tolerance for any difference in weight or quality rating. Basically, the retail consumer can now have a money back guarantee covering all the 4C's.
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2/23/2007
Simmons Jewelry Company Announces First Creation from its Green Initiative Collection

The Simmons Jewelry Company co-owners Russell Simmons and Kimora Lee Simmons, along with President Scott Rauch, announce the first creation from its new Green Initiative collection of conscious jewelry.
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2/21/2007
GCAL Unveils New Cut Grade Standards

GCAL announced the debut of a new cut grading system.
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2/15/2007
VNU CEO Summit Sponsors GCAL and AGL to Host Exclusive "Leadership Chat" with Keynoter Tom Peters

GCAL and AGL will host an exclusive Executive Session with Tom Peters and approximated 15 CEOs following his opening keynote address at the VNU Fine Jewelry CEO Summit on February 21 in Atlanta.
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2/1/2007
ICA, AGL and GCAL Announce Consumer Confidence Initiative

International Colored Gemstone Association (ICA) and American Gemological Laboratories (AGL) and Gem Certification & Assurance Lab (GCAL) announced an initiative to enter a partnership to brand third party verification.
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12/5/06
Black, Starr & Frost, and Gem Certification & Assurance Lab (GCAL) Sponsor Women in Entertainment Breakfast Honoring Meryl Streep

Black, Starr & Frost has teamed up with GCAL to honor Meryl Streep and her charity of choice, Equality Now, at The Hollywood Reporter’s annual Women in Entertainment breakfast on Tuesday, December 5.
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9/14/2006
Nancy Robey Joins Collectors Universe

Top luxury marketer Nancy Robey to join Collectors Universe as Chief Marketing Officer.
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8/21/2006
Collectors Universe Aquires AGL

Collectors Universe acquires American Gemological Laboratories (AGL) and enters the colored gemstone market for third party authentication and grading.
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5/15/2006
GCAL Launches New Service

Collectors Universe's diamond grading unit GCAL launches new service for Diamond Trading Company sightholders.
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4/20/2006
Northwest Territories Select GCAL

Collectors Universe's diamond grading unit GCAL selected by the government of the Northwest Territories to provide services for its diamond certification program.
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4/05/2006
GCAL Becomes Offical Grading Service for ESCADA

Collectors Universe diamond grading division GCAL now ffficial grading service for ESCADA Fine Jewelry in USA.
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2/28/2006
GCAL Selected by Cushette® Diamonds

Collectors Universe's diamond grading division GCAL selected as exclusive grading lab for Cushette® Diamonds.
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2/09/2006
GCAL Grows Marketing Team

Collectors Universe's diamond grading division GCAL adds top diamond branding consultant to marketing team.
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GCAL Newsletter

Spring 2009 Issue
Winter 2009 Issue
Nov/Dec 2008 Issue
Sep/Oct 2008 Issue
July/Aug 2008 Issue
May/Jun 2008 Issue
Mar/Apr 2008 Issue
Jan/Feb 2008 Issue

GCAL Videos

MSNBC Today's Money: 5 things to buy! (Jun 19, 2009)
MSNBC Today's Money: 5 things to buy! (Jun 19, 2009)

CIBJO 2007 Presentation by Don Palmieri
Screenshot of GCAL Lab Video Tour
View GCAL President Don Palmieri's presentation to CIBJO in 2007.

Video Tour of the GCAL Lab
Screenshot of GCAL Lab Video Tour
Join the GCAL staff on this video tour of the lab, covering inventory, Gemprint, clarity grading, color grading, flourescence, research, brilliance and symmetry, imaging, inscription, and quality assurance.