Posts tagged london diamond bourse

Pulling teeth has never been better

Dental refining is a service I didn’t think I’d get asked about. It all came about a few weeks ago in my BNI group. We have a dentist there and she asked me about wedding rings. Whilst we were talking I asked her who refines all the old teeth they pull out from patients, naturally I’m only interested in the ones filled with precious metals as it’s part of my industry too. She said that someone takes hers every few years and the yield wasn’t very high. I asked if she was ready to melt again and could she give me the opportunity to organise the melt for her to which she agreed. Needless to say she was delighted with more than double what the last company paid her out, and she has gone on to refer me to her colleagues in the practise and others in the industry who she knows. 

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As a result of this, I am now offering a service to dentists who would like to have their scrap metal refined. I concentrate on recovering gold, silver, platinum, palladium and other precious metals. I am based in London, so naturally I am looking for clients in this area, and I am happy to offer a collection service. A report will be given along with the money after the smelt and a fast service is guaranteed with a turnaround time of a few days at most. 

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So which dentist do you know who could benefit from my new service. Finding a company you can trust is very difficult in this day and age. As a jeweller, a member of the London Diamond Bourse and someone who has been brought up for the last 22 years in the industry, I understand how valuable integrity and trust is and it’s with this that I offer my services to everyone. Please do ask me for more details if you are interested and would like to arrange a trial service. You can reach me on the office number which is 020 7404 4022. Thank you. 

Lewis Malka is a recognized expert in making diamond rings as well as being a famous jeweller to the stars. All his blogs are his own opinions. He is a member of the London Diamond Bourse (LDB). You can follow him daily on Facebook and Twitter
If you would like any bespoke jewellery made, then please visit his website.

When I Grow Up I Want To Be A Jeweller

One of the most common questions I get asked, other than “Where did you get your good looks from?” is “Have you always wanted to be a jeweller?”

The short answer is no. However how I did become a jeweller and how this happened was a bit by chance. 

Traditionally most jewellers in Hatton Garden, the jewellery centre of the UK, are in the business because it has been in the family for a few generations. The tradition of bringing your children into your business is something which happened quiet a lot years ago. Not so much anymore. As in most industries, things are getting harder and harder.

My son at work with me in the London Diamond Bourse:

I was 16 years old when I was first introduced to the back end of the jewellery industry. A friend of my parents was a manufacturing jeweller, and wanted to know if I was interested in helping out for a few weeks in the summer holidays. I was intrigued by the offer and accepted. I was fascinated by what I saw. The attention to detail and the intricate work involved was mesmerising for me. Working with some of the most precious gemstones and metals on earth was something I wanted to do. My mind was set. This was for me. 

After 2 weeks of what can only be described as a great summer job, I looked into starting a course in jewellery making, and found one which was starting that term at Sir John Cass School of Arts. It was an apprenticeship course and they assisted in finding me work placement too. I loved it. Learning everything I could. From soldering to sawing, filing to buffing, polishing to setting, casting to bending. All my friends were doing A level exams and then off for a gap year. Not me. This was it. 

I was fortunate for the college to find me a guy called Laurence who, with his father, ran a wholesale company making 18ct and platinum ring mounts, as well as bespoke pieces by hand. I spent a total of 9 years with Laurence, the person I owe a lot to for my career path, then decided to move on and go on my own. 

Some shots of procedures used in making jewellery in my workshop:

In the year 2000 I founded and started Joseph Sterling Bespoke Jewellers, and focused my business on creating bespoke pieces for private clients. The best way, and in my opinion the only way, to do this is to create a network of people who can, and will, happily refer clients to me. I joined BNI and have been a member ever since. 

In 1999 I took a gemmology course and passed. Learnt so much that all it did was fill me with a desire to learn more. Diamonds are one of those things I am fascinated by. The fact that something so small has such beauty and lustre to command such a high price is extraordinary.

I joined the London Diamond Bourse in 2007 and a few years later was invited onto the board, and to this day I proudly sit as a board member as part of an 11 person strong committee. The fact that I have a say in the future of the diamond industry and can make suggestions to improve and evolve with society excites me. 

If you do have any jewellery ideas you would like made bespoke, then please do call for a consultation in our central London office and we would be glad to try and help you. Our details are on the main page of the Joseph Sterling website.

Lewis Malka is a recognized expert in making diamond rings as well as being a famous jeweller to the stars. All his blogs are his own opinions. He is a member of the London Diamond Bourse (LDB). You can follow him daily on Facebook and Twitter
If you would like any bespoke jewellery made, then please visit his website.

What are you doing with your cash?

Have you ever wondered why diamonds vary in price from shop to shop?

Since 1949, statistics have shown that diamonds are the only commodity that has increased year on year 15-20%. And in years of a recession, even more than that. Provided of course they are purchased at the right level, wholesale!

There have been years, when diamonds have been increasing in value by up to 40%. It is the only commodity that is not listed on the stock exchange. It is still very much an item that is ruled by big diamond house’s around the world. Most famously DeBeers who used to own and control more than 95% of the worlds diamonds. That has since been reduced to around the 35% mark.

It’s very much a supply and demand process with diamonds, and with emerging countries like India and China demanding huge amounts of diamonds each year for new found wealth, the demand is far exceeding the supply. Did you know there has to be around 250 tons of earth mined for each 1 carat commercial quality diamond found. 

Jewellery retailers are known to put huge mark-ups on their stock, and this is done for various reasons, and it’s an accepted part of the culture we live in. So buying an investment diamonds from a retailer would take many years to see any return on your investment. 

This is where Joseph Sterling are able to help. We offer a service that from as little as £2000,  you can open a diamond portfolio. I’m not talking about buying a share of a diamond, but actually owning and having the physical goods in your possession to marvel over whenever you want. As a member of the London Diamond Bourse, we have access to all the diamonds which come into the country before they are distributed to wholesalers, manufacturers and retailers, so logically we should be your wholesaler to come to.

Compare this to purchasing a luxury holiday, some Christian Louboutin shoes, or even putting your money in a savings account, and this will guarantee you a better return in years to come. And if you are looking at natural fancy colour diamonds, such as the ones in the ring above, your return could be even greater.

Lewis Malka is a recognized expert in making diamond rings as well as being a famous jeweller to the stars. All his blogs are his own opinions. He is a member of the London Diamond Bourse (LDB). You can follow him daily on Facebook and Twitter
If you would like any bespoke jewellery made, then please visit his website.

www.joseph-sterling.com | lewis@Joseph-sterling.com