2002 AGTA Tucson GemFair: The Leading Spring Tradeshow

SPRING 2002
N E W S L E T T E R O F T H E A M E R I C A N G E M T R A D E A S S O C I AT I O N
emFair is a unique experience that one cannot imagine unless you have attended the show. Many participants commented this year and years past that
GemFair is their “favorite show.” Attending the AGTA Tucson
GemFair for some attendees is like visiting an old friend. For
first-time exhibitors
and buyers,
GemFair is the
beginning of a
one-of-a-kind
camaraderie. This year’s GemFair brought faithful and new
attendees to shop the vast cases of loose gemstones and finished gemstone jewelry.
No doubt, the sluggish economy was
&
on
many minds in the gemstone indusum
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but the steady stream of buyers
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and
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SEE PAGE 4
some exhibitors might have harbored.
As the dominant Spring Tradeshow, AGTA took steps to build an
even stronger foundation for the future of GemFair.
“We made a commitment to promote the show more effectively and were very pleased with the attendance numbers this year,”
Mary Lou Keen, AGTA Tradeshow Manager stated. “Electronically
G
2002 AGTA Tucson
GemFair: The Leading
Spring Tradeshow
Tucson Tanzanite Protocol
Restoring Confidence in Tanzanite
he jewelry industry has been proactive in dealing with the
tanzanite situation. Groups involved in all aspects of the tanzanite trade today announced concrete steps to protect the
legitimacy of the supply chain
and to restore confidence in
the gemstone. The announcement came as a spokesman for
the U.S. Department of State
said there is no evidence that
al Qaeda or any other terrorist
group is currently using tanzanThe Tanzanite Task Force.
ite to finance terrorism. The
Tucson Tanzanite Protocol announced on February 9, 2002, is the
product of a cooperative effort by the government of Tanzania and
T
(continued on page 8)
scanned attendance at the
tradeshow registered 8,450 verified buyers
compared to 8,833 buyers who attended in 2001.”
Todd Wolleman, AGTA Shows Committee Co-Chairman commented, “We are extremely pleased with the attendance at the
2002 AGTA GemFair Tucson. Buyers were extremely qualified
and made strong purchases at the show. We enter 2002 ready to
(continued on back page)
O N L I N E
E D U C A T I O N
AGTA Online Education
he AGTA is excited to
present the Online
Education Center. The
AGTA is presenting jewelry
professionals a convenient
and affordable way to gain
valuable information about
the basics of the industry
through an interactive, online
education curriculum.
The comprehensive online courses allow entry-level employees as well as mid-level employees to review the course materials. The next step is to complete a simple test and receive a
T
(continued on page 11)
Notes from the
Executive Director
hile most people count the
first of January as the
beginning of their new
year, the de facto beginning of the year
at the AGTA office in Dallas is the first
week in February when we kick off the
annual Tucson GemFair. Like many
of you this year, after what was admittedly a difficult fourth quarter for 2001,
we were at best cautiously optimistic
for the success of the show. Much to
Douglas K. Hucker,
our delight, our attendance was very
AGTA Executive Director
strong and the buyers who did make the
pilgrimage to Tucson were upbeat and prepared to do business.
Eight thousand four hundred and fifty buyers made an appearance this
year (compared to 8,833 in 2001, a 4% decline), and most of our
exhibitors expressed positive comments on the spending of those buyers
who did attend. Another highlight of the Tucson GemFair was the successful international gathering for the Tanzanite Summit, where over 60 of the
industry’s leading merchants in Tanzanite met with governmental officials
from Tanzania and the United States to craft the Tucson Tanzanite
Protocol. The Protocol, discussed in detail elsewhere in this newsletter, is
an industry wide proactive strategy for restoring trade and consumer confidence in this beautiful gemstone.
In keeping with our plan of careful and measured growth in Tucson, we
were able to add over 30 booths to the show in the Arena area, which
included new gemstone dealers, manufacturers and designers. The AGTA
GTC Portable Lab Facility was again a big hit for both exhibitors and
buyers, and thanks to GTC Director Ken Scarratt’s work prior to the
GemFair, we were able to alert both buyers and sellers of the concern over
the new processes being used to treat sapphires to pinkish orange and
orange colors.
As is also a tradition in February, at our Board of Directors meeting
which follows the show, we say farewell to those Board members whose
terms have expired and welcome the new Directors and Officers who have
been elected by our members vote in January. This year, in response to
suggestions we received from the members, the Nominating Committee
submitted two choices each in the position of Secretary and Vice President.
Roland Naftule and Robert Linder respectively joined the Board in those
positions. New directors include Barbara Lawrence, Ashok Sancheti and
Allen Kleiman. Stepping down from the Board are Bill Barker and Eric
Braunwart, who served the AGTA for16 years.
In all, the GemFair continues to be the highlight event of the year for
people who love natural colored gemstones and cultured pearls. Our members should be proud of the fact that our show boasts far more buyers per
exhibitor than any other show in the industry and is recognized internationally as the premier marketplace for color.
W
Fresh Look for
the AGTA Website
olor your world with Gemstones! Build your Gemstone
wardrobe! Come visit AGTA’s website and discover AGTA’s
history, Code of Ethics, Tradeshow dates, Breaking News,
Tucson Tanzanite Protocol, Colored Gemstone Information,
Membership Benefits, AGTA Gemological Testing Center,
Spectrum and Cutting Edge Awards, Online Education, along with
a featured Gemstone of the month and so much more.
The site offers extensive coverage of the Spectrum and Cutting
Edge Awards, along with a detailed description of each piece and
a photo of the winning creations. All new information
regarding the 2003 Spectrum
and Cutting Edge Awards
will be posted as soon as
dates and deadlines are
available.
Access information on
Tanzanite and the Tucson
Tanzanite Protocol as well
as photos of the Tanzania
delegates and Task Force
in Tucson. See the latest
updates and registration information on AGTA
Tradeshows. Find out how to take Online Educational courses.
Dress up your wardrobe with the Colored Gemstones information
articles.
Learn how the AGTA GTC can help you sell gemstones and benefits they can offer your consumers. Get information on Friends
of the AGTA GTC and the Baker’s Dozen Program.
AGTA’s website is also security conscious and some information
on the website is protected by TradelockTM. TradeLock Password
Protection is a universal password protection system for jewelry
industry websites. TradeLock provides a convenient way to ensure
that only verified members of the trade are allowed access. For
members of the jewelry industry, a single TradeLock ID (available
free of charge) provides access to hundreds of trade-restricted
jewelry industry sites, including: American Gem Trade Association
Diamond Promotion Service, Jewelers of America, MJSA, Polygon
and many others.
You may request a TradeLock ID online via the AGTA’s website.
To qualify for an ID, you must be a principal, employee, or agent
of a duly-constituted business entity operating in the jewelry
industry. If your company is located in the United States, status
will be verified via Jeweler’s Board of Trade ( JBT), association
membership and other industry directories.
C
(continued on page 7)
2
AGTA Gemological Testing Center
The World’s Premier Colored Gemstone Lab
For Information On The AGTA Gemological Testing Center Call 212-752-1717 • www.agta.org
AGTA and GIA Researchers
meet with Thai Treaters
in Bangkok
GTA Gemological Testing Center Director Ken
Scarratt, recently attended meetings in Bangkok
sponsored by the Thai Gem & Jewellery Traders
Association. Following the special general
meeting held on February 28th, he and GIA
Gem Trade Laboratory researchers Tom
Moses and Shane McClure were invited to
private meetings with the principals of several heating facilities. In conjunction with these
meetings, prominent Thai treaters donated
dozens of samples to AGTA, GIA and other
research laboratories. These samples included the pinkish orange to orangy red corundums that have been treated by the new
process.
Ranges of other colors were provided as well. The treaters also
supplied valuable information and arranged access to local heating
facilities. The results of these meetings represent a welcome level
of cooperation between the treatment principals and the
gemological research community. With these and other
samples of the material (both before and after treatment),
obtained recently, AGTA and GIA are continuing to research
this treatment process with both standard gemological and
advanced analytical techniques. For more information go to
http://www.agta.org/consumer/news/
20020225corundumtreat.htm.
he JCK Industry Fund and Jewelers Mutual Insurance Co.
awarded American Gem Trade Association’s Gemological
Testing Center grants for examining the effects of radiation
on gemstones and pearls. There was an urgent need for expedited
research and funding due to the introduction of irradiation procedures to prevent
anthrax infections
through the mail.
Both the JCK
Industry Fund and
Jewelers Mutual
Insurance Co.
acted swiftly in awarding grants. The JCK Industry Fund awarded
$50,000 and Jewelers Mutual Insurance Co. donated $13,500 for
research and testing.
In the last quarter of 2002, the United States Postal Service and its
mail recipients were subjected to an influx of letters laced with
anthrax effecting nationwide mail service. To protect its employees
& customers against potentially lethal bacterial attacks in the future,
the U.S. Postal Service acquired irradiation equipment such as the
TB-10/15 systems. This equipment was used by Titan Scan
Technologies to irradiate the mail in an effort to sanitize any bacteria. These types of machines are currently used in some of the U.S.
Postal Service facilities throughout the United States and their use
will be more prolific over
the next few years.
The machines, which
were designed, for sanitizing packages for the medical community, use an
integrated electron beam,
measured in kiloGrays
(kGy). The typical
dosage, which may fluctuate between equipment manufacturers and generally only slightly for
a single machine, is known to have a substantial effect on some
gemstones and pearls. The AGTA GTC with the assistance of several
members, friends and insurance companies, collected four hundred
and forty-four (444) gemstones and pearls in matched pairs and
groupings. These were collected to study the potential effects of
sending assorted gemstones/pearls through a U.S. Postal facility
using the electron beam irradiation to sanitize mail. A change in
color was the most obvious effect of the irradiation on many of the
gemstones & pearls (even after only one run). The data on the irradiated gemstones is still being collected and evaluated with a more
detailed report to come out soon. It should be noted that all of the
irradiated gemstones/pearls were found to have no or negligible
residual radioactivity.
A
T
JCK Industry Fund
and Jewelers Mutual
Insurance Co. Award
Grants to AGTA GTC
3
2002 AGTA
Spectrum & Cutting Edge
Award Winners
Spectrum
Best of Show
Cutting Edge
Best of Show
Gregory Morin
Silverhorn
Spectrum
Best Use of Color
Alan Friedman
Alan Friedman Company
Philip Youngman
Spectrum Evening Division
First Place
Saho Kinoshita
Second Place
Third Place
Larry Sieger
Bradley D. Weber
LS Hancock
Weber Goldsmith
Design Studio
Gallery
Honorable
Mention
Alex Soldier
Alex Soldier
Designs
Manufacturing
Honors
Scott Hodson
Hodson Jewelry
Galleries
4
Platinum
Honors
Apichart
Warrachart
Platinum
Honors
Holly K. Croft
Holly K. Croft
Designs
Platinum
Honors
Rick Basta
E. Eichberg, Inc.
Platinum
Honors
William Richey
William Richey
Designs
Spectrum Business Division
First Place
Paul Derrickson
The Jewelers Touch
Second Place
John Rippe
Opalesce
Third Place
Cornelis Hollander
Cornelis Hollander
Designs, Inc.
Honorable
Mention
Yaroslav Shukel
Aurora Studio
Manufacturing
Honors
Kim Koch
Kim Koch
Designs, LLC
Platinum
Honors
Walde Binder
Pebbles, Inc.
Platinum
Honors
Tom Weishar
Underwood’s
Jewelers
Platinum
Honors
Gary Dulac
Gary Dulac
Goldsmith
Spectrum Casual Division
First Place
Darius M. Brasky
Paul C. Lirot
Jewelers
Second Place
Brenda J.
Warburton
BJW Group dba
Austin Warburton
Third Place
Phillip B. Dismuke
Jewelsmith
Honorable
Mention
Linda Potichke
Linda Potchke
Jewelry Design
Platinum
Manufacturing
Honors
Honors
John Stephan
Mirjam Butz-Brown
Garfolo
Mirjam
Butz-Brown Designs
Stephan-Hill
Jewelry Designs
Platinum
Honors
Peter Lees
PJL Designs
Platinum
Honors
Dana Richardson
Spectrum Gems, Inc.
Spectrum Bridal Division
Platinum
Platinum
First Place
Second Place
Third Place Manufacturing
Honors
Honors
Honors
Robert Ackermann Mark Schneider Burdett A. Milkins
Robert Pelliccia
Mark Schneider
Mark Schneider Co. BAM Designs by Ronald Davidson
Robert
Ackermann, Inc.
Burdett A. Milkins Davidson Designs Mark Schneider Co. JR Dunn Jewelers
Platinum
Honors
Taft Atkins
Justice Jewelers
Platinum
Honors
Yaroslav Shukel
Aurora Studio
Spectrum Men’s Division
First Place
Phil Delano
Delano Designs
Second Place
Mark Schneider
Mark Schneider Co.
Third Place
David Trout
Coffin & Trout
Platinum
Honors
Cynthia Renee’
Cynthia Renee’ Co.
Manufacturing
Honors
Jane Wullbrandt
Joseph M. Menzie, Inc.
5
Platinum
Honors
Kay Knight
Custom Creative
Jewelers
Platinum
Honors
Mark Schneider
Mark Schneider Co.
Cutting Edge Awards
A Classic
B Faceting
C Carving
E Pairs & Suites
F Objects of Art
First Place
Jeffrey Bilgore
Oscar Heyman & Brothers
First Place
John A. Rhoads
D&J Rare Gems, LTD
First Place
Don Buford
Dust Devil Mining Co.
First Place
Philip Youngman
First Place
Dalan J. Hargrave
Hargrave Manufacturing
Second Place
Ray Zajicek
Equatorian Imports
Second Place
John D. Dyer
Precious Gemstones Co.
Second Place
Krista L. McMillan
Krista L. McMillan
Gemstone Carvings
Second Place
Meg Berry
Pala International
Second Place
Angela Conty
Angela Conty Designs
Honorable
Mention
Jeffrey Krasner
Ballerina Gem Co.
Third Place
Robert Chaplin
Robert Chaplin B.F.A.
D Combination
Third Place
Allen Kleiman
Allen Kleiman Co.
Third Place
John A. Rhoads
D&J Rare Gems, LTD
Honorable
Mention
David A. Brackna
David A. Brackna
Gemcutter
First Place
Soosai Prosper
Byrex Gems Inc.
Second Place
Thomas A. Trozzo
Trozzo
6
We encourage you to be a
part of the prestigious 2003
Spectrum and Cutting Edge
Awards and imagine your
winning design on these
pages next year. For more
information on the 2003 Spectrum and Cutting
Edge Awards Entry Form please contact the
AGTA at 800-972-1162 or visit www.agta.org
Executive Notes
groundbreaking cooperative effort with the GIA, Gubelin and SSEF
laboratories to unify the report language dealing with these gemstones.
In all of the consumer and industry research we have done, one
theme continues to emerge as critical to success with colored gemstones and that is the importance of product knowledge.
Customers have repeatedly confirmed that they will make their purchases where they get straightforward and concise answers to their
questions about gemstones. This year the AGTA has introduced the
first Online Educational Course titled “Selling Colored
Gemstones-the Basics.” The course is a short online course
designed to get entry-level employees familiar with colored gemstones and successful techniques to sell them. The course, available from our website will also be distributed to over 40,000 people this
year through a cooperative program
with Stuller, Inc. Another exciting educational addition this year was the
introduction of the AGTA
Gemological Testing Center
Educational Outreach program.
This educational series of seminars
will be taught by Ken Scarratt and
include advanced gemological studies
on enhancements in ruby, sapphire
and emerald; determination of origin
in ruby and sapphire; how determination of artificial coloration in diamond
is done in the laboratory; identification of natural and cultured pearls
and their enhancements and much
more. The courses, which debuted at
the Tucson GemFair, will be taught in
New York and selected cities across
the United States. Check our website
at www.agta.org for schedule information and fees for the classes.
Our promotional efforts continue to make progress with the success of our monthly news/press releases on natural colored gemstones. The stories, produced monthly, are sent to over 3,500 websites, databases, and online services as well as to every consumer
publication, including both magazines and newspapers. It was very
gratifying to see our first article, which featured colored gemstone
fashion trends and our Spectrum Awards winners, show up in the
general news section of the Dallas Morning News! Please look for
these articles in your own local media and you can see them on our
website at www.agta.org
We are also very pleased with the joint venture we have begun
(continued from page 2)
Our new Source Directory debuted at the GemFair, listing over
700 members, their services and their products. Alongside the traditional hard copy, which this year exceeded 300 pages, we distributed a CD copy of the new Electronic Source Directory. This
new CD can be installed on the hard drive of your customer’s computer and gives them instant access to the companies and services
listed. Even better, it allows them to search at processor speed
without waiting for the slower download times typically encountered with online materials. The Electronic Source Directory allows
your customer to send you email, connect to your website, read
your ads and brochures, and constantly update their computer with
your latest information and products
with just the touch of a button. You
should all be receiving your new
Source Directory in the mail soon,
and with it you will receive the CDROM you need to install your new
Electronic Source Directory. If you
prefer, you can visit our website,
www.agta.org and download the
Electronic Source Directory from
there.
The AGTA Gemological Testing
Center has constantly been the focus
of industry news this year as the result
of Ken Scarratt and his staff and their
tireless work producing reports, as
well as staying abreast of the many
developments on the gemological
front. Thanks to our timely investigation into the use of irradiation by the
US Postal Service and its effect on
gemstones, the lab was awarded two
generous research grants. These
grants, $13,500 from Jewelers Mutual Insurance Company, and
$50,000 from the JCK Industry Fund, will enable the GTC to complete this very detailed study into the effects that irradiation will
have on our products that are shipped through the mail. I would
like to express our sincerest appreciation to these two benefactors
for their support.
The GTC was also on the front lines earlier this year in bringing to
light the new treatment processes that are being used to produce
orange and pinkish orange treated sapphires. These controversial
new processes and the stunning gemstone colors they produce
have been the focus of considerable industry debate recently. The
GTC has worked in tandem with the GIA Gem Trade Laboratory to
investigate the source and nature of the gems, and has established a
(continued on page 10)
7
Tanzanite Protocol
(continued from page 1)
all of the major industry stakeholders, including miners, dealers,
manufacturers, suppliers and retail jewelers. It was crafted with the
endorsement of the U.S. Department of State. Those stakeholders
met in Tucson, in connection with the GemFair of the American Gem
Trade Association, to finalize the details.
The protocol provides for a cooperative effort among governments
and industry to strengthen controls in Tanzania and for a system of
downstream warranties for all traders who buy, sell, cut, polish, set or
otherwise trade in this gemstone.
Its purpose is to ensure legitimacy at all levels of the supply chain.
It also endorses long-term planning to promote greater economic
development of all aspects of the gemstone trade in Tanzania.
The Government of Tanzania, the American Gem Trade
Association, the Tanzania Mineral Dealers Association, the Arusha
Regional Miners Association, the Tanzanian Chamber of Mines, the
Jewelers of America, the Jewelers Vigilance Committee, the American
Gem Society, the Manufacturing Jewelers and Suppliers of America,
the International Color Stone Association, the Jewelers Association of
Jaipur, and the Indian Diamond and Colorstone Association, all trade
associations representing the full international scope of tanzanite
miners, gemstone dealers, manufacturers, suppliers and the retail
jewelry industry in the United States, which accounts for 80% of the
world market for tanzanite, met and agreed to the following:
The Tanzanite Task Force and Tanzanian Delegates.
Recognizing that:
◆ While it is now confirmed that there is no evidence to support
allegations of an ongoing connection between the tanzanite trade
and smuggling to support terrorism, we abhor the mere possibility of
such a link and believe that recently published allegations warrant
action to restore confidence in tanzanite;
◆ The tanzanite trade provides widespread economic benefit to
many people in Tanzania and elsewhere, and promises increased economic benefits to all in the international community who mine,
trade, cut, polish, set and sell tanzanite;
◆ The government of Tanzania has taken and continues to take
significant steps to safeguard this gemstone by licensing both those
who mine it at the source and those who trade within Tanzania, and
by designating what is currently the sole tanzanite deposit as a controlled access area in order to ensure the integrity of the legitimate
sources of tanzanite and realize the economic benefits of the internal
trade within Tanzania; and
◆ A cooperative effort is needed to provide assistance to all of the
countries and persons involved in this trade through a shared
approach to improve transparency and accountability in the supply
chain, thereby providing the widest possible protection of the legitimate stream of commerce in this gemstone; the above named gov8
ernments and associations commit, with the endorsement of the U.S.
Department of State, to the following concrete first steps to institute
a practical and effective means to eliminate concerns about the tanzanite trade, its alleged connection to funding terrorism, and to
restore confidence in tanzanite:
1. A detailed ongoing analysis of the market chain for
tanzanite to determine what improvements can be made
to prevent possible abuses in the manner in which this
product is brought to market;
2. A cooperative effort among governments and industry
to strengthen and maintain a system of oversight, control
and law enforcement for the movement of tanzanite from
the mines to the point of first export in order to protect
the legitimacy of the trade;
3. A system of warranties, in cooperation with the
government of Tanzania, provided in writing and used by first
exporters and all those in the downstream chain of commerce,
which will state that the tanzanite bought, sold, cut, polished,
set or otherwise traded came from legitimate sources;
4. Implementing the Tanzanian government’s new plan
to establish Export Processing Zones (EPZs) which
anticipates the inclusion of the tanzanite industry in
the EPZ scheme as a priority;
5. All subsequent traders after first export should only
accept tanzanite that is accompanied by the appropriate
written warranty; and
6. Sellers of tanzanite, or jewelry containing tanzanite,
should require the appropriate written warranty from
their suppliers.
Instituting these steps will provide the basis for consumer assurance needed for this gemstone. Moreover, we believe that long-term
planning to promote greater economic development of all aspects of
the gemstone trade in Tanzania will have the added benefit of
encouraging the integrity of the trade. Therefore, we will implement
the concrete steps outlined above and participate in long-term planning for economic development along with international agencies
and Tanzanian representatives.
AGTA Audited Financial Report
Fiscal Year Ending May 31, 2001 - The financial reports below
are the audited figures for the fiscal year June 1, 2000 through May
31, 2001. An expanded Annual Report will accompany the financial
report for the 2001-2002 fiscal year and will be published in the Fall
2002 issue of Prism, which is the first newsletter following the close
of our fiscal year. This audited financial report will be an annual feature in our newsletter. If you have any questions about the report or
the financial condition of the AGTA please contact the Dallas office.
Statement of Revenue & Expenses - Fiscal Year End May 31, 2001
REVENUE
AUDITED
2001
Dues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $288,060
Promotional Activities . . . . . . . . . . . . . . . . . . . . . . . . . $69,561
Trade Shows . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $2,722,745
Gem Testing Fees . . . . . . . . . . . . . . . . . . . . . . . . . . . $579,827
Lab Donations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $46,000
Investment and Other Income . . . . . . . . . . . . . . . . . . $36,595
Insurance Reimbursement . . . . . . . . . . . . . . . . . . . . . . . . . $0
Total Revenue
$3,742,788
EXPENSES
Administrative and Member Services . . . . . . . . . . . . $752,494
GTC Lab Administrative . . . . . . . . . . . . . . . . . . . . . . $754,674
Promotional Activities . . . . . . . . . . . . . . . . . . . . . . . . $231,242
Trade Shows . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,852,732
Depreciation and Amortization . . . . . . . . . . . . . . . . . . $89,067
Total Expenses . . . . . . . . . . . . . . . . . . . . . . . . . $3,680,209
Increase In Net Assets . . . . . . . . . . . . . . . . . . . . . . $62,579
Net Assets, Beginning of Year . . . . . . . . . . . . . . . $803,795
Net Assets, End of Year . . . . . . . . . . . . . . . . . . . . . $866,374
Investment and
Other Income
1%
Lab Donations
1%
Gem Testing Fees
15%
Insurance Reimbursement
0%
Dues
8%
Promotional Activities
2%
Trade Shows
73%
Revenue
Depreciation and
Amortization
2%
Trade Shows
51%
Administrative and
Member Services
20%
GTC Lab
Administrative
21%
Expenses
Promotional Activities
6%
Statement of Financial Position - Fiscal Year End May 31, 2001
ASSETS
AUDITED
Current Assets
2001
Cash and cash equivalents . . . . . . . . . . . . . . . . . . . . $353,527
Investments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $473,000
Receivables:
Trade . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,091,000
Donations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $0
Total Current Assets . . . . . . . . . . . . . . . . . . . . $1,917,527
Net property and equipment . . . . . . . . . . . . . . . $409,598
Other assets
(promotional material and prepaid rent) . . . . . $188,448
$2,515,573
LIABILITIES AND NET ASSETS
Current Liabilities
Checks issues against future deposits . . . . . . . . . . . . . . . . . $0
Accounts payable and accrued expenses . . . . . . . . . . $92,031
Deferred revenue . . . . . . . . . . . . . . . . . . . . . . . . . . $1,520,719
Notes payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $36,449
Total Current Liabilities . . . . . . . . . . . . . . . . . $1,649,199
Net Assets
Unrestricted . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $851,869
Temporarily restricted . . . . . . . . . . . . . . . . . . . . . . . . . $14,505
$866,374
$2,515,573
9
New for 2002!
“Scratch and Win” Tickets
cratch and Win tickets are an affordable and very effective
promotional item designed to help drive traffic to your
booth at JCK GemFair. This is something new that buyers
haven’t seen at other shows. Mail tickets to your customers
encouraging them to stop by your booth. The buyer simply brings
the ticket to your booth, scratches the ticket and discovers if they
have won $100 off a purchase.
S
Direct Mail Address Labels
or Direct Mailing List
Pre-show marketing is an excellent way to increase booth traffic.
Targeted mailing lists are essential for pre-show marketing. AGTA
gives you two choices: purchase the entire list of buyer companies who attended the 2002 GemFair Tucson or purchase
a custom list which targets your customer by business
category and/or by state.
Let your customers know where you will be at JCK GemFair
in Las Vegas and increase your presence at the show!
Entire list .................................................................................... $225
Custom List/Each 1,000 Names ................................................ $100
Minimum charge........................................................................ $100
Basic Package
500 non-winning tickets +1 winning ticket ........................... $125
You must provide $100 discount(s) for winning tickets presented
at your booth.
Additional Tickets
Additional winning tickets may be purchased
separately. If you would like more opportunities
for winners, additional winning tickets are
available for .......................................................................... $.50 each
Executive Notes
(continued from page 7)
The following are
the new incoming
AGTA Board of
Directors for 2002
with AJM Magazine to feature a different gemstone each month in
their new Gem File article. The one page feature includes general
information about a selected gemstone as well as hints to both manufacturers and sales associates. Our first three featured gemstones
were Peridot, Amethyst and Pink Tourmaline. Look for Sapphire
next month to be followed by Emerald. AJM Magazine is offering
specially priced advertising opportunities to our members in conjunction with the monthly feature. If you have further inquiries contact Shawn Bush with AJM at (818) 507-8188.
This month we have included a copy of our Audited Financial
Reports for the last fiscal year that ended May 31, 2001. We have
had numerous requests from the members to include this information in a communication to the entire membership. We will feature
this annually in the Fall Prism, which comes out in September, the
first newsletter after the close of the fiscal year. As a reminder, the
information included in this newsletter, along with a wealth of general information about the activities of the association, can be viewed
on our AGTA Website at www.agta.org. If you haven’t visited the
website lately you will find a wealth of information you need as a
member, including details of upcoming tradeshows, copies of current press releases, NewsFlashes and Prism newsletters. Also listed
Robert Linder . . . . . . . . . . . . . . . . . . . . . . . Vice President
Roland Naftule . . . . . . . . . . . . . . . . . . . . . . Secretary
Jeff Bilgore . . . . . . . . . . . . . . . . . . . . . . . . . Director
Allen Kleiman . . . . . . . . . . . . . . . . . . . . . . . Director
Barbara Lawrence . . . . . . . . . . . . . . . . . . . . Director
Ashok Sancheti . . . . . . . . . . . . . . . . . . . . . . Director
will be contact information for staff members and a list of Board of
Directors and their current Committee assignments. Some of this
information may be listed on the password-protected side of the
website so you will need your TradeLockTM password to access it. If
you do not yet have, a Tradelock password there is a link on our
website with instructions on the simple procedures to obtain one.
10
New AGTA Members
Source Directory on CD-ROM
he Source Directory is now available on CD-ROM, or
download the electronic file from www.agta.org. Whether
you install from the CD-ROM or download from the website the program places the AGTA icon on your desktop for easy
access. This download stays on your hard drive providing you with
current AGTA member
information 24 hours a
day, 7 days a week. The
electronic directory will
update quarterly and
you can individually
control how often you
want to update your
guide.
With the electronic
file, you can access
the Source
Directory anytime,
anywhere without
being online. The
download also
allows access to
search for members,
suppliers or products, view a
member’s website, send an email or advertise products. Get
the most current directory information with the press of a button.
Prime advertising space is available year round on the Source
Directory. Do not miss this chance to get your business name to
hundreds of potential buyers or suppliers. Order your copy by calling (800) 972-1162 or download a copy from AGTA’s website.
T
Online Education
Firm Members
Affiliate Members (continued)
Artistic Colored Stones
Barbara Smigel
Las Vegas, NV
Onofrio D. Oro
Onofrio Demattia
New York, NY
Star Gems International
Raja Nekiwala
New York, NY
Signature Engraving Systems
Christopher A. Parent
Holyoke, Mass
Ron Ohm
Ron Ohm
Carmel, CA
Caligari Corp.
Randy Hays
Mountain View, CA
A.G. Color
Devendra Surana
New York, NY
Satco Casting Service
Steven Feld
New Hyde Park, NY
Affiliate Members
STS Jewels
Rajan Ramamurti
Long Island City, NY
House of Tiffany
Brett Baxley
Smyrna, GA
Raymond Mazza Inc.
Raymond Mazza
Brightwaters, NY
Was: The Stanton Company
Now: The Stanton Group
Los Angeles, CA
ARMS
Sherry Meyer
Henderson, NV
Was: Diamond Value Index
Now: Tenhagen Gemological Laboratory
Miami, FL
Behnam Jewelry
Rafi Behnam
New York, NY
Was: CynGem
Now: Original Cyn
Phoenix, AZ
Christen Some'
Nasib (Lucky) Thabet
Albuquerque, NM
Member of Record Changes
Connoisseur Collection
Sunny Aiya
Marietta, GA
Opalesce
John Rippe
Santa Fe, NM
certificate of completion at home or in their office. “We know jewelry professionals have enormous demands on their time,” says
Douglas K. Hucker, AGTA’s Executive Director. “By offering 24-hour
online education, we can help them save both time and money.”
The course is divided into easy-to-complete modules and users
can bookmark their progress, the participant can start, and stop at
their convenience. Upon completion of the final course test, participants will receive test results immediately. The online course is
approximately 50 minutes long and is available for $49.95. The
online educational courses can be viewed on AGTA’s website at
www.agta.org.
Jennifer Cary Designs
Jennifer Cary
Plano, TX
H & A Mountings
Harry Akopian
Los Angeles, CA
Ohaus Corporation
Alan M. Schoenfeld
Pine Brook, NJ
11
Company Name Changes
Bufkor, Inc.
Les Unger
Clearwater, FL
Imagine Designs
Rodney Hakimian
New York, NY
(continued from page 1)
American Gem Society
Robert Bridel
Las Vegas, NV
Was: Andre Assaf
Now: Daniel Assaf
Andre Assaf/The Tsavorite Factory
New York, NY
Was: Atul Gupta
Now: Dharmendra Hirawat
Anu Chirag Gems d/b/a Chirag Gems
New York, NY
Was: Ron Ohm
Now: Soraya Ohm
Exotic Stones
Pacific Grove, CA
Was: Gerry Manning
Now: Peggy Manning
MCM Gems
Middleton, OH
Student Affiliate
Lauren J. Hall
Scottsdale, AZ
John G. Cleary
Reno, NV
The World’s Premier Gemstone Event
For Information On GemFair Or Membership In AGTA Call 800-972-1162 • www.agta.org
2002 AGTA Tucson GemFair: The Leading Spring Tradeshow
(continued from page 1)
capitalize on new opportunities and look forward
to the 2003 AGTA GemFair Tucson.”
Special Events
The annual Coyote Classic Golf Tournament at
Rancho del Largo Golf Club, which benefits The
Special Olympics, was held again this year. The
Coyote Classic participants and guests have always
been generous and quick to
open their pocketbooks for a
worthy charity. Dallas Cowboy
Ed “Too Tall” Jones was on
hand as the honorary chairman. Many members donated
to The Special Olympics
before the GemFair and funds
collected for on-site exhibitor
badges were also donated.
The AGTA members also chose to honor the Tucson Fire
Department’s “Memorial Fund” raising almost $5,000. A Silent
Auction was held at the AGTA Products Booth with proceeds going
to the Tucson Fire Department. The event was a solid success that
garnered scores of spectators and bidders at the final hour. The
AGTA would like to extend a special recognition to all of you who
donated items for the auction.
Lastly, under the “Red, White and Blue” theme,
the Spectrum and Cutting Edge Award winners were
honored at the “standing room only” Awards
Banquet at the University Park Marriott Hotel. The
dinner also included the Platinum Guild
International (PGI) presentations and awards. The
evening spotlighted each designer and their original
creations. The winners represent the trendsetters
and innovators in the colored gemstone industry.
Participants enjoyed an evening of superb cuisine
and dancing into the night.
2002 - 2003 Show Dates
(Including AGTA Pavilions)
JCK / GemFair Las Vegas . . . . . . . . . . . . . . . . . May 31 - June 3, 2002
JA New York . . . . . . . . . . . . . . . . . . . . . . . . . . July 28 - 31, 2002
GemFair South / Atlanta / SJTA . . . . . . . . . . . . August 3 - 5, 2002
Professional Jeweler . . . . . . . . . . . . . . . . . . . . . October 6 - 8, 2002
Tucson GemFair . . . . . . . . . . . . . . . . . . . . . . . . February 5 - 10, 2003