From birth to timeless legacy: The complete story of Argyle pink diamonds Posted April 22, 2021 | By Arabella Roden • Editor As the era of the Argyle Mine draws to a close, ARABELLA RODEN explores the compelling history and enduring legacy of the world’s premier source of pink diamonds.
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Chart source: Jeweller analysis, GIA, excludes Petite Suites and Pink Everlastings is no way to discuss the pink diamond category without the Argyle Mine. Discovered in 1979 and operational since the mid-1980s, the Rio Tinto owned-and-operated site – located 550km southwest of Darwin, in the remote Kimberley region of Western Australia – produced 90 to 95 per cent of the world’s pink and red diamonds before its closure in November 2020.
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A family run business since 1948, Oaks Jewelers is owned by father-daughter team of Jeff and Melissa Accornero, April 14, 2021 Photo: Pete Rosos
For 72 years, three generations of Accorneros have fixed watches, repaired jewelry and helped customers pick out their engagement and wedding rings at Oaks Jewelers, at 1783 Solano Ave. Henry Accornero and his half-brother, Bob Zavattaro, opened the store in 1948. At that time, the brothers also sold toasters, shavers, lighters, small appliances and silver pieces for wedding gifts in a shop half the size of the store today. Henry’s wife, Angie, later joined the team to work at the store and the couple eventually had four children.
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After two years of planning, Bailey’s Fine Jewelry has opened its first showroom in Los Angeles.
Trey Bailey, CEO of the North Carolina–based fine jeweler, announced the opening on April 15 on LinkedIn.
The new showroom, located at 607 S. Hill St. in downtown L.A., in the heart of the jewelry district, is an upstairs office space rather than a ground-level retail space. The showroom houses diamonds, gemstones, and custom jewelry as well as antique and vintage watches. Showroom access is by appointment only.
The decision to open the L.A. showroom was both professional and personal: There has been an increase in online sales from customers in California, to be sure, but the Bailey family also has connections in the area. “My wife and I met in Southern California and we love that area,” Bailey told the