Current Precious Metal Prices

Monday, January 24, 2011

Sterling Canyon Introduces Glenn Lehrer: Master Gem Carver

                                                       Wing form executed in gem (chalcedony)

Sterling Canyon would like to formally introduce you to Glenn Lehrer.  Mr. Lehrer is a gemstone cutter from California who carves brilliant shapes from ordinary gemstones.  He is more than a stone cutter or sculpture.  He is a refined artist who can take a small gemstone and create an extraordinary piece of art.  He is one of the first cutters to formally train in Europe and is one of the tops in his field, where he is recognized for fluid gemstone carvings and precisely faceted stones. A jewelry designer as well, Mr. Lehrer creates and sells custom designs at his Larkspur, Calif.-based retail store and studio. I reported on him a couple of days ago when auction house Bonhams and Butterfields announced in San Francisco that they will host a show featuring Mr. Lehrer and his work.  The show runs March 19.

Saturday, January 15, 2011

Colored Gemstones Popular in Engagement Rings

Sterling Canyon knows the beauty of colored gemstones.  You can't beat the shine and pop of a Citrine gemstone against a platinum band. Simply stunning in itself.  The popularity of these styles of jewelry is growing rapidly and becoming a big trend for 2011. This trend is due mostly from the popularity of television shows like Madmen.  Vintage styles are new again.  Pearl necklaces and colored gems are part of the trend.  According to preciousplatinum.com, in 2011, expect to see engagement rings with a variety of floral motifs inspired by the 1970s. Whether the design consists of “petals” surrounding  the center diamond, or the floral motif is part of the band, much of this intricate detailing can only be accomplished in platinum. This style is ideal for brides-to-be who prefer romantic looks.  Its good to be old again. Sterling Canyon has always offered classic designs because these styles never go out. They simply rest and come back.

Wednesday, January 5, 2011

China the Reason for Rise in Sterling Silver Pricing

Last week Sterling Canyon reported that the price of Sterling Silver, the stuff that your favorite necklaces and earrings are made of will be increasing in price.  It was disclosed that the reason for this increase, in addition to market speculators, is the increasing demand from China and India.  Shipments to these countries have increased by 25% over a year ago.  It is well known that these two countries have a large market for cheap low grade Sterling jewelry.  They wouldn't want to stab themselves in the foot by causing the increase in silver prices, thereby increasing the cost of their jewelry. Silver closed today at $30.50 per ounce.  A year ago it hovered around $17 per ounce.  Sterling Canyon continues to refuse jewelry made in China or India.  We prefer European and the United States craftsmen.  You should too.