Episode 71: Steven Kaiser, Recycled Gold, And JCK Las Vegas
The Jewelry District
JCK
4.9 • 50 Ratings
🗓️ 7 June 2022
⏱️ 25 minutes
🔗️ Recording | iTunes | RSS
🧾️ Download transcript
Summary
In This Episode
You’ll hear JCK editor-in-chief Victoria Gomelsky and news director Rob Bates discuss Steven Kaiser’s passing, the Oak collection watch event at London’s Design Museum, De Beers' blockchain platform, recycled gold, and the JCK Las Vegas show.
Show Notes
00:30 Victoria and Rob give their condolences to the family of Steven Kaiser.
05:25 Victoria recounts her visit to London’s Design Museum to see the Oak collection.
13:40 Rob explains De Beers' blockchain technology.
16:22 Rob is concerned with recycled gold and what the term actually means.
21:09 Victoria and Rob are excited for JCK Las Vegas!
Episode Credits
Hosts:Â Rob Bates and Victoria Gomelsky
Producer and engineer:Â Natalie Chomet
Plugs: jckonline.com, @jckmagazine
Show Recap
Steven Kaiser
Victoria and Rob give their condolences to the family of Steven Kaiser. The industry titan passed away a week before recording this podcast. He was feted at 24 Karat Weekend in March. He was a "connecter" and, as Rob reports, very good at smoothing things over. The jewelry industry mourns his passing, and he will be deeply missed at JCK Las Vegas this week.
The Oak Collection
Victoria was one of 65 journalists invited to London in late May to attend an event at the Design Museum. There, she saw the Oak (one-of-a-kind) collection. The Oak's owner, Patrick Getreide, has been collecting watches for 40 years. He has more than 600 of them (heavy on Patek Phillipe and Rolex), and 130 of them were on display for just one week. Victoria said the event felt like the gilded age of watches. Rob briefly mentions the Apple Watch and its effect on the watch industry.
De Beers' Blockchain
Rob talks about De Beers and its blockchain technology. Basically, Rob says, it’s a way to track diamonds through the chain in a trade-facing, rather than consumer-facing, manner. De Beers says it can trace all of its diamonds of 1 carat and above and believes it can scale this technology. Rob says this technology has been a long time coming, and De Beers has the most ambitious technology out of everyone trying their hand at it.
What Is Recycled Gold?
Rob recently wrote a story on recycled gold, and Victoria asks what prompted him to write it. Rob says he was recently part of a webinar about recycled gold, and it made him consider what recycled gold really is. As it turns out, there are many definitions if recycled gold—including the one the Federal Trade Commission uses: something that would otherwise go in the trash. The problem is, gold isn’t thrown out. Rob talks about why labeling anything as recycled gold is a problem and why the industry should start being clearer on what recycled gold really is.
JCK Las Vegas
Victoria and Rob’s schedules are packed for JCK Las Vegas. All of the events are back on, there’s tons of excitement, and Victoria is hoping for some good weather (not too hot!). From what Victoria understands, there is a great need to restock, which will make for a great show. JCK will be giving talks from the JCK stage and various educational classrooms. Victoria and Rob both look forward to meeting everyone there and give a little review of what to expect. Rob will also be signing copies of his novels!
Transcript
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| 0:00.0 | Welcome to the Jewelry District, a podcast by J.C.K. |
| 0:14.3 | Today, Rob Bates and Victoria Gamalski discussed Stephen Kaiser's passing, the one-of-a-kind collection watch event at London's Design Museum, De Beers Tracer blockchain platform, recycled gold, and the JCPay Show. |
| 0:30.5 | Hey, everyone, welcome to the jewelry district. This is Victoria Gamelski, editor-in-chief of JCPay andCK Online.com, calling in from Los Angeles, and I'm with. Rob Bates, news director of J-C-K and J-C-K-Online.com calling in from New York City. How you doing, okay? Yeah, I'm hanging. Getting ready. Getting ready. It's... For the chaos, the excitement. Getting ready for the chaos, the excitement. Placing, yeah, got a schedule, long schedule in the works. He's starting to fill up. It is. Yeah. For those of you who don't know what we're talking about, which I assume most of you do. Of course, we're talking about Jason K Las Vegas. We are recording this right after Memorial Day weekend. Traditionally, we'd be heading to Vegas today or tomorrow, but given the slight push in this |
| 1:15.7 | year's schedule due to the Jewish holiday that comes up every few years, I always forget what |
| 1:19.8 | it is. Is it Chavut? I think so, yeah. I'm not sure. |
| 1:23.0 | Gosh, we should know this by now. It is a holiday that tends to fall every few years right when |
| 1:28.2 | Vegas is happening right after Memorial Day weekend. And of course, this year that happened. |
| 1:32.8 | So the show has been pushed. Luxury opens on Wednesday, June 8th. JCPA opens on Friday, June 10th. |
| 1:38.4 | We will get to that because that is going to be a big part of today's episode. But prior to getting to that, |
| 1:43.3 | we have to acknowledge our deepest condolences to of today's episode. But prior to getting to that, we have to acknowledge our deepest |
| 1:45.8 | condolences to Stephen Kaiser's family. Now, Rob, you reported that story, this industry Titan |
| 1:51.8 | passed away just a week ago, and it's still really quite shocking to think that he's no longer |
| 1:57.3 | with us. Tell us a little bit about, gosh, what is some of the reaction you've you've heard? I mean, I think everybody's very shocked. I mean, just like you, we all saw him a 24-carat weekend where, you know, it was amazing, actually, because he got this great award from the JVC, the Stanley Shetra Award. So he gave a nice talk there. He was elected as chairman of the dual security alliance, and he gave a nice talk there. |
| 2:21.3 | And it was kind of like a Stephen Kaiser weekend. |
| 2:23.5 | And, you know, nobody figured this would be the last time you would see the guy. |
| 2:27.9 | But amazing career. |
| 2:30.1 | I mean, you know, he took over the company that was kind of started by his father to promote |
| 2:36.2 | Baumersier in the United States. And then, uh, he left after a while. And what's interesting is he |
| 2:42.3 | became a consultant. And you know, usually sometimes you become a consultant. It's not, you know, |
| 2:46.3 | they're consultants and there are consultants. There are consultants that really make a difference. |
| 2:50.4 | And there are consultants who just kind of call themselves consultants because they're looking for something. And he really, you know, I think he made his consultancy into a powerhouse, you know, it was a great source of what's going on and he was going to goes in touch with everybody. He always couldn't make things happen. He knew everybody. He was good of smoothing over situations. There was one time where a company was, there was a report that a company was nearly going bankrupt, I believe, and they wanted to get the crisis PR firm to respond to it. And Stephen called me out. He said, look, you know, why don't you just talk with the CEO, find out what's going on? And we did. I talked with the CEO, found out what was going on. And it was much better than some crazy comment from the crisis PR firm and stuff like that. So he was good, very good to smoothing things over at making connections. And what really impressed me, actually, when I wrote his obit was all the time he gave to industry |
| 3:42.6 | organizations. I mean, he was involved with a lot of them. And, you know, it's not easy to give |
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