Luxury Alternative Investment Platform Luxus Announces Partnership With IGI
Luxus, an alternative investment platform specializing in precious gems and high-end jewelry, announced a new partnership with the International Gemological Institute (IGI), which will provide valuation services for the items listed on the platform.
Through the new pairing, IGI will produce appraisal reports for all relevant items of the Luxus platform, to include retail replacement value and grading attributes, in addition to authentication of assets. IGI will work directly with the platform to provide proof of authenticity and market value for each piece of jewelry listed.
“IGI provides the first-rate expertise necessary to put the highest caliber diamonds [and] other precious gems and jewelry in the hands of investors on the Luxus platform,” said Dana Auslander, founder and CEO of Luxus, in a statement. “On top of opening the door for investors to partake in ownership of the world’s rarest assets, we’re working directly with an industry leader in jewelry grading to ensure our assets are best in class and the IPO valuation is at the best possible price.”
In addition to providing appraisal reports, IGI will make available its library of digital educational resources to Luxus, allowing it to incorporate the content into the platform’s web-based applications.
“This partnership with Luxus allows us to leverage our diversified audiences and grow their understanding of the value of diamonds and gemstones,” said Avi Levy, president of IGI North America, in a statement. “We are excited about what our partnership means for the future of the industry as new investors and jewelry enthusiasts are introduced to this new asset class.”
To learn more about the platform, visit luxusco.com.
Texas Jewelers Offering Private “Texas Tours” At Upcoming Convention
The Texas Jewelers Association (TJA) announced the addition of “Texas Tours” to the annual get-together of its members, Oct. 16–17 at the Westin Irving Convention Center in Irving. The three private tours offer behind-the-scenes looks at some of the area’s most interesting jewelry-related attractions.
The first is a tour of at the Perot Museum of Nature and Science’s special gem collection. The second tour option, sponsored by Jewelers of America (JA), is a visit to the Time Delay headquarters for a look at the manufacturing, repair, and creation of high-end timepieces. The third tour includes demonstrations of diamond cutting and polishing at Southwest Diamond Cutters.
“We are so lucky to have dedicated members and board members who believe in the Texas Jewelers mission to be the best in the country. Our Texas heritage has a lot to offer our members, and we are thrilled at the chance to be the first creators of this type of get-together,” said Susan Eisen, president of TJA and owner of El Paso’s Susan Eisen Fine Jewelry, in a statement.
For more information on the upcoming event and to register, visit texasjewelers.org.
Top: Luxus made its debut in May with its inaugural asset, the rare pink Argyle diamond, in partnership with Kwiat and Fred Leighton (photo courtesy of Luxus)
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