So we have collectors of Art Deco jewelry, collectors of large diamonds, collectors of watches.
And that’s a very big difference between us and the other buyers that you see out there who are strictly gold buyers.
Del Gatto is also the chairman of The Del Gatto Luxury Group, which he started in October 2013. It’s very funny how the sport is looked at as something that is glamorous, and it’s got a very real connection with jewelry and the aesthetic world that CIRCA lives and deals in daily. We write checks for jewelry, and we pay higher prices than anyone else out there. The same type of private salon—is that on purpose?
We only have six offices in the United States, but we’ll probably have another six to ten offices within the next couple of years.
Our wholesale business, in partnering with all these major brands in the watch and jewelry sector, is just at its beginning phase. I apprenticed with an old-line diamond manufacturing firm on 47th Street, ultimately working myself up to becoming a partner in that firm, and I helped grow the firm to the point where we were about four or five times the size as when we started. ET: Just the other day, in Advertising Age, there was an article talking about your company and how barter is becoming important in a time where a lot of companies across the whole spectrum are sort of cash-poor but still have to buy advertising.
Smith, we’re going to write you a check now for 84,000 dollars,” and know that that’s going to be an offer that no one else can beat. Obviously I had a very good diamond education, so that was never a problem, but buying estate jewelry was a learning experience. FACT CHECK: Fisher-Price to Sell “Peaceful Protest” Playset. ET: Do you ever see CIRCA actually coming out with your own line of jewelry? You had on one end pawn shops, which most clients wouldn’t go to.
So our marketing from the beginning was very upscale and sophisticated, and very open and transparent, with the idea that it’s not right to have this non-performing asset sitting in a box. The second way, which happens all the time for people who can’t get into one of our offices, is they will mail the jewelry to us. Mara is also a guest blogger and relationship etiquette expert for the Huffington Post where she writes about topics such as engagement rings, secondhand jewelry, break-ups, dating, divorce and more. But he first made everybody sit up and take notice of him through his company, Circa, which he co-founded in April 2001. It’s added credibility for us and for that retailer in that area that we’re working with. The public responds to it. I saw what was happening in the diamond market, but more importantly, the inefficiency of the estate jewelry market. Del Gatto completed a one-year course in gemology in 1988 and graduated from the Gemological Institute of America. Travis Roy’s Girlfriend: Where Is Maija Langeland Now?
So we’ll be in Geneva, Paris, Milan, etc.
So, when he turned 17 years old, Del Gatto decided to give college a pass and instead became a licensed gemologist. We all have heard of the expression, “Diamonds are a girl’s best friend,” right?
He loves watches, and he often indulges himself by buying them for his own use.
As Founder of DELGATTO, he is widely regarded as one of the most important innovators in the modern jewelry industry – beginning his career at age 17 as a licensed gemologist of the Gemological Institute of America, a diamond cutter in Manhattan’s Diamond District by 18, and a partner in a diamond-cutting facility by 20. of MRH Estate & Fine Jewelry, Chris discovered a void in the marketplace for a global supply chain of second hand (recycled) jewelry or diamonds.
So we bought a barter company that I was very familiar with and had done a number of deals with.
People often wonder which jewelry Chris Del Gatto favors among all the different types he deals with. I think when you’re in the world of jewelry, if you’re attracted to it, it’s very much because you have an appreciation of beauty or have a strong aesthetic opinion. In 2006, Mr Lucas started the Lanesborough Alternative Strategies Fund that systematically looked for opportunities in expiring listed options markets, where he served as Chief Portfolio Manager and handled all relationships with the Prime Broker Dealer Community.
He said, “As passionate as I am about business and polo, nothing comes close to my children.
So there’s obviously this huge market.
Chris Del Gatto: There are basically three ways that you can interact with CIRCA.
2014: Responsible for divestment-process of ADB after the decision of the shareholder (KBC Belgium) to wind down all activities of ADB (end 2014) and integrate it as a business unit within KBC; managing negotiation processes between vendor, potential investors as banks, equity providers and big industrial groups, central banks, governments and industry representatives.
Most recently, we launched a division called CIRCA Capital, in which we’re giving collateralized loans to the industry only.
When I was 17 years old, I studied at the Gemological Institute of America, which is the only school that gives you the accreditation to become a graduate gemologist. Mara is also a guest blogger and relationship etiquette expert for the Huffington Post where she writes about topics such as engagement rings, secondhand jewelry, break-ups, dating, divorce and more. Enjoy! Josh will also serve as President of the I Do Now I Don’t Marketplace. Again, we’re providing a luxury service. But as our name and reputation has grown, the industry has come to us as well. Del Gatto started the company DELGATTO in May 2015 after its merger with a company called I Do Now I Don’t. Right now, he is busy growing his companies to become the best jeweler in the world. So that gives us extended reach by having these satellite retailers, even though we’re opening new offices every year. Who are your customers for sales? The third way is we have a network of some of the most high-end independent retail jewelers in the United States that work in conjunction with us, and they’re called “CIRCA Purchasing Agents.” These are truly the best retail jewelry stores in their given areas. If you continue using our website, we'll assume that you are happy to receive all cookies on this website. He admits that he spent his high school years “looking out of the classroom windows and wanting only to be out in the world.”. In 2001, Mr. Lucas founded CLC Global Partners, a hedge fund with peak assets of over $150M to take advantage of disparities in the discounts and premiums in the Closed-End Fund Market. This intense yellow is just under 40.00 carats. Chris Del Gatto: 1996-97. Chris Del Gatto: We call them buying rooms. Chris Del Gatto: No, but we’re actually looking now at one or two amazing jewelry brands that I very much respect that are underperforming, and are ripe to be bought.
It then dawned on him that there was a business potential in secondhand jewelry and watches. She has appeared on the covers of several prestigious magazines like Elle, Essence, and Vogue, and has also walked the ramp for Chanel and Victoria’s Secret.
The newest businesses that have really been, in a sense, helped by the situation in the economy are the wholesale divisions.
In addition to her role as VP at DELGATTO, Mara Opperman acts as a personal shopping liaison and Retail Advisor for the I Do Now I Don’t Marketplace; consulting with engaged-to-be couples, or anyone looking to purchase something fabulous at prices that are well below retail. We are also the only national and international name brand in the jewelry buying business,” he added.
The savvy consumer is a savvy seller if she doesn’t wear an item any longer. In our core business—the core business being buying from the public where we basically buy one of an item—we have collectors from all over the world who are in our New York headquarters monthly. Chris launched Circa in 2001, and under his leadership, it became the first luxury brand on the BUY SIDE of the jewelry industry.
We’re what has been coined as “reverse retail;” as I said, we’re not selling to the public.
With over 10 years of experience in the fields of research, marketing, sales and distribution, Opperman saw in his situation, an opportunity to create a platform where sellers receive more money than ever thought possible, while at the same time the buyers are able to purchase diamonds and jewelry at below retail prices; for the first time ever, a unique model that adds value to both sides of the equation.
As Founder of DELGATTO, he is widely regarded as one of the most important innovators in the modern jewelry industry – beginning his career at age 17 as a licensed gemologist of the Gemological Institute of America, a diamond cutter in Manhattan’s Diamond District by 18, and a partner in a diamond-cutting facility by 20.
Or if you were selling your jewelry, it must mean you needed the money, unless you had sold at Sotheby’s or Christie’s, which is a very different kind of process altogether because it’s an auction and very expensive.
You talked to us about trying to sell it. asset class within the “Alternative Investment” and “Real Asset” space by eliminating risks and creating transparency for private and institutional investors. I play in the summer in the Hamptons, and in the fall I go to Argentina for almost a month every year to play in professional tournaments there.
They don’t know what to do with it, and they didn’t know how to value it. In the close-out business, where we’re buying maybe a thousand of one item, the dynamic is very different. Chris Del Gatto’s age is 47, and he is Veronica Webb’s husband. But the CIRCA name I need to stand for being the best in the world at what we do—and that’s buying jewelry, and providing this really needed service both to the general public and to the trade.
In this role, Mara additionally provides guidance on everything from purchasing the right ring, to proposing properly. The offices are beautiful, and all of our buyers look and are trained a certain way to deal with clients; customer service for me is the number one priority.
2017: Founder & CEO of ID-Diamonds bvba, a Belgium based diamond investment advisor.
2,153 Followers, 1,198 Following, 306 Posts - See Instagram photos and videos from Chris Del Gatto (@chrisdgatto) But I’m a workaholic, so I try to balance the work that I do and love—I love building businesses, and we’ve got so much potential here that it takes a lot of time. Driven by his entrepreneurial spirit, and passion for technology, Josh’s idea for arose when he tried to sell his ex-fiancées engagement ring and was offered 30% of what he initially paid for the piece. It was a valuable experience, traveling around the world buying and selling.
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