We know you are very sensitive to the issue of Conflict Diamonds, otherwise know as “Blood Diamonds.” This issue was highlighted in the movie of that name. Fortunately, by the time the movie came out this issue was well on its way to resolution.
There has been a major breakthrough in the campaign to eliminate the traffic in “conflict diamonds.” All of the nations with significant involvement in the diamond trade have agreed on a global certification system aimed at preventing criminals from insinuating contraband diamonds mined in African combat zones into the legitimate supply chain.
To supplement this government effort, industry leaders have created a voluntary self-regulation program. We at A. Fishman & Son welcome this important development and are very actively supporting the new system designed to safeguard our products’ integrity.
The core of that program is a chain of warranties that will follow rough diamonds, polished diamonds, and jewelry containing diamonds through the supply chain. For any product fabricated from rough diamonds imported or purchase by us from January 1, 2003 onward, our memoranda and invoices will state the following:
“The diamonds herein invoiced/memoed have been purchased from legitimate sources not involved in funding conflict and in compliance with United Nations Resolutions. We hereby guarantee that these diamonds are conflict free, based on personal knowledge and/or written guarantees provided by the supplier of these diamonds.”
Product fabricated from diamonds acquired prior to January 1, 2003 is not covered by the industry warranty program. Such product is subject to the “best efforts” assurance that has been in general use since August 2000 concerning the avoidance of conflict diamonds. With regards to diamonds acquired by us prior to January 1, 2003, A. Fishman & Son can assure you that we will not knowingly sell conflict diamonds and that, to the best of our ability, we will undertake reasonable measures to help prevent the sale of conflict diamonds in this country.
In the meantime, until next time, Mind Your Diamonds!