What are your top three favorite things to do in New York? I typically do work late into the night, but I make sure to go home, have dinner and try to relax for at least an hour or two before opening my computer again. Shes actually great! Its important to me to have that autonomy and to be able to make decisions that are best for the business and, most importantly, best for our customers and followers.. In short, we had to be adaptable to survive these many years. She will work closely with her father, Danny Wegman, current chairman and her sister, Colleen Wegman, president and CEO. But I trusted my instincts and found him an amazing stone. Ring Concierge CEO Nicole Wegman's All White Apartment on the Upper East Side - NBC New York. For questions about Fine Jewelry, click here. And there are also shutdowns and the inability to ship things the way we used to. Brendan OHara And theres absolutely nothing we can do about gold prices being up. Nicole from RingConcierge has a degree from Cornell and is GIA certified but doesn't talk about any design background or jewelry experience prior to her starting her business. Be sure to rinse excess residue! So we are trying to think through that. Traditionally, men would buy jewelry as gifts for the women in their lives. Ring Concierge offers a complimentary60-day limited warrantyon all fine jewelry purchases within the US. See if you qualify for a free subscription to our industry leading paper magazine. I think getting a broader experience early on is important. Our bespoke process Get in touch Shop by Style Shop by Shape AT YOUR SERVICE We are committed to putting you first and delivering an exceptional experience. So we do what we can to keep our margins tight, and we buy in bulk when it will help us negotiate discounts with our suppliers. Wegman has self-funded the company, and it's been profitable since year one. If I say I'm wearing this ring today and I love it and it's a stacking ring, we'll sell five of those rings that day, and I'm always honest. "It's important to me to have that autonomy and to be able to make decisions that are best for the business and, most importantly, best for our customers . But theres only so much you can do when it comes to gold and diamond prices.. You know, it's not easy to have difficult conversations when times are tough. To clean your 14k gold jewelry, use a soft toothbrush and dish soap and gently scrub. Create an account to follow your favorite communities and start taking part in conversations. I was terrified the entire time, but I dont think he caught on. I don't regret any of it, but if you're not willing to put in the work, it would never, ever happen. (function(rollups, name) { if (!rollups[name]) { rollups[name] = {}; } rollups[name].js = ["//assets.squarespace.com/universal/scripts-compressed/common-vendors-757e0720f6324ef3873f5-min.en-US.js"]; })(SQUARESPACE_ROLLUPS, 'squarespace-common_vendors'); Which tips would you recommend to your colleagues in your industry to help them to thrive and not burn out? We have one thats dedicated to all of the fine jewelry shoppers on the website, and then if you shop engagement rings, youre assigned a one-on-one diamond expert who really handholds you. ). Email us if you have any questions! Straight-to-the-point emails to make finding what you love even easier. Measure your wrist with a string or soft measuring tape and use the below chart to reference which bracelet length to order. The Twilight actor took to Instagram to share the sweet and special news that he proposed to his longtime girlfriend and registered nurse, Tay Dome. So I think hard work and creative problem solving are probably, in my opinion, the two most important attributes anybody could have when wanting to start a company. Our expert customer care team is here to answer all of your questions and provide guidance as you build your jewelry wardrobe. How did Robert Wegman get in the food business? ago And then: How do we take that one step further, where we can get that comfort level there? We know thats going to be necessary, when talking about capturing market share, but [also] very, very doable. If any stones are loose, FedEx 2-Day: 2 business days (excluding weekends and holidays), FedEx Overnight: arrives the next business day from 10:30am-12:30pm (excluding weekends and holidays), FedEx International: 2-6 business days (excluding weekends and holidays)*, Bangles and eternity bands cannot be resized, Not all rings can be resized, and most rings cannot be resized more than 1-1.5 sizes smaller or larger than originally made, Ring Concierge does not resize or repair items purchased through other retailers, Small:creates the look of 1total caratdiamond studs, Medium:creates the look of 1.5total carat diamond studs, Large:createsthe look of 2total carat diamond studs, Extra Large:creates the look of over 2.5total carat diamond studs. RING CONCIERGE (@ringconcierge) Instagram photos and videos ringconcierge Follow 2,886 posts 622K followers 303 following RING CONCIERGE Fine jewelry for women, by women. Nicole Wegman is the founder and CEO of Ring Concierge, a jewelry company that's making luxury accessible to the masses. Please let us know your availability and well ensure the ring is available for you to view within 3-5 days. Theres [opportunity] to create this incredible, transparent, on-trend, accessible fine jewelry brand for those generations. And there are a lot of ways [to accomplish that]. Ring Concierge | 2,179 followers on LinkedIn. Be solution-oriented always, never view a challenge as a negative. Use of this website is subject to terms of use. We are committed to putting you first and delivering an exceptional experience. But I think people like guidance. I have a background in both product development and retail buying. So we do what we can to keep our margins tight, and we buy in bulk when it will help us negotiate discounts with our suppliers. Nicole C Wegman, age 47 N*****@hotmail.com (402) 440-**** ***** 210th, Unit 30, Seward, NE View full report Nicole J Wegman, age 50 P*****@gmail.com (610) 781-**** ***** Kauffman Rd, Oley, PA View full report Nicole L Wegman, age 46 N*****@hotmail.com (610) 775-**** ***** Alleghenyville Rd, Mohnton, PA View full report Show all results. You have the best job ever. Well, OK. That is what it looks like from the outside. Connection to Wegmans family: Nicole Wegman is the senior vice president of the grocery chain and the daughter of chairman Danny Wegman. 2022 RX USA. And gold prices have been up since the beginning of the pandemic, because people started to buy gold as a way to diversify out of whatever currency they were in. When Nicole Wegman founded Ring Concierge in 2013, the company headquarters were her living room and funding consisted of a humble $2,000 from her own savings. Wegman founded Ring Concierge in 2013 after her engagement-ring buying experience proved frustrating. I hope that when my friends and I further out from college were as close and fun as they are. Thats because a lot of people who have only ever worked at really small companies don't know what it looks like when things start to get bigger and don't really know what formalized processes may look to look like or best practices are. She seems loaded - is her business that successful, her husband rich, or does she have family money (or all of them?! It's not easy to make a choice when both your choices are hard. She's fine. Weve laid out a plan and were pretty confident we can get to be one of the largest privately-owned jewelry companies in the U.S. within the next five years, if not the largest How can we be the Tiffanys of our generation?, Mastering customer service I think her personality is a breath of fresh air compared to a lot of other influencers. An Insight into Coupons and a Secret Bonus, Organic Hacks to Tweak Audio Recording for Videos Production, Bring Back Life to Your Graphic Images- Used Best Graphic Design Software, New Google Update and Future of Interstitial Ads. window.__INITIAL_SQUARESPACE_7_1_WEBSITE_COLORS__ = [{"id":"white","value":{"values":{"hue":0.0,"saturation":0.0,"lightness":100.0},"userFormat":"hex"}},{"id":"black","value":{"values":{"hue":0.0,"saturation":0.0,"lightness":0.0},"userFormat":"hex"}},{"id":"safeLightAccent","value":{"values":{"hue":19.906542056074766,"saturation":84.92063492063492,"lightness":49.41176470588235},"userFormat":"hex"}},{"id":"safeDarkAccent","value":{"values":{"hue":19.906542056074766,"saturation":84.92063492063492,"lightness":49.41176470588235},"userFormat":"hex"}},{"id":"safeInverseAccent","value":{"values":{"hue":0.0,"saturation":0.0,"lightness":100.0},"userFormat":"hex"}},{"id":"safeInverseLightAccent","value":{"values":{"hue":0.0,"saturation":0.0,"lightness":100.0},"userFormat":"hex"}},{"id":"safeInverseDarkAccent","value":{"values":{"hue":0.0,"saturation":0.0,"lightness":100.0},"userFormat":"hex"}},{"id":"accent","value":{"values":{"hue":19.906542056074766,"saturation":84.92063492063492,"lightness":49.41176470588235},"userFormat":"rgb"}},{"id":"lightAccent","value":{"values":{"hue":204.78260869565216,"saturation":63.888888888888864,"lightness":85.88235294117648},"userFormat":"rgb"}},{"id":"darkAccent","value":{"values":{"hue":249.87341772151896,"saturation":33.05439330543933,"lightness":46.86274509803921},"userFormat":"hsl"}}]; I am very grateful for his help. Is there a particular person who you are grateful towards who helped get you to where you are? Simply follow @ringconcierge on Instagram for your daily dose of diamond. So our big focus over the next five years is to capture that market share within the U.S. and expand upon what were already really good at, and not worry too much about trying to spread ourselves too thin with other categories or with international [expansion]. None of that really applies when you then move to a small company immediately. But if it's more important to you and you personally derive more value out of creating something and building something, then the work comes naturally because you like what you're doing. Together with his son, David, they grew a small family shop into a diamond legacy. So that's my goal, is to try to get through that. That experience is incredible. This has been very hard at times, but it is also what makes us stand out. And gold prices have been up since the beginning of the pandemic, because people started to buy gold as a way to diversify out of whatever currency they were in. By strategically utilizing social media and successfully blurring the line between retailer and influencer, Nicole has disrupted the historically close-knit, male-dominated diamond industry. Avoid using paper towels to clean gemstones as they can cause scratching. Reminds me of my own friendships. I couldnt have done this without him! Along with his announcement, the 29-year-old star posted behind-the-scenes photos of the . The new problems that come with starting a business are going to be brand new to you. Then the word-of-mouth started and I landed my first real client who happened to have a six-figure budget! Wegmans is a family company, founded in 1916, headquartered in Rochester, N.Y. Danny Wegman is chairman; Colleen Wegman, his daughter, is president and CEO. People get mad at honesty and they get mad at other influencers disingenuous saccharine takes theres no winning. There are far worse people to snark on. All rights reserved. But obviously, when it comes to mining and cutting and polishing these diamonds, its all so labor-intensive. That experience is incredible. Wanting the New York. Then that company failed, it basically folded. I did the executive training programs at both. Not too shabby for someone who admits she almost didnt become a lifeguard when she nearly drowned during the test. Dannys daughter Nicole Wegman is senior vice president of Wegmans Brand. This warranty includes any quality issues that arise from a manufacturing defect, including: loose diamonds or loose prongs, missing pav stones, broken clasps and/or broken soft chain. Katie Warren/Business Insider Ring Concierge is an NYC -based luxury jewelry company founded by Nicole Wegman that sells. Because we already know that we have better styles, we know we have broader access to diamonds, and we know we offer so much more, when it comes to the product and the pricing, than the local jeweler offers. Do you like your ring/how is the quality? The cattle are raised on small family ranches by gauchos using traditional methods of pasture-based farming. Nicole Wegman is the Founder and CEO of Ring Concierge, a New York City-based fine jewelry brand. Candice Georgiadis is an active mother of three as well as a designer, founder, social media expert, and philanthropist. Im very happy to hear this and will now appreciate her sarcasm. Choose your words thoughtfully. We invite you to preview Kwiat diamond jewelry at a boutique near you. There were also some things I didnt like, such as how slow it was to implement change, and I knew that I wanted my company to be nimble and be able to pivot and adapt quickly, Wegman says. Order a Ring Sizer here or select 'I don't know my size, send me a Ring Sizing Gauge!' 66 PoppyandTarget 5 mo. I think her personality is a breath of fresh air compared to a lot of other influencers. Our Brilliant Creators share their unique journeys as they shine bright in Kwiat diamond jewelry. Shes the founder of Nasty Gal and Girl Boss. This field is for validation purposes and should be left unchanged. As a leader in engagement ring and wedding band trends, with a celebrity . Thank you so much for joining us! Were hoping it gets better in about a year from now. I dont believe theres ever a problem that cant be solved. Can you share a story? But for the first three or four years, I wasn't that big of a brand, and I would go meet with these different diamond suppliers or manufacturers or different vendors in the industry, and they would always speak down to me; Nothing terrible, but you could tell they looked at me like, oh, you silly girl. For the grand re-opening after the burglary, the company printed fake newspapers using the unused heist imagery, showcased on social media the effort to get the store back into a serviceable state and spoke openly about the burglary to its 500,000 Instagram followers. But throughout the rest of this year, its going to remain the way its been operating in the past few years. As a percentage, that doesnt sound too terrible, but when you start to think about what that means in dollars for such a high-ticket item, its a pretty high jump. Me too. We are very fiscally conservative, and we are very thoughtful in how we invest in areas we expand in, to make sure we can remain self-funded, she said. You want a ring to fit over your knuckle, but not be too loose or it will shift around. The next most important thing is being a creative problem solver. We are reader-supported and may earn a .css-1njuis6{-webkit-text-decoration:underline;text-decoration:underline;text-decoration-color:rgba(26, 119, 180, 0.4);}.css-1njuis6:hover{text-decoration-color:inherit;}.css-13mmk9p{margin:0;color:#1a77b4;-webkit-text-decoration:underline;text-decoration:underline;text-decoration-color:rgba(26, 119, 180, 0.4);}.css-13mmk9p:hover{text-decoration-color:inherit;}commission when you shop through our links. What are your 5 things I wish someone told me before I started leading my company and why. Then it just completely fragments into these mom-and-pop [shops]. We learned to be independent, financially responsible, and resourceful. The Latest Innovations That Are Driving The Vehicle Industry Forward. (This was one of those blink-twice-if-youre-under-duress answers.). Her secret to success? But what I like most about her was not letting that first failure stop her, not not letting it be such an embarrassment or such a letdown that she didn't try to bounce back. Ring Concierge's goal is to give customers that amazing experience while keeping mark-ups low," founder Nicole Wegman tells Brides . There are a few key players at the top that make up the top 10% of the industry. Be sure to remove before physical activity, sleeping, and showering and always lay flat. Family-owned Wegmansoperates 106 stores in New York, Pennsylvania, New Jersey, Virginia, Maryland and Massachusetts. Before Nicole Wegman founded Ring Concierge, she began her career in the fashion industry as a buyer, where she developed her sophisticated aesthetic. But he was always supportive and believed in my idea. Natural gemstones are softer than diamonds. She had owned the Century Wine & Spirits store in Pittsford, but sold that to her father, Danny Wegman, before buying into the Buffalo store. You've never done this before. Fine jewelry for women, by women. This was very inspiring. {"url":"https://www.columbiawomensbusinesssociety.org","name":"CWBS","description":"","image":"//images.squarespace-cdn.com/content/v1/61046f77fd62a8658e09650b/bafb816a-cdc5-4a34-b163-89114ad00c89/CWBS-Logo-white.png","@context":"http://schema.org","@type":"WebSite"}{"name":"NICOLE OF RING CONCIERGE \u2014 CWBS","url":"https://www.columbiawomensbusinesssociety.org/scope/pl0gy9pdwkr43xextu1deselkmsaue","datePublished":"2020-05-21T18:39:00-0500","dateModified":"2021-07-30T18:41:09-0500","headline":"","author":"CWBS","publisher":{"name":"CWBS","logo":{"@type":"ImageObject","url":"https://static1.squarespace.com/static/61046f77fd62a8658e09650b/t/610473aadf4fd94096e1b284/1668406729472/"},"@context":"http://schema.org","@type":"Organization"},"image":"http://static1.squarespace.com/static/61046f77fd62a8658e09650b/610476bb4495941ea74d720a/61048dcf98ba3c65cd3484f8/1627688469269/Nicole%2BWegman.jpeg?format=1500w","@context":"http://schema.org","@type":"Article"}Static.COOKIE_BANNER_CAPABLE = true; It does not exist right now especially not in an omnichannel way and especially not when youre talking about utilizing social media. 5,387 views Premiered Mar 29, 2022 Nicole Wegman, Founder and CEO of Ring Concierge, takes us through her classic all-white apartment on Manhattan's Upper East Side. Get news and analysis about fashion, beauty and culture delivered to your inbox every morning. Nicole Wegman, Founder & CEO of Ring Concierge, a New York City-based private jeweler. Theres no better way of doing that than working hard and growing a business and having it become successful.. Nicole Wegman Founder & CEO at Ring Concierge New York, New York, United States 988 followers 500+ connections Join to connect Ring Concierge Cornell University Company Website About. It was Nicole's own engagement journey that opened her eyes to the void in the market for a more affordable, personal engagement ring shopping experience. I therefore don't get how she is getting it all right, supplying a stream of high end diamonds, and somehow connecting herself to an excellent designer and great bench. So you don't know how to solve a lot of things or you don't know how to anticipate a lot of problems that arise. LEARN FROM OUR DIAMOND EXPERTS, DISCOVER OUR NEWEST COLLECTIONS, AND GET ACCESS TO PERSONAL SHOPPING SERVICES. When you have a team of 20, 30, 40, 100 people, you might not realize that there are better systems out there than these small ones. I make an effort to hire and elevate as many women as possible in the jewelry industry, which has traditionally been very much male-dominated. (Please know that emails are sent sparingly. Founder and Chief Executive Officer @ Ring Concierge. Encouraging women to dream big and pursue their career aspirations, even in an industry that seems unwelcoming to them. made to perfectly complement your engagement ring. Earlier this year, Wegmans ranked fourth on Fortunes 2021 list of 100 Best Companies to Work For. The retailer has earned that distinction 24 consecutive times. But having that foundation and understanding what that looks like, I think is extremely important. Its really large, but its also very, very fragmented. Nicole combines her experience in fashion and knowledge of jewelry to help clients source and design distinctive and beautiful pieces. And then, how do you provide that experience the local jeweler is providing, but perhaps remotely? SQUARESPACE_ROLLUPS = {}; Both my team and I work tirelessly to continue fueling this growth while simultaneously supporting it operationally. Eating downtown, I typically eat out like four days a week. What skills do you think are vital to starting a business and what skills were vital when you were starting Ring Concierge? Also love her jewelry. So our followers and customers started to really connect with me and they started to associate me with the brand. Who is her husband / what does he do for a living? Robert Wegman, Danny's father, was chairman until his death in April 2006. Ok, I love this. Where did you get the drive to continue even though things were so hard? If I dont do this, Im never as productive the following week. Growth strategy Love her and her sarcastic humor. That's part of the reason Nicole Wegman started Ring Concierge on Instagram in 2013 to create bespoke engagement rings for women, by women. There is never a typical day since were growing so fast! If you continue to use this site we will assume that you are happy with it. Due to the delicate nature of this setting, avoid knocking against any surfaces, snagging on a handbag, clothing or heavier hand held items like shopping bags. Stay in the know and get first access to sales, new drops, and RC events, Monday - Friday 7:30am - 9:30pm ETP: 646.580.3059E: info@ringconcierge.com, Fine Jewelry Store400 Bleecker St, New York, NY 10001Mon - Sat 11am -7pmSun 12pm - 6pm, 946 Madison Ave, New York, NY 10021Mon - Sat 10am - 6pmSun 12pm - 6pm, Bespoke ShowroomMidtown, New York, NYMon Fri 10am - 6pmBy Appointment Only. People on here got their panties in a bunch over her teasing her friend over her lack of organization in her wedding but it reminds me of my friend group (roasting is a love language!) Theres also Blue Nile, which is an online, pretty impersonal website. I didn't start out working for small companies and I didn't go straight to business school. Before Nicole Wegman founded Ring Concierge, she began her career in the fashion industry as a buyer, where she developed her sophisticated aesthetic. Our mission is to help people live healthier better lives through exceptional food, said Danny Wegman. They have 1% of the market share. Please note that this piece is made to order. Our bespoke process Connect with a specialist Wedding Bands In the past, Ive found some of her jokes out of touch, but I really appreciated her thought out post after Roe V. Wade was overturned. Most "Custom made for you" pieces are estimated to require 6-9 weeks for production. Shopping. I'm sure you've heard of her. Female Disruptors: Mitchella Gilbert of OYA Femtech Apparel On The Three Things You Need To Shake, Sahara Rose De Vore of The Travel Coach Network: 5 Things I Wish Someone Told Me Before I Became A, Magic of Unlocking Potential in Your Business, Female Founders: Nora Anna of PerfectGifts4Me On The Five Things You Need To Thrive and Succeed as, Female Disruptors: Rachael Greer of Work & Co On The Three Things You Need To Shake Up Your, 8 Best Practices Every Young Entrepreneur Should Follow In 2019, Sami Bernstein of Kickback: Five Ways For Influencers To Monetize Their Brand. Normally I would agree, apart from when youre gorgeous and rich and connected. It was just to slowly prove them wrong. Get news highlights delivered directly to your e-mail inbox. I happened to have it sitting on my nightstand for a year now; I'm notorious for buying a bunch of business books and never having enough time to read them, but I grabbed it and brought it with me when we left the city, two and a half months ago for quarantine. When storing long term (1+ years), put it in a pouch that is breathable (not plastic or airtight) so the pearl does not lose its luster. Everything was made-to-order bespoke engagement rings at the start, so I didnt hold any excess inventory, and the brand was profitable in its first year, Wegman says. And then: How do we take that one step further, where we can get that comfort level there? At that time, she couldn't find any brand or company that she connected with. For more information please view our care library: o clean your 14k gold jewelry, use a soft toothbrush and dish soap and gently scrub. We call this the Kwiat Tiara Cut. It was just to slowly prove them wrong. Keep in mind that shes a successful business owner in an inherently sexist industry dominated by very old, very grumpy men who talk down to women daily. Check out the size video on how to get your perfect size when your Ring Sizing Gauge arrives! I worked hard during my first job as a fashion buyer. LOccitane hand cream (I swear by this), a silk eye mask, and my kindle. In stock items will be processed within3 business days. And there are a lot of ways [to accomplish that]. We recommend using our jewelry cleaner for best results! Please note, we are unable to reserve these pieces, so shop now to make them yours. Its important to find a shape you love and has always loved and, although you want your setting to be unique, dont go for extreme trends, this is supposed to be a piece of jewelry you love and wear every day for years! For Herringbone care please reference below. And every time you walk in Soho, there's 10 new clothing stores or direct to consumer brands that weren't there two weeks ago. My BF and I are going soon to look at rings . We want them to love it. But obviously, when it comes to mining and cutting and polishing these diamonds, its all so labor-intensive. So, I had just started the business and was working out of my apartment. Visit Ringconcierge.com to learn more about their exceptional product offering and superior customer service, making shopping for fine jewelry online a concept anyone can get behind. I think it's a community; It's almost like a LinkedIn for women, just connecting different business women and having these different conferences and speakers.So I just like her resiliency and that she wasn't afraid to come back in a big way. We use interviews to draw out stories that are both empowering and actionable. Each gem has the widest possible diameter to appear larger than other diamonds of comparable carat weight. You never know what your idea can trigger. Prior to Ring Concierge, Wegman worked at Macys and Bloomingdales in product development and retail buying. As the founder or CEO, your team will place a lot of weight in everything you say. Because we already know that we have better styles, we know we have broader access to diamonds, and we know we offer so much more, when it comes to the product and the pricing, than the local jeweler offers. This consideration is a leftover from when Ring Concierge founder, Nicole Wegman, was searching for her own engagement ring in the NY diamond district seven years ago. And we love our office. Ring Concierge never raised any VC funding. The majority of our customers are women who want to invest in themselves by investing in luxurious Ring Concierge pieces. How have you used your success to bring goodness to the world? Please note the shipping method selected does not expedite your order's production time. (function(rollups, name) { if (!rollups[name]) { rollups[name] = {}; } rollups[name].js = ["//assets.squarespace.com/universal/scripts-compressed/extract-css-runtime-ae821cadaedc8090374a5-min.en-US.js"]; })(SQUARESPACE_ROLLUPS, 'squarespace-extract_css_runtime'); Wegman, who joined her family's business in 1989, most recently served as SVP of the Wegmans Brand. Ive been reading The Hard Thing About Hard Things; basically, that book talks about how to navigate the difficult times. I launched Ring Concierge four and a half years ago, and I learned that the only thing I cant do is predict whats next. We are very fiscally conservative, and we are, very thoughtful in how we invest in areas we expand in, to make sure we can remain self-funded, she said. We then went into Tiffanys where everything was overpriced and stuffy. All About JoJo Fletcher's New Engagement Ring from Jordan Rodgers Straight from Their Jeweler The Bachelorette 's new 5-carat diamond bling was designed by Nicole Wegman of Ring. To clean, use a soft toothbrush and a little dish soap and gently scrub. The retailer has promoted Nicole Wegman, great-granddaughter of founder John Wegman, to president of the Wegmans Brand. I worked with her a few years ago on a partnership and thought she was really sweet and easy to work with!! Can you tell us a story about what brought you to this specific career path? (function(rollups, name) { if (!rollups[name]) { rollups[name] = {}; } rollups[name].js = ["//assets.squarespace.com/universal/scripts-compressed/cldr-resource-pack-d7070e8b408cf38ac16f3-min.en-US.js"]; })(SQUARESPACE_ROLLUPS, 'squarespace-cldr_resource_pack'); Diamonds with this grade tend to be the most rare and valuable. After searching for her own engagement ring, she took classes at the GIA (Gemological Institute of America) and became GIA-certified. Who are the owners of Wegmans grocery store? Danny's daughter Nicole Wegman is president of Wegmans Brand. In general, old European cut diamonds and other antique diamonds cost slightly less than new diamonds. 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