Sad To Report The Passing of Richard Krementz Jr.

Editor’s note: this is one of the AGTA GemFair booths we most look forward to at the Tucson show…sorry to hear of the loss of such an integral part of this company…it just won’t be the same. We are hoping for great things from the next generation…

It is with sadness that we report…

From the Richard Krementz Gemstone page on Facebook:

2013 AGTA Spectrum, Platinum Honors Winner

“It is with heartfelt sadness to announce that Richard Krementz passed away today. Richard had an incredible passion for extraordinary gems since 1949 when he joined his family’s business. It is because of him that the terms “Krementz color” and “Krementz quality” resound in our industry when describing the very finest. He was a class act; ethical, knowledgable and a man of his word. The jewelry industry has lost a fine gentleman. Here’s to you, sir.”
Richard Krementz Jr, 86, of Morristown NJ and Criehaven ME died November 21.

He is survived by his wife of 60 years, Peggy, his children Rick and Betsy, and grand daughters Anna and Nastajjia.

Richard graduated from Yale in 1949, and joined his family’s jewelry manufacturing business, Krementz & Co (later Richard Krementz Gemstones).

He was an early and very active board member of the American Gem Trade Association and International Colored Stone Association, and also strongly supported the American Gem Society and Jewelers Board of Trade.

He personally ran the jewelry company until two weeks before his passing.

Rick Krementz, his son, is now CEO of Richard Krementz Gemstones.

In lieu of flowers, donations may be made to the Criehaven Library, 58 Chadwick St, Portland ME 04102. A memorial service will be held in Morristown on January 26.