Abstract: The present invention relates to a method for providing registration services and loss protection services related to marked jewelry for new jewelry consumer purchases or existing consumer owned items. Upon transferring ownership of a uniquely inscribed, marked, encoded, or otherwise identifiable gemstone or jewelry item, the facilitator of the registration and loss protection services (e.g., a dealer or retailer) includes (without limiting it to) both a database registration service and a loss protection service. This may occur before, or shortly after a transfer of ownership transaction takes place. Ultimately, this leads to the end consumer receiving at point of sale registration services and loss protection services included in their diamond, gemstone and/or jewelry purchase, which creates many added-value benefits and peace of mind such as providing replacements.

Abstract: An identification, tracking and recovery system includes a central database for electronically storing unique and relevant information of a plurality of gemstones to assist with the recovery of lost or stolen gemstones. The information of each gemstone is stored as a gemstone entry in the database which includes the characteristics of the gemstone, a unique identification number inscribed into a surface of the gemstone by a laser, and personal information of the owner of the gemstone. A user interface enables a user to communicate with a processor which stores and retrieves the relevant information from the database in accordance with an algorithm. The user interface may be located remotely from the database which is located at a central headquarters. The processor is capable of cross-referencing the information of the stored gemstone entry to enable retrieval of a gemstone entry based on any known information, such as the diamond identification number and information pertaining to owner of the gemstone.