Monocraft, now known as Monet, was founded in 1929 by brothers Jay and Michael Chernow in Providence, Rhode Island. The company began by making Art-Deco style gold monograms for handbags, but started making costume jewellery in 1937, producing simple gold and silver-tone designs. Monet was responsible for several technological advancements in jewellery, such as the development of the friction ear clip, which adjusted to make it more comfortable to wear, and the barrel clutch for pierced earrings which is now standard in the industry. From 1981 Monet produced jewellery for Yves Saint Laurent. It has continually adapted to changing fashions and remains successful today.
Early pieces are much sought after by collectors.
Costume Jewellery by Judith Miller