SEGMENT INFORMATION AND GEOGRAPHIC DATA, Summary Financial Information by Reportable Segment (Details)	3 Months Ended		9 Months Ended
	Mar. 31, 2021 USD ($)	Mar. 31, 2020 USD ($)	Mar. 31, 2021 USD ($) Segment	Mar. 31, 2020 USD ($)
SEGMENT INFORMATION AND GEOGRAPHIC DATA [Abstract]
Number of operating segments | Segment			2
Number of reportable segments | Segment			2
Summary Information by Reportable Segment [Abstract]
Net sales	$ 9,436,056	$ 6,491,048	$ 29,509,140	$ 24,758,559
Product line cost of goods sold	5,093,452	9,171,932	15,457,215	18,579,069
Operating income (loss)	1,038,571	(6,193,870)	4,433,825	(5,277,240)
Depreciation and amortization	148,450	132,019	419,511	366,322
Capital expenditures	78,628	73,597	346,112	394,825
Product Line [Member]
Summary Information by Reportable Segment [Abstract]
Product line cost of goods sold	4,520,274	3,101,550	13,826,235	11,649,680
Product line gross profit	4,915,782	3,389,498	15,682,905	13,108,879
Finished Jewelry [Member]
Summary Information by Reportable Segment [Abstract]
Net sales	6,219,892	3,480,168	18,820,428	13,776,510
Product line cost of goods sold	3,051,936	1,589,501	8,808,372	6,256,525
Product line gross profit	3,167,956	1,890,667	10,012,056	7,519,985
Loose Jewels [Member]
Summary Information by Reportable Segment [Abstract]
Net sales	3,216,164	3,010,880	10,688,712	10,982,049
Product line cost of goods sold	1,468,338	1,512,049	5,017,863	5,393,155
Product line gross profit	1,747,826	1,498,831	5,670,849	5,588,894
Operating and Reportable Segments [Member] | Online Channels [Member]
Summary Information by Reportable Segment [Abstract]
Net sales	5,583,768	3,838,257	17,635,341	13,628,641
Product line cost of goods sold	2,291,821	1,682,864	7,190,052	5,806,550
Product line gross profit	3,291,947	2,155,393	10,445,289	7,822,091
Operating income (loss)	751,953	(332,837)	3,021,067	62,591
Depreciation and amortization	67,373	49,333	180,946	131,356
Capital expenditures	22,770	34,250	195,695	245,175
Operating and Reportable Segments [Member] | Online Channels [Member] | Finished Jewelry [Member]
Summary Information by Reportable Segment [Abstract]
Net sales	4,902,964	2,922,439	15,114,765	11,044,107
Product line cost of goods sold	2,045,519	1,286,865	6,242,635	4,739,488
Product line gross profit	2,857,445	1,635,574	8,872,130	6,304,619
Operating and Reportable Segments [Member] | Online Channels [Member] | Loose Jewels [Member]
Summary Information by Reportable Segment [Abstract]
Net sales	680,804	915,818	2,520,576	2,584,534
Product line cost of goods sold	246,302	395,999	947,417	1,067,062
Product line gross profit	434,502	519,819	1,573,159	1,517,472
Operating and Reportable Segments [Member] | Traditional [Member]
Summary Information by Reportable Segment [Abstract]
Net sales	3,852,288	2,652,791	11,873,799	11,129,918
Product line cost of goods sold	2,228,453	1,418,686	6,636,183	5,843,130
Product line gross profit	1,623,835	1,234,105	5,237,616	5,286,788
Operating income (loss)	286,618	(5,861,033)	1,412,758	(5,339,831)
Depreciation and amortization	81,077	82,686	238,565	234,966
Capital expenditures	55,858	39,347	150,417	149,650
Operating and Reportable Segments [Member] | Traditional [Member] | Finished Jewelry [Member]
Summary Information by Reportable Segment [Abstract]
Net sales	1,316,928	557,729	3,705,663	2,732,403
Product line cost of goods sold	1,006,417	302,636	2,565,737	1,517,037
Product line gross profit	310,511	255,093	1,139,926	1,215,366
Operating and Reportable Segments [Member] | Traditional [Member] | Loose Jewels [Member]
Summary Information by Reportable Segment [Abstract]
Net sales	2,535,360	2,095,062	8,168,136	8,397,515
Product line cost of goods sold	1,222,036	1,116,050	4,070,446	4,326,093
Product line gross profit	$ 1,313,324	$ 979,012	$ 4,097,690	$ 4,071,422