SEGMENT INFORMATION AND GEOGRAPHIC DATA, Summary Financial Information by Reportable Segment (Details)	12 Months Ended
	Jun. 30, 2022 USD ($) Segment	Jun. 30, 2021 USD ($)
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	$ 43,089,024	$ 39,235,839
Product line cost of goods sold	22,845,702	20,809,690
Operating income	2,873,204	5,507,992
Depreciation and amortization	479,308	567,122
Capital expenditures	1,496,471	437,069
Product Line [Member]
Summary Information by Reportable Segment [Abstract]
Product line cost of goods sold	20,102,490	18,129,767
Product line gross profit	22,986,534	21,106,072
Finished Jewelry [Member]
Summary Information by Reportable Segment [Abstract]
Net sales	29,712,230	24,401,546
Product line cost of goods sold	13,932,700	11,272,012
Product line gross profit	15,779,530	13,129,534
Loose Jewels [Member]
Summary Information by Reportable Segment [Abstract]
Net sales	13,376,794	14,834,293
Product line cost of goods sold	6,169,790	6,857,755
Product line gross profit	7,207,004	7,976,538
Operating and Reportable Segments [Member] | Online Channels [Member]
Summary Information by Reportable Segment [Abstract]
Net sales	26,780,049	23,209,638
Product line cost of goods sold	11,047,662	9,452,739
Product line gross profit	15,732,387	13,756,899
Operating income	2,550,991	3,739,553
Depreciation and amortization	235,643	248,995
Capital expenditures	305,586	253,935
Operating and Reportable Segments [Member] | Online Channels [Member] | Finished Jewelry [Member]
Summary Information by Reportable Segment [Abstract]
Net sales	23,539,347	19,905,199
Product line cost of goods sold	9,837,830	8,235,797
Product line gross profit	13,701,517	11,669,402
Operating and Reportable Segments [Member] | Online Channels [Member] | Loose Jewels [Member]
Summary Information by Reportable Segment [Abstract]
Net sales	3,240,702	3,304,439
Product line cost of goods sold	1,209,832	1,216,942
Product line gross profit	2,030,870	2,087,497
Operating and Reportable Segments [Member] | Traditional [Member]
Summary Information by Reportable Segment [Abstract]
Net sales	16,308,975	16,026,201
Product line cost of goods sold	9,054,828	8,677,028
Product line gross profit	7,254,147	7,349,173
Operating income	322,213	1,768,439
Depreciation and amortization	243,665	318,127
Capital expenditures	1,190,885	183,134
Operating and Reportable Segments [Member] | Traditional [Member] | Finished Jewelry [Member]
Summary Information by Reportable Segment [Abstract]
Net sales	6,172,883	4,496,347
Product line cost of goods sold	4,094,870	3,036,215
Product line gross profit	2,078,013	1,460,132
Operating and Reportable Segments [Member] | Traditional [Member] | Loose Jewels [Member]
Summary Information by Reportable Segment [Abstract]
Net sales	10,136,092	11,529,854
Product line cost of goods sold	4,959,958	5,640,813
Product line gross profit	$ 5,176,134	$ 5,889,041