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INVENTORIES (Details) - USD ($)
9 Months Ended
Mar. 31, 2023
Jun. 30, 2022
Inventories [Abstract]    
Total supplies inventory $ 376,830 $ 89,120
Total inventory 33,329,286 33,512,800
Short-term portion 7,889,917 11,024,276
Long-term portion 25,439,369 22,488,524
Work-in-process inventories issued to active production jobs $ 1,410,000 2,760,000
Percentage of jewel inventory not mounted in finished jewelry settings 50.00%  
Finished Jewelry [Member]    
Inventories [Abstract]    
Raw materials $ 1,359,919 1,697,361
Work-in-process 716,494 1,260,728
Finished goods 13,045,604 12,100,910
Finished goods on consignment 2,266,501 2,135,856
Total 17,388,518 17,194,855
Loose Jewels [Member]    
Inventories [Abstract]    
Raw materials 812,024 1,985,355
Work-in-process 8,980,285 8,485,713
Finished goods 5,519,936 5,454,266
Finished goods on consignment 251,693 303,491
Total $ 15,563,938 $ 16,228,825