Diamond Answer Man

Resolutions for 2013. With Special Guest! Update to blog coming soon.  

Current News This week we find that De Beers October sight sold about 750m. This is the largest sight in 2012. Sight-holder had deferred previous sights. DTC allowed them to defer up to 50% of the Intent To Offer period which ends March of 2013. All this means is that hopefully the Sight-holders  also known […]

Current news Diamond Prices Soft throughout September RAPAPORT… PRESS RELEASE, October 3, 2012, New York: Certified polished diamond prices ‎continued to soften in September as buyers remain cautious ahead of the fourth-quarter ‎holiday season. The Hong Kong Jewellery & Gem Fair reflected mediocre Far East ‎demand as buyers concentrated on inexpensive lower-quality diamonds. ‎ The […]

I was on vacation in the last month so I am going to pick it up – in hopes to be ahead of the holiday season. First in the news. Swallowing Diamonds Strange things happening here in the US and around the world. Both in jewelry stores and trade shows. Thieves are pulling an old […]

The time to buy is still now? And why is that diamond blue!! First! We have some great news for the people of Botswana. De Beers is moving its operations to Botswana ahead of schedule.  The Botswana government is excitedly running its own buying and selling organization Okavango Diamond Company (ODC) in direct competition with […]

Is now the time to buy? And why is that diamond RED!! News Update! Rapaport Diamond Report is stating 1ct. diamonds are trading at a discount of 18.3% from a year ago. How long will this take to positively influence your purchase price and when will we see a reversal? If you are buying from […]

My diamond is broken? In this series we find out what to do when your diamond gets damaged. First you need to find out if it is merely chipped or is it indeed broken? If you look at the  side profile of a diamond from the flat top to the point at the bottom you […]

What if you want to sell? There are many  reasons for you to sell  unwanted diamonds or pieces of jewelry. Diamonds and jewelry that  have no positive emotional value or history may be a reasonable source of expendable cash. But, how do you go about selling the item? First you need to do a little research, which […]

Hire the Right People! If you have ever worked with a person or had the pleasure of doing business with a team that was single minded in purpose and why – then you’ll understand the  priority jewelers should have to staff their stores with people who are special.  Or as I like to call them […]