Debeers To Sell Synthetic Diamonds

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As any follower of this blog or the Hull Loan System facebook page knows, diamonds gown in a laboratory have improved in size and quality enough to be used in jewelry and are making inroads into the retail jewelry sector.  Some retailers, such as Wedding Day, have started stocking and selling lab grown diamonds almost… Read more »

Squeeze on the Midstream

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A new research paper by the Rapaport Group provides a good overview of the current state of the diamond market. As late as the early 1990s, the Debeers Company controlled about 80% of the rough diamonds coming into the diamond pipeline. They used that control of diamond supply to maintain stable and modestly increasing diamond… Read more »

SARIN DIAMOND GRADING MACHINES

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Since the advent of modern diamond grading about 80 years ago, gemological laboratories have graded diamonds for carat weight, cut, color and clarity using some tools but applying human judgments. Scales, of course, were used to determine carat weight. But loupes, microscopes, millimeter gauges and master color grading diamonds were the tools used to apply… Read more »

As The Times Change

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Among the most pressing challenges to the diamond industry is the need to lift consumer demand. Historically consumer demand has been principally related to marriage. Consequently, diamonds have been marketed as symbols of eternal love and commitment. But millennials commitment to marriage is less than previous generations. They are marrying later, less often and it… Read more »

DeBeers’ Forevermark Unveils Black Label Collection

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A number of years ago, the DeBeers Corporation saw its influence over the supply of rough diamonds into the retail pipeline decrease as more players entered the field independent of their marketing network. They correctly saw this as a permanent change and responded by going downstream, opening their own retail outlets and “branding” their finished… Read more »

Christie’s Celebrates 250 Years in Business

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The English auction house, Christie’s, is celebrating its 250th year in business. As the interesting article in Rapaport’s December issue reports, the auction house was started by a Scot, James Christie, born in Perth, Scotland in 1730. Christie went to London in 1750 and found work with a Covent Garden auctioneer, from whom he learned… Read more »

MRIs COME TO GEMOLOGY

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This post is abstracted from an article in Rapaport Magazine by Shaun Sim about technological advances in the diamond cutting industry. Historically, diamond cutters inspected stones for flaws with nothing more than a 10X loupe and their eyes. In the 1980s, computer applications began to aid them in locating flaws in a rough diamond but… Read more »

Real is Rare

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For many decades, the DeBeers Corporation funded an ad campaign that was intended to create demand for diamond jewelry, engagement rings in particular, as a symbol of eternal love and beauty. The “Diamonds are Forever” campaign went through many iterations in TV ads and is something baby boomers grew up with. But, times change. DeBeers… Read more »

ASHES TO ASHES…

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Ashes to ashes, dust to dust as the good book says.  Or, maybe ashes to carbon, carbon to diamond.  Uncle Lester may have been a drunken lech in real life, but now he may be able to provide beauty and pleasure in the afterlife.  At least according to several companies like LifeGem and Cremation Solutions,… Read more »

MORE ON D FLAWLESS DIAMONDS

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To follow up on my March 30th post on D color, Flawless diamonds, the number of these stones sold, most of them at auction, is tiny compared to the volume of diamonds sold worldwide each year or even just at auction. But their impact is huge. The sale of these diamonds makes news in part… Read more »