Who Buys Rough Diamonds
Payment for all merchandise will be made upon receipt of merchandise immediately in person, by bank wire, or by express mail enclosed with a company check, bank check, money order, or international money order (or other arrangement of your choice). All overseas rough coming directly to us should be accompanied by the appropriate documentation (Kimberley certificates and invoice) for US customs from the country of origin.
who buys rough diamonds
The Kimberley Process (concerns diamond rough origins): We strictly observe it. All diamonds presented herein have been mined through our efforts or partnerships, or purchased from legitimate sources not involved in funding conflict. All diamonds are in compliance with United Nations Resolutions. We, the supplier, hereby guarantee that all diamonds (rough or polished) are conflict free. This is based on our personal knowledge and/or written guarantees provided by our associates.
We often receive questions about whether it is possible to buy rough diamonds to have them polished. It is, naturally, but there are some facts that are important to know if this is something you are considering.
Description: The Ultimate gift for an engagement ring. You control the whole design process. We help you select a Rough Uncut Diamond and create the cut of your choice. Then custom design the setting to put it in. Yes, this will be more expensive than purchasing an already cut diamond, but for the connoisseur who wants something special for their loved one, this is the ultimate experience. We will work with you to source the right size rough diamond from some of the worlds largest diamond miners. We can purchase in auction from DeBeers, Grib, Dominion, Alrosa or any other producer in the world. And yes, this process will take more time than just buying a diamond and a setting. We need time to make it perfect for you. We can also be your agent if you just want to purchase and collect rough diamonds. Then when you are ready, we can assist you in the cutting and certification process. We welcome all inquiries, and we will also buy rough uncut diamonds for ourself. Please show us your offers. We prefer to view in NYC. The price for Rough Uncut Diamonds is based on the color and clarity of the yield. So prices will vary dramatically. We will work within your budget. PLEASE don't try to click and check out for a purchase. This is for advertising only, and is a custom made to order item. The price can be anywhere from $10,000 to over one million.
According to Bain & Company, about 133 million carats of rough diamonds are produced each year. Botswana and Russia are the two largest producers; between them they have about half of the world's production. Australia, Angola, Namibia and Canada make up most of the rest.
That mine moves 8 million tons of rock a year and sells the rough diamonds for an average of $134 a carat. That's $1.5 billion in revenues, from a single mine. And it produces profit margins of 24 percent.
The producers then sell their rough diamonds to intermediaries who cut and polish the diamonds. It's a costly process: most rough diamonds lose 50 to 60 percent of their weight going to polished form because material is cut or polished away.
To lower production costs, diamond cutters are using sophisticated computer programs that map out the most efficient way to cut a diamond. In recent years, tremendous advances have been made using sophisticated laser cutting machines that can cut and polish diamonds with minimal human labor.
Of the 133 million carats produced, only half went toward jewelry. The rest went to lower-end industrial production, where diamonds are used for cutting, grinding and polishing, usually other diamonds. But they are the smallest, lowest value stones. The majority of diamonds for industrial use are now synthetically made.
This would indicate that prices for diamonds should be steady to slightly higher. Prices for bigger, higher-quality diamonds have indeed risen, but prices for smaller, more commercial stones have remained relatively flat or increased only modestly.
Demand is dictated by macroeconomic trends, or simply put, the state of the consumer. Prices are affected by economic booms and by recessions, like those in 2001 and 2008-2009. While prices did drop during the last global recession in 2008-2009, rough and polished diamond prices increased again in 2010 and 2011.
Because diamonds are a luxury item, demand growth is expected to parallel GDP growth. Slower GDP growth, which is now the expectation for the next couple years, particularly in the U.S. and Europe, is a problem for the diamond industry. (Read More: Diamonds Are a Great Way to Diversify - Expert.)
What's hot in diamonds right now? Big ones. The biggest increase in pricing has been for larger stones of two carats and above. For example, between 2006 and 2010, prices for a polished one-carat diamond went up 5 percent a year, but prices for a three-carat diamond went up 10 percent, while prices for a five-carat diamond increased 17 percent.
Another aspect that might affect diamond pricing in the future: improved acceptance of synthetic gem quality diamonds. Synthetic diamonds have been made for decades but are still largely confined to industrial uses. Prices would have to come down and consumers would have to accept the "value proposition" of synthetic diamonds. To date, none of that has happened.
If you wish to buy rough diamonds in order to cut them and resell them cut, there is a risk during the cutting: diamond can break because of a bad handling or an internal stress which would not have been detected. Your investment would then be lost entirely.
Our rough diamond prices (simulator and lists) can help you for your purchases. You can calculate the puchase price of a rough diamond according to its crystalline shape, its weight,its clarity and its color. Print the sheets of rough diamond prices.For more informations about our rough diamond prices subscription, please click: Rough Diamond Prices.
Analyze the rough diamond in order to determine precisely it's weight after polishing. Rough shape, inclusions, crystallizations deformations, internal stress must be observed attentively before any purchase:
When we think of diamonds, we imagine the sparkling, luxurious gems set in high-end jewellery. However, there is another, less talked about type of diamond: the uncut diamond. In this guide, we explore everything you need to know about buying uncut diamonds, including:
Cut diamonds, on the other hand, are the diamonds you typically see in jewellery stores. The way diamonds are cut determines the proportions, which in turn impact the way the stone reflects lights. Diamonds that are cut with better proportions exude more brilliance, making the dazzling stones perfect for jewellery.
Compared with cut diamonds, uncut diamonds are usually cheaper, given that cutting and polishing diamonds is a complex and expensive process. However, their affordability does not strictly mean they are the best investment option.
It is difficult to assess the potential quality and value of an uncut diamond as a polished stone, meaning industry experts consider there to be a greater risk involved. In addition, on average, diamonds can lose up to half of their carat weight during the cutting and polishing process, which will affect the final value of the diamond.
As previously mentioned, uncut diamonds are a lot cheaper than polished, cut diamonds. Without the processing (carating, cutting, polishing), uncut diamonds are vastly more affordable than their cut counterparts.
Uncut diamonds are an even rarer beauty than cut diamonds, as they scarcely adorn jewellery store windows. If you are buying a diamond as a gift, or to embed in jewellery, an uncut diamond, with its striking appearance and shape, may be the perfect option for those craving something different.
The luxury that a sparkling diamond exudes is breathtaking, making it perfect for jewellery and investments. An uncut diamond, while unique, lacks the eye-catching shine of a cut diamond. The colours of uncut diamonds can also impact the appearance of the stone, with too many yellow and brown tints spoiling the overall look of the diamond.
At BNT Diamonds, we sell certified cut diamonds that we purchase straight from the source to ensure you maximise your yield. If you need personal guidance to help you choose the right investment diamonds, please contact the experts at BNT Diamonds.
Uncut, also called raw or rough, diamonds are an unpolished and unshaped stone. They can be lab grown but are more often naturally mined and they vary in size. These diamonds are usually less expensive than cut diamonds - but does that mean you should opt for them? Not necessarily.
The sparkly diamonds you see on most engagement rings are cut diamonds. A cut diamond's value is based on the 4 C's: cut, carat, color, and clarity. Cut is the most important factor when determining value.
The most expensive diamonds will have the most flawless cut, the least amount of color, the fewest inclusions, and hopefully be large in size. It's hard to find a diamond that meets all 4 of the C's perfectly, but generally, the closer to perfection, the more expensive.
Rough diamonds don't have any sparkle. But its quality will go on to determine the cost of the finished cut diamond. The price of an uncut diamond is primarily related to its carat (size), clarity, and color.
Carat: Normally, the higher the carat weight, the more it costs. This is assuming that all other qualities are the same. A smaller rough that is clear could cost more than a larger rough that is yellow and has a lot of flaws.
Color: Most colorless (or white) diamonds have natural yellow or brown tints of color in them. The more color a diamond has, the less bright and lustrous it'll appear. The more colorless a diamond is, the more rare and expensive. 041b061a72