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ALROSA Polished Diamond Auction Achieves $3M
Oct 1, 2014 5:55 AM
By Deena Taylor
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RAPAPORT... ALROSA reported that its polished diamond auction in September achieved $2.976 million. The sale included 65 lots of goods totaling 192.91 carats .
The top lot was a 16-carat fancy yellow diamond that sold for $486,000, while a traditional round diamond, weighing over 10 carats, achieved $592,360.
A total of 56 companies participated in bidding during the auction that took place as part of the Hong Kong Gem & Jewelry Fair. Based on the auction results, there is a stable demand for polished diamonds on the market, according to ALROSA.
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Tags:
Alrosa, auction, Deena Taylor, diamond, diamonds, Hong Kong Gem & Jewelry Fair
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