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Israel Scoops 80ct. Diamond for Annual Fair

Jan 1, 2017 8:30 AM   By Rapaport News
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RAPAPORT... ALROSA will auction an 80.59-carat polished diamond in Israel next month, with the stone headlining the company’s sale of special-size rough and polished goods.

The miner will offer the ‘Star of Viluysk’ diamond as the centerpiece of its tender at the sixth International Diamond Week in Israel from February 13 to 16. ALROSA will also auction 108 rough diamonds ranging from 11 carats to 199 carats, as well as white and fancy-color polished diamonds starting at 10 carats.

ALROSA has regularly held rough and polished tenders in Israel, having signed a memorandum of understanding in 2015 to increase cooperation with the Israel Diamond Exchange (IDE). ALROSA president Andrey Zharkov will attend the upcoming diamond week as a guest of honor and meet IDE leaders to discuss specific terms of the agreement.

Correction, January 26: The Israel Diamond Institute issued a correction saying ALROSA will auction 108 rough diamonds, not 108 boxes as was previously reported.
Tags: Alrosa, andrey zharkov, Auctions, IDE, International Diamond Week in Israel, Israel, Israel Diamond Exchange, Polished Diamonds, Rapaport News, Russia, Star of Viluysk
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