The conference will be held in September. As always, all proceeds of the conference will be donated to the Jewelers for Children and Fair Trade Diamond and Jewelry Association charities.

THE INDUSTRY'S PRIMARY SOURCE FOR DIAMOND PRICE AND MARKET INFORMATION

The Rapaport Price List is the industry's primary source of diamond price and market information. It is the international standard used to establish prices in all the major markets. Listings of diamonds for sale in the Price List and on our RapNet Diamond Trading Network website provide hard data about availability and discount levels. The Rapaport Price List is included in the subscription to the Rapaport Magazine which also provides the latest news, global market reports and the best in-depth analysis of the diamond markets. Rapaport is the report to read if you want to know what is really going on in the diamond and jewelry industry.

WHY YOU SHOULD SUBSCRIBE NOW

Diamond Prices The Rapaport Price List will ensure that you buy and sell at the right prices. The money you can save on just one transaction will more than justify the annual subscription fee.

Discount and Availability Information The Rapaport Price list specifies stones for sale with price and cut information. This hard data lets you know what is available for sale and provides critical information about discount levels for specific sizes and qualities.

News and Market Reports We cover the world market in real time. You get all the news and the best analysis fast — in print and on the internet. We don’t just report the news, we explain how it will impact your bottom line.

Maintain Your Competitive Edge Your subscription to the Rapaport Price List will keep you as polished as the diamonds you sell.

HOW TO SUBSCRIBE

To subscribe to the Rapaport Magazine, call 877-987-3400,
or click here NOW!

Rapaport Trading Services provide strategic, technical and logistic support for firms that wish to buy or sell diamonds and jewelry. The Rapaport Group operates trading offices with expert staff in New York, Antwerp, Vicenza, Ramat Gan, Mumbai, Hong Kong, and Shanghai.

Rapaport companies in these locations are government licensed to trade in diamonds and jewelry and have local staff that includes expert gemologist traders and marketing experts. The Rapaport Group is uniquely suited to help clients source product or penetrate new markets for their products. If you are interested in establishing a trade relationship, please contact the manager of any of our offices or email trade@diamonds.net.

Rapaport offices are fully compliant with all local and international regulations, including the Kimberley Process and U.S. Patriot Act. In addition, we apply our own Best Practice Principles to assure that all the products we buy or sell are derived from legitimate sources. Accordingly, we reserve the right to refuse to deal with any company or individual.

SERVICES

Services provided by the trading department include strategic assessment of client needs, sourcing, quality control, purchasing, payments, foreign currency transactions, shipping, insurance, handling, marketing, customer development, sales, collections, fulfillment and global tenders. We specialize in developing relationships in emerging markets including India, and China. If you are in the diamond or jewelry business and would like to develop opportunities for sourcing or sales/marketing in any of the countries we have offices— Rapaport can take care of you.

STANDARD TERMS OF SALE

While it is common for buyers and sellers to negotiate terms for transactions including memo, credit and return privileges, our standard trading services provide for efficient cash transactions. Unless otherwise specified, our standard terms of sale are:

Cash FOB Rapaport New York or other specified Rapaport office. Release of goods upon payment by verified bank check or irrevocable bank wire. Prices quoted are net to the buyer and include all clearinghouse fees and commissions, which are added to the sellers’ price. All sales are final.

Merchandise is offered for sale subject to availability and prior sale. Unless otherwise specified, buyers can examine items in our office before buying. All buy requests are subject to the buyer conditions. Buyers make no firm commitment to buy when posting a buy request.

Firm bids must be accompanied by bank check or irrevocable wire transfer. Firm bids may be made subject to inspection, provided seller agrees. Buyers may then examine the diamonds in our office. If the item is not suitable, all money will be returned to the buyer on the next business day.

In the event of a dispute, Rapaport reserves the right to refund money to the buyer and return merchandise to the seller. In all instances, Rapaport’s liability is limited to the refund of all monies received from the buyer. Rapaport hereby gives notice that we are not responsible for any incidental, collateral or other damages.

SHIPPING

The seller pays all shipping and insurance charges to Rapaport and the buyer pays all shipping and insurance charges from Rapaport. In the event that the seller agrees to memo terms, the buyer pays all shipping, insurance and handling costs from and to Rapaport. Standard memo terms are 3 business days at the buyer’s location.

GRADING REPORTS

For all transactions involving a diamond grading report, Rapaport guarantees that the diamond delivered matches the diamond referred to in the grading report. Rapaport does not guarantee the color, clarity, cut or quality of any diamond or the accuracy of any grading report or certificate. Buyers are warned that diamond grading is subject to human error. It is the buyer’s responsibility to verify the suitability of an item and the accuracy of any certification or grading report. Buyers should carefully examine all stones or jewelry before buying.

BUYING AND SELLING OFFICES

Rapaport offices provide access to international diamond markets. They handle all payments, security, shipping and legal compliance on behalf of clients. Trading offices can coordinate travel arrangements and make buying trips a pleasurable, efficient and profitable experience.

CONSIGNMENTS AND SHIPPING

Before shipping any product to a Rapaport office, the sender must notify the trading desk at that office and receive permission to ship. Product may not be received without approval. Some countries do not allow the importation of diamonds/jewelry or there may be excessive import taxes.

Once diamonds are received by Rapaport, they are registered under the name of the sender and remain their property until sold. Rapaport has standard block policy insurance covering all merchandise in our possession.

CLEARINGHOUSE SERVICES

Rapaport accepts payment for sellers and guarantees physical delivery of the diamonds for buyers. Money is sent to Rapaport by the buyer and held until such time as the product is shipped to the buyer. Once the buyer approves the merchandise, Rapaport releases the money to the seller. In the event the buyer does not approve the product money is released to the buyer upon sellers confirmation that product has been returned.

For additional information, contact:
New York Trading Desk, Rapaport Diamond Corporation
1212 Avenue of the Americas, Suite 1103, New York, NY 10036 USA
Tel: 1-212-354-9800 Fax: 1-212-302-8046
Email: trade@diamonds.net

The Rapaport Group holds tender auctions for diamonds, gems and jewelry. The tender auction system creates a highly transparent and efficient cash market, enabling motivated sellers and buyers to obtain fair pricing. A wide variety of products are tendered including rough diamonds, inexpensive polished diamonds and jewelry from pawn shops, parcels of well made polished, individual diamonds with GIA and other grading reports and various assortments of gems and jewelry. Tender auctions can be held in a number of locations including New York, Antwerp, Ramat Gan, Mumbai, and Shanghai.

All tender auctions are managed and operated by Rapaport who takes full responsibility for the marketing of the tender auction, Patriot Act and other compliance issues, security, delivery of merchandise, and all payments. Specialized tenders can be arranged upon request. The terms, conditions and schedule of tender auctions are posted online at www.diamonds.net/tenders. Firms and individuals that would like to participate in tender auctions as buyers or sellers are encouraged to contact Rapaport via Email tenders@diamonds.net.

The Rapaport Group takes a strong proactive role promoting and implementing corporate responsibility programs around the world. Internal controls and audits ensure that our companies are in full compliance with local and international laws. The group's in-house compliance team includes experienced lawyers who monitor all our activities and strict adherence to best practice principles. Independent external audits ensure full compliance with all aspects of the Kimberley Process, U.S. Patriot Act, antimoney laundering regulations and other regulations.

Rapaport's corporate responsibility activities extend well beyond commercial activities. Our mission transcends the standard corporate goals of profit maximization and “adding shareholder value.” We believe that the private sector has a critical and irreplaceable role to play, driving sustainable economic development in the poorest countries of the world. We are committed to using our economic power and strategic positioning in the diamond and jewelry industry to help artisanal diggers and other disadvantaged groups obtain economic self sufficiency. The Rapaport Group regularly donates at least ten percent of profits to charity and initiates programs to alleviate poverty in Africa and elsewhere. Additional information is available at www.rapaport.com/corp-responsibility.

Industry Participation includes: Members of World Diamond Council, New York Diamond Dealers Club, U.S.-Diamond Manufacturers and Importers Association, Jewelers Vigilance Committee, Antwerp Diamond Bourse, Israel Diamond Exchange, Israel Diamond Manufacturers Association, India Gem and Jewelry Promotion Council, Dubai Diamond Exchange, Shanghai Diamond Exchange.