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Press Release: Fancy Color Research Foundation Launches Mobile Website
Mar 19, 2015 7:01 AM
By FCRF
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Press Release: The Fancy Color Research Foundation (FCRF), which launched in November 2014 to measure and analyze the performance of this rare category of diamonds, has unveiled its new mobile website. This will enable members to access the breadth of research data and analysis collated by the foundation over the past decade remotely.
Benefits of membership include access to:
• The Index, developed by the Foundation from proprietary access to tens of thousands of fancy color diamond transactions since 2005 that will continue to be updated on a quarterly basis
• Real-time updates on auction results, analysis of sales and educational tools released by the Foundation
• Publications such as the Fancy Color Diamond Book, an upcoming publication on valuing fancy color diamonds and additional online tools
Further information regarding applications for membership is available at fcresearch.org (payment can now be carried out online).
About FCRF
The FCRF is an independent, non-profit organization formed to promote fair trade, ethics and transparency in the fancy color diamond retail, wholesale and mining industry. The FCRF activity includes the development of innovative research and digital tools that will support the fancy color diamond retail selling process for consumers, retailers and collectors; the promotion of fair trade in fancy color diamonds throughout the value chain underpinned by reliable data analysis to create a uniform knowledge base across all industry layers and the authoring of publications to clarify the complex methodology for evaluating fancy color diamonds;
Membership in the FCRF is open to retailers, auction houses, wholesale traders/manufacturers, financial institutions, insurance appraisers and mining companies. Organizations interested in membership of The FCRF should visit fcresearch.org to register details.
About the Fancy Color Diamond Index
The Index is a first-of-its-kind tracker of changes in the market prices of yellow, pink and blue fancy color diamonds, the three most commonly traded fancy color diamond categories (a market price is a wholesale transaction taking place in one or more of the global diamond trading centers).
The Index is a composite representation of changes in price points gathered since 2005, based on a statistically significant sample size. It offers insight into variations in the appreciation of diamonds of different colors and sizes.
The Fancy Color Research Foundation oversees proprietary prevalence and pricing data aggregation and production of the index. A third-party New York-based audit firm reviews the development of The Index from the various data points gathered.
Rapaport News is not responsible for, and does not endorse, the content of any third-party press release. This is not a Rapaport Press Release. It has been provided as additional information for our clients.
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FCRF
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