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Israel Diamond Week in NY Buyers Seeking Large and Colored Goods

Oct 21, 2015 8:10 AM   By Rapaport News
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RAPAPORT... Sellers at Israel Diamond Week now going on at New York's Diamond Dealers Club say that buyers are showing much interest in colored diamonds and larger-sized goods.

The event has drawn more than 170 exhibitors into the Manhattan DDC offices, including more than 100 from Israel, DDC managing director David Lasher told Rapaport News by phone on October 21.

"People came ready to buy for the holidays and the momentum of the show is carrying through the week," Lasher said. "The sales are bringing up sentiment in New York."

In addition to colored and large diamonds, Lasher said a number of participants said there was more-than-usual buying of smaller, "American-style goods for retail, with at least one transaction" topping $2 million in total.

A dealer who asked not to be identified said he was finding buyers looking for "very specific goods at specific prices."

The event wraps up at the close of business on October 22.
Tags: David Lasher, DDC, Diamond Dealers Club, Israel, Israel Diamond Week in NY, Rapaport News
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