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De Beers to Start Third-Party Polished Sales
Jun 13, 2017 8:26 AM
By Rapaport News
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RAPAPORT... De Beers’ first auction of other companies’ “exceptional”
polished diamonds will feature close to 50 stones, one of which weighs nearly
21 carats, the company said Tuesday.
All diamonds on offer at the inaugural sale on
June 29 either exceed 2.50 carats or have a fancy color, and have been confirmed
by De Beers’ grading laboratory — the International Institute of Diamond
Grading and Research (IIDGR) — as natural and untreated.
In addition to the cushion-cut, 20.64-carat, fancy light
yellow, VS2-clarity diamond, goods will include a pear-shaped, 7.21-carat,
D-color, flawless one, and two more cushion-cut diamonds — one a 1.57-carat,
fancy vivid yellow, internally flawless stone, and the other a fancy
yellow, VS1-clarity diamond weighing 5.53 carats.
All sellers must register in advance and comply with De
Beers’ auction-trading standards for diamond provenance and for seller and product
integrity, the miner said.
The pilot sale will take place on De Beers’ online auction
platform, enabling buyers and sellers to do business anonymously. The event
will occur on the same day as De Beers’ first sale of polished diamonds
manufactured directly from its own rough, so buyers can conveniently source
polished from both sales. |
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Tags:
Auctions, De Beers, IIDGR, International Institute of Diamond Grading Research, polished auctions, Rapaport News, yellow diamonds
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