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Diamond reports from GIA (as well as other, for-profit sources) are now demanded by most consumers purchasing diamonds over a certain size, typically for over 0.5 carat (100 mg), and almost always for over 1.0 carat (200 mg), and are considered an important tool in guaranteeing that a diamond is accurately represented to a potential buyer.
Diamonds of this size, whether recycled or not, have a similar market price. It is impossible to tell the difference between a recycled one-carat diamond (as long as it is undamaged) and a "freshly mined" one-carat diamond with the same characteristics, and the market does not differentiate between them. [citation needed]
Neither of these changes makes the diamond appear any larger, and both greatly reduce the sparkle of the diamond. (A poorly cut 1.0-carat (200 mg) diamond may have the same diameter and appear as large as a 0.85-carat (170 mg) diamond.) The depth percentage is the overall quickest indication of the quality of the cut of a round brilliant ...
Industry experts anticipate an additional 15% to 20% price drop in diamonds over the next 12 months. The diamond industry is ‘in trouble’ after prices sunk 6% this year. A jewelry CEO blames ...
The Diamond Trading Company (DTC) is the rough diamond sales and distribution arm of the De Beers Group. The DTC sorts, values and sells about 35% of the world’s rough diamonds by value. [ 1 ] The DTC has a combination of wholly owned and joint venture operations in South Africa (DBSSSA), Botswana (DTCB and DBGSS), and Namibia ( NDTC ).
Some high-end fine jewelers have gotten on board with the trend. In 2023, jeweler Jean Dousset, the great-great-grandson of Louis Cartier, opened a showroom with “designer” lab-grown diamonds ...
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