Showing posts with label Diamond valuation. Show all posts
Showing posts with label Diamond valuation. Show all posts

Monday 27 February 2023

How are diamonds priced ?


Diamond Colour is one of the 4c’s used to calculated diamond value
Diamond Colour is one of the 4c’s used to calculated diamond value

Polished diamond prices are derived from a variety of factors, including supply and demand, the quality and characteristics of the individual diamond, and market conditions.

The prices of polished diamonds are primarily determined by the 4Cs: carat weight, colour, clarity, and cut. These factors are assessed by gemologists and other experts who evaluate the diamond’s physical properties, such as its size, colour, clarity, and overall quality of cut.

Other factors that may influence the price of polished diamonds include the type of diamond, such as whether it is a natural or lab-grown diamond, the country of origin, and the overall market conditions for diamonds. Additionally, the reputation and credibility of the seller or the dealer can also affect the price of the polished diamond.

Overall, polished diamond prices are determined by a complex combination of factors, and can fluctuate over time based on changes in supply and demand, market conditions, and other economic and industry factors.
There is no single diamond price list that accurately reflects the prices of all diamonds. This is because the price of a diamond depends on a number of factors, including its size, shape, colour, clarity, and other characteristics.

That being said, there are various industry-standard diamond price lists that are commonly used as references by professionals in the diamond trade. These lists are typically based on a standardized grading system and provide price ranges for diamonds of different sizes, shapes, and quality grades.

The most commonly used diamond price list is the Rapaport Diamond Report, which provides a benchmark price for diamonds based on their 4Cs grading (carat weight, colour, clarity, and cut). However, it is important to note that the Rapaport price list only reflects the wholesale price of diamonds and may not necessarily reflect the retail price that consumers will pay.

Other diamond price lists include the International Diamond Exchange Price List, the Idex Diamond Price Report, and the Polished Prices Diamond Index, among others. These price lists may differ in their methodologies and grading systems, and the prices they list may vary slightly from one another.

Ultimately, when buying or selling a diamond, it is important to work with a reputable and knowledgeable diamond professional who can help you evaluate the diamond’s characteristics and provide you with an accurate price estimate based on current market conditions.
Source: Michael Cohen DCLA

Tuesday 15 February 2022

AcuVal Jewellery valuation certificates

                    

Digital Jewellery #Valuation #Certificate in your personal Vault.

Or printed the hard copy for your files.

The best of both worlds at a fraction of the cost and updated every year for your #insurance requirements.

AcuVal is the safe and secure repository for your valuation certificates.

Keep records of your precious items up top date Always ready to send to your insurer or #jewellers.

Maintain a list of #jewellery items and track the value.

Your digital valuation certificate vault stores an accurate record of the value your valuables.

All on your Free AcuVal App on the App store or Download link here https://acuval.com.au/download/#download


Sunday 6 February 2022

Watch and Jewellery Valuations

If Require a watch or jewellery valuation for insurance.

AcuVal is the jewellery valuation App for you.


Simply download the Free App off the App store, and you are almost there.


A HD picture with your phone, and model and serial number is all the valuer will need to complete your valuation, all while your watch remains on your wrist.


No longer the need to leave you watch or jewellery with anyone.

AcuVal App for insurance valuations


The superior technology making your experience hassle free.


Free Download here: https://acuval.com.au

Tuesday 17 December 2019

CDI Certified diamond jewellery insurance

World-class Cover

Your insurance is underwritten by certain underwriters at Lloyd’s. Lloyd’s is the world’s specialist insurance and reinsurance market 

CDI Certified diamond jewellery insurance

World-class Cover

Your insurance is underwritten by certain underwriters at Lloyd’s. Lloyd’s is the world’s specialist insurance and reinsurance market 

Monday 14 January 2019

Angola to host first competitive diamond bid sale



The first competitive bid sale of large and premium quality diamonds from the Lulo diamond mine will take place on January 31, 2019, in the Angolan capital of Luanda.

According to a press release issued by Australia’s Lucapa Diamond, owner of a 40% stake in the prolific mine, the stones for sale will the first diamonds offered in a competitive process under the new diamond marketing policy enacted by President Joao Lourenco and the Angolan Council of Ministers.

The bid is organised in by state owned diamond trading firm SODIAM while the diamonds are being offered by Sociedade Mineira Do Lulo, which holds the alluvial mining licence to the Lulo concession and works in partnership with Lucapa, who has a 35-year license for the project. Empresa Nacional de Diamantes E.P. and Rosas & Petalas, also form part of the partnership.

Seven exceptional Lulo diamonds, including a 46 carat pink and six top colour Type IIa white gems ranging from 114 carats to 43 carats, will be showcased.

“Lulo diamonds have already established a reputation as being among the highest quality gems in the world. Together with our Angolan partners, Lucapa is delighted that SML will now start showcasing these exceptional diamonds to the strong interest shown by the world’s leading diamantaires,” Lucapa Diamond Chief Executive Officer, Stephen Wetherall, said in the media brief.

Lulo, a 3,000 square kilometre concession located in Angola’s diamond rich Lunda Norte region, hosts the world’s highest dollar per carat alluvial diamonds and has produced some of the largest gem-quality rocks in the planet.

Angola is the world’s No.4 diamond producer by value and No.6 by volume.

Source: DCLA

Angola to host first competitive diamond bid sale



The first competitive bid sale of large and premium quality diamonds from the Lulo diamond mine will take place on January 31, 2019, in the Angolan capital of Luanda.

According to a press release issued by Australia’s Lucapa Diamond, owner of a 40% stake in the prolific mine, the stones for sale will the first diamonds offered in a competitive process under the new diamond marketing policy enacted by President Joao Lourenco and the Angolan Council of Ministers.

The bid is organised in by state owned diamond trading firm SODIAM while the diamonds are being offered by Sociedade Mineira Do Lulo, which holds the alluvial mining licence to the Lulo concession and works in partnership with Lucapa, who has a 35-year license for the project. Empresa Nacional de Diamantes E.P. and Rosas & Petalas, also form part of the partnership.

Seven exceptional Lulo diamonds, including a 46 carat pink and six top colour Type IIa white gems ranging from 114 carats to 43 carats, will be showcased.

“Lulo diamonds have already established a reputation as being among the highest quality gems in the world. Together with our Angolan partners, Lucapa is delighted that SML will now start showcasing these exceptional diamonds to the strong interest shown by the world’s leading diamantaires,” Lucapa Diamond Chief Executive Officer, Stephen Wetherall, said in the media brief.

Lulo, a 3,000 square kilometre concession located in Angola’s diamond rich Lunda Norte region, hosts the world’s highest dollar per carat alluvial diamonds and has produced some of the largest gem-quality rocks in the planet.

Angola is the world’s No.4 diamond producer by value and No.6 by volume.

Source: DCLA

Tuesday 13 March 2018

“The Lesotho Legend” sells for $40 million



Gem Diamonds recovered the 910 carat rough diamond in January.
The world’s fifth biggest gem quality diamond ever found has sold for $40 million , the company that found the massive rough diamond reported.

Gem Diamonds mined the D colourType IIa rough diamond at its flagship Letšeng mine in Lesotho.
The Lesotho Legend was purchased by an anonymous buyer in Antwerp, the company said.

Prior to “The Lesotho Legend,” the largest rough diamond recovered at Letšeng was a 603 carat named Lesotho Promise.

Source: DCLA 

“The Lesotho Legend” sells for $40 million



Gem Diamonds recovered the 910 carat rough diamond in January.
The world’s fifth biggest gem quality diamond ever found has sold for $40 million , the company that found the massive rough diamond reported.

Gem Diamonds mined the D colourType IIa rough diamond at its flagship Letšeng mine in Lesotho.
The Lesotho Legend was purchased by an anonymous buyer in Antwerp, the company said.

Prior to “The Lesotho Legend,” the largest rough diamond recovered at Letšeng was a 603 carat named Lesotho Promise.

Source: DCLA 

Tuesday 9 January 2018

Diamond and Jewellery Insurance Valuations from the DCLA

Estate or new, make sure your jewellery is correctly valued for your 2018 insurance cover.

DCLA Jewellery insurance valuations are done in-house at the DCLA laboratory.


Now available directly to the public, no added fees or commissions.

Call us for an appointment. 02 92612104

Diamond and Jewellery Insurance Valuations from the DCLA

Estate or new, make sure your jewellery is correctly valued for your 2018 insurance cover.

DCLA Jewellery insurance valuations are done in-house at the DCLA laboratory.


Now available directly to the public, no added fees or commissions.

Call us for an appointment. 02 92612104

Tuesday 12 December 2017

Rough Demand Stable at $450M De Beers Sight



De Beers reported steady demand for rough diamonds at its December sight as sales showed an increase over the equivalent period last year.

The miner sold $450 million worth of rough in its final sales cycle of the year, including last week’s sight in Gaborone and its auctions, it reported Tuesday.

Provisional proceeds rose 6.6% compared with actual sales for the same period last year, though they slipped 3.4% from November sales.
Read More: diamonds.net

Rough Demand Stable at $450M De Beers Sight



De Beers reported steady demand for rough diamonds at its December sight as sales showed an increase over the equivalent period last year.

The miner sold $450 million worth of rough in its final sales cycle of the year, including last week’s sight in Gaborone and its auctions, it reported Tuesday.

Provisional proceeds rose 6.6% compared with actual sales for the same period last year, though they slipped 3.4% from November sales.
Read More: diamonds.net

Sunday 12 November 2017

Synthetic Diamond Fraudulently Inscribed To Match Natural Diamond Report

Improvements in diamond growth technology and methods have led to a noticeable increase in colorless synthetic gem diamonds in recent years. Concerns in the diamond industry focus on laboratory-grown diamonds not being properly disclosed or even being sold as natural stones. Through careful examination and analysis, gemological laboratories can separate natural from synthetic diamonds. Occasionally, however, fraud is involved in attempting to conceal a gem’s identity. The Carlsbad laboratory witnessed such an attempt.
On this occasion, a round brilliant cut (figure 1, left) was submitted for an updated diamond grading report. Its girdle was inscribed with an actual GIA report number issued in 2015 (figure 1, right). The older report was for a natural, untreated diamond and contained the following grading information: 1.74 ct, round brilliant cut, D color, Excellent cut grade, and VVS1 clarity. Upon grading, the new submission was described as a 1.76 ct round brilliant cut with F color, Excellent cut grade, and VS1 clarity. Moreover, our screening processes determined that the newly submitted sample needed additional testing to determine its origin. This examination revealed it to be an HPHT-grown synthetic diamond. Synthetic cuboctahedral growth structure and phosphorescence were clearly visible in DiamondView imaging (figure 2).
DiamondView imaging of synthetic growth structure and blue fluorescence.
Figure 2. DiamondView imaging showed the synthetic growth structure and blue phosphorescence typical of HPHT-grown synthetic diamonds.
Aside from the observed discrepancies in weight (1.74 vs. 1.76 ct), color (D vs. F), and clarity (VVS1 vs. VS1), FTIR spectra clearly showed that these were not the same diamond. The natural diamond from the original report was type Ia with aggregated nitrogen impurities, while the new one was type IIb with boron impurities (figure 3). Careful examination of the report number inscribed on the synthetic diamond revealed a font different from the one used by GIA, proving that it was not an authentic inscription.
FTIR absorption spectra of natural and synthetic diamond.
Figure 3. FTIR absorption spectra revealed that the synthetic diamond was type IIb, whereas the fraudulently inscribed report number referred to a natural type Ia diamond. The spectra are offset for clarity.
While most synthetic diamonds that come to the laboratory are properly disclosed, some are submitted out of concern that a stone presented as natural might be synthetic. Rarely do we encounter the type of blatant fraud described here. It is important for the industry and public to exercise caution, because these types of misleading practices do occur. We believe the submitting client noticed inconsistencies with the GIA report information and sent it to the lab for an updated report. If any doubt exists or some aspect of a diamond (such as an inscription) seems odd, the stone should be sent to a gemological laboratory for verification.
Source: GIA Education

Synthetic Diamond Fraudulently Inscribed To Match Natural Diamond Report

Improvements in diamond growth technology and methods have led to a noticeable increase in colorless synthetic gem diamonds in recent years. Concerns in the diamond industry focus on laboratory-grown diamonds not being properly disclosed or even being sold as natural stones. Through careful examination and analysis, gemological laboratories can separate natural from synthetic diamonds. Occasionally, however, fraud is involved in attempting to conceal a gem’s identity. The Carlsbad laboratory witnessed such an attempt.
On this occasion, a round brilliant cut (figure 1, left) was submitted for an updated diamond grading report. Its girdle was inscribed with an actual GIA report number issued in 2015 (figure 1, right). The older report was for a natural, untreated diamond and contained the following grading information: 1.74 ct, round brilliant cut, D color, Excellent cut grade, and VVS1 clarity. Upon grading, the new submission was described as a 1.76 ct round brilliant cut with F color, Excellent cut grade, and VS1 clarity. Moreover, our screening processes determined that the newly submitted sample needed additional testing to determine its origin. This examination revealed it to be an HPHT-grown synthetic diamond. Synthetic cuboctahedral growth structure and phosphorescence were clearly visible in DiamondView imaging (figure 2).
DiamondView imaging of synthetic growth structure and blue fluorescence.
Figure 2. DiamondView imaging showed the synthetic growth structure and blue phosphorescence typical of HPHT-grown synthetic diamonds.
Aside from the observed discrepancies in weight (1.74 vs. 1.76 ct), color (D vs. F), and clarity (VVS1 vs. VS1), FTIR spectra clearly showed that these were not the same diamond. The natural diamond from the original report was type Ia with aggregated nitrogen impurities, while the new one was type IIb with boron impurities (figure 3). Careful examination of the report number inscribed on the synthetic diamond revealed a font different from the one used by GIA, proving that it was not an authentic inscription.
FTIR absorption spectra of natural and synthetic diamond.
Figure 3. FTIR absorption spectra revealed that the synthetic diamond was type IIb, whereas the fraudulently inscribed report number referred to a natural type Ia diamond. The spectra are offset for clarity.
While most synthetic diamonds that come to the laboratory are properly disclosed, some are submitted out of concern that a stone presented as natural might be synthetic. Rarely do we encounter the type of blatant fraud described here. It is important for the industry and public to exercise caution, because these types of misleading practices do occur. We believe the submitting client noticed inconsistencies with the GIA report information and sent it to the lab for an updated report. If any doubt exists or some aspect of a diamond (such as an inscription) seems odd, the stone should be sent to a gemological laboratory for verification.
Source: GIA Education

Wednesday 1 November 2017

$42M Expected For Pink Diamond At Christie’s Auction



An Oval Cut Fancy Vivid Pink Diamond  goes under the hammer at the Christie’s Magnificent Jewels sale this month.
The 14.93 carat  Type IIa VVS1 clarity  Oval Diamond, named the Pink Promise is estimated to sell for between $28 million to $42 million USD.

Source: DCLA 

$42M Expected For Pink Diamond At Christie’s Auction



An Oval Cut Fancy Vivid Pink Diamond  goes under the hammer at the Christie’s Magnificent Jewels sale this month.
The 14.93 carat  Type IIa VVS1 clarity  Oval Diamond, named the Pink Promise is estimated to sell for between $28 million to $42 million USD.

Source: DCLA 

Monday 11 September 2017

Selling Your Diamond

 Sell My Diamond
If you are you considering selling your diamond,

but feel as though you have no idea how or where to begin with the process?

This article will give you a few tips to help you along the way.

Read More: DCLA

Russia’s Alrosa says output stable amid Western sanctions

Russian diamond miner Alrosa has no plans to reduce production amid tougher Western sanctions, its chief executive Pavel Marinychev said on ...