Diamond Blog

Well, for all the people who are following our antique and diamond blog,
we apologize that we have been a bit lax lately due to all our
traveling.  However, we are now back!

Fresh from the famous antique jewelry show in miami, this is the
perfect time for us to comment on the status of the antique jewelry and
diamond business throughout the world.

Let’s first comment on who exactly showed up in miami, and who
stayed home. Our friends from the far east stayed home. Our friends
from China are still holding back, but we are starting to see them
slowly coming back.  Our friends from india are also starting
to come back, but they still have a long way to go.

How about our friends from Europe? Unfortunately, we still haven’t
seen them, especially our great customers from Italy. It seems to us
that the recession is still hurting the diamond and jewelry buyers
there. We also didn’t see many friends and dealers from the Arab
countries either.

We did, however, see alot of our friends from the U.S at the miami
show.  There were, of course, dealers from all across the country and
many private clients lining up to get into the show.

Diamonds are still in short supply so that has helped keep diamond
prices strong, but we do see a little bit of weakness in the price
of flawless and vvs diamonds. We think that until our friends from the
far east come back, the price of these diamonds will stay a bit
weak. Since our friends from the U.S. are still here, diamonds for
the U.S are still strong.  Big diamonds and VS to SI diamonds are
very strong and very hard to find. Also still very strong are fancy
color diamonds, especially blues, pinks and fancy yellows due to
the rarity of these diamonds.

Now onto antique jewelry.  As we said last year antique jewelry is
still in very short in supply. When there is a shortage in supply that
usually tells us the prices are very strong and that is exactly what we
saw.
Artdecodiamonds.com had a great show but prices for pristine
antique engagement rings and pristine jewelry (necklaces
and earrings particularly) were very strong and very hard to find.

One thing that wasn’t very hard to find was the weather, so when
we weren’t working, we were we did have gorgeous
waether!  Our next blog will discuss what is going on in Hong Kong, from
the big Hong Kong diamond show and we will comment about the
jewelry at the Oscars!

With the republican and democratic political conventions underway
artdecodimaonds.com doesn’t want to talk politics we want to talk who’s
wearing antique jewelry.

Well lets start with the republican nations convention , Mitt Romneys
wife for what we can see is wearing a gorgeous antique animal brooch.
Looks like everyone is talking about michelle obamas dress but we just
loved her sweet antique drop earrings.(

http://thelook.today.com/_news/2012/09/06/13703094-tracy-reese-michelle-obamas-dnc-dress-will-hit-shelves?lite)

(http://www.dailyherald.com/article/20120831/news/708319816/photos/AR/)

While former secretary of state madeline albright was sparring with Mitt
Romney over Israeli politics  we were swooning  over her  gorgeous
antique diamond brooch! We also haven’t seen any Hillary sightings but i
can guarantee you shell be wearing a beautiful diamond brooch!

With the conventions going full blast we see that antique diamond pins.

In our last blog we gave you the diddy, or “lowdown,” about the diamond
market in Hong Kong. However, we are now in Ramat gan buying clarity
enhanced diamonds for our web site discountdiamondringsonline.com

Lets give a little lesson about the diamond exchange, or bursar, as
they call it in Ramat Gan Israel. The bursar in Israel has taken over
as the
number 1 exchange over New York. The bursar in Israel is the first stop
for all of our friends from the far east. Instead of them coming to NYC
they come to Israel, and the place is sizzling.

Lets start with the diamonds discountdiamondringsonline.com needs
most. This
would be clarity enhanced diamonds of all shapes and sizes. Due to the
extremely high prices of Non-enhanced diamonds the prices of clarity
enhanced diamonds are going through the roof. Fancy shape diamonds
including cushion cuts, princess cuts and oval cut diamonds in all sizes
are very hard to find. The prices for cushion cuts and princess cuts are
so strong, due to such high demand.
Actually we see that Cushion cut enhanced diamonds diamonds are
bringing prices similar to clarity enhanced round diamond
prices. Asscher cut and princess cut diamonds are very strong today as
well. And, to a lesser extent pear shape and radiant cuts seem to be a
bit stronger.

Clarity enhanced Round diamond prices are still strong due to the
increased price of non enhanced round diamonds. Sizes from 1.00 cts
and up are so strong with the opening up of markets in Australia,
europe and russia.

So what will happen to the prices of diamonds and clarity enhanced
diamonds ? Will fancy cuts
(especially princess and cushion cuts) stay strong? Will round diamonds
get
stonger or weaker? These are the big questions and, of course, we will
stay tuned and answer them!

Well, time is flying, and it is that time of the year again. You may be
asking what time of the year it is?  Well, it’s the Las Vegas antique
and JCK jewelry shows. Trade shows, especially the big
las vegas shows, are so important for 2 reasons. We try to buy antique
jewelry and diamonds at these shows (sorry wholesale
only) and  we get a sense of where the diamond and antique jewelry
business is going. Let’s take a look:

1) diamond prices and antique jewelry, especially antique engagement
rings, are very strong. In Las Vegas we will see how the supply of
antique jewelry and diamonds is doing. If the supply is low, prices
will be strong. We suspect that this will be the case.

2) Who are the buyers?  Are our friends from the far east (specifically
china, india and the Arab countries) going to be buying? What’s happened
to the european and american markets?

The diamond and antique jewelry business is now a global market and
changes are always in the works. By going to the Las vegas shows we can
answer our 2 main questions and see where the business will be in the
upcomong year. We will see you after las vegas!