Diamond Cost
The diamond prices on the market are strongly influenced by so called Rapaport Report diamond industry paper. Its author is Martin Rapaport. With this report dealers can find the pricing list for diamonds, based upon diamond’s grading. The Rapaport Report is a complex tool for the consumers.
Rapaport Report gives information about costs to dealers and other people in diamond industry that work with diamonds.
The diamond cut is last determinant of the diamond cost. A good cut diamond cost can be much higher than Rapaport cost assessment and of course if the diamond has a bad cut the cost may decrease.
The problem is that the diamond cut is not the part of the Rapaport Report. It is determined be each individual seller.
The diamond prices are only increasing so a potential buyer should be careful not to purchase the overpriced item.
You have to also watch out for large diamond discount because that might be an alarming sign that something is wrong with a diamond. It may have large inclusions or other defects.
Distribution Of Diamonds
Each diamonds travels through many stages till it is finally sold to individuals.
The first stage is the mining stage. The diamond is pulled out of the earth . There are few of the largest miners on the market and they have a massive control over production of diamonds.
These diamond miners offer diamonds to diamond manufacturers through Diamond Auctions.
The diamond manufacturers offer negotiated quantities to cutters who basically cut and shape these diamonds into the final stage. These cutters offer the loose diamonds to diamond sellers or so called merchants.
One of those merchants are Wonder Jewelers and Diamonds N Deals. And they sell the diamonds to individuals.