These diamonds are the result of their production of rough diamonds under the contract with the auction division of De Beers in order to assess what will be the range of diamonds. Polished diamonds will have a classification certificates of the International Institute of diamond classification and research (International Institute of Diamond Grading & Research , IIDGR) and GIA (Gemological Institute of America, GIA) .
The pilot will provide auction auction division of De Beers an opportunity to assess consumer demand for diamonds through this channel.
Neil Ventura (Neil Ventura), executive vice president of auction Division De Beers Group, said: "We have a limited number of diamonds of a wide range, so the commercial sense for us to experience the auction on our existing platform."
"We are interested in, to check the level of demand from buyers for diamonds that have a clear and attractive source of origin, and which provide a guarantee of product integrity, as evidenced by the double certification. In addition, the successful auction and will generate an additional target price in US dollars per carat. In addition, it will complement ongoing contact and commodity auctions allow buyers to fill gaps in supply and commodity stocks, unless they are able to secure supply to our markets and forward auctions on realization of rough diamonds, "- he added.
De Beers occasionally uses outside contractors for cutting and polishing part of its diamonds, in order to better understand the extent to which they meet the requirements of customers after their cut.
All registered buyers of the auction De Beers units will be eligible to participate in the bidding at the auction, which will take place on June 29, 2017.
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Federation of the Swiss Watch Industry (Federation of the Swiss Watch Industry) reported that exports of watches in real terms increased by 8.5% in March this year, up to 2 million units. Also, Swiss watch exports rose by 7.5% in value to $ 1.59 billion compared to the same period last year, after 20 months of consecutive decline. After nearly two years of contraction, the Swiss watch industry is finally restored thanks to sales in the watch and jewelry in China and Hong Kong markets.
Growth was recorded in the three major markets: exports to Hong Kong rose by 18% to $ 209.7 million; in the United States -. 15.6%, to $ 170.5 million, while exports to China increased by 38% to $ 129.7 million
According to the Federation, "Hong Kong, who briefly showed signs of recovery finally terminated the period of sharp decline, which lasted 25 consecutive months. Recovery observed in China since last summer, even more intensified due to a significant increase in the March. "
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