THE 5Cs OF DIAMOND PRICING
Professional traders begin by considering the well-known 4Cs before anything else, often before even setting their eyes on the diamond itself. These 4Cs are Carat, Colour, Clarity and Cut. But there is a 5th C which very few people know about. Ehud Arye Laniado is a consummate expert on the measure he calls the 5th C – Comments and other irregularities.
PRICING DIAMONDS FROM THE ROUGH
To determine the accurate price of rough diamonds requires both an in-depth technical knowledge of rough and polished diamonds and a thorough mastery of the international diamond markets at any given moment. It is a knowledge base and a rare expertise which few individuals in the world possess. Ehud Arye Laniado is one of them. Before diamonds can be priced they need to be sorted with precision. Like people, diamonds are unique and no two are exactly the same.
FROM THE 5Cs TO A DIAMOND PRICING SYSTEM
The polished diamond pricing system uses detailed criteria which enable a buyer to ask a seller key questions remotely over the phone and confidently know whether a stone is appropriately priced, without seeing it in person.
There are 3 pivotal factors which ensure Laniado’s polished diamond pricing system operates with precision.