Color is probably one of the most elusive and captivating characteristics of a diamond. Color is graded from D to Z – from colorless to brown or light yellow. The closer a diamond's color is to D, the more colorless it is and the higher its value. Diamonds of different colors will differ dramatically in value.
2015 is looking up to be year in which rough diamond production sees a slight upticks, although it seems that one of Africa's major suppliers is all tapped out.
Clarity, one of diamonds' four basic ‘C’s, refers to how free a diamond is from inclusions and blemishes, internal and external features that negatively affect a diamond's shine, beauty, light refraction and its value.
This was a week that saw two landmark events take place in the diamond industry.
First, there were the Hong Kong trade fairs, one of the most anticipated events of the year. The other was a meeting that took place in London, which may prove to be as important, if not more important.
I have been quoted in Knightfrank.com about my vision of creating a total transparency pricing system for diamonds. You can read my comments here.