Where To Buy Rough Diamonds Page

Rough diamonds typically move from mines to the market through three primary channels:

: A critical hub for the industry, as approximately 80% of the world's diamonds are cut and polished here. Major markets like Mini Bazaar and Mahidharpura (Moti Bazaar) are central for both buying and selling rough stones. where to buy rough diamonds

: The most common method, accounting for roughly 65% of sales. Large producers like De Beers sell to a pre-approved list of "sightholders" who purchase large "sights" or allocations of stones. Rough diamonds typically move from mines to the

: Always ask for KPCS papers and check for authenticity and origin before completing a transaction. Large producers like De Beers sell to a

: Under the Clean Diamond Trade Act , it is illegal to import or export rough diamonds to or from the U.S. without a Kimberley Process Certificate . This document guarantees the stones were sourced from conflict-free regions.

: An increasingly dominant player in the rough diamond trade, Dubai regularly hosts auctions and is home to numerous wholesalers. Major Sales Channels

Valuing a rough diamond is significantly more difficult than valuing a polished one because of the uncertainty regarding the final yield.