Today over at Diamonds2Cash we had a customer request a quote, looking to sell a diamond. We ran the numbers like we always do and came up with an estimated value of what we would pay for the item in the current market. We provided an estimate of $2,400 to the seller. She wrote back […]
Author Archives: admin
EGL USA becomes GHI
It has been just over a year since I last posted about EGL International / EGL USA and the ‘fight’ with Martin Rapaport who decided to kick the labs out of his diamond trading network. Check out EGL Everywhere Vs. Martin Rapaport and EGL International Shutting Down for some back story. So what has happened in […]
Color Changing Diamonds Enter The Market
The GIA sent out a laboratory alert today, informing everyone that they have found a new diamond treatment. They currently do not know how it is happening, but they have described the issue as a treatment that temporarily changes the color. Someone is essentially whitening the diamond (maybe they are using Crest Whitestrips!) , then […]
Hong Kong Jewelry Show – March 2015
A quick report from the trenches, I attended the Hong Kong Jewelry show in March 2015. They have a show every 3 or 4 months in Hong Kong – with the biggest being in September (but they are all big). The show is actually spread over two events, one in downtown Hong Kong and the […]
Recutting an Old European 1.56ct Diamond
There are some people out there who will gasp at what I am about to do, as they think these diamonds are precious. Someone Google’ed sell diamond and we ended up buying this 1.56ct Old European cut diamond. From the photos you can see the diamond looks nothing like a modern round brilliant cut. I have […]
EGL International Shutting Down
I wrote a couple posts a few weeks back, one was a press release done by EGL USA. The other was my take on what was going on, how EGL would be out of business by October 2015. Seems Mr. Rapaport’s move to eliminate the competition has been quicker than I expected. The EGL International […]
Diamond Naturals
On many diamond reports you will see a clarity characteristic of natural, or indented natural. A natural is part of the rough diamond skin, where it was not polished. Often they are confused as chips or damage to the diamond but they do look different than a chip. See this post for photos of rough […]
EGL Everywhere Vs. Martin Rapaport
There is a battle going on in the diamond world these days. People outside the industry will never hear about it of course, it is strictly at the trade level. Let me give you a real high level overview of what has been going on. The Diamond Battles 1) EGL International has been over grading […]
The Truth about Honest Grading: An Open Letter to Martin Rapaport
I received the letter below from EGL USA’s Mitch Jakubovic (reprinted with permission). In my opinion EGL USA is in a fight for it’s life (and will probably not win), I will do another post about what is going on between EGL and Rapaport in another post… here is the letter EGL USA is trying […]
The Nitza Lerner Rolex 168000 – 2nd Update
I previously posted about a Rolex 168000 from Nitza Lerner Fine Watches, how I suspected the dial was not original. Rolex Service Centre (RSC) has had the watch now for several weeks, they said I would get a call on October 21. Sure enough I got the call. They have gone over the entire watch […]