The Next Era of Fancy Color Diamond Supply

By FCRF Team | 23.09.19
The Next Era of Fancy Color Diamond Supply

 

Secondhand market takes the lead over mining 

Over the last decade, traditional mining has failed to satisfy the market demand for exceptional Fancy Color Diamonds. At the same time, following the natural succession of generations, the pre-owned market for rare Fancy Color Diamonds seems to be taking the lead. The low volume of exotic, unearthed rough, doesn’t always land in the manufacturer’s hands. 

A Bain & Company report from 2013 indicated that about 2.1 billion carats of rough diamond reserves are waiting to be unearthed, which translates to about 1 billion carats of polished diamonds. On the other hand, an FCRF proprietary research indicates that 1.6 billion carats of polished diamonds were accumulated for centuries in people’s vaults, most of them during the 20th century. It is important to remember that a significant portion of these diamonds are too small to be unmounted and will never circulate back to the trade as loose diamonds.  Calculating the approximate volume of diamonds above and underground gives us a ...

Enter your details to read this article for free
All fields are required.
People who read this article, also read:
Auction Analysis
Pre-Auction Analysis: July 29 2020, Christie’s New York, Magnificent Jewels
Our Christie’s New York Pre-Auction Analysis focuses on elements that are hidden from the unprofessional eye. We will describe the important visual elements for those who cannot attend the preview and discuss characteristics such as: Undertone, Color Dispersion, and Inner-Grade (UDI; a detailed explanation appears at the bottom of this article). When we analyze and […]
Auction Analysis
Pre-Auction Analysis: July 22nd 2020, Christie’s Geneva Magnificent Jewels 
The Christie’s Geneva auction is the fourth major auction since the beginning of the Covid-19 lockdown. So far, the overall results reflect a stronger demand to what was expected during this economic crisis, especially in regards to the relatively low quality of the selection presented for sale.      Our Christie’s Geneva Pre-Auction Analysis focuses on elements […]
Auction Analysis
Pre-Auction Analysis: July 10th 2020, Sotheby’s Hong Kong Magnificent Jewels
As most of the industry has been prevented from flying during this special period and inspect the lots physically, we believe this current analysis is even more relevant than ever.  Our Sotheby’s Hong-Kong Pre-Auction Analysis focuses on elements that are hidden from the unprofessional eye. We will describe the important visual elements for those who […]
x close

To continue reading this article

Or

Shopping Cart

You cart is empty

+
Apply for Membership

Become a part of our community and get unlimited access to all of our innovative Tools and Articles

The FCRF App is now available for
Download Button
Continue To Website