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Diamond Prices On Decline

Rapaport published the new list which reflects a decline in diamond prices.

The trade was expecting the decline after an harsh talk with martin Rapaport at the Israel Diamond Bursae. 

 
Large diamond found in state park

A large diamond of 4.68 carats was discovered in the Arkansas State Park on Saturday, in early September. Found in the Crater of Diamonds State Park in Murfreesboro, this is the 612th diamond to be discovered by visitors here. Since its first discovery in 1906, the park has so far produced approximately 75,000 diamonds. This is the only state park where visitors can search for diamonds and keep them. The ‘crater of diamonds' is a good region for surface hunting and some visitors have even been lucky to get stones as large as 16 carats. Also the current tropical depressions of Gustav and Ike have improved the possibilities of finding diamonds here. The 4.68 carat stone was found by Richard Burke, a retired high school teacher. He named the stone ‘Sweet Caroline' after the name of his wife and their favorite song by Neil Diamond.

 
Estate jewelry Prices on a Rise

Diamonds now shine brighter as major auction houses and estate jewelers now tap into the potential of celebrity regions.

 
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