Diamonds across time

Not so long ago, the global library of professional publications on precious stones was replenished with a unique book about rare diamonds and diamond jewelry published by the World Diamond Museum. Alex Popov, the founder and director of the museum told...

Yesterday

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21 december 2020

Antwerp’s rough tenders thrive despite pandemic

13 january 2021
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Image credit: First Element


Antwerp’s tender houses have been thriving in 2020, enabled by quick adaptations and continuity of operations in the Antwerp diamond square mile, AWDC reports.
Antwerp is home to a critical mass of buyers as well as the largest concentration of tender houses and representative offices of mining companies, enabling the successful conclusion of nearly 100 rough tenders, and more than 10,5 million carats of rough diamonds sold via tenders in 2020, despite the pandemic and consequent travel restrictions.
“What is important to note when comparing to other markets, is the percentage of bids we receive that are highly competitive which in turn results in the highest possible prices achieved per lot. This critical mass of buyers and bids is a result of Antwerp’s inclusivity of all buyers from across the world as well as the diverse polishing skill of all categories present in the market,” Johan Erikson, First Element says.
 
Alex Shishlo for Rough&Polished