Ring Of The Day!
Today’s Ring Of The Day is this stunning Art Deco Platinum Old European Cut Diamond Engagement Ring Circa Early 1900′s. This gorgeous art deco platinum engagement ring contains 1 center old european cut diamond weighing approximately 0.25 carats with approximate H color and VS clarity. Impress that special someone with this one of a kind ring!
Diamond prices from Ramat Gan Israel
In our last blog we gave you the diddy, or “lowdown,” about the diamond
market in Hong Kong. However, we are now in Ramar gan buying diamonds and
antique diamonds for our web site Artdecodiamonds.com
Lets give a little lesson about the diamond exchange, or bursar, as
they call it in Ramat Gan Israel. The bursar in Israel has taken over
number 1 exchange over New York. The bursar in Israel is the first stop
for all of our friends from the far east. Instead of them coming to NYC
they come to Israel, and the place is sizzling.
Lets start with the diamonds artdecodiamonds.com needs most. This
would be the modern and antique cushion cut diamonds. They are
buy. The prices for cushion cuts are so strong, due to such high demand.
Cushion cut diamonds are bringing prices similar to round diamond
prices. Asscher cut and princess cut diamonds are very stong today as
well. And, to a lesser extent pear shape and radiant cuts seem to be a
Round diamond prices are still strong but have lessened a little bit
due to the weakness of the european and american markets, and of
course our friends from the Far east.
So what will happen to the prices of diamonds? Will fancy cuts
(especially antique diamonds) stay strong? Will round diamonds get
stonger or weaker? These are the big questions and, of course, we will
stay tuned and answer them!
The Lowdown about Hong Kong show and the diamond show!
Since our traveling is done for the month, and with Bozz Scaggs
playing in NYC this week (hopefully singing my favorite song
“Lowdown”), I want to give you the “Lowdown” about Hong Kong and the
European markets. Let me begin with the lowdown about Hong Kong.
My sources tell me that the Hong Kong show was slow. Prices for
diamonds are still extremely strong. As we have stated before, with the
European market in a state of flux and the American market slow, the
trading for this sector of the world is slow. But since the supply of
VS2-I1 diamonds is very low, the prices are staying strong.
In the past few years with the American market slow, we have turned
to our friends in the Far east to try to pull us out of these doldrums.
However, that didn’t happen. Usually our friends from India are strong
buyers, but with their currency being devalued by 20 percent they are
certainly not buying.
Next we turn to our old dependable Chinese market. With the
slowdown in their market and real estate in a state of flux they were
As we have mentioned previously, friends in the Arab countries are
back and buying Fancy colors, especially Canary diamonds. So, in
fact, Canary diamond prices are rising.
So right now the world is in a state of flux. Supply is low,
demand is down, but the prices still stay very strong. Our next blog
will be from Israel and the world famous diamond exchange in Ramat
Gan.. see you then!
Summer Vacation Shows
Well summer vacation is coming, and before we go away for the 4th of
July we want to tell you about the las Vegas antique and diamond show.
The Las Vegas antique show really gives diamond and antique dealers a good feel for where the jewelry business is heading. Here are our thoughts:
1). It seems the Indian market is slowing down (as we write this blog), due to their currency decreasing by approximately 20 percent, so the Indian market was quiet. The rest of the far east (specifically china) was a bit on the quiet side as well.
But, as we stated before, we see a resurgence of the Arab markets,
specifically fancy yellow diamonds and larger white fancy shape diamonds.
It also seems that the big u.s. Market is at a stand still and the
European markets are quiet due to the whole european crisis.
Pristine antique jewelry, specifically antique engagement rings and
diamonds, are still bringing very strong prices. Even though the
worlds markets have quieted down there still are many people who
want antique jewelry and diamonds. The supply of diamonds and
antique rings are very low so this is also keeping the prices very
strong. So nothing has really changed in the fact that the supply of larger white diamonds, fancy colored diamonds and antique and estate jewelry have kept the prices sizzling for the near future. However, as we know, the more things stay the same the more they change.
Our next blog will be about the upcoming hong kong jewelry show…have a good holiday
Las Vegas Antique Trade Show
Well, time is flying, and it is that time of the year again. You may be
asking what time of the year it is? Well, it’s the Las Vegas antique
and JCK jewelry shows. Trade shows, especially the big
las vegas shows, are so important for 2 reasons. We try to buy antique
jewelry and diamonds at these shows (sorry wholesale
only) and we get a sense of where the diamond and antique jewelry
business is going. Let’s take a look:
1) diamond prices and antique jewelry, especially antique engagement
rings, are very strong. In Las Vegas we will see how the supply of
antique jewelry and diamonds is doing. If the supply is low, prices
will be strong. We suspect that this will be the case.
2) Who are the buyers? Are our friends from the far east (specifically
china, india and the Arab countries) going to be buying? What’s happened
to the european and american markets?
The diamond and antique jewelry business is now a global market and
changes are always in the works. By going to the Las vegas shows we can
answer our 2 main questions and see where the business will be in the
upcomong year. We will see you after las vegas!
After discussing the all important Bazal show and the price increases in fancy color diamonds, lets turn our heads and discuss fancy color diamonds, specifically canary diamonds or fancy yellows. Fancy yellow diamonds are rare yellow colored diamonds starting on the GIA scale with x-y or z colors. As you go down the scale the intensity of yellow deepens. The next levels are light yellow, fancy light yellow, fancy yellow, intense yellow and vivid yellow.
Yellow diamonds have always been popular, but the popularity is at its highest due to the increase in demand from India, the far east and Arab countries. Consumers here in the U.S seem to want something
other than the old staple three stone white diamond ring, so they are also turning to fancy yellow colors. With prices being so expensive for fancy color blue and pink diamonds i think we are going to see an
increase in the price and demand for fancy yellow color diamonds.
Most fancy yellow diamonds are in the shape of radiant cut diamonds. Round fancy yellow diamonds are very hard to find, as are emerald cuts and other fancy shapes. We should also add that a fine fancy color diamond will have an even color distribution. Artdecodiamonds.com carries a full line of natural fancy yellow colors and of course antique engagement rings and art deco jewelry.
Diamond Prices Update!
Although we didnt travel to switzerland for the famous Bazal jewelry show, we still consider bazal a must for the diamond industry, including all our diamond and jewelry watchers. Bazal is an important diamond and jewelry show beucause it includes all of our friends from the middle east, far east, and europe. According to our sources, parts of the the bazal show were fantastic, and other parts not so.
Large diamonds sold at very high prices, specifically 5.00 carat plus fancy shape diamonds. Prices for fancy color diamonds, specifically fancy yellow diamonds, are still high and rising. Our friends from China
have slowed down a bit but VVS quality prices are still very high. We see that smaller size diamonds, for the U.S. consumer, are still very strong and didnt sell that well.
With India and China slowing down and not buying as much as in the past, the industry is waiting to see where prices are going. We think there is going to be a bit of weakinging in prices. However, the supply is still very low so this could keep prices at the present level.
We are very happy to see that with oil prices rising, this brings back our friends from the mid-east buying diamonds. Our mid east friends were the top buyers in the 1970′s and 1980′s. Hopefully, they will be back to buy diamond jewelry, big fancy shape diamonds, and fancy color diamonds.
Be sure to check back on www.artdecodiamonds.com to stay updated on the latest jewelry news.
Looks like we made it! We made it home from the miami antique show and what a show it! Here are our thoughts…
Not surprisingly, the supply of antique and art deco jewelry was lacking, especially pristine antique engagement rings. The amount of people that came out for the show proved everyone wants antiques! What that means for the dealers (and more specifically the antique shoppers) is the less antique jewelry, prices will still stay high. How about diamonds?
Diamonds are still very strong, but we did notice that our friends from the far east, specifically China and India, were in short supply. This means diamonds specifically purchased for the far east have softened a bit. How about diamonds for the united states? For example, the SI1 and SI2 type diamonds? Well, unfortunately those diamonds are in low supply so they have stayed strong.
We were satisfied with the miami show. Please take a look at our site, www.artdecodiamonds.com in the next few weeks, as we will have about 50 to 100 more antique and art deco engagement rings.
We Will See You in a Few!
This is our last blog before we leave for the Miami antique show. We thought it would be appropriate to blog about something very important to us, not antique engagement rings or diamonds, but the march of the NY Giants to the super bowl!
You ask, why should a diamond/antique jewelry site want to blog about the ny giants? Well, we are so impressed with the Giants, especially Tom Couglin and his coaching staff. When the giants were in the midst of a 4 game losing streak, everyone wanted to fire Coughlin. Instead of changing his philosophy about football and life, he stuck to his beliefs and held the giants together. Wouldn’t you know it, the giants started to believe as well, and now they’re one step away from winning a super bowl.
At artdecodiamonds.com we have the same philosophy. We buy fantastic quality diamonds and gorgeous art deco jewelry. We keep on buying and selling jewelry and diamonds and the quality always remains, after the price has long been forgotten. We will continue the blog after the Miami show.
History and Diamonds!
We all want to be part of history. Since we can’t go back, why not buy a piece of history!? This past week Liz Taylor’s diamond and estate jewelry went on sale at Christies auction. What a show it was! Just like at Jackie Onassis’ jewelry auction, people want to own a part of history, and so they will pay the price. Elizabeth Taylor’s 33.00 carat diamond went for 8.8 million dollars! Smaller items, such as charm bracelets, sold for 10 times the estimated amount. Customers also purchased clothing and accessories, anything to touch hollywood glamour.
We find that during a terrible recession money seems to come out of the closet in order to purchase hollywood royalty, or political royalty in Jackie O’s case. When we can purchase hollywood royalty money comes out and then goes into hiding. But, we must add that part of the proceeds will go to something close to Liz’s heart…aids research.
Look for our next blog, who’s wearing antique jewelry and why.