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!

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
as the
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
impossible to
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
bit stronger

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!

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
also slow.

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!

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

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!