Where does De Beers sell their diamonds?

GSS sells about 90% of De Beers’ rough diamonds, by value, and features wholly owned and joint venture operations in South Africa (De Beers Sightholder Sales South Africa), Botswana (DTCB), and Namibia (NDTC). They sort, value and sell 33% (2013) of the world’s rough diamonds by value.

Does De Beer sell diamonds?

Global Sightholder Sales sells around 90 per cent of De Beers Group’s rough diamonds, by value, via term contracts to customers known as Sightholders, at events called Sights. These customers are among the world’s leading diamantaires and are active in the major diamond centres.

Are De Beers diamonds good?

The entire De Beers conglomerate is based around diamonds. From the very beginning, they put much care and time into ensuring they were producing and purchasing beautiful and sustainable diamonds. These diamonds are of the highest quality and you can be confident in your purchase of a De Beers diamond.

How much of the diamond market does De Beers control?

The diamond industry was almost entirely controlled by the diamond giant De Beers in the last century, with 80% of all rough diamonds in the world in their possession. They thereby attempted to monitor global demand and therefore also the prices. These days the De Beers share has been reduced to 20%.

Are diamonds good investment?

Several factors make it a good investment option as compared to gold. Size: The first and the most obvious advantage it has over gold is its size. Unlike gold bullions, diamonds don’t take a lot of room. These precious gemstones were used as a great means of money transfer since a long time ago.

Who owns most of the world’s diamonds?

De Beers S.A., South African company that is the world’s largest producer and distributor of diamonds. Through its many subsidiaries and brands, De Beers participates in most facets of the diamond industry, including mining, trading, and retail.

How much is a 100 carat uncut diamond worth?

Its pre-auction estimate was between $3.8 and $4.2M. This flawless, 100-carat diamond sold for $22 million, including buyer’s premium, at Sotheby’s New York’s Magnificent Jewels sale on April 21.

Who owns the world’s diamonds?

De Beers S.A.
De Beers S.A., South African company that is the world’s largest producer and distributor of diamonds. Through its many subsidiaries and brands, De Beers participates in most facets of the diamond industry, including mining, trading, and retail.

Is Forevermark better than GIA?

While we generally recommend GIA certified diamonds only, in our opinion Forevermark has held itself to the same consistency and stringency the gold standard of independent laboratories does. Furthermore, I have had the opportunity to look at many of their diamonds.

Who owns the biggest diamond?

Cullinan Diamond

The rough diamond
Weight	3,106.75 carats (621.350 g)
Cut by	Joseph Asscher & Co.
Original owner	Premier Diamond Mining Company
Owner	Elizabeth II in right of the Crown