Roughing It Out
October 27, 12
By Edahn Golan
The most mysterious, most misunderstood and one of the most important sectors of the diamond jewelry pipeline is the rough segment. Since most miners are public companies, mining is an open book; polished diamonds have lab certificates and open trading platforms, and jewelry is all about being “out there.” By contrast, rough is the only place where the term “illusion” still applies.
At the very core of the mystery are questions such as what color a rough diamond will have after being polished and how are rough prices set?
Join us as we reveal some of the secrets of the rough world of diamonds.