Koin International to Hold First Polished Diamond Tender in Israel at Diamond Week

(IDEX Online) – Koin International Diamond Tenders will hold its first tender in Israel during the February 13-16 International Diamond Week in cooperation with the new International Tender Center at the Israel Diamond Exchange (IDE).

Koin specializes in tenders of rough and polished diamonds.

Adam Schulman, Koin International CEO, said, “We are delighted to expand our rough and polished diamond operations to Israel, and look forward to a successful week for buyers and sellers.”

IDE President Yoram Dvash said, “I am pleased that Koin will be holding a tender in Israel for the first time, and that they have taken a strategic decision to cooperate with our International Tender Center. I believe that we will see many more tenders by Koin here in the future.”

Schulman said that the company will be bringing an assortment of polished diamonds, with lots covering the spectrum of sizes, colors and qualities, including parcels and single stones (certified and uncertified.) “This is an excellent sourcing and purchasing opportunity,” he added.

This year’s International Diamond Week will focus on tenders of rough and polished diamonds by major producers and independent suppliers. In keeping with Israel’s rising status as a diamond tender hub, the Israel Diamond Exchange will officially inaugurate its new International Tender Center during the week, the IDE said in a statement.

"The center, located in the bourse complex, will be a state-of-the-art venue for polished and rough tenders by a variety of suppliers under one roof and will offer a variety of value-added services.

"The international tenders, in addition to the huge variety of goods on offer by hundreds of Israeli and international exhibitors, are expected to attract several hundred more buyers than before."

As in the past, buyers are being offered free accommodation for three nights in nearby hotels. 

Moreover, this year IDWI will offer a rich social program including free sightseeing to Jerusalem and the Dead Sea, the IDE added.