Sunday, May 3, 2009

Welcome to the Diamond heart of India - Surat

In Farsi/Persian languages, this was recognised as "Bunder-e-Khubsurat”, meaning a beautiful harbor. The word "SURAT" seems to have derived from this popular choice of words.
Though Surat is poor in past places and natural sights, but It is rich in riches. Flooded with business and industries, it is a city with peace and maximum prosperity. Recently selected amongst the cleanest one, Surat owes a fit share in the exports of Diamond, Out of total exports of diamond from India.


DTC

The Diamond Trading Company (DTC), division of the De Beers family of companies, is the World’s major and most successful distributor of rough diamonds.

We sort, value and sell around 40% (by value) of all the rough diamonds in the World through our offices in London and Kimberley in South Africa and at our Government joint business enterprise operations in Botswana and Namibia.

We are also dedicated to helping to support the organization of a sustainable, included diamond industry within producer countries where we operate and to additional the wider financial goals of the Governments in those countries. Activities include skills progress, promotion of producer countries abroad and help with diversification initiatives further than diamonds.

The DTC is also the world’s leading developer and producer of diamond technology and operates a dedicated Investigate and Growth facility.


Wednesday, April 29, 2009

Antwerp

Antwerp, With a whopping $43 billion of rough and cut diamonds passing through Antwerp, home to some 300 Indian families mainly hailing from Palanpur in Gujarat that are engaged in the trade, this Belgian city’s diamond market is dangerously overdrawn and reeling from the financial meltdown.

But, then, the repercussions of the economic crisis on the industry are dire and widespread; some 500,000 jobs have been lost in the Indian diamond-manufacturing hub of Surat in Gujarat while big diamond houses in Israel, an important diamond centre, have already started reporting bankruptcies.

Famous Diamonds

Among the most well known diamonds is the
Hope. This 45.52 carat steel blue diamond
Is at present on display at the Smithsonian.
The tradition of the ill-fortune and curse
Bestowed on the possessor of the Hope
Diamond is many. This diamond was
Donated to the Smithsonian in 1958. The
Hope was firstly a rather flat, blocky
110-carat rough.

The Dresden Green stands out among the
Natural colored diamonds. It is the largest
Green diamond in the world weighing
40.70 carats. This diamond is historic, large
And has a natural green color with a slight
Blue overtone. These facts make it virtually
Invaluable.

The Coned Pink is a pear shaped and
Weighs 9.01-carats. This pink diamond was
Once owned by Louis XIII.

The Tiffany Yellow diamond a beautiful
canary-yellow octahedron weighing 287.42
In the rough (metric) carats discovered in
Either 1877 or 1878 in South Africa. The
Gem after cutting boasts the amazing
Weight of 128.54 carats. And until freshly,
Was the largest golden-yellow in the world.

The Kohinoor (Mountain of Light) is now
Among the British Crown Jewels. This
Diamond weighs 105.60 carats. First
Mentioned in 1304, it is believed to have
been once set in Shah Jahan‘s famous
Peacock throne as one of the peacock’s eyes.

The Agra is graded as a naturally colored
Fancy Light Pink and weighs 32.34 carats.
It was sold for about 6.9 million in 1990.
Since this sale, it has been modified to a
Cushion shape weighing about 28.15 carats.

The Transvaal Blue is pear cut. This blue
Diamond weighs 25 carats. It was establish in
The Premier Diamond Mine in Transvaal,
South Africa.

The Great Chrysanthemum was discovered
In the summer of 1963, in a South African
Diamond field. This 198.28-carat fancy
Brown diamond appeared to be a light
Honey color in its rough state. However,
After cutting, it proved to be a rich golden
Brown, with overtones of sienna and burnt
Orange.

The Taylor-Burton Diamond is a pear-shaped
69.42 carat diamond. Cartier of New York
Purchased this diamond at an auction in
1969 and christened it "Cartier." The next
Day Richard Burton bought the diamond
For Elizabeth Taylor. He renamed it the
"Taylor-Burton”. In 1978, Elizabeth
Taylor put the diamond up for sale.
Prospective buyers had to pay $2,500
Each to view the diamond to cover the costs
Of showing it. Finally, in June of 1979, the
Diamond was sold for nearly $3 million dollars.

Most PopularDiamond Shape for Engagement Rings

Even though there is a wide variety of diamond shapes available, the most normally purchased diamond shape for engagement rings is the round diamond. Round diamonds are considered the “classic engagement ring”, and the stones are often set in yellow gold or platinum. In fact, any diamond shape other than round is considered to be a “fancy” shape, since the round diamond is so popular.

Monday, April 13, 2009

Choosing Diamond Shapes

With all the possibilities of diamond shapes, how do you go about choosing one? If you are buying yourself a diamond, it's just a matter of looking at all the different varieties and finding one that is most pleasing to your eyes, and the ones that look best when you put them on your finger, or wear in your necklace.

When choosing a diamond shape for someone else, it becomes a bit more difficult. For an engagement ring, many women prefer the traditional round shaped diamond, while others may enjoy having something more unique. A young woman or one who is considered a hopeless romantic may favor to have a heart shaped diamond.

Other considerations for selecting diamond shapes for rings should be based on the size of a woman's hand. If she has long, slim fingers, can stylishly wear a pear shaped diamond, marquis, or oval shape. Place the same shaped diamond rings on a woman with shorter, wider fingers, and it will cover up too much of the finger and look large, and possibly even awkward. Small hands naturally look best with round shaped or princess shaped diamonds.

Diamond Grading Reports

You’ve been told that having a certificate or
A diamond grading report is important, and
As a responsible customer, you get one –
Unfortunately, you probably won’t understand
A word of what is on that diamond grading
Report, unless you are a jeweler.

On the color grading scale, D, E, and F
Mean that the diamond has no color. G, H,
And I mean that it has very little color. J, K,
And L means that the diamond has a slight
Yellow color. P, Q, R, S, T, U, V, W, and X
Means that the diamond is a darker shade
Of yellow. Z means that the diamond has a
fancy color – other than white or yellow.
On the color grading scale, D is the most
Costly, and X is the least valuable –
But diamonds that get a Z rating are
The rarest and most luxurious diamonds
In the world.

There are many aspects to a grading report.
Figuring it all out can be very confusing. You
Should talk to a jeweler you trust, and have
They explain everything on the diamond
Grading report to you.