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MID BLOG

Development diamonds

DIAMONDS FOR DEVELOPMENT: PROVIDING SOCIAL SIGNIFICANCE TO A LUXURY PURCHASE

It should come as no surprise that many consumers look for more in purchase of diamond jewelry than simply satisfying their need for prestige and wellbeing, or even their desire to express their affection for a loved one.

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Diamond survey

DPA SURVEY: AMERICANS PLAN DIAMOND SPENDING SPREE BETWEEN THANKSGIVING 2018 AND VALENTINES DAY 2019

More than 53 million Americans, or 21 of the adult population, say they plan to purchase a diamond between Thanksgiving and Valentine’s Day.

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‘THE YEAR OF THE LAB-CREATED DIAMOND’

NOTED INDUSTRY ANALYST CALLS 2018 ‘THE YEAR OF THE LAB-GROWN DIAMOND’

The year saw the average price of a 1-carat lab-created stone falling by almost falling to half of that of a comparable natural diamond, with the discount in late-November being 42 percent off the price of the natural product, up from  29 percent in January.

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Frank and Nancy Sinatra with 20-carat diamond engagement ring

BLUE DIAMONDS AND OL’ BLUE EYES ON SHOW AT NEW YORK AUCTIONS

The 2018 fall auction season is shaping up to one of the best ever in recorded history. Eyes now turn to New York, where Sotheby’s Magnificent Jewels sale on December 4 will be led by a 10.62-carat fancy vivid blue diamond with a pre-sale value of between $20 million and $30 million.

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Blockchain

BLOCKCHAIN INITIATIVE TO PROVIDE TRACEABILITY FROM MINE TO MARKET

The infiltration of Blockchain technology into the diamond business received a major boost at the end of October, with the announcement that Alrosa, the Russian rough diamond producers, was joining De Beers’ end-to-end diamond industry blockchain traceability platform.

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Conflict diamonds

INDUSTRY PUSHES HARD FOR EXPANDED DEFINITION OF ‘CONFLICT DIAMONDS,’ BUT KIMBERLEY PROCESS DECIDES NOT TO DECIDE

The Plenary of the Kimberley Process, which is the coalition of national governments, the diamond industry and civil society organizations working to end the trade in conflict diamonds, has met for the organization’s 2018 annual meeting in Brussels.

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LUXURY GOODS MARKET TO APPROACH $1.37 TRILLION  IN 2018, SAYS BAIN REPORT

Personal luxury goods, including jewelry, will outperform the market, posting 6 percent growth at constant exchange rates in 2018 to approach the $300 million mark.

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Lesedi La Rona diamond

SINGLE ROUGH DIAMOND TO YELD 67 POLISHED GEMS

The stones polished from the 1,109-carat Rona La Lesedi range  in size from a single carat to more than 100 carats.

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Pink Legacy diamond

VIVID PINK DIAMOND BREAKS PER-CARAT RECORD, FETCHING $50 MILLION AT CHRISTIE’S SALE

With the 18.96-carat Pink Legacy achieving its high price estimate, it sold for a staggering $2,637,131 million per carat, an all-time record.

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Shopping mall scene

STRONG U.S. HOLIDAY SEASON EXPECTED, AS U.S. CONSUMER CONFIDENCE HITS AN 18-YEAR HIGH

Economically in 2018, things are looking good. According to retail analyst eMarketer, holiday retail sales in the United are expected to climb above the $1 trillion mark for the first time.

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Marilyn Monroe and the Moon of Baroda

MARILYN WORKS HER MAGIC ON THE MOON OF BARODA

One of the world’s most celebrated diamonds will come up for auction for the second time at Christie’s in Hong Kong on November 27.  Its major claim to fame is its brief association with a certain Hollywood star by the name of Marilyn Monroe.

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COSTUME JEWELRY - COMING INTO FASHION

COMING INTO FASHION

Long dismissed as peripheral by many in the diamond trade, fashion jewelry is getting a second look. And so it should. According to data provided by Allied Market Research, its worldwide value will be in excess of $30 billion in 2018.

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Bridal jewelry

A MARRIAGE MAY NOT BE FOREVER, BUT BRIDAL JEWELRY MOST CERTAINLY IS

A meeting that took place in Philadelphia in September 1938 would in retrospect change the diamond business for eternity, and at the same time leave an indelible mark on the marriage ceremony.

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African diamond jewelry fashion show 1

LUXURY BRANDS FACE THE CHALLENGE OF AN EXPANDING UNIVERSE

The classic image of the sophisticated Westerner, enjoying the best that life has to offer on the Côte d’Azur, New York’s Fifth Avenue and Rodeo Drive in Beverley Hills has expanded to include newly affluent consumers across Asia and the Middle East, and increasingly in South America and Africa.

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ENGAGEMENT RINGS

THE MOST ENGAGING OF CEREMONIES

It was the De Beers company that saw the engagement ceremony as a sales opportunity, reasoning that, if one could create a diamond-giving tradition at that critical moment in young peoples’ lives, the business potential was almost unmeasurable.

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Five Essential Truths of the DPA

FIVE TRUTHS ABOUT NATURAL DIAMONDS, AND FIVE ABOUT SYNTHETICS

The Diamond Producers Association, the trade organization established in May 2015 by seven of the world’s leading rough diamond producers, has revealed the latest strategy in its campaign against synthetic diamonds.

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Chinese Millennials

MILLENNIALS DOMINATE LUXURY MARKETS, ESPECIALLY IN CHINA

Not all Millennials are equal. A major driving force behind the growth in sales are the Chinese Millennials, who allocate about 20 percent of discretionary income to purchasing luxury goods.

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Argyle Tender 2018

2018 ARGYLE TENDER DAZZLES IN PINK, RED AND PURPLE

For the 34th time, a collection of fancy colored stones that together comprise one of the world’s most widely covered diamond tenders in any given year has been plying its way around the world.

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Arkansas road signs

DIAMONDS AT THE SOLES OF YOUR FEET

Located in the Crater of Diamonds State Park in Pike County, Arkansas, is a 37.5-acre plowed piece of ground, which is billed as the world’s only diamond field that is accessible to the public.

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Indian rupee

RISE IN INDIAN IMPORT DUTIES ON DIAMONDS CONCERNS LOCAL TRADE

Import duties on polished diamonds, semi-processed diamonds, polished colored gemstones and laboratory-grown stones are rising from 5 percent to 7 percent.

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PUNDITS SAY 19-CARAT ‘PINK LEGACY’ COULD FETCH $50 MILLION

The eyes of the diamond world will shift to the Four Seasons Hotel des Bergues in Geneva on November 13, where the top lot will be a 18.96-carat fancy vivid pink stone.

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THE BRIDAL MARKET

BRIDAL JEWELRY STILL THE BACKBONE OF THE DIAMOND MARKET

Whether the stock market index is up or down, people get married. And when they do, invariably they buy diamonds.

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Pink diamonds at Christie's.

PRETTY IN PINK AT CHRISTIE’S

The famed auction house has a special fondness for pink diamonds, having served as the sales platform for several of the most famous such stones to come onto the open market.

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Luxury markets

DE BEERS REPORT SHOWS ROBUST BUT UNBALANCED GROWTH IN THE DIAMOND MARKETS

The growth data was skewed by strong sales in the United States and China, while for much of the reminder of the world it was a relatively lackluster year.

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Millennials and Gen Z

GENERATION Z AND MILLENNIALS NOW ACCOUNT FOR ALMOST TWO THIRDS OF ALL DIAMOND JEWELRY DEMAND

Both Millennials and Generation Z hold strong aspirations to be in committed relationships, and, while their attitudes towards how they express and symbolize their love are evolving, they generally still want to follow tradition.

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55 Cancri e, the diamond-rich planet.

A WORLD OF DIAMONDS, 40 LIGHT YEARS AWAY

There are places where rough diamonds can still be found in abundance. One of these is 55 Cancri e, a planet in another solar system out in the Milky Way.

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Sorting diamonds at the Botswana Diamond Trading Company.

CONTRACT TALKS BETWEEN DE BEERS AND BOTSWANA COULD INDICATE FUTURE PATH OF DIAMOND INDUSTRY

Representatives of De Beers and Botswana have begun the process of negotiating a new sales agreement, to replace the 10-deal that will expire toward the end of 2020.

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Hong Kong

WORLD’S LARGEST JEWELRY AND GEMSTONE TRADE SHOW SET TO OPEN IN HONG KONG ON SEPTEMBER 12

The Hong Kong Jewellery & Gem Fair will kick off on September 12 at the AsiaWorld-Expo (AWE), adjacent to the city’s international airport, and run all the way through to September 18, when it closes at the Hong Kong Convention & Exhibition Centre (HKCEC).

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EVERYDAY OBJECTS, THE DIAMOND EDITION

EVERYDAY OBJECTS, THE DIAMOND EDITION

Stylish or garish? It’s all a question of taste. But if you want people to take notice, it’s got have bling. Sometimes the items are showy, covered from top to bottom in gemstones, and sometimes they are elegantly designed.

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London

BRITAIN’S PREMIER JEWELRY SHOW TO OPEN SEPTEMBER 2

International Jewellery London (IJL) will open at the Olympia exhibition center in the British capital for its 63rd edition, and will run through September 4.

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Dominance of the U.S. dollar

WILL THE DOMINANCE OF THE U.S. DOLLAR BE CHALLENGED?

For time immemorial the U.S. dollar has reigned supreme in the diamond industry, making the relative strength or weakness of the American currency a factor that every non-American company needs to take into consideration.

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Diamonds go viral

DIAMONDS GO VIRAL

What is that makes a diamond video go viral?  The diamond’s legend, as the hardest natural material known to man and one of the most valuable, is factor. So is its association with love.

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The mystery of the chameleon diamond

THE MYSTERY OF THE CHAMELION DIAMOND

The color-change diamonds owe their designation to the fact that change color, although, unlike their reptilian namesakes, not according to the branch or leaf on which they are standing.

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Luxury Market

CHINA LEADS THE WAY, AS LUXURY MARKET CONTINUES UPWARD TREND

The luxury goods market is looking like it will have a banner year in  2018, reported Bain & Company, basing its findings on data collected during the first half of the year.

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The Romanov's a 51.38-carat, D-color round diamond.

ALROSA SELLS OFF THE CROWN JEWEL OF ITS DYNASTY COLLECTION

The Dynasty collection was made up of five diamonds, all of which had been cut and polished from a 179-carat rough stone that had been recovered in 2015.

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CONTINENTAL DRIFT REVEALS THE SECRETS OF THE ORIGIN OF BLUE DIAMONDS

It now appears that not only are diamonds the result of a tectonic action, but so is the color of fancy-color diamonds, or at the very least blue fancy-color diamonds, according to an article just published.

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India International Jewellery Show (IIJS) at the Bombay Exhibition Centre.

FOCUS OF THE DIAMOND TRADE SHIFTS TO MUMBAI, FOR 35TH EDITION OF INDIA INTERNATIONAL JEWELLERY SHOW

More than 1,200 IIJS exhibitors will greet tens of thousands of visitors, coming from 800 cities and towns across India, and from more than 80 countries.

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Natural diamonds versus lab-grown diamonds

NEW FTC GUIDELINES MUDDY THE WATERS OVER SYNTHETIC DIAMOND DEFINITION

Instead of clarifying all issues, the FTC confused one rule that appeared to have already been settled internationally, and that relates directly to what legitimately can be referred to as “a diamond.”

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Bridal jewelry

BRIDAL JEWELRY REMAINS THE SAFEST HAVEN IN A SAFE-HAVEN MARKET

The association of the diamond with love and marriage was a master-stroke on a number of levels. Bridal jewelry and other gifts of love rarely enter the resale market, meaning that most diamonds are sold only once.

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Alrosa prepares for final of 2018 World Cup.

WORLD CUP FINAL INSPIRES FOOTBALL-ASSOCIATED DIAMONDS

With the finals of the FIFA World Cup, Russian mining company Alrosa has announced the results of a competition to choose the best “football-related” names for two large rough diamonds.

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Diamonds for women

WOMEN ARE DIAMONDS NEW FRONTIER, NOW AS  NOW AS SELF PURCHASERS

With millennials becoming dominant, the women who were mainly viewed as primary recipients of gifted diamond jewelry are today being recognized as possibly the industry most promising target market.

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Rough diamonds

MASSIVE FINDS AND OFFERS SIGNAL RISING FORTUNES FOR ROUGH DIAMOND MARKET

A series of large diamond discoveries and sales reflect what has been a steep increase in demand for rough diamonds, accompanied by increases in rough diamond prices.

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Diamonds on the Silver Screen

DIAMONDS ON THE SILVER SCREEN

It’s not only on Hollywood’s red carpet, diamonds frequently find their way into movies as well, sometimes as props, but frequently as the subject of the plot.

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The world diamond jewelry market.

FIRST-QUARTER DATA INDICATES 7 PERCENT GROWTH FOR WORLD DIAMOND JEWELRY MARKET

According to a report by the Russian diamond mining company Alrosa, the positive market dynamics were mostly driven by consumer demand, but also were influenced by  positive currency exchange rates.

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Diamond Songs

LET’S SING A SONG OF DIAMONDS

Be it as a symbol, a metaphor or a direct reference to the gemstone itself, diamonds have long fascinated songwriters. While all lists are subjectively compiled, the following five songs referencing diamonds are among the best ever composed.

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Applications of Blockchain in the diamond industry

BLOCKCHAIN, THE BARELY-UNDERSTOOD TECHNOLOGY THAT IS CHANGING THE WORLD AND THE DIAMOND BUSINESS

It’s a technology that many believe will change the world as we know it, although few properly understand what it is exactly. It almost certainly will impact the diamond business, but in ways that are not fully realized at present.

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Kimberley Process Certification Scheme

TWO DECADES LATER, AFRICA’S CRISIS LEAVES DIAMOND INDUSTRY FOREVER CHANGED

Almost 20 years to the day that the UN Security Council adopted its first resolution concerning what  would become known as conflict diamonds, the members of the  system that was created in the wake of this decision, the Kimberley Process, are gathering in Antwerp.

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The 2018 Fifa World Cup from a Diamond Perspective

THE 2018 FIFA WORLD CUP FROM A DIAMOND PERSPECTIVE

No important event, sporting or otherwise, can be completely diamond-free, and certainly not the FIFA World Cup. The following are just some examples that indicate that when it comes to points in football, not all are on the pitch.

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Hong Kong

EXPANDING CHINESE MARKET LIKELY TO SET TONE FOR JUNE HONG KONG FAIR

With the lights of Las Vegas fading gently into the background, the world’s jewelry industry sets its sights on Asia, and more specifically to the June Hong Kong Jewellery & Gem Fair, which will take place June  21 to 24, 2018.

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Hirst and his diamond-encrusted skull

TRANSFORMING THE ORDINARY INTO THE EXTRAORDINARY

In 2007, Britain’s Damien Hurst stunned the art world when he sold a human skull encrusted with diamonds to an investment group for $100 million. Diamonds have long been used to elevate the  ordinary into the extraordinary.

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JCK at Mandalay Bay

STRONG U.S. ECONOMY SEEMS TO BUOY RESULTS AT JCK LAS VEGAS 2018

JCK Las Vegas, the premier trade show in the world’s largest diamond jewelry market, wrapped its 2018 edition at the Mandalay Bay convention center on June 4 on a generally optimistic note.

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DE BEER’ FORAY INTO SYNTHETIC DIAMOND JEWELRY SEEMS A GREAT DEAL MORE THAN JUST ANOTHER BUSINESS VENTURE

Not only does the company aim to protect the position of the natural diamond, but the way it is positioning its new jewelry products is likely to cut deeply into the profits of the other synthetic diamond producers.

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HISTORIC FANCY BLUE SELLS FOR $6.7 MILLION AT SOTHEBY’S, BUT TWO WHITE STONES STEAL THE SHOW

The 6.16-carat pear-shaped fancy colored diamond called the Farnese Blue Diamond was the most celebrated item at the auction in Geneva, but it was not the most valuable jewel on offer.

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General Data Protection Regulation

GDPR: THE BIGGEST-EVER SHAKEUP OF INTERNET DATA PRIVACY

The General Data Protection Regulation (GDPR) requires collecting personal data lawfully, and processing it only in the way that the individual to which it refers understood you would. It also requires taking appropriate measures to ensure that the data does not  fall into the hands of others.

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JCK at Mandalay Bay

VIVA LAS VEGAS, THE LARGEST SHOW IN ‘THE WORLD’S MOST IMPORTANT MARKET

The world’s diamond and jewelry trade heads back one more time to Las Vegas’ golden Mandalay Bay resort, as next year the United States’ premier jewelry trade show, JCK Las Vegas, will be relocating back to the Sands Expo and Convention Center.

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Meghan Markles diamond ring

BRITISH DIAMOND JEWELRY TRADE PINS HOPES ON ‘MEGHAN EFFECT’

The renewed fascination with diamond jewelry inspired by the royal romance was good news for the British gem and jewelry trade, which had experienced a tough year in 2016, although also stabilization toward the end of  2017.

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Rough diamopnd from Renard mine

QUÉBEC’S FIRST DIAMOND MINER SEES SPIKE IN PRICES AND SALES

While most of Canada’s known diamond deposits are located in the vast Northwest Territories, the Renard mine is the only functioning facility in the mainly French-speaking province of Québec, in the northeast of the country.

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3.09 carat blue diamond and 3.47-carat blue diamond

BLUE DIAMOND PRICE PER CARAT RECORD BROKEN TWICE, OVER TWO DAYS

It began at Christie’s in New York on April 17, when a ring with a 3.09-carat fancy intense blue diamond as its center stone sold for $5.4 million. At Sotheby’s the next day a step-cut 3.47-carat fancy intense blue diamond in a ring sold for $6.7 million.

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srael Diamond Exchange complex

LENGTHENING OF TAX-FREE EXAMINATION PERIOD FOR DIAMOND IMPORTS EXPECTED TO INCREASE VOLUME AND RANGE OF GOODS SOLD IN ISRAEL

The Israeli government’s chief regulatory officer for the diamond industry has extended from three days to 30 days the tax-free inspection period allowed for imported diamonds.

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327-carat rough diamond mined by Lucara Diamonds.

ONCE AGAIN BOTSWANA MINE OFFERS UP EXCEPTIONALLY LARGE DIAMOND

Botswana’s most abundant producer of spectacularly large diamonds, Karowe, has done it again, yielding a 327-carat white, gem-quality diamond, the ninth-largest piece of rough ever discovered by the mine’s owner.

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Antwerp City Square.

MID RETURNS TO CARAT+ FOR SECOND EDITION OF DIAMOND SHOW

Buoyed by the enthusiastic response to its first edition in 2017, the CARAT+ show returns to Antwerp from May 6 to through May 8. MID House of Diamonds, which exhibited at the trade fair’s premiere showing, will be present once again.

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Antwerp and Kobe

MID TO EXHIBIT AT TWO KEY SHOW IN MAY, IN ANTWERP AND KOBE

CARAT+ will take place in Antwerp from May 6 through May 8. The International Jewellery Kobe (IJK) show will take place from May 16 through May 18.

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MID, Israe;'s leading polished diamond exporter in 2017.

MID NAMED ISRAEL’S LEADING DIAMOND EXPORTER FOR THIRD YEAR RUNNING

The Diamond Controller at Israel’s Ministry of Economy has named MID House of Diamonds the country’s leading listed polished diamond exporter in 2017, making it the third consecutive year that the company has headed the table.

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Hong Kong and Basel, Switzerland.

SPRING TRADE SHOW SEASON KICKS OFF IN MARCH IN HONG KONG AND BASEL

Together the shows will draw in thousands of exhibitors and well over 150,000 visitors. MID House of Diamonds will have a prominent presence, continuing its well-proven strategy of maintaining a physical presence in the world’s key markets.

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New MID House of Diamonds application

NEW MOBILE APP PLACES THE POWER OF MID IN YOUR HANDS

MID House of Diamonds’  new app for mobile devices effectively transforms a smart cellular device into a loose polished diamond ordering office.

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A Super Bowl championship ring.

THE SUPER BOWL DIAMOND RING OF FAME

There is a tradition that has become part and parcel of the Super Bowl experience and that is the championship ring. Created for members of the winning team, it has a legacy that dates back to the first such game, 52 years ago.

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WHEN YOU SAY ‘DIAMOND,’ WHAT DO YOU MEAN?

Is the diamond that was formed in nature, millions of years ago deep below the earth’s surface, the same as that of a stone with similar chemical composition, which was created in a matter hours or days in a factory or laboratory?

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HPHT color treated diamonds

TRICK OR TREAT

What is a treatment?  Essentially, according to the ISO standard, it is any process of human intervention that affects the appearance of the natural stone, with the exception of accepted manufacturing or maintenance practices.

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VISIO.NEXT summit

DISRUPTIVE TECHNOLOGY AND NEW GENERATION TRANSFORMING JEWELRY MARKETS

Change is the one constant that can be expected moving forward, noted Claudia D’Arpizio, a luxury industry expert at Bain & Company, speaking at the VISIO.NEXT summit at the VICENZAORO January jewelry show, focusing on the future of the jewelry trade during a transformational time for business in general.

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Triangular Brilliant, Trillion, Trilliant

THE SHAPE OF THINGS: TRIANGULAR BRILLIANT CUTS

With three straight or slightly curved sides, preferably of equal length, the Triangular Brilliant Cut is a generic term for a shape that today also is referred to as the Trillion, Trilliant and sometime the Trill.

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An Asscher-Cut loose polsihed diamond.

THE SHAPE OF THINGS: ASSCHER CUTS

A squarish step-cut diamond with an octagonal shape, the Asscher Cut was developed by the legendary Dutch polisher Joseph Asscher in 1902, although it only burst to prominence about 20 years later, when the Art Deco movement was in full swing.

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A loose, polished baguette cut diamond.

THE SHAPE OF THINGS: BAGUETTE CUTS

Long and slender, the modest Baguette Cut diamond generally is overlooked, because of its frequent role as the supporting act. Often used as side stones to the centerpiece diamond in an item of jewelry, they are  the most widely available step-cut diamonds.

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Radiant Cut loose polished diamond.

THE SHAPE OF THINGS: RADIANT CUTS

A step-cut diamond, the Radiant is squarish or rectangular, and features straight sides and cut-off corners. Its brilliance can be compared with that of a Round Brilliant, which is unsurprising in that it employs a similar facet pattern on both its crown and pavilion.

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Oval Cut loose polished diamond

THE SHAPE OF THINGS: OVAL CUTS

Essentially an elongated variation of the Round Brilliant, an Oval Cut diamond likewise features 57 or 58 facets, and similar visual qualities. But, because it has a larger surface area, it seems bigger to the human eye than the round stone of the same weight.

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A heart-shaped loose polished diamond.

THE SHAPE OF THINGS: HEART SHAPES

For a gemstone renowned as the definitive expression of love, the “Heart Shape” holds a special spot in the diamond’s pantheon of fancy cuts.

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A pear shaped polished diamond.

THE SHAPE OF THINGS: PEAR SHAPES

With a rounded bottom, elongated sides and a pointed top, the Pear Shape is sometimes referred to as the Teardrop Cut. Its origins are traced to Lodewyk van Bercken, a  diamond cutter from Bruges in the second half of the 15th century.

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Japan, the world's third largest diamond market.

JAPAN, WORLD’S THIRD LARGEST DIAMOND MARKET, TO SHINE AT IJT 2018

Japan will become the focus for the much of the world diamond industry from January 24 through 27, 2018, as thousands of exhibitors and buyers gather at the Tokyo Big Sight exhibition ground .

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Two fancy vivid blue diamonds by Graff Diamonds.

FANCY BLUE DIAMONDS COME UP BIG AT DECEMBER AUCTIONS IN NEW YORK

Blue was most definitely a dominant theme, as New York’s two leading auction houses closed out the 2017 season with magnificent jewelry sales.

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The Marquise Cut

THE SHAPE OF THINGS: MARQUISE CUTS

Shaped like an American football, with elongated curved sides and pointed ends, the Marquise Cut traces its history back to France in the mid 1700s.

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The Emerald Cut diamond.

THE SHAPE OF THINGS: EMERALD CUTS

Generally rectangular in shape, although squares are also sometimes available, the Emerald Cut is typified by step cuts on its pavillion and a large, open table.

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A cushion cut loose polished diamond from MID.

THE SHAPE OF THINGS: CUSHION CUTS

A square or slightly rectangular shape with curved sides and rounded or pointed corners, the Cushion Cut gets its name from a pillow-like appearance. .

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MID Japan

MID HOUSE OF DIAMONDS NAMED OUSTANDING EXPORTER TO JAPAN IN 2017

The award will be officially made at a special gala event in Tel Aviv on December 12, in the presence of the Japanese Ambassador to Israel.

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Hong Kong Convention Center

MID HOUSE OF DIAMONDS HEADS TO HONG KONG FOR 2017’S LAST MAJOR SHOW

JMA Hong Kong is a show with twist. It is a cash and carry event, welcoming both trade professionals and members of the general public.

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The Princess Cut, second most popular diamond shape after round cuts.

THE SHAPE OF THINGS: PRINCESS CUTS

The second most popular shape for diamonds after the round brilliant, because their girdle has straight sides they can be more easily used in a jewelry requiring multiple sets of diamonds, using invisible or channel settings.

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Polished round diamond

THE SHAPE OF THINGS: ROUND CUTS

Round cut diamonds make up more than 75 percent of all sales. No wonder that they usually achieve the best brightness, fire and scintillation. The first article in a series about diamond shapes.

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MID HOUSE OF DIAMONDS TO ACCEPT BITCOIN AS CURRENCY FOR PAYMENT

MID HOUSE OF DIAMONDS TO ACCEPT BITCOIN AS CURRENCY FOR PAYMENT

The company will begin accepting bitcoin as payment from clients, making it one of the world’s first gem dealers to recognize the crypto-currency as legal tender

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A 37.30-carat Raj Diamond, which has been described as the world’s largest known intense pink fancy-color diamond. The Donnersmarck Diamonds, two massive fancy intense yellow diamonds weighing 82.47 and 102.54 carats. (Photo Credit: Sotheby's)

WORLD’S LARGEST INTENSE PINK FANCY COLOR DIAMOND TO BE AUCTIONED ON NOVEMBER 15

Called the “Raj Pink,” it is estimated that the diamond will obtain a price of between $20 million and $30 million.

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the third-largest diamond ever found in Sierra Leone and the 14th-largest discovered worldwide.

709-CARAT ROUGH DIAMOND TO BRING PEACE DIVIDEND TO SIERRA LEONE

A 709-carat rough diamond is the third-largest diamond ever found in Sierra Leone and the 14th-largest discovered worldwide.

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MID (polished diamonds) photo 1

DIAMONDS’ TRUE FREE MARKET: A PROFILE OF THE WHOLESALE TRADE

The wholesale trade plays a critically important role the geographically diverse jewelry market. It is extremely efficient in matching suppliers to buyers.

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THE STORY OF ISRAEL’S DIAMOND INDUSTRY IS THAT OF THE COUNTRY ITSELF

Just 100 years earlier, what is today the densely-packed diamond business district of metal and glass skyscrapers was largely open fields.

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RJC MIDDIAMONDS

MID HOUSE OF DIAMONDS CERTIFIED AS COMPLIANT WITH RJC CODE OF PRACTICES

The Code of Practices defines responsible ethical, human rights, social and environmental standards for the gemstone and jewelry business.

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HK diamond trade show

IN SEPTEMBER, ALL ROADS LEAD TO HONG KONG

Considered the world’s largest jewelry trade show, the Hong Kong Jewellery & Gem Fair this year will feature 3,600 exhibitors and about 60,000 visitors.

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IJL LONDON 2017

IJL 2017 PROVIDES A VIEW OF UK DIAMOND MARKET IN A POST-BREXIT WORLD

As the 2017 edition of  United Kingdom’s premier jewelry show winds down, the market is provided insights as to what will happen to the diamond market when the country exits the European Union.

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MID House of Diamonds hewelry

THE MOST VALUABLE METER IN THE PIPELINE, THE JEWELER’S COUNTERTOP

Following a journey that began deep below the earth’s surface, the stone travels across the counter in a jeweler’s store, and instantly adds more than 50 percent to its value. Part 4 of a 4-part series.

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Social media at MIDDIAMONDS

DIGITAL MARKETING IN A BRAVE NEW WORLD

With the emergence of the Internet as the primary communications platform, a company website backed by social media has become an absolute necessity.

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POLISHED DIAMONDS, ON THE CUTTING EDGE

The midstream of the diamond pipeline is the sector responsible for transforming the stone into a product that is valued by consumers, converting it from a nondescript mineral into a true luxury product. Part 3 of a 4-part series.

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MID TO SALUTE UK JEWELLERY MARKET AT IJL SHOW IN LONDON

Each September, jewelers from around the world gather at International Jewellery London (IJL), the United Kingdom’s’ leading trade event for the international jewelry industry.

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ROUGHLY SPEAKING, TRAVELING FROM THE DEPTHS OF THE EARTH

The anchor of the diamond trade is its rough diamond sector, which on an ongoing basis generates a steady flow of merchandise from mine to market. Part 2 of a 4-part series.

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Argyle Everglow diamond

SPECTACULAR RED STONE GETS TOP BILLING IN 2017 ARGYLE PINK TENDER

The 2.11-carat gem called the Argyle Everglow is said by Argyle to be the largest fancy red diamond ever to feature in the 33-year history of the pink tender.

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rough diamond

A JOURNEY ALONG THE DIAMOND PIPELINE

The diamond pipeline is the figurative pathway along which natural stones travels from  the depths of the earth to the ring upon the finger of a bride. Along that journey – from mine to marketplace – it accumulates value. Part 1 of a 4-part series.

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Fancy color Diamonds

NO REASON TO FEEL BLUE ABOUT FANCY BLUE COLOR PRICES

While registering a moderate 0.8 percent rise between the first and second quarter of this year, fancy blue colored diamond prices were on average 5.5 percent higher than where they stood during the second quarter of 2016.

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Diamonds Chain of Supply Cover

DEFENDING THE INTEGRITY OF THE DIAMOND SUPPLY CHAIN

Reputation is a critical factor in maintaining consumer confidence, especially for a non-essential luxury product. If that reputation is damaged, consumers may simply choose to spend their discretionary income in other ways.

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MID House of Diamonds API 3 (cover)

SELECTING THE CORRECT API STRATEGY

API is not a one size fits all option, and a company would be wise to consider the various strategies available before taking the plunge. Part 3 of a 3-part series.

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Natural fancy Black Loose Diamond

THAT OLD BLACK MAGIC

Natural-color black diamonds generally are completely opaque, with a high luster, which provides the stones with a metallic appearance.

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API Part 2 cover

API – A MYRIAD OF OPTIONS

The ability of the store to offer online a large variety of inventory that is relevant to its customers is of critical importance, and increasingly the preferred tools are APIs. Part 2 of a 3-part series.

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ONLY WANT TO SEE YOU IN THE PURPLE RAIN

Natural fancy purple diamonds make up only two-tenths of 1 percent all fancy colored diamonds, meaning that, regardless of size, they generally are worth more per carat than most other diamonds in the fancy color range.

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mid house of diamonds Ecomerce

THE INTERNET DOES NOT COMPETE WITH IN STORE SALES, IT’S PART OF THEIR FUTURE

The online market phenomenon is not killing the traditional brick and mortar store, but it is forcing it to rethink the way it does business. Part 1 of a 3-part series.

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GIA's cut diamond grading scale.

CLARITY ENHANCED – FRACTURE FILLING

The methodical name for the treatment behind clarity enhancement is fracture filling. Fracture filling is the main treatment behind the enhancement process. This treatment is aimed at eliminating inclusions called feathers.

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Diamonds Fluorescence

WHAT IS FLUORESCENCE?

Some high-quality diamonds display a visible light when they are exposed to ultraviolet light. This is known as fluorescence.

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diamond 4c cut polish symmatry

Diamond Cut/Polish/Symmetry

A diamond’s cut not only refers to its shape, but also how effectively the stone can return light back to the viewer’s eye. A well-cut diamond will appear very brilliant and fiery, while a poorly cut stone can appear dark and lifeless.

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AUTUMNAL BROWN SHADES OF COGNAC, CHAMPAGNE AND CHOCOLATE

To popularize fancy brown diamonds, Rio Tinto  began a massive marketing campaign that referred to them by a variety of more attractive and frequently appetizing names.

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 A DIAMOND SALUTE TO THE USA ON INDEPENDENCE DAY

MID House of Diamonds honors American Independence Day with five glittering milestones set by diamonds in the United States.

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GOING GREEN THE NATURAL WAY

The source of the green color in natural stones is their being exposed over millions of years underground to radioactive minerals located in close proximity, such as uranium.

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MAKING AND REPORTING THE GRADE

There are several basic criteria according to which a diamond is graded. The four Cs form the basis of any diamond grading report, or, as they commonly are called in the trade, diamond grading certificates.

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RED HOT AND RARE

Predominantly red diamonds are one of the rarest items found in nature. This refers to a stone with red as the primary color, with no secondary hues colors.

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VIVID CANARY OR MELLOW YELLOW

Yellow diamonds are considered fancy colored when they fall outside the traditional D-to-Z color range. While rare, they are more common than pink, blue and red fancy colors.

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Asia Loose diamond industry

AFTER TWO TOUGH YEARS, ASIAN DIAMOND AND JEWELRY MARKETS SET FOR RECOVERY

Better results by Asia’s largest jewelry retailer was indicative of a general improvement in the region’s luxury markets, which had been in slowdown since the second half of 2015.

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HONG KONG JEWELLERY & GEM FAIR

JUNE HONG KONG JEWELLERY & GEM FAIR SPRINGBOARD TO WORLD’S FASTEST GROWING MARKETS

This year the show will celebrate its 30th anniversary, with about 2,200 exhibitors from 41 countries and regions, serving 25,000 professional buyers.

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PRETTY IN PINK

There are probably no gemstones that more effectively capture the public imagination than pink fancy colored diamonds, and they have done so for centuries.

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MID WRAPS UP SUCCESSFUL JCK SHOW, SETS SIGHTS ON HONG KONG

In the opinion of MID’s team in Las Vegas, if anything, the 2017 JCK Show show was better than the one in 2016.

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WITH 8,000 STONES, MID’S DIAMOND INVENTORY IS THE LARGEST AND MOST VALUABLE AT JCK

 MID’s exhibition booth, which is greeting buyers from all over the world, is located in the Diamond Plaza, at Bayside, Level 1, stand B52017.

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Fancy Blue Diamond Cover

SINGING THE BLUES, THE FANCY COLORED DIAMOND WAY

Blue diamonds are exceedingly rare, constituting less than one-tenth of a percent of all fancy colored diamonds.

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Fancy Colored Diamonds

A FIRESTORM OF FANCY COLOR DIAMONDS

A 6.1-carat pink diamond ring given by actor Ben Affleck to actor and singer Jennifer Lopez in 2002 created a sensation that raised the public profile of this most rare of diamond categories.

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REGISTER TO ENJOY THE FULL POWER OF MID ONLINE

For registered users, the MID Online service is not simply a search tool, but a comprehensive business application, which even enables clients to customize and embed the application on their own websites, allowing their customers to search the MID database, as if it were their own.

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JCK MID House of Diamonds

IT’S SHOWTIME FOLKS: THE WORLD RETURNS TO JCK IN LAS VEGAS

For four days, through June 9, the 2017 JCK Show in Las Vegas will grab the attention and the imagination of the American and international trades, and for the 20th year running MID House of Diamonds will be there in full force

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Iphone App Image

BUYING AND SELLING DIAMONDS ON TECHNOLOGY’S CUTTING EDGE

In developing its online sales platform MID sought to accomplish two goals: offering the access, choice and immediate response provided by e-commerce, while maintaining the confidence of clients who were used to physically examining the diamond.

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BaselWorld MID Stand

MID ON THE TRADE FAIR ROAD: 11 SHOWS, 8 COUNTRIES, 43 DAYS

For 43 days over the coming 12 months, teams of MID sales executives will staff company booths at a variety of diamond and jewelry trade fairs in eight different countries, essentially bringing the company, its people and its merchandise directly to its market.

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SERIES OF HIGH-PROFILE AUCTION SALES BRING FANCY-COLOR DIAMONDS BACK INTO SPOTLIGHT

Sotheby’s magnificent jewelry sale on May 16 features pink and blue diamond earrings that together could bring in more than $68 million. In April a pink diamond broke records when it sold for $71.2 million in Hong Kong.

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MID@CARAT+ antwerp

MID USES SPECTACULAR DIAMONDS AND TECHNOLOGY TO DRAW CLIENTS INTO BOOTH AT CARAT+ IN ANTWERP

MID’s Belgian team has employed a various of means, both classic and cutting edge, to draw in buyers traversing the exhibition area at the CARAT+ show.

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antwerp-diamonds mid house of diamonds

FIVE REASONS TO VISIT THE MID BOOTH AT THE CARAT+ SHOW IN ANTWERP

There literally are thousands of reasons to visit MID’s booth at CARAT+, most of them round, brilliant or fancy shaped. But here are another five.

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MID TO EXHIBIT AT PREMIERE EDITION OF CARAT+ IN ANTWERP

The new trade show is being billed as the only international fair today catering exclusively to buyers of loose diamonds, diamond jewelry and diamond-related services.

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KIM KARDASHIAN $1 MILLION DIAMOND CHOKER

PREGNANCY BLING: KIM KARDASHIAN WANTS A $1 MILLION DIAMOND CHOKER AS PUSH PRESENT

Kim Kardashian is expecting a new baby any day now, but she’s also expecting something else entirely: a push present worth about $1 million.

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HOW MUCH DID COUPLES SPEND ON A DIAMOND ENGAGEMENT RING IN 2015?

HOW MUCH DID COUPLES SPEND ON A DIAMOND ENGAGEMENT RING IN 2015?

Every year around Christmas, The Knot – a huge wedding online resource in the US – publishes results of The Knot 2015 Jewelry & Engagement Study.

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5 JEWELRY TRENDS TO WATCH FOR IN 2016

FROM OVER-SIZED EARRINGS TO CHOCKERS: 5 JEWELRY TRENDS TO WATCH FOR IN 2016

2016 has begun, and like every new year, it too will try to bring fresh, exciting trends in fashion and accessories. Since not every year can witness the re-invention of the wheel…

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MARRIAGE PROPOSALS FROM AROUND THE WORLD

I DO! 7 MIND-BLOWING MARRIAGE PROPOSALS FROM AROUND THE WORLD

Last week, a Belgian publication called Flair Magazine made some international buzz with an original campaign: under the motto “If you want it done right, do it yourself”, the magazine launched an “Ask him to marry you” campaign, encouraging women to propose their partners.

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DIAMOND CUT POLISH SYMMETRY

DIAMOND CUT/POLISH/SYMMETRY

Having a hard time finding a gift for your loved one on Valentine’s? According to a recent survey by the National Retail Federation on Valentine’s Day spending trends, you can’t go wrong by sticking to one of these three classics – candy, a night on the town and of course – a piece of jewelry.

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JCK Mandala BAY 2016 mid

Visit Las Vegas in June 2016 for the best in Jewelry, Entertainment, Events and Attractions

JCK Las Vegas  is one of the premier jewelry events on the calendar with over 23,000 retailers and over 2,300 exhibitors from around the world showcasing new products, designs and trends from around the world.

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MID HOUSE OF DIAMONDS TRADE SHOWS
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MID HOUSE OF DIAMONDS TRADE SHOWS
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MID HOUSE OF DIAMONDS BLOG.
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