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 How often do new diamonds come into the market??

P:  5/28/2004 12:11:07 AM  
DawnMichie
DawnMichie

Rough Rock
Total Posts: 4
Last Post: 5/28/2004
Member Since: 3/30/2004
 
Hello,

I am looking for a cushion cut diamond and have notcied the same ones on everyone's diamond lists for a few weeks now. How often do new, fancy-cut diamonds come on the market?

Dawn

 


Posted:  5/28/2004 12:11:07 AM

 There are 12 replies to this message.  There are 12 replies on this page.

P: 5/28/2004 12:08:03 PM
oldminer
oldminer

Ideal Rock
Total Posts: 4,966
Last Post: 11/24/2009
Member Since: 9/4/2000
 
New diamonds enter the market every day, all around the world. Stones listed on Pricescope are only a fraction of the total available, but are certainly much more widely available than many which are traded closely among dealers and major users.

The fact that no new stones of the shape you are hunting for have been recently posted indicates to me that cushions are not the hot fashion stone of the present period. If you search for princess or round, you'd see a much more rapid listing of new stones and de-listing of sold stones.

I have written to Leonid to see if he has any data on this topic to share with Pricescope readers. One could trap a great deal of results from the listing and de-listing of diamonds on Pricescope.
It could be interesting to have a better perspective of the activity created by so much merchandise being listed and sold.

David S. Atlas

GG(GIA), ASG, Sr. Mbr. NAJA

www.datlas.com





Posted:  5/28/2004 12:08:03 PM
P: 5/28/2004 12:17:42 PM
niceice
niceice

Ideal Rock
Total Posts: 1,792
Last Post: 7/22/2008
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As Dave has pointed out, new diamonds enter the market every day... Diamonds that came off the cutting wheel five or six weeks ago, will just be clearing the labs that are grading them so that they can enter the open market. Most of the dealers here on PS have access to more diamonds than are listed on their web site, or will at least have an idea of what has been recently been manufactured and/or is clearing the laboratory. Contact one of the dealers who sells Cushion Cut diamonds and let them know what you are looking for so that they can start asking their respective suppliers for it. The JCK Trade Show begins next week in Vegas and most of us will be in attendance, it is a great opportunity for your chosen dealer to find the diamond for you and inspect it without having to ship a bunch of stones in a circle for you trying to find the perfect stone for you

Todd L. Gray, President
NiceIce.com

Posted:  5/28/2004 12:17:42 PM
P: 5/28/2004 1:13:00 PM
Pricescope
Pricescope

Administrator
Total Posts: 8,265
Last Post: 1/5/2008
Member Since: 1/1/2000
 
shape.......Sold in the last 2-weeks
Average.....17.2%
Princess....25.6%
Round.......20.9%
Asscher......9.8%
Emerald......9.5%
Marquise.....9.5%
Cushion......9.4%
Radiant......9.2%
Pear.........8.9%
Oval.........8.8%
Heart........8.1%
Trillion.....7.1%
Old Miner....6.2%
European.....4.5%
Flanders.....3.7%



Pricescope

Posted:  5/28/2004 1:13:00 PM
P: 5/28/2004 1:16:53 PM
laney
laney

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Total Posts: 750
Last Post: 7/27/2006
Member Since: 12/18/2003
 
Wow, more princess than round.. interesting

Laney

Posted:  5/28/2004 1:16:53 PM
P: 5/28/2004 1:18:44 PM
Patty
Patty

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Member Since: 12/7/2003
 
What is an "average" shape?

Posted:  5/28/2004 1:18:44 PM
P: 5/28/2004 1:37:15 PM
Pricescope
Pricescope

Administrator
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Last Post: 1/5/2008
Member Since: 1/1/2000
 
shape.......New stones in the last 2-weeks
All.........22.4% (all new stones)
Round.......29.9%
Princess....24.7%
Trillion....15.7%
Pear........13.4%
Cushion.....12.4%
Emerald.....11.6%
Radiant.....11.1%
Oval........10.1%
Marquise.....9.0%
Asscher......8.9%
Heart........7.9%
European.....7.6%
Old Miner....0.0%
Flanders.....0.0%

Average/All is for all sold or new stones %



Pricescope

Posted:  5/28/2004 1:37:15 PM
P: 5/28/2004 1:41:00 PM
noobie
noobie

Ideal Rock
Total Posts: 1,318
Last Post: 9/21/2007
Member Since: 3/3/2004
 
leonid, that's pretty cool.  Are these from the PS listings?  I always knew princess was very popular recently, but it's suprising to see them out sell rounds.

Posted:  5/28/2004 1:41:00 PM
P: 5/28/2004 1:47:38 PM
Pricescope
Pricescope

Administrator
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Last Post: 1/5/2008
Member Since: 1/1/2000
 
Noobie:
----------------
Are these from the PS listings? I always knew princess was very popular recently, but it's suprising to see them out sell rounds.----------------

Yes. They are hotter than rounds but in absolute numbers rounds are still about half of all diamonds.



Pricescope

Posted:  5/28/2004 1:47:38 PM
P: 5/28/2004 1:54:50 PM
noobie
noobie

Ideal Rock
Total Posts: 1,318
Last Post: 9/21/2007
Member Since: 3/3/2004
 
Ahh, got it. Thanks.
 
Did the numbers change since I last looked at them, or am going senile?

Posted:  5/28/2004 1:54:50 PM
P: 5/28/2004 2:01:34 PM
Magnum
Magnum

Cut Rock
Total Posts: 342
Last Post: 7/28/2004
Member Since: 3/26/2004
 
Ok. I think I get it now. I was a little confused at first. I originally thought that the percentages you listed showed what percentage of the total # of diamonds sold in the last two weeks were each individual shape. i.e. If 100 diamonds were sold, 25 were princess, 20 were round, etc. But the percentages didn't add up to 100%.

But I think I see what your saying now, and correct me if I'm wrong. The percentages listed are the percentage of each shape that has been sold. So if, for example, there were 1000 rounds in the market, 299 have been sold in the last two weeks, but there may only be 100 princess available, and of those 100, 25 have sold in the last two weeks. So just because the percentages are similar, there are actually a lot more rounds sold by number. Thanks for the info.

Posted:  5/28/2004 2:01:34 PM
P: 5/28/2004 2:43:59 PM
Pricescope
Pricescope

Administrator
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For ALL I just take total number of stones and calculated how many were sold and came new (in % of total # of listings). E.g. 100,000 total listings there are 22,000 new ones - we have 22% new stones in average.

Then I repeated the same for each shape. E.g. if 12,500 rounds have been sold from total 50,000 rounds, we have 25% rounds sold in two weeks.



Pricescope

Posted:  5/28/2004 2:43:59 PM
P: 5/28/2004 9:55:22 PM
lop
lop

Ideal Rock
Total Posts: 2,651
Last Post: 9/7/2009
Member Since: 6/14/2003
 
Very interesting stuff. I assume there are some key cycles for stones such as Christmas and Valentine's day. Any idea if the turnover stays pretty constant through these cycles? ie. number of stones inserted vis a vie number stone retain pretty constant ratios? or is the number inserted more steady and the selling periods more variable?

Posted:  5/28/2004 9:55:22 PM

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