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 Diamond Terminology?

P:  6/2/2003 3:24:31 AM  
Newbie333
Newbie333

Rough Rock
Total Posts: 48
Last Post: 7/27/2004
Member Since: 5/26/2003
 
Can anyone break down the info in this report "line by line". Especially the 'numbers' (+6 1/2, +11, etc.) and also "natts" and "pointers". This was off a RAP newsletter. Good info, just wish I could interpret it!


A "Newbie" like me would sure appreciate it !!!


--------------------------------------
-6 1/2: Demand for white goods in the $90 to $140 range.
----------------------------------------
+6 1/2 -11: Demand for +8 natts in the $200 to $275 range.
--------------------------------------------
+11 -16: Demand for 10- to 14-pointers in the $500 to $300 range (from VS1 to SI2).
---------------------------------------------
1/5: Overall movement very slow except for some demand for white goods in the $300 to $375 range.
-----------------------------------------------
+1/2 -1: Demand for natts at $150 for 50 points only. .
------------------------------------------------
Princess: Demand for -7 at approximately $275. Demand for +7 in the $250 to $300 range. Slow movement for 1/4 and 1/3s in the $400 to $550 range. 1/2s in the $850 to $1,200 range and one carat goods in the $1,000 to $1,500 range.
----------------------------------------------------
THE ROUGH MARKET:

-11: Syndicate, Russian and Chicapa open-market rough selling in the $21 to $63 range.
---------------------------------
1/2: African goods in the $125-$175 are moving.
------------------------------------
1+: Demand in the $500 to $1,500 price band.
------------------------------------
Sawn Goods: Demand in the $148 to $190 price band for 12- to 15-per-carat sizes.
---------------------------------------
Flats: Demand for all sizes from $85 to $175.
---------------------------------------------
Color: Stars and melee below $45 moving.
----------------------------------------------

Posted:  6/2/2003 3:24:31 AM

 There are 2 replies to this message.  There are 2 replies on this page.

P: 6/2/2003 10:41:55 AM
oldminer
oldminer

Ideal Rock
Total Posts: 4,966
Last Post: 11/24/2009
Member Since: 9/4/2000
 
-6 1/2 less than .065 carat size
+11 -16 over .11 carat size to less than .16ct size...

natts: knotted rough, difficult to cut, many have black inclusions, too.
points .01carat weight. 10 pointers are .10ct weight for example

Overall the demand for poor goods is beign reported as strong....

David S. Atlas

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

www.datlas.com





Posted:  6/2/2003 10:41:55 AM
P: 6/3/2003 1:41:40 AM
Newbie333
Newbie333

Rough Rock
Total Posts: 48
Last Post: 7/27/2004
Member Since: 5/26/2003
 
Thanks for the reply!



It's alot of information there but it still seems kind of complicated.


Posted:  6/3/2003 1:41:40 AM

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