In house stones/diamonds/whatever means that the company has immediate physical access to that portion of the inventory.
With diamonds, many vendors -- due to cost of having a varied inventory, etc. -- will list a "virtual inventory" - stones which they have access to ordering in for review, but not those that are immediately on site available.
A more complete answer....Can someone please tell me what this means exactly? Thank you!
One problem with virtual diamonds is that they build up in inventory if they are not quite right.
In addition to the benefits already mentioned, a vendor that has the inventory in-house can guarantee delivery, can provide different types of additional imaging and evaluation, and if they have a showroom that you can visit, you can view and compare the diamonds in person.
Time and time again, I see a consumer agonizing over a group of stones listed on one of the super low priced "virtual" sites- and I can easily see that some or all of the stones they're considering are on the "Rap" list- and in some cases, I know for sure, unavailable.
I feel bad for the consumers in these cases
Can you communicate this to Andrey and me offline please David.