| | PRESS RELEASE
OCT 16, 2004 : Embargo 09:00 ESTRAPAPORT HOLDS FIRST INTERNET Diamond Tender
-- 18 - 21 OCTOBER 2004, New York -- INDEX® -- Internet Diamond Exchange and Rapaport hold first Internet Diamond Tender at
www.Diamonds.net. |
| INDEX® -- Internet Diamond Exchange, a member of the global Rapaport Group, is holding the world's first Internet Diamond Tender. Over 1,500 individual diamonds with an estimated wholesale value above $8 million are being offered for sale. The diamonds come in a full range of shapes, sizes, qualities and price points with estimated values from $500 to $60,000 per diamond. |
Every diamond offered for sale has been graded by the leading independent Gemological Institute of America (GIA) or American Gem Society (AGS) diamond grading laboratories and will be delivered with the grading report from the laboratory. The diamonds are all cut to the highest standards of proportion and symmetry to maximize their brilliance.
Buyers may review the list of diamonds for sale, register to bid and place their bids at the
www.Diamonds.net website. Members of the diamond trade may also schedule an appointment to physically inspect the diamonds in the Rapaport New York office.
Viewing and bidding will take place from
Monday, October 18 through Thursday, October 21 with tender close at 5 PM EST October 21.
Martin Rapaport, chairman of the Rapaport
Group and INDEX -- Internet Diamond Exchange said: "This
new INDEX tender provides an excellent opportunity for everyone in the diamond
trade to buy the best diamonds at the best prices. Now you can get the finest
diamonds at market prices even if you do not have ‘special connections.' Our aim
is to democratize access to the best-quality diamonds and encourage the
development of highly efficient commoditized diamond markets. We believe that
commoditization will not damage efforts by others in the diamond trade to
develop brands, but will encourage many new innovators to develop added value
initiatives as access to the best diamonds improve. We believe that this tender
is a bold step as it encourages the development and maintenance of better free,
fair and competitive diamond markets."
The Rapaport Group is well known as the primary source of diamond price and market information. The Group is an international network of companies actively involved in publishing, research, diamond grading, Internet news and diamond-trading networks. Group assets include the Rapaport Diamond Report®, INDEX® -- Internet Diamond Exchange, RapNet® and Diamonds.net™.
Press Contact: Adam Graham -- 1-702-893-9400,
adam@diamonds.net ,
www.Diamonds.net .
+++ Rapaport-INDEX Polished Diamond Tender +++
Over 1,500 GIA and AGS Graded Fine Cut Diamonds
0.25 to 5 ct+, D-M, IF-SI and Fancy Colors
Bidding on the Internet For Individual Lots
Viewing by appointment at Rapaport New York
-------------------------------------------
Tender Viewing - Oct. 18
Tender Close - Oct. 21 at 17:00
-------------------------------------------
Main Tender Web Page:
www.diamonds.net/tender
View Online Catalog:
www.diamonds.net/tender/catalog.asp
Register to Bid:
www.diamonds.net/tender/register_olform.asp
Print Fax Bid Form:
www.diamonds.net/tender/FaxBid.pdf
---------------------------------------------
For Customer Service. Email: tender@diamonds.net
Rapaport New York: Sue/Daudri +1-212-354-9100 ext. 1
Rapaport India: Pooja +91-22-5637-6633
Rapaport Belgium: Shavit +32-3-232-3300
Rapaport Italy: Francesco +39-333-937-3455
Rapaport Israel: Ayelet +972-3-613-3330
Don't miss this opportunity to buy
the Best Diamonds at the Best Prices.
Every diamond graded by the GIA or AGS. |
© Copyright 1982-2004 by Martin Rapaport. All rights reserved.
Index® Rapaport® Diamonds.NetTM, and JewelryStore.ComTM are TradeMarks of Martin Rapaport.
| |
