|Leibish & Co.||Enlarge|
|3.71 Carat Yellow Diamond Ring|
In recent years a new niche market has opened up in
Leibish and Co. trade in natural colored diamonds in a variety of hues and sizes. The company specializes in pink diamonds from the Argyle mine in
"In recent years we've noted that there tends to be market demand for finished products and not just polished diamonds. Last year we decided to rise to the challenge and offer our customers the opportunity to design their own jewelry. After choosing the diamond and determining a budget for the piece of jewelry, the customer – working in full cooperation with our jewelry designer, Havi Yitzhakov, designs the jewel of his dreams step-by-step. This process has left our customers highly satisfied, as a result of which we're now working to expand our jewelry design and manufacturing department. We definitely see this field as an area of development and growth, since many people are looking for unique statement jewelry – something out of the ordinary – which they can find at Leibish and Partners."
Do you feel that the market is recovering, and what are your company's expectations for this year?
"During the past year it was visible that confidence was coming back into the market and people were buying more, because they believed in the merchandise. This was also seen in the prices of Vivid and Intense Fancy yellow diamonds. Pink diamonds also gained strength, especially the Argyle pink stones, due to a lack of merchandise and the rumors that the mine would close in the next few years.”
"We believe that the trend towards recovery will also continue this year in the field of natural fancy colored diamonds, especially the rare colors that attract collectors and investors who are tired of the stock market and are looking to diversify their portfolio with something stable that not only keeps its value but also has proven appreciation over the years."
Roni Zarfati and Elad Zohar, owners of Reddiam, say that the financial crisis in the
"Because of the financial crisis, we decided to sell more pink diamonds, which are increasing in popularity in
Turning to the coming year, he continues, “We predict that the recent rise in colorless diamond prices will affect fancy diamonds and there will be a corresponding increase in prices. We hope that this year we'll be able to meet the demand."
|Dor Diamonds Ori Vogel|
Dor Diamonds (S.E. Vogel Ltd.) also deals in pink diamonds from the Argyle mine in
As for the future, Vogel explains, “In 2011 we intend to keep expanding our connections inside the sector. In light of globalization and the world market changes, cooperation and innovation are the obvious solutions. Along with our specialty of colored diamonds, we will develop our secondary specialization – matching pairs of high-quality pear-cut diamonds and round colorless diamonds. Personally, I intend to promote business and public action for the good of the local industry as a whole."
Leibish & Co. www.fancydiamonds.net
Red Diam www.reddiam.com
Dor Diamonds http://www.dordiamonds.com