Higher Diamond Prices—Again

Market in brief:July 1, 2005 … After June’s diamond-price increases, more dealers question if this trend is sustainable. Resistance to higher prices is strong at retail, but prices for high-demand goods are firm. Margins are under assault in other categories. Well-made rounds and princess cuts lead demand. Popular sizes include 1.25 and 3+ cts. in white, VS2 or better, well-made stones. Asscher and cushion cuts are also strong. Pears and ovals are doing well; demand for better-made marquises is improved.

In the colored-stone market, fine-quality unenhanced ruby and sapphire lead demand. Calls for natural padparadscha sapphires jumped dramatically during the second quarter. Prices are moving up but remain attractive compared with their previous high. Extra-fine-quality peridot is selling very well in five to under 10 carat sizes.

Prices shown represent actual wholesale memorandum prices paid by retail jewelers on a per-stone basis. All prices are per carat except for cultured pearls. No responsibility or liability is assumed for the consequences of the use of any information in this report, nor for errors or omissions. The terms Commercial, Good, Fine, and Extra-Fine are general classifications developed and used by The Guide. Each represents a range of individual quality grades. When they are used in conjunction with proper grading, one can accurately pinpoint a price from within the listed range.

A one-year subscription to The Guide includes six diamond issues (bimonthly); six newsletters (bimonthly); two colored-stone issues including pearls, opals, and jade (biannual); and The Guide Reference Manual. For more information, contact Gemworld International Inc., 630 Dundee Road, Suite 230, Northbrook, IL 60062; (888) GEMGUIDE or (847) 564-0555, fax (847) 564-0557. U.S., Canada, Mexico, $195 complete per year. Elsewhere $275 complete per year.

Diamond: 1/4 ct. round

VS1 VS2 SI1 SI2
G $1,200 $1,150 $975 $850
H $1,100 $1,000 $925 $800
I $1,000 $950 $850 $750
J $950 $900 $800 $725

Diamond: 1/2 ct. round

VS1 VS2 SI1 SI2
G $3,200 $2,800 $2,400 $2,000
H $2,800 $2,400 $2,200 $1,800
I $2,200 $2,100 $1,900 $1,700
J $1,900 $1,800 $1,700 $1,600

Diamond: 3/4 ct. round

VS1 VS2 SI1 SI2
G $3,800 $3,600 $3,300 $2,900
H $3,500 $3,300 $3,000 $2,800
I $3,200 $3,000 $2,600 $2,200
J $2,500 $2,300 $2,100 $2,000

Diamond: 1 ct. round

VS1 VS2 SI1 SI2
G $6,200 $5,900 $4,800 $4,200
H $5,300 $5,100 $4,400 $4,000
I $4,100 $3,900 $3,700 $3,400
J $3,700 $3,500 $3,100 $3,000

Fancy Pink Diamond: 1 ct. radiant

VS SI I1
$55K–$75K $40K–$70K $27K–$38K

Red Spinel

Good Fine
2 to under 3 cts. $150–$400 $400–$850
3 to under 5 cts. $250–$500 $500–$1,100

Blue Sapphire

Good Fine
1 to under 2 cts. $125–$420 $420–$1,250
2 to under 3 cts. $275–$630 $275–$1,750

Akoya Pearls (by the strand)

Fine Extra-Fine
18-in. strands, 6 to 6.5 mm $650–$850 $1,000–$1,200

Nigerian Spessartite Garnet

Good Fine
1 to under 2 cts. $75–$90 $90–$120
2 to under 3 cts. $90–$125 $120–$160

Blue Zircon

Good Fine
1 to under 3 cts. $20–$50 $50–$75
3 to under 5 cts. $35–$75 $75–$150

Tanzanite

Good Fine
1 to under 2 cts. $175–$325 $325–$425
2 to under 5 cts. $250–$400 $400–$500

Round Tahitian Black Pearls

Good Fine
8.0 to 8.5 mm $30–$60 $60–$120
10.0 to 10.5 mm $35–$90 $90–$150

Pink Topaz

Good Fine
1 to under 3 cts. $100–$300 $300–$600
3 to under 5 cts. $150–$350 $350–$700