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The Diamond Exchange Plays A Crucial Part In The Jewelry Industry

By Steven Anderson


Diamonds are a girl's best friend is an old adage that has been used for years. However, many people do not have any comprehension about what it takes to get these stones from the ground onto a piece of jewelry. The process begins with an international diamond exchange.

After the gems have been sorted, based on specific characteristics, they can then be distributed to jewelry dealers. Once distributed, the gems are cut into specific fashions, and sold to the general public. The fashions and prices of the fashions will differ, based on the amount of gems that are used to make a piece of jewelry.

There are a plethora of sorting facilities set up all around the world. In most cases, it is impossible to obtain the exact location of these facilities, due to security. If everyone knew where these facilities were, these facilities would probably get broken into a lot, stopping them from being able to complete their assigned tasks.

Miners will bring the gems that they have located, through mining, into the processing center. The processing center will purchase the gems from the miners, after they have determined if they are true gems or not. Once purchased, then the processing center will have to do their part, before they can sell the gems off to jewelers.

The stones value is based off of four characteristics. The sorters determine the value of the gems based on their color, size, shape, as well as their clarity. Because sorters are required to determine the value of these precious stones, in order to be a sorter, you will have to go through an extensive training course.

The sorters will determine the value based on the stones clarity, size, shape, and its color. Because sorters are given one of the most important jobs, they will have to go through training before they can be employed to work for any of the exchanges that exist around the globe. Sensitive scales will be used to determine the weight of precious gem before it is sorted and after the sorting process has completed.

The second task that an international diamond exchange is responsible for is distributing the stones they have received to jewelers. The sorters, once they have completed sorting through the stones, will sell their stones in packages to interested jewelers. A lot of these jewelers, once they receive the stones from the sorting facilities, will send the stones off to be cut down and polished in outside factories.




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