Headlines

Now Open for Business: De Beers’ Rough Diamonds Auction Platform

Published

8 years ago

June 28, 2016

INSTORE Staff

Diamond producer piloting a new concept.

De Beers announced that it has begun piloting an online auction platform through which businesses can sell rough diamonds, Rapaport writes. The article says that the service is available for single stones of more than 5 carats or fancy-color diamonds, and that the service is only available to businesses adhering to certain standards. Neil Ventura, the EVP of auction sales at De Beers, told the news outlet that the project “gives us the opportunity to test the strength of demand for such a service.”

Read more at Rapaport

This Third-Generation Jeweler Was Ready for Retirement. He Called Wilkerson

Retirement is never easy, especially when it means the end to a business that was founded in 1884. But for Laura and Sam Sipe, it was time to put their own needs first. They decided to close J.C. Sipe Jewelers, one of Indianapolis’ most trusted names in fine jewelry, and call Wilkerson. “Laura and I decided the conditions were right,” says Sam. Wilkerson handled every detail in their going-out-of-business sale, from marketing to manning the sales floor. “The main goal was to sell our existing inventory that’s all paid for and turn that into cash for our retirement,” says Sam. “It’s been very, very productive.” Would they recommend Wilkerson to other jewelers who want to enjoy their golden years? Absolutely! “Call Wilkerson,” says Laura. “They can help you achieve your goals so you’ll be able to move into retirement comfortably.”