Press Releases

IDEX Online Polished Price Changes – March 2 , 2016

Published

8 years ago

March 2, 2016

INSTORE Staff

by Danielle Max

(IDEX Online News) – Price of round diamonds generally continued to fall, extending a long-running pattern. Items in the 0.23-0.29 carat category showed the significant downward movement, with price drops of up to 19 percent. Goods in the 0.90-1.00 carat category also showed widespread downward movment, with falls as much as 16 percent. Items in the 0.30-0.39 carat category, however, showed some upward movement. Some positive changes also took place in goods sized 1.50-1.99 carats, but the previous month’s gains in goods above 5 carats did not recur.

The picture overall was more positive for fancy shapes, as there were more upward price changes. The most positive movement was seen in goods sized between 0.30-0.49 carats, with increases across the board – some as high as 10 percent. Price movement in items sized 5 carats and above saw many positive changes.

Following are some of the main changes in this month’s IDEX Online Diamond Price Report.

To receive a free copy of the full IDEX Online Diamond Price Report, contact prices@idexonline.com

Rounds

0.18-0.22 cts D-F / VVS1 +3% and J / VVS2 -4%
0.23-0.29 cts E-F / IF +2% and K-N / VS1+ -10-19%
0.30-0.39 cts D-M / SI1 +3-8% H-I / VVS2-VS1 -2-5%
0.40-0.44 cts changes including D-E, J, L & N / IF -2-3% and E-F / VVS1-2 +3-4%
0.45-0.49 cts D-E / VS1-2 -2-4% and G-H / VVS1-2 -2-4%
0.50-0.69 cts many changes including G and J / IF -3% and E-L / SI2 +2-4%
0.70-0.79 cts many changes including D-J / IF, E-J / VVS1 -3-6.5%
0.80-0.89 cts negative changes including D-E / VVS2-VS1, G-I / IF and H-L / VVS1-2.5-6%
0.90-0.99 cts downward changes including D-I / VS2+ -2-10%
1.00-1.24 cts negative changes including D-L / IF -2-9%
1.25-1.49 cts changes including E-J / IF -0.5-5%and G-J / VVS1 -1-3%
1.50-1.99 cts changes including H / IF-VVS1 -1-3%and K / IF-VVS1 +3-4% and L-N / VS2-SI1 -2-3%
2 cts F-G /IF -1-2% and J-M / VVS1-VS1 -1-4%
3 cts limited changes including D / VVS1-VVS2 -1-3% and I-J / VVS2 -3%
4 cts a few shifts including D-E / VS1 -3-6%, F-G / VS1 +3% and H / VS2 +9%
5 cts D-E / VVS2 –SI1 -2-5% and J / IF- VVS2 -3-6%,

Fancy Cuts

0.18-0.22 cts E / VS2+ -4-14%
0.23-0.29 cts D / VS1 -3% and G / VS2 +4%
0.30-0.39 cts positive changes including G-H / VS1+ +3-7% and I-J / IF +4-6%
0.40-0.44 cts F-G / I1+ +3-13% and J-N / IF-VVS1 +3-7%
0.45-0.49 cts F-K /SI1+ +2-10%
0.50-0.69 cts D-E / IF -6% and L / VS1-SI2 +3-9%
0.70-0.79 cts D-E / IF -2-6% and I-M / VS2-SI1 +2-5%
0.80-0.89 cts D-E / VS1 +3-6% and D-I / I1 -5-11%
0.90-0.99 cts D-I / VVS1-VVS2 -2-5% and K-M / VVS1-VVS2 +4-5%
1.00-1.24 cts negative changes including D-F / SI2+ -3-7% and H-J / IF-VVS2 -2-8%
1.25-1.49 cts D-F / IF – 2-3% and F-I / SI3 +1-3%
1.50-1.99 cts D-I / SI2 -2-3% and H-I / VVS2 -3%
2 cts changes including D-G / VS -2-3%and L-M / VS +2-3%
3 cts D-E / IF -3-9%and L-N / VS2 +2-4%
4 cts D-F / IF -1-3%
5 cts D-F / VS2-SI1 +3-6%

When There’s No Succession Plan, Call Wilkerson

Bob Wesley, owner of Robert C. Wesley Jewelers in Scottsdale, Ariz., was a third-generation jeweler. When it was time to enjoy life on the other side of the counter, he weighed his options. His lease was nearing renewal time and with no succession plan, he decided it was time to call Wilkerson. There was plenty of inventory to sell and at first, says Wesley, he thought he might try to manage a sale himself. But he’s glad he didn’t. “There’s no way I could have done this as well as Wilkerson,” he says. Wilkerson took responsibility for the entire event, with every detail — from advertising to accounting — done, dusted and managed by the Wilkerson team. “It’s the complete package,” he says of the Wilkerson method of helping jewelers to easily go on to the next phase of their lives. “There’s no way any retailer can duplicate what they’ve done.”