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GIA versus EGL, IGI and Other Diamond Grading Services

Posted on December 30th, 2013 by Goldman Buyer

As a diamond buyer and seller for over 33 years it is more common that diamond buyers and sellers in the industry honor GIA (Gemological Institute of America) certified diamonds over all the other legitimate companies offering grading services, like EGL (European Grading Labs), IGI (International Grading Institute), AGS (American Gem Society), etc. While these […]

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Golconda Diamond Sells for Nearly $11 Million

Posted on December 12th, 2013 by Goldman Buyer

The New York Magnificent Jewels auctions from April, October and the most recent in December brought in almost $193.9 million altogether. The final 495-lot auction last Wednesday, December 4, ended with the sale of an internally flawless diamond from the Golconda mine in India for $10.9 million. The Golconda mines are known for diamonds of […]

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Three Reasons to Keep Gold Around

Posted on December 3rd, 2013 by Goldman Buyer

Gold is one of the most fascinating natural metals on the planet. Aside from diamonds, few other materials have held such intrinsic,and instrumental value to people. Did you know that astronauts’ space helmets actually have a thin layer of gold on the visors to protect them from the glare and heat of sunlight in space? […]

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“Pink Star” Exceeds Expectations

Posted on November 19th, 2013 by Goldman Buyer

About a month ago, we posted about the Pink Star diamond, a 59.6-carat diamond that was expected to sell for at least $60 million at a Sotheby’s auction in Genevathis month. The Pink Star was mined in South Africa by De Beers in 1999, where it was originally named the Steinmetz Pink. It is one of […]

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China’s Booming Gold Market

Posted on November 12th, 2013 by Goldman Buyer

China’s total gold demand is projected to reach 1,000 tons in 2013. In order to support that demand, a gold vault, able to store up to 2,000  metric tons, opened this month in Shanghai. This is the largest vault built for Malca-Amit Global Ltd., a Hong Kong-based company. It could hold bullion worth about $82.5 […]

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