February 27, 2020 – ALROSA will hold a polished diamond auction on 1-11 March in its Ramat Gan trading office in Israel. The company’s cutting and polishing division Diamonds of ALROSA organizes the procedure.
ALROSA puts up for tender polished diamonds of regular color weighing over 5 carats as well as fancy yellow, pink and purple lots. One of them – a pear shaped diamond of a rare Intense Yellowish Orange color.
“In Israel, we will show different polished diamonds, including fancy colored. There is a stable demand for fancy color diamonds among customers around the world,” said Pavel Vinikhin, head of Diamonds of ALROSA.
ALROSA usually holds a polished diamond auction in March during a jewelry fair in Hong Kong. This year the organizers postponed the spring fair until May. ALROSA decided to hold its tender in Israel.