Are diamonds cheaper to buy in Antwerp?
Are diamonds cheaper to buy in Antwerp?
You can get a diamond cheaper and better quality in Antwerp than anywhere else. However, be very very careful there are alot of scammers out there. Make sure you get a GIA or HRD certificate.
Can you get good deals on diamonds in Antwerp?
Is Antwerp The best place to buy diamonds?
The Antwerp diamond exchange is a terrible place to buy diamonds. You would need to navigate a minefield of disreputable and unethical business practices to avoid getting scammed. Even if you manage to avoid all the scams, they aren’t offering good service or good value.
Are diamonds cheap in Belgium?
Have you ever wondered whether diamond prices are lower in cities like Antwerp? Its top position within the world of diamonds has resulted in diamonds in Antwerp having the best price-quality ratio, which means you will always pay the best price in the market.
How many diamonds go through Antwerp?
In 2017, roughly 234 million carats were traded in the district, an area with a workforce of 30,000 people. Over 80% of rough diamonds were purchased in Antwerp.
How do I buy diamonds from Antwerp?
8 things you need to know about buying diamonds in Antwerp
- Know where the shops are.
- Go for GIA-graded diamonds.
- Consider diamond dealers.
- Select a qualified jeweller.
- Enquire in advance about services.
- Take note of business hours.
- Claim your tax refund.
- Take home a diamond-shaped confection.
Is Antwerp still the diamond capital?
Antwerp is the undisputed diamond capital of the world. With 84% of the world’s rough diamonds and 50% of cut diamonds passing through, the city attracts international traders seeking the highest quality diamonds.
Where do Antwerp diamonds come from?
South African, Australian, Russian and Canadian mines directly ship diamonds to Antwerp. 85% of the world’s rough diamonds, 50% of the polished diamonds and 40% of industrial diamonds are passing through the diamond district — highlighting its status as the diamond capital of the world.
Is Belgium diamond real diamond?
An ideal cut diamond or a Belgian Diamond is a real and high-quality diamond that we often see in Thailand. Any diamond that has a weight of over 0.30 carat and a GIA diamond report are all considered as an ideal cut diamond.
Why do diamonds go through Antwerp?
Diamonds from all over the world were sent to Antwerp to be cut, polished and traded, further securing the solid reputation the city had earned as the best place to deal diamonds. Today, four of the world’s 30 diamond exchanges are in Antwerp.
Why is Antwerp the diamond capital of the world?
The Antwerp diamond exchange was established around 1456, when a local diamond polisher invented a type of polishing wheel called the scaife. This invention increased orders among the European aristocracy and attracted many diamond craftsmen– establishing Antwerp as the diamond capital of the world.
Where to buy diamonds in Antwerp?
Diamond World Antwerp Located in the heart of Antwerp’s famous diamond district, in the De Keyserlei 40 continuing to Vestingstraat 9. Within walking distance of the Diamond Exchange.
What is the Antwerp Diamond Quarter?
The Antwerp Diamond Quarter (Diamantkwartier) is perhaps the oldest, most storied, diamond district in the world. Long before New York, Hong Kong and Hatton Gardens came on the scenes, Antwerp was cutting and trading diamonds for export and local trade.
Is Antwerp’s dominance of the diamond trade over?
In the second half of the 20th century, Antwerp’s dominance of the diamond trade started to fall along the rise of Tel Aviv’s position. Now, as Mumbai has surged into control, Antwerp’s wholesale polished diamond trade has been in rapid decline (see chart below of amount of polished diamond exports out of Antwerp).
Is Antwerp’s preprecision cutting still relevant?
Precision cutting, Antwerp’s trademark, doesn’t really come into play anymore with advances in technology (automated laser cutting). As 99% of the diamonds out there are cut in large factories overseas, Antwerp’s expertise is a bygone skill. The modern diamond market has no need for polished “trading centers” that offer no added value.
