How The International Diamond Exchange Is Working

Diamonds that have been newly mined pass through an international diamond exchange, which is essentially the central distribution point in the diamond supply chain. There are a number of factors taken into account when the diamonds are reviewed for sorting, after which they are then passed on to dealers and manufacturers. Once they reach that point, the diamonds are cut and made ready for sale. Tel Aviv, Israel is home to Ramat Gan, the world’s largest international diamond exchange. Ramat Gan makes it’s home in the Diamond Tower, which is where you will find the largest diamond trading floor in the world. It is also home to several other international exchange buildings.

Diamonds are a global business, which is why you will also find exchanges in places such as Antwerp, Belgium and New York City. It is in these exchanges where traders buy the rough diamonds that have been recently mined. Clarity, color, shape, and size are all characteristics that factor into the value of a diamond. People who work in the exchanges need to know a lot about the gems in order to come up with a fair value. It goes without saying that all diamond sorters are required to go through rigorous background checks. Once the diamonds have been sorted, ultra-sensitive scales are used to weight the stones. It is worth noting that you only usually get roughly one ounce of useable stone from every 142 carats.

With the sorting and weighing complete, international diamond exchanges then move on to distribution. The stones that are sent out to dealers are the ones that have been deemed useable by the sorters. Once the dealers take possession of the stones, they will very often send them off to factories to be cut and polished. Diamonds can change hands many times before they are actually delivered to market. It is the profit that the sorter makes which determines the difference between the buying and selling price of diamonds. On average, sorters show a profit margin of somewhere around 10%. The Ramat Gan diamond exchange is responsible for sorting roughly 65% of all the rough diamonds in the world, which explains why the sorters who work there earn more than most.

There are some dealers who are allowed to conduct transactions with Israeli exchanges. These dealers are known as sightholders. These dealers are granted access to bundles of stones that may not necessarily be in accordance with the request that the sightholder submits. The only option they have it to accept or reject the bundle based on the selling price. Once the bundles have been accepted, sightholders are then expected to market and distribute the stones to consumers in order to drum up more interest in the Israeli diamond exchange.

Skull Ring Ultimate Buying Guide

Applies to:

-Bikers and motorcycle enthusiasts

-Men looking for skull jewelry

-Anyone else who is looking for skull shaped rings either for themselves or a friend/family/loved one

The Makings of A Proper, Bold Skull Ring:

Quality: There are many online and offline distributors of skull shaped jewelry. It is impossible to ensure the quality of the ring without physically holding it and seeing it. Thus you must make sure the ring you are purchasing is from a reputable seller, with a 14-30 day return and exchange policy, and no restocking fees! At the minimum, the online retailer should supply a decent quality picture of over 400 pixels (at least 3 inches)

Style: Buying biker gifts for someone else? Since skull rings are geared more for men between 20-50 years of age, smaller sizes will not be available. Most skull rings carried by top jewelry retailers start at size 8 and can range up to size 20+

Beware of rings that are labeled or associated with a brand names such as Harley Davidson. These rings may not be officially licensed by its respective holder and the seller may be using the name(s) in order to get better page rankings on search engines. If you are looking for a Harley Davidson ring for example, make sure the item has a certificate of authenticity.

Weight: At the bare minimum, 15.0 grams. A skull ring that does not weight at least 15 grams will be light, undermined, and likely to be of lower quality in general. The reason for this is that a large amount of solid metal must be used in order to create a thick, heavy ring; there is no way around it! The skull ring style is intended to be large, exuberant, loud, masculine, and most importantly BOLD. Biker rings of most styles require solid metal filling, and this is the area that some retailers decide to cut corners and ‘shave the insides’ for less weight. Be sure to watch for that!

The maximum weight a ring should weigh is 35 grams. Higher than 35 grams and you’ve got a heavy ring that may wear your finger out throughout the day and cause stress and inconvenience over a period of time. Finally, that extra weight would translate to a larger ring (regardless of ring finger size) that also may be cumbersome and get in the way of daily activities.

Price – Silver or Gold?: Silver is your best bet for any skull ring. Why? Simply because of cost/price. A typical silver skull ring can cost anywhere from $50 to $250, depending on style, size, market price of silver at the time, and other factors. The same ring in gold will be 5 times or more in terms of price.

Even a basic, 14k Gold ring will cost $200 to $750. This is due to market prices of Silver VS. Gold and the HUGE gap between the two. If tarnishing or oxidation is holding you back from silver, simply invest in a silver cleaning cloth which can be found at any jewelry store for about ten dollars or less. Just one minute of rubbing your bold, masculine skull ring will ensure optimum shine and look. Do it once a month or as needed and your jewelry will remain in tip-top shape!