Well, for all the people who are following our antique and diamond blog,
we apologize that we have been a bit lax lately due to all our
traveling. However, we are now back!
Fresh from the famous antique jewelry show in miami, this is the
perfect time for us to comment on the status of the antique jewelry and
diamond business throughout the world.
Let’s first comment on who exactly showed up in miami, and who
stayed home. Our friends from the far east stayed home. Our friends
from China are still holding back, but we are starting to see them
slowly coming back. Our friends from india are also starting
to come back, but they still have a long way to go.
How about our friends from Europe? Unfortunately, we still haven’t
seen them, especially our great customers from Italy. It seems to us
that the recession is still hurting the diamond and jewelry buyers
there. We also didn’t see many friends and dealers from the Arab
We did, however, see alot of our friends from the U.S at the miami
show. There were, of course, dealers from all across the country and
many private clients lining up to get into the show.
Diamonds are still in short supply so that has helped keep diamond
prices strong, but we do see a little bit of weakness in the price
of flawless and vvs diamonds. We think that until our friends from the
far east come back, the price of these diamonds will stay a bit
weak. Since our friends from the U.S. are still here, diamonds for
the U.S are still strong. Big diamonds and VS to SI diamonds are
very strong and very hard to find. Also still very strong are fancy
color diamonds, especially blues, pinks and fancy yellows due to
the rarity of these diamonds.
Now onto antique jewelry. As we said last year antique jewelry is
still in very short in supply. When there is a shortage in supply that
usually tells us the prices are very strong and that is exactly what we
Artdecodiamonds.com had a great show but prices for pristine
antique engagement rings and pristine jewelry (necklaces
and earrings particularly) were very strong and very hard to find.
One thing that wasn’t very hard to find was the weather, so when
we weren’t working, we were we did have gorgeous
weather! Our next blog will discuss what is going on in Hong Kong, from
the big Hong Kong diamond show and we will comment about the
jewelry at the Oscars!