
Lower Diamond Prices for The New Year
January 8th, 2009Due to the recent increase in the value of the Australian dollar and diamond prices going down in US dollars, we have lowered the price of a few diamonds.
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Due to the recent increase in the value of the Australian dollar and diamond prices going down in US dollars, we have lowered the price of a few diamonds.

One of the most requested features that we encounter is for an online payment page where people can simply order diamonds, diamond engagement rings and diamond earrings online without the need to phone us.

Last week, we sent two GIA certified stones to the AGS lab. The reason being was that the GIA both gave them a “very good” cut grade, despite them being what we thought top stones deserving of a higher cut grade.

For about six months now, we’ve mostly been selling hearts and arrows round diamonds, as opposed to non-H&A round diamonds. Now that we’ve made our Crossfire round diamonds H&A only, we thought it time to introduce hearts images to complement our Ideal-Scope arrows pictures.

One thing that amazes me about diamond vendors in Australia is that lack any respect for GIA or AGS certificates, or any overseas certificate for that matter. By certificate, I mean the actual paper, that in the case of it being lost, stolen or damaged means that the actual diamond needs to be sent back to the lab overseas.

Last week, we sold a $23,000 pair of earrings. They were nice, 1.21ct each, one was hearts and arrows and the other ideal cut.

Today the Australian dollar fell below 75 US cents for the first time in years.

One of the things I’ve always wondered was how popular certain shapes of diamonds really are. So, I decided to gather statistics from our diamond search and see how many searches were performed on each shape.

We’ve just received clarification from GIA that new report numbers beginning with 21 and 51 will be available on the online report check on October 1st.

A few weeks ago, we sent seven stones to the GIA in Carlsbad for certification. Six had our own “Jogia Grading System” certificates and one had a DCLA certificate.