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For the past thirty years, the colored-diamond market has been a one-way street: up. What almost no one outside the trade has noticed is that the street is now closing behind us. Argyle is gone. The few remaining Canadian and African fancy-color streams have been swallowed by luxury conglomerates who now feed their own retail…
For years the trade treated Type IIa the same as any other high-color white stone. That changed forever in 2024. Internal sight-holder data (never published) shows the following for D-flawless / IF Type IIa stones above 10 carats originating from Botswana Orapa & Jwaneng: That is not a bubble. That is the permanent disappearance of…
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