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Buy Diamonds


Unprecedented Buying Opportunities


Rapaport Auctions provides buyers with a unique platform to buy diamonds at cash prices. Our professional team consolidates diamonds from suppliers around the globe motivated to sell for fair cash market prices. With monthly auctions held in New York, Israel, Hong Kong, and Belgium, our auctions provide consistent opportunities to purchase large quantities and a wide variety of diamonds at cash market prices.

Why Rapaport Auctions?

  • Diamonds are consolidated from many suppliers motivated to sell for fair cash market prices
  • Rapaport Auctions are a reliable source for wholesalers and manufacturers interested in sourcing merchandise
  • Rapaport provides a comfortable, hassle free environment for buyers to view diamonds
  • Trust in Rapaport offers buyers priceless peace of mind
  • Expert trading team always happy to assist, answer questions and ensure a positive buying experience

Auction Format

Rapaport Melee and Single Stone Auctions are similar to silent auctions and tenders with viewing over a specific period of time. All sealed bids must be placed by the specified deadline to be counted for that auction. Once the auction closes, suppliers have 1 business day to approve or reject the highest bids. Buyers are then invoiced for all lots accepted.

To Participate as a Bidder

Single Stone and Melee auctions are open to all qualified members of the diamond trade and all auction participants must be registered Rapaport Trading Partners.

Become a Rapaport Trading Partner

  1. Register here
  2. Submit a copy of your company's Business License or Certificate of Incorporation via e-mail to auctions@rapaport.com
  3. Submit a bid deposit of 10% of your bid limit via wire or check

Schedule an Appointment

Submit Bids

During an auction, buyers may inspect the merchandise in our offices and submit their silent bids.

Payment

  • There are no buyer fees or premiums for participating in an auction.
  • All winning bidders will be notified and invoiced within three business days after the close of auction.
  • Full payment is expected three business days after invoices are issued.
  • Payment is due in the form of wire transfer or certified check and made to the Rapaport office where the auction was held.
  • All funds must clear Rapaport’s bank account before the merchandise is released.

Delivery of Diamonds

Upon receipt of funds, lots will be released to winning buyers at the Rapaport office where the auction was held. Shipping can be coordinated under a buyer’s carrier account.

Sales Terms

  • All sales are final, AS-IS for cash with no returns, refunds, or exchanges.
  • Bidders are encouraged to view all lots. Rapaport does not guarantee the quality of any diamond or grading report. Rapaport does guarantee that the diamond matches the grading report.
  • All other additional important details are outlined in the Bidder Terms and Conditions Form.

All participants in Rapaport Auctions must comply with U.S. Patriot Act and OFAC regulations. The Rapaport Group does not deal in diamonds from Marange, Zimbabwe, or diamonds directly involved in human rights violations.
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Upcoming Auctions

October
Friday
3
Melee Auction
New York
 
October 3, 6 & 7 - NY
 
Catalog Live:10/03/14
Request Appointment

October
Wednesday
22
Single Stone Auction
New York & Israel
 
October 22-23 - NY
October 26-29 - Israel
 
Catalog Live:10/22/14
Request Appointment

November
Tuesday
11
Melee Auction
New York & Dubai
 
November 11-13 - NY 
November 16-19 - Dubai 
 
Catalog Live:11/11/14
Request Appointment

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