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How A Rapaport Auction works


1 Diamonds submitted enter Rapaport for processing
2 On staff gemologists verify and confirm diamonds
3 Buyers are contacted and auction scheduling opens
4 Dedicated expert trade team analyzes diamonds and if necessary make recommendations to improve product
5 Rapaport Auctions
Buyers view goods and bid
6 Seller receives top bid prices and has 24 hours to accept or reject
7 Rapaport invoices buyers and facilitates transaction
8 Buyer must make payment within 3 business days
9 Payments are executed to sellers 1 business day after funds are collected
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Upcoming Auctions

April
Tuesday
29
Melee Auction
New York & Dubai
 
April 29 - May 1 - NY
May 4-8 - Dubai
 
Catalog Live:4/29/14
Request Appointment

May
Wednesday
7
Single Stone Auction
New York & Israel
 
May 7-8– NY
May 11-14 – Israel
 
Catalog Live:5/07/14
Request Appointment

June
Monday
2
Single Stone Auction
New York & Israel
 
June 2-3– NY
June 8-11– Israel
 
Catalog Live:6/02/14
Request Appointment

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