Sell Diamonds
Auction Your Diamonds for Cash
Rapaport Auctions provides industry members with a unique platform to sell diamonds
at cash prices. The Rapaport Trading division is one of the largest recyclers of
diamonds in the world. Our mission is to assist retailers, gold buyers, wholesalers
and pawnbrokers sell their diamonds quickly and efficiently and provide consistent
cash flow through our monthly auctions. With a reach of over 13,000 global clients,
we target the most qualified buyers to ensure the most competitive cash market prices
for your diamonds.
We are a value-based organization and thrive on our long-term relationships. As
a seller, you will be provided with an expert trading team dedicated to maximizing
the value of your merchandise achieved at auction. Our reliable monthly auctions
held in our trading headquarters in New York, Israel, Hong Kong, and Belgium offer
you consistent opportunities to receive the best cash prices for your diamonds.
There is no risk in submitting your diamonds to auction, as you will always have
the ability to accept or reject the highest bid received for each lot.
Why Rapaport Auctions?
- Rapaport targets qualified buyers to ensure the most competitive cash market prices
for your diamonds
- Rapaport provides each seller with an expert trading team dedicated to maximizing
the value received at Rapaport Auctions
- Reliable monthly Rapaport Auctions offer sellers consistent opportunities to receive
cash for their diamonds
- Submitting your diamonds for Rapaport Auctions is easy and seamless
- No risk submitting your diamonds - seller has the ability to accept or reject highest
bid price
- Rapaport's trustworthy reputation offers the peace of mind that your diamonds are
secure
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 and are required to pay within 3 business days. Suppliers
are paid upon the completion of the collection process.
To Participate As a Seller
- Fill out registration information
- Fill out Patriot Act Compliance information
- Submit a copy of your company's Business License or Certificate of Incorporation
via email to: auctions@rapaport.com
Submitting Your Diamonds
Contact the Rapaport Trading Team notifying them of your interest in submitting
your melee or single stones to a specific auction.
Payment
- Invoices are generally issued to buyers one day after the auction closes
- Buyers must make full payment up to 3 business days after invoices are issued
- Suppliers are paid once the collection process is complete (1 week after invoicing)
Value-Added Services
In addition to selling your merchandise, Rapaport provides guidance and value-added
services to enable suppliers to achieve the highest cash market prices. Additional
value-added services include:
- Sorting
- Boiling
- Certification services
Insurance
All goods supplied are fully insured under Rapaport’s policy
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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Watch the Video
Upcoming Auctions
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Single Stone Auction
Israel
May 19-22
Catalog Live:
5/19/13
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In Progress
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View Catalog
Request Appointment
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Jewelry Auction
Las Vegas
May 27 - Jun 3
Catalog Live:
5/27/13
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Request Appointment
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Melee Auction
Las Vegas & New York
May 30 - Jun 6
Catalog Live:
5/30/13
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Request Appointment
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SEE MORE DATES »
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