AUCTION YOUR DIAMONDS FOR CASH
We bring the most serious buyers from around the world
to bid on your diamonds.
Single Stone Auction - Seller Information
Auction Format
Auction Format: Rapaport Auctions are similar to silent auctions and tenders with
viewing over a specific period of time. All bids must be placed by 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 shortly 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
Become a Rapaport Trading Partner:
1. Fill out registration information
2. Fill out Patriot Act Compliance information
3. Submit a copy of your company's Business License or Certificate of Incorporation
(Via email: auctions@rapaport.com or
fax: +1-646-572-8535)
Submitting goods:
1. Contact the RAPAPORT TRADING TEAM notifying them of your interest to submit goods
in a specific auction
Payment:
* Invoices will be issued to buyers the Monday after Auction closing
* 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)
Additional 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
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