Presentation on theme: "Challenges Facing the Diamond Industry in the Luxury Product Market BASELWORLD April 1, 2005 Shmuel Schnitzer President, Israel Diamond Exchange President,"— Presentation transcript:
Challenges Facing the Diamond Industry in the Luxury Product Market BASELWORLD April 1, 2005 Shmuel Schnitzer President, Israel Diamond Exchange President, World Federation of Diamond Bourses 1
Treated and Synthetic Diamonds From ‘Wired’ Magazine, Sep. 2003 Detection Disclosure 9
Treated and Synthetic Diamonds Diamond Sure Photo courtesy of DTC DETECTION 10
Treated and Synthetic Diamonds DETECTION Diamond View Photo courtesy of DTC 11
Treated and Synthetic Diamonds DETECTION D-Screen Photo courtesy of Antwerp Facets Magazine, HRD 12
Treated and Synthetic Diamonds Disclosure Resolution from 2004 World Diamond Congress, New York: “ The WFDB resolves to cooperate fully with any other internationally recognized trade associations and companies to formulate a common standard of disclosures and nomenclature for synthetic diamonds. Furthermore, the WFDB calls upon all the laboratories to refrain from issuing grading reports for synthetic diamonds. This should be clear and unequivocal so that the consumers are fully aware of, and confident in, the nature of the product they are purchasing.” 13
Your consent to our cookies if you continue to use this website.