De Beers to Hold Polished Auction in August

Gaborone: De Beers Group yesterday announced that its Auction Sales business will run further polished diamond auction events in August, following the success of the initial events in late June.

Customer response to the initial auction events in June was positive, with the auction featuring diamonds polished directly from De Beers-mined rough diamonds seeing the majority of lots successfully sold. The third party exceptional polished diamond auction also saw pleasing results with several of the flagship diamond lots on offer selling through, including the lead lot of a 7.21 carat D Colour flawless pear-shape diamond.

Neil Ventura, Executive Vice-President, De Beers Auction Sales, said: “We’ve been really encouraged by the early reaction to auctions of our own polished diamonds and to our third party exceptional auction sales. The uptake of goods in the auction of De Beers’ dual-certified polished diamonds indicates that there is healthy demand for products with this additional layer of assurance, and the demand at the exceptionals auction highlights that our leading platform and rapidly growing global customer network offers an attractive alternative route to market when looking to source or sell some of the finest polished diamonds.”

The next auction event for polished diamonds manufactured directly from De Beers-mined rough diamonds, with all goods having dual certification from the International Institute of Diamond Grading & Research and the GIA, will take place on 10 August 2017. This event will see a greater volume of De Beers polished diamonds offered for sale than at the first event held in June.

Meanwhile, the next third party exceptional diamond auction, featuring higher value polished diamonds that have been responsibly sourced from sellers evidencing the highest standards of integrity, will be held on 24 August 2017. Headlining the event is a 15 carat internally flawless Fancy Vivid Yellow rectangle brilliant, as well as a two carat Fancy Pinkish Purple cushion.

More information on how to become a registered buyer or seller at De Beers Auction Sales can be found at