Michael Arnstein President

The diamond market is a relatively new industry created through a marketing phenomenon.  Not too long ago the diamond market was created and controlled by a massive mining cartel called DeBeers.  The company controlled dozens of mines worldwide for generations.  Demand was created through DeBeers ingenious marketing, which created the tradition of the diamond engagement...

What caused this problem? Who is to blame?  What is the resolution?  Who is going to fix it? These are all very big questions. It seems that many short cuts were made by many people in order to make big profits fast. Look at this published report from Bloomberg LP on past and current bank...

Diamonds are at an all time high in terms of pricing right now. Emerging markets have driven prices up tremendously. Even with the downturn in the world economies the prices on rough diamonds have continued to increase at sight holder auctions. The Western culture of diamonds for engagement rings has penetrated every culture/market at this...

I have resisted blogging about the state of our economy, after all luxury is not ‘in’ right now. But that doesn’t mean that Rarity is ‘out’ during these hard financial times. In fact my accountant thinks that our business is very secure compared to other clients he works with. Our assets are in fact very...

Often I am asked what is the ‘largest’ and ‘most expensive’ sapphire? The largest sapphire in the world is probably still well protected underground, and maybe it is a billion karats or more, but will it be a ‘fine’ sapphire?  That is very doubtful.  What is rare and costly in a sapphire is a combination of its color, clarity, size, cut and of course...

This is my first entry of our newly created Company Blog.  I’m quite excited about the ongoing development of this addition to our company and company website. At first I didn’t think the effort to create a Company Blog would be a good investment in time and resources here.  But I have since done an...