Israel headquartered, Eurostone has launched a device called the Fancy Shapes Price Calculator, which calculates price points of custom-cut, straight-edged fancy shapes. The Calculator is meant only for fancy shapes and is the first of its kind in the diamond industry.

"Online-based calculators for round diamonds pricing have been around for a while," said Eurostone CEO Pini Netzer, "but with the Fancy Shapes Calculator, we're really bringing a completely new tool into the diamond market!"

Free of charge, the calculator is easy to use. When entering data, it requires users to provide specifications of the size, shape and clarity, and calculates the accurate price estimate within seconds.

"Of course, the client's final price quote is based on the integration of the latest industry pricing standards, cost calculation and current pricing data acquired via Eurostone's wide network of diamond professionals," Netzer added. He also noted that the calculator helps in eliminating most of the guesswork.

Netzer spearheaded the calculator's planning and implementation as part of what he hopes will be a modernization of the fancy cut diamond industry. Netzer noted that the calculator will help do away with fax and telephone calls for estimates. The Calculator gives ‘watchmakers, jewelers and designers the ability to calculate their own costs and thus provide a highly accurate pricing to their customers - an option unheard of, until now.’

Eurostone is a leading expert manufacturer of custom-cut and calibrated polished diamonds for the luxury watch and high-end jewellery markets.