18 Jun 2019
DiamondWorld Directory
Home |
News
Home
ALROSA raised $11.8 million at this year's first diamond auction in New York
The company sold 107 stones with a total weight of 1900 carats.
By: Diamond World News Service
|
Apr 2 2019 10:28AM
|
Reference: 17120  

DecreaseIncrease

ALROSA, the world’s leading diamond miner, held its first New York diamond auction this year. The company traditionally offered a range of special size diamonds (over 10.8 carats). The total revenue from the auction amounted to $11.8 million.
The company sold 107 stones with a total weight of 1900 carats. Over 30 firms from the largest international trade centers, such as the USA, Israel, Belgium, India and the UAE participated in the auction.

"We held the first auction this year in the United States, selling almost 90% of the auctioned stones. In general, the market today is experiencing an increase in activity and interest in our products maintains stable. We invited about 20 American companies to this auction and some of them participated. The overall sales exceeded the total opening bid by 50%, amounting to $11.8 million. Today this is the highest revenue from single auction since we resumed the operations of our USA office, which is now headed by Rebecca Foerster," said Evgeny Agureev, Member of the Management Board, Director of the United Selling Organization at ALROSA.

Last year, ALROSA resumed its operations in New York and held two diamond auctions there, with overall revenue amounting to $18.3 million. The company's auction schedule for 2019 includes four auctions in the United States.

Have Your Say
* Your view
* Name:
* Email:
* Town/city:
* Country/State:
Advertisement
HouseAd_Trade Fair
Search News by City
Advertisement
Kosher 23460
Advertisement
Kosher 23460
Recent Issue
2019
AVAILABLE NOW...!
Advertisement
Kosher 23460
News in Pictures
Videos
Stunning Jewellery from Cannes 2019
Pictures: 24
Sparkly Jewels at Oscars 2019
Pictures: 19
Golden Globes 2018
Pictures: 15
Spotted: Who Wore What (December 2018)
Pictures: 4
India Diamond Week
Pictures: 8
Spotted: Who Wore What (October 2018)
Pictures: 7
Spotted: Who Wore What (September 2018)
Pictures: 6
70th Emmy Awards
Pictures: 11
35th India International Jewellery Show 2018
Pictures: 46
Spotted: Who Wore What (August 2018)
Pictures: 4
JJS - IJ Jewellers Choice Design Awards 2015 powered by GIA
Views: 13965
GJEPC Chairman Interview
Views: 12850
IJ Jewellers Choice Design Awards 2012 - Part 1
Views: 19727
Promo for IJ Awards 2012 at NDTV Profit
Views: 32321
IJ Jewellers Choice Design Awards 2012- Part 2
Views: 35459
Couture India 2016 - A Business Boutique Show by IJ Magazine
Views: 10400
Savjibhai Dholakiya, Surat Businessman (Diamond Merchant) speaks in Vibrant 2015
Views: 33769
IJ Jewellers Choice Design Awards 2013 - NDTV Video
Views: 31848
Member of:
Supporter of: