How do sightholders purchase diamond rough?

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Study for the Diamond and Diamond Grading Exam. Enhance your skills with flashcards and multiple-choice questions, complete with explanations and insights. Get ready to excel in your diamond grading journey!

Multiple Choice

How do sightholders purchase diamond rough?

Explanation:
Access is restricted to a select group through invitation-only events known as sights. In the diamond trade, producers schedule regular sight sessions where approved buyers (sightholders) are invited to view and select from rough diamond lots tailored for them. This private, invitation-based process contrasts with public auctions or open-market purchases and reflects the long-term relationships and allocations arranged between the producer and the sightholders.

Access is restricted to a select group through invitation-only events known as sights. In the diamond trade, producers schedule regular sight sessions where approved buyers (sightholders) are invited to view and select from rough diamond lots tailored for them. This private, invitation-based process contrasts with public auctions or open-market purchases and reflects the long-term relationships and allocations arranged between the producer and the sightholders.

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