In the context of diamond trading, what occurs during a sight?

In the context of diamond trading, what occurs during a sight?

• A. A sight involves publicly auctioning rough diamonds
• B. At a sight, a CSO short lists diamonds for general sale
• C. At a sight, a CSO presents a customized selection of diamonds to each sightholder for acceptance
• D. A sight is a term for a mining site

Answer: (C)

During a sight, the CSO presents a customized selection of rough diamonds to each sightholder for acceptance. This is a private, regular distribution event, not a public auction or general sale. Each buyer receives a tailored mix of stones, chosen to fit their inventory needs and market demand, and can decide to accept or reject what’s offered. If accepted, those stones are purchased and moved to the buyer’s inventory; if not, they may be offered again at future sights or redirected. The other options don’t fit because a sight is not about public auctions, broad general sale listings, or mining activities.

During a sight, the CSO presents a customized selection of rough diamonds to each sightholder for acceptance. This is a private, regular distribution event, not a public auction or general sale. Each buyer receives a tailored mix of stones, chosen to fit their inventory needs and market demand, and can decide to accept or reject what’s offered. If accepted, those stones are purchased and moved to the buyer’s inventory; if not, they may be offered again at future sights or redirected. The other options don’t fit because a sight is not about public auctions, broad general sale listings, or mining activities.