Who is a sightholder?

Who is a sightholder?

• A. A Miner
• B. A Jewelry Designer
• C. A Diamond Manufacturer Or Dealer Invited By De Beers To Buy Rough Diamonds
• D. A Retail Salesperson

Answer: (C)

A sightholder is a diamond industry term for a company invited by De Beers to buy rough diamonds directly at sight. These invitations are extended to experienced diamond manufacturers or dealers who have the capacity to sort, value, and cut rough stones. The sight system provides a controlled channel for De Beers’ rough supply and helps ensure a steady, professional market for their inventory. Miners supply rough diamonds but aren’t typically part of the De Beers sight program. Jewelry designers may work with rough stones, but they don’t usually participate in the sight purchases. Retail salespeople sell finished jewelry to customers, not rough diamonds at sight.

A sightholder is a diamond industry term for a company invited by De Beers to buy rough diamonds directly at sight. These invitations are extended to experienced diamond manufacturers or dealers who have the capacity to sort, value, and cut rough stones. The sight system provides a controlled channel for De Beers’ rough supply and helps ensure a steady, professional market for their inventory.

Miners supply rough diamonds but aren’t typically part of the De Beers sight program. Jewelry designers may work with rough stones, but they don’t usually participate in the sight purchases. Retail salespeople sell finished jewelry to customers, not rough diamonds at sight.