The Rapaport Report is the jewelry industry standard for the pricing of diamonds. The report is published weekly and given to jewelers and diamond merchants to set prices for consumers. The report is issued in the form of a table and prices diamonds based on the 4C's of diamonds--carat, color, clarity and cut. The Rapaport List is copyrighted and available only to subscribers to its magazine.
Video Rapaport Diamond Report
History
The Rapaport Group was founded in 1976 by Martin Rapaport. He the "Rap List" in 1978, used as a baseline for pricing diamonds. The price list only looked at white diamonds because there are more standards for grading, the four C's color, cut, clarity and carat weight.
While the Rapaport became widely used both within the US and abroad, it was not always considered accurate. IDEX Online came out with their own price list in the early 2000s.
The Rapaport Group also publishes a printed magazine about jewelry "Rapaport Magazine" and maintains its online edition at the URL www.diamonds.net.
Maps Rapaport Diamond Report
See also
- Diamonds as an investment
References
External links
- Official website
- Antwerp Diamond Prices - wholesale monthly
Source of the article : Wikipedia
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