Rough Diamond Guideline Price List

Frequently Asked Questions

Table of Contents

1. How do I get access to the price list?
2. What payment methods are available?
3. How much does access to the list cost?
4. How often is the list updated?
5. What if I forget my password?
6. Does ADTEC trade in rough diamonds?
7. How does one trade in diamonds in South Africa?
8. Can ADTEC put me in touch with dealers in South Africa?
9. Does ADTEC offer any employment opportunities?
10. What is the average price of a diamond?
11. What discounts and deductions are built into the prices?
    

How do I get access to the price list?

1. You need to join the closed user group by completing an order form. The form is accessed by clicking the "Subscribe" link.
2. Once you have submitted the order form and payment has been confirmed, your access code and password will be emailed to you.
3. You then need to click the "Members" link after which you will need to enter your access code and password.
4. Once you have been logged in, you will be able to select the "Prices" link which lists the prices.

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What payment methods are available?

1. We accept American Express, MasterCard and Visa credit cards via electronic form, fax and email.
2. Payments can be made via electronic transfer / wire transfer.
3. If you are able to visit our offices, you can pay by cash or cheque.

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How much does access to the list cost?

1. Costs vary from US$19 for one month's access up to US$517 for three years' access.
2. If you are in South Africa, costs vary from R99 for one month's access up to R2,617 for three years' access.

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How often is the list updated?

The list is updated once a month, usually at the end of the first week of the month.

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What if I forget my password?

All you need to do is enter either your access code or the email address we have on record in the "Forgot your Password" form. If we find it on record, your access code and password will be mailed to your to your email address.

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Does ADTEC trade in rough diamonds?

No, we don't deal in rough diamonds; we feel this would be a conflict of interests if we set the prices and then trade at those prices.

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How does one trade in diamonds in South Africa?

There are many rules and regulations pertaining to the diamond trade in South Africa. To get accurate and current information as to these rules and regulations, please contact the South African Diamond Board on +27 11 334-8980.

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Can ADTEC put me in touch with dealers in South Africa?

No, unfortunately not. Most of the rough diamond dealers are already in relationships with overseas partners and we find that these dealers are not happy with us providing their contact details.

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Does ADTEC offer any employment opportunities?

No, we have a very small staff and are not looking to expand at this time.

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What is the average price of a diamond?

Its amazing how many times this question is asked of us! Because of the vastly differing values, its impossible to set an average. Some industrial diamonds (boart) are as little as US$1 per carat while some special diamonds are worth many millions per carat. This would give an average of "some" millions of US Dollars which is totally meaningless.

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What discounts and deductions are built into the prices?

Trade discounts of between 60% (for a 0.30ct M I3) and 22% (for a 10.00ct D IF) are applied to the value of the polish you should recover from the rough diamond. Polishing costs of US$30-70/ct (depending on size and quality) are also deducted. A profit margin of 10% is finally applied to give the final pricing.

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