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Ch. 3: Diamond

Ch. 3: Diamond Page of 451 Ch. 3: Diamond Text size:minus plus Restore normal size   Mail page  Print this page
The Diamond                      39
the stones are carefully assorted according to size, colour, and purity, and made up in parcels ready for shipping.
The marketing of diamonds, if fully told, is a story in itself and possesses many phases of interest. Formerly local buyers, who repre­sented the leading diamond merchants of the world, competed at the South African mines for their product, but for the past several years the De Beers Company has sold in advance its annual production to a syndicate of London diamond merchants who have representatives residing in Kimberley, and this is now the medium through which both the product of the De Beers and the Premier mines exclusively reach the markets of the different nations of the world.
The daily production of diamonds is put away in parcels until there has accumulated about fifty thousand carats of De Beers and Kim­berley diamonds, the stones from the two sources being mixed, and locally termed " pool goods." The sorters separate and classify them for ac­curate valuation as follows: 1, Close goods; 2, Spotted stones; 3, Rejection cleavage; 4, Fine cleavage; 5, Light-brown cleavage; 6, Ordinary and rejection cleavage; 7, Flats; 8, Naats;
Ch. 3: Diamond Page of 451 Ch. 3: Diamond
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