Monday, July 6, 2009

Fortunoff Loose Diamonds Sold At Auction

 

There has been a 73 percent recovery in its auction of small loose diamonds belonging to closed jewelry retailer Fortunoff. The auction of stones 70 points and smaller to the trade took place last month. The result was higher than other recent wholesale auctions in the jewelry industry which have recovered between 35-55 percent of the wholesale cost.

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Posted via email from Whiteflash Diamonds posterous