Buy Diamonds

Rapaport Auctions provide industry members with unprecedented buying opportunities and feature a wide variety of diamonds in all shapes, sizes and qualities.

Our Melee and Single Stone auctions feature mixed breakout, close-out, and finely assorted melee parcels as well as larger certified and uncertified stones.

Auctions are held in our trading headquarters in New York, Israel, Dubai, Hong Kong, Belgium and other global locations. Our monthly auctions are the prime venue for buyers, creating an efficient and effective marketplace.

Why Rapaport Auctions?

  • Diamonds are consolidated from many suppliers motivated to sell for fair cash market prices
  • Rapaport Auctions are a reliable source for wholesalers and manufacturers interested in sourcing merchandise
  • Rapaport provides a comfortable, hassle free environment for buyers to view diamonds
  • Expert trading team provides superior customer service and is always happy to assist and ensure a positive buying experience
  • Peace of mind knowing that Rapaport is a trusted source in the diamond industry

Auction Format

Rapaport conducts Melee and Single Stone Auctions in a similar format to silent auctions and tenders, with viewing held over a five to eight day period at Rapaport diamond trading centers. Sealed bids are submitted by the close of auction and once closed, sellers have one business day to approve or reject top bids. Winning bidders are invoiced and have three business days to make payment. There are no buyer fees or premiums for participation.

To Participate as a Bidder

Single Stone and Melee auctions are open to all qualified members of the diamond trade and all auction participants must be registered Rapaport Trading Partners.

Become a Rapaport Trading Partner

  • Register.
  • Submit copy of your company's Business License or Certificate of Incorporation by e-mail to auctions@rapaport.com.
  • Submit bid deposit of 10% of your bid limit via wire or check.
Create Account

Schedule a Viewing Appointment

Schedule Appointment View Auction Calendar

Submit Bids

During an auction, buyers may inspect the merchandise in our offices and submit their silent bids.

Bids may be submitted until close of auction.

Payment

  • All winning bidders will be notified and invoiced one day after auction close.
  • Full payment is expected three business days after invoices are issued
  • Payment is due in the form of wire transfer or certified check and made to the Rapaport office where the auction was held.
  • All funds must clear Rapaport’s bank account before merchandise is released.
  • There are no buyer fees or premiums for participating in an auction.

Delivery of Diamonds

Upon receipt of funds, lots will be released to winning bidders at the Rapaport office where the auction was held. Shipping can be arranged with buyer’s carrier account.

Sales Terms

  • All sales are final, AS-IS for cash with no returns, refunds, or exchanges.
  • Rapaport does not guarantee the quality of any diamond or grading report, but does guarantee the diamond matches the grading report.
  • All details are outlined in the Bidder Terms and Conditions.

All Rapaport Auctions participants must comply with U.S. Patriot Act and OFAC regulations. The Rapaport Group does not deal in diamonds from Marange or Zimbabwe, or diamonds directly involved in human rights violations.