The Rapaport Price List
Created in 1978, the diamond price list is published weekly, on Thursdays at 11:59pm EST and contains the diamond industry’s benchmark for asking prices for polished diamond prices according to the size, color, and clarity of each diamond.
The diamond price list (also known as the Rapaport Diamond Report and the Rapaport Diamond Price List) can be purchased via the Rapaport Price List page. Rapaport Auctions participants (both suppliers and buyers) can benefit from using the price list to determine the best prices with which to trade diamonds at.
For Auctions Participants
For single stone auctions, there are two primary price lists. One applies to round cut diamonds. The other applies to pear shapes, which are used as a pricing reference for fancy cut stones more broadly, including shapes such as oval, marquise, cushion cut, and similar non-round diamonds.
It does not account for everything that affects value. Cut quality, fluorescence, condition, make, and current demand all influence the final price. Like any market, diamond pricing is also shaped by supply and demand, including the growing presence of lab grown diamonds, which has changed how buyers view and price natural stones. The price list also does not take into account fancy-colored diamonds such as yellow, blue, or pink stones, which trade in a separate market altogether.
While the price list is structured around the 4 Cs, it is also influenced by overall market supply and demand. Because of this, the list should be viewed as a reference, not a final answer.
Get the Best Deals with the
Rapaport Price List
For Suppliers
Loose stone and melee suppliers are encouraged to use the price list to evaluate the value of their merchandise both before the auction and after final bids are collected.
Talk to your Rapaport Diamond Auction Advisor for more information on how you can use the Rapaport Price List to determine the highest price you might get for your merchandise and which bids to accept.
For Buyers
Auction buyers are encouraged to use the price list to evaluate an appropriate bid for the merchandise they want to purchase. Bidding to low could result in a lost opportunity and bidding too high would lower profits, so getting the bid amount just right is of utmost important.
Talk to your Rapaport Diamond Auction Advisor for more information on how you can use the Rapaport Price List to make the most informed bidding decisions.
Frequently Asked Questions
Can sellers get better prices for loose stones or melee with Rapaport Auctions?
Yes. With Rapaport Auctions, sellers get global exposure by presenting their diamond inventory to vetted buyers across the world’s largest diamond centers: New York, Dubai and Ramat Gan. Instead of accepting the first offer that comes in, you create real bidding competition, maximizing demand for your stones and helping you achieve stronger prices for your merchandise.
Do Rapaport Auctions buyers get better prices for loose stones and melee than what they would get with other wholesale diamond dealers?
Often, you will be able to find cheaper diamonds with Rapaport Auctions than you would by going directly to a wholesale diamond dealer. The Rapaport Auctions platform is unique in that it provides the combination of one of the largest international networks of sellers and buyers of recycled diamonds. The scale of Rapaport Auctions and the nature of the recycled diamonds create the conditions for the most competitive markets that an individual retailer cannot match.
How can Rapaport Auctions buyers get the best deals on a diamond?
To get the best deal on a loose stone or a parcel of melee, start by understanding the diamond’s current market value. Rapaport Auctions recommends checking the Rapaport Price List for the most up-to-date benchmark pricing.
Once you know the value, work backward from your business goal. Consider what you expect to resell the diamond for (or what the finished jewelry piece could sell for), then subtract your desired markup from that number. This gives you a smart starting point for your bidding strategy and helps ensure you’re buying at the right price.