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The standards of GIC-Centre have been introduced by gemologists working there and prix cialis pharmacie francaise having GIA diplomas of GG (Graduate Gemologist) and / or Diamonds Graduate using all the knowledge, skills, information and expert examination standards obtained during their training at GIA.". From the point of view of Russian legislation, a certificate is a document issued on the basis of the Voluntary Certification System registered in Russia under the Russian law. To join the discussion, the parties invited Art Consulting, an authoritative expert and appraiser of valuables in the Russian art market, recognized by the international insurance market, and the current partner of the International Jewelry Economic Forum. If these stones for instance exceed one carat in size, they tend to have relatively low color and clarity characteristics and hence the price: a two carat stone may cost 7,000-10,000 and one-carater may be worth 2,000-3,000,.e. There are cialis vs staxyn reviews only 10 such centers in the world and 2 of them are in Europe, while the information about our project is contained in promotional materials of Windows Azure as an example of a complex project stationed on their platform.

An important aspect of the marketplace is to ensure secure supply of purchased goods. The turnover of polished diamonds in the world is many times higher than the volume of initial sales of polished diamonds. To this end, only those stones are put up for auction, which are physically available in the dgts vaults. The certificate has been issued by Thawte, the most authoritative international center of digital certificates.

Everything that we do in such cases is to "cross out" such buyers preventing them from any further participation in the auction. The second component of the technological basis is the work of gemologists. In fact, it is operating in a test mode, which is scheduled for the entire 2013. Although, once again, larger stones are also offered at such auctions, including gems weighing 5 and 10 carats. During the tryout period of our project we focus our efforts not so much on the turnover, though, of course, we set such tasks, as on making the use of the tools and services offered by the trading. Note that GIC-Centre is the only center that has a GIA certification system registered in Russia.

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In particular, the certificate reads: "The standards of this agency are established and used in strict accordance with the international system of research and classification for natural polished diamonds developed, introduced and promoted by the GIA and used around. What made the auction come into being? If prior to the auction buyers want to view the items, they must register as participants and provide documents personally. We believe that this idea is alive, but not necessarily in the form in which it is being discussed.

This resulted in establishing the Centre of Gemological Identification and Certification, or the GIC-Centre, which is certifying diamonds and colored gemstones by the Russian standards and GIA classification, and a little later we started to develop the trading platform. At this point it should be stressed that all transactions are documented and collateralized on the ground in accordance with the legislation of the Russian Federation. Hence, there is practically no secondary market in spite of the fact that there are legal grounds for its existence, while consumption is very high. Any potential buyer can see a stone or stones with the assistance of those experts whom he or she trusts. In what way customers become familiar with the lots to be put on auction?

Of course, we warn sellers in advance of such a possibility and since this is a start-up, they treat it understandingly. A key difficulty is the absence of consumer patterns, consumer preferences in the Russian market for the auction trade in the Internet, as well as for buying loose diamonds by the population. The project has a strong team of programmers. However, this is an evolutionary process that will take shape with the development of a transparent fast-moving market for gems, including emerging indices that may become accurate benchmarks for investors.

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The bulk of stones put on the block are in the range from.15-0.20 to 1-1.5 carats or maximum.5 carats. Buyers are primarily individuals. Online diamond auctions have never existed in Russia, and the first and foremost feature of is that it is the first and only one. Can you say a few words about your team and technology? The reasons are clear: the diamond market in Russia is relatively young and it has not yet developed the traditions of consumption. This is very important.

Yes, this is how we see our prospects. The third feature is that the auction allows both professional market operators and individuals to take part in trading as sellers and buyers. In an interview to Rough Polished Evgeni Zyablov, the chief ideologist of the project and Member of the and Art Consulting Boards of Directors told about the work of this company. These auctions are held for professional participants of the market and jewelry manufacturers. The auction is one of the services rendered by our company to market players. The Company is actually an ongoing auction engaged in purchasing and selling certified polished diamonds and other precious stones, using a specialized online trading platform based in Russia where legal entities and individuals registered and accredited at the auction may act as buyers and sellers.

If stones submitted to the auction have foreign documents, we also carry out verification. If, for example, some stones were cut in Russia and offered for sale by the cutting and polishing company, we declare that these stones were manufactured in Russia. One certificate is given under the Russian standard, the other under the GIA standard. What categories of diamonds are sold at your auctions and where have they been manufactured? This is a basic condition, though in fact the auction is also offering services to participants of the primary diamond market, in other words to the participants of the diamond pipeline, who want to get into open markets outside of their direct business ties.

 

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Accordingly, the auctions for non-certified stones are visited by sellers, which appear to be cutting and polishing companies, whereas buyers are jewelry manufacturers. As for individuals, we check them by their passports and record all the data. It took about one and a half year to develop the trading platform under the working title of dgts (dgts - Diamonds and Gemstones Trading Systems). Ensures confidentiality of transactions for auction participants in accordance with international standards and the laws of the Russian Federation. Without the secondary market we see weak activities in the primary market.

It is also important that GIC-Centre is the only certification authority, which is also a member of the Russian Jewelers Guild. Could you loosely describe the lineup of buyers and sellers participating in auctions held by? Our segment that we are building is no more (and no less) than a technology platform that could well serve as the infrastructural toolkit for self-organization of a professional community in the future. What do you think about exchange-traded funds, ITFs involving diamonds? Treatment for...

Yes, there are all the possibilities and conditions to do that. The auctions for certified stones are mainly attended by two categories of sellers - manufacturers and individual owners. At the start of the auction, we required a deposit from the buyer. Our group of analysts decided that the trading platform to be created would operate as an auction in the first phase of its development, a form prescribed by the Civil Code of the Russian Federation, and this.