The Rapaport Price List is a worldwide standard that diamond dealers use to set pricing in all of the major marketplaces.
Martin Rapaport, a New York diamond broker, published a list of wholesale round diamond prices & pear diamond price ( Pear refer to fancy shapes ) based on the GIA grading standards. It is a standard diamond price list issue on each Friday. Martin Rapaport's Price List is considered as the most reputable source in the industry since 1980. Martin Rapaport's success was his effective organizational abilities as well as his reliable sources of knowledge about the international diamond market.
Your Rapaport Diamond Price List subscription allows you access to the Rapaport Price List, which includes diamond values depending on size, colour, and clarity. The Price List is updated weekly on Thursdays at 11:59 p.m. EST and reflects global diamond market developments. It act as a reference, educating diamond buyers and sellers about current diamond pricing trends. Rap is also used by diamond retailers to adjust their prices to suit current market prices.
Dealers will have access to much more details than what is merely on the list in order to determine how much of a discount should be applied to diamonds with certain attributes.
Which Diamonds does the Rapaport refer to?
The Rapaport Price List publishes the market worth of well-cut and precisely graded diamonds that are often sold and exchanged. For all clarities except SI3, GIA grading standards are utilized to identify the gems.
What is the purpose of the Rapaport List?
Both sellers and buyers use the Rapaport Price List as a guideline for approximate diamond pricing. It's simply Rapaport's opinion on cash asking prices. These are the market trend & sentiment prices at which the majority of traders are willing to sell. Although the list prices are frequently higher than the real selling prices of dealers, Rapaport price list is a basic guideline.
The Rapaport lists diamonds created on 3 main aspects, first is diamond carat weight, second is diamond clarity, and third is diamond color. Diamonds are first separated into grid tables based on carat weight. In these grid tables.
How do I read the Rapaport?
Color grading is listed from D to M in rows, and columns list indicate each Clarity Grade. Prices are stated to the nearest $10 for sizes under 1/3 carat. A price of 6.4, for example, should be understood as $640 per carat. Carat sizes bigger than 1/3 carat are priced to the closest $100 per carat. A price of 95, for example, should be understood as $9,500 per carat. Prices that have risen since the previous pricing sheet are highlighted in bold. Prices that have decreased are in italic bold.
When buying a diamond in a store, the price you'll be given is usually based on a percentage of the Rapaport pricing. In some circumstances, you'll get a price that's 5% lower or even lower than Rapaport, but in others, you'll get the full amount or even a greater price than the list. The percentage offered varies each diamond vendor, depending on market conditions and the value of the diamond.
What Are Rapaport Prices, How Should I Use Them?
The prices are determined using actual diamonds for sale and do not include any opinions, analysis, smoothing, or data structuring.
Round Price List
Pear Price List
Parcel Price List
Our products / services
GIA Certificate & Diamond Characteristics