One of the important events within the framework of the 11th Jovella Jewelry Fair, taking place on 1 and 2 July in Israel, will be a presentation of a fantastically bright pink diamond weighing 6.52 carats, which is estimated at $ 15,386,000, Israelidiamond.co.il reports.
This impeccably clean diamond of excellent cut will be the most expensive diamond ever exhibited in Israel. The diamond demonstration is organized by the Israeli division of the IGL laboratory, which received a stone from London. A diamond belonging to an Israeli merchant is not put up for sale.
"This year, a lot of new exhibitors and visitors are expected to attend the Jovella exhibition," says Israel Or, managing director of IGL Israel, which produces 80% of jewelery certificates in Israel. "Despite the negative forecasts for the diamond industry, positive feelings are felt at the fair."
Edi Faltz Diamonds & Jewelry CEO Edi Faltz, who regularly participates in the fair, notes that the geography of the participants is expanding every year. His company offers a wide range of products, from watches to bracelets, including sophisticated jewelry, the production of which requires appropriate technology.
It is reported that a delegation of Russian businessmen showed interest in Israeli jewelery and diamond products, and special attention was attracted to white gold jewelry with diamonds. The Jovella exhibition was also visited by delegations from the United Kingdom, USA, South Africa, France and Germany