You hear a lot of talk from jewelers on TV and radio about who has access to what style and quality of loose diamonds. The fact is, the world diamond industry is highly regulated. Every reputable jeweler in the country has access to the largest importers and wholesalers of loose diamonds, with almost all finished diamonds originating from Antwerp, Belgium and similarly well-regarded midpoints in the distribution chain.
The real challenge is finding a jeweler that understands your search for the perfect loose diamond, and is willing to put in the research time to find the best match within this vast market. CJ regularly consults with clients on such special needs, taking the time to understand a client’s exacting requirements, then scouring the market to find the perfect match. Call or visit us today to learn more about this special service.
More About the Kimberley Process & the U.S. Patriot Act
The Kimberley Process is an initiative that was launched in 2003 in conjunction with the United Nations and the international gemstone industry in an effort to rid the market of conflict diamonds, also known as blood diamonds, which have historically been used for the illicit funding of brutal wars. The ultimate objective of the Kimberley Process, adopted in Kimberley, South Africa, is for all diamond trading to follow a stabilized, legitimate procedure while complying with all environmental and social regulations.
Today, approximately 99.8% of the world’s diamond distributors adhere to all guidelines of the Kimberley Process as a means of boycotting conflict diamonds. Since its inception, the initiative has resulted in a significant decrease in the flow of conflict diamonds. In addition to working to eliminate conflict diamonds, the Kimberley Process has also worked to boost the economic development of impoverished countries by increasing the flow of legitimately acquired diamonds into the jewelry market.
Passed by Congress in response to the 9/11 terrorist attacks, the USA Patriot Act grants federal officials more power to monitor communications and trade between countries. Among the Act’s objectives is to impose regulations to prevent the laundering of money and high-value gems, including polished diamonds. The Patriot Act mandates that all U.S. jewelry distributors and sellers comply with the Kimberley Process to help ensure that the industry’s diamonds are purchased from reputable suppliers. Creative Jewelers is proud to be in full compliance with the Kimberley Process and Patriot Act, pledging to sell only conflict-free diamonds to our customers.