Rapaport Auctions
Rapaport Auctions is a unique platform consolidating diamonds from suppliers worldwide motivated to sell at fair cash prices taking place in our Rapaport offices based in New York, Israel, Hong Kong and Dubai.
Melee Auctions consist of uncertified goods sold in parcels from -2.5 sieve plate to 2ct sizes, including finely assorted melee, mixed breakout, broken goods, and closeout merchandise.
Single Stone Auctions consist of a wide variety of certified and uncertified polished diamonds in round and fancy cuts, from 0.30ct to 5ct+ sizes
Benefits for Sellers
We help retailers, gold buyers, wholesalers, and pawnbrokers sell their diamonds quickly and efficiently and provide consistent cash flow through our monthly auctions. With more than 18,000 clients in over 70 countries, our auctions foster competitive bids from the most serious buyers worldwide. Whether you are buying from the public or looking to move excess inventory for immediate cash, Rapaport Auctions provides a secure, robust platform to achieve the most competitive prices.
Rapaport Melee auctions consist of uncertified diamonds sold in parcels.
Single Stone auctions are comprised of certified and uncertified diamonds, sold individually. The auction format is similar to silent auctions and tenders with viewing over a specified time period. Sealed bids are submitted prior to close of auction, and sellers have one business day after closing to approve or reject top bids. Buyers are then invoiced for lots accepted and payment is executed for all lots sold.
Benefits for Sellers
Rapaport auctions is one of the largest recyclers of diamonds in the world.
Buyers have unprecedented opportunities to purchase large quantities and varieties of diamonds at competitive prices in monthly auctions at Rapaport diamond trading centers worldwide.
Melee auctions consist of uncertified diamonds sold in parcels without reserve prices.
Single Stone auctions are comprised of certified and uncertified diamonds.
Each stone is sold individually, without reserve prices.
Buyers must inspect all lots before submitting bids as Rapaport does not guarantee the quality of the diamonds.
The auction format is similar to silent auctions and tenders with viewing over a specified time period. Sealed bids are submitted by the close of auction and are not disclosed publicly. Sellers have one business day after closing to approve or reject top bids and buyers are then invoiced for lots accepted.