Editor’s Note
This article explores a shift in the high-end diamond market, where traditional price lists are giving way to valuations based on rarity, story, and demand for the most exceptional stones.

A report from the Natural Diamond Council delves into the rarefied world of record-breaking stones, highlighting a significant shift in pricing dynamics for the most exclusive diamonds in the US jewelry market. The analysis suggests that traditional wholesale price lists are becoming increasingly irrelevant for top-tier, exceptional gemstones, as their value is increasingly determined by unique characteristics, provenance, and market demand rather than standardized metrics.

This trend underscores a broader movement towards individualized valuation in the high-end gemstone sector, impacting wholesale strategies and market analysis.
