De Beers Engagement Rings Complete the History of Engagement Rings

Thursday, May 9th, 2013 - Engagement

Many names of the wedding desiners. Up until the mid-1800s, diamonds were a rarity and could be seen only on the hand of a monarch. But the diamond rush that began in South Africa in the second half of the 19th century floaded the market with diamonds, which, as any good businessman knows, kills demand. It would take some ingenious plotting and advertising to keep the diamond’s reputation as intrinsically valuable and desirable, which is where De Beers comes in and started De Beers engagement rings.

de beers engagement rings cost

de beers engagement rings cost

Diamond claim holders and distributors joined up with De Beers because their interests were the same: create a scarcity of diamonds and high prices will follow. And while other commodities have seen price fluctuations over the years, diamonds prices have climbed since Oppenheimer, a rival diamond producer with his own production company (Anglo American Corporation, which will reappear later in the story) essentially bought his way onto the board of directors over the years. Under Oppenheimer, De Beers and its Central Selling Organization established exclusive contracts with suppliers and buyers, making it impossible to deal with diamonds outside of De Beers. The structure of the business remained the same for much of the 20th century. A De Beers subsidiary would buy the diamonds. De Beers would determine the amount of diamonds they wanted to sell, and at what price, for the whole year. Each producer would then get a cut of the total output, and buyers would take their diamonds to be resold in places like Antwerp and New York. He makes a lot of De Beers engagement rings.

de beers engagement rings diamonds

de beers engagement rings diamonds

De Beers engagement rings  based on the history can be concluded that he really professional on his major. You will be safe if you ask him to be your engagement professional designer. Search online is the best way to know more about his design. About the price, maybe you can negotiate with him. Do not forget to search about the material that should be used, and the germs that you can used.

de beers engagement rings price range

de beers engagement rings price range

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