IDI to host auction of special stones at September Fair

IDI to host auction of special stones at September Fair

The Israel Diamond Pavilion, organised by the Israel Diamond Institute (IDI), will feature an auction of special stones offered by exhibitors at the September Hong Kong Jewellery & Gem Fair.

IDI said it is also awarding several free trips to Israel to buyers at the auction. The trips will be timed to coincide with the International Diamond Week in Israel at the end of January 2019.

The auctioned goods will be available for viewing and bids may be placed during the first few days of the exhibition. Progress on the bidding will be shown on screens located within the Israel Diamond Pavilion.

The Israeli pavilion, located in Hall 9 of the AsiaWorld-Expo, will host 66 Israeli diamond companies. There will also be 13 additional Israeli companies exhibiting at different locations throughout the show.

The IDI Lounge will feature a 360-degree bar outfitted with three Get Diamonds Show search terminals and a charging station for smartphones and other devices. Get Diamonds Show is a search platform innovated by IDI that enables buyers to search a database of all goods offered by Israeli exhibitors at the show.

IDI is likewise launching a special website for the September Fair with full details of all Israeli companies participating in the show, including background and contact information, as well as a map of the Israel Diamond Pavilion.

IDI Chairman Boaz Moldawsky said, “We are quite optimistic about the show and about Asian markets in general, which are seeing a rising demand for diamonds. The September show is a major one for the Israeli industry and I am pleased that we will have a strong presence there. I am hopeful about the outcome of the show despite the challenges the diamond industry has been facing.”

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