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De Beers gem lab to provide technology for new diamond investment product in Singapore - 11.10.17

The International Institute of Diamond Grading & Research (IIDGR), a company within the De Beers Group, has announced that it will be providing diamond verification services to the Singapore Diamond Mint company’s new investment-grade diamond product, which is called Diamond Bullion and is listed on the Singapore Diamond Investment Exchange.

 

IIDGR will use its proprietary diamond inscription technology to inscribe a unique identification number on the tables of each diamond used in the Diamond Bullion, which will confirm the natural origin of each diamond sealed in the bullion.

 

Once inscribed, the diamonds will be transferred into the bullion by Singapore Diamond Mint and verified by IIDGR via a Master Report that confirms the bullion meets with Singapore Diamond Investment Exchange’s product specifications, prior to it being traded.

 

The Diamond Bullion is a credit card-sized package of investment-grade polished diamonds contained in a tamper-resistant case made of zirconia. It comes in two varieties, Silver and Gold, with standard denominations of approximate values of $100,000 and $200,000 respectively.

 

IIDGR was established by the De Beers Group to provide a premium service and proprietary equipment to the diamond industry.