Hosts the First Ever 10+ Carat Lab Grown Diamond Multi-Supplier Auction
Virtual Diamond Boutique (VDB), the jewellery industry’s leading technology partner and largest virtual marketplace, announces the “Size Matters” auction. The VBD Online Auction House app, featuring 10+ carat laboratory-grown diamonds. Opening bids for the B2B blind auction will begin at 8:00 am ET on Tuesday, May 16 th with final bids due by 8:00 am ET on the morning of Friday, May 19 th . The event marks the first-ever auction dedicated to laboratory-grown diamonds of such rare and large sizes, and the first time the VDB Online Auction House app will host an
auction from multiple highly respected partner suppliers.
auction from multiple highly respected partner suppliers.
According to Tanya Nisguretsky, President & CEO of Virtual Diamond Boutique, “Laboratory-grown diamonds constitute a swiftly growing segment of the fine jewellery industry, especially as growth technologies improve, allowing higher qualities of larger stones to be produced and incorporated into fine jewellery. At VDB, we are always looking for ways to use our tech expertise to add value and bring the industry together. Hosting this auction, the first-ever of its kind, is a natural progression for us, connecting buyers and sellers in a seamless, safe, and trusted environment. We are making it possible for retail buyers, designers, and manufacturers to find, buy, and/or sell some of the best and largest laboratory-grown diamonds available, at the very best prices to date.”
Participating laboratory-grown diamond vendors include All Star Diamond, DIAMAX, Diamond Lab LLC, D V JEWELLERY CORPORATION, Eternity Diamonds International LLC, Go Green Diamonds Inc, Labon LLC, NISHAL GEMS, and Meraya, among others. Every laboratory-grown diamond in the auction weighs at least 10.00 carats or more and comes with lab certification. Each stone will have a starting minimum price listed by the supplier.