Diamond dealers buy and sell diamonds for private clients or for a company. They are experts in evaluating diamonds and in locating the best diamonds at the lowest prices.
Below is How to Become A Diamond Dealer South Africa
Take courses at the South Africa Gem Society.
The AGS is a not-for-profit trade association for those in the fine jewelry business. One course to take is Graduate Sales Associate, a home study course that teaches the student about diamonds, the industry and how to sell.
Study to become a Graduate Gemologist, or GG.
This title is offered by the Gemological Institute of America, a trade association. This GG designation is just one of several training programs the institute offers.
While there are no requirements to become a diamond dealer, getting this credential will greatly improve your chances of getting a job as a diamond dealer.
Continue your education.
By increasing your knowledge and acquiring more recognized credentials you can secure a good position as a diamond dealer. You can become a Certified Gemologist Appraiser or CGA. This course of study is offered by the American Gem Society.
Apply for sales jobs in the diamond industry.
Once you have trained and gotten your credentials, you can start looking for a job. With a resume that details your training and experience you can start to look for jobs by contacting the member firms of the American Gem Society.
Use the career services at the Gemological Institute of South Africa.
The GIA provides graduates of its training programs career services to help them get jobs in the diamond industry. This is a good option if you have taken the Graduate Gemologist course.
Work in jewelry departments.
If you don’t have the credentials listed above, the best option is to get a sales job in the jewelry department of a department store. While working at this job you can take online or home study courses at the South Africa Gem Society or the Gemological Institute.
How do I become a diamond dealer in South Africa?
How to apply for a Diamond Licence?
Download the application form (DD) below from the SOUTH AFRICAN DIAMOND AND PRECIOUS METALS REGULATOR. …
Completing the application for the Diamond Dealers Licence.
Documents to submit with the application.
Submitting the application.
Process.
Licence Application help.
Is it legal to sell diamonds in South Africa?
It is an offence to use any premises to facilitate local buying and selling of unpolished diamonds (that is, a ‘diamond trading house’) unless you hold a licence for, and the premises are registered as, a diamond trading house.
Do you need a license to buy and sell gold in South Africa?
If you want to conduct precious metal operations you need to obtain a mining permit from The South African Diamond & Precious Metals Regulator (SADPMR).
Do you need a certificate to sell diamonds in South Africa ?
You can sell a diamond ring without a certificate or grading report. However, the downside is you could potentially receive less money when you sell since it’s authenticity can not be verified. So without having a certificate, your diamond ring will likely be worth significantly less.
How much does a 1 carat diamond cost in South Africa?
A round brilliant cut, 1.00ct G colour, SI1 clarity, excellent cut GIA-certified diamond will cost approximately $6850 including VAT (~ R106,183). A princess cut, 1.01ct H colour, SI1 clarity, GIA-certified diamond will cost approximately $4584 including VAT (~ R71,049).
Where can I dig for diamonds in South Africa?
The Finsch mine in the Northern Cape opened in 1967. Alluvial diamonds and small diamondiferous fissures have been known and worked for many years along the southern banks of the Orange River as well as along and off South Africa’s west coast.
Is it cheaper to buy diamonds in South Africa?
As most diamonds are mined in South Africa, many people believe that purchasing diamonds in South Africa is much cheaper relative to the rest of the world. This is not always the case. South African diamond mining is done by large corporations on huge open-casts who sell in bulk.
Why is diamond valuable to South Africa?
The country is an important source of fancy color diamonds and especially of rare pink and blue colors, including a 122.45-carat blue diamond discovered at the Cullinan mine in 2014. While South Africa is still a major diamond producer, it is believed that the majority of its diamonds have been mined.
Who controls the diamond mines in South Africa?
the De Beers Consolidated Mines Company
Ever since the Kimberley diamond strike of 1868, South Africa has been a world leader in diamond production. The primary South African sources of diamonds, including seven large diamond mines around the country, are controlled by the De Beers Consolidated Mines Company.