The Israeli Diamond Industry (IDI) which organises the Israel pavilion at the JCK Las Vegas show, will hold an auction of special diamonds at the show.
The stones will be put up by Israeli exhibitors at the show and will be on view at the Israel pavilion at the show. Bids will be accepted from June 1 to 3 and progress on the bidding will be displayed on screens at the pavilion.
The United States accounts for about 40 percent of Israel's polished diamond exports. In 2017, Israel’s net polished diamond exports to the US stood at $1.7 billion out of a total of $4.5 billion.
IDI Chairman Boaz Moldawsky said, “We are looking forward to a very good show this year at JCK Las Vegas. There is a growing demand from our US clients and that is very encouraging. The United States is our largest market for polished diamonds and we are optimistic that we will continue to lead in this market,” he said.