How has the financial crisis affected diamond auctions?

I don't know. A fancy vivid pink diamond was just sold for the highest ever dollar-value-per carat" that is, for 2.2 million dollars per carat. So I wouldn't really say the crisis is necessarily affecting diamond auctions. Private buyers may be spending less on their diamonds this year, but I'm not sure the crisis has really affected the auction zone.

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It depends. Diamdel actually says they've had more buyers at their auctions in 2009 than during the previous year. Their rough diamond auction actually increased. according to them there were 153 bidders from all over the globe, who participated in their online auction, and 88 of them won diamonds. So it really depends. Maybe this means the market is stabilizing. Who knows.

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