Newsletter - September 2011
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Presidents Corner - Déjà vu |
 | Leibish Polnauer President of Leibish & Co. |
We have been selling diamonds for over 30 years now. When we started, it was a rather simple procedure. We bought or manufactured a parcel. I would travel to London or Hong Kong, add a few percent profit to our cost, and make a customer happy. Over the years, some stones remained in our possession and were kept secure in one of our safes. The bigger the business grew, the more the stock grew.
The industry is moving at an unbelievable pace. People seek immediate results and look for instant gratification. In the past, I had to reserve a ticket, hotel room, and board a plane just to show a stone and perhaps sell it to one of our customers. It was a logistic undertaking of at least 4-5 days. Today, I can upload an Argyle pink diamond at 4:00 p.m., and one hour later it is sold to a customer in Perth who lives just a diamond throw from the Argyle headquarters.
About ten years ago, we began to sell layout designs in combinations of different fancy colored diamonds. The stones were placed in glass boxes ready to be set according to our customer's request. In 2006 we expanded, and began to make fine jewelry. In fact, one of the first pieces our company made, designed by Chavi Itzhakov, was created for Liz Taylor's company. She was a real lover of jewelry and diamonds. Liz took one look at those earrings and said, "That one's for me!"
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The Kings speech at the hong kong show |
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 | | Martin Rapaport |
There was a deep anxiety in the air that soared through the El Al business lounge. Everyone knew to where they were headed, but exactly what to expect remained unknown. A long journey lay before us to a culture so different from what we were all used to. We were off to a scary place where lions and tigers roam about and mystic legends were formed.
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Mellow Yellow in the pink |
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Fancy color diamonds come in the following twelve colors: Yellow, Pink, Blue, Orange, Red, Green, Purple, Black, White, Gray, Champagne, and Violet. Chameleon is not a color on its own, but due to its unique color changing phenomenon, it is often presented in its own class. Add to these options the ability of each stone to combine magnificent color combinations. Each stone can potentially contain a main color and one, two, or even up to three overtones. The permutations, variations, and combinations of colors are almost limitless.

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Something for everyone |
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 | | 2.59ct Platinum, Fancy Intense Blue |
Among the treasures for sale at the Sotheby's New York Important Jewels Auction held on the 20th September, 2011, were two pieces of contrasting style but comparable beauty.
Let's start with this stunning Platinum, Fancy Intense Blue and near colorless pendant necklace. Sold at USD782,500, above the upper end of the estimate. The pendant is set with a Fancy Intense Blue Pear-shaped diamond weighing 2.59 carats. It is surmounted by a Marquise-shaped diamond weighing 0.92 carats, and a Round diamond weighing approximately 0.10 carats. The pendants are on a 17.5 inch Platinum Link chain.
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Back in black |
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In what seems to be a recurring theme in the celebrity world, black diamonds seem to be taking center stage.
At the recently held 2011 MTV Video Music Awards, none other than the anointed one, Beyonce, chose to pair her just announced baby bump with a pair of Lorraine Schwartz diamond-encrusted tassel earrings with black and colorless diamonds. This fashion statement was also adopted by Zoe Saldana, whose earrings had more of a proliferation of black stones to match her black dress.
 | | Beyonce Lorraine Schwartz |
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The Stone that Became a Celeb... |
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 | | The Golden Eye Diamond 43.51ct |
The Golden Eye diamond made headlines five years ago when Paul Monea, a businessman accused of money laundering, attempted to sell it, as well as Mike Tyson's former home, to a drug dealer who was actually an undercover FBI agent.
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Featured Items
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 | "A magnificent ring set in Platinum and 18K. Yellow gold. The ring has a center stone 3.40cts Cushion cut, Fancy Light Yellow, with 70 brilliant cut collection diamonds surrounding the center stone, and on the shank.The Fancy Light Yellow diamond is a fabulous stone, with a VVS1 clarity, and GIA graded Very Good polish and Very Good symmetry." View more details... | 3.40 Ct, Fancy Light Yellow, Cushion, VVS1, GIA
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 | "A fabulous Fancy Intense Yellow and Collection color round brilliant pave set wedding band with three tiers. The ring is finished with a fine mill grain edge. Certified by In house grading." View more details... | 1.29 Ct, Fancy Intense Yellow & collection color round brilliant wedding band Certified by In house grading
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 | "0.30ct Fancy Intense Blue Radiant cut diamond with a pure straight blue color face up. A stone with a GIA color only certificate and VS2 clarity, Certified by GIA." View more details... | 0.30 Ct, Fancy Intense Blue, Radiant, VS2, GIA
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 | "0.26cts Emerald cut Fancy Intense Pink diamond. An beautiful, elegant Argyle diamond with an original Argyle Certificate and Laser inscription.A strong pink color saturation and very good luster. SI1 clarity. Certified by GIA" View more details... | 0.26 Ct, Fancy Intense Pink, Emerald, SI1, GIA & Argyle
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 | "1.44ct Fancy Black Oval Diamond. 7.87x6.12x4.36mm Certified by GIA" View more details... | 1.44 Ct, Fancy Black, Oval, GIA
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ABOUT US
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Leibish & Co. is a family run business. Each member of the family has his special niche, and together with our staff, we have a team that enables the company to thrive and flourish.
Leibish Polnauer has been in the diamond business for 30 years. He is a member of the Israel Diamond Bourse, the NCDIA - National Color Diamonds Association, and the WFDB - the World Federation of Diamond Bourses.
Our company specializes in NATURAL Fancy Colored diamonds. This means that the diamonds we sell are 100% natural, and that their color is not heated or enhanced in any way. All our diamonds are purchased from legitimate sources, and from conflict free zones.
We have had an on-line diamond store for more than 14 years, and everything you see on our site is the result of our own handiwork. * All the pictures on our store are of the actual diamonds. * We photograph and upload our own photos in our office, making a big effort to reflect the true NATURAL color, and we write all the descriptions and details about our diamonds ourselves. * We have one of the biggest selectionsof natural colored diamonds on-line.
Most important of all, we place great emphasis on customer service and satisfaction. This is our number one goal. As a result of our efforts, we constantly see satisfied and frequently returning clients.
Remember that in the case of an unhappy customer, we offer a 100% money back guarantee - no questions asked.
At Leibish & Co., we are always here for you.
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