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What’s The Difference Between International and Local Diamonds?

international diamonds
international diamonds

What’s The Difference Between International and Local Diamonds?

by | Jul 27, 2016 | Uncategorized, blog, Diamond Buyer, diamond buying and selling, M.I. Trading tips, Selling Diamonds, tips

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Americans, Diamonds And The Global Market
American consumers purchase more diamonds than anyone else in the global market, with just over ⅓ of high-quality gemstones snapped up by American Diamond lovers. Most people don’t know where diamonds are mined and what if any differences exists between the quality of stones. We at M.I. Trading understand the difference and have made it our business to recognizing quality stones. Now, we want to share our knowledge with you, our valued customers to help you make the most informed decisions possible.

Throughout the 20th century, most people would never have thought about Canada becoming an important producer of diamonds however this mentality changed in 1991 when a huge deposit was discovered in Canada’s arctic. These diamonds are still of the highest quality and are of course conflict free making them an attractive alternative for consumers. By 2006, three major mines in Canada’s North were producing over 13 million carats of quality diamonds per year. Placing Canada in the place of the third largest producer of diamonds in the world.

In recent years international diamond production in Canada and Russia has increased dramatically and stones from these regions are even more popular with producers and consumers alike. Each region produces slightly different stones with unique and attractive qualities. Russia has been a major player in the diamond exchange since the mid-1970’s but has a reputation of more pedestrian sales than their competitors.

Canada produces over 13 million carats of quality international diamonds per year.

Unfortunately, there are no major Diamond mining operations in the United States that sell, but there is the unique experience of the Crater of Diamonds National Park in Arkansas. Guests can search for their very own diamond over a 37 ½-acre plowed field that is the eroded surface of the world’s eighth largest diamond-bearing volcanic crater. Your discoveries become your property and guests are able to classify diamonds on their own. If you get lucky and find a diamond that you wish to sell, contact the best Austin diamond buyers, that’s use! We’ll make sure you get the best price possible for your amazing find.

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After researching, reading reviews & visiting a few "seemingly" good jewelers, I made up my mind and I chose to do business with M.I. Trading. I felt they were above the others in every way.
Other jewelers made me feel like they were doing me a favor even looking at the jewelry which I wanted to sell. Some others low balled me.
I knew I found someone that I could trust when I went to M.I Trading. Moran did not rush me. He explained everything to me and was completely transparent, because he wanted me to make educated decisions. Nobody else even came close to caring about my business, never mind taking the time to educate me.
At M.I. Trading, I had the opportunity to think about what I wanted to do, without any pressure ... and when I decided what I wanted to sell, Moran gave me TOP DOLLAR.
I could not be happier that I found M.I. Trading, a company that I can trust.
Penny J.
6/02/2026
The wife and I had some flatware to sell. We did some research and came up with a bottom price we would accept and a "wishful thinking" price we would really like. After checking reviews, we settled on M.I.Trading and mad an appointment. Upon arrival we met with Moran and he talked us through the process, how it was weighed and answered all of our questions. When it was said and done, Moran came up with a number that was just short of our "wishing" number. We shook hands, he handed us a check and had us on our way faster than I thought. We would highly recommend M. I. Trading.
James D.
6/01/2026
I recently decided to sell some sterling silver flatware and other items that were languishing in storage, not wanted by relatives.
I found M.I. Trading on line. Mr. Tairy responded to voicemail immediately and met me at his office the next day. He was helpful, professional, and forthright. He evaluated everything and made an immediate offer. I was sorry to see my pretty things go but left within the hour with a cheque for a substantial and fair price.
Erica C.
5/14/2026
He was truly helpful during a time that I was overwhelmed by what was left for me by my mother. He was very straight forward about everything. Will be coming back for sure.
Katti R.
5/11/2026
Professional, honest and personable were my impressions. I can highly recommend MI Trading with my fullest endorsement.
M R.
5/08/2026
Moran is the best in the business. I shopped around before selling my gold and silver, and Moran not only offered me the most for my pieces, but was extremely thorough in his process, communicative, and funny! His near 20 year experience in the industry speaks for its self. He is extremely knowledgeable. There is no one else I will ever use. Moran has exclusively earned my business for the foreseeable future.
Kaylee G.
4/22/2026
I went by for a quick appraisal and Moran was able to squeeze me in without an appointment, which I highly recommend.
I’m looking forward to doing business with them again.
Ruggero R.
4/10/2026
The owner was very knowledgeable about not only gold but silver and miscellaneous jewelry as well. He carefully evaluated the many items I had collected from my mother's estate and then sorted them into groups depending upon their value. After spending approximately an hour evaluating the items I brought him he determined the value and wrote us a check in an amount that I felt was extremely fair.
Richard B.
4/09/2026
Moran was awesome, We have a great conversation and good business, definitely a great place to deal with, highly recommend.
Jose P.
2/27/2026
Very fair price. Same day pay. Friendly and Great service!:) Definitely recommend. The process was simple, easy, and fast.
Gracyn N.
2/27/2026

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