PolishedPrices was founded in 2001 as a fully independent diamond information platform. Transaction prices are provided by wholesalers in the main diamond centres. The company's mission has remained the same since its inception; to provide transparency, inform, and amuse.
In 2004, a partnership with Reuters allowed PolishedPrices to create a benchmark for wholesale polished diamond prices. PolishedPrices signed a similar agreement with Bloomberg soon afterwards. The next step has been to promote the development of diamond derivatives based on its prices and indices.
Currently, PolishedPrices offers Weekly Market Reports to members, covering an overview of the rough and polished markets, technical indicators, news on the corporate front and trade statistics.
Prices reflect wholesale polished prices provided by diamond companies in the major diamond centres and are published on the trading screens of Bloomberg (PLPR <GO>) and Reuters (<DIAMONDS/PP>).
Our indices, charts and index reports reflect price trends and sharp movements in prices.
PolishedPrices is committed to complete independence. Nobody in PolishedPrices trades in diamonds. The company invites companies to contribute prices and participate in its equity scheme.
Charles has been in the diamond industry for over 30 years. He was a director of the CSO, De Beers' selling arm, before deciding to leave De Beers to set up his own diamond businesses in 1995.
He is co-founder of WWW International Diamond Consultants Ltd and is engaged in related businesses, mainly with others whose skills are based on the company's expertise in technology, the gathering of detailed market information and a wide range of contacts.
The key of his success is the true independent nature of his business and the contacts with which he is involved. Charles is a director of Diamonds International Canada (DICAN) Ltd. who are the diamond valuator and advisor for all diamond matters to the Federal Government of Canada. DICAN is a joint venture between the Aboriginal Diamond Group (ADG) and WWW.
Charles holds an MA in Jurisprudence from Oxford University.
Emma helped to build PolishedPrices.com from its infancy. She is responsible for the data agency and business development.
Previously, Emma worked for Reuters news agency as a full-time correspondent in Amsterdam. She reported for a number of publications, including the Financial Times, The Times, Business Day of South Africa and National Post (Canada).
Emma holds an MA in contemporary history from Amsterdam University (UVA).
After graduating with an Honours degree in Statistics from the University of Wales Institute of Science and Technology in 1979, Richard worked for De Beers for 22 years, before leaving to take over WWW Diamond Forecasts Ltd.
He studied diamond polishing under the tutelage of Gabi Tolkowski, and used this knowledge to write the mathematical models used for describing the manufacturing process. He has unique experience of modelling consumer behaviour and was responsible for creating De Beers pricing scenarios. He is a Fellow of the Royal Statistical Society and is currently studying for a PhD in statistics.
Richard is responsible for creating the indices and all related data issues for the polished diamond prices provided by PolishedPrices.com.