New Zealanders Increasingly Buying Diamond Jewelry at Auction

New Zealand’s Stuff reported that people interested in purchasing diamond jewelry are increasingly choosing to buy at auction rather than from traditional jewelry stores.

As quoted in the market news:

Several auctions houses around the country hold regular jewellery auctions and with their catalogues being available online and most auctioneers accepting phone bids, buyers no longer need to be in the auction room to secure the piece they want.

And with prices at auction ranging from $100 to $50,000, there’s usually something for every budget. Some of the biggest bargains to be had are engagement rings.

 Click here to read the full Stuff article.