White Pine’s team of diamond valuers will attend the CMJ meeting at the Hilton Birmingham Metropole on 17 and 18 March to explain its services to the attending retailers.
White Pine’s director of Europe Tim Phillips explained: “Recycling diamonds is a relatively new phenomenon and we are looking forward to explaining to the CMJ’s membership exactly how our service works and how they may be able to benefit from using us in order to gain an additional revenue stream from their unwanted stones.
“We have agreed that members will send their diamonds directly to the CMJ, which will securely retain each parcel on their premises for valuation by one of White Pine’s diamond experts during regular monthly visits. Each member’s large diamonds will be valued individually based on GIA grading to ensure a fair market price.
“We are very excited to be working with the CMJ to provide a valuable and secure service to its members, allowing them to release capital which may currently wrapped-up in diamond stock and not particularly liquid.”
CMJ’s CEO Willie Hamilton commented: “Once again the collective strength of the CMJ will provide a competitive edge to the individual retailers within the group through partnership with a market leading business like White Pine.”
Image: Lucy Hill of the CMJ with Tim Phillips of White Pine.