Leading Recycled Diamond Company Hosts First Successful Tender

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White Pine Sells Over $5 Million In First Diamond Sales Event

White Pine Trading LLC, one of the world’s preeminent recycled diamond trading companies, announced today that it sold over $5 million of recycled diamonds at its first industry-wide diamond sales event in its New York showrooms, March 24th to May 1st. More than 50 global diamond buyers took part in the event, contributing to over 90% of lots purchased.

Benjamin Burne, CEO of White Pine Trading LLC, commented: “We are very pleased by the strong response we received and the excellent prices achieved. The event allowed us to showcase our industry-leading sorting and advisory services, which are designed to maximize value for both buyers and sellers. We are excited about the success of our first sales event and we look forward to hosting our next event scheduled for later this month.”

White Pine launched its first industry-wide diamond sales event around a tender concept. With a skilled and experienced team running the event, and state of the art facilities for valuation in the center of New York, White Pine expects to regularly host these sales events throughout the year.

White Pine’s next Diamond Sales Event is scheduled for May 21st to 24th in its newly built headquarters located at 535 Fifth Avenue, 18th Floor, New York, NY 10017. This event is not open to the public and is by invitation only.

To participate, please contact Myles Schakler and his team by phone at +1 (646) 758-0292 or by email at sales(at)whitepinediamonds(dot)com. For information on upcoming sales, please visit White Pine’s Diamond Sales website at http://www.whitepinesales.com.


About White Pine Trading LLC:

White Pine Trading LLC is a well-established recycled diamond company, with offices in New York, Barcelona and Birmingham, with buyers across the United States, United Kingdom and Europe. White Pine buys recycled, polished diamonds of all sizes and grades either loose or in second-hand diamond jewelry, from the smallest melee to diamonds one carat and above. White Pine remanufactures chipped, damaged and poorly cut diamonds in order to homogenize appearance. It uses a significant proportion of its diamonds in jewelry, and resells the remainder, which is distributed primarily in the US and Asia to a network of industry participants, including retailers, jewelry manufacturers, diamond manufacturers and dealers. White Pine follows the Kimberley Process and the DTC Best Practices Principles. It is a proud member of the Jewelers Board of Trade, the Jewelers Vigilance Committee, The British Jewellers’ Association, the National Pawnbrokers Association in the US and National Pawnbrokers Association in the UK.

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Myles Schakler
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