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Venus Jewel launches online diamond auction

October 01, 2008

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Mumbai, India—Diamond Trading Co. sightholder Venus Jewel has announced it is now offering a service that allows its customers to bid for diamonds online.

According to a release from the Mumbai, India-based manufacturer, the new Venus Exclusive Diamonds (VED) is the first time an auction service has been offered by a diamond manufacturer.

VED will upload new diamonds every Wednesday at 7:30 p.m. IST (about 10:00 a.m. EST), displaying a minimum price for each of the diamonds.

The auction will be open for seven days.

Venus Jewel will announce the auction results after 8:30 p.m. IST (about 11:00 a.m. EST) on each of the following Wednesdays.

Potential buyers not registered with Venus Jewel but who wish to participate in the auction, can log on to VenusJewel.com and register online to view the stones.
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