” Our activity at Leisbih is marginal when it comes to normal white goods and our brand does not depend on the Rapaport Price List or on De Beers Diamond supply. The latter the second obstacle to our recovery as they promote their own Labgrown Diamond Brand and give at least a temporarily debranding effect on real natural diamonds. But Lab grown diamonds are not forever. They are merely an imitation and their prices are down by 35% this year which means there is less demand for them. Leibish is a Family Brand based on the world of color. At Leibish you will find Fancycolor diamond and Gemstones, No Labgrown, no HPHT, no radiated, no gimmicks. Our clients seek commitment and diamonds that are eternal rather than cheap imitations and gimmicks. With Covid-19 hitting us our desire for something that will be everlasting grew. Still, diamonds are sold at a 70% discount of their eternal value.
Overproductions or borrowed money created large stockpiles and pushed the price downward. With the closure of the Surat factories of 1 million workers the stockpile has dried up and the demand is larger than manufacturing. The pipeline was interrupted as well and the goods are not coming in as fast as they go downstream. Some goods became rare and difficult to find ( but not as rare as Argyle Pink diamonds). At the end of the day what we’re looking for is a piece that symbolized our relationship with our loved ones, a diamond that is dear to us that can be passed from one generation to the next one. Not a fake product. The Jewelry of icons Elisabeth Taylor and Dutches of Windsor are auctioned off at record prices because they are authentic. Just like Leibish.
