Question 1

Why is it called De Beers?

Accepted Answer

Why it is called De Beers owes to the history of the mining and jewelry company. De Beers Mining Company was established in the 1880s by British businessman Cecil Rhodes. Initially, Rhodes provided water pumping systems to miners in South Africa before he began to purchase mines. One of the mines that Rhodes bought was on the site of a farm previously owned by brothers Diederik Arnoldus de Beer and Johannes Nicolaas de Beer. Shop a diverse assortment of De Beers jewelry on 1stDibs.

Question 2

Is De Beers worth it?

Accepted Answer

Many jewelry lovers believe that De Beers is worth it. De Beers is among the world’s largest diamond suppliers by volume. The company has played a significant role in all parts of the diamond world over the years. In 1940, for example, the company partnered with the Gemological Institute of America (GIA) to market the 4Cs. This system — the 4Cs being color, clarity, cut and carat weight — was established by former jeweler and founder of the GIA, Robert M. Shipley, and lays out the guidelines determining how diamonds are graded. Today, De Beers engagement rings, wedding rings, tennis bracelets and other pieces are widely admired. However, whether or not it’s worth investing in De Beers jewelry is totally subjective! At 1stDibs, we believe in buying what you love. Our shopping experience enables discovery and learning, whether you are a seasoned connoisseur or just beginning your collection. Find De Beers jewelry and other jewelry on 1stDibs.

Question 3

Is De Beers a luxury brand?

Accepted Answer

Yes, De Beers is genuinely considered to be a luxury brand. Most people define a luxury jewelry brand as one that produces pieces out of high-quality gemstones and precious metals and prices them accordingly. De Beers fits this definition. On 1stDibs, shop a selection of De Beers jewelry.

Question 4

Is De Beers still a monopoly?

Accepted Answer

No, De Beers is not still a monopoly. Although the South African jewelry maker is still one of the leading suppliers and jewelry houses in the world, it has not been able to largely control diamond prices since the early 2000s due to changes in the market. The shift occurred largely due to an influx of new, smaller suppliers located outside of South Africa. Shop a diverse assortment of De Beers diamond jewelry on 1stDibs.

Question 5

Where does De Beers get its diamonds?

Accepted Answer

Where De Beers gets its diamonds varies. The diamond supplier operates mines in Botswana, Canada, Namibia and South Africa. De Beers guarantees that all of its gemstones are ethically sourced and conflict-free, and it employs transparency policies that allow customers to know the origins of the diamonds they purchase. Shop a variety of De Beers diamond jewelry on 1stDibs.

Question 6

Where are De Beers rings made?

Accepted Answer

In a recent turn of events, De Beers has opened a factory in Portland, Oregon that has the capacity to produce 400,000 lab-grown diamonds per year. You can shop a selection of De Beers jewelry from some of the world’s top sellers on 1stDibs.

Question 7

Are De Beers diamonds worth it?

Accepted Answer

Yes, De Beers diamonds are generally worth it. The luxury jewelry maker has exceptionally high standards for gemstone quality. As a result, jewelry produced by the company only features diamonds with color ratings of D to L, clarity ratings of FL to SI2 and cuts of Excellent and Very Good. On 1stDibs, find a diverse assortment of De Beers diamond jewelry.

Question 8

Is De Beers a good brand?

Accepted Answer

Yes, many people consider De Beers to be a good brand. The company is among the world’s largest diamond suppliers by volume. De Beers engagement rings, wedding rings, tennis bracelets and other pieces are widely admired by jewelry wearers near and far. Additionally, De Beers has played a significant role in the diamond world over the years. In 1940, for example, the company partnered with the Gemological Institute of America to market the 4Cs — cut, color, clarity and carat weight. This system lays out the guidelines that determine how diamonds are graded. On 1stDibs, explore a variety of De Beers jewelry.

Question 9

Did De Beers invent the engagement ring?

Accepted Answer

No, De Beers did not invent the engagement ring. Use of engagement rings date back to at least the time of Ancient Rome. However, in the 20th century, engagement rings began to fall out of style, especially by the time of the Great Depression. In the late 1930’s, De Beers began an advertising campaign that would forever rejuvenate interest in diamond engagement rings. Shop a collection of authentic De Beers jewelry on 1stDibs from some of the world’s top sellers.

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