Manufacturing, Engineering and Technology Fabrication and Extraction

Polished Diamond Gemstone Buying And Selling Skills Training

SAQA US 110183 | NQF 4 | Credits 10 | Duration 7 Days
From $1,523 per delegate

Description

This course equips learners with the essential skills to buy and sell polished diamond gemstones with confidence and integrity. Participants will gain practical knowledge of diamond grading, pricing, and market dynamics, enabling them to conduct ethical and profitable transactions.

Learning Outcomes

  • Apply the 4Cs (Cut, Colour, Clarity, Carat) to evaluate polished diamond gemstones accurately.
  • Analyze market trends and pricing mechanisms to make informed buying and selling decisions.
  • Demonstrate ethical sourcing and trading practices in accordance with industry standards.
  • Implement effective negotiation strategies to achieve fair and profitable transactions.
  • Evaluate diamond grading reports and certificates to verify quality and authenticity.
  • Design a personal buying and selling plan that aligns with market opportunities and risk management.

Target Audience

This course is ideal for jewellery retailers, gemstone traders, and aspiring diamond buyers or sellers who wish to enhance their expertise in the polished diamond trade.

Prerequisites

None — open enrollment.

Course Outline

Day 1: Introduction to the Diamond Industry

Objectives:
• Understand the global diamond pipeline from mine to market
• Identify key diamond-producing countries and major trading centres
• Recognise the role of SAQA and industry bodies in South Africa
• Explain the ethical and legal framework (Kimberley Process)
• Differentiate between natural, synthetic, and treated diamonds

Topics:
• Overview of the diamond value chain
• Major diamond markets: Antwerp, Mumbai, New York, Tel Aviv
• South African diamond history and current landscape
• Introduction to the Kimberley Process Certification Scheme
• Natural vs. synthetic vs. treated diamonds
• Ethical sourcing and conflict diamonds
• Industry role players: De Beers, Sightholders, brokers
• Course outcomes and assessment criteria

Day 2: Diamond Grading and the 4Cs

Objectives:
• Describe the 4Cs: Carat weight, Colour, Clarity, Cut
• Use a diamond grading report to interpret quality
• Understand colour grading scales (D-Z) and fluorescence
• Recognise clarity characteristics and their impact on value
• Evaluate cut quality and its effect on brilliance

Topics:
• Carat weight: measurement and precision
• Colour grading: GIA scale and master stones
• Clarity grading: inclusion types and plotting
• Cut grading: proportions, symmetry, polish
• Fluorescence: types and market perception
• Reading a GIA/AGS/HRD certificate
• Common grading pitfalls and inconsistencies

Day 3: Diamond Pricing and Market Dynamics

Objectives:
• Apply the Rapaport Price List and understand its limitations
• Calculate diamond prices based on 4Cs and market premiums
• Analyse price curves for different shapes and sizes
• Understand wholesale vs. retail pricing structures
• Identify factors affecting diamond market volatility

Topics:
• Rapaport List: structure and usage
• Price calculation for round brilliants and fancy shapes
• Premiums and discounts: fluorescence, cut quality, demand
• Market cycles: seasonal trends and economic influences
• Wholesale, retail, and auction pricing
• Impact of lab-grown diamonds on pricing
• Using online pricing tools and databases

Day 4: Buying Skills and Supplier Negotiation

Objectives:
• Develop a buying strategy based on inventory needs and budget
• Evaluate suppliers: reputation, stock, terms
• Negotiate effectively: price, payment, return policies
• Inspect diamonds for accuracy against grading reports
• Manage risk: warranties, insurance, and dispute resolution

Topics:
• Pre-purchase planning: market research and budgeting
• Supplier sourcing: trade shows, online platforms, direct contacts
• Negotiation tactics: anchoring, concessions, BATNA
• Physical inspection: verifying weight, colour, clarity
• Memo vs. outright purchase: pros and cons
• Payment terms: letters of credit, wire transfers, escrow
• Return policies and dispute handling

Day 5: Selling Skills and Customer Engagement

Objectives:
• Build rapport with buyers and understand their needs
• Present diamonds effectively using storytelling and features/benefits
• Overcome objections and close sales
• Price diamonds competitively for different market segments
• Utilise sales channels: retail, online, B2B, auctions

Topics:
• Customer profiling: retail clients, investors, jewellers
• Sales presentation: lighting, tools, demonstration
• Handling objections: price, quality, origin
• Closing techniques: trial close, assumptive close
• Pricing strategies: markup, discounting, bundling
• Online selling: photography, descriptions, platforms
• After-sales service: certificates, appraisals, warranties

Day 6: Legal, Ethical, and Regulatory Compliance

Objectives:
• Comply with South African diamond regulations (Diamond Act, 1986)
• Understand tax implications: VAT, import/export duties
• Implement anti-money laundering (AML) and know-your-customer (KYC) procedures
• Apply ethical sourcing and corporate social responsibility (CSR)
• Maintain accurate records for audits and inspections

Topics:
• South African Diamond and Precious Metals Regulator (DPMR)
• Licensing requirements for diamond traders
• Import/export procedures and documentation
• Tax compliance: VAT registration, customs declarations
• AML/KYC: customer due diligence, suspicious transaction reporting
• Ethical sourcing: supply chain transparency
• CSR initiatives and industry best practices

Day 7: Practical Integration and Business Planning

Objectives:
• Synthesise all skills into a coherent buying/selling strategy
• Create a business plan for a diamond trading enterprise
• Conduct mock negotiations and sales scenarios
• Evaluate a diamond parcel for purchase
• Prepare for certification exam and ongoing professional development

Topics:
• Developing a diamond trading business plan
• Financial projections: cash flow, profit margins, break-even
• Marketing and branding for diamond businesses
• Mock buying scenario: evaluating a mixed parcel
• Mock selling scenario: pitching to a retail buyer
• Exam preparation: key concepts and practice questions
• Continuing education: trade shows, courses, industry networks

Practicals

21 hours of practicals To be conducted online or on-campus or in-house
Overview

Practical sessions are integral to developing hands-on skills in diamond grading, inspection, pricing, and negotiation. Learners will use professional equipment (loupe, scale, colour comparators) to grade diamonds, evaluate parcels, and simulate buying/selling transactions under supervision.

Practical Activities
  • Diamond Grading Practicum — Learners grade a set of 10 loose diamonds for carat, colour, clarity, and cut using loupe, scale, and master stones, and record results on grading sheets. (6h)
  • Pricing and Valuation Exercise — Learners use the Rapaport Price List and current market data to calculate prices for graded diamonds, considering premiums/discounts, and compare with actual market offers. (5h)
  • Mock Buying Negotiation — In pairs, learners role-play as buyer and seller negotiating a parcel of 5 diamonds, with a focus on inspection, price negotiation, and closing terms. (5h)
  • Mock Selling Presentation — Learners prepare and deliver a sales pitch for a specific diamond to a simulated retail client, highlighting 4Cs, value, and ethical sourcing. (5h)

Summatives

Each delegate is assessed continuously throughout the course via daily exercises, scored practical assignments, and a final summative test at the end.

Practical Assignments — 30%

Practical assignments are observed and scored against a rubric during the practical sessions. Each delegate's practical mark is averaged into a single 100% score and contributes 30% to the final total.

Daily Exercises — 20%

Every training day ends with a multiple-choice exercise scored out of 100%. The scores from each daily exercise are averaged across the duration of the course to produce a Daily Average mark, which contributes 20% to the final total.

Final Test — 50%

On the last day a final summative test is written. It is a multiple-choice paper with multiple-answer questions: each question may have more than one correct option, and a single wrong selection on a question marks the entire question wrong — no partial credit. The final test is scored out of 100% and contributes 50% to the overall mark.

Final Total
Component Out of Weight
Practical Assignments (rubric-scored) 100% 30%
Daily Average (multiple choice) 100% 20%
Final Test (multi-answer multiple choice) 100% 50%
Final Total 100%

All marks are recorded on the AATICD LMS and visible to each learner under their account.

Certificate

Certificate of Completion

Awarded to delegates who achieve an overall mark of 50% or higher on the Final Total (Practicals 30% + Daily Average 20% + Final Test 50%).

How it works
  • Certificates are auto-generated on the AATICD LMS as soon as the marks pass the 50% threshold.
  • Each certificate is a branded PDF with the delegate's name, the course title, the unit standard ID, NQF level, credits, and the date of issue.
  • You can download or print your certificate from your LMS dashboard at any time after issue — there's no reissue fee and no expiry date.
  • If you scored under 50% you can sit the final test again at the next scheduled session at no extra cost.
Where to find it

Sign in to the LMS, open your dashboard, and your certificates appear under My Certificates. Each entry has a View / Download button and a print option.

Training Discounts

Group discounts apply automatically — the more delegates you enrol, the greater the saving. Discounts are calculated at 3% per 5 delegates, scaling up to 40% off for 100+ delegates.

Delegates Discount
5 3% off
10 6% off
15 9% off
20 12% off
25 15% off
30 18% off
50 30% off
75 35% off
100 40% off

3% discount per 5 delegates, up to 40% off for 100+ delegates. Contact us for a custom group quote.

Upcoming Training Sessions
Online training — attend live sessions from anywhere via our virtual classroom.
Start End Delivery Season Price Action
Mon 07 Sep 2026 Tue 15 Sep 2026 Virtual Spring 2026 $1,523 Register
Fri 02 Oct 2026 Mon 12 Oct 2026 Virtual Spring 2026 $1,523 Register
Thu 22 Oct 2026 Fri 30 Oct 2026 Virtual Spring 2026 $1,523 Register
Thu 10 Dec 2026 Fri 18 Dec 2026 Virtual Summer 2026 $1,523 Register
Wed 13 Jan 2027 Thu 21 Jan 2027 Virtual Summer 2026 $1,523 Register
Tue 16 Feb 2027 Wed 24 Feb 2027 Virtual Summer 2026 $1,523 Register
Mon 01 Mar 2027 Tue 09 Mar 2027 Virtual Autumn 2027 $1,523 Register
Fri 12 Mar 2027 Mon 22 Mar 2027 Virtual Autumn 2027 $1,523 Register
Thu 18 Mar 2027 Fri 26 Mar 2027 Virtual Autumn 2027 $1,523 Register
Wed 09 Jun 2027 Thu 17 Jun 2027 Virtual Winter 2027 $1,523 Register
Tue 29 Jun 2027 Wed 07 Jul 2027 Virtual Winter 2027 $1,523 Register
Mon 19 Jul 2027 Tue 27 Jul 2027 Virtual Winter 2027 $1,523 Register
Fri 10 Sep 2027 Mon 20 Sep 2027 Virtual Spring 2027 $1,523 Register
Thu 30 Sep 2027 Fri 08 Oct 2027 Virtual Spring 2027 $1,523 Register
Wed 20 Oct 2027 Thu 28 Oct 2027 Virtual Spring 2027 $1,523 Register
Thu 09 Dec 2027 Fri 17 Dec 2027 Virtual Summer 2027 $1,523 Register
Wed 29 Dec 2027 Thu 06 Jan 2028 Virtual Summer 2027 $1,523 Register
Tue 18 Jan 2028 Wed 26 Jan 2028 Virtual Summer 2027 $1,523 Register
On-Campus training — face-to-face sessions at our training venues across Africa and beyond.
Showing all 505 sessions across 26 venues
Start End Venue Season Price Action
Fri 24 Jul 2026 Mon 03 Aug 2026 Lagos, Nigeria Winter 2026 $5,173 Register
Mon 27 Jul 2026 Tue 04 Aug 2026 Mauritius Winter 2026 $4,525 Register
Tue 28 Jul 2026 Wed 05 Aug 2026 Cape Town, South Africa Winter 2026 $3,769 Register
Tue 28 Jul 2026 Wed 05 Aug 2026 Accra, Ghana Winter 2026 $5,173 Register
Wed 29 Jul 2026 Thu 06 Aug 2026 Dar es Salaam, Tanzania Winter 2026 $4,525 Register
In-House training — we bring the trainer to your organisation, tailored to your team.
Start End Delivery Season Price Action
Tue 15 Sep 2026 Wed 23 Sep 2026 Your Premises Spring 2026 $1,982 Register
Mon 05 Oct 2026 Tue 13 Oct 2026 Your Premises Spring 2026 $1,982 Register
Fri 30 Oct 2026 Mon 09 Nov 2026 Your Premises Spring 2026 $1,982 Register
Fri 18 Dec 2026 Mon 28 Dec 2026 Your Premises Summer 2026 $1,982 Register
Thu 21 Jan 2027 Fri 29 Jan 2027 Your Premises Summer 2026 $1,982 Register
Wed 24 Feb 2027 Thu 04 Mar 2027 Your Premises Summer 2026 $1,982 Register
Tue 09 Mar 2027 Wed 17 Mar 2027 Your Premises Autumn 2027 $1,982 Register
Mon 15 Mar 2027 Tue 23 Mar 2027 Your Premises Autumn 2027 $1,982 Register
Fri 26 Mar 2027 Mon 05 Apr 2027 Your Premises Autumn 2027 $1,982 Register
Thu 17 Jun 2027 Fri 25 Jun 2027 Your Premises Winter 2027 $1,982 Register
Wed 07 Jul 2027 Thu 15 Jul 2027 Your Premises Winter 2027 $1,982 Register
Tue 27 Jul 2027 Wed 04 Aug 2027 Your Premises Winter 2027 $1,982 Register
Mon 13 Sep 2027 Tue 21 Sep 2027 Your Premises Spring 2027 $1,982 Register
Fri 08 Oct 2027 Mon 18 Oct 2027 Your Premises Spring 2027 $1,982 Register
Thu 28 Oct 2027 Fri 05 Nov 2027 Your Premises Spring 2027 $1,982 Register
Fri 17 Dec 2027 Mon 27 Dec 2027 Your Premises Summer 2027 $1,982 Register
Thu 06 Jan 2028 Fri 14 Jan 2028 Your Premises Summer 2027 $1,982 Register
Wed 26 Jan 2028 Thu 03 Feb 2028 Your Premises Summer 2027 $1,982 Register
Training Discounts
Delegates Discount
5 3% off
10 6% off
15 9% off
20 12% off
25 15% off
30 18% off
50 30% off
75 35% off
100 40% off

3% off per 5 delegates, up to 40% for 100+

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