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About: Fancy Color Research Foundation     Goto   Sponge   NotDistinct   Permalink

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Fancy Color Research Foundation (FCRF) is a non-profit organization that promotes the transparency and fair trade for the fancy colored diamonds industry. The foundation was officially inaugurated in November 2014. The FCRF conducts research on all aspects of fancy color diamonds and publishes quarterly updates of the Fancy Color Diamond Index (FCDI), which illustrates changes in the wholesale buying price of fancy color diamonds. In recent years the FCRF has developed other services for the benefit of the diamond industry. A proprietary database that enables to determine the rarity of a fancy color diamond, an objective pre-auction analysis and a non-biased valuation for fancy color diamonds. The foundation operates from the Israel Diamond Exchange, with branches in the UK and US.