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DIAMOND
ISSUE 4
VOLUME 1
Spring 2016
REFERENCE GUIDE
4 Editors Note
PAGE 5
28 Elemetal Recycling
Market Outlook
Our team at Elemetal Capital
provides their outlook on the
marketplace and forecasts for the
remainder of 2016.
PAGE 26
Elemetal Direct | 3
EDITORS NOTE
Spring 2016
PRESENTED BY: Elemetal, LLC
MARKETING DIRECTOR: Brad Hastedt
CONTACT US FOR
ADVERTISING AND CONTENT
Brad Hastedt
bhastedt@elemetal.com
PUBLICATION INFO
www.elemetal.com
15850 Dallas Parkway
Dallas, Texas 75248
Elemetal, LLC
Editorial Staff
4 | Elemetal Direct
Quarterly
Report
0.20pt - 0.99pt
10.89%
Broken
2.74%
Brown/Black
12.42%
Rounds
27.57%
109,917
carats total
Mixed Fancy
18.05%
Single Cuts
14.31%
We
MARKET CONDITIONS
season helped restore dealer confdence. Polished prices steadied in the frst quarter of
2016 and are expected to maintain current levels through the second quarter. The secondary
recycled diamond market should see an increase in volume due to precious metal volatility, as sellers
may look to take advantage of upticks in metals prices on scrap jewelry.
+15%
+10%
+5%
0%
-5%
Samer Barrage
Jan 1, 2016
DONT FORGET...
You can trade
diamonds for
Elemetal Capital
bullion credit.
Gold
Elemetal Diamond
now covers stone
removal fees on
accepted diamond bids.
Diamonds
PRICING INDICATIONS
Below are pricing indications for melee diamonds. These indications are as-of March 2016.
Prices are subject to change. All lots are valuated on individual basis.
$150.00 - $250.00
$100.00 - $200.00
$100.00 - $200.00
$50.00 - $100.00
$75.00 - $150.00
Mixed Fancy
$80.00 - $150.00
Baguettes
$25.00 - $75.00
Brown
$40.00 - $70.00
Natts
$50.00 - $70.00
$50.00 - $100.00
$35.00 - $55.00
Rejection
PHONE
WEBSITE
info@elemetaldiamond.com
(214) 956-5843
elemetal.com/diamond
Tim Green, in his recent publication The London Good Delivery List: Building a Global Brand (2010),
provided a detailed account of the expansion of the London rening industry following the gold rushes
that took place from the mid-19th century and resulted in many new rening houses and brokerages
being established in London. Inspired by Tims research, Dr Michele Blagg built on these accounts for
her own research. Here she presents a prcis of her doctorial study into a bullion rening facility, the
Royal Mint Renery, operated by N M Rothschild & Sons between 1852-1967. The study, which focused
on the interaction between Rothschild and the London gold market, reveals much about the signicant
players in the industry and contributes to the wider understanding of the current renaissance for gold.
The bank also beneted from its connection to the Royal Mint
Renery as it gained access to and control over much of
the gold production within the British Empire, which in 1914
amounted to a massive 70 per cent of the total world gold
production. Gold rening facilities in London were regularly
improved and expanded in response to the arrival of African
gold, and the silver renery received constant supplies of
demonetised coin from across Europe.
In earlier years large shipments of bullion arrived in London
in the shape of blocks; bars; ingots; pieces and coins;
or in any other form in which it could be offered up to the
market to be sold for the intrinsic metal value. London
rening rms competed against each other to secure the
weekly consignments of raw gold that were boxed up
and transported by coach, later by rail, to Cape Town and
Durban and dispatched by ship to London. Directors of
the companies donned their frock coats and top hats and
headed into the City each morning to call on the banks,
brokers and shipping agents to compete for the incoming
shipments. Upon arrival the wooden boxes containing the
raw gold were dispatched to the various rening houses for
treatment. Once rened the bars were converted into the
nished product ready for sale as pure gold and offered for
sale on a Monday morning in the London market by one of
the approved bullion brokers. In addition to rening costs
gold producers were also responsible for freight charges,
insurance, and any brokerage fee charged for the sale of
the consignment. Jean Jacques Van-Helton calculated that
additional costs incurred could be in the region of 15 per cent,
which meant that the standard price of an ounce of gold (3
17s 9d) could be whittled down to around 3 10s
Gold received in London, mainly originating from southern
Africa, was channeled through a variety of formal and informal
links. Between 1904 and 1910 imports increased from 16.3
million to 34 million. Clarke suggested the attraction to
London was simply a reection of the City as a wholesale
market with builtin expertise and experience. Van-Helton
identied four key links that attracted gold to the London
market. Firstly, the London gold market was the only genuinely
unrestricted market; it was free from gold premiums, central
bank interventions and so on, nothing impeded the import and
export of precious metals. Secondly, as a consequence of
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On the modern coin front, the two most important coin programs
of the U.S. Mint the American Silver Eagle and American Gold
Eagle both began in 1986. Issued from the start as bullion and
proof issues, they have since become the most widely collected
and traded U.S. coins of the modern era.
Special edge lettering
Thanks to a provision in a recently enacted law that gives the Mint
authority to change the silver purity of its numismatic products
14 | Elemetal Direct
these three coins in 2016. Not all details have been worked out,
including whether they will be released as a set or only individually
and whether they will be minted to demand or have limited
mintages, but one key detail that is known is that the coins will be
issued in half, quarter, and one-tenth-ounce weights. Since the
weight of the original silver coins was less than those amounts, that
means the coins will be made thinner than the originals.
Platinum proof
It is very likely the Mint will issue some kind of special coins or sets
for the two American Eagle anniversaries since that has been the
practice since these coins marked their 10th anniversary, though
no specic plans have been announced so far. Collectors hope
this includes something that has never been done such as a high
relief version of one or both coins.
Centennial gold coins
As far as the three Liberty series that began in 1916, which were
products of President Theodore Roosevelts initiative to
improve the designs on American coins that is
known as the golden age of American coin
design, the Mint announced last year that
it will issue gold versions of each of
Elemetal Direct | 15
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It is unlikely any of the 2016 issues will set new mintage lows since
the postwar rst spouse coins have generally been more popular
than many of the previous issues. However, a spike in gold prices,
which many precious metal experts think is likely to occur this year,
could dampen sales.
As has been the case since the late 1990s when the modern
commemorative coin program was reformed to limit it to two
programs per year, 2016 will see the issuance of two such
programs one to honor the achievements and contributions of
Mark Twain, and the other to mark the 100th anniversary of the
National Park Service.
18 | Elemetal Direct
For Mark Twain two coins are being issued, a silver dollar and a
$5 gold piece, as always in both uncirculated and proof nishes.
Collectors always gravitate to the proofs because they look more
attractive with their reective elds and deep cameo contrast
between the design elements and the elds, or background
elements. That means the uncirculated coins always have lower
mintages, and if low enough, they develop aftermarket premiums
provided the coins are also in demand later.
are most responsible for creating the National Park system, has
received a lot of acclaim from collectors.
America the Beautiful
2016 is the seventh year of production for the America the Beautiful
ve-ounce silver coins, which are also issued as quarter dollars.
This years coins will honor the following parks: Shawnee National
Forest, Cumberland Gap National Historical Park; Harpers Ferry
National Historical Park, Theodore Roosevelt National Park, and
Fort Moultrie, which is part of Fort Sumner National Historical Park.
The designs for these coins were approved and released in 2015,
and the quarter-dollar proof versions of these coins were supposed
to be released in January, but as a result of another packaging
error those coins have also been delayed. These designs have
been greeted with enthusiasm by collectors, especially the one for
the Roosevelt Park.
Elemetal Direct | 19
The gold coin turned out to be a bigger seller than many expected,
reaching total sales of just a couple hundred under the maximum
authorized mintage of 50,000 coins by the end of the year. The
silver coin provides a more affordable option for those who like the
design, and the Mint may sell it both individually and as a set with a
special proof Silver Eagle. The Mint has not announced any other
details regarding the medal, such as whether it will have a mintage
limit.
There are numerous other products coming from the U.S. Mint
in 2016, including proof and mint sets and other releases, but
these coins are the ones that will likely receive the highest interest
from collectors and buyers. They include many interesting themes
and designs, and they will offer lots of potential for numismatic
enjoyment and in some cases for prot too.
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O N E E L E M E TA L | INTRODUCTION TO A BRAND
INTRODUCTION TO A BRAND | O N E E L E M E TA L
As gold prices began to soar, the consumer need for an integritydriven direct buyer spurred the growth of Elemetals business. As
the price of gold continued to rise, the need for Elemetals services
also increased. The only option was to expand.
The founders often joke that their biggest struggle was
expanding fast enough to meet the booming market.
For years, Elemetals customers have been dealing directly with our
family of companies such as NTR, OPM, and Echo Environmental.
Those customers can rest assured that with one Elemetal theyll
receive the same quality of customer service and the COMEX and
LBMA good delivery standards of our previous companies.
Each one of these divisions operates under Elemetals system
of core values: Integrity, Stewardship, Discipline, Collaboration and
Perseverance. These values are more than just words. They dene
Elemetal and established us as the market leader.
ELEMETAL DIRECT - Formerly NTR Metals
Elemetal Direct | 23
O N E E L E M E TA L | INTRODUCTION TO A BRAND
ELEMETAL VAULT
ELEMETAL DIAMOND
At Elemetal Diamond we deliver the highest quality service to
our clients. Whether you are buying or selling, you can expect the
same level of professionalism throughout your transaction process.
We deliver straightforward information and lend transparency into
the life cycle of diamonds.
24 | Elemetal Direct
INTRODUCTION TO A BRAND | O N E E L E M E TA L
Elemetal Direct | 25
E L E M E TA L C A P I TA L | Market Outlook
26 | Elemetal Direct
Base Case
Aggressive
GOLD
$ 1,025
$ 1,190
$ 1,280
SILVER
$ 13.49
$ 15.06
$ 16.00
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E L E M E TA L R E C Y C L I N G | Electronics Disposal
28 | Elemetal Direct
As new gadgets are released into the market, the old or outdated
ones are sent to other less- developed countries to be sold for
considerable prot. EU countries dispose approximately 9 million
tons of E-waste every year, with Britain boasting an estimated 1.5
million. Most electronics marked for recycling are illegally exported
to developing countries. The EU, in a bid to end this illegal dumping,
passed a law that prohibits the export of anything outdated or spoiled
to developing countries. African countries like Ghana and Nigeria are
the usual target for illegal traders of used electronics.
Recycling of electronic waste is an expensive venture for most
companies, because a lot of the components used are hazardous
and toxic to the environment. E-waste contains metals such as
lead, mercury and a host of other chemicals that can seriously
damage our nervous system. Now, instead of lining them up to be
recycled, most disposal companies simply sell them to traders who
them ship them off to less developed countries. Some companies
that are paid to recycle electronic waste dont even comply with the
contract; instead of recycling, they ship them out in containers to
Africa and Asia.
CAPITAL
Wholesale distributor focusing on physical metal
trading, metal derivatives, and foreign exchange
CAPITAL
E L E M E TA L R E C Y C L I N G | Electronics Disposal
RECYCLING THE
FUTURE
Elemetal Recycling is a large-scale processor of circuit boards and electronic waste. We buy
circuit boards on a per pound or refining basis depending on quality and volume. Elemetal is the
largest American-owned precious metals conglomerate providing good delivery gold and silver.
We melt, mint, sell, ship and store precious metals around the world. We have grown from a single
location, to an industry leader backed by the highest possible certifications for standards and quality.
elemetal.com