Fancies and specialsI asked the question awhile back . What I was told the total lot for the month is examined by both parties and then they bid for them and the highest bidder gets them . For an example if the bid 1 million and we won the bid we pay Debeers 510,000 for the diamonds and then sell the at the auction. I also asked how much more we sold them for and was told that information is confidential because if we knew what Debeers got for their diamonds or they knew what profit we made on our fancies and specials it would skew the bidding process.