Heritage • 2026 Guide • 17 Min Read

THE DIAMOND CAPITAL: WHY THE WORLD COMES TO ANTWERP

Cinematic shot of Antwerp Diamond District or Central Station For over 575 years, "Cut in Antwerp" has been the global standard of excellence.

It is a saying as old as the trade itself: "If you want to buy a diamond, go to the source." But in a globalized world of online giants and drop-shipping, does location still matter? The answer, unequivocally, is yes.

Antwerp is not just a city in Belgium; it is the beating heart of the global diamond industry. More than 84% of all rough diamonds and 50% of all polished diamonds on Earth pass through a single square mile here. It is a place where history meets modern commerce, where deals worth millions are sealed with a handshake and the word "Mazal" (Hebrew for 'good luck').

In this guide, we take you behind the secured gates of the Hoveniersstraat to explain why buying "Antwerp Direct" is flawed myth for most tourists, but the ultimate value hack for the informed buyer who knows who to call.

575 YEARS OF BRILLIANCE

ORIGINS: THE HIDDEN HISTORY (1447 - TODAY)

The story begins in 1447, when a city decree first mentioned the diamond trade. But the pivotal moment came in 1476, when a local polisher named Lodewyk van Bercken invented the scaife—a polishing wheel infused with diamond dust and olive oil. This invention allowed diamonds to be faceted symmetrically for the first time, unlocking their brilliance. Before Lodewyk, diamonds were just dull, hard rocks.

The Jewish Connection

It is impossible to tell the story of Antwerp without honoring the Jewish community. For centuries, Jews were barred from many guilds (farming, carpentry) across Europe but were allowed to trade money and gems. Because diamonds were portable wealth during times of persecution, the trade became a survival skill. Today, while the industry has diversified to include a massive Indian and Jain community, the "Mazal U'Bracha" (Luck and Blessing) handshake remains the universal contract of the district, respected by traders of all faiths.

Visual Detail: District Security Visual Detail: District Security

THE SQUARE MILE: INSIDE THE 4 BOURSES

Step out of the magnificent Antwerp Central Station, walk two minutes down the street, and you will hit a heavy security gate. Welcome to the Diamond District. This tiny area contains four distinct exchanges, each with a specific purpose:

1. Beurs voor Diamanthandel

The main exchange for polished diamonds. This is where the major deals for finished stones happen. If you are looking for a 3-carat Engagement Ring diamond, it often changes hands here.

2. Diamantclub van Antwerpen

Founded in 1893, this is the oldest diamond exchange in the world. It has a more traditional, exclusive atmosphere and houses many of the old-school merchant families.

3. Vrije Diamanthandel

Originally created for the rough diamond trade, it now handles both. It is known for a slightly more open trading floor dynamic.

4. Antwerpsche Diamantkring

The specialist exchange for Rough Diamonds. This is where the raw crystals from Botswana, Canada, and Russia are traded before they are touched by a polishing wheel. It is the only exchange in the world dedicated solely to widespread rough trading.

Artistic representation of the Mazal handshake tradition "Mazal U'Bracha" (Luck and Blessing). This phrase, spoken with a handshake, is a legally binding contract in the district.

THE SUPPLY CHAIN SECRET: SIGHTHOLDERS

This is the most misunderstood part of the industry. How does a rough stone become a polished ring?

The "De Beers Sight" System

Major miners (De Beers, Alrosa, Rio Tinto) do not sell diamonds one by one. They sell them in massive boxes called "Sights" to a handful of accredited companies called Sightholders.
There are only about 70-80 Sightholders in the world. Most of them have offices in Antwerp.

The Flow:
1. Mine: Rough is mined in Botswana/Canada.
2. Antwerp: The rough is aggregated and sorted in the Diamond District.
3. Sightholder: Buys the box.
4. Manufacturer: Cuts and polishes the stone (often in India, but high-end stones stay in Antwerp).
5. Bourse: The polished stone returns to the Antwerp Bourse to be traded.

The Zizov Advantage:
By being in the Bourse, we inspect these "freshly polished" parcels before they are shipped to New York, Hong Kong, or London. We pick the "cherries"—the stones with the best crystal quality—before the rest of the world even sees them.

BUYING LOGISTICS: HOW IT WORKS

Buying thousands of dollars worth of gems in a foreign country can feel daunting. Here is the practical reality.

1. The VAT (Value Added Tax) Refund

If you live outside the EU (e.g., USA, UK, Switzerland, UAE), you do not pay the 21% Belgian VAT.
How it works: We issue an export invoice. You pay the net price. We ship the diamond via Brink's or FedEx International Priority. The tax is removed at the source – you don't have to queue at the airport.

2. Payment Security

Due to strict Anti-Money Laundering (AML) laws in Belgium, cash payments are strictly limited (capped at €3,000). All major transactions are done via Bank Wire Transfer. This protects both you and us, creating a verified paper trail for customs.

3. Secure Shipping

We do not just drop a diamond in the mail. We use Malca-Amit or Brink's for high-value armored transport, or fully insured FedEx Priority for consumer goods. The package is anonymous, double-boxed, and requires a biometric or ID signature.

WHY "ANTWERP CUT" IS SUPERIOR

WHY "ANTWERP CUT" IS SUPERIOR

Not all "Excellent" cuts are created equal. In mass-production centers, cutters are often paid to maximize weight retention. This leads to diamonds that are technically "Excellent" on a GIA report but have slightly steep angles to keep the stone over a magic weight (e.g., 1.01ct instead of 0.99ct).

Close up of a diamond polishing wheel capturing craftsmanship Antwerp masters cut for beauty, not just weight retention.

In Antwerp, the cutting tradition focuses on the "Ideal Make"—sacrificing more raw material to achieve perfect optical symmetry. An "Antwerp Cut" is a term respected worldwide for a stone that has life, fire, and crispness.

EXPERIENCE ZIZOV IN ANTWERP

We invite our clients to experience this heritage firsthand. A visit to our showroom is not a retail shopping trip; it is a private consultation.

Visual Detail: Showroom Consultation Visual Detail: Showroom Consultation
Antwerp Insight: Diamonds should always be viewed under natural North Light. Our offices are designed to provide this neutral, consistent lighting so you can see the true color of the stone without the deception of retail spotlights.

You will sit with an expert, view loose diamonds (not pre-set) under a loupe, and compare 5, 10, or 20 stones side-by-side. This volume of inventory is simply impossible for a traditional jeweler to stock.

DEEP DIVE: THE SECURITY FORTRESS

The Diamond District is often called the "safest square mile on earth," but do you know why? It operates almost like a sovereign state.

The Infrastructure

There are over 2,000 surveillance cameras in this three-street radius. They cover every inch of pavement. If you drop a gum wrapper, three people have seen it.

Retractable Bollards: No unauthorized vehicles can enter the Hoveniersstraat. Massive steel bollards block the entrances, retractable only by police command.

The Police Station: There is a dedicated police station inside the district, solely for the protection of the diamond trade. The police here are specially trained to spot "spotters" (people casing buildings).

THE HEIST OF THE CENTURY (2003)

You cannot talk about security without mentioning the exception that proved the rule. In 2003, Leonardo Notarbartolo and his "School of Turin" gang pulled off the largest diamond heist in history ($100 million+).

The Plan: Notarbartolo rented an office in the Diamond Center for two years, posing as a trader. He mapped the security sensors (heat, motion, seismic) and even the specific brand of the vault key.

The Execution: On a weekend, they bypassed 10 layers of security, including bypassing magnetic fields with styrofoam and covering heat sensors with hairspray. They emptied 123 safe deposit boxes.

The Aftermath: They were caught because of a half-eaten salami sandwich left in a trash bag nearby (DNA evidence). Since then, security has been upgraded to military levels. Today, the vaults use biometric vein scanners and seismic sensors so sensitive they can detect a heartbeat.

THE FUTURE: INNOVATION VS TRADITION

Antwerp is not stuck in the past. It is leading the future.

1. Blockchain Tracking:
Antwerp is pioneering the "Tracr" blockchain system. This digital ledger tracks a diamond from the mine in Botswana to the cutter in Surat to the dealer in Antwerp. It makes the supply chain 100% transparent and tamper-proof.

2. The Lab-Grown Shift:
While many traditionalists hate them, Antwerp has adapted. There are now dedicated trading floors for Lab-Grown diamonds. However, the Bourses strictly separate them to prevent mixing. If you buy a natural diamond in Antwerp, it is guaranteed natural because the entire ecosystem is built on verification.

MODERN ANTWERP: SHAH, MEHTA, AND THE JAIN SHIFT

While the history of Antwerp is Jewish, the modern reality is Indian. Starting in the 1960s and 70s, diamantaires from Palanpur (Gujarat, India) began to establish a foothold in Antwerp. They were willing to work with lower-margin, smaller stones that the traditional firms ignored.

Today, the Jain community controls upwards of 70% of the trade in Antwerp. This cultural fusion—Yiddish spoken alongside Gujarati, kosher restaurants next to vegetarian Indian canteens—gives the district a unique, vibrant energy found nowhere else in Europe.

THE ZIZOV VISITOR GUIDE

If you are flying in to see us, make a trip of it. Here is how to do Antwerp like an insider.

Where to Stay

  • Hotel Hyllit: Located right on the De Keyserlei, it backs directly into the Diamond District. The safest and most convenient option.
  • Sapphire House: A new Marriott Autograph collection hotel that is literally inside a converted diamond exchange. Stunning architecture.

Where to Eat (Kosher & Indian)

  • Hoffy's: The most famous Kosher restaurant in Antwerp. The Hoffmans are legends. Go for the gefilte fish and chulent.
  • Aahaar: In the district. Authentic, vegetarian Indian thali. This is where the billion-dollar dealmakers eat lunch for €15.

Parking

Do not try to park on the street. Use the Parking Diamant underground garage. It has direct secure elevators into the district.

CASE STUDY: NEW YORK VS. ANTWERP

Let's look at a real-world example from a client who flew in from New York.

The Client: Michael & Sarah, looking for a 3.00ct Round Brilliant, F Color, VS1 Clarity, Triple Excellent, GIA.

The New York Quote:
They visited a famous brand on 5th Avenue.
Price: $86,000 (excluding tax)

The Antwerp Quote (Zizov):
They booked a flight to Brussels and took the train to Antwerp.
Price: $58,000 (Tax-Free Export)

The Result:
Savings: $28,000.
Even after spending $3,000 on First Class flights and a luxury hotel suite in Antwerp, they saved $25,000. They used the savings to upgrade their honeymoon.

DEEP DIVE: HRD ANTWERP VS. GIA

You cannot talk about Antwerp without mentioning HRD (Hoge Raad voor Diamant), or the Diamond High Council. Established in 1973, it is Europe's leading authority on diamond grading.

The Difference:
While GIA (USA) is the global standard for color/clarity, HRD is often considered the "scientific" standard. HRD certificates often include deeper analysis of light performance and proprietary "Hearts & Arrows" citations that GIA sometimes ignores.

Zizov Advice: We sell both. For investment-grade white diamonds, we prefer GIA. For unique cuts or specific European markets, HRD is practically royalty. Having an HRD certificate is the ultimate "Made in Antwerp" stamp.

THE CHOCOLATE & DIAMOND CONNECTION

It is a cliché because it is true: Antwerp does two things better than anywhere else on earth—Sparkle and Cocoa.

The "Sweet" Tour:
Just around the corner from the Diamond District is the famous chocolatier DelRey. It is practically the canteen for diamantaires. If you visit us, ask for the "Diamond Chocolate"—a faceted praline that mimics the Brilliant Cut.

DEEP DIVE: HRD ANTWERP VS. GIA

You cannot talk about Antwerp without mentioning HRD (Hoge Raad voor Diamant), or the Diamond High Council. Established in 1973, it is Europe's leading authority on diamond grading.

The Difference:
While GIA (USA) is the global standard for color/clarity, HRD is often considered the "scientific" standard. HRD certificates often include deeper analysis of light performance and proprietary "Hearts & Arrows" citations that GIA sometimes ignores.

Zizov Advice: We sell both. For investment-grade white diamonds, we prefer GIA. For unique cuts or specific European markets, HRD is practically royalty. Having an HRD certificate is the ultimate "Made in Antwerp" stamp.

THE CHOCOLATE & DIAMOND CONNECTION

It is a cliché because it is true: Antwerp does two things better than anywhere else on earth—Sparkle and Cocoa.

The "Sweet" Tour:
Just around the corner from the Diamond District is the famous chocolatier DelRey. It is practically the canteen for diamantaires. If you visit us, ask for the "Diamond Chocolate"—a faceted praline that mimics the Brilliant Cut.

A FINAL THOUGHT: 66 MILLION YEARS

When you hold an Antwerp diamond, you are holding two histories. One is 66 million to 3 billion years old—the geological time it took for carbon to crystallize in the Earth's mantle. The other is 575 years old—the heritage of the Antwerp cutter who unlocked its fire.

You can buy a diamond anywhere. But you can only buy history in Antwerp.

FREQUENTLY ASKED QUESTIONS

Can anyone enter the Diamond Bourse?

No. The Bourses are private, members-only institutions with strict security and vetting protocols. You cannot just walk in. You must be invited by a member like Zizov Diamonds.

Is it safe to visit the Diamond District?

It is statistically one of the safest places on the planet due to the immense police and military presence and thousands of cameras defined by the "Square Mile" security protocols.

Do I have to pay VAT/Tax?

If you are a resident outside the EU (e.g., USA, UK, Switzerland, Dubai), you can buy Tax-Free (saving 21%). We handle the export paperwork for you.

Can I pay with cash?

Strictly limited. Belgian Anti-Money Laundering (AML) laws cap cash payments at €3,000. All major diamond transactions are conducted via secure Bank Transfer.

Do I need an appointment?

Yes. Access to the Bourse building requires pre-registration for security clearance. We need a copy of your passport 24 hours in advance to print your badge.

Is it cheaper than Dubai or India?

Often, yes. While India polishes small stones cheaply, high-value stones (1ct+) are traded in dollars in Antwerp. Buying here cuts out the shipping and insurance costs of moving the stone to Dubai or Mumbai retail shops.

What is the "Antwerp Cut"?

It is a term for a diamond cut to maximize brilliance rather than weight. It typically refers to "Ideal" proportions that sacrifice raw material for optical perfection.

How do I get my diamond home?

You have two options: 1) You carry it (hand-carry) and declare it at your home customs. 2) We ship it via Brink's/FedEx to your doorstep. Option 2 is often easier for insurance purposes.

Come to the Source.

Book your private consultation in the heart of the Diamond District.

Visit Us in Antwerp