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14Kt Gold Star of David / Menorah Pendant with Diamonds and Sapphires

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The Diamond industry in Israel is an important world player in producing cut diamonds for wholesale.

History

Since the fifteenth century, when an Antwerp Jewish diamond cutter Lodewyk van Berken invented the scaif, diamond cutting was one of traditional Jewish crafts. The Israeli diamond industry began in 1937, before the Declaration of the Establishment of the State of Israel, when the first diamond polishing plant was opened in Petah Tikva by refugee experts from Holland.[1] In 1938 the 15% import duty on imported rough stones was removed. By 1944 the industry employed 3,300 workers in 33 factories, with £P.1,320,000 capital investment, entirely Jewish.[2] The value of exports was over £P.3,200,000 mainly to the USA, Canada and India.

 

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