Press Room
Polygon Celebrates 20 Year Anniversary 5/04
Golden, Colorado — May 5, 2004— Polygon, the jewelry industry's largest Internet marketplace, celebrates its 20 year anniversary this month. In operation since 1984, suppliers have been using the network for over two decades to buy and sell diamonds, colored stones, watches, and estate jewelry. Retail jewelers find it an invaluable resource to locate product and to exchange valuable information within the jewelry community. Polygon offers its members the largest database of polished diamonds in the world with a value of over $1.5 billion, as well as one of the most complete groupings of finished jewelry available in a searchable database format. The trading activity that takes place on Polygon is estimated to be millions of dollars per day.
Started nearly a decade before the invention of the Web, Polygon was "ridiculously ahead of its time" notes Jacques Voorhees, President/CEO. "Personal computers had only been on the market a couple of years, and modems were nearly unknown. In the tradition-oriented diamond business, almost no one was using technology. Today, the membership exceeds 3,000 users and more diamond trading takes place everyday on Polygon than on the floor of the New York Diamond Dealer's Club. "
"Polygon is the most valuable tool an independent retail jeweler can have," according to Chet Blackmon, owner of Jewelry Works, Leesburg, Florida. "Not only does it bring together hundreds of dealers who compete for your business with the best prices, it also means having access to literally anything the customer wants-without having to stock any of it."
"We are thrilled to be celebrating our 20th Anniversary", adds Voorhees. "Thank you Polygon members, for the last 20 years. Here's to 20 more. Champagne, anyone?"
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