image source: Leo Schachter Diamonds

Leo Schachter, whose famed international diamond company has borne his name for almost 70 years, has died.

Leo Schachter Diamonds, a leading supplier of America’s major retail jewelry chains, was founded in 1952 in New York and became Israel’s leading diamond exporter for over four decades. The Leo Schachter Group operates in eight locations on five continents, and employs over 1,000 men and women from a myriad of cultures in manufacturing, product development and marketing.

Leo Schachter has been a DTC Sightholder for 50 years, a status that gives the company access to a vast range of rough diamonds mined by De Beers. Today the company is also a sightholder at Alrosa, the world’s largest diamond mining group.

Its employees come from a very wide range of cultures, religions and ethnic backgrounds, each contributing to the rich tapestry that has formed the corporate culture. Perhaps its greatest accomplishment has been the ability to maintain an entrepreneurial spirit while developing into a vertically integrated global company.

Leo Schachter is regarded by industry experts to be one of the most innovative global diamond enterprises in today’s quickly evolving industry. Leo Schachter pioneered the development of diamond jewelry brands and continues to lead the industry in developing new and creative ways to successfully market to new generations of diamond consumers.

Read more about the Leo Schachter brands here, as they explain them on their company website themselves:

The Leo Diamond®

Originally launched in 1999, the Leo Diamond® is the first diamond ever certified to be visibly brighter. The Leo Diamond® features a unique faceting arrangement that results in superior fire, sparkle, and brilliance.

Each Leo Diamond® comes with GSI or IGI certification of its 4Cs and also carries a GemEx certificate that documents its light performance, demonstrating its superior fire, sparkle and brilliance compared to conventional diamonds of similar carat weight, color and clarity.


LVE® is an exclusive diamond collection that celebrates the lifelong journey of love. Brilliant, handcrafted diamonds set in exquisite new designs feature a poignant and symbolic thread, representing the unique journey of love in all its complexity and wonder.

LVE round brilliant diamonds are cut to ideal proportions achieving maximum brilliance and beauty resulting in the coveted level of precision that forms the hallmark hearts and arrows pattern. LVE fancy shape diamonds – Princess and Cushion – are cut to exacting parameters to meet impeccable standards of quality. LVE is also available using Forevermark® diamonds.

Ideal by Schachter Diamonds®

Ideal by Schachter Diamonds® is a precision cut that unlocks the full potential of every diamond and consistently delivers a larger and brighter appearance. This is because of a very specific set of acceptable parameters that is more strict than any other laboratory graded ideal cut diamond.

The Ideal by Schachter Diamonds® Round has 58 facets, each precisely cut to maximize the light return, creating the hallmark hearts and arrows pattern in the round shape. The Ideal by Schachter Diamonds® Princess is laboratory graded for optimal proportions, and cut to the highest standards to deliver stunning brightness and scintillation.

Peonia Diamond®

This exquisitely crafted diamond is inspired by the majestic and refined peony flower – a symbol of good fortune and a happy marriage. Through art, science and skill, the artisans of the Peonia Diamond® capture the delicate beauty and significance of the flower in an enduring marvel of craftsmanship.

When viewed through a diamond scope, the delicate petals of the peony can be seen radiating from the diamond’s center, while the bottom view, shows a vivid floral burst. The result is a glorious dispersion of light, which exceeds conventional round diamonds. The Peonia Diamond® is sold in Hong Kong, China and Taiwan by Prince Jewellery and is also available in Thailand, Indonesia and Australia.

Schachter, an icon of the diamond industry. May his memory be a blessing to all those he knew.

Sylvain Goldberg