World awakens to Japan's sleeping diamonds

Traders flock to Tokyo as '80s-era gems once kept in homes return to market

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Japanese diamonds are highly sought by international dealers. (Photo by Karina Noka)

SATSUKI KANEKO, Nikkei staff writer

TOKYO -- Diamonds squirreled away in Japanese homes for decades are finding new life from overseas buyers.

Foreigners are flocking to the country's largest jewelry district in search of jewels snapped up around the world during Japan's bubble economy of the 1980s.

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