‘Vivid pink’ diamond sells for record $11.7 million
This is a slightly older article that I found again recently while doing some research for a client. It points to the fact that the coloured diamond market was able to pick itself up again during the middle of the 2009 GFC. testament to the inherent value and investment worth of such a diamond.
http://www.smh.com.au/executive-style/luxury/vivid-pink-diamond-sells-for-record-117-million-20091202-k4yd.html
The article also goes on to talk about some of the previous sales at auction for these wonderful and rare diamonds, they highlight the fact that coloured diamonds generally used to fetch about US$1M per carat, and now that this barrier has been broken they are expecting to see the price per carat rise -however in time.
There is plenty of research and available information that points to coloured and pink diamonds in particular being some t=of the worlds best investments available. The Sovereign Society, from Scotland, an organisation that gives legal asset protection advice to its clients recently advised them that “coloured diamonds are the worlds most concentrated form of wealth. A coloured diamond portfolio of any size can be easily and legaly transported in almost anywhere in the world, then sold in most major cities around the globe.”
You do not need a significant space to keep your diamonds, in fact a wallet of any size could actually hold many hundreds of thousands of dollars to several millions of dollars worth of coloured diamonds, so transporting them is easy and can be very convenient.
The real value of a coloured or pink diamond portfolio is that since 1949 their value has increased EVERY year by an average of 15%. This means that roughly every 5-6 years they double in value.
Yes thats right double in value… every 5-6 years…
So the question becomes – when would now be a good time to start purchasing coloured diamonds?
If you are interested in something like this, then you will need to get in touch with me via my website Eskae Jeweller and I will be able to help you find the best fit for your needs and budget.
Sam Kritsotakis – Your Private Jeweller
Eskae Jeweller.
