Buying an Investment Diamond
For centuries, people have turned to diamonds as a method of wealth condensation and wealth transportation. However, in the last few decades, as the popularity of certain diamonds has significantly increased and education about their investment benefits better known, the concept of diamonds as an investment has arisen in a big way. The most notable has been the big-ticket fancy color diamonds that are sold by auction houses such as Sotheby’s and Christie’s. These diamonds time and again earn incredible prices per carat at auction, shattering previously set records and continually gaining in value and helping increase overall value for stones of those colors in the market as a whole.
Why Invest in Diamonds?
Value: It is the commodity with the highest concentration of value compared to the volume.
Rarity: To open a diamond mine it takes 10y. The average yield of a mine is 1 gram every 10 tons of rock extracted and only 20% of this gram can be used in jewelry.
Not volatile: Its price is not subjected to strong movements up and down, as gold.
