The Shift From Jewellery to Investment, Are Diamonds the Next Asset to Acquire?

Finally begin to shine jewelry . With gold prices down and currency values ​​in difficulty , some investors and collectors roam creative alternatives where they can store cash and move quickly in a jiffy.

"People are looking for ways to exercise more control over their money , they just want to diversify their assets . "

For this reason , diamonds , probably the most difficult of all the assets are not only the best friend a girl . Men are primarily responsible for advancing the market for 71 billion U.S. dollars jewelry , not because they want to spoil their partners on special occasions . Men, like some women, are increasingly shifting a portion of their assets in diamonds and colored gemstones as pure investments , portability jewelry attracted and overall appeal , experts say .

Diamond prices tend to rise when stocks fall, and vice versa. However, the long- term diamond values ​​is reassuring , experts say jewelry and art : Last month , the average asking price for a one carat diamond of gem dealers was about $ 10,500 , an increase 31% off the usual price of a carat, six years ago, according RapNet diamond Index , which tracks prices between 12,000 gem diamond dealers worldwide . During the same period , the Standard & Poor's 500 rose 14 %.

Martin Rapaport , a former diamond dealer who built the largest RapNet diamond billionaire industry sales network said a friend recently bought only 100 carats and was strung on a wire Roaring Twenties style . Thus, if the fate of the man has changed, could walk on a plane with his loot , worth approximately $ 1.1 million, a loop securely around the neck of his wife . " If the world is a computer virus and suddenly spending $ 10 million in 48 hours , gold triggered the metal detectors and lots of money becomes complicated ," said Rapaport , " but to slip into a ring 5 million and $ 5 million necklace and have no problems. "

The difference is that investors dominate the jewelry market now, and the tastes and habits are collected to determine price levels for all types of jewelry. In China, industrial magnates perfect covet mainly D- perfect diamond gems. This preference for perfection found that when Chinese investors to avoid the stones even more , but a bit cloudy for varieties , minor defects , said Lisa Hubbard , Sotheby specialist . In other parts of the world , however, seems even better sale last month , Sotheby sold a white diamond pear shaped 75 carat of $ 14.2 million , the seller will pay $ 4.3 million in 2001 , earning a 230 % back .

Collectors in China also boosted prices charged colored diamonds , particularly in rare shades of pink and blue. Christie said the last time the 39 million " Princie " pink diamond was sold at auction in 1960 , sold for $ 1.3 million . Christie sells sapphire rings , diamond and emerald next week.

Now , the auction houses are doing everything possible to appear accessible to beginners. Any person who has ceased overview jewelry Christie last month in New York may have purchased a catalog of 297 pages with descriptions pages dedicated to their dearest songs like " Princie " that was mined in India 300 years before and taken for an estimated $ 30 million .

When " Princie " came up for auction a few days later , a model with a pink prom dress design to the stone for a last look at the auction room . A few minutes later , the hammer fell and the telephone bidder won $ 39.3 million , which is the second most expensive ever auctioned jewelry.

In its rival Sotheby diamonds are also paid . Mrs. Hubbard said jewelery sales to the auction house worth last year $ 460,500 000 58 % of its sales in 2007 - the peak of the last market cycle.

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