Colored diamonds (yellow, pink, blue, orange, red, green) have been gaining traction as an investment asset all over the world, especially in recent years. 70% of respondents in Barclay’s Wealth report worldwide survey said they had begun investing in diamonds, officially making it the most popular treasure asset in the world. Pink diamonds in particular are seeing a significant boost in popularity during the past decade – both as loose diamonds and wearable investments. Certainly celebrities have brought more attention to colored diamonds but the main reason behind the increase in value is that they are getting more rare by the minute and realistically could be nearly impossible to purchase a natural pink diamond in the very near future. The Argyle Mine in Australia is the only known significant source of pink and red diamonds, producing over 90% of the world's supply. However, it is set to close by the end of 2020, thus driving the value of colored diamonds higher (especially pink diamonds). I am not a professional investment borker and I don't necessarily advocate people buing diamonds with its sole purpose as an investment - I still belive diamonds should be adorned for its beauty and sentifmental value. However, if you buy the right diamond - that means amking an educated purchase from the right, certified and reputable gemologist, pink might be the way to go. Similar to all other fancy colored diamonds, the larger the carat weight and better the cut, color, and clarity the more expensive the stones will be. High-end Pink diamonds can reach exceptional prices. Almost every time a new record price is made it is immediately broken.
So, THINK PINK! Make sure not to buy at retail mall prices (buy low, sell high) and make sure you buy from a GIA certified gemologist, Robert Palma Designs. Visit Us at: www.robertpalmadesigns.com
