Christie’s jewellery auction

Princie

April 18, 2013 Leave a comment

wealthymatters.com

The Princie is a cushion-cut , 34.65 carat intense pink fancy diamond that originated from the a Golconda mines.The Princie Diamond possesses the most desirable qualities that today’s collectors seek in the jewel: large size, desirable shape, polish, exceptional colour, quality, Golconda origins and a noble history.It was first recorded in the holdings of the royal family of Hyderabad.

It was first offered in an auction in 1960 as “The Property of a Gentleman” — later revealed to be the Nizam of Hyderabad himself. The diamond was purchased by the London branch of Van Cleef and Arpels for £46,000 that corresponds to $1.3 million today. Read more of this post

Filed under Alternative Assets, Tidbits Tagged with Christie's jewellery auction, coloured diamonds, cushion cut diamond, fancy diamond, Golconda mines, intense pink fancy diamond, investing in diamonds, Maharani Sita Devi, Nizam Of Hyderabad, phone bidding, pink diamond, postaday, prince of Baroda, Princie Diamond, Royal provenance, Van Cleef and Arpels

Nirav Modi’s Jewellery Advice

February 15, 2013 2 Comments

Nirav Modi’s Golconda necklace and coloured diamond ear pendants that was auctioned by Christie’s for 16 Crores

1)Where you get your diamonds certified is a big a deal as most labs have varying standards. The Gemological Institute of America (GIA), with its stringent standards is recommended by NiravModi.

2) Diamonds are an excellent way to store wealth. They don’t leave a messy paper trail, and government permissions aren’t so stringent. Also, according to Nirav, diamonds that weigh 3-carats and more appreciate very well. Prices will double every 10 years.This has been noticed over an 80-90 year period.

3) Given the current dismal economic climate, investing in diamonds, especially coloured diamonds like pink diamonds, might be a good idea. These precious stones have been consistently out-performing gold, silver and shares in the recent past.

4) The blue Tanzanite stone, found only in Tanzania, is a great alternative to the ‘cursed’ sapphire.

5) Basra pearls are no longer available because of the situation in Iraq. So any Basra pearl necklace should immediately becomes a rare heirloom and treated with care.