Diamonds | wealthymatters

Dithering Over Diamonds

January 7, 2020 2 Comments

Honestly, I love diamonds. And love coloured diamonds more.

And I have had a bit of good luck with them. In 2008,in the midst of the financial crisis, I bought a few yellows from a person with a cutting and polishing factory, who had little use for them in a market with a decided preference for the white variety. Last week I was pleasantly surprised to see just how much yellows had since then become quite the fashion ! And better yet, have the appraiser inform me that one of them was not yellow but green actually!Way rarer and pricier !

So beginners luck should be encouraging me to gamble once again…..But I find myself conflicted. Seriously conflicted. Read more of this post

Filed under Alternative Assets Tagged with Australian diamonds, coloured diamonds, DeBeers, Diamond fraud, Diamond loans, diamond price, Diamond price manipulation, Diamond Trading Company, Diamonds, Green diamonds, investing in diamonds, Investment diamonds, Lightbox, Oppenheimer, postaday, Russian diamonds, synthetic diamonds, Yellow diamonds

Thumb Rules For Engagement Rings

June 26, 2014 Leave a comment

So ideally how much should an engagement ring cost?

Here are some commonly recommended thumb rules:

1.Three months of the groom’s income.

2.The price of a diamond the size of the bride’s age,divided by 10.So a 3 three carat diamond ring for a 30 year old bride.

3.The price of the best car the groom drives.

4.A price that seems like the right one to the groom as a testament of his love for his bride.

5.A price that indicates the social status and economic success of the groom.

6.What the bride wants and makes her feel special.

7.A price that the groom believes signifies the value of his bride.

Filed under Tool Kit Tagged with Diamonds, how much should an engagement ring cost?, investing in diamonds, postaday, thumb rules to buy an engagement ring

Of Rocks

April 30, 2014 2 Comments

” if you want to measure a man’s worth, check out the rock on his woman’s finger ” – Stephen A Schwarzman

Filed under Tool Kit Tagged with diamond necklace, diamond ring, diamond solitaire, Diamonds, Naya Rivera, postaday, Stephen A Schwarzman

The Most Expensive Diamonds In The World

April 18, 2013 7 Comments

The Cullinan | 3,107 carat (621.35gm), $400 million Read more of this post

Filed under Tidbits Tagged with De Beers Centenary Diamond, Diamonds, famous diamonds, Hope Diamond, Koh-i-Noor, postaday, rare gemstones, The Cullinan, the most expensive diamonds in the world, The Sancy Diamond

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.