For Whom Wealth Matters
April 28, 2013 Leave a comment
Graff Diamonds of New Bond Street, purchased a blue 5.3o carat fancy diamond at an auction by Bonhams in London for $9.5 million.The price per carat was is a record $1.8 million.
The stone is set in a ring made by BVLGARI in 1965.
April 18, 2013 Leave a comment
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
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.
October 19, 2012 Leave a comment
The beauty of a diamond depends more on cut than any other factor. Diamond cut has three primary effects on appearance: brilliance (the brightness created by the combination of all the white light reflections from the surface and the inside of a polished diamond), fire (the dispersion of light into the colors of the visible spectrum, seen as flashes of color), and scintillation (the flashes of light and dark, or sparkle, when a diamond or light source is moved).
When a diamond is fashioned from a rough stone, the cutter must balance optimal cut (and therefore appearance) against maximum yield (cutting the diamond to maintain as much carat weight from the rough stone as possible). Because many customers are willing to pay more for a larger, fair-cut cut diamond than for a slightly smaller, well-cut diamond, there is pressure on the cutter to sacrifice appearance for weight. This is why the cut is so important.
For the larger and more expensive diamonds dealers will be willing to provide more detailed grading reports with diagrams ,as above,showing proportions of the diamond.Use the tables below to ensure you are getting the best value for money. Read more of this post
October 11, 2012 Leave a comment
The vast majority of untrained observers (and many gemologists) cannot distinguish a colour grade from the one just above or below unless the diamonds are compared side by side in a controlled environment. Even when side-by-side, changes in colour are difficult to detect in I colour and higher diamonds.
Colour becomes much harder to detect once a diamond is set in a ring and placed in an environment that contains colour (as opposed to the all white background used in colour grading). For instance, a H colour diamond may look as colourless as a D when set in a ring under normal lighting conditions, especially if the two are not compared side by side.
For the best value in what would appear to the naked eye as a colourless diamond, look for G-J diamonds. Because colour is easier to detect in larger diamonds (just as a large carafe of white wine shows more colour than a small glass), opt for G-H in diamonds over 1 carat, and I-J for those under 1 carat. Once set in a ring, these diamonds will look just like higher colour grade diamonds. Instead of investing in higher color, invest in higher cut, the most important factor in a diamond’s brilliance. Read more of this post
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