investing in gemstones | wealthymatters

Investing In Solitaires

September 17, 2014 Leave a comment

wealthymatters While the BSE Sensex, the country’s equity benchmark, and gold prices rose 68% and 70%, respectively, since 2010, the price of one carat of high quality solitaire has doubled during the same period to around Rs4 lakh from close to Rs2 lakh, that too without any wild swings. And there is the added advantage of being able to flaunt them.

A solitaire is priced anywhere between Rs75 lakh to Rs 20,000,depending on its weight and other parameters. There are some 123 factors that diamond sellers follow around the world. The major ones that determine the price of a diamond are its colour, clarity, cut and carat. A flawless diamond with a certificate from an international lab is considered the best quality. This last point is the most important. You will find a lot of cheaper stones with local certificates.

If you sell an old solitaire, with a certificate of authenticity from an international lab, jewellers across the country offer 90% of its prevailing market price.

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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.

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Divine Solitaires Price Index

December 16, 2012 Leave a comment

wealthymatters.com Ever since http://www.diaprices.in stopped publishing prices in the old format I mentioned before and switched to the current one with no details of smaller stones and better colour grades I have found the price list here of more use to figure out what sort of deals I am being offered on my diamonds.Hope you find it useful too.

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The Truth About The Colour Of White Diamonds

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

Filed under Alternative Assets, Tool Kit Tagged with diamond, diamond colour, diamond grading, fluorescent diamonds, gemologist, gemology, investing in diamonds, investing in gemstones, postaday

More About The Clarity Of Diamonds

October 11, 2012 Leave a comment

wealthymatters.com Diamond clarity is a term used to describe the absence or presence of flaws inside or on the surface of a diamond. A perfect diamond with perfect clarity, or clearness, is rare, and most flaws that do exist in jewelry grade diamonds cannot be seen without looking at the gems through a jeweler’s magnifying loupe.