Investments in diamonds

Discovered in March 2017 in Sierra Leone, a 709-carat diamond was auctioned in New York for $ 6.5 million.


An amazing story, but many of my subscribers are interested in the topic of investing in diamonds and the possibilities of diamonds as an investment. Didn't think that we have a millionaire club here ?. The topic is very extensive, I will try to outline the picture in general terms, if someone really needs detailed advice - call us, we will figure out the issue thoroughly and originally.


“They told me on TV” that a diamond ring is not only an elegant gift, but also an excellent investment, and also a particularly successful investment in times of crisis!

 

I have not yet told you that I have a diploma from the Finance Academy under the Government of the Russian Federation in the field of business and investment valuation? Yes, this is my first education and my first experience in this field, I worked in the field of consulting. Am I writing about this to increase the degree of expertise of this post?

So, to the topic! Investments:

Only rare and unique diamonds are considered investment, these are diamonds that have sufficient liquidity (can be sold with a short exposure period) and do not lose value after resale, and more often their price is growing steadily in the market, from year to year. Experts talk about the starting price of such stones, from $ 250,000 . This is the investment threshold for the diamond market. For less money, you shouldn't even try to make money in the diamond market, and only a good specialist can help you make the right investment.

 

Investment:
Well, not to earn, so at least to save, you say ..
Unfortunately, this is also not so simple. Having bought a diamond in a store, expect a 40-50% discount for the subsequent resale of the stone, and if you bought a diamond in a setting, get ready for a discount of 60% or more. But there is good news, if you turn to a trusted person - a participant in the diamond market, he can help you choose a stone that will save more money, with a skillful approach, you can find a diamond that will lose no more than 20% of its original value upon resale! Skillful investment!