DIAMONDS: Investing in Colored Diamonds Pays Dividends?

Colored diamonds collecting

Recent sales, and not only those at the famous auction houses, saw an influx of international buyers from dozens of countries bidding on colored diamonds around the $ 100,000 mark and above.

Reasons:

• Beauty (no explanation needed)
• Rarity: "for every 100,000 carats of white or colorless diamonds mined, just one carat of colored diamonds are found. Therefore, these gems tend to rise more quickly in value. Some jewelry experts claim that premium-quality colored diamonds double in value roughly every three to five years." says Artfact.com

Recent auctions such as that of an 5.44 ct Yellow Diamond wedding ring by a Chicago family created a true bidding war between a dozen buyers from Bulgaria, New York and Los Angeles.

Read the full story in Forbes