It is now time to consider diamonds as viable alternative investments that represent both the beauty and resilience of “hard” assets, especially in periods of economic downturn.
It is now time to consider diamonds as viable alternative investments that represent both the beauty and resilience of “hard” assets, especially in periods of economic downturn.
A collectible can be any physical object that people can and do collect: from fine china to bottles of wine, from rare manuscripts to vintage cars — and everything in between.
In comparison to other collectible hard assets—such as automobiles, watches, and fine wines—diamonds have the advantage of being indestructible.
In some ways, jewelry is a safer investment: It doesn’t require tailored storage or upkeep like wine, art and cars; it’s easily transportable; it’s valuable currency in any country; and it can be worn and enjoyed.
Fancy colored diamonds have increased in popularity in the last decade, leading the large auction houses to realize some of their largest gains on the back of record-breaking sales.