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.
Although there is no official history of diamonds, experts agree that they originated between 2500 and 1700 B.C. They were first discovered in India, in the Golconde region, between the rivers Godavari and Krishna.
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.
As an asset class, luxury baubles have never been hotter. Here’s what you need to know to get in on the gem game.
The rich keep spending. Luxury goods maker Hermes International’s stock soared Friday after the company reported sharply higher profit and revenue despite global recession fears.
The gemological characteristics of the De Beers Cullinan Blue suggest it is one of these superdeep diamonds.