This article was originally written by Jane Hanson for Forbes and published on April 25, 2023. Elizabeth Taylor once said, “Big girls need big diamonds.” Dana Auslander agrees. The veteran hedge fund executive is shaking up the investment world, creating a unique new asset class that sits at the intersection of finance and luxury, and gives all women […]
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.
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.