Diamonds have attracted a number of investors which have proven highly profitable. Returns on investments which are fixed and instability in the markets are pushing investors to venture into markets that are stable and those with high profitability. Many prosperous people are turning their way towards hard possessions which they can adore such as cars, art or even jewelry. Putting your money in diamonds as an investment is a good and an earthly substitute. Some factors have led to a recent fading of diamonds as an investment including lack of transparency on the pricing and lack of a unified quality standard among the stones.
Today, there has been an increase in the demand for diamonds globally that’s why many businesses are coming up with strategies to imitate the achievements other stones such as gold have had. This is by coming up with trade exchanges that are backed up by diamonds. The increase in global demand of the stone and a restricted number of mining activities, the resource and demand are beneficial to the investor and hiking up the diamond prices couldn’t be inevitable. Therefore, the diamond remains to be an all-time best investment. However, before you venture into this, there are a few things that you need to keep in mind.
- Understand the stone’s basics
It’s crucial to know the basics of the stone as this is what will enable you to know the quality of the stone you have at hand. You will often bump on the diamond’s 4C’s which are basically, the diamonds cut, carat, color and clarity. Depending on the stone that you set your eyes on, the 4 C’s will enable you to know the grade and its possible price.
- Compare diamond prices
These stones are not shares, which mean that the price of a stone isn’t determined by the bidding buyers and sellers either online or on offline platforms. Nonetheless, you can still compare their prices on legit online platforms such as Brilliant Earth jewelry shop and other platforms and in turn find the highest bidder.
- Buy at their best prices
Desist buying these precious stones from retailers who have already had a series of both middlemen and brokers. These have already received their cut and by the time the stone lands in the retailer shop, the price would be high. Buy from a source as there is where you will get the best deal, however, this does not mean that you should buy a cheap diamond. When you buy it at its best prices and have eliminated the brokers, then you are sure to sell it for more. In the end you will realize that investing in diamond is a viable option.
6)The Hope Diamond is one of the largest Blue diamonds in the world(originally 116 Carats).The diamond was reportedly stolen by a French gem merchant by plucking out eyes of Goddess Sita idol
There’s a famous legend that the diamond is cursed. It is now in US
Worth:$350 Million pic.twitter.com/vKqs69A5HU
— True Indology (@TrueIndology) 20 de mayo de 2018