News RSS

The rough 709.41 ct was found in Sierra Leone in 2017. The valuation of this stone is not available, as of yet. This rough was called Peace Diamond and will be auctioned in New York in December 2017. It failed to meet the government reserve price when it was auctioned last spring, as the highest bid of $7.7m was rejected. The sale of this stone will bring a difference to the economy of Sierra Leone, where the population reside in extreme poverty. The stone is not of gem quality, therefore it will not be of a high value once it...

Read more

2). “Investment-grade diamonds hardly exist, therefore diamonds are not a good investment” - Myth A good amount of investment-grade diamonds exist. It is very difficult to find them, though, as diamonds lack fungibility and typically the choice of investment would boil down to either spending a lot of time trying to find the best investment-grade diamond on your own and get a higher annual return, or go to more standardised assets (like oil and gold) which give a lower annual return. Companies like ECN Investments however, are putting a third option into the mix - to find the investment-grade diamond so you...

Read more

Well, it’s official. Brexit means that the UK will lose out on £440bn of the global derivatives market. That means that the UK may lose out on diamond derivatives if they will come out by the end of this year…except from my personal experience, it is highly unlikely that diamond derivatives will truly exist. The razor thin profit margins of the jewellery industry would be eroded if diamond investment would be available for the mass market, and standardisation still remains an issue because you would have less choice in what stones you can invest in. A basket of low-quality colourless diamonds...

Read more