Diamonds have long been considered an attractive investment among investors, however coloured diamonds hold a mystique and appeal of their own. Only one diamond in 10,000 is classed as a coloured diamond, making them both incredibly rare and desirable. Certain coloured diamonds such as pinks, blues and reds are so rare in fact, that only a handful of investment grade quality stones weighing over 1 carat are found each year.
What Causes the Colouration in Coloured Diamonds?
Coloured diamonds get their colour from foreign particulates that are trapped during the crystallization process from which diamonds are formed. These alter and affect the chemical processes causing the diamond to change colour. Whilst scientists have been able to identify the exact particulate that causes certain diamonds to get their colour, it is still a mystery as to how red and pink diamonds are formed.
How Are Coloured Diamonds Graded?
Like colourless diamonds, coloured stones are graded on the four C’s; colour, carat clarity and cut. The difference being that colour grading becomes a much more important factor when assessing the value of coloured diamonds. Coloured diamonds have a colour grading that ranges from faint or very light to fancy intense, fancy deep and fancy vivid. The more vivid or intense the diamonds colouring, the higher the price it can expect to fetch at auction.
Appreciation in Value
Over the last decade, awareness of coloured diamonds has increased significantly, helped in no small part by record-breaking auction sales, and extensive media coverage. In 2017 the pink star diamond, a beautiful 59.60 carat, oval cut, Fancy Vivid Pink stone was sold for an incredible $71.2 million at Sotheby’s auction in Honk Kong. The year previously, a magnificent 14.62 carat rectangular cut, Fancy Vivid Blue diamond became the most expensive blue diamond in history fetching a staggering $57 million. When you consider that even a 1 carat pink or blue diamond is likely to fetch prices upwards of £100,000, it is little surprize to see that coloured diamonds popularity has surged among investors in recent times. In the last 10 years, pink diamonds have appreciated in value by over 300%, whilst blue and yellow diamonds have both appreciated by figures of more than 100%. Across China and the Middle East, demand for coloured diamonds is at an all-time high due to rising income levels and increased awareness of coloured stones.
The Future of Coloured Diamonds
Currently there are only a handful of mines around the world, unearthing enough coloured diamonds to keep up with demand. The Argyle Mine in Australia is currently the biggest source of coloured diamonds and is responsible for over 90% of the world’s pink diamond production. In just under a years’ time this mine is set to close due to the increasing costs of extracting the stones and dwindling resources. This means that the value of coloured diamonds, in particular pinks stones is likely to rise exponentially during the foreseeable future. For Investors this represents an incredible opportunity and one that many are looking to capitalize on.
Rav's enthusiasm and passion is contagious! I have a lot of faith and belief in Rav and have no doubt that he will climb the ladder of success. My investment has had a life line of 6 months and whilst I acknowledge that this is a short time, I am more than satisfied with the way things are going.
It has been a pleasure working with Rav & his Group and I am excited about how far this company can grow over the next 5 years. A lot to look forward to.
Not much to complain about regarding this young man, I have followed his movements since 2012 and I am happy to see him pushing and progressing slowly towards his goals. Good luck to you Rav!
A gentleman in all aspects, Rav has treated me and my portfolio with the utter most respect. How many collectors can boast a rare gem portfolio that consists of a Red diamond?!! Rav has knowledge, confidence and reach, making him a very capable young man.
Happy with the way things are going, a little over 18 months in to my investment and no reason for complaints. I like the vision, the strategy and the enthusiasm that Rav brings to the table, making me feel confident about the future ahead.
Very easy going, considerate and polite. He has been very promising, hard working and supportive person. Rav's style of presenting his business portfolio and approach was never pushing. He understands both sides of the world and is keen on making sustainable stronger long term relationship with his clients. This type of qualities are very rare and unique.
I have had the pleasure of working with Rav over the past 4 years. Over this period Rav has helped shape my rare gem portfolio in to a world class profile. Rav is a man of insight, knowledge and market intuition. His services are highly recommended.
Rav is at the start of his journey, and I can see this young man building a formidable legacy over the next 20 years. His vision, understanding of the market and client requirement is a foresight that should not be underestimated.
I have been a client of Rav's since 2010, and also one of his first clients. I take great pride in watching this ambitious man grow and evolve. The fact that he is now the leading specialist in the field of rare gems, speaks volume of his contribution over the past 8 years.
Rav is the man of the moment over in the UK. His history, experience and strong performance in this sector is not to be underestimated. I would not hesitate to recommend Rav's services to anyone that may be looking to build a tangible portfolio of rare gems to place in to an investment strategy.
Rav is creative and passionate in his work and craft. I have been a client of his since 2016 & have enjoyed the journey.