With high street banks continuing to pay poultry interest rates and traditional markets now riskier than ever following tumultuous Brexit discussions, where are the best places to invest your hard-earned money? Over the last few years we have seen investors increasingly turning their attention to alternative investments, an umbrella term for luxury investments such as watches, fine art, vintage cars and property. Whilst alternative investments are considered riskier than more traditional investments such and stocks and shares, they have the potential to provide much higher returns and there is an enjoyment factor that comes with investing in something tangible that sets alternative investments apart.
One alternative investment that has seen a surge in popularity over the last 10 years is coloured diamonds. Coloured diamonds have long been perceived as one of the rarest and most precious commodities on the planet, currently accounting for less than 0.1% of the world’s total diamond production, however their increasing rarity due to dwindling resources and high profile mine closures has seen these precious gems significantly increase in value. The Knight Frank Wealth report now includes coloured diamonds on their wealth index and estimates their value has risen an impressive 167% since 2005. When taken on their own pink diamonds are said to have appreciated in value by more than double that figure, no doubt helped in no small part due to the news that the Argyle mine, currently responsible for 90% of pink diamond production, is set to close in 2020.
With these finite resources growing ever rarer and demand continuing to grow, the value of coloured diamonds shows no signs of slowing of down. It’s not just collectors that are interested in buying these stones either, but also high net worth investors who in the past tended to opt for more traditional investments such as stocks and bonds. Over the last few years, coloured diamonds have dramatically risen to the public’s attention with several high-profile auction sales making headlines in the media. These incredibly rare and precious stones continue to excite and entice investors, with many of them selling for increasingly high prices. In 20 the “Pink Star” became the most expensive diamond ever to sell at auction, when it was sold for $71.2 million at Sotheby’s Magnificent Jewels and Jadeite Spring Sale. The beautiful 59.60 carat pink diamond is the largest pink diamond of its colour grade and quality ever discovered.
Other notable auction sales in recent years include the 100.09 carat Graff vivid yellow diamond, which became the most expensive yellow diamond in history when it sold for $16.3 million, and the 14.62 carat Oppenheimer blue diamond, which broke all records at the time of its sale, making an incredible $57.5 million at auction.
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.