'Sky-rocketing Diamond prices will continue to trend upwards in 2011'

There was a continued surge in prices for special and unique diamonds in 2010, according to new research by market analyst Fusion Alternatives.

This niche segment of the market, including very large and fancy coloured diamonds, "has essentially sky-rocketed over the last three years" says the report.

The trend comes "with record after record being broken in both the international auction and private client markets."

As we reported earlier this year, the successful 2010 for diamonds culminated in the record-breaking sale of a 24.78 Fancy Intense Pink diamond. It was bought by Laurence Graff for $45.6m at the Sotheby's Magnificent Jewels Sale in Geneva in November.    

According to Fusion Alternatives' report, the "investment diamond market fundamentals remain robust, allowing us to maintain our overall 'positive' outlook for investment diamonds both in the short and medium terms."

The report expects "prices to continue to trend upwards in 2011." 

 

Join our readers in over 200 countries around the world - sign up for your free weekly Collectibles Newsletter today 

Register to receive more in-depth articles from our dedicated team.

Register Here

Featured products

Save £60
Elvis Presley Authentic Strands of Hair clipped during his 1958 US Army haircut.
A certificate of recognition awarded to a Cuban social worker in 2001, featuring a fine signature from Fidel Castro.Fidel Castro's signature.
Fidel Castro Signed Certificate
Sale price£1,995
In stock
King Henry VIII signed vellum document in superb condition dated 1513 - the year Henry VIII invaded France. Provenance Sir Thomas Phillipps.Back of document: King Henry VIII signed vellum document in superb condition dated 1513 - the year Henry VIII invaded France. Provenance Sir Thomas Phillipps.
King Henry VIII Signed Historical Document
Sale price£45,000
In stock