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  • Will this '$35,800' half-size round diamond ring be forever in Paris?
  • Post author
    Paul Fraser
  • '$35800'half-sizethisWill

Will this '$35,800' half-size round diamond ring be forever in Paris?

 

 

A quit scour of the markets for diamonds coming up for sale reveals this specimen in Rossini's upcoming Paris auction on Thursday, June 30.

This particular jewel is a half-size round diamond weighing 7.07ct. In addition, the weight of its frame is 4g.

According to Rossini's lot notes, "the certificate of Gemology is being prepared and will be delivered to the purchaser." 

Days after a $4.2m diamond ring stole the show at Christie's New York jewellery auction, diamonds are continuing to prove themselves as strong alternative assets on collectors' markets.

What's more, experts are recommending that now is a good time to invest in diamonds. 


The ring and half-size round diamond, weighing 7.07ct

These include Luc Renneboog and Christophe Spaenjers of Tilburg University in The Netherlands, who have compiled a positive report after being granted access to Rocks International's database of 4,000 gem auctions.

Their study, entitled Hard Assets: The Returns of Hard Diamonds and Gems, shows that 'white' diamonds have significantly increased in value over the last 10 years. That's second only to the massive rise in the value of gold.  

In fact, diamonds were even more valuable than gold for a period in the first half of 2008.

Such successes, like the remarkable 46.51 carat oval-cut E-colour diamond sold at Christie's New York, are only the tip of the iceberg - with many opportunities available to collectors on a lower budget.  

The diamond appearing at Rossini, for instance, carries a €20,000-25,000 ($35,824) estimate - placing it more in the budget realm of mid-level investors.

Watch this space for more new from the diamond markets.

 

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  • Post author
    Paul Fraser
  • '$35800'half-sizethisWill