While some diamonds of sarcasm, fancy color diamonds shout slogans – and their growing market price reflects it.
In a partnership with the Coron Group and the Fancy Clause Research Foundation, a new report released by the Natural Diamond Council, Fancy Color diamond prices have increased by 205 % over the past two decades, which is driven by extreme shortages, global demand and collectors.
These painted diamonds make only 0.01 % of all the natural diamonds made, which appear in pink, blue, yellow, yellow, green and even red colors. According to the Fancy Color Research Foundation data, since 2005, the price of pink diamonds has increased by about 394 %, blue diamonds more than 240 %, and yellow diamonds have increased by about 50 %, with the overall prices rising at 5.7 % compound annually.
Natural Diamond Council CEO David Kelly wrote in a press release, “Fancy color diamond diamonds are the ultimate manifestation of passion, desire, personal style and sustainable value.” “No one is ever the same. We’re not just talking about jewelry, we’re talking about a dynamic legacy of the ultimate power and beauty of beauty.”
In view of their fragility, fancy colorful diamonds have become head -makers in key fixtures in high auction and high jewelry combinations and red carpet. This May, Geneva of Sutbi sold the Mediterranean blue, 10.03 carat Fancy Vishsh Blue Diamond for $ 21.4 million. This amazing personality translates to 1 2.1 million per karat. And only last month, Christie’s New York received about $ 14 million for my Theres Punk, which is a pink diamond of 10.38 carat that has a relationship with my antivirus.
Blue of the Mediterranean.
Swamp
Auction catalogs now contain regular colors and carat weight spectrums. This month in New York this month, the offerings include 5.02 karat fancy punk diamond color (which is estimated at $ 1.5 million to $ 2 million), a 2.02-Caret fancy vashid Blue Diamond ($ 1.4 million to $ 1.8 million), and 26.19 carat fancy vivid yellow ($ 750,000). These valuable colors not only focus on their aesthetic varieties, but also as a stable investment of their long -term value.
In a press release, Coron Group CEO, Anshol Gandhi, wrote, “Fancy color is a very rare and highly respected segment of the diamond market that demands a deep understanding of workmanship and gymology,” Coron Group CEO Anshol Gandhi wrote in a press release. “In support of the strong presence in the global network and key markets, we continue to establish standards in the trade of fancy color diamonds, and transform the rare creations of nature into the art of art.”
Only a handful of diamond ears produce colorful jewelry, namely in Canada, Botswana, South Africa, Sierra Leone and Australia, with stones mostly. With the Paris Hoot Kochar Fashion Week on the horizon, industry experts expect this luxury asset to steal the spotlight on red carpets, exhibitions and runway.
