Diamonds are non-monetary, highly-portable assets. -Forbes
The Closure Of The Argyle Mine
It has been almost a year since the Australian Argyle Mine closed down. This closure did not go unnoticed by the world press, as Argyle produced more than 90% of the already extremely rare colored diamonds.
The Argyle mine closed on November 3rd, 2020. Not surprisingly, as a direct result in the year that has passed, we have experienced a steep increase in global interest for the rare and colored diamonds. Surely we agree that all diamonds are unique and beautiful, yet only few are categorized as investment diamonds. More than ever, we cannot stress enough how relevant is is to strategically focus on especially the blue, pink, and yellow diamonds as investment pieces or as part of statement jewelry, as they represent an extremely rare ressource and are bound to continuously rise in value.
Protect and increase your wealth
Diamonds have throughout history been used as a medium of capital preservation, wealth accumulation, as well as a hedge against financial and political crisis. As the investment community and proficient investors demand for alternative investments is growing more than ever, especially fancy color diamonds and larger white diamonds may be the last tapped natural resource to turn into a broader financial instrument.
Why Invest in diamonds?
- Pink diamonds are described as the preferred high-end investment in 2020 by The Telegraph
- 112% appreciation on fancy colored diamonds over the last 10 years
- Blue diamonds have performed strongly over the last couple of years with some sizes rising in value by almost 12% annually
- Pink diamonds have increased more than 400% in value since 2000
