This article we will guide you how to choose and buy diamonds and at the same time, we will examine the benefits involving the purchase of a diamond as an investment.
Which gains you have to invest in diamonds?
Note that when we refer to possession of a diamond as a form of investment, does not mean you’ll have instant profit but you will diversify part of its capital in a safe asset.
According to SMITH & BARROW, a diamond is considered a safe asset for the following reasons.
Portability and tax-free. Diamonds can condense a great deal of wealth in a small item that can easily be transported from one place to another. Investors can enjoy not having to pay tax on capital gains or possession of tax when they have diamonds. Therefore, investing in diamonds has become a wealth accumulation channel and is becoming increasingly popular these days.
Security during the recession and falls institutions in times of inflation, when there is increase in prices of other goods, the diamond along with other intrinsic goods, such as gold and oil, are even more valued. Therefore, making the diamond a shield against inflation. While stocks and bonds are subject to political risk, liquidity risk and market fluctuations, diamonds are not directly linked to the stock and bond markets.
Diamond prices increase during the period of inflation and maintains its value during deflation period.
Universal Prices: unlike the cost of other goods, where prices vary according to the markets, diamonds are indirectly controlled by a report on universal prices, establishing the weekly average market prices for each type of diamond. As a result, diamond prices are usually standardized on all continents and value of diamonds are unified across the globe. Investors do not have to suffer geographic price difference when liquidate its diamonds.
Owners diamonds are anonymous – no records of who owns the diamond.
Diamonds have no life and are maintenance free.
Testament to an inheritance: the diamonds can be easily transmitted from one generation to the next.
Universal currency and method of payment: Although diamonds are not used as payment in commercial transactions, its value is not rebuttable globally. Owners diamonds can settle your office in any country, provided there is a jeweler during the trip.
How to buy a diamond?
Before buying a diamond gemologist to ask questions about the quality and certification of the stones. It is important to pay attention to the following:
- Quality of the stones.
- Fair market price.
- Wide range of parts offered so you can make comparisons.
- High customer service standard post-sales.
- Proper certification for your diamond.
- Prefer international certificates of gemologists associated with Gemological institutes, such as the HRD Antwerp of Belgium, the GIA Gemological Institute of America Society of the United States and / or Gemological Institute IGI Italian.