Gemstones are pieces of mineral crystals that are cut and polished into a form that is later used within jewellery or other adornments. Most gemstones tend to be rather hard but some soft minerals are used within jewellery due to their lustre or other physical features that have a high aesthetic value. Rarity is something simply adds to the value of gemstones.
Most colored gemstones are strongly saturated and it is difficult to get these in higher carats. In November 2018, the Pink Legacy weighing 19 carats created a new record of $50 million at Christie's Geneva auction. Rubies, emeralds, and sapphires through heritage sources are most sought-after as much has been written about them for centuries. Some investors buy the lesser known like the Paraiba tourmaline or a spinel as it can deliver higher payoff than traditional due to rarity. The fluctuation of supply-demand makes alexandrite and tsavorite the high-end contemporary emerging one-of-a-kind pieces
The returns of passion-driven investments go beyond the momentary increase in value where gemstones embedded in precious metals can be bought as a token of affection and can deliver over 10 times in 10 years. Many such unique pieces get a huge amount of publicity through celebrity endorsement and royal associations, which make it an exceptional object of desire and luxury investment. Perfect diamonds in the 20-, 40- and 50- carat range can get accelerated growth in demand, where some buyers prefer them to some of the biggest pieces of art.
The Knight Frank Luxury Investment Index find fine jewelry provides 138 percent return in 10 years. There are many other advantages of investment in gemstones as it requires low transportation, maintenance and storage cost. These are even better than some of the other passion assets like cars or wines as over the years’ people have recognized the beauty and uniqueness of this asset class that offers personalized products in different price ranges.
RARE GEMS Types
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